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CKS Monthly Newsletter - Dec 2013
CKS Monthly Newsletter - Dec 2013
CKS Monthly Newsletter - Dec 2013
ON THE NEWS
The inspiration behind MBFC The Straits Times, 14 Dec 2013 THE recently released Urban Redevelopment Authority (URA) Draft Master Plan 2013 highlights Marina Bay as the new financial and residential district in the urban city centre. Provision of public open space and introduction of the mixed use model were implemented in Mapletree's revised plans, the main difference was the requirement for a higher density area and for the site to be fully integrated with all of the city's other systems and infrastructure. With the new guidelines they received, "We chose to subtly rotate the towers to maximize views in all the buildings and relieve the feeling of density on the site," Mr Whitlock said. Rental market slows with surge in new homes Straits Times, 14 Dec 2013 A surge in supply left 17,458 vacant units for rent at the end of the third quarter. The flood of new flats on the market is forcing landlords to lower rents across Singapore. The tighter market, which promises to get worse in the next couple of years as new units continue to be released, also means landlords have to wait longer to find a tenant.
DECEMBER 2013
DECEMBER 2013
New frontier for green townships Business Times, 20 Nov 2013 The blueprint governing Singapore's development over the medium term identifies Holland Village, Kampong Bugis and Marina South as districts that will provide 14,500 new homes set amid thoughtfully designed, eco friendly spaces. People will go to work, not just in the Central Business District, but also in new commercial areas such as the Woodlands Regional Centre, where 100,000 jobs will eventually be created. These plans have been laid out in the Draft Master Plan 2013 of the Urban Redevelopment Authority (URA), which focuses on building townships for all ages that are green, healthy, connected and strong in community interaction and spirit.
DECEMBER 2013
3 Central Boulevard (Marina Bay Area) 99-year Cheung Kong, Hongkong Land & Keppel Land 2014 (expected) Located in district 1, site area is approx. 57,047sqft, comprises 221 residential units Downtown (0.17KM) Raffles Place (0.41KM)
Penthouse:
4,682-8,181 sqft
1-chome, Oji, Kita-ku, Tokyo Freehold Daikyo Development 26 Dec 2014 14 storey reinforced concrete building
Total Units
64
Unit Available
Price Range
DECEMBER 2013
For more information, kindly visit our facebook page (CKS International Launches) or contact: Singapore Office Foo Meng Wee (CEA Reg. No: R002852I) +65 6531 1769 or email - mengwee@cks.com.sg Lee Tang Keat (CEA Reg. No: R048660H) +65 6531 1662 or email - tangkeat@phillip.com.sg Simone Wong (CEA Reg. No: R048862D) +65 6531 1770 or email - simonewong@phillip.com.sg
CKS Property Consultants is a pioneer in Singapore s real estate landscape. Throughout the course of our history, we have witnessed the growth and transformation of Singapore s economy and its impact on the real estate industry. Founded in the 1920s as Cheong Koon Seng Auctioneers & Valuers, the company was renamed CKS Property Consultants in 1999 to reflect the diversification from its core businesses of valuation and auctioneering. While we continue to build on our traditional strengths in valuation and auctioneering, we are now a full-fledged property consultancy providing professional services in the residential, commercial, industrial and retail sectors. CKS is today part of the PhillipCapital Group, an integrated financial services group with a global presence. With offices located in the financial hubs of 16 countries, including Singapore, Malaysia, Cambodia, Indonesia, Thailand, Hong Kong, China, Japan, India, Sri Lanka, Dubai, United Kingdom, France, Turkey, Australia and USA, the Groups total shareholders funds exceed USD 1 billion. Our affiliation allows us to leverage PhillipCapitals considerable business network and to partner our sister companies in regional initiatives.
@ www.cks.com.sg
DISCLAIMER: This document is prepared by CKS Property Consultants for marketing information only. While reasonable care has been exercised in preparing its contents, CKS Property Consultants makes no representation as to its accuracy or completeness, and cannot be held liable for any loss howsoever arising in reliance upon any part of this document We strongly recommend that you consult an appropriate professional advisor for legal, tax, accounting, or investment advice specific to your situation before entering into any investment decision in connection with the Content.