Sturdee Residences at Beatty Road

Located just a short drive away from the heart of the city, residents of Sturdee Residences will enjoy great access to the central prime districts such as Orchard Road, Singapore’s shopping paradise and the Central Business District such as Shenton Way. The Farrer Park MRT station is also a short leisure walk away, and it takes only 2 to 4 stations away to reach the city area such as Dhoby Ghaut, Raffles...

CDL heading to Indonesia to promote Gramercy Park

CITY Developments Limited (CDL) is holding roadshows in Jakarta this weekend for its freehold condominium project Gramercy Park in Singapore's District 10, followed by Surabaya the following weekend. This is part of a marketing effort to raise awareness of the project, which will be launched soon, in regional markets including China and Hong Kong. CDL has appointed DTZ, Huttons, Savills and Luxury Real...

Adelson thinking about selling MBS retail assets next year

Gambling tycoon Sheldon Adelson, whose Las Vegas Sands Corp. owns the landmark Marina Bay Sands, said he's considering selling the casino resort's retail assets after a government-imposed moratorium expires next year. The company has spoken with potential buyers, Chairman Mr Adelson said in a conference call after Las Vegas-based Sands announced first-quarter results Wednesday. "We have been...

Q1 deals may signal market for Good Class Bungalows looking up

THE Good Class Bungalow (GCB) market may be headed for a pick-up in transaction volumes this year, if the results for the first quarter are anything to go by. A mix of lower price expectations by owners and pent-up demand for the limited-supply, prestigious landed housing form has helped to narrow the price gap. The result is that more deals were sealed in Q1 than in the previous quarter and in the...

Architects also hurting from real estate woes

THE real estate downturn has filtered down to architecture and engineering services firms, which were hit by surging redundancies last year - and industry players warn that the situation could worsen this year. It has been the larger architecture firms where rumours of retrenchment are most rife, though no firm has been willing to confirm this. Last year's official jobs data is telling. Based on the...

Highline Residences

Indulge in the unmistakable appeal of this quaint and trendy estate located at the fringe of the city. Heralded as one of the “Top 10 Urban Markets to Watch” and “15 Coolest Neighborhoods in the World”, Highline Residences is designed by award-winning architect, Mok Wei Wei, of W Architects. Experience urban living with the myriad of facilities spanning various levels. On Level 1, the open lawn...

Makeshift patching will not fix defects of S’pore’s housing market

THE first part of this article ("Singapore property may be heading for long-term drop in value", BT, April 20) touched on three of the six "defects" in our property market that might lead to a long-term decline in property values. The first three points are: the issue of demand being exhausted with the last six years of massive supply; the Additional Buyer Stamp Duty; and the Total Debt Service Ratio...

Give citizens a sense of ownership in city planning: SMU Provost

Asia is in the middle of its steepest growth and it is crucial for city leaders to start fully involving their citizens in the early stages of development, said panellists on Channel NewsAsia’s Perspectives discussion panel. Professor Lily Kong, Provost of the Singapore Management University (SMU), for one, said city leaders should take time to sit down with citizens. Leaders need to understand what...

Singapore private home sales up 178% in March

Sales of private homes last month more than doubled in March, rising by 178 per cent from the previous month as developers launched more units. Excluding executive condominiums (ECs), developers sold 843 new units in March, up from the 303 units sold the previous month, data from the Urban Redevelopment Authority showed on Friday (Apr 15). Including ECs, 1,328 new units were sold last month, up from 433...

Therapeutic gardens to support dementia, post-stroke patients in the works: MND

There will be an upcoming network of therapeutic gardens, featuring contemplative spaces and activity zones, to support dementia and post-stroke patients, said Senior Minister of State for National Development Desmond Lee on Monday (Apr 11). Speaking at his ministry's Committee of Supply debate, Mr Lee said greenery will be used as therapy, especially for seniors. He cited a study conducted by...

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