The housing saga at The Grangeford condominium continued on Friday. Landlord Ideal Accommodation told tenants they can stay till end-June, so that it does not have to return them their month's deposit. Those who have given more than a month's rent will get back the balance. There was also drama on Friday after some tenants went to Ideal's office demanding a staff accompany them back to The Grangeford to...
URA
Some 300 residents of troubled condominium The Grangeford said owner Cove Developments have no right to evict them since their rental leases were signed with another company. Ideal Accomodation had been contracted to rent out the apartments but Cove said that has since been terminated. The condominium came under the spotlight after the authorities found some 140 apartments converted into 600 units...
The Urban Redevelopment Authority (URA) has released the first sale site at Kallang Riverside for hotel development. The 0.74-hectares land parcel will be made available on the reserve list under the Government Land Sales Programme for the first half of 2009. URA said the plot has a permissible gross floor area of 20,917 square meters with a maximum building height of 16 storeys. The site will have a...
Mainboard-listed OKP Holdings has signed a S$3.4 million contract with Singapore's Urban Redevelopment Authority (URA) for environmental improvement works. The infrastructure and civil engineering firm says the first stage of works will begin on May 22 at Siglap Village and is expected to be completed in January next year. The second stage, covering works at Upper Serangoon Road and along the canal at...
Developers interested in purchasing a 2.5 hectare industrial development site at Woodlands can now apply to the Urban Redevelopment Authority (URA) for it to be put up for tender. The URA has released the detailed sale conditions for the reserve list site, which is bordered by Woodlands Avenue 4 and Woodlands Industrial Park E5. The 60-year lease site has a gross plot ratio of 2.5, with a maximum...
The landscape of Singapore will soon look quite different as new developments spring up in the city centre and in the heartlands over the next few years. Future skyline of Marina Bay - URA By 2011 for instance, residents of Jurong will have more opportunities to live by the waterfront. Southern coastal areas like the Labrador Park and Bukit Chermin will also be made more accessible to the public. These...
Developers interested in bidding for a 12,900 square foot or 0.12-hectare hotel site at Short Street can start putting in their tender. The Urban Redevelopment Authority (URA) launched an eight-week long public tender for the land parcel on Wednesday. This is after the urban planner received an application from a developer to bid for the government land site, which is located within the Bras Basah-Bugis...
The Urban Redevelopment Authority (URA) is putting up a 0.12 hectare hotel site at Short Street for tender. This, after it received an application from a developer to bid for the land parcel, which is located within the Bras Basah-Bugis district. URA says the site can generate a maximum gross floor area of 4,077 square metres and is ideal for boutique hotel development. It adds that the bid received...
7,100 units ready in next two years, buyers may face difficulties: Analysts JUST how vulnerable is Singapore's :souring economy to a wave of defaults from private home buyers who had made use of the popular Deferred Payment Scheme (DPS)? It's a question that continues to split analysts, even as the Urban Redevelopment Authority (URA) on Friday released, for the first time, data on private homes sold...
10,450 private homes sold under the Deferred Payment Scheme are still uncompleted as of end November. This is according to figures released by the Urban Redevelopment Authority for the first time. The report comes amid concerns that a large number of uncompleted homes bought under the scheme may be sold at distressed prices as the property market softens. 68 per cent of uncompleted homes sold under the...