FOR the past 10 years, this once-lovely icon has languished in disuse. Seven years and $1.51 million spent on feasibility studies, maintenance and reinstatement works led only to the eventual conclusion that the historic Capitol Theatre was "not viable" as a performing arts centre. So, it comes as some surprise that - in releasing a 1.46-hectare land parcel at the junction of Stamford Road and North...
URA
Singapore's Urban Redevelopment Authority (URA) has put a 1.46-hectare site at Stamford Road/North Bridge Road for sale. It is available on the Reserve list of the Government Land Sales Programme for the second half of 2008. The land parcel occupies a prime location in the heart of the city, and is strategically situated along the commercial and mixed-use corridor at North Bridge Road. Retail, cultural...
Singapore's Urban Redevelopment Authority (URA) has gazetted its Master Plan 2008. It is a statutory land use plan that guides physical development of the country for the next 10 to 15 years. Some 200,000 people visited the exhibition of the Draft Master Plan 2008 over the past six months. And as part of public consultation process, the urban planners also reviewed 300 feedback received during the...
SINCE it first unveiled ambitious plans in April to transform sleepy Jurong over the next decade, the :Urban Redevelopment Authority (URA) has rolled out the area's first land parcel: A site for mixed development in the Jurong Lake District. The 1.9-hectare site, located beside the Jurong East train station, has a 99-year leasehold and a maximum gross floor area of about 1.15 million square feet (107,000...
A host of factors to overcome first before parcel can be used IT MAY boast a waterfront view overlooking the upcoming Sentosa integrated resort, but don’t expect much interest from developers for the latest hotel site at Bukit Chermin released by the Urban Redevelopment Authority (URA). That’s the view shared by property analysts Today spoke to yesterday. “Investor sentiment is very weak now, so...
AS THE slump in demand for state land continues, the Urban Redevelopment Authority (URA) opened applications yesterday for two sites on the reserve list. Prior to yesterday, only one out of the 20 sites on this year’s reserve list on which sites have to receive an acceptable bid to trigger the tender process had been sold. And analysts Today spoke to expect the latest land parcels at Dakota Crescent...
The Urban Redevelopment Authority (URA) is seeking public feedback on the proposed names for two iconic spaces at Marina Bay. The first is the landmark bridge which comprises two linkways for pedestrians and vehicles going to Marina Centre from the Bayfront area. Designed to resemble the double helix structure of a DNA, the proposed names for the 280-metre pedestrian crossing are "The Double Helix" and...
The Urban Redevelopment Authority rejected the only bid for a transitional office site at Mohamed Sultan Road. The offer price of about S$4.65 million for the site, or about S$502 per square metre of gross floor area, was considered too low. The approximately 6,000 square metre land parcel was offered for sale on a 15-year lease. Transitional office sites were released in response to the shortage of...
The Urban Redevelopment Authority has awarded the tender for an industrial site at Kallang Pudding Road to Orion-Four Development. Orion-Four submitted the sole bid of S$10.8 million for the site which has an area of 5,743.2 square metres. The site was launched for public tender on September 3 and the tender closed on October 7. It was offered for sale on a 60-year lease. Source : Channel NewsAsia - 10...
Private home prices in Singapore fell by 1.8 per cent in the third quarter, according to flash estimates released on Thursday by the Urban Redevelopment Authority. This is the first time the index of private residential properties has dipped in four years to 174.3 points in the third quarter, compared to second quarter's price index of 177.5 points, which was a 0.2 per cent increase over the previous...