He probably act blur or simply ignored the enbloc fever that had + will be taking down XX,XXX units over 2-3 years."Some 42,200 new private homes are slated for completion from the second half of this year to 2010, he said, as compared with a historical demand of between 8,000 and 10,000 units a year."
But the big question is the demand right now equivalent to historical demand. I am sure it far exceeds historical demand in which case the 42,000 homes might be insufficient. Mah Bow Tan is trying very hard to fool investors.
yes, URA did reveal that it is studying the entire site for a future development.I was at URA today.
I found that URA has just zoned Capitol Building, Capitol Centre (Capital Theatre ), and Stamford building as conservation area.
They were not conserved previously.
URA has also zoned Peninsula Plaza together with the above 3 conserved buildings into Commercial zone with a plot ratio of 3.5.
I believe this is part of the plot increase at North Bridge road in the 2008 master plan.
OK. tell that to Goh's elderly voters.Many hotels in CBD and Marina Bay.Is high time they built hotels along the East Coast with seaview.How about that!If we could we should SERS those old Marine Parade flats and sell the seaview fronting plot to overseas investors to built hotels and resorts.Marina Bay already too crowded.No more space to expand.
Hotels along ECP?.Rumour.