Developers get more wriggle room with H2 land sales
Latest slate sees sharp cut in supply from confirmed list, while that from the reserve list is up The government yesterday effectively delivered a sharp cut in state land sales that should give some relief to the current soft property market. Supply from the confirmed list of the Ministry of National Development’s (MND) H2 2008 … Read more
Fewer confirmed Govt sites put up for sale
Only eight sites for outright sale; move follows poor sales in first half of year THE Government is cutting back on the number of development sites being released for outright sale over the next six months. The move follows poor sales of the 37 sites that have been available since the start of the year. … Read more
Capitol site and two new growth areas up for sale
They are among 40 sites across Singapore to be offered in second half of the year THE iconic Capitol Theatre, Singapore’s first cinema, and nearby century-old Stamford House finally have a chance for a new lease of life. The Government yesterday announced that it will sell the huge 1.45ha prime site housing these historic buildings … Read more
Capitol site and two new growth areas up for sale
They are among 40 sites across Singapore to be offered in second half of the year THE iconic Capitol Theatre, Singapore’s first cinema, and nearby century-old Stamford House finally have a chance for a new lease of life. The Government yesterday announced that it will sell the huge 1.45ha prime site housing these historic buildings … Read more
Choice GLS sites could still generate interest
Market conditions may lead to more developers bidding ‘opportunistically’, says Chesterton The Government Land Sales (GLS) programme for H2 2008 has been released, with several new choice sites identified, including those at Dakota Crescent and Serangoon Avenue 3. And with land prices expected to be more attractive, the momentum of land sales could still be … Read more
Building consultancies win more overseas deals
SINGAPORE construction consultancies won 406 projects overseas last year, up from 360 in 2006, according to a survey by the Building and Construction Authority. BCA said that following a decline in 2006, China regained top spot as the largest overseas market, with 137 projects won last year. Ninety contracts were secured in India, the second-largest … Read more
Building consultants’ overseas jobs up 12%
THE construction sector may be booming in Singapore, but that did not stop local building consultancies from securing more projects abroad – up 12 per cent last year over the previous year. A survey by the Building and Construction Authority (BCA) showed that Singapore consultancy firms won 406 projects last year compared with 360 in … Read more
New centre to update affected residents
CONSTRUCTION started yesterday on a massive road project, but the ground work – preparing the community for it – began much earlier. Land Transport Authority (LTA) officers started fanning out to brief residents and shopkeepers in Potong Pasir and Geylang Bahru on the project late last year. And in a first, the LTA will set … Read more
Work begins on $130m Woodsville Interchange
To be completed in 2011, it has flyover and 3 road tunnels CONSTRUCTION of the $130 million Woodsville Interchange began yesterday with a groundbreaking ceremony at Serangoon Road near the former Serangoon fire station. The new interchange is the largest and most expensive road upgrading project that the Land Transport Authority (LTA) is undertaking. When … Read more
HDB contibuting to price spiral
I REFER to the article ‘HDB pricing policy limits impact of rising costs’ (BT, June 11). As a 60-year-old Singaporean, I empathise with the growing despair of young couples when it comes to such a basic aspiration as home ownership. Private property is mostly beyond their reach. Even for HDB flats, they are caught between waiting … Read more
