The green building movement in Singapore has gained momentum and the Building and Construction Authority (BCA) hopes to spur it further by enhancing its Green Mark Incentive Scheme. At the BCA awards ceremony on Thursday, City Developments was named Singapore's first Green Mark Champion. This new award is given to developers and building owners who have at least ten projects that have attained the BCA...
General
The Housing & Development Board (HDB) has revised the application process for its Build-to-Order (BTO) and Balloting Exercise (BE) modes of sale to address recent increases in non-selection of new HDB flats. The changes will take effect from the May 2008 BTO exercise. Under the revision, first-timer applicants who reject two chances to select a flat will have their first-timer priorities removed for a...
CapitaMall Trust (CMT) has bought The Atrium@Orchard office development for about S$840 million. CMT said the purchase from the Singapore Land Authority (SLA) will be funded by a mix of debt and convertible bonds. Describing the acquisition as yield-accretive, the Trust plans to issue at least S$650 million worth of bonds. The Atrium@Orchard is a commercial development comprising two Grade A office...
SOON, when someone claims there is nothing to do in Singapore, you can tell him to go fly a kite. Or cycle around the island, literally. Alternatively, he can relax amid the rustic charms of Changi on a spa treatment table, soak up the carnival atmosphere at night festivals down by the Singapore River and Bras Basah area, or take in a theatre performance at the nearest community centre. Apart from a more...
FROM pebbles to a pond to a waterfall — one could be forgiven for thinking that one has strayed into a mini-forest smack in the bustling Orchard area. Except that these natural elements are part of the interior landscape of a three-storey terrace house near Mt Elizabeth Hospital. The house eco-friendly design by Chang Architects, which cost $390,000, so impressed a panel of judges that it took home the...
In the near future, one will be able to stroll, jog or cycle around the whole of Singapore just by following an extensive route. The Urban Redevelopment Authority (URA) is developing a 150-kilometre round-island path as part of its Leisure Plan. Overview of Gardens by the Bay site National Development Minister Mah Bow Tan revealed details of new recreational options at the Architectural Design Awards...
The Urban Redevelopment Authority (URA) has said it did not receive any bids for the hotel site at Race Course Road/Bukit Timah Road when the tender closed at noon on Wednesday. URA added that it will announce its plans for the site after a decision has been made. URA launched the hotel site for sale by public tender in February this year. It was one of the two hotel sites to be sold through the...
The government will spend about S$30 million to develop key features of the new Punggol Waterfront Town. Most of that amount - S$25 million - will go towards the man-made Punggol Waterway, which will be constructed next year. The waterway will be the focal point of activities, according to plans by the Housing and Development Board (HDB). Professional planners have been invited to submit designs and...
Some popular international brands will come to Singapore by the end of 2009 when 313@Somerset opens its doors to shoppers for the first time. The new mall opposite Centrepoint is being developed by Australia's Lend Lease, which had put in a record bid for the site. Now, six months into its leasing campaign, Lend Lease said that interest from both local and foreign retailers has been overwhelming. Work is...
Mainboard-listed Banyan Tree Holdings has signed a management contract for an Angsana Resort & Spa in the island of Saint Lucia in the Caribbean. Banyan Tree said the Angsana Resort & Spa Saint Lucia is the group's fourth foray into the Caribbean. Angsana Saint Lucia is an integrated resort project that will comprise a full scale resort with related facilities and amenities including a marina and...