Tag Archives: Sembawang

Sembawang-Jalan Sendudok site sees S$191.8m bid

Posted on 26 May 2011 | Comments Off on Sembawang-Jalan Sendudok site sees S$191.8m bid

Hao Yuan Investment has submitted the highest bid of S$191.8 million for a residential site along Sembawang Road and Jalan Sendudok.

The Urban Redevelopment Authority (URA) closed the tender for the site, after receiving six bids in total.

The 27,600 square metre site, with a 99-year lease, was launched for tender on March 29.

CBRE Research said the site seems fairly popular based on the number of bids and quantum it attracted.

The top bid translates to about S$4,950 per square metre.

CBRE Research added that the top bid is somewhat higher than market expectations.

URA said it would decide on the winning bidder at a later date.

Source : CNA – 26 May 2011

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Khaw determined to make housing and HDB popular again

Posted on 20 May 2011 | Comments Off on Khaw determined to make housing and HDB popular again

In his last blog post as Health Minister, Mr Khaw Boon Wan said he is determined to make housing and HDB Singaporeans’ popular icon again.

Recounting his earlier days in the Health Ministry, Mr Khaw said he went to the Health Ministry in 2003 during the SARS period with some trepidation, not quite sure what he was walking into.

He will go to National Development Ministry, with even greater trepidation.

This is because it is red-hot with widespread unhappiness, and housing is a new frontier for him.

Mr Khaw said he hopes Singaporeans will bear with him, with patience and understanding.

He added that he will work very hard to shorten the learning curve, and listen intently to all suggestions and criticism.

Mr Khaw said it has been an eventful eight-year term at the Health Ministry.

He added that there were many more things he had wanted to do in the ministry like transforming the long-term care sector, ensuring nursing home affordability, ElderShield reform, a third Medical School, and expanding polyclinics.

He will now entrust this agenda to the next Health Minister.

Source : Channel NewsAsia – 20 May 2011

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Posted in General, HDB

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