According to analysts, thousands of homes are in the pipeline over the next few years, as prime sites not far from the city will be launched, including the Dempsey area and former Bukit Timah Turf Club, as well as Old School at Mount Sophia, Tanglin Village and Caldecott Hill.

Meanwhile, the government has announced that infrastructure works at Bidadari, which includes roads and sewers, will start at the end of the year.

Located near Potong Pasir, Bidadari is expected to yield around 12,000 public and private homes in the next ten years.

According to a spokesman for the Ministry of National Development (MND), the first Build-to-Order (BTO) flats may be launched as early as 2015, depending on demand. As a result, public flats could be completed by around 2018, noted consultants.

The decision to develop Bidadari is part of a twin approach that aims to address the strong housing demand and intensively use land in existing estates.

Consultants are optimistic that interest for homes in Bidadari will be strong, given its proximity to the city centre. In fact, Bidadari is compared to Bishan, which was also a former cemetery but has now become one of the most popular HDB estates.

In addition, Bidadari is close to two MRT stations, Bartley on the Circle Line and Woodleigh on the North-east Line.

Source : PropertyGuru –  30 May 2012

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FOR those who can’t get enough of the chic hangout places at Dempsey Hill, the good news is, more units and land have been released for development.

The Singapore Land Authority (SLA) has released a 20,146.9 sq m plot of land with a gross floor area of 7,502.8 sq m on the hill, made up of several blocks of old British army buildings, to add to the existing nest of restaurants, bars, gourmet grocers and shops that have drawn crowds despite its less-than-accessible location.

The land, part of what is known as Tanglin Village, has been awarded to property investor Country City Investment, which beat 13 other bidders with a monthly rental quote of $378,300.

Upgrading will be carried out to ease traffic congestion and boost visitorship, including improvements like brighter pathways and roads, new road signs and more free parking lots.

General manager Nicholas Ng said Country City aims to “add to the already vibrant urban sanctuary for businesses and Singaporeans, expatriates and foreigners to wine and dine among lush greenery, retail lifestyle and services, and education services”.

An SLA spokeswoman said approved uses of the new plot of land include food and beverage outlets, a dance, drama, arts or music school, a spa, a childcare centre and retail shops.

The tenancy is for an initial term of three years and can be renewed until 2017.

“We hope the wide range of approved uses will further enhance the vibrancy of Tanglin Village,” she said.

The new area will be completed by the first half of next year.

Country City said it was too early to comment on the expected development costs as “we are still in planning stages”.

The firm is looking for new tenants, and a spokesperson added: “Priority will be given to existing tenants and new tenants will be carefully selected to be part of Dempsey Hill and its new concept establishments.”

Source : Today – 19 Dec 2008

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The Singapore Land Authority (SLA) has awarded the tender to redevelop parts of Tanglin Village to property investment firm Country City Investment.

The project will cover 20,147 square metres of land with a gross floor area of 7,503 square metres.

The new land plots will complement the present area known as Dempsey Hill.

Nine blocks along Dempsey Road – Blocks 13, 13A, 14A, 14C, 14D, 14E, 15, 16, and 26 – which currently have more than 20 tenants, will be redeveloped.

The redevelopment of the cluster of old British army buildings is targeted for completion by the first half of 2009.

General manager of Country City Investment Pte Ltd, Nicholas Ng, said: “We are thrilled to be awarded this new tender so that we can expand our footprint and further extend the area of Dempsey Hill.

“We will not only be offering competitive rental prices to new and current tenants, but will support all of them with various marketing activities to assist them, especially during this financial climate.”

Source : Channel NewsAsia – 18 Dec 2008

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