Balestier Road land parcel launched for sale

A hotel site at Balestier Road has been launched for sale. The 1.77-hectare plot is one of two hotel sites on the Confirmed List of the Government Land Sales Programme for the first half of this year.But for the first time, the government has made developing a park a requirement as part of the tender. Balestier Road is buzzing with activity. And adding to it will be a new contemporary hotel which draws...

A revolutionary idea – a hotel in a park

Balestier Road site will face Sun Yat Sen Memorial Hall IMAGINE a hotel development in the midst of a public park. Better still, one that blends in with the area’s heritage. That could soon be a reality following the Urban Redevelopment Authority’s (URA) launch of a land parcel for sale by tender off Balestier Road. The site, located across the Sun Yat Sen Nanyang Memorial Hall, will be nestled in...

Mapletree buys industrial property from First Engineering Plastics

Mapletree Industrial Fund has bought an industrial property from First Engineering Plastics for nearly S$22 million. The property comprises three buildings with a gross floor area of 14,387 square metres. The land, which spans more than 10,000 square metres, is located in the established Woodlands East Industrial Estate. First Engineering Plastics will lease back the premises following the sale. The...

F1 trackside hotels see good demand for rooms

Hotel rooms that provide a good view of Singapore's first Formula One Grand Prix race in September are being snapped up, including those that cost more than S$13,000 a night. Most hotels that line the track said business is good. With six more months to go before the big event, some have already had confirmed bookings for 50 to 95 percent of the rooms. From the 26th floor of Fairmont Hotel, one gets to see...

Jade Spring over-subscribed by almost five times

Jade Spring, the second batch of Built-To-Order flats in Yishun, is over-subscribed by almost five times. Homebuyers, who are considering the housing project, have until Monday midnight to file their forms. The project offers 576 units of two-, three- and four-room flats. Launched on 18 March this year, the project received 241 applications on its first day. The overwhelming response prompted the...

Different families, different needs

Instead of ballots, cater to individual applicants I REFER to the letter “Oh, that elusive HDB flat” (March 28). I emphathise with Samuel Lee and his frustration about the balloting system. My family (myself, my husband and two children) is in urgent need of a flat. As such, I was advised by the Housing and Development Board (HDB) to join in the bi-monthly ballots where no priorities are given. I...

Versilia on Haig

Versilia, a 128 freehold exquisitely designed condominium units in two 19-storey blocks present the perfect backdrop for unparalleled luxury. Artfully design with eclective touches . The modern architecture takes best advantages of surrounding views. Whilst higher floor units bask with unobstructed sea vistas, units on the lower floors can revel in soothing seceneries of an environmental deck with...

US recession may cause Singapore’s GDP growth to drop to 3%

The market generally expects Singapore's economy to grow by 5.5 percent this year. But economists at Nanyang Technological University (NTU) said if the United States goes into a recession, there is a 50 percent chance that Singapore's GDP growth may drop to as low as 3 percent. Generally, consumer demand is expected to slow down this year, whether or not the US goes into a recession. Choy Keen Meng,...

Hotel room rates set to hit record high during F1 race

Hotel room rates are set to hit an all-time high when the Formula One Grand Prix comes roaring into Singapore this September. Visitors can expect to pay nearly 100 percent more, even if they are staying at a mid-range hotel. Over 90,000 die-hard fans are expected to catch Singapore's first Formula One Grand Prix from the race ground. But as the speed demons burn up the asphalt, the accommodation may...

20k grant for singles who live with parents

Impact minimal as increase is small: Housing agents Starting next month, single Singaporeans aged 35 and above looking to buy Housing and Development Board (HDB) resale flats to live with their parents may apply for a higher Central Provident Fund (CPF) housing grant of $20,000. While this is up from the current $11,000 for singles who live alone, property agents TODAY spoke to said the impact would be...

Compare listings

Compare