There are some road names that have been  Singapore history with the city’s rapid urban development and rejuvenation. If you are still looking for a lane named Jalan Bunga Raya in Balestier and off Irrawaddy Road, you may want to know that this road has been long gone over taken by a high rise residential development currently in construction. Domus, as the name of the new development, is a 29 storey residential development of 109 units which will be completed in the year of 2013.
 
 
Jalan Bunga Raya was previously a …

Plot ratio is very important in the developer’s acquisition for a piece of land. Basically the plot ration of a site is defined as the ratio of the gross floor area of a building(s) to its site area.
Plot ratio = Gross Floor Area / Site Area
Literally speaking, the higher the plot ratio, the more gross floor area the developer is able to build up to, therefore maximizing his profit return.
Typically, the higher the plot ratio will give rise to greater building height, except for areas with special height controls are …

With the successful precedent transaction of the 3 storey industrial terrace factory building at No. 6 Jalan Ampas on February this year, there is another industrial site in Balestier put up for sale.

It is a freehold industrial site at No. 21 Kim Keat Road at an asking price of $42 million. Within the same Balestier area, this site is potentially to be re-zoned under the Urban Redevelopment Authority planning to residential use of a gross plot ratio of 2.8
The asking price of 42 million works out to S$734 per square foot …

Diamond tower, Goodwill mansion and Waldorf mansion will be the 3 residential developments going for enbloc launch this year. Other than Goodwill Mansion which is of 3 plot ratio, the rest of 2 are of 2.8 plot ratio. These 3 developments are relatively old, and appear pretty run down. They are located at quite strategic places, especially for Diamond Tower sitting next to the up and coming Zhong Shan Park.
With the current launching price of more than $1000 in the same region, I expect the residents will be expecting selling …

The fever for En-bloc is coming back, though there is more caution in the developers in acquiring the existing developments.
I would say enbloc is a unique phenomenon to Singapore, in which the private sector participate in bring about urban development. Prior to that, developers acquired lands solely from the Government Land Sales (GLS) programme. It had attracted much criticism, since Government paid too low a price and sold at too high a price for the land. Therefore URA looked into means to incentivize developers in rejuvenating existing residential areas, by …

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Yesterday I posted on the article of the industrial building at 6 Jalan Ampas being successfully enbloc-ed , as well as the anticipated increase in enbloc activity due to the re-zoning to the region. My friend commented if the adjacent site at 8, Jln Ampas which is the former Shaw’s Malay Film Studio would potentially be converted to residential development. It is currently sitting on a site which is already zoned as Residential site with 2.8 plot ratio.
If you are not aware, the above Google photo illustrates the old Malay …