Singapore: In an interview with Singapore Business Review, EL Development said the site will be redeveloped into a hotel. The projected total redevelopment costs are between $320m-$360m. That brings the total value of the hotel and
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Singapore: In an interview with Singapore Business Review, EL Development said the site will be redeveloped into a hotel. The projected total redevelopment costs are between $320m-$360m. That brings the total value of the hotel and
SINGAPORE: Singapore will set up a new Rail Infrastructure Fund worth S$5bil this year for major rail lines ahead, said Finance Minister Heng Swee Keat. “This can be topped up in future years when our fiscal
Weakness in construction demand will impede the sector’s growth in 2018. The construction sector shrank by 8.4% in 2017, the only industry that registered negative growth. The low output was caused by 29.1% decline in the
The Housing and Development Board (HDB) awarded a $168m design and build contract for Sengkang Neighbourhood 4 to construction group Chip Eng Seng Corporation Ltd. (Chip Eng Seng). According to an announcement, the contract comprises the
Knight Frank launched the sale of Dunearn Gardens, a high-rise residential redevelopment site, and are now expecting offers of at least S$488.8m. The property has a site area of 8,867 sq m, and is located 100
Demand for public sector construction is expected to grow from $16b to $19b. The Building and Construction Authority (BCA) projects the total value of construction contracts to be awarded this year to range between $26b to
1,000 flats in Sembawang, Sengkang, and Yishun will be launched in H2. The Housing and Development Board (HDB) will launch 17,000 new build-to-order (BTO) flats next year, slightly lower than the supply of 17,584 in 2017,
Govt bringing forward more contracts over next two years, including upgrading works More estates will get a makeover and new walkways will be built across Singapore, as the Government seeks to give a fillip to the
SINGAPORE: A bill to support the building and running of two future rail links between Singapore and Malaysia was introduced in Parliament, The Straits Times reported. The report said the Cross-Border Railways Bill would provide for
Lian Beng wins a bid for a contract from Martin Modern Pte Ltd for the proposed condominium housing development comprising two blocks of 30-storey condominiums, with a total of 450 units. According to KGI, the contract