29 Mar '17, 6am

SLA approves 60 percent of lease top-up applications

More building owners are likely to seek lease top-ups from authorities as the stock of buildings developed on 99-year leasehold sites sold by the Singaporean government since the late 1960s gets older. Since 2007, the Singapore Land Authority (SLA) has processed 56 applications for lease extensions, but only 60 percent were approved and the rest were rejected. According to a spokeswoman for SLA, leases in land-scarce Singapore are mostly allowed to expire with no extension. This policy allows the government to recover lands upon lease expiry and reallocate them to meet rapidly changing socio-economic needs. “Nevertheless, lease extensions can be considered on a case-by-case basis,” she said. In evaluating applications for lease extensions, the government considers many factors such as the long-term planning intention for the site and if the proposed use would optimise land...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

More properties, more opportunities!...

propertyguru.com.sg 30 Mar '17, 10am

Kallang River is set to get a facelift, which will include new waterfront homes and recreational facilities. (Photo: URA) ...

Wong: Not all old HDB flats are eligible for SE...

propertyguru.com.sg 28 Mar '17, 5am

Most of the HDB flats will see their leases run out, with the flats returned to the government. Do not assume that all old...

Linux-Fu: Applications on the Web

hackaday.com 31 Mar '17, 2pm

Did you know you can run remote Linux GUI programs in a browser with HTML5 support? It’s even secure because you can use S...

Linux-Fu: Applications on the Web

hackaday.com 31 Mar '17, 2pm

Did you know you can run remote Linux GUI programs in a browser with HTML5 support? It’s even secure because you can use S...

Some stunning properties #Property #Luxury

architecturebeast.com 03 Apr '17, 3pm

What makes these modern house designs so special and different from others? Well, one of the criteria was location of the ...

Why you Should not use a Class as a Namespace in Rails Applications | RubyMine Blog

Why you Should not use a Class as a Namespace i...

blog.jetbrains.com 30 Mar '17, 2pm

To avoid this problem, you should use different names for your model class and your namespace, for example, Staffs::ItemsC...