Minority owners say NUS should not follow majority in en bloc sale IT HAS remained silent — and passive — in the protracted saga over the proposed sale of Gillman Heights (picture) to developer CapitaLand for $528 million. But now, the National University of Singapore (NUS) finds fingers pointing at it after the Strata Titles Board (STB) approved the deal on Friday. The biggest faction opposed to...
DEPENDING on which side you are on, it is a case of try and try again, or deja vu, as some residents will testify. Condominium en bloc sales have cooled, due in part to the new Land Titles (Strata) Act that came into force in October, but at least two large developments are getting back into the game. Bayshore Park, on Singapore’s East Coast, is in the process of forming a new sales committee after it...
According to the National Environment Agency (NEA), over 5,000 households have been penalised for breeding the Aedes mosquito at home this year. This is double the number in 2006. In the areas near East Coast Road, the high number of dengue infections seems to have affected property sales. Industry players have noticed that the number of people viewing showflats there has dropped by some 30...
Design Concept # The iconic architecture of the building is evolved from the idea of a glittering chandelier. The Lumos cradles a central column of sparkling glass “Living Pods”, designed to resemble the jewel like crystals of a chandelier. Units at either side of the “Living Pods” symbolize the crystal plate of the chandelier # Sky Gardens connecting each level (except on Duplexes, where they...
The number of new private homes sold in Singapore rose unexpectedly last month in a traditionally-quiet period, amid volatile market conditions. The Urban Redevelopment Authority (URA) said yesterday that 611 new units were sold last month, up from 590 in October. Developers launched 598 units last month - which is slightly lower than the 629 in October. “The market thought that November would be...
Asian students who traditionally looked to English-speaking Western countries for higher education are increasingly turning closer to home - to Singapore, educators say. Backed by a government-led initiative to capture a slice of the great paper chase in Asia, Singapore has managed to woo more than 16 of the world’s leading schools to set up campuses as part of the city-state’s “Global...
Three more properties have been put up for tender by the Singapore Land Authority (SLA) for office and other uses. One site at Queensway is the former Alexandra fire station, which includes the former Singapore Civil Defence Camp. The tender will open this month for the two-storey building, with tenancy renewable up to 2015. Another two-storey building is the office formerly occupied by the Civil...
Developers seeking to raise the plot ratios of properties will be subject to a new definition of the development baseline, used in the computation of the property development charge, from Jan 1. The amendment, announced in 2003, had been deferred to allow the industry to adjust to the change, the Urban Redevelopment Authority said yesterday. “Basically we want to have a more equitable tax system,”...
Located at Kitchener Link, it is just 2 minutes stroll walk to Farrer Park MRT. Shopping is also never so easy and convenient with a shopping mall over 700,000sqft right next door! If you wish to be close to nature, you can retreat to a beautiful park in the backyard. Add to that numerous pools and water features, a private bowling alley and a host of other facilities, you will discover City Square...
Amber Residences is made up of a single 21-storey block condominium. This exclusive development has a total of 114 luxurious apartments, of which, 54 are two bedroom units, 36 three bedroom units and 18 four bedroom units with sizes ranging from 1,163 to 2,217 sqft. There are also six penthouses made up of four-, five- and six-bedroom units. The size of each penthouse ranges from 4,133 to 6,717 sqft. The...