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1,800 flats to go on sale at Dawson estate next year
Two 40-storey towers to be constructed under build-to-order system by 2014
By Joyce Teo
A NEW generation of Housing Board flats is set to go on sale in about a year’s time at now-sleepy Dawson estate.
The 50-year-old Queenstown estate is set to be transformed with the construction of two striking 40-storey towers, designed by award-winning architects, SCDA Architects and WOHA Architects.
The towers, to boast about 1,800 flats, are being built under the HDB’s build-to-order (BTO) system - now the board’s main means of providing new housing stock.
HDB rarely builds new flats within a mature estate due to the lack of space. The new towers in Dawson will be nestled among gardens designed by landscape architects - a first for an HDB estate.
News that the flats will be on sale in a year’s time was unveiled by Ms Grace Fu, Senior Minister of State for National Development, at the HDB awards dinner yesterday.
She later told reporters that she expects very strong demand for the new flats.
Sales will start in the third quarter of next year. Construction could start six months after that and be completed in 2014, Ms Fu said.
At Dawson - Singapore’s first Housing Board estate - the SCDA-designed tower block is on a 2.2ha site and could feature about 800 flats. The other block, on a 2.7ha site, will have about 1,000 units.
The towers will have special features such as lofts, flexible flat designs, and sky villages or common high-rise space shared by every 10 floors.
But potential buyers can still influence the final design. Feedback is invited at an exhibition on Dawson estate before the consultants finalise their designs. The show at the HDB Hub in Toa Payoh runs from today until Aug 10.
Home-hunter Lauren Shen, 27, a graphic designer, said: ‘The flats are exciting because they can be customised. I have applied for a flat in Punggol. If I don’t get it, I will wait for these new ones.
‘But it will depend on the prices. My chances may be limited because I think they will be very popular.’
A third new-generation development will be added later at Dawson by Surbana International Consultants. It will be launched when the site for it is cleared by 2011.
To tie the three developments together, HDB has asked award-winning local landscape architects Cicada to draw up a landscape plan.
The plans will rejuvenate Dawson estate, which has about 3,000 flats. Dawson eventually could boast about 10,000 new homes, most of which are expected to be public flats.
HDB is keen to preserve Dawson’s heritage and is seeking contributions of old photos, postcards, books and other items for use in a display.
Source : Straits Times - 31 July 2008
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Award-winning architects to design new Dawson Estate-Singapore
By Wong Siew Ying,
Award-winning architects to design new Dawson Estate
SINGAPORE: Two award-winning private architects were officially appointed by the Housing and Development Board (HDB) on Wednesday to put a new spin to the old Dawson Estate in Queenstown.
SCDA Architects Pte Ltd and WOHA Architects Pte Ltd were earlier commissioned to draw up plans for two separate public housing sites at the junction of Margaret Drive and Dawson Road.
The new flats will be launched for sale under the Build-To-Order system in the third quarter of 2009.
The 60-hectare Dawson district, which was first developed in the 1950s, will have new homes nestled among lush greenery.
SCDA’s plan features multiple layers of common spaces such as car parks, shops and facilities, while individual residential units can be combined to create lofts, which are ideal for home offices or larger families.
The 823-unit project will also be eco-friendly.
Chan Soo Khian, design director, SCDA Architects, said: “All the surface runoffs will be collected in retention tanks and these will then be used to irrigate all the landscape. The staircase would be integrated with solar panels.”
At a separate site in the same district, architects at WOHA spent over four months on their work. The project will also boast sky gardens and integrated facilities.
It is expected to be home to about 1,000 households, which will have plenty of opportunity to interact.
Richard Hassell, founding director of WOHA Architects, said: “Every apartment feels like it belongs to a smaller community of about 60 or 80 homes. The way we’ve done it is to make a space… so on the way from the lift to the front door, you always go through this space.”
These flats are expected to be ready in 2014 and their price tags will be unveiled next year.
To preserve the heritage of the area, HDB is also calling on the public to contribute items relating to Queenstown. These could be old photographs, postcards or even cinema tickets, which will be incorporated into the design of the new estate.
Subana International Consultants has been chosen to develop a third site in the Dawson Estate. The company will be officially appointed when the plot is cleared in 2011.
The plans will be on display at the HDB Hub from July 31 to August 10.
- CNA/so
Source : Channel NewsAsia - 31 July 2008
Singapore Property - Buy, Sell, Rent, Invest
Mindy Yong
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Award-winners to design Singapore HDB flats
SCDA, WOHA and Surbana named consultants for Dawson Estate flats
By EMILYN YAP
FLAT-BUYERS eyeing Dawson Estate in Queenstown will be spoilt for choice, as upcoming public housing will feature designer looks courtesy of not one, not two, but three local award-winning architectural firms.
Ms Fu: There will be challenges in keeping HDB flats affordable
The Housing & Development Board (HDB) said yesterday that it will appoint SCDA Architects, WOHA Architects and Surbana International Consultants as design consultants for the district’s public housing projects.
Dawson Estate comes under a ‘Remaking Our Heartland’ exercise that aims to transform public housing into vibrant homes for Singaporeans.
To showcase the regeneration of an old estate, HDB invited the three architectural firms last year to design public housing precincts in Dawson Estate based on new ideas and concepts.
Favourable response from the public led HDB to appoint all three as design consultants.
‘The participation of these firms will not only give HDB flat-buyers greater variety and choice, it will also bring a livelier, more attractive buzz to Dawson.’
- Senior Minister of State for National Development and Education Grace Fu
SCDA and WOHA received their letters of appointment at a HDB awards dinner yesterday evening. The two sites which both firms worked on are vacant and ready for development.
HDB plans to launch the first batch of flats on these two sites for sale under the Built-to-Order system in the third quarter of next year.
Construction could start in the first quarter of 2010 and be completed in 2014.
HDB will appoint Surbana later, when the site it worked on is cleared and ready for redevelopment in 2011.
‘The participation of these firms will not only give HDB flat buyers greater variety and choice, it will also bring a livelier, more attractive buzz to Dawson,’ said Senior Minister of State for National Development and Education Grace Fu.
HDB has also appointed a local landscape architectural firm, Cicada Pte Ltd, to draw up a landscape masterplan. The plan will create a distinct identity for Dawson Estate and bring together the three different precincts.
To retain Dawson Estate’s heritage, HDB is inviting the public to contribute items from the district’s past. Selected heritage items will be woven into the new development.
Ms Fu said yesterday that the ‘Remaking Our Heartland’ programme has made much progress. Nevertheless, she added: ‘There will be challenges along the way, such as grappling with inflation and competing for resources amidst the global construction boom, while keeping HDB flats affordable.
Source : Business Times - 31 July 2008
Singapore Property - Buy, Sell, Rent, Invest
Mindy Yong
(+65)91002985
End of the road for 174 Singapore Seletar colonial homes
As aerospace park takes shape, many ‘black-and-white’ homes must go
By VEN SREENIVASAN
(SINGAPORE) The first phase of the $60 million Seletar Aerospace Park (SAP) project is nearing completion and Phase 2 is about to take off, so the agencies spearheading the redevelopment of the complex have been briefing residents and other tenants about the next step forward.
A significant number of the remaining units will be converted to offices and commercial outlets, including F&B and lifestyle clusters around The Oval/Parklane area.
Agency officials, led by Edwin Ho, JTC Corp’s assistant director for industrial parks, met tenants of the colonial ‘black-and-white’ residences last night to inform them that 174 of the 378 buildings could be demolished.
A significant number of the remaining units will be converted to offices and commercial outlets, including F&B and lifestyle clusters around The Oval/Parklane area.
But about 100 will be retained as residences.
All affected tenants will have to move out by this December, while those remaining will have to sign up to new tenancies.
Mr Ho assured everyone that all aspects of the development of SAP were being done with the input of ‘all stakeholders’ including residents, commercial tenants, aviation business operators, the Nature Society and other interest groups.
Other works in the upcoming Phase 2 of the massive project will be road widening and refurbishment of buildings which will be retained.
Phase 2 works will begin next January and stretch until 2013.
Phase 1 has essentially focused on the groundbreaking works for new tenants Rolls-Royce and Pratt & Whitney, and upgrading facilities for existing giants like ST Aerospace and Jet Aviation.
Besides the demolition of old buildings and refurbishment of others, key elements of Phase 2 will also include demolition of the old water reclamation plant located in the complex and the upgrading of the airport and the lengthening of the runway by some 300 metres.
The runway lengthening will be done for 14 hours a day for 18 months, starting this November, with works done at night.
Also starting next January will be works on construction of a new flyover from the Tampines Expressway, which will be the main entrance to the complex. There will also be some road diversions within the area.
A joint project of the EDB, CAAS and JTC Corp, the SAP will host an integrated aerospace industry cluster incorporating maintenance, repair and overhaul, design and manufacturing of aircraft systems and components, business and general aviation, and an aviation campus to train pilots, other industry professionals and technical personnel.
When completed in 2018, the SAP is envisaged to elevate Singapore’s status as an aviation hub, contribute $3.3 billion a year or one per cent of GDP and create jobs for 10,000 people.
Source : Business Times - 31 July 2008
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Mindy Yong
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250m euro carbon trading fund to hit town
It looks at listing, making it the first of its kind in Singapore
By JAMIE LEE
(SINGAPORE) A carbon trading fund worth 250 million euros (S$532.4 million) could be listed in Singapore soon, making it among the first of such funds to debut here.
Asia Carbon Global, a Singapore-based company that offers carbon financing, advisory and trading services, is now in talks with a regional asset management company to bring it to Singapore, group director Dinesh Babu told BT yesterday on the sidelines of a press conference for Carbon Forum Asia 2008 that will be held in Singapore in November.
‘We’re trying to close in 250 million euros and try to ramp it up later,’ said Mr Babu, who declined to identify the financial institution. But the discussions should be wrapped up soon.
‘The expected time frame should be by the end of this year,’ he revealed, adding that discussions are still ongoing as to how to structure, position and launch the fund.
The company has not decided which platform to list on, though the Singapore Exchange and new commodity exchange Singapore Mercantile Exchange are possible candidates.
The new carbon fund would allow sellers of carbon credits to invest in renewable energy projects in the region besides the usual trading in carbon credits, which is what most carbon funds in the market offer, said Mr Babu.
‘It’s easy to guess that it’s going to be in the renewable energy and the energy efficiency sectors, rather than new emerging technologies because then it’ll be a high-risk fund,’ he said. ‘It’ll be more of typical projects like hydro, or solar, wind, or the industrial wastewater technologies.’
A plain-vanilla carbon trading model would not work in Asia because sellers of carbon credits ‘want some participation in the debt or equity of the project’, noted Mr Babu.
‘This type of carbon funds, which are going to come into Singapore in the future, will try to address that concern,’ he explained, adding that a second carbon fund valued at up to 150 million euros could be coming to Singapore as well. He declined to give more details on the deal, which is unrelated to his company.
Founded five years ago, Asia Carbon Global trades an average volume of 200,000 carbon credits, or certified emission reductions (CER), per month. It manages 25 million carbon credits globally, of which 4.6 million comes from Asia, and is now looking to consolidate its position in the Singapore market, said Mr Babu.
Plans for such carbon funds come on the back of growing interest in carbon trading and carbon funds in Asia, with the Hong Kong Stock Exchange and the South Korea Stock Exchange mulling carbon trading following studies on the market. The Multi Commodity Exchange of India has already started futures trading in carbon credits in January this year.
Singapore is also setting up the Singapore Mercantile Exchange by early next year, which would bring in future contracts in carbon credits along with contracts in energy, metals and agriculture. The country has been a key trading centre in Asia for over-the-counter (OTC) commodity derivatives trading in the region, accounting for more than 10 per cent of the global OTC commodities.
‘Singapore has an opportunity to take the leadership as a regional hub for carbon trading,’ said Sharad Somani, director of global infrastructure and projects group at KPMG. ‘It is close to the source (as) the surrounding region generates over 80 per cent of the carbon credits traded today, it is host to many regional and internationals companies, and the industries in Singapore are potentially buyers for such credits going forward.’
But he added that Singapore must beat its regional competitors in designing ‘an attractive policy and regulatory framework’ that would bring more companies to trade on the Singapore exchanges.
The global emissions market doubled in 2007, according to World Bank figures from May 2008, and has hit 47 billion euros in total. Asia makes up 80 per cent of the CER trading, with China comprising more than half of such trades.
Source : Business Times - 31 July 2008
Singapore Property - Buy, Sell, Rent, Invest
Mindy Yong
(+65)91002985
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