Marina Bay to provide 1.1m sq m of office space
It will become a seamless extension of Raffles Place, says Mah THE upcoming financial district at Marina Bay will be twice the size of London’s Canary Wharf and will provide as much Grade A office space as Hong Kong’s Central. Revealing more plans for Singapore’s new financial hub, National Development Minister Mah Bow Tan told … Read more
Marina Bay prime office space equal to HK business site
It’ll be a ’seamless extension’ of CBD, to rival London’s and Hong Kong’s. THE new Marina Bay growth area will be a ’seamless extension’ of the Central Business District (CBD) and will offer a significant amount of office space, said National Development Minister Mah Bow Tan yesterday. Adjacent to Raffles Place and Shenton Way, it … Read more
More office space with new extension in Marina Bay
National Development Minister Mah Bow Tan said in Parliament on Thursday that the government has set aside a new growth area in Marina Bay. This will yield an estimated 2.8 million sqm of gross floor area for office use. Marina Bay – a centrepiece of efforts to ensure there is sufficient office space to meet … Read more
Blueprint on sustainable development to be launched in 2009
Singapore’s development into a vibrant and distinctive city will be done in a sustainable way. And the newly-formed Inter-Ministerial Committee on Sustainable Development will be launching its blueprint on this next year. National Development Minister Mah Bow Tan said this will provide a comprehensive road map of initiatives and measures to sustain Singapore’s development for … Read more
Newton area growing as a hub for hybrid offices
NEWTON is shaping up as a centre for hybrid offices, with another company, The Ascott Group, moving to the neighbourhood. The Urban Redevelopment Authority (URA) also said yesterday that it would release not one, but two, transitional office sites between Scotts Road and Anthony Road for sale. Ascott, which is officed at the former Temasek … Read more
URA launches 2 more temp office sites in Newton
Analysts see good demand just like for a nearby plot launched earlier. TWO more transitional office sites have been launched by the Urban Redevelopment Authority (URA) in a move to help ease some of the pressure on space. The adjacent sites – parcel A is 8,682.8 sq m in size and parcel B is 9,037.9 … Read more
CDL boss prepared to delay launches in subdued market
Some projects can be held off till 2009, he says, as full-year gain swells to $725m THE property market may have stalled for now, but City Developments (CDL) executive chairman Kwek Leng Beng is not too worried. He said that if necessary, he can hold off launches of new developments until next year. ‘Rather than … Read more
HDB will cater to buyers with different income levels: Mah
THE Housing & Development Board (HDB) will continue to provide a range of housing options to cater to buyers of differing income levels and aspirations, Minister for National Development Mah Bow Tan told Parliament yesterday. He was responding to concerns that the price gain in the HDB market is putting flats out of the reach … Read more
Why income cap for HDB buyers won’t be raised
THE Housing Board will not raise the $8,000 income ceiling for first-time buyers of HDB flats, despite numerous calls from MPs and the public for it to do so. The reason: The income criteria capture some eight in 10 Singaporean families, including upper middle-income earners, said National Development Minister Mah Bow Tan yesterday. ‘I hope … Read more
Low: When will it be Hougang’s turn for HDB upgrading?
OPPOSITION MP Low Thia Khiang crossed swords with Minister of State (National Development) Grace Fu over the upgrading of HDB flats, especially those in his Hougang constituency. Mr Low yesterday repeatedly pressed her for answers as to when his residents could benefit from upgrading and asked if they were being fairly treated. He accused the … Read more
