SINGAPORE – Three 99-year leasehold residential sites, including one for an executive condominium (EC) in Bukit Panjang, have come up for sale under the Government Land Sales (GLS) programme for the second half of 2022, the Urban Redevelopment Authority announced on Friday. The three sites – in Clementi Avenue 1, Jalan Tembusu near Tanjong Katong MRT[…]
SINGAPORE – The Housing Board launched 9,655 Build-To-Order flats for sale on Wednesday, in what was the biggest sales exercise since the BTO system was implemented in 2002. The units are spread across 10 housing projects in five estates. Three of these – two in Queenstown and one in Kallang/Whampoa – fall under the prime location[…]
SINGAPORE – Two upcoming Build-To-Order (BTO) projects in Tengah will pilot construction technologies such as 3D concrete printing to increase productivity and cut material wastage, and this may set the standards for future BTO developments. The 2,077 units in Garden Waterfront I and II @ Tengah will have one of the shortest waiting times –[…]
Big resale flats with price tags above that figure aren’t news. What’s worth tracking are 4-room resale flat prices. Each time I see news headlines about yet another Housing Board resale flat selling for more than $1 million, I shake my head. I make myself read the article – because I’m a journalist who writes[…]
SINGAPORE – Three out of 10 Build-To-Order (BTO) projects to be launched in the November sales exercise will come under the prime location public housing (PLH) model. Two – Ulu Pandan Banks and Ghim Moh Natura – are in the mature estate of Queenstown. The third is Kallang Horizon in Kallang Whampoa, also a mature estate.[…]
SINGAPORE – A petition for the Selective En bloc Redevelopment Scheme (Sers) to be put on hold and thoroughly reviewed has been turned down by the Government, as it does not expect many more sites to be eligible for the “highly selective” scheme. Most of the projects with high redevelopment potential have already been selected,[…]
SINGAPORE – A consortium led by Perennial Holdings has secured a $3 billion green loan to finance the redevelopment of 8 Shenton Way. This is the largest real estate green loan in Asia to date. Perennial, DBS and OCBC on Thursday said the new building at 8 Shenton Way is “committed to secure” the Green[…]
SINGAPORE – Ming Arcade, a freehold project completed in 1982, has been put up for sale by public tender. Exclusive marketing agent Savills Singapore said on Tuesday that they were “very confident that Ming Arcade will be sold for more than $140 million”. This works out to about $2,542 per sq ft per plot ratio.[…]
SINGAPORE – Barrier-free communal spaces and linkways to the neighbourhood centre and transport nodes provide residents at Waterfront I & II @ Northshore with seafront living without having to give up comfort or accessibility. These features helped the project clinch the Building and Construction Authority’s (BCA) Universal Design Excellence Award. The Housing Board’s Build-To-Order project in[…]
SINGAPORE – The 606 Ang Mo Kio households whose flats were picked for the Selective En bloc Redevelopment Scheme (Sers) will receive compensation that is about 7.5 per cent higher than previous estimates, due to resale market movements and their flat condition. In a statement on Wednesday, the Housing Board said its officers went door to door[…]
SINGAPORE – Rents for Housing Board flats and private apartments climbed in October as demand rose further following the latest round of cooling measures, with more tenants turning to HDB flats for comparatively lower rents. HDB rents grew by a slower pace of 1.8 per cent in October, compared with September’s 3.3 per cent, with rents of[…]
SINGAPORE – The Police Security Command premises in 2 Lorong 4 Toa Payoh is set to make way for housing and move to another location within the neighbourhood. The command, which has been there since 2004, sits on land that has been zoned for housing – subject to detailed planning – since 2003. In a[…]
