Business 1 (B1) and Business 2 (B2) are the two main types of zoning for industrial properties (B2). B1 sites are usually for light, clean industries, while B2 sites could be used for heavy industries that have a bigger effect on the environment.
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Data from the Urban Redevelopment Authority (URA) showed that transactions of new homes sales, excluding executive condominiums (ECs), stayed the same in April, with developers transacting 653 units as compared to 654 units in March.
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The closed bids for two state-owned plots were a bit of a mixed bag. Developers were eager to open their wallets for a site in Pine Grove, but they didn’t seem too interested in a large site in Dunman Road.
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Cape Royale is a brand new condominium that is located in the Sentosa area. This property with an address at 25 Cove Way in District 04 has a 99-year leasehold tenure and is developed by Pinnacle Pte Ltd. The property is well-developed with about 302 units which are all with great elegance.
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A Chinese citizen had purchased 20 apartments at CanningHill Piers, a new condominium at Clarke Quay, for more than $85 million.
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