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HSR construction delayed to May 2020; KL to reimburse Singapore S$15m

 
Singapore SINGAPORE and Malaysia have agreed to suspend construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project until May 31, 2020, with service on the advanced train line expected to begin by the start of 2031, instead of the original end-2026 commencement date. Singapore's Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan and Malaysia's Minister of Economic Affairs Mohamed Azmin Ali on Wednesday... ...more
 

Building a landmark business

 
SINGAPORE'S skyline is synonymous with the Supertree Grove at Gardens by the Bay and the Marina Bay Promenade. These landmarks, as well as the Lee Kong Chian Natural History Museum at National University of Singapore (NUS), showcase the work of homegrown construction group, Expand Construction. Expand Construction started as a family signage business, which dwindled during the 1998 financial crisis. Founder and chairman Von Lee Yong Miang decided... ...more
 

Pasir Ris white site up for sale by public tender

 
Singapore A WHITE site at Pasir Ris Central, spanning 3.8 hectares, was launched for sale off the government land sales (GLS) confirmed list in a dual-envelope public tender on Monday. The 99-year leasehold site went on the market with the Housing & Development Board (HDB) calling for a mixed-use commercial and residential development, as part of its "Remaking Our Heartland" plan to rejuvenate Pasir Ris Town. The land parcel next to Pasir Ris MRT... ...more
 

Three secret sauces to designing green cities

 
The recent global heat wave that has claimed hundreds of lives has once again thrown the debate on climate change wide open. Climate change certainly feels real, and backed by meteorological data, can indeed be proven to be real. Industrialisation has often been linked to global warming, and hence climate change. So too has the consumption of fossil fuels, whose conversion into electricity can also become pollutive to the environment. As an... ...more
 

Cheng Hoe House in Kovan up for collective sale

 
Singapore CHENG Hoe House, a group of eight freehold townhouses, was on Monday launched for collective sale by tender for S$28 million, marketer Teakhwa Real Estate said. The reserve price reflects a land rate of S$1,082.90 per square foot per plot ratio (psf ppr), including a development charge of about S$6.1 million. Teakhwa Real Estate said the land price would fall to S$1,052.50 psf if the 10 per cent bonus balcony area is included. The... ...more
 

CapitaLand and CDL team up again - this time for Sengkang mixed development

 
FOR the first time in about a decade, property heavyweights CapitaLand and City Developments are teaming up for a project in Singapore. The duo have just clinched a plum 3.7-hectare commercial and residential site next to Buangkok MRT Station under a dual-envelope (price and concept) state tender. The site can yield a maximum gross floor area of 842,124 sq ft. Their winning bid of S$777.78 million� works out to S$923.59 per square foot per plot... ...more
 

Rush to beat cooling measures sends developers' sales to 16-month high

 
Singapore THE knee-jerk reaction by some buyers who raced to snap up private residential properties on the night of July 5 to beat the cooling measures that kicked in the next day sent developers' sales for July to its highest level in 16 months. The 1,724 private homes developers sold in July was 2.6 times the 654 units in the previous month, and up 55 per cent from the 1,112 units in July 2017. However,... ...more
 

Relook energy usage to redesign buildings

 
THE RAPID rate of urbanisation in South-east Asia is sending infrastructure construction and development on an overdrive across the region, resulting in unprecedented levels of carbon emissions. At present, 309 million people - 48 per cent of the Asean population - live in urban areas. This number is expected to increase by an additional 63 million by 2025. Governments and cities face an uphill task to cater to the influx of city dwellers while... ...more
 
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