A PILOT project could see more privately-built and run markets and food centres in the heartlands, with Sengkang residents being the first to benefit. The latter can look forward to a new market and food centre come 2010. The Housing and Development Board (HDB) has launched a tender for a market and food centre development at Sengkang Square/Sengkang East Road. :This will be a standalone,...
Land Sales
FOR the past 10 years, this once-lovely icon has languished in disuse. Seven years and $1.51 million spent on feasibility studies, maintenance and reinstatement works led only to the eventual conclusion that the historic Capitol Theatre was "not viable" as a performing arts centre. So, it comes as some surprise that - in releasing a 1.46-hectare land parcel at the junction of Stamford Road and North...
Singapore's Urban Redevelopment Authority (URA) has put a 1.46-hectare site at Stamford Road/North Bridge Road for sale. It is available on the Reserve list of the Government Land Sales Programme for the second half of 2008. The land parcel occupies a prime location in the heart of the city, and is strategically situated along the commercial and mixed-use corridor at North Bridge Road. Retail, cultural...
THE Government has moved to apply the brakes on the industrial land sales programme. Following the move to curb supply of land for private homes and commercial space, the Ministry of Trade and Industry (MTI) said it would move the remaining site - at Tampines Industrial Ave 4 - on the confirmed list for this year to the reserve list, and suspend its confirmed list of sites for sale in the first half of...
Singapore's Trade and Industry Ministry (MTI) announced on Wednesday that it is suspending the Confirmed List for the Industrial Government Land Sales (GLS) Programme. This is due to what it calls "significant and dynamic changes in global economic conditions". MTI said in view of the current uncertainties, the site at Tampines Industrial Avenue 4 will be moved from the Confirmed List to the Reserve List...
IT IS a “prudent” move to let the market catch its breath and adjust, say analysts. And in any case, the sites that will remain available for sale after the Government moved yesterday to further curb the supply of land for private homes and commercial space would probably get few takes. The Ministry of National Development (MND) announced it will not release any private residential sites outside...
The Singapore government will not be adding any new sites to its land sale programme for the first half of next year. The National Development Ministry (MND) says this is because the global economic outlook remains weak in 2009. This is expected to have an impact on Singapore's economy and property market. MND released its list of land parcels available for sale in the first half of next year on...
The demand for land to build schools has remained healthy, with seven bids received for a piece of land at Upper Bukit Timah. The Singapore Land Authority (SLA) said that of the seven bids for the former Seh Chuan High School, four were fairly strong bids above the guide rent of S$73,100 per month. The highest bid was from Dimensions Commercial School Pte Ltd, and some of the other bidders were existing...
SINCE it first unveiled ambitious plans in April to transform sleepy Jurong over the next decade, the :Urban Redevelopment Authority (URA) has rolled out the area's first land parcel: A site for mixed development in the Jurong Lake District. The 1.9-hectare site, located beside the Jurong East train station, has a 99-year leasehold and a maximum gross floor area of about 1.15 million square feet (107,000...
A host of factors to overcome first before parcel can be used IT MAY boast a waterfront view overlooking the upcoming Sentosa integrated resort, but don’t expect much interest from developers for the latest hotel site at Bukit Chermin released by the Urban Redevelopment Authority (URA). That’s the view shared by property analysts Today spoke to yesterday. “Investor sentiment is very weak now, so...