Esplanade – Theatres on the Bay (also known as the Esplanade Theatres or simply The Esplanade) is a performing arts centre located in Downtown Core near the mouth of the Singapore River. Named after the nearby Esplanade Park, it consists of a concert hall which seats about 1,600 and a theatre with a capacity of about 2,000 for the performing arts. Other than performing venues, the Esplanade also contains meeting venues, as well as other lifestyle and arts related services. The concert hall and theatre are connected to the main concourse via a foyer, while the Esplanade Mall is accessible through an entry point located between these 2 halls. read more…
Marina Bay is a bay located in the Central Area of Singapore surrounded by the perimeter of four other planning areas, the Downtown Core, Marina East, Marina South and Straits View. The area surrounding the bay itself, also called Marina Bay, is a 360 hectare extension to the adjacent Central Business District. It is also the new downtown of Singapore built on reclaimed land. Famous landmark iconic buildings include the Marina Bay Sands, Marina Bay Financial Centre, Asia Square, The Sail@Marina Bay and Marina One integrated mixed-use developments. It is one of the key focus areas by the Urban Redevelopment Authority. Marina Bay is envisioned by the URA as a work-live-play vibrant 24 hour CBD. The Urban Redevelopment Authority (URA) Master Plan for Marina Bay aims to encourage a mix of uses for this area, including commercial, residential, hotel and entertainment. read more…
(Latest update: 15 January 2021) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
The Singapore River is a river in Singapore that flows from the Central Area, which lies in the Central Region in the southern part of Singapore before emptying into the ocean. The immediate upper watershed of the Singapore River is known as the Singapore River Planning Area, although the northernmost part of the watershed becomes River Valley. As the Central Area is treated as a central business district, nearly all land surrounding it is commercial. It is one of about 40 rivers in Singapore and its islands. read more…
Gardens by the Bay is a park spanning 101 hectares (1,010,000 m2) of reclaimed land in central Singapore, adjacent to the Marina Reservoir. The park consists of three waterfront gardens: Bay South Garden, Bay East Garden and Bay Central Garden. Gardens by the Bay is an integral part of a strategy by the Singapore government to transform Singapore from a “Garden City” to a “City in a Garden”. The stated aim is to raise the quality of life by enhancing greenery and flora in the city. read more…
Marina Bay Sands is an integrated resort fronting Marina Bay in Singapore. Developed by Las Vegas Sands, it is billed as the world’s most expensive standalone casino property at 8 billion Singapore Dollars (around 4,6 billion Euro), including cost of the prime land. read more…
(Latest update: 15 January 2021) First, there is not THE real estate market – not national and certainly not international. In fact, the market situation is very fragmented due to the general conditions, in other words, many individual markets, collectively referred to as “the market”. Metropolitan Area A faces different challenges than Metropolitan Area B and Metropolitan Area C can not even understand what A and B are talking about. Where there is comparability, is the housing situation in the “affordable segment” in urban centers in all western EU states, the US and Canada. This is where the call for the state, which should intervene regulatively, quickly becomes louder. In free market economies, however, this is on the one hand not wanted and therefore on the other hand, only limited possible. That’s pretty okay, because the market is inherently profit-oriented and that’s just what it will stay, otherwise investment incentives for new construction would sooner or later be completely absent. The “rental price brake” (Mietpreisbremse) exemplifies the problem. At the same time, more and more social housing is being let out of the rental price brake without replacement investment being made. In the following, single aspects are examined in more detail using the example of Germany, whereby the scenarios also apply to other western countries such as the EU states, the US, the United Kingdom, Canada, Australia, New Zealand, but also, e.g., to Dubai and Abu Dhabi in the United Arab Emirates, Hong Kong, Singapore, Tel Aviv in Israel and other emerging metropolitan regions around the world. read more…
