Tuesday, 14 October 2014

No new eateries allowed in 7 areas: 4 things to know about the URA rule


Visitors walk past rows of parked vehicles, located alongside the many eateries at Jalan Riang on Oct 11, 2014. The Urban Redevelopment Authority (URA) has banned more new restaurants from setting up shop in seven locations to prevent parking problems from worsening. -- ST PHOTO: DESMOND LUI
SINGAPORE - The Urban Redevelopment Authority (URA) has banned more new restaurants from setting up shop in seven locations to prevent parking problems from worsening. The new locations add to the URA's list of areas where no additional eateries are allowed. There are now 18 areas on the list which was first started in 2002.

We look at four things about the move to rein in problems faced by residents in areas with many popular food joints:

1. Which are the seven new areas which now come under the URA restriction?

- Changi Road: Jalan Eunos/Still Road to Jalan Kembangan/Frankel Avenue

- Upper Paya Lebar Road: Lorong Ah Soo to Paya Lebar Crescent

- Bukit Timah Road/Dunearn Road: Binjai Park (Jalan Jambu Mawar To Jalan Jambu Ayer); Bukit Timah Road (Wilby Road to Elm Avenue); Bukit Timah Road (Anamalai Avenue to Fourth Avenue)

- Sembawang Road: Mandai Road to Transit Road

- Kampong Glam: Bounded by Victoria Street, Jalan Sultan, Beach Road and Ophir Road

- Kampong Bahru Road/Spottiswoode Park Road: Blair Road to Everton Road; Everton Road to Neil Road

- Jalan Riang

2. Which are the areas which are already on the list?

- Balestier Road: Thomson Road to Moulmein Road

- East Coast Road: Joo Chiat Road to Still Road; Still Road to Telok Kurau Road; Lothian Terrace to Siglap Road

- Joo Chiat Road Area: Joo Chiat Road (Changi Road to East Coast Road); Joo Chiat Place (Joo Chiat Road to Still Road)

- MacPherson Road: Woodsville Interchange to Kallang Pudding Road

- Upper Serangoon Road: Tampines Road to Lim Ah Pin Road

- River Valley Road: Zion Road to Kellock Road

- Geylang Road: Lorong 1 Geylang to Paya Lebar Road

- Tanjong Katong Road: Dunman Road to Mountbatten Road

- Greenwood Avenue: Junction Of Greenwood Avenue And Hillcrest Road

- Sembawang Road: Jalan Mata Ayer to Yishun Avenue 5

- Serangoon Garden Way: Kensington Park Road To Maju Avenue; Chartwell Drive To Penshurst Place

3. What's the impact of the URA restriction on some of the areas on the list?

Joo Chiat

In Joo Chiat, traffic woes led the URA to stop issuing dine-in licences in 2008 to new eateries – unless the premises was originally marked for such use. Road dividers were installed to stop illegal parking.

Read the story here: URA firm on dine-in ban in Joo Chiat

Serangoon Gardens

The middle-class housing estate is packed with restaurants, coffee shops and cafes, as well as the popular Chomp Chomp and Serangoon Garden hawker centres. Acting on residents’ complaints, the URA imposed a ban in February 2012: No more Serangoon Garden shophouses can be turned into food joints.

Read the story here: Restaurant ban to ease traffic at Serangoon Garden

Sembawang

Some 24-hour eateries were asked to close earlier following complaints from residents about noise, littering and parking woes.

Read the story here: Restaurant appeals against restrictions on opening hours

4. What about popular areas which are not on the URA list? Any measures in place?

The URA and other relevant authorities have also taken steps to address noise and traffic concerns in areas which are not on its list.

In Tiong Bahru where eateries and cafes have sprung up in recent years, the URA and Housing Board have turned down some new applications to turn shop premises into eateries. Residents have complained about noise, traffic and fewer shopping options.

Read the story here: Govt keeps lid on eateries in Tiong Bahru

In Yio Chu Kang Road, some restaurants were ordered to close after they failed to do enough to address complaints from residents despite being granted a grace period to fix the problem.

Read the story here: Yio Chu Kang eateries ordered to close after grace period ends

- See more at: http://www.straitstimes.com/news/singapore/more-singapore-stories/story/no-new-eateries-allowed-7-areas-4-things-know-about-the-#xtor=CS1-10

Wednesday, 1 October 2014

Super penthouse in Singapore sold for over $16 million

A mega-penthouse measuring 10,710 sq ft at Goodwood Residence by GuocoLand was recently sold at an eye-popping price of $16.6 million, after being advertised on PropertyGuru.

This works out to a psf price of about $1,550 said the property agent with ERA who closed the deal in May this year, but declined to be named.

The five-bedroom apartment is located on the top floor and comes with posh features such as a private lift and rooftop swimming pool.

According to the agent, the purchase was made by a foreigner. Although not much is known about him, PropertyGuru understands that he’s middle-aged and currently working in Singapore.

Meanwhile, listing details on PropertyGuru show two other similarly sized penthouses in this condominium are up for sale at guide prices of $15.9 million and $18 million.

Apparently, Malaysian tycoon Quek Leng Chan of GuocoLand picked up the biggest penthouse in the 12-storey project for $18.8 million, stated media reports from 2010. His sister Guat Kim also purchased an apartment unit on the eighth floor for $6.03 million, and their brother Leng Hai bought another penthouse for more than $13.8 million.

Located along Bukit Timah Road in District 10, the 210-unit freehold condo was completed at the end of 2013. Facilities include a concierge service for all owners and a clubhouse with a kitchen designed by celebrity chef Justin Quek, who opened the Sky on 57 restaurant at Marina Bay Sands.

Spanning 2.5ha, the development also stands out for being one of the largest freehold sites in the area and is close to Orchard Road, the Tanglin and American clubs, and good schools.

Despite the heavily reported slowdown in Singapore’s luxury residential market, the ERA agent said there are still viewings and sales taking place in this segment.

“Regardless of the market sentiment, genuine buyers remain interested and go in with an advantage due to the lower prices,” she noted.

Flash estimates of the URA price index for Q3 2014 released this morning revealed that prices of non-landed properties in the Core Central Region (CCR), which includes District 10, fell  0.9 percent after decreasing 1.5 percent in the previous quarter.

Image: Artist’s impression of Goodwood Residence in D10.

Romesh Navaratnarajah, Singapore Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg