Singapore's Balestier area is lining up to be the next hot spot to own a private property. The area, popularly known as the lighting centre of Singapore, has now taken a new facade with several new developments coming up. One of them is the new Zhongshan Park Integrated Development that was launched on Monday, which includes a mall, an office tower and two hotels. Analysts told Channel NewsAsia...
Balestier
Two redevelopment sites at Balestier Road and Pasir Panjang Road have been launched for sale by tender, according to exclusive marketing agent Knight Frank. The first site at 520 Balestier Road is a 1,971.3 sq m (around 21,219 sq ft) freehold plot zoned commercial and residential under the 2008 Master Plan. With a gross plot ratio of 3.0, it can offer a gross floor area (GFA) of 5,913.9 sq m (63,657 sq...
The historical Balestier area is going through a makeover, with swanky new residential projects and several hotels now seen lining its streets. It is also attracting high demand from young couples and professionals looking for a convenient city fringe property. Still, home prices in Balestier are not rising as fast as other city fringe areas, but analysts say this trend may change once government works...
The property collective sale market got an early boost with the year's first successful deal for the freehold three-storey industrial terrace factory building at No 6 Jalan Ampas, off Balestier Road. The three-storey strata-titled industrial factory building sits on a 27,838 sq ft land plot. Upon rezoning, the site may be redeveloped into a freehold high-rise residential development with a gross floor...
THE United Kingdom’s first offshore campus in Singapore has moved into its new $38-million premises. The Queen Margaret University (QMU) Asia Campus has been operating at its Balestier site since May 2. The enhanced facilities of the new, self-contained campus at Ah Hood Road will help the university to “widen and deepen” its undergraduate and postgraduate programmes, according to QMU Asia and its...