Revamp of Jurong East could translate into high resale prices for property there UNLIKE Jurong West, which boasts over 70,000 homes, Jurong East has always been viewed as a rather sleepy estate with just over 22,000 homes. Even neighbouring Bukit Batok and Clementi have over 32,000 and 24,000 homes respectively. Other than the Singapore Science Centre and Chinese Gardens, there was not much going for...
The National Development Ministry has said the location of temporary dormitories is limited by the available choices of vacant state buildings. It tries to avoid housing foreign workers in residential areas and seeks residents' understanding and support if some dormitories are located near their homes. The ministry said this in response to Channel NewsAsia's query after residents of Serangoon Gardens...
Foreign Minister George Yeo said the temporary dormitory proposal at Burghley Drive, where Serangoon Garden Technical School used to be located, is at a preliminary stage. Mr Yeo, who is also an Aljunied GRC MP, was speaking to Serangoon Garden residents at a dialogue on Wednesday. He said the residents' concerns are legitimate and he will pass their feedback to the Ministry of National Development and...
Where the present exudes a seamless flow of indomitable class, its sense of legend to its past is a continuum of prestige. While the transformation breathes new life and style, the Butterfly House still retains its most endearing expressions. This unique historical and architectural interest, designed by Regent Alfred John Bidwell with a "butterfly" style was an artistic innovation. Like his other...
Property developer CapitaLand is selling its Capital Tower Beijing office tower for US$352 million. It declined to name the buyer, except to say it is a Fortune 500 company, which is looking to set up a corporate headquarters in Beijing. CapitaLand intends to use the funds to reinvest in other opportunities in China. It will also recognise a gain of about US$115 million. The developer said it received...
Residents are used to the food-lovers who invade the area’s eateries on weekends. But of late, there’s been a buzz of consternation, and a petition, going around Serangoon Gardens - following rumours of intrusion of another kind. The talk, which surfaced last week, is about how an empty school compound in the middle of the private estate could be turned into a temporary dormitory to house 1,500...
Auction sales of properties in Singapore hit a record high in August at S$22.7 million, 37 per cent higher compared to a year ago. The increase was mainly due to the sale of four residential infill land sites by the Singapore Land Authority (SLA), despite taboos associated with property purchase during the Hungry Ghost month. The report by Collier's International said this confirms that investors are...
The construction sector has been a pillar of Singapore's economy over the past two years, supporting it with on-year growth of close to 20 per cent every quarter. But the sector's pace of growth has slowed from the 24 per cent rate seen in the fourth quarter of last year to below the 20 per cent mark for the first three months of 2008. Analysts said they expect the sector to continue slowing over the...
Mainboard-listed construction firm Chip Eng Seng has won a S$156 million contract to design and build residential units in Punggol West for the Housing and Development Board (HDB). The deal includes the construction of a car park and community facilities. Construction is expected to begin in April next year, pending HDB approval, and is estimated to take 30 months to complete. This is the third...
Residents of Serangoon Gardens are upset over news that a workers' dormitory may be built at Burghley Drive where Serangoon Garden Technical School used to be located. Residents' concerns include noise pollution, traffic congestion and the safety of residents – many of whom are retirees. Over 500 people have signed a petition against the construction, with the intention of presenting it to their MPs at...