Monday, May 26, 2008

Trunk Service

Source : The Straits Times, May 24, 2008

This award-winning home has taken a step further when it comes to bringing the outdoors indoors - it has trees inside

TREE'S COMPANY: When the gate of the tallest and most modern-looking house (below) on this stretch of the road is open, passers-by are treated to a view of trees growing inside the home up to a bedroom on the second level. Further in, the living room (above) features even more trees as well as ferns grown on the putty walls. -- PHOTOS: ALBERT LIM KS

THIS is one special tree house.

It's actually a terrace house nestling amid Orchard Road high-rises, but it's been transformed into a jungle oasis, complete with trees growing up into and out of the floor and ceilings of the kitchen and living room.

Yes, that's right - where you'd have a breakfast table and chairs, there are slender tree trunks popping up through holes in the timber floor.

Instead of wallpaper, there are real ferns. A two- storey waterfall anchors the end of the living room.

No wonder this natural wonder scooped a top prize at the Singapore Institute of Architects (SIA) awards announced on Wednesday.

It won a design award, and also a new prize launched this year: Best Project Below $1 Million Construction Cost.

The 230 sq m house cost just $390,000 to build in 2006. Another $100,000 was spent on greenery and interior works. A house of a similar size today would cost about $700,000.

SIA president Tai Lee Siang notes: 'It is not true that good architecture has to have a high price.'

The Architectural Design Awards - being held for the ninth time this year - are handed out once every two years to projects of architectural merit.

'Projects that contributed new ideas or expanded on existing repertoire were awarded,' says jury member and renowned architect Mok Wei Wei.

The three-storey intermediate terrace in Jalan Elok off Mount Elizabeth Road was designed by local architect Chang Yong Ter, 38.

Home owners Richard Wong and Clara Yue's brief to him was simple. 'To have as much green as possible in the home,' says Mr Wong, 41, an Australian investor who is now a permanent resident here.

The couple, who have three teenage children, say they do not like houses that are hot, so having greenery would help keep the home, which has five bedrooms and a roof garden, cool.

Squirrels and toads visit, too

And Mr Chang, who started his own firm, Chang Architects, about seven years ago, clearly rose to the challenge.

When Life! went to check out the house, it was easy to spot which one it was on the street - a canopy of trees sprouted like green plumes through concrete and glass.

At the entrance, once past the car porch, you are confounded by the sight of, not the living room, but a kitchen.

And looking out over the breakfast bar, you see eucalyptus and tower trees, as if you are in a park.

The kitchen leads to the dining room, then to the living room. Furniture may be sparse - there are just sofas and no coffee table - but as well as a waterfall, there is a shallow pond.

It is not just the family who enjoys the green oasis. Mr Wong says: 'We've seen squirrels running across the walls and toads enjoying a dip in the pond.'

Living here is much like being in a jungle. There's green everywhere.

The master bedroom on the second storey looks out onto the green wall in the living room. 'It's amazing to wake up to greenery,' says Mr Wong.

The family spends most of its time in the living room. Instead of a television set, a huge projection screen lowers from the ceiling.

'Once we heard toads croaking, and found it funny as it wasn't part of the movie we were watching,' says Ms Yue, 47, a freelance consultant.

Cool water

ARCHITECT Mr Chang reveals that his first step in designing the house was to work out where the trees would go.

As for how he hit upon living walls of ferns, he says: 'Ferns are suitable here because they do not require much sunlight.'

The ferns and trees are watered via an automatic irrigation system and require little maintenance, except for the occasional trimming.

And he notes of the living room's pond: 'Having water in the living room also cools the area.'

To encourage cross-ventilation, a light and wind channel was also created at the back of the living room, and this opens out to the back of the house.

The couple say the greenery has certainly helped in keeping the home cool.

During March when it was cooler, Ms Yue says: 'It was so chilly, I needed a jacket at night.'

Occasionally, when it pours, rain comes into the kitchen where the trees are. On a recent visit, Ms Yue's mother commented that she used to keep the rain out of her kitchen.

'She finds it unusual that we now welcome the rain to come in,' says Ms Yue.

STEPPING UP THE GREENERY: Even more plants dot the space beneath the stairs leading to the rooms on the second and third storey and the roof garden. It's a hassle to climb so many steps, but the owners have come to regard it as a form of exercise.


COOL SET-UP (above): The master bedroom looks out to the green wall while its bathroom has a view of the pebbled feature wall. The set-up enhances the area's ventilation, hence reducing the need for air-conditioning.

COOKING IN THE RAIN: The kitchen, which adjoins the car porch so that cooking fumes will not get into the living areas, has eucalyptus and tower trees. When it pours, rain seeps into the home through the holes that the trees grow through.

'She finds it unusual that we now welcome the rain to come in'
Ms Clara Yue on her mother who, after seeing her kitchen which has openings where rain can enter, commented that she used to keep the rain out of her kitch
en

ALL NATURAL: A skylight allows natural light to fall freely into this bathroom.

NO WINDOWS? NO PROBLEM: Instead of a television, a projector screens images on a wall opposite the daughter's bedroom. There are no windows in the space but there's still a touch of the outdoors, thanks to the plants-and-stones feature.

Cool Haven For Seven

Source : The Straits Times, May 24, 2008

These award-winning homes prove that it is possible to meet diverse needs and still have style

ALL UNDER ONE ROOF: The home owners live on the topmost floor of this three-storey bungalow, while their daughter and her family live in the basement, which looks out to the garden and pool. The middle storey is for their inter-generational gatherings. -- PHOTOS: CHAN SAU YAN ASSOCIATES


The entrance from the road leads to the second level of the home, and the kitchen, living and dining rooms.


HOUSE AT BISHOPSGATE

By Chan Sau Yan Associates

Fitting in three generations under one roof, and providing everyone with privacy while allowing for interaction is no easy task.

But in this three-storey bungalow off Jervois Road, veteran architect Sonny Chan, 66, met the needs of his clients, and also won a design award for it in the residential category at this week's Singapore Institute of Architects (SIA) Architectural Design Awards.

His clients are an elderly couple who live with their daughter, son-in-law and three grandchildren. They declined to be named.

The house, completed last December, is over 1,000 sq m in floor area. The two families have their own private areas, but there is also a common level for get-togethers.

The entrance from the road leads to the second level of the home, and the kitchen, living and dining rooms.

The daughter and her family live in the basement, which looks out onto the pool and garden. This area has four bedrooms, and its own kitchen, living and dining areas.

The home owners live on the top floor.

Mr Chan, who declined to reveal construction costs, used concrete for the facade and roof, and says this makes the home look outstanding and creates a presence in the neighbourhood.

To reduce trapped heat, the interior has high spaces and there are adjustable glass louvred windows at the end of the roof that allow heat to escape.

Large windows provide unblocked views of the surrounding lush greenery and also provide cross-ventilation.

Pet-friendly home

CUTTING-CAGE: A feature of this home is the cage-like structure that is both a home to aparrots and the facade of a shower.

HOUSE AT OPERA ESTATE

By Formwerkz Architects

This intermediate terrace house at Opera Estate is just 250 sq m in size, but it doesn't feel small at all.

It was designed by Formwerkz Architects for an undisclosed sum for Andrew Foo and his family, who declined to be interviewed.

Formwerkz's director Gwen Tan, 33, said her firm faced the challenge of fitting many features into a small plot.

The two-storey house - which won an SIA design award in the residential category - has four bedrooms and an attic, and comes with plenty of large windows for cross-ventilation.

The architects did away with a main door and put in a metal gate that allows the breeze in. Through such features, the house stays cool without air-conditioning.

Another challenge was accommodating the owners' parrots. These now live in a special two-storey cage in the living room.

But while the caged area on the first level is for the birds, the structure, with the addition of curtains, becomes a shower area for the owners on the second storey.

A bird stand in the cage serves as a perch for the parrots, and doubles as a cover for a water pipe.

Concrete was used for the flooring, which not only keeps the house cool but 'is also easy to maintain', said Ms Tan.

As well, the owners' dogs have free run of the house and with concrete flooring, it doesn't matter if they scratch it.

Property Prices Expected To Moderate

Source : The Straits Times, May 24, 2008

THE Singapore property market has peaked and prices can be expected to moderate in the next two years, the Government said yesterday.

Prices had surged in the past two years because of a supply-demand imbalance, said Mr Ravi Menon, the Second Permanent Secretary of the Ministry of Trade and Industry.

'The market has been tight across various segments as supply was slow to respond when demand surged in the past couple of years,' he said yesterday.

However, he felt that the market had already reached its peak.

'There is supply coming online in the next few years that will offset some of the demand, and expectations are for moderation over the next one or two years.

'This will provide some relief in terms of cost pressures, which is important when it comes to controlling inflation.'

Bukit Sembawang Profit Soars To $74.87m

Source : The Business Times, May 24, 2008

BUKIT Sembawang Estates has recorded a net profit of $74.87 million for the year ended March 31, up 124 per cent over $33.42 million a year ago.

Turnover for the property developer came to $75.6 million, up 30.4 per cent over $57.97 million previously.

The substantial increase in profit for the year ended March 31, compared with the previous year, was due mainly to a one-time capital gain of $46.7 million from the sale of shares.

The company has recommended a final dividend of seven cents per ordinary share. The proposed dividend, if approved by the shareholders, will be paid on Aug 7.

Bukit Sembawang's net profit for the fourth quarter, meanwhile, came to $3.5 million, down 77.6 per cent from $15.7 million a year ago.

Q4 turnover was down 25 per cent at $11.89 million from $15.86 million previously.

The company's development profit for Q4 and the year ended March 31 consists of the recognition of revenue (based on percentage of completion method) for the housing units sold at Mimosa Terrace Phase 4 and Phase 6, Parc Mondrian and Paterson Suites.

Looking ahead, it expects profit for the current year to be lower, given that the current sentiment in the residential property market remains cautious.

Yesterday, Bukit Sembawang shares closed unchanged at $9.30.

Growth Looks On Track Despite Hike In Inflation Forecast

Source : The Business Times, May 24, 2008

Govt raises 2008 inflation estimate to 5-6%

Inflation has hit 7.5 per cent and may average 6 per cent for the year, but economists believe the rising prices will not derail Singapore's growth.

The government yesterday raised its forecast for 2008 consumer price inflation by half-a-point to 5-6 per cent, following a spike in the rate to 7.5 per cent in April - a 26-year high.

The revised forecast by the Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) overshadowed the release of first-quarter GDP growth: at 6.7 per cent, Q1 growth is below market consensus and below the early official flash estimate of 7.2 per cent, though up from the preceding 2007 Q4's 5.4 per cent.

MTI is maintaining the official GDP growth forecast of 4-6 per cent for the year, noting that the external slowdown is panning out pretty much as expected.

'The critical uncertainty remains the US economy,' MTI second permanent secretary Ravi Menon said at a news conference yesterday. 'We're looking at a recession or near-recession scenario that is not unlike the 2001 and 1991 experiences - may be close to about three quarters of weak or negative growth followed by steady recovery.'

The bottom line is: the US is already in a significant slowdown. While the worst seems over for US financial markets, a recurrence of Bear Stearns-type 'financial accidents' cannot be ruled out, MTI says. Another bout of financial turmoil would deepen and prolong the US economic slump.

Singapore faces both growth and inflation risks, 'though probably the balance of risks has shifted towards inflation', Mr Menon said yesterday.

'Going forward, there remains a high degree of uncertainty on global food and energy prices,' he added. 'There could be some moderation in food prices towards the end of the year. On the flip side, unforeseen supply disruptions could just as well trigger a second round of increases in food prices.'

MTI's latest forecasts see oil prices averaging US$110 per barrel over the year, up from US$94 in March and US$87 in February.

Over the next 2-3 months, Singapore's inflation rate is expected to remain high - probably around current levels - but should start to ease in the second half of the year as the impact of the higher Goods and Services Tax (GST) wears off. At the same time, underlying inflation momentum appears to have plateaued, MTI notes.

And Singapore's exchange rate policy - which Mr Menon described as 'the main policy tool right now in our arsenal' to fight inflation - will have a moderating effect. If not for the appreciation of the Sing dollar - which rose about 11 per cent against the US greenback last year, and a further 4-5 per cent so far this year - Singapore's 2007 inflation rate would have been 2-2.5 points higher, MAS deputy managing director Ong Chong Tee told reporters yesterday.

Economists said the official GDP growth forecast remains intact, even as growth estimates of non-oil domestic exports have been pared to just 2-4 per cent.

They reckon, however, that inflation could exceed the official estimates - and warn of a wage and business cost spiral. Overall unit labour costs surged 8.8 per cent in Q1, and manufacturing unit business costs rose 3.3 per cent.

According to estimates by HSBC's Asian economists, if the CPI continues to rise just 0.6 per cent every month between May and December in seasonally-adjusted terms, inflation would average 7.5 per cent for the year.