Companies looking for more affordable office rental may just see their wish come true. The Singapore Land Authority (SLA) has released three more state properties into the market for dedicated office use. These include a former Government building, a former tertiary institution and a community centre. All three properties will come with a tenancy for an initial term of three years and are renewable for...

The Leonie Hill area looks set for major changes. Two properties in the area are looking to go en bloc. On Monday, CB Richard Ellis launched an Expression of Interest (EOI) to find a developer for Grangeford Apartments along Grange Road. A day later, Knight Frank put up the nearby Rivershire for sale, also by EOI. Under the Master Plan 2003, any project in the Leonie Hill area is subject to a 36-storey...

The Government plans to award an estimated $3.2 billion worth of projects over the next 12 months, the Ministry of Finance said on Friday. The figure, which is the lowest in three years, is less than half of last year’s $7.5 billion and about a-third less than the $4.7 billion projected in 2005. Today understands that the latest estimate is culled from the various public-sector agencies’ projections...

With the current trend of old office buildings being sold for redevelopment, an estimated 1.73 million square feet of space might be taken out of the Central Business District (CBD) supply by the end of this year. This will likely drive up office rentals and the capital values of those buildings, analysts said. At the 33-year-old Ocean Building owned by Keppel Land, about half of the tenants have already...

The ONLY FREEHOLD Waterfront Living at Greater Marina Bay The Riverine by the Park, with its vantage point from Kallang Basin, will command an exhilarating view of the changing cityscape. An irresistible picture perfect vista of glistening waters bounded by palm trees with the city skyscrapers towering in the distance that changes as we move closer to the future. The interplay of lights and sounds will...

In recent months, no three words have polarised people and emotions so sharply and stirred up such an impassioned outcry. No, I am not referring to “ministerial pay hike” but “en bloc sales”, which similarly pits pragmatism against emotional logic. In fact, the latter cuts even closer to the bone for those who are affected, including getting booted out of their own homes. Stripped to its essence,...

A family that has refused to move out of a 39-unit condominium, sold en bloc in 2005 to property developer Sim Lian Group, may soon face legal action. Mr Francis Goh, who is the director of Central Chambers Law Corporation, the law firm hired by Sim Lian Group, said that court papers were formally lodged in the High Court yesterday. This comes just over a week after the Gan family called the MediaCorp...

Your future home is likely to be constructed with less concrete as the Government seeks to step up the use of alternative and sustainable materials such as steel, glass and aluminium. The aim is to reduce the use of concrete as a key construction material by 30 to 50 per cent over the next five years, through a Sustainable Construction Master Plan laid out by the Building and Construction Authority...

The Singapore property market is showing signs of being on a strong up-cycle and, as during the boom of the 1990s, this is luring companies, whose core businesses are not in property, to try their luck at residential development to boost their profits.Companies in publishing, jewellers and even booksellers have all recently got into the act. But property consultants say there is room for such niche...

Ever wanted a spot of green living — complete with a view from the top? That may soon be a reality if early impressions from the Koh Brothers and Heeton Land project are anything to go by. The two companies recently revealed the name and concept of their new freehold luxury development on Leonie Hill — The Lumos. “With our complementary strengths and the good level of understanding we have...