Singapore Property News

Some estates have plots meant for homes that are not developed yet MORE younger folk could become homeowners in mature estates such as Bishan, Ang Mo Kio, Toa Payoh, Tampines and Pasir Ris if the Housing Board (HDB) offers flats in these areas, where analysts say may still have room to build more homes. These areas still have [...]

THE site of Lion City Hotel and adjoining former Hollywood Theatre could be developed into a commercial and retail project, said UOL Group, which bought the sites for $313 million in January. Speaking to The Straits Times last Friday, UOL property president Liam Wee Sin said the group has applied to the authorities to convert the zoning from [...]

Redevelopment of Market Street Car Park spells shortage of parking lots for neighbours (SINGAPORE) The impending redevelopment of Market Street Car Park (MSCP) into an office tower – at a time when parking lots have become a scarce commodity in the central business district – appears to have triggered concerns from some building owners. BT understands that the [...]

Integrated communities that support live-work-play concepts are becoming more common due to changes in technology, demographic and social trends INTEGRATED communities – that is, spaces where people can live, work and play within a small cluster of buildings – are becoming increasingly common across Asia as corporations search for sophisticated and cost-efficient business spaces.   The trend has [...]

(SINGAPORE) The carpark development adjoining International Building, off Orchard Road, is being offered for redevelopment and lease for 21 years (less one day). The property is owned by a unit of Hong Fok Group. It is zoned for commercial use and has a potential gross floor area of about 173,200 square feet.   Hong Fok obtained provisional permission [...]

Experts say interest stems from government plans to develop area DEVELOPERS will be out in force to bid for a mixed-use site in Jurong Lake District despite the minimum $510 million price tag, according to analysts.   They are predicting up to 10 bids for the 99-year leasehold site in Boon Lay Way, next to Jurong East MRT [...]

UP TO 460 flats are to be built in Pasir Ris under the Design, Build and Sell Scheme (DBSS). Developers have been invited to submit tenders for the plot of land by the Housing Board. The site is 176,401.1 sq ft in size, and will have a combined floor area of 493,923.1 sq ft. Industry watchers say the [...]

THE Urban Redevelopment Authority (URA) will be putting a 99-year leasehold white site at Jurong Gateway up for tender, after an unnamed developer committed to pay at least $510 million or $532 per square foot per plot ratio (psf ppr) for it.   Meanwhile, developers gunning for residential land can train their sights on a plot at Pasir [...]

Flats and surrounding areas will be upgraded over next five years AGEING flats and their surroundings in Whampoa will receive a much-needed sprucing up as part of a $90 million government upgrading programme planned for the area over the next five years. Announcing this during a dialogue with residents yesterday, Mr Heng Chee How, who is the MP [...]

Developer to start marketing one-north office complex by Q2 PROPERTY developer Ho Bee is spending $820 million to build a new high-rise office complex at research hub one-north, and will start marketing it for lease by the second quarter of this year. Group chairman and chief executive Chua Thian Poh said he expects the space to fetch $5 [...]