A residential land site at Jurong West Street 41 attracted nine bids, at the close of tender on Tuesday (Mar 10). MCL Land (Vantage) submitted the top bid of S$338.12 million for the 17,803.5-square-metre 99-year leasehold site. This translates to S$6,782.71 per square metre of the gross floor area (GFA). CBRE Research Head Desmond Sim said the number of bids received is "testament to the confidence of...
Jurong West
A residential land site at Jurong West Street 41 attracted 12 bids at the close of tender by the Urban Redevelopment Authority (URA) on Tuesday. Property consultants said the high number of bids reflects the keen interest from developers. It also shows that developers' outlook on the property market has not been dampened by the recent property cooling measure announced earlier this month. Joseph Tan,...
A S$200 million logistics hub broke ground at Jurong West on Friday. Named Supply Chain City, the facility is the brainchild of logistics firm YCH. Apart from serving as its headquarters, the facility will also cater to other companies needing logistics space. YCH is transforming a 6.5-hectare area in western Singapore to build its new home come 2014. It will house a five-storey warehouse, a...
Jurong West now has an integrated learning, social and recreational hub. The Frontier Community Place officially opened on Sunday, with Minister for Trade and Industry and Member of Parliament (MP) for West Coast GRC, Lim Hng Kiang, as the guest of honour. The hub houses the Frontier Community Club, Jurong West Public Library and Jurong Medical Centre. Host MP and Adviser to Pioneer Grassroots...
The Housing and Development Board (HDB) of Singapore has launched the sale of 992 flats under its Balloting Exercise on Friday. They include surplus flats available from the Selective En Bloc Redevelopment Scheme (SERS) in Ang Mo Kio, Kallang, Whampoa, Queenstown and Jurong West, as well as remaining units at The Pinnacle@Duxton. HDB said on Friday the units offered are of different types and designs...
The Housing and Development Board is releasing two parcels of land for condominium housing under the Reserve List of the Government Land Sales programme.One of them, at Jurong West Street 42, is for executive condominium housing, while the other at Chestnut Avenue is for private apartments. Among the two sites, the one at Chestnut Avenue is expected to get more attention from developers. Analysts said this...