Capitol Centre at Stamford Road may be demolished to make way for a new hotel to meet demand for hotel rooms. The location is one of eight confirmed sites that have been released for sale, under the Government's Land Sales programme. The Ministry of National Development also announced on Thursday that it will release enough land to potentially build nearly 8,000 private residential units, in the second...
URA
The Urban Redevelopment Authority has launched a residential site at Tampines Avenue 1/Avenue 10 for sale by public tender. The land parcel is one of four new residential sites to be offered for sale as a confirmed site under the Government Land Sales Programme for the first half of this year. The 99-year leasehold site spans about 3.2 hectares. It will have a maximum permissible gross floor area of...
The Urban Redevelopment Authority (URA) has launched an industrial site at Woodlands Industrial Park E5 for sale by public tender. The site has an area of 1.68 ha and is zoned for a Business 2 development. The tender for the site will close at noon on July 22. The URA also released the detailed sales conditions for a reserve list site at Kallang Pudding Road for industrial development. The 0.57 ha site...
The Urban Redevelopment Authority (URA) has closed the tender for a 53,200-square metre residential site at Choa Chu Kang Drive. The highest offer for the site was for S$116 million, which translates to S$203 per square foot. The offer was submitted by Tian Hock Properties. Li Hiaw Ho, executive director of CBRE Research said given the top bid of S$203 per square foot and an estimated breakeven cost of...
Kallang and Paya Lebar will be developed into new commercial hubs, just like the Jurong Lake District. This is part of the government's Draft Master Plan, which charts land use over the next 10 to 15 years. Marina Bay and the city centre will continue to be the key commercial node in Singapore. New growth areas like Tanjong Pagar, Beach Road and the Ophir-Rochor corridor will also be developed. However,...
SOON, when someone claims there is nothing to do in Singapore, you can tell him to go fly a kite. Or cycle around the island, literally. Alternatively, he can relax amid the rustic charms of Changi on a spa treatment table, soak up the carnival atmosphere at night festivals down by the Singapore River and Bras Basah area, or take in a theatre performance at the nearest community centre. Apart from a more...
In the near future, one will be able to stroll, jog or cycle around the whole of Singapore just by following an extensive route. The Urban Redevelopment Authority (URA) is developing a 150-kilometre round-island path as part of its Leisure Plan. Overview of Gardens by the Bay site National Development Minister Mah Bow Tan revealed details of new recreational options at the Architectural Design Awards...
The Urban Redevelopment Authority (URA) has said it did not receive any bids for the hotel site at Race Course Road/Bukit Timah Road when the tender closed at noon on Wednesday. URA added that it will announce its plans for the site after a decision has been made. URA launched the hotel site for sale by public tender in February this year. It was one of the two hotel sites to be sold through the...
In just three years, Singaporeans will be able to enjoy a new attraction in the southern part of Singapore as the Urban Redevelopment Authority (URA) plans to develop the area around Alexandra and Labrador Park into a recreational and leisure hub. Berlayer Creek is a place where you can find mangrove swamps and exotic birds. But not many people are aware of the natural treasures available there. With few...
The Urban Redevelopment Authority (URA) has launched a residential site at Woodleigh Close for sale by public tender. At 1.08 hectare, market watchers said about 260-290 apartment units can be built on the plot of land, which is located near to the Potong Pasir MRT station. A new 99-year leasehold project in the location is expected to fetch prices of around S$800 psf. This will translate to a possible...