Sales programme and a developer h AS perpetrated a minimum bid for the advancement.

Forestwood Residences is a 99-years leasehold Serangoon Condominium in District 19. It truly is under reserve list of the Government Property Sales programme and a developer h AS perpetrated a minimum play for the development. The absolute amount of bids forestwood residences lorong lew lian obtained for the tender is 1 1 and this signifies there are great fascination with the plum website despite market conditions. Analysts note the developers are eager to shore up their property banks because of the fact that there are now less sites accessible on the market and thus this plot of land managed to gather many interest on the list of developers.

Plans are underway for the landscape building of Forestwood Residences condominium including a swimming pool for the occupants to relax as well as a tennis court for some quality time with the household. There are also plans to include both an indoor and outdoor gym.

$14million awarded for five research projects

“The awarded projects presented opportunities to use technology to improve the living environment for Singaporeans, in addition to push at the frontier of possibilities for future development of dwelling spaces,” both agencies said in a joint statement.

Especially, its aims are to improve the cost effectiveness of subterranean developments by 50 percent, too as enrich human comfort and well being by reducing ambient temperature by 4°C and ambient noise by 10dBA in urban areas.

A project by Lee Fook Hou, Associate Professor from the National University of Singapore (NUS), includes developing a prototype equipment to slash the building costs of belowground developments by enabling direct injection of cement into soft ground around corners and obstructions.

NUS Associate Professor Ho Ghim Wei means to create a nanocomposite material for buildings that can transform heat into electricity and help purify the air.

Another suggested study by NTU’s Professor Chu Jian plans to develop a web-based three dimensional geological and geotechnical data modelling and management system, to reduce construction cost and increase productivity for future developments that are subterranean.

Meanwhile, NTU Associate Professor Gan The Clement Canopy Clementi Woon Seng intends to create a software system that can mimic noise and how it is changed by the environment. By these means, he expects to develop soundscape masking techniques to minimize the effect of loud noises.

Ministry of National Development (MND) stated on Thursday (Jun 1 1) that it’s found four Verified List websites and 13 Reserve List websites


The Verified List websites contain three private residential sites at Alexandra See, Clementi Avenue 1 and Siglap Road, and an Executive Condominium (EC) website at Yio Chu Kang Road.

Together, the four websites will supply 2,130 personal residential units, including 520 EC units, the news release said. This really is units in the last half of 2014. the 3,915 a third lower in relation to the 3,020 units provided in the 1st half of the year under the land sales programme, and

While Reserve List sites are activated for a public tender only if a developer makes a launching offer that is acceptable confirmed List sites go on sale regardless of interest from developers.

Under the Reserve List, there are eight private residential sites at Stirling Street, New Upper Changi Road/Bedok South Avenue 3, Bartley Street/Jalan Bunga Rampai, Lorong Lew Lian, Tampines Avenue 10, Margaret Push, Jalan Kandis, and an EC site at Sumang Wander.

Additionally, there are two industrial and residential mixed sites at Holland Road and Bukit Batok West Avenue 6, and two commercial sites at Seaside Road and Woodlands Square.

MND stated the White website will complete the road block and improve connectivity in the Marina Bay office bunch that was existing.

Websites on the Reserve List can give about 5,695 private Gross Floor Area in business area, 275,580 sqm residential units, and use. mainly for office MND said the way to obtain private housing and commercial area from the GLS programme will be adequate to satisfy with need for the next few years.

The quantity of acreage accessible the 2nd half 2015 GLS programme is less than that which was provided in the first half, when there were 13 Reserve List websites and six Confirmed List sites. Six private residential sites were included by the Confirmed List, including one queens peak dundee EC site, which could yield about 3,020 private residential units including 490 EC units.

Luxury residence hunting takes to the heavens

There’s a fresh way to go luxury house hunting. In cities like Miami, La and Chicago, real estate brokers have taken to the heavens using helicopter tours to impress customers, while preventing traffic and providing bird’s eye views of neighbours that were feasible and potential neighbourhoods, reported The Wall Street Journal.

“We do’t do it for just anybody – they have to be really well qualified,” mentioned Gwen Banta, a La-based high-end broker, who has flown customers over US$16 million dwellings and US$11 million in rural Southern California. “You get before they ever contact earth that they’re and see in love with the area and come in over the lake.”

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As a way to plan the best viewing, aviators and agents strategise in advance to make sure everything goes smoothly. The pilot will take down the co Ordinates of the homes and neighbourhoods the representative wants to show, and comes up with a flight plan accordingly.

“To supply something that a person that was genuinely affluent would appreciate just isn’t a straightforward move to make,” mentioned Chris Feurer, CEO of Jameson Sotheby’ s International Realty in Chicago. His bureau began organising chopper viewings of qualities with a minimum US$1.5 million purchase cost in 2015.

But do these helicopter tours cost? If you’re not unlucky, the bill will be footed by your broker. Many agents who offer chopper screenings catered lunches for customers as part of the package and also provide sightseeing tours.

Some pilots took advantage of the trend and are actually getting their real estate licences. This permits them earn commissions on sales rather than fees and to cut out the middle man. Naturally, if you actually desire the man flying the chopper to also close your real estate trade you’ll need to determine.

New requirement for developers for Walking and cycling plan

As part of the WCP, developers will need to plan for the security, convenience and availability of cyclists and pedestrians in the development layout.

For example, cycling and walking routes from surrounding regions and essential transportation nodes will have to be reviewed carefully, with provisions for linkways or covered paths, and safe pedestrian and cyclist crossings.

Facilities including lockers, shower rooms and cycle parking must also be factored into the strategy.

We can do more to enhance connectivity and security for cyclists and pedestrians in our built environment. Frequently, we see before they are able to enter the developments pedestrians and cyclists having to negotiate traffic across service roads, or drives,” said LTA’s Head, Chew Men Leong.

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“There’s also room to enhance supporting facilities including cycle parking and a signage system that is good, as these facilities may also play an important part in creating a seamless experience for cyclists and pedestrians.”

The strategy will be rolled out in commercial developments, like offices, shopping complexes, business parks and schools, where high pedestrian and cyclist traffic is anticipated.