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The law. Under the traditional common law doctrine, the 99-year term was not seriously litteral, but merely an arbitrary time span beyond the life expectancy of any possible lessee (user) or lessor (owner). [1][2] William Blackstone (1723–1781, of Commentaries on the Laws of England fame) states that a lease was formerly limited to 40 years ...
The Interlace's site formerly housed the 607 units Gillman Heights Condominium, which is 50 percent owned by the National University of Singapore (NUS). [5] The property was subsequently sold to CapitaLand through a collective sale but the sale was controversial as NUS held a 16 percent stake in Ankerite, a private fund that was a subsidiary of CapitaLand.
A flat stuck with the en-bloc notice. The Selective En bloc Redevelopment Scheme, or SERS for short, is an urban redevelopment strategy employed by the Housing and Development Board in Singapore in maintaining and upgrading public housing flats in older estates in the city-state. Launched in August 1995, it involves a small selection of ...
One Marina Boulevard, sometimes called NTUC Centre, is a 32-storey, 110 m (360 ft) skyscraper at 1 Marina Boulevard, in the zone of Raffles Place and Marina Bay, in the central business district of Singapore. The building is near other skyscrapers, such as One Raffles Quay, The Sail @ Marina Bay and Ocean Building, [ 3 ] all of which are around ...
384. Public transit access. SW5 Fernvale. Website. www.theseletarmall.com.sg. The Seletar Mall (Chinese: 利达广场) is a suburban shopping mall located in Fernvale, Singapore, next to Fernvale LRT station. Construction of the mall started in late 2012 and it officially opened on 28 November 2014. [2]
The site, subdivided into four plots, was let out on 99-year leases in 1964. [23] Since the 1950s, Shenton Way has become known as Singapore's Wall Street, especially after commercial developments and government offices were built there from the 1970s onwards and continues to be a prime commercial address on par with that of Raffles Place today.
Sentosa Cove is a residential enclave in the eastern part of Sentosa Island in Singapore, which is planned to include about 2,500 units when fully expanded. It is largely made up of reclaimed land. [1] The master developer of the site was Sentosa Cove Pte. Ltd., a subsidiary of Sentosa Development Corporation, which purchased the site from the ...
In the early 2020s, Singapore's public housing is located in new towns, in communities that are intended to be self-contained, with services nearby housing blocks, and is either owned by or rented to residents. Lessee-occupied public housing is sold on a 99-year lease and can be sold on the private resale market under certain restrictions.