The Peak @ Balmeg
The Peak @ Balmeg (formerly known as Balmeg Court) is located in an area consisting primarily of landed properties, townhouses and low-rise apartments on the west coast of Singapore. The site is favourably situated on Balmeg Hill off Pasir Panjang Road, and is characterised by an exclusive and tranquil setting with sea views even from … Read more
OUE mulls property trust
Overseas Union Enterprise (OUE) on Wednesday said that it is exploring setting up a listed property trust, into which it will inject ‘certain of its hospitality properties’. Professional advisers have been appointed to assist the company in this matter, OUE said in a filing to the Singapore Exchange. In Singapore, OUE owns Meritus Mandarin Singapore … Read more
CMT’s CEO resigns
CapitaMall Trust (CMT) has announced the resignation of Pua Seck Guan as CEO, director and member of the executive committee of CapitaMall Trust Management Ltd, the manager of CMT. Mr Pua resigned to ‘pursue his personal interests’ it said. With effect from Nov 1, Lim Beng Chee will assume Mr Pua’s duties. Mr Lim is … Read more
HDB to build more new flats, rental units to meet rising demand
Singapore’s Housing & Development Board (HDB) said it is offering 8,400 new flats this year, which is 40 per cent higher than the 6,000 units offered in 2007. Of these, 5,000 flats have already been launched, with a good part of them sited in Punggol, which is earmarked as a waterfront town. Plans are also … Read more
Condos to have recycling facilities
RESIDENTS of condominiums and private apartments can look forward to recycling facilities in their compound. That follows a new law passed yesterday giving the Director-General of Public Health powers to require owners or occupiers of any premises to provide recycling facilities, such as bins or bags, on their grounds. The change to the Environment Public … Read more
Please uphold URA guideline
URBAN Redevelopment Authority (URA) made a very good decision to require bay windows and planter boxes to be included in gross floor area (GFA) calculations. I read with dismay ‘Developers appeal to Govt over bay window ruling’ on Sept 13 that property developers are in talks with Government to reverse this. I hope that URA’s … Read more
Exec condo site released for sale in Punggol
A NEW executive condominium (EC) site in Punggol has been released for sale by the Housing Board. A development of about 16 storeys and with about 600 apartments can be built on the plot at the junction of Punggol Field and Punggol Road, HDB said. The 99-year leasehold site is 242,159 sq ft in size … Read more
Marina Bay all set to sparkle
Plans for two promenades unveiled which will complete waterfront loop, linking bay attractions PLANS for the last two links of the Marina Bay chain have been laid down, completing a 3.5km waterfront loop joining up the necklace of attractions in the bay area. They are: ~ An 800m water-misted stretch along Bayfront, adjacent to Bayfront … Read more
