Daily Archives: 8 Aug 2009

Property craze sparks poem

IN BETWEEN listening to the real estate agent’s spiel about the rainshower in the bathroom and studying the gleaming mahogany parquet flooring, Mr Toh Hsien Min started forming a poem in his head.

That visit to a condominium showflat resulted in Mr Toh, 34 – a leading member of the crop of English-language Singapore poets born after Independence – writing a poem for Insight.

He went down to The Peak@Balmeg showflat in Pasir Panjang with the sole purpose of doing research for the poem after spotting an advertisement for the condominium in the newspaper.

Showflat-viewing – a symbol of Singaporeans’ love affair with property – is the ‘classic Singaporean weekend activity’, declares Mr Toh as he explains his choice of subject matter.

‘There are people who spend all their weekends just going to showflat after showflat. It’s part of the fabric o Continue reading

Land site up for sale

Land site up for sale <!–10 min–>

A government land parcel has been triggered for sale, after a developer commited to bid at least $40.5 million for a commercial and residential site at the junction of Yio Chu Kang and Seletar road. –PHOTO: URA

A GOVERNMENT land parcel has been triggered for sale, after a developer commited to bid at least $40.5 million for a commercial and residential site at the junction of Yio Chu Kang and Seletar road.

It has a site area of 2.1 ha. With a gross plot ratio of 1.4, it can generate a maximum permissible gross floor area of about 29,400 sq m.

The site was made available for sale via the reserve list system since last November. Under this sale method, a site will be put up for tender only if developers indicate interest by committing to a minimum bid.

The Urban Redevelopment Authority said it will launch the tender for sale in about two weeks. The date will be announced later.

Source : Straits Times – 8 August 2009