Tierra Vue @ St Patrick’s Road

Give in to the seduction of tropical elegance that awaits at Tierra Vue, a 5-storey development comprising 129 freehold residences nestled within verdant environs. Be enthralled by its modern linear facade, where louvered sunscreens and expansive balconies ease the penetration of the western sun whilst letting natural light and air into the apartments. Blurring the … Read more

Still bullish on Singapore property

DESPITE the US subprime crisis, which will have a cyclical impact, Liew Mun Leong remains bullish on Singapore’s property market in the medium term. ‘Main street America is suffering from the sins and mistakes of Wall Street,’ he says. ‘And when main street gets hit, that will affect Asia, we can’t run away from it.’ … Read more

Plot ratios may change in certain local conditions: Mah

WILL plot ratios go up in the draft Master Plan 2008? ‘There will be changes in certain places to reflect certain local situations, local conditions,’ National Development Minister Mah Bow Tan said yesterday without elaborating. But there will ‘not be a major review across-the-board’ of plot ratios for the draft Master Plan 2008, he said. … Read more

Mah disagrees with suggestions on land sales, deferred payment scheme

NATIONAL Development Minister Mah Bow Tan yesterday disagreed with suggestions by property tycoon Kwek Leng Beng on the need for the government to review its first-half 2008 land sales programme and rethink its decision to scrap the deferred payment scheme. Mr Mah said the government can be nimble on state land sales because the programme … Read more

National Development Minister responds to property issues

On rental housing: ‘Our strategy is two-pronged… We are looking to increase the supply from 43,000 today, to go up to about 50,000. So that’s another 7,000 – an increase of about 20 per cent. ‘We are also relooking the eligibility criteria to make sure they cater to the really needy. ‘As an article mentioned … Read more

Minister Mah assures there is no shortage of housing in Singapore

National Development Minister Mah Bow Tan has said there is no shortage of housing in Singapore. He said, “Based on all the BTO (Build-To-Order) projects that we’ve had so far, (for) all of the projects, all of the developments for the last year – except one – there’ve always been flats left over, even after … Read more

HDB reviewing application process

THE Housing Board is in the process of reviewing its current application process, National Development Minister Mah Bow Tan disclosed yesterday. This follows recent public concerns that the thousands of applications that pour in for an HDB project bear little relation to the actual take-up rate of flats. HDB’s latest condo-like flats, City View @ … Read more

The West also rises with Jurong East makeover

360-hectare Jurong Lake District will marry offices and retail outlets with waterfront playground With malls, hotels, offices and entertainment outlets, the sleepy charms of the area around Jurong East MRT Station are poised for a stunning makeover. The place – called Jurong Gateway – will be turned into the biggest regional centre on the island. … Read more

URA’s Jurong Gateway plan draws mixed response

Consultants and developers hail alternative hub, but fear over-supply in medium term PROPERTY consultants and developers have given a mixed reception to the Urban Redevelopment Authority’s (URA) plan for Jurong Gateway, which will have about 5.4 million sq ft of gross office area over 10-15 years. While they welcome an alternative commercial hub that will … Read more

Jurong Lake District: Over 1,000 private homes to be built

PROPERTY hunters looking to buy a stake in the newly revamped Jurong Lake District will be happy that more than 1,000 private homes will be built there. But no more new Housing Board flats are planned for Jurong, said National Development Minister Mah Bow Tan yesterday. TARGETING YOUNG FAMILIES: View of Lakeside park. New private … Read more