URA provisional permission given for several works

-

Business Times: Sat, Jul 28

SEVERAL large projects bagged Urban Redevelopment Authority's (URA) provisional permission (PP) in the second quarter of this year, including the two mega developments in the Marina and Rochor/Ophir Road locations by the Khazanah Nasional-Temasek Holdings tie-up, M+S Pte Ltd.

A group led by GuocoLand also clinched URA's provisional approval in April for a mixed development on a site above Tanjong Pagar MRT Station that it won at a state tender in November 2010. The approved scheme comprises 98,820 sq m (or 1.06 million sq ft) gross floor area (GFA) of offices, 10,660 sq m (or 114,743 sq ft) of shops, 189 hotel rooms as well as 189 apartments.

Also in April, M+S received PP for its mixed development at Ophir/Rochor Roads comprising 670 apartments, 350 hotel rooms, 64,010 sq m of offices and 4,650 sq m of retail space.

In May, the consortium clinched PP for its Marina One project at Marina Way/Straits View, which will comprise 208,310 sq m of office space, 12,030 sq m of shop space and 1,006 apartments.

Meanwhile, The Seletar Mall Pte Ltd (a tie-up between Singapore Press Holdings and United Engineers) last month clinched URA's PP to build 17,840 sq m of shopping space at Sengkang West Avenue/Fernvale Road.

At Lavender Street, PLC 8 Development bagged PP to develop 12,840 sq m of shopping facilities and 73,200 sq m of multiple-user factory space in April.

In the same month, Sim Lian received PP for a retail-residential development at Jelebu/Petir Roads. The approval is for 558 apartments and 10,630 sq m of retail space.

In Q2, JTC Corporation received PP for CleanTech Two, which will have GFA of 22,440 sq m. LTH Logistics Singapore received PP for a 64,460 sq m warehouse development at Banyan Drive. Evonik Methionine SEA Pte Ltd received PP to build a factory at Banyan Avenue.

Residential projects that received PP in Q2 include ECO at Bedok South Avenue 3, a project by Far East Organization, Frasers Centrepoint and Sekisui House that will be built on a plot that they bought at a state tender earlier this year. The approved scheme will comprise 717 condo units and 34 strata terrace houses.

Q2 also saw URA giving PP to Hoi Hup group for a project at Kovan/Simon Roads comprising 378 condo units and 15 strata terrace houses, and to SP Setia International for a 437-unit condo along Chestnut Avenue. Mount V Development - a Hong Leong Holdings, City Developments and TID partnership - too can build an 867-unit condo at Mount Vernon Road under PP granted in April.

  
Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

| www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com |
| www.hausatserangoon.sg | www.8riversuites.com |



Popular posts from this blog

Pines Club to be redeveloped

-
Image
The Straits Times  |  MARCH 22, 2013 The Pines Club in Stevens Road will be made over into a hotel and commercial development in an ambitious redevelopment plan. A unit of developer Oxley Holdings has agreed to buy the 18,477 sq m estate for $318 million on a 103-year lease. Oxley has obtained provisional permission to develop two blocks of eight-storey hotels, two blocks of two-storey commercial buildings and a four-storey clubhouse with a basement on the site, according to a company statement to the Singapore Exchange. The club's facilities will be integrated into the new complex. Motoring tycoon Peter Kwee told The Straits Times that club members will be offered places at the Laguna National Golf and Country Club in Changi during the interim construction period. He owns both clubs. Members will be able to use the Stevens Road clubhouse facilities after the redevelopment, estimated to take between two and three years. Talk about the estate's ma
Read more

7 BTO projects launched, BTO supply in 2012 a record

-
Image
SINGAPORE: HDB launched seven Build-To-Order (BTO) projects on Wednesday, offering 6,463 new flats in two non-mature towns (Choa Chu Kang and Sengkang) and three mature towns (Bedok, Queenstown and Toa Payoh). With this launch, the total BTO flat supply in 2012 will reach 27,084 units. This will be the largest BTO supply in a year since the BTO system was introduced in 2002. Together with another 7,153 balance flats offered earlier in the March and September 2012 Sale of Balance Flats (SBF) exercises, HDB has launched a total of 34,237 new flats in 2012. In January 2013, HDB will offer about 3,320 BTO flats in Ang Mo Kio, Choa Chu Kang, Hougang, Kallang Whampoa, Tampines and Yishun. HDB is planning for at least 20,000 BTO flats in 2013. First-timers will continue to enjoy priority flat allocation with at least 95% and 85% of the BTO flat supply (excluding Studio Apartments) set aside for them in mature towns and non-mature towns respectively. The Multi-Gener
Read more

Sentosa villa comes with serious flaws, says owner

-
Sep 16, 2013 - PropertyGuru.com.sg The exclusive residential enclave of Sentosa Cove has been rocked again by another complaint of shoddy construction work, this time at YTL Group’s Sandy Island. Just last week, it was reported that Ho Bee was being sued by homeowners at The Coast at Sentosa Cove, for defects such as staircase flooding and termite infestations.   Thio Keng They, the owner of a villa at Sandy Island, claimed that the two-storey five-bedroom property he acquired for about S$14 million had some “serious” defects, media reports said. He revealed that when he took possession of the 8,000 sq ft bungalow in March 2012, it had water leakage in the living area, most of the rooms, “gourmet kitchen” and basement garage. There were also defects on bathroom doors and scratches on glass panes and the timber floor. “I bought the house as I was told by the salesman that it was of top quality and it was a nice development. What I discovered is that it was not so,”
Read more