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Subscribe to this list via RSS Blog posts tagged in Decentralisation Strategy for over development in CBD

$15 billion losses in private property market

Posted by Property Launch Invest on Sunday, 22 March 2015 in Property News

The private condo market has lost more than $15 billion in market value since its peak in prices in January 2014.

SRX Property used X-Value, its valuation algorithm, to calculate the value of all transacted flats (recorded) at the market's peak and then compared it with the value at 31 December 2014.

Yishun: Up-and-coming Town

Posted by Property Launch Invest on Wednesday, 28 January 2015 in Property News

Set in the northern part of the island, Yishun is considered as a far-flung mature estate with an older demographic profile.

But interest in this sleepy town looks set to be reviving for two reasons.

In the land use plan, "A High Quality Living Environment for all Singaporeans", of the latest population white paper, Yishun is one of 3 estates slated for rejuvenation in the first stage of HDB’s Remaking Our Heartland (ROH) programme.

Business-leisure hub plans will boost home prices: Jurong

Posted by Property Launch Invest on Wednesday, 27 August 2014 in Property News

Ambitious new plans to make Jurong a business and leisure centre will likely boost home prices, property consultants told The Straits Times yesterday.

Optimism about the area was lifted with the Sunday announcement that a new Jurong Lake Gardens will be developed in conjunction with other projects already under way nearby.

A Science Centre will also be built and there is also a possibility that the terminal for the Singapore-Kuala Lumpur High Speed Rail will be in Jurong.

The new plans underscore Jurong's development as the largest commercial hub outside the Central Business District (CBD), which has been going on apace for some years.

Taming Singapore's property market

Posted by Property Launch Invest on Thursday, 07 August 2014 in Property News

INITIAL reports of the property market's demise appear to have been slightly exaggerated.

After policymakers imposed strict curbs on consumer loans last June under total debt servicing ratio (TDSR) rules, analysts predicted that private home prices would plunge by up to 10 per cent this year.

Some warned that home sales could grind to a near halt, quipping that TDSR actually stood for "total destruction of Singapore real estate".

So far, however, the slowdown in prices has been far milder than expected.

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.

Woodlands, Holland Village top picks

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

INVESTORS hoping to take advantage of the master plan out this week should look at Woodlands and Village but hang fire on Kampong Bugis, Marina South, Serangoon Gardens and Jalan Kayu, said consultants.

They added yesterday that while plans for Tanjong Pagar and the Greater Southern Waterfront were exciting, they would materialise only far into the future.

Why analysts are all eyes on Woodlands Regional Centre

Posted by Property Launch Invest on Thursday, 17 April 2014 in Property News

Its untapped potential is marvelous.

According OrangeTee, in line with the decentralisation strategy announced in Concept Plan 1991 to guard against congestion and over-development in the Central Business District and Marina Bay areas, Woodlands Regional Centre has become the fourth regional centre after Tampines Regional Centre in 1992 and Jurong Lake District and Paya Lebar Central in 2008.

Here's more from OrangeTee:

Far East-Sekisui JV tops bids for Woodlands office site

Posted by Property Launch Invest on Thursday, 17 April 2014 in Property News

Strata office units set for launch towards year-end or early next year.

[SINGAPORE] A joint venture between Far East Organization, its listed unit Far East Orchard and Sekisui House that topped a state tender for the first predominantly office site in Woodlands Regional Centre intends to build two 16-storey office towers featuring both large and small strata office units for sale as well as lease.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments