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Subscribe to this list via RSS Blog posts tagged in Commercial and Industrial properties

How will the real estate market react ahead of the new Downtown MRT Lines 3 opening?

Posted by Property Launch Invest on Saturday, 21 October 2017 in Property News

With the upcoming Downtown Line 3 (DTL3) opening up yet another pathway from eastern Singapore to the city centre and beyond, how does this affect the properties that lie along this stretch? In this post, you’ll see how new infrastructure affect property prices, and find potential properties that might see an upside soon.

Govt to raise supply of shop, factory space in next 3 years

Posted by Property Launch Invest on Saturday, 10 May 2014 in Property News

THE government will make more factory and shop space available over the next three years to ensure there is enough supply for businesses as they plan for the long term.

Minister of State for Trade and Industry Teo Ser Luck said in Parliament yesterday that an average of 500,000 sq m of multiple-user factory space will come on-stream each year for the next three years.

Jurong: New Western Frontier

Posted by Property Launch Invest on Tuesday, 22 April 2014 in Property News

In recent years, this part of the island has been going through a holistic transformation by tapping on development potential and opportunities.

What used to be swamps and fish farms has since transformed into a vibrant suburban hub over the decades. Developed as an industrial town in the early 1960s, Jurong now no longer leaves an impression of a polluted industrialised area and has grown into a bustling precinct.

As part of the government’s plans for Remaking Our Heartland (ROH), a new lease of life has been injected into the Jurong Lake area, benefitting local residents and bringing the area to the attention of international visitors. The 360ha Jurong Lake District features two areas - Jurong Gateway and Lakeside.

JTC changes industrial property rules

Posted by Property Launch Invest on Friday, 06 December 2013 in Property News

[SINGAPORE] Industrialists and third-party facility providers such as property funds/developers who own industrial properties on JTC-leased sites will now be required to hold these properties for a longer period before they may sell them.

JTC has also extended the minimum occupation period for anchor tenants of third-party facility providers. The changes took effect on Nov 15. The move is aimed at safeguarding Singapore's scarce industrial land resources for optimal use by genuine industrialists and dampening property speculation.

HDB To Stem Speculation On Commercial And Industrial Properties

Posted by Property Launch Invest on Tuesday, 12 November 2013 in Property News

Starting from this Wednesday onwards, commercial and industrial properties will not be spared from “cooling measures”.

In a bid to curb speculation, the Housing Board (HDB) announced today that all new tenants will be required to tender for premises direct from HDB. Previously, outgoing tenants are allowed to transfer the property to an incoming tenant for a fee or cash premium that is negotiated between the two. With the new rule in place, extra costs that are being passed on to customers can be prevented.