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Friday, December 16th, 2016

 

Joint tender for HSR project to launch end-2017

Joint tender for HSR project to launch end-2017   The 350 km rail link is expected to reduce travel time between Singapore and Kuala Lumpur to just 90 minutes. MyHSR CEO Mohd Nur Ismal Kamal revealed that the joint tender for the high-speed rail (HSR) project between Singapore and Malaysia will launch in the fourth quarter of 2017, reported Channel NewsAsia. The head of the Malaysian company tasked with developing the HSR project expects the two countries to make a decision on the contract award by end-2018. “They have to goRead More


SINGAPORE DECENTRALISATION OR RECENTRALISATION?

SINGAPORE DECENTRALISATION OR RECENTRALISATION? The push for decentralisation could accelerate as Singapore expands new business precincts and the public transport network As Singapore continues to advance its built environment to augment itself as a global and regional centre of finance, communications, trade and commerce, the office landscape has been growing appreciably. Since the introduction of decentralisation strategy that was firstly mooted in the 1991 Concept Plan, a series of hierarchical commercial centres were planned, i.e. regional centres, sub-regional fringe centres and smaller precincts. While office space stock in the CentralRead More


Supply of private homes from confirmed government land sales up 7.4% for first-half of 2017

SINGAPORE – The supply of private homes from confirmed government land sales is set to go up in the first-half of 2017. On the Confirmed List are five private residential sites which can yield 2,330 units, higher than the supply of 2,170 units from confirmed sale sites in the second half of this year, the Ministry of National Development (MND) announced on Friday (Dec 16). But the supply of 2,330 units from the Confirmed List under Government Land Sales (GLS) Programme for 1H2017 is closer to the final 2,445 unitsRead More