The Urban Redevelopment Authority (URA) has released detailed sales conditions for a reserve site at Short Street for hotel development. The site, located within the Bras Basah and Bugis district, is one of two new hotel sites scheduled for release for application under the reserve list of the Government Land Sales programme for the second half this year. Developers interested in purchasing the site can...
General
The Lease Buyback Scheme (LBS) to help low-income households monetise their flats for their retirement needs could be implemented as early as January next year. Senior Minister of State for National Development Grace Fu gave this update in Parliament on Tuesday when replying to a question brought up by MP for Aljunied GRC Cynthia Phua. Under the scheme, first announced by Prime Minister Lee Hsien Loong...
Step into an urban retreat set in a tropical oasis. Waterfall Gardens is an enclave framed by lush green trees with full canopies, and encircled by cool bodies of water - from the gently cascading waterfall to meandering footpaths through pools and streams. You don't have to look far for the very definition of tranquility. Set back against the confluence of Farrer Road and Holland Road, Waterfall...
The global real estate capital market grew last year to hit US$12 trillion, but the subprime crisis has thrown a spanner in the works. Investors are finding it tough, with liquidity drying up, yields compressing, and valuations in the US and UK dipping. However, some analysts said that opportunities do remain and may even grow, as markets approach fair value. They noted that demographics in emerging...
Homegrown construction group Lian Beng has clinched a contract worth S$99.5 million to build a high-end residential project at Cairnhill Road. Lian Beng will build The Ritz-Carlton Residences through its Millennium International Builders unit. The deal was awarded by Royce Properties, a subsidiary of Hayden Properties. The project is the first luxury condominium project to be launched by The...
Situated in the serene, tree-lined enclave of Angullia Park, this 36-storey luxury freehold development is just a five-minute walk from Singapore's vibrant Orchard Road shopping district and Orchard MRT station. Comprising 30 exclusive apartments for ready occupation, Orchard View offers residents the privacy of an entire floor per residence, with stunning panoramic views of the city skyline. Location:...
Back for the 17th time, the Sheares Bridge Run, which began at Esplanade Drive, attracted 70,000 runners on Sunday morning. For the participants, the highlight of the event was running across the Marina Barrage – the newest development at the Marina Bay area. Guest-of-Honour, Defence Minister Teo Chee Hean, also joined the runners in the new scenic route. The event ended with a carnival at the Padang...
A S$1.8 million sports hub, called Bishan Active, opened in the heart of the Bishan North neighbourhood on Sunday. It is the largest public outdoor sporting facility in Singapore's housing estates. Mayor for Central Singapore District, Zainudin Nordin, said beach volleyball is featured at Bishan Active because it is hip and popular with the young. He said the Town Council will also look into further...
Location: 23/25 Nathan Road (District 9) Tenure: Freehold Site Area: approx 2165.8 sqm / 23,313 sqft Year of Completion: 2013 Total Units: 91 in 2 blocks of 12 storeys Unit Types: 1 bedroom ~ 55 - 80 sqm (42 units) 1 bedroom + roof terrace ~ 94 sqm (4 units) 2 bedroom ~ 73– 188 sqm (41 units) 2 bedroom + roof terrace ~ 114 - 115 sqm (4 units) Where the sky & landscape meets This freehold...
Governments in Asia are starting to explore the potential of working with private firms when developing domestic infrastructure. Such public-private partnerships, or PPPs, have been a mainstay in countries like Britain and the United States in the past decade. And it is starting to catch on in the region as governments look to cut costs on large scale projects like building roads and airports. Industry...