SINGAPORE – Land supply for private housing has been bumped up for the first half of 2024, and will include a pilot site for long-stay serviced apartments in one-north as well as the first private housing site in Bayshore precinct. In all, the 10 sites on the confirmed list and nine sites on the reserve[…]
SINGAPORE – Two leasehold sites in Upper Thomson Road and Zion Road have been launched to pilot a new class of long-stay serviced apartments – which come with a three-month minimum stay period – in a bid to meet rising private housing rental demand. Zion Road Parcel A and Upper Thomson Road Parcel A, which[…]
SINGAPORE – Raffles Town Club will have to vacate its premises in Plymouth Avenue when its lease ends on Oct 17, 2026, with the site slated for future residential development. In a statement on Nov 20, the Singapore Land Authority (SLA) and Urban Redevelopment Authority (URA) said the redevelopment of the site near Stevens MRT[…]
SINGAPORE – Two Government Land Sales (GLS) sites in Holland Drive and De Souza Avenue in Upper Bukit Timah have been released under the reserve list of the GLS for the second half of 2023. But many analysts see little chance of developers biting any time soon. Reserve-list sites are made available for application, and[…]
SINGAPORE – The tenders for three state-owned plots that closed on Tuesday saw fewer developers bidding in the face of higher interest rates and heightened economic and geopolitical tensions, but two private housing sites drew top bids that were above market expectations. The sites at Lorong 1 Toa Payoh and Pine Grove Parcel B attracted just three bids[…]
SINGAPORE – For the first time in more than 40 years, Housing Board flats will be built on Pearl’s Hill in Chinatown as part of efforts to provide a mix of housing options in central locations. About 6,000 public and private homes, including Build-to-Order (BTO) and rental flats, will be progressively developed on the hill[…]
SINGAPORE – An indirect wholly owned subsidiary of Genting Singapore has received provisional permission from the Urban Redevelopment Authority (URA) to develop 21,243 sq m in gross floor area (GFA) into retail space, and 700 hotel rooms at Resorts World Sentosa (RWS). The retail space works out to 228,658 sq ft. The above scheme is[…]
SINGAPORE – The Urban Redevelopment Authority (URA) has released a site in Orchard Boulevard for sale. The confirmed list site falls under its second half of 2023 government land sales (GLS) programme. The 99-year site, which spans 7,031.5 sq m with a gross plot ratio of 3.5, is zoned for residential use with commercial on[…]
SINGAPORE – About 7,000 Housing Board flats will be built in Bayshore as an extension of Bedok town, with the first two Build-To-Order (BTO) projects to be launched for sale in the second half of 2024. These units with waterfront and city views are part of the 10,000 homes that will be built on the[…]
SINGAPORE – An executive condominium (EC) site in Tampines Street 62 has set a new price record. The tender for the site has been awarded to Sim Lian Land and Sim Lian Development at $543 million, or $721 per sq ft per plot ratio (psf ppr), said the Housing Board on Monday. This is higher[…]
SINGAPORE – About 300 more homes could be built in the one-north business park, based on proposed plans for a new high-rise housing development in Media Circle. In a proposed amendment to the Urban Redevelopment Authority’s (URA) masterplan released on Friday, the agency is rezoning a plot bounded by one-north Avenue and Media Circle from[…]
SINGAPORE – A joint venture between GuocoLand, Hong Leong Holdings’ Intrepid Investments and CSC Land Group put in the highest bid of $435.2 million for the sixth private housing site to be sold at Lentor Central in Yio Chu Kang. The bid for the 475-unit Lentor Central site, which works out to $982 per sq ft per[…]