Novelty Bizcentre is a fully integrated one-stop centre that caters to every business and lifestyle need. A mix of wellness facilities adorning your workplace provides work-life balance, and promotes long-term productivity and ease of employment. Vast business, factory and warehouse units with ample space are conveniently available. En-suite washroom in every unit provides hygienic working condition and...
Singapore Industrial
A freehold industrial site on Alexandra Road has been put up for sale. Colliers International, the marketing agent, did not give an indicative price as there has been no recent industrial site sales in that area. However, Colliers did say an HDB leasehold site located at the nearby Kung Chong Road was sold for more than S$20 million this month. The Alexandra Road site is a four-storey industrial...
The Urban Redevelopment Authority (URA) said it has closed the tender for an industrial site at Woodlands Avenue 12. The site was launched for public tender on August 15, 2011. It was originally on the Reserve List of the Government Industrial Land Sales Programme. URA had, on July 29, accepted a successful application for the sale of the site, offered on a 60-year lease. Four bids were received, the...
Rental prospects for the industrial property market in Singapore are the strongest in the Asia Pacific region, according to a report by DTZ Research. The real estate advisory company said prime industrial rental growth between 2011 and 2015 is forecast at about 5 per cent for Singapore. DTZ noted that industrial rents were already up 5 per cent in the first half of 2011 compared to the previous year. It...
The Urban Redevelopment Authority (URA) has launched the industrial site at Kaki Bukit Road 4 for sale by public tender today. This is one of the three industrial sites to be released for sale under the Confirmed List of the 2nd half 2011 Industrial Government Land Sales Programme, as announced by the Ministry of Trade and Industry on 30 June 2011. The other two industrial sites namely, at Lavender Street...
The Urban Redevelopment Authority (URA) has launched an industrial site at Woodlands Avenue 12 for sale by public tender. The land parcel was made available for sale through the Reserve List system on 24 March 2011. The tender was triggered because URA received an application from a developer at a price of at least S$56.15 million for the land parcel on a 60-year lease. The 1.9-hectare site has a...
Mickey Mouse homes - or homes below 500 square feet in area - are not new. But the trend of smaller format units has caught on in the industrial and retail sectors as well. Known as strata units, they are deliberately kept small to be affordable to retail investors. Strata shops are usually no larger than 300 square feet, which is a fifth of the size of an average retail store such as Starbucks. A 300...
The Urban Redevelopment Authority (URA) is launching an industrial site at Woodlands Avenue 12 for sale by public tender in two weeks' time. The land parcel was made available for sale through the Reserve List system on 24 March 2011. The tender was triggered because URA has received an application from a developer at a price of at least S$56.15 million for the land parcel on a 60-year lease. The...
The Urban Redevelopment Authority has awarded the tender for the industrial site at Pioneer Road North and Soon Lee Street to KNG Properties. The company has submitted the highest bid of over S$64.4 million. That translates to about S$1,890 per square foot per plot ratio. The tender for the industrial site was launched on June 16, and closed on July 13. The land parcel was offered for sale on a 30-year...
Property consultant Colliers International has released research reports covering industrial, investment sales, office and retail space in Singapore for the second quarter of the year. In the industrial property market, the second quarter saw a pick-up after a temporary lull in the first quarter. Colliers added that both the sales and leasing markets experienced a flurry of activity. The average monthly...