Singapore’s water agency, PUB, has formed an ABC Waters Review Panel to help developers incorporate water bodies into their projects. It was set up late last year together with the Urban Redevelopment Authority (URA) and the Law Ministry. The panel also has several high-profile local architects as members. Environment and Water Resources Minister, Dr Yaacob Ibrahim, revealed this at the launch of the...
Give in to the seduction of tropical elegance that awaits at Tierra Vue, a 5-storey development comprising 129 freehold residences nestled within verdant environs. Be enthralled by its modern linear facade, where louvered sunscreens and expansive balconies ease the penetration of the western sun whilst letting natural light and air into the apartments. Blurring the boundary between the indoors and...
National Development Minister Mah Bow Tan has said there is no shortage of housing in Singapore. He said, "Based on all the BTO (Build-To-Order) projects that we've had so far, (for) all of the projects, all of the developments for the last year - except one - there've always been flats left over, even after everybody in the queue has been offered." Mah Bow Tan (file pic)But some home buyers often...
Suburb to become commercial, leisure lakeside heaven DUSTY. Industrial. Out of the way. Such words may spring to your mind when asked about Jurong. But come 2020, the home of the Bird Park and the Science Centre will evoke a whole new vocabulary. Try on for size: Lakeside haven. Billion-dollar business buzz. Holiday hub. This will be the new Jurong Lake District, after it undergoes an...
The government's plans for the Jurong Lake District have been widely well-received by market watchers. They noted that it is important to re-brand Jurong away from its industrial estate image to a more vibrant one. However, on the other hand, there are concerns that the government may be moving too fast for the market. Some analysts said the proposed 10- to 15-year time frame may be a little tight,...
The strategic review of Macquarie MEAG Prime REIT or MMP REIT is still ongoing. This is according to a filing with the SGX on Friday. It said that key shareholder Macquarie Real Estate continues to support the review. In February, Macquarie Pacific Star, the manager of MMMP REIT, announced that it was conducting a strategic review to maximise value for its unitholders. This was after unsolicited offers...
Inflation may not yet have peaked, warns Finance Minister Singapore’s inflation rate, already at a 26-year high, may not have peaked and policy-makers must be ready to respond to unexpected economic developments, Finance Minister Tharman Shanmugaratnam said on Friday “It’s too early to say that inflation has peaked,” Mr Shanmugaratnam told reporters at a meeting of finance ministers from the...
Orchard Road is set to undergo a facelift on 28 April. The revamp is expected to be completed next February. The S$40 million makeover will include state-of-the-art lighting to highlight Orchard Road's tree-lined boulevard, new creative spaces for events and a new pedestrian mall. Key events such as the annual Great Singapore Sale and Christmas In The Tropics will continue to be held in Orchard...
Jurong is set to be home to the largest commercial hub outside the city centre. The Jurong Lake District – made up of two precincts, Jurong Gateway and Lakeside – will offer a potential development area of 360 hectares or about the size of Marina Bay. National Development Minister Mah Bow Tan announced this when he unveiled part of the government's ‘Draft Master Plan Review 2008’. The blueprint...
Heralding the dawn of a new era of sheer sophistication is Parc Centennial, a freehold development location at prestigious District 9. Mere minutes from Newton and Novena MRT Station, every urban convenience possibly desired by working professionals and the family-oriented alike, are accessibly located at your doorstep. Whether it is close proximity to prestigious institutions like the Ango Chinese...