JTC Corporation (JTC) has launched the sale of a plot of industrial land at Loyang Way by public tender on Thursday. JTC said the site has a land area of 20,633 square metres, and is zoned for Business-2 development. This means the plot can be used for industry and warehouse purposes. The land parcel has a tenure of 30 years and gross plot ratio of 2.5. Developers have up to 84 months to complete...
real-estate
To provide developers and home-buyers with more choices for private housing, the Urban Redevelopment Authority (URA) and Housing & Development Board (HDB) will be releasing three residential sites for sale in March 2013 under the Government Land Sales Programme (GLS) for 1st half 2013 (1H2013). Together, these three sites can yield about 845 residential units. An executive condominium site at...
San Centre, a 12-storey office building located along Chin Swee Road, has been sold to CEL Property Investment for S$113 million. It is the first commercial collective sale site sold this year. The buyer is a subsidiary of mainboard-listed Chip Eng Seng Corporation. San Centre comprises 107 strata-titled office units and 80 carpark lots. It has a land area of about 28,700 square feet and was built in...
Kismis Lodge, a freehold residential development located at Lorong Kismis in Upper Bukit Timah, was successfully sold to Newfort Alliance (Cairnhill) Pte Ltd for S$84.8 million. The sale price translates to S$1,198 per square foot, or a gross sale price of about S$1.3 million each unit. Brokered by property consultants Jones Lang LaSalle, this is the third en bloc sale deal completed this year. "The...
Since additional property cooling measures kicked in this January, property agents and lawyers have reported a rise in 'decoupling' queries among joint home owners. The process allows one couple to own two properties, without having to pay the higher additional buyer's stamp duty (ABSD) of 7 per cent on a second property. Joint-owners of a property could be a couple, or a group of siblings - and more of...
The Pines club on Stevens Road is expected to make way soon for a new 735-room hotel housed in two eight-storey blocks, as well as a couple of two-storey commercial buildings, people familiar with the matter told TODAY, following the sale of the property to “shoebox apartment king” Ching Chiat Kwong of Oxley Holdings for S$318 million. A four-storey clubhouse with a basement will replace the existing...
Hillview Peak Condominium - located nearby lush greenery including the Bukit Timah Nature Reserve, Dairy Farm Nature Park, Hindhede Nature Parks and Bukit Batok Town Parks. It is a 5 mins walk to future Hillview MRT and is well connected to major expressways. Hillview Peak will be within walking distance to HillV2, a 2-Storey 55,000 sq ft lifestyle and retail mall. It will offer a unique retail mix of...
Bartley Ridge is located within the developed Serangoon residential estate, just 15 to 20 minutes drive away from central of Singapore with connections of major expressway – CTE, PIE and KPE. Residents can drive to their working area in a short period of time. Bartley Ridge is also just 5 minutes walking distance away from Bartley MRT Station. With the convenient of Bartley MRT Station, residents can...
Singapore's prime shopping belt Orchard Road is set to welcome a new mall, Orchard Gateway, around November this year. Its marketing agent Savills said 80 per cent of the retail space has already been pre-committed. And there will be a few new-to-market brands that will appeal to fashion-forward shoppers. The mixed-development straddles both sides of Orchard Road and has 172,000 square feet of net...
An industrial property at Enterprise Road in Jurong has been put for sale by tender. The asset consists a large single-storey factory - comprising warehouses, production and office areas. Exclusive agent for the deal Jones Lang LaSalle said the site has a built up area of about 62,500 square feet. It is located on a leasehold site of 109,164 square feet with a remaining term of 25 years. Meanwhile, the...