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Sim Lian plans over 2,000 units at Tampines site

Singapore SIM Lian plans to develop a condo with more than 2,000 units on the Tampines Court site which has been awarded to it for S$970 million. At S$970 million, this is the second-largest collective sale in dollar quantum after Farrer Court, which went for S$1.3388 billion back in 2007. Inclusive of Tampines Court, eight collective sales totalling S$3.48 billion have been inked so far this year, surpassing the three deals worth a tad over... ...more

Building the Singapore brand overseas - the Swan & Maclaren way

SWAN & Maclaren, Singapore's oldest architectural firm, is nowadays getting most of its work from overseas, much in the same way as the original founders, who were Scottish engineers and came to this part of the world to build the Malayan Railway in the last decade of the 19th century. In its latest reincarnation, Swan & Maclaren is getting some 60-70 per cent revenue from overseas projects, said Lim Chai Boon, its group director. And... ...more

Bungalow market keeping up with last year's momentum

Singapore THE bungalow market in Singapore is humming along nicely, with transactions likely to equal if not surpass 2016's volume. Based on CBRE Research's analysis of caveats data, 23 transactions have been made in Good Class Bungalow Areas totalling S$480.6 million so far this year. BT understands that options have been granted for a few more bungalows, although they have yet to be exercised. In 2016, 37 bungalows in GCB Areas changed hands... ...more

Leng Beng again calls for review of Qualifying Certificate policy

Singapore CITY Developments (CDL) executive chairman Kwek Leng Beng once again called for the government to ease land-banking measures for property developers, in the belief that this will help to regulate land and property prices, a view not shared by some industry players. Asked at the group's results briefing for his thoughts on the recent aggressive prices paid in government land tenders, he reiterated his stance in the media release, where... ...more

Another milestone in great landmarks

THROW a stone in Marina Centre or on Orchard Road, and chances are that it will hit a building that has been designed by DP Architects. The homegrown firm is behind landmarks such as Suntec City, Marina Square, Esplanade - Theatres on the Bay, Wisma Atria, Paragon Shopping Centre and Orchard Central. From 1967, when it was first established with a modest firm of 15, it has since grown to 1,300 staff in 17 countries... ...more

GuocoLand looks to rise in private home prices

Developer GuocoLand has trimmed the number of units put up for sale at its latest condominium, Martin Modern, in what is seen as a bet on private residential prices reversing course after years of decline. Other developers also appear to share the same sentiments. Earlier this week, Chinese developer Qingjian Realty said it is holding back the second phase of sales launch at its Le Quest project in anticipation of possible upturn in the property... ...more

Pan-United CEO: Change in mindset key to staying ahead

Ms May Ng Bee Bee became executive director at Pan-United Corporation in 2004 and took over the reins at the family business as chief executive in 2011. The leading ready-mixed concrete and cement supplier has its roots in a marine equipment supplier co-founded in 1958 by Ms Ng's father, Mr Ng Kar Cheong, now 83. He took over the Pan-United unit in 1982 after one of his original partners died, and stepped down from the... ...more

Roxy to build River Valley block with more than 100 units

Singapore ROXY-PACIFIC Holdings plans to redevelop a freehold plot in River Valley Road, which it bought for S$110 million, into an apartment block of at least 18 storeys and housing more than 100 units. The price paid by the developer for the 28,798 sq ft site opposite the Yong An Park condo works out to about S$1,582 per square foot per plot ratio (psf ppr), inclusive of an estimated development charge of S$17.6 million. Under... ...more