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Thread: Singapore Also Can
03-21-2012, 09:45 PM #5849
Expat schools to get more land to attract foreigners to stay
This will spur them to think long-term about presence here
Published on Mar 22, 2012
Canadian International School students perform a scene from the musical Footloose at the opening of its new Jurong West campus. The campus facilities include a 500-seat auditorium, swimming pool and soccer pitch. -- ST PHOTO: SAMUEL HE
By Amelia Tan
The Government will be releasing more land for international schools to use, so that Singapore continues to attract foreigners to live and work here.
Second Minister for Trade and Industry S.Iswaran said that leasing out land for long-term use by international schools will encourage them to take a long-term view of their presence here.
He said the Government has been encouraging international schools 'to set high standards and to invest in the resources that are commensurate with the expectations of parents and students in this global environment that we live in'.
Mr Iswaran was speaking at the official opening of the new $140 million Canadian International School (CIS) in Jurong West. It sits on a 43,000 sqm plot of land, which has been leased from the Government for 30 years. The Jurong West campus currently has about 1,800 students aged between three and 18 years. The school plans to meet the maximum capacity of 3,300 in about three to five years. A further 750 students study at its Tanjong Katong campus.
03-21-2012, 10:00 PM #5850
New York City gets Lee Kuan Yew prize
04:45 AM Mar 22, 2012
SINGAPORE - New York City has been awarded the prestigious Lee Kuan Yew World City Prize this year, after beating more than 60 nominations from all over the world.
The prize was awarded yesterday to the Mayor of New York City Michael Bloomberg, and the city's Departments of Transportation, Recreation, and City Planning and Parks for the city's transformation after the devastating Sept 11 attacks over a decade ago.
The biennial award goes to cities and their administrative departments for outstanding contributions towards creating vibrant, liveable and sustainable urban communities.
Cities and their people will need to live with changes and transformation in order to stay competitive, said Mr Bloomberg as he accepted the award at Raffles Hotel.
"The pace of change is going to continue to grow and we're going to have to learn how to live with that, and it's going to provide great challenges to governments and to peoples, whether you're in Singapore, New York, or any other city," said Mr Bloomberg.
"The difference is, successful cities will find ways to cope and unsuccessful cities will just throw up their hands.
"If you had to make a bet, you'd bet on those who have been able to deal with change - like Singapore and like New York, and they're the ones most likely to be able to cope in the future."
Professor Kishore Mahbubani, chairman of the prize nominating committee and dean of the Lee Kuan Yew School of Public Policy, said of New York City: "It's a very old city, very difficult to manage (and) has gone though very difficult times.
"On a scale of difficulty, with one being the easiest (and) 10 being the most difficult, New York City is close to 10 in terms of difficulties in transforming and reinventing itself."
The fact that New York City could against great odds transform itself was "a very strong winning point", he said, adding that Singapore can learn from how New York City has managed to accept and live with diversity.
"I think one of the biggest mistakes Singapore has made recently is the belief that it is actually quite easy to be open, to welcome immigrants, to absorb them and to live with them. Now we're discovering it's not so easy," he said.
"Frankly, New York City's capacity for absorbing immigrants is probably number one in the world."
He added: "New York's capacity to accept diversity and to live with it is, I think, one of its great strengths - and I think that's something Singapore can learn from.
"Singapore now has the great opportunity to become the capital city of Asia. Frankly, we're entering the Asian century; everybody wants to come to Asia. And just like New York City was the iconic city for the American century, Singapore can become the iconic city for the Asian century.
"So to become the iconic city of the Asian century, we must learn to be more open, accept diversity and take full advantage of it - the way New York City did."
Mr Bloomberg also met Prime Minister Lee Hsien Loong and other Cabinet ministers at the Istana yesterday evening.
The World City Prize is jointly organised by Singapore's Urban Redevelopment Authority and the Centre for Liveable Cities.
PM Lee Hsien Loong and New York City Mayor Michael Bloomberg at the Istana yesterday. Photo by DON WONG
03-21-2012, 10:07 PM #5851
Formula One warming up for Singapore IPO
10:31 AM Mar 22, 2012
LONDON - Formula One chief Bernie Ecclestone said yesterday he had recommended Singapore as the best place to float the motor racing business, seeking to tap Asian enthusiasm for international sporting brands.
Mr Ecclestone, 81, stressed that he made the proposal, but a decision on any flotation was up to CVC Capital Partners, the private equity company that has owned a majority of the business since 2006.
English soccer champions Manchester United also had plans for a US$1-billion (S$1.26-billion) flotation in the southeast Asian city state last year but put them on ice because of market volatility.
The diminutive Mr Ecclestone, a former driver and team boss, has built Formula One - and with it his estimated US$4.2 billion fortune - from a circuit for motoring enthusiasts into a global enterprise that draws more than half a billion TV viewers for its races.
It is banking on further geographical spread to keep its revenues growing, with a return to the United States later this year for a Grand Prix in Texas, after last year's inaugural race in India, and Russia joins the calendar in 2014. It will also race in Bahrain this year, despite continuing unrest, after last year's contest was shelved following a bloody crackdown on pro-democracy protests.
A flotation for F1 has long been mooted, but the issue is made more urgent by the expiry this year of a confidential commercial agreement between the rights holding company and the teams whose cars compete in the 20-race series.
Ecclestone said the flotation plan was not linked to the agreement with the teams and denied reports that Italy's Ferrari, the sport's best known team, and current champions Red Bull could be offered a stake in the business.
CVC, which owns 63.4 per cent of F1, would continue to be a long-term holder of the business, and the initial public offering option being explored is for only part of the company, a source close to the matter said.
Britain's Sky News has reported that CVC has asked Goldman Sachs to examine a placement of some F1 shares with a new investor as a precursor to a formal Singapore IPO.
The Sky report put a potential valuation of over US$10 billion on the business. Goldman Sachs and CVC declined to comment.
A minimum 15 per cent float in Singapore would make the deal worth US$1.5 billion.
Investor reaction to such a listing could be difficult to gauge as there was plenty of scepticism around Manchester United's business and profitability when the club was preparing for a public float last year.
"The same thing will apply to F1. At the end of the day it depends on their profitability and whether they can generate returns for shareholders," said Mr Ng Kian Teck, lead analyst at SIAS Research in Singapore.
"But F1 has good branding and strong market share, and they are probably one of the few players that could do racing events to their kind of scale. That would probably put them on a better foothold compared to Man U."
The F1 series had annual sales of US$1.55 billion and employs 200 people, according to the CVC website.
F1's revenue for the current season, which began at the Australian Grand Prix on Sunday, will reach US$2 billion for the first time, said industry monitor Formula Money.
In a recent report, Formula Money added that new races in the United States and Russia would help boost income from F1's commercial rights by almost 50 per cent to US$2.9 billion by 2015. REUTERS
03-21-2012, 10:13 PM #5852
Changi Airport sees 11.2% rise in passenger traffic
by Linette Lim
04:45 AM Mar 22, 2012
SINGAPORE - Passenger traffic at Changi Airport increased by 11.2 per cent year-on-year to 3.77 million last month.
According to the Changi Airport Group (CAG) yesterday, there had been "strong travel demand across all regions".
In particular, traffic between Singapore and the Middle East grew by more than 20 per cent, while traffic from other regions - the Americas, Europe, South Asia and South-east Asia - also saw double-digit growth.
Accordingly, aircraft landings and take-offs rose by 13.1 per cent to 24,900 flights.
Cargo movements, which had declined by 7.1 per cent in January due to the Chinese New Year holidays, rebounded.
Data from the CAG showed that 143,900 tonnes of cargo was handled last month, up by 12.4 per cent year-on-year.
Airfreight movements also grew 2 per cent year-on-year during the January-February period.
As of March 1, Changi Airport serves about 100 airlines operating more than 6,100 weekly flights.
Singapore Changi Airport. TODAY FILE PHOTO
03-21-2012, 10:17 PM #5853
Coming soon: A better way to treat cataracts
by Amanda Lee
04:45 AM Mar 22, 2012
SINGAPORE - A safer, more reliable way has been rolled out by the Singapore National Eye Centre (SNEC) to help treat cataracts, an age-related eye disease.
The centre will introduce a femtosecond laser technology system, previously used in LASIK surgery, to perform cataract surgery procedures. This will give ophthalmologists more control when performing microsurgery within the eye, which may result in safer and more effective outcomes for patients.
The technology will also allow the SNEC to ensure "better and more predictable outcomes" for patients, said Professor Donald Tan, the centre's medical director.
Femtosecond lasers emit optical pulses of extremely short duration, allowing tissues to be cut more precisely and with almost no heat development.
They also allow perfectly-centred shapes and patterns to be cut into the existing lens. The level of accuracy is higher than that possible with an ultrasound tool, which is the predominant technology used by cataract surgeons in removing the cataractous lens.
The new system also offers the potential for bladeless surgery, as some lasers can now make corneal incisions.
With the new technology, patients will pay the same rates as conventional cataract surgery. Average surgery time, however, will be shorter.
"The future of cataract surgery lies in refractive-like outcomes, which SNEC has been evaluating for the last two years," said Associate Professor Chee Soon Phaik, head and senior consultant at the SNEC, who performed the procedure on 18 cataract patients overseas last year.
The SNEC will launch the surgery at the end of this month or in the first week of next month.
03-21-2012, 10:20 PM #5854
National Plan of Action launched to combat human trafficking
By Saifulbahri Ismail | Posted: 21 March 2012 1259 hrs
SINGAPORE: Singapore has launched its National Plan of Action against Trafficking in Persons aimed at taking a more holistic fight against human trafficking.
This comes after a three-month long consultation with various stakeholders such as non-governmental agencies and foreign governments.
This is the first time the country is taking a whole-of-government approach to tackle the issue.
An inter-agency task force made up of officials from agencies like the Manpower Ministry, the Home Affairs Ministry and the Community Development, Youth and Sports Ministry was set up in 2010 to address this.
The plan seeks to provide a common definition for trafficking to enhance the processes in victim identification and protection.
03-21-2012, 10:27 PM #5855
UN chief Ban to visit Singapore
Posted: 21 March 2012 1845 hrs
SINGAPORE: United Nations Secretary-General Ban Ki-moon is making an official visit to Singapore.
The visit from March 22-23 is at the invitation of Prime Minister Lee Hsien Loong.
Mr Ban will be accompanied by his wife Mrs Ban Soon-taek, Under-Secretary-General and Executive Secretary of the Economic and Social Commission for Asia and the Pacific Ms Noeleen Heyzer and senior officials from the UN.
This will be Mr Ban's first official visit to Singapore as UN Secretary-General.
During his stay, Mr Ban and his wife will call on President Tony Tan Keng Yam and Mrs Tan.
Mr Ban will meet Prime Minister Lee who will also be hosting a dinner in honour of the visitors.
Mr Ban will also be hosted to lunch by Emeritus Senior Minister Goh Chok Tong and meet Minister for Foreign Affairs and Law K Shanmugam.
Mr Ban will deliver the inaugural IISS Fullerton Lecture organised by the International Institute for Strategic Studies (Asia).
03-21-2012, 10:35 PM #5856
$976m shopping and arts complex near Holland V
Published on Mar 22, 2012
A mock-up of Bouna Vista's first major mall in over 30 years, The Star Vista, which is due to open in September 2012 and boasts a 5,000 seat theatre. -- ST PHOTO: MARK CHEONG
By Jessica Lim
It has long been a hit with shoppers and diners alike. But for some, Holland Village is becoming a little too popular for its own good.
Now, however, a new $976 million shopping and arts complex is set to take some of the pressure off the increasingly crowded enclave.
Due to open in phases from September, The Star will be built next to Buona Vista MRT station and contain both a mall and a theatre. The development, which will have 110 shops and restaurants, is expected to serve more than 400,000 people within a 5km radius, said its general manager Billy Chua at the launch on Wednesday.
This may be welcome news for residents, many of whom say other shopping spots nearby have become too packed. Mrs Susan Lim, 35, who lives a five-minute drive from the upcoming mall, Star Vista, said: 'Holland Village is getting really crowded. The coffee places there are always so packed. The new mall will give us all more options.' The nearby Jelita Shopping Centre also often has cars lining up for a parking space at weekends.
03-21-2012, 10:51 PM #5857
New Orchard mall to feature library, hotel and offices
Published on Mar 21, 2012
Artist's impression of OrchardGateway. Expected to be ready in the second half of next year, this ground-breaking development is made up of two diagonally opposite sites. -- PHOTO: ORCHARD GATEWAY
By Esther Teo
A new Orchard Road mall will also feature an office block, a 500-room hotel and a library, its developers said on Wednesday.
Orchardgateway, as it will be named, will comprise two towers on opposite sides of the road near Somerset MRT and linked by a glass overhead bridge. It is being jointly developed by OCBC Bank, Great Eastern Holdings and United Engineers.
The retail portion features 180,000 square feet of leasable space over six floors, including two basement levels, for fashion outlets, lifestyle stores, restaurants and cafes. Office units will be situated above the six floors of shopping in one tower, while the other tower will house a hotel.
Orchardgateway is targeted to open in the second half of next year. The development will also feature an 18,000 sq ft library at the mall, named library@orchard, which will open in 2014.
03-21-2012, 11:20 PM #5858
Eurasians gather for first reunion
Many from across Asia-Pacific to attend two-day event
Published on Mar 22, 2012
By Jennani Durai
More than 200 Eurasians from across the Asia-Pacific will gather in Singapore on Friday for the first Eurasian Reunion.
Organised by the Eurasian Association here, the event aims to connect the community across the region, as well as to 'renew old ties, make new friends, and celebrate our shared history, culture and heritage', said association president William Jansen.
The two-day event will include a conference with a panel discussion, a gala dinner and the opening of the refurbished Eurasian Heritage Centre, situated in the Eurasian Community House along Ceylon Road.
Mr Jansen told The Straits Times that he first had the idea of a Eurasian reunion in 2010, after attending the World Anglo-Indian Reunion in Perth, Australia.
03-22-2012, 01:40 AM #5859
Two of my varsity friends and I visited New York last October and we stayed in a hotel just overlooking the site which was then a great hive of activity.
A number of skyscrappers surrounding Ground Zero were almost completed but some sites were still at foundation level. After about five months later, it will be another surprise transformation I'm sure.
Anyhow, I now share with you some of what we saw then.
03-22-2012, 10:11 PM #5860
Singapore named most competitive economy in Asia
Published on Mar 23, 2012
Singapore has the most competitive economy in Asia, according to a report released on Wednesday by the Boao Forum for Asia. -- THE BUSINESS TIMES PHOTO: ARTHUR LEE CH
Singapore has the most competitive economy in Asia, according to a report released on Wednesday by the Boao Forum for Asia.
The report said the city-state topped a list that reflected the strength, social development, infrastructure, human capital and innovation of 37 Asian economies.
Trailing Singapore were Taiwan, Hong Kong, Japan and South Korea.
Singapore has topped the list for two consecutive years, according to the English-language China Daily.
03-22-2012, 10:27 PM #5861
MediaCorp recognises 3 outstanding women
Updated 08:30 AM Mar 23, 2012
SINGAPORE - One is a woman who lost her sight at the age of eight but went on to be a professional counsellor to help others.
The second is a tireless social activist who dedicates her time to providing assistance and emotional support to migrant workers here.
The last is a breast cancer survivor who now spends her time educating young women about breast cancer.
Ms Cassandra Chiu, Ms Bridget Tan and Ms Theresa Tan were all honoured with the Singapore Woman Award 2012 for their notable contributions to society by Minister of State (Community Development, Youth and Sports) Halimah Yacob at the Shangri-La Hotel last night.
Into its fifth year, the Singapore Woman Award is organised by MediaCorp to applaud the ordinary women who have done extraordinary work that benefits society. This year marks the first time in the award's history that more than one woman has been named as winner.
The three amazing women touched the hearts of the judging panel that included outstanding women like Mrs Laura Hwang, president of the Singapore Council of Women's Organisations (SCWO), Ms Elim Chew, founder and president of 77th Street, Ms Pat Lim, managing director of UM Singapore, Ms Lim Suat Jien, executive vice-president (TV programme and production, Channel 5 and Okto) at MediaCorp, and Ms Florence Lian, managing director for Radio at MediaCorp.
Mr Walter Fernandez, editor of Today, the only man in the judging panel, said judging the Singapore Woman Award "was a humbling experience".
"Each of the three women is special in her own way. Their positive outlook on life, even in the face of adversity, and their ability to motivate others touched the hearts of all the judges. So it was no surprise to me that the judges decided - unanimously and quite spontaneously - to have three winners instead of the usual one," he added.
Ms Chiu, who runs her own counselling practice, The Safe Harbour, has also won two other awards for her voluntary work with the Singapore Association for the Visually Handicapped. The 33-year-old provides pro-bono counselling services to other members and helps out at association events as emcee or performer.
Ms Bridget Tan, 64, is a well-known and well-respected figure in the migrant worker community in Singapore - both among workers and civil society.
She used her Central Provident Fund savings to set up the Humanitarian Organisation for Migration Economics, which has provided direct assistance to more than 50,000 men and women migrants and victims of human trafficking and forced labour. Last year, she received the "2011 Hero Acting to End Modern-Day Slavery Award" from US Secretary of State Hillary Clinton.
Writer and editor Theresa Tan, a breast cancer survivor, set up a blog to reach out to other women like her, providing advice on breast cancer and its treatments and implications.
The 45-year-old has also given talks to insurance planners like Great Eastern and NTUC Income to increase civic awareness on the importance of insurance policies for women's conditions.
Ms Tan, who discovered she had breast cancer in 2010, has since recovered from the illness after going through surgical removal of her right breast, followed by breast reconstruction. Ever indefatigable, she went on to run 82km in seven races last year, including the Standard Chartered Half Marathon.
From left: One of the judges and GM, Marketing, Robinsons, Donna Chua; Minister of State for Ministry of Community Development, Youth and Sports Halimah Yacob; winners of The Singapore Woman Award 2012, Bridget Tan, Theresa Tan, Cassandra Chiu, and MediaCorp CEO Shaun Seow. Photo By WEE TECK HIAN
03-22-2012, 10:36 PM #5862
SIT may be further developed
Committee studying university sector unveils its plans at dialogue session
by Tan Weizhen
04:45 AM Mar 23, 2012
SINGAPORE - As the Government looks for ways to create more degree opportunities for Singaporeans, the Singapore Institute of Technology (SIT) may be further developed as an institution, Minister of State for Education Lawrence Wong signalled yesterday.
Mr Wong, who heads a committee studying ways to expand the university sector here, also mooted more ideas that have surfaced after months of work by the committee. These include diversifying the types of programmes being offered at universities here and transforming the curriculum to become more practice-based - such as having more work-study programmes.
He was speaking to reporters after a dialogue with 400 people from the education industry yesterday.
Topics discussed included concerns that industry-linked tertiary institutions may be perceived as inferior to existing research-intensive universities, such as the National University of Singapore and Nanyang Technological University. Some also sought a broader range of degree programmes, while others were concerned about an oversupply of graduates.
Speaking to reporters after the two-hour dialogue, Mr Wong said that one of the options being studied involves developing the SIT into an institution to complement existing universities and even offer its own courses.
He said: "There's scope for SIT to move further. For example, will it include SIT offering its own degrees? Basically SIT being transformed into a university in its own right, offering a very different kind of programme - practice-oriented, teaching university, in partnership with some of its overseas partners as well."
The SIT, which was set up to offer polytechnic graduates an additional route to a university degree, differs from the other three publicly-funded universities here as it offers niche degrees through tie-ups with overseas institutions.
Mr Wong, however, stressed that the best recommendation for the SIT has not yet been decided.
He also emphasised that, to meet the increasingly diverse aspirations of Singaporeans and more complex demands of the economy, the types of programmes offered need to be diversified.
There have been calls for Singapore institutions to offer more niche courses, such as in sports, hospitality, veterinary science and the arts.
Mr Wong also elaborated on the strategy of having "academic studies closely integrated with work", such as by offering cooperative programmes, meaning undergraduates will work in the industry for entire semesters. Such a practice is common in American and Finnish universities.
"These are offered by high quality universities, and the outcomes have been very positive. This will also go some way in addressing some concerns expressed earlier ... their fear that this new university model might be inferior to our existing university pathways," he said.
During the two-hour town hall session at Ngee Ann Polytechnic, the 15-member university committee took many questions from the audience, which comprised polytechnic and university students and teachers, some from the private education sector.
Employers, including a mix of multi-nationals and small and medium-sized enterprises, were also present.
The committee, which comprises industry chiefs and university and polytechnic heads, will finalise its recommendations by the later half of the year. In the meantime, it plans to go on more study trips and hold more focus groups.
The SIT Open House at the Suntec Centre.
03-22-2012, 10:44 PM #5863
Underground caverns could solve flooding woes
by Esther Ng
04:46 AM Mar 23, 2012
SINGAPORE - Building rock caverns under reservoirs to capture storm water could be a possible solution to flooding and water shortage issues in Singapore.
Such caverns would also reduce the energy spent on desalination, said National University of Singapore (NUS) adjunct professor of engineering Lui Pao Chen.
Speaking at a talk organised by the NUS Global Asia Institute yesterday in conjunction with World Water Day, Prof Lui suggested that such facilities could be realised sooner than was expected.
"The Singapore authorities are very serious … The reason is that we've run out of land," said Prof Lui, who also serves as an adviser to the National Research Foundation. "If rainfall intensity were to increase, we got no choice but to go below with tunnels."
These tunnels could run 100m underground into rock caverns. A possible location would be below the Central Catchment Area.
National water agency PUB is already looking into the idea of using rock caverns as a "solution" to increase the capacity of Singapore's reservoirs, Prof Lui added.
He declined to say how soon the Government would embark on such a project but said that the average cost of building such a facility is S$100 per cubic metre.
The reservoir will have a number of caverns to meet the storage capacity needed, with each cavern envisaged to be between 200,000 and 500,000 cu m.
Going underground is not alien to Singapore. Industrial developer and landlord JTC Corporation is set to finish work on the first phase of the Jurong Rock Caverns between next year and 2014.
Associate Professor Susanto Teng from the Nanyang Technological University's Civil Engineering Department told Today that the properties of the rock will determine the size of the tunnel and cavern.
"Tests will have to be done to see if the rock is stable and can withstand pressure from above. If not, it will have to be strengthened, but this adds to cost," he said.
When contacted, a PUB spokesperson said: "PUB will be exploring the feasibility of underground rock caverns as a possible long-term solution to store storm water."
Meanwhile, the Government is studying global climate models and will expand canal capacity and other drainage projects over the next five years.
In the meantime, it could explore borrowing or renting basement car parks from building owners and retrofitting them into storage tanks should flooding become more frequent, said Associate Professor Liong Shie-Yui from the NUS Civil Engineering Department, who also spoke at the talk.
Storage facilities could be built from the sea bed to sea level to store water and oil or serve as warehouses, while above sea level, these concrete structures can be buildings, suggested Assoc Prof Teng.
Singapore is also exploring building cities underground. Tokyo and Montreal already have retail and commercial spaces below ground, Prof Lui said.
"The volume of the caverns for the underground city will depend on their usage. It can vary between 20,000 to 50,000 cubic metres," he said.
The underground rock cavern oil storage project at Jurong Island. Underground caverns may soon be used to expand Singapore's water storage capacity and alleviate flooding. PHOTO COURTESY JTC
03-22-2012, 10:47 PM #5864
Singapore ranked most prolific in Asia Pacific for research articles
05:44 PM Mar 22, 2012
SINGAPORE - Singapore has emerged as the most prolific publisher of research articles in Asia Pacific, according to a report by the Nature Publishing Group.
Singapore also maintains its fifth-place ranking, after Japan, China, Australia and Korea, in the output of research articles published in Nature Journals.
Singapore produced 10.39 research articles per million population and 1.90 articles per thousand research scientists, beating other higher-ranked countries for research productivity according to the Nature Publishing Index 2011 Asia-Pacific.
In comparison, Japan, which is ranked first in output of research articles, published 2.83 research articles per million population and 0.43 research articles per thousand researchers.
The Agency for Science, Technology and Research (A*STAR) which released the data said the high productivity by Singaporean scientists bears testimony to the country's strong commitment to investing in research and development.
Chairman Lim Chuan Poh said their research, published in a high impact journal like Nature, reflects the deep scientific capabilities of A*STAR and both the National University of Singapore (NUS) and the Nanyang Technological University (NTU).
Based on the 2009-2011 period, A*STAR is placed 15th out of 200 research institutions in Asia Pacific, with NUS and NTU emerging 18th and 35th respectively. CHANNEL NEWSASIA
03-22-2012, 10:54 PM #5865
Keppel Land ropes in star architect for new project
Site at Keppel Bay to offer 367 high-end homes
Published on Mar 23, 2012
Mr Daniel Libeskind, who will design Keppel Land's latest waterfront project, is also the architect behind Reflections at Keppel Bay. He says the new project will take into account the long and narrow 'geography' of the site. -- PHOTOS: CAROLINE CHIA, LIANHE ZAOBAO
By Esther Teo, Property Reporter
Developer Keppel Land is planning a waterfront project of 367 high-end homes along the historic King's Dock, with renowned architect Daniel Libeskind as the designer.
The estate, known as Plot Three for the moment, will be built on a 417,883 sq ft site.
This is about half the land area of Keppel's 1,129-unit Reflections, a project nearby that also employed Mr Libeskind, famed for his designs of the Jewish Museum in Berlin and the Denver Art Museum in the United States.
Mr Augustine Tan, Keppel Land's president of Singapore Residential, said it is not pressed to sell Reflections at lower prices and has not absorbed the recently introduced additional buyer's stamp duty for any of its buyers.
Keppel also developed the 969-unit Caribbean at Keppel Bay, which was finished in 2004, so its new project will be its third waterfront development in the Telok Blangah area.
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