HDB receives 6 bids for Choa Chu Kang site
Posted: 22 March 2011 1841 hrs
SINGAPORE : The Housing and Development Board (HDB) has received six bids for the land parcel proposed for executive condominium (EC) housing at Choa Chu Kang Drive.
The 49,250 square metre site was launched for sale on January 21 and closed at noon on Tuesday.
The highest bid came from Camborne Developments at S$170.1 million, followed by a joint bid of S$159 million by FCL Tampines Court and Keong Hong Construction.
The lowest bid of about S$117.2 million was submitted by Mezzo Development.
The 99-year leasehold site has a maximum gross floor area of 49,251 square metres, which could yield about 490 units.
HDB said it will announce the award of the tender at a later date after the bids have been evaluated.
CBRE Research said the top bid of S$170.1 million reflects S$321 per square foot (psf) per plot ratio and translates to a breakeven cost of around S$650 psf.
Li Hiaw Ho, executive director, CBRE Research, said: "The subject site is situated at Choa Chu Kang Drive, adjacent to Mi Casa condominium which is currently under construction. It is just a few minutes' walk from Choa Chu Kang MRT station and Lot 1 shopping mall."
He added: "In January-February 2011, units in Mi Casa were sold at around S$800 psf. It is likely that the new EC project can fetch around S$700 psf on the average, a differential from the price of private condominiums to take into consideration the eligibility conditions attached to EC projects."
- CNA/al
- wong chee tat :)
Thursday, March 24, 2011
Singapore explores metrics guidelines for data centers
Singapore explores metrics guidelines for data centers
HP commissioned to carry out study looking at data center efficiency
Published 23rd March, 2011 by Penny Jones
HP is studying Singapore’s enterprise data centers to create energy efficiency benchmarks that can be used by Singapore’s government to set guidelines and even possibly regulation in future.
Figures on energy consumption and the performance of more than 20 companies with enterprise-sized data center operations will be recorded to devise the baseline, used to asses current and future builds.
Director of HP Critical Facilities Services Ed Ansett, who is based in Singapore, said legal requirements are the first aim of the Singapore Green Data Center Standard project but eventually the research could be used for regulating the data center industry.
“The NEA (National Environment Agency) will probably come out with some guidelines using the information but they mostly want to understand the status of data centers in Singapore, to benchmark a large number of these and then make some recommendations on improving energy efficiency,” Ansett said
At the moment there is no legal requirement for energy efficiency in Singapore but Ansett said a lot of large data center operators do measure power usage effectiveness (PUE).
Data center operators in Singapore have to be conscious of efficiency if they want to overcome high costs associated with power and cooling, according to Ansett.
“In tropical climates like Singapore cooling bills are disproportionately high when compared to commercial buildings in more temperate climates such as Australia,” Ansett said.
“Temperature and humidity is relatively constant and high all year round.”
The Infocomm Development Authority of Singapore is supporting the initiative and will use the data gathered to identify areas for standardization and highlight data center issues, HP said.
The study will highlight mechanical, electrical and operational issues in the data centers studied.
- wong chee tat :)
HP commissioned to carry out study looking at data center efficiency
Published 23rd March, 2011 by Penny Jones
HP is studying Singapore’s enterprise data centers to create energy efficiency benchmarks that can be used by Singapore’s government to set guidelines and even possibly regulation in future.
Figures on energy consumption and the performance of more than 20 companies with enterprise-sized data center operations will be recorded to devise the baseline, used to asses current and future builds.
Director of HP Critical Facilities Services Ed Ansett, who is based in Singapore, said legal requirements are the first aim of the Singapore Green Data Center Standard project but eventually the research could be used for regulating the data center industry.
“The NEA (National Environment Agency) will probably come out with some guidelines using the information but they mostly want to understand the status of data centers in Singapore, to benchmark a large number of these and then make some recommendations on improving energy efficiency,” Ansett said
At the moment there is no legal requirement for energy efficiency in Singapore but Ansett said a lot of large data center operators do measure power usage effectiveness (PUE).
Data center operators in Singapore have to be conscious of efficiency if they want to overcome high costs associated with power and cooling, according to Ansett.
“In tropical climates like Singapore cooling bills are disproportionately high when compared to commercial buildings in more temperate climates such as Australia,” Ansett said.
“Temperature and humidity is relatively constant and high all year round.”
The Infocomm Development Authority of Singapore is supporting the initiative and will use the data gathered to identify areas for standardization and highlight data center issues, HP said.
The study will highlight mechanical, electrical and operational issues in the data centers studied.
- wong chee tat :)
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