Sembawang Shopping Centre
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Sembawang Shopping Centre
Sembawang Shopping Centre is a four-storey commercial development located along Sembawang Road in Sembawang Spring Estate of Sembawang, Singapore. It was first opened in 1986 and underwent a refurbishment in 2007 and reopened in late 2008. In April 2018, the Centre was sold to Lian Beng-Apricot Sembawang. History Sembawang Shopping Centre was developed by CapitaLand Mall Trust on a freehold land. It consists of four retail stories (including one Basement). It has a total floor area of in which are used for commercial purposes. The mall underwent a refurbishment in 2007 and reopened on 1 December 2008. The architectural firm involved in the redesigning of the mall is DCA Architects. In April 2018, with Colliers International as the estate agent, the Centre was sold to a joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically p ...
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Sembawang
Sembawang is a planning area and residential town located in the North Region of Singapore. Sembawang planning area is bordered by Simpang to the east, Mandai to the south, Yishun to the southeast, Woodlands to the west and the Straits of Johor to the north. Despite the relatively large development in the Sembawang New Town, the area remains largely suburban, with military, industrial and recreational facilities at its periphery. It hosted a major naval base and port facilities since the early 20th century, and continues to handle regular shipping traffic today along its wharves. Etymology The earliest reference to Sembawang is found in Franklin and Jackson's 1830 ''Map of Singapore'', which refers to the River Tambuwang. The place is said to have got its name from the ''pokok sembawang'' (Malay for the ''kayae ferruginea''''),'' which has been renamed ''Mesua ferruginea'' from 1980. This tree can be seen at Sembawang Park. History The Sembawang area in the early twentiet ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Freehold (law)
In common law jurisdictions such as England and Wales, Australia, Canada, and Ireland, a freehold is the common mode of ownership of real property, or land, and all immovable structures attached to such land. It is in contrast to a leasehold, in which the property reverts to the owner of the land after the lease period expires or otherwise lawfully terminates. For an estate to be a freehold, it must possess two qualities: immobility (property must be land or some interest issuing out of or annexed to land) and ownership of it must be forever ("of an indeterminate duration"). If the time of ownership can be fixed and determined, it cannot be a freehold. It is "An estate in land held in fee simple, fee tail or for term of life." The default position subset is the perpetual freehold, which is "an estate given to a grantee for life, and then successively to the grantee's heirs for life." England and Wales Diversity of freeholds before 1925 In England and Wales, before the Law of Prope ...
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Storey
A storey (British English) or story (American English) is any level part of a building with a floor that could be used by people (for living, work, storage, recreation, etc.). Plurals for the word are ''storeys'' (UK) and ''stories'' (US). The terms ''floor'', ''level'', or ''deck'' are used in similar ways, except that it is usual to speak of a "16-''storey'' building", but "the 16th ''floor''". The floor at ground or street level is called the "ground floor" (i.e. it needs no number; the floor below it is called "basement", and the floor above it is called "first") in many regions. However, in some regions, like the U.S., ''ground floor'' is synonymous with ''first floor'', leading to differing numberings of floors, depending on region – even between different national varieties of English. The words ''storey'' and ''floor'' normally exclude levels of the building that are not covered by a roof, such as the terrace on the rooftops of many buildings. Nevertheless, a flat r ...
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Basement
A basement or cellar is one or more floors of a building that are completely or partly below the ground floor. It generally is used as a utility space for a building, where such items as the furnace, water heater, breaker panel or fuse box, car park, and air-conditioning system are located; so also are amenities such as the electrical system and cable television distribution point. In cities with high property prices, such as London, basements are often fitted out to a high standard and used as living space. In British English, the word ''basement'' is usually used for underground floors of, for example, department stores. The word is usually used with houses when the space below the ground floor is habitable, with windows and (usually) its own access. The word ''cellar'' applies to the whole underground level or to any large underground room. A ''subcellar'' is a cellar that lies further underneath. Purpose, geography, and history A basement can be used in almost exactly th ...
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Architectural Firm
In the United States, an architectural firm or architecture firm is a business that employs one or more licensed architects and practices the profession of architecture; while in South Africa, the United Kingdom, Ireland, Denmark and other countries, an architectural firm is a company that offers architectural services. History Architects (or master builders) have existed since early in recorded history. The earliest recorded architects include Imhotep (c. 2600 BCE) and Senemut (c. 1470 BCE). No writings exist to describe how these architects performed their work. However, as nobles it is reasonable to assume they had staffs of assistants and retainers to help refine and implement their work. The oldest surviving book on architecture, ''De architectura'' by the Roman architect Vitruvius describes the design and construction of towns, buildings, clocks, and machines, but provides no information about the organisation of the architect's assistants. It is generally accepted that ...
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Colliers International
Colliers is a Canada-based diversified professional services and investment management company with approximately 18,000 employees in more than 400 offices in 63 countries. The firm provides services to commercial real estate users, owners, investors and developers; they include consulting, corporate facilities, investment services, landlord and tenant representation, project management, urban planning, property and asset management, and valuation and advisory services. The organization serves the hotel, industrial, mixed-use, office, retail and residential property sectors. The firm has headquarters in Toronto, Ontario. Annual revenues were $4.09 billion in 2021. In June 2015, it was announced that Jay S. Hennick was appointed Chairman and Chief Executive Officer. History Colliers began in Australia in 1976 after Glynn Lynch & McHarg and Jones Lang Wootten & Sons merged under the Colliers name. In 1978, Colliers merged with Hong Kong-based Tony Petty & Associates. In 1984 ...
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Estate Agent
An estate agent is a person or business that arranges the selling, renting, or management of properties and other buildings. An agent that specialises in renting is often called a letting or management agent. Estate agents are mainly engaged in the marketing of property available for sale, and a solicitor or licensed conveyancer is used to prepare the legal documents. In Scotland, however, many solicitors also act as estate agents, a practice that is rare in England and Wales. 'Estate agent' remains the current title for the person responsible for the management of one group of privately owned, all or mostly tenanted properties under one ownership. Alternative titles are factor, steward, or bailiff, depending on the era, region, and extent of the property concerned. Origin The term originally referred to a person responsible for managing a landed estate, while those engaged in the buying and selling of homes were "''House Agents''", and those selling land were "Land Agents". ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Lianhe Zaobao
''Nanyang Sin-Chew Lianhe Zaobao'' (; literally "Nanyang Sin-Chew Joint Morning Paper"), commonly abbreviated as ''Lianhe Zaobao'' (; literally "Joint Morning Paper"), is the largest Singaporean Chinese-language newspaper with a daily circulation of about 136,900 (print and digital) as of 2021. Published by SPH Media Trust (formerly Singapore Press Holdings), it was formed on 16 March 1983 as a result of a merger between ''Nanyang Siang Pau'' and '' Sin Chew Jit Poh'', two of Singapore's oldest Chinese newspapers. The paper establishes itself as a broadsheet with local news coverage, while international news tend to be largely centred on the East Asia region, with a section dedicated to China. ''Zaobao'' has an East Asian correspondent network spanning Beijing, Chongqing, Shanghai, Guangzhou, Hong Kong, Taipei, Seoul and Tokyo. It is SPH's flagship Chinese daily and the only Chinese-language morning daily in Singapore. ''Lianhe Zaobao'' is the only Chinese-language overseas ...
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Landed Property
In real estate, a landed property or landed estate is a property that generates income for the owner (typically a member of the gentry) without the owner having to do the actual work of the estate. In medieval Western Europe, there were two competing systems of landed property; manoralism, inherited from the Roman villa system, where a large estate is owned by the Lord of the Manor and leased to tenants; and the family farm or '' Hof'' owned by and heritable within a commoner family (c.f. yeoman), inherited from Germanic law. A gentleman farmer is the largely historic term for a country gentleman who has a farm as part of his estate and farms mainly for pleasure rather than for profit. His acreage may vary from under ten to hundreds of acres. The gentleman farmer employed labourers and farm managers. However, according to the 1839 ''Encyclopedia of Agriculture'', he "did not associate with these minor working brethren". The chief source of income for the gentleman farmer was d ...
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