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...
Urban Redevelopment Authority
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...
The Urban Redevelopment Authority (URA) has closed the public tender for an industrial site at Ubi Avenue 4. The URA had received a successful application for the site to be put up for sale in August and it was launched for public tender on Sept 3. It has a site area of 11,491.5 square metres and a maximum permissible gross plot ratio of 2.5. The site was offered for sale on a 60-year lease and received...
The Urban Redevelopment Authority (URA) is reviewing guidelines for restaurants and pubs located in private shophouses near residential areas. It is asking for public feedback on whether entertainment activities should be freely allowed at those premises. For the past 20 years, Lai Fak Nian, managing director of Plum Village Restaurant, has been thinking of various ways to entertain customers and spur...