Daily Archives: July 3, 2014 (21 Articles Found)

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The source for this article is no longer available

More residents have trouble selling their flats

The source for this article is no longer available

DBSS flat owners upset by delay in handover of keys

S’pore industrial REITs may face headwinds

With recent weakness in manufacturing, experts said this could impact demand for factory space. Coming at a time when the supply of industrial property is on the rise, they added that this could put pressure on some REITs.…

Shanmugam: Indian chief minister keen on studying Jurong Island

Andhra Pradesh Chief Minister Chandrababu Naidu says he wants to study Singapore’s Jurong Island model, as his state is looking at constructing a new petrochemical hub. Foreign Affairs Minister K Shanmugam revealed this, as he continues his five-day…

Flora Drive now largest dengue cluster in Singapore

As of Wed, a total of 164 cases of dengue have been reported at Flora Drive, near Pasir Ris making it the largest dengue cluster in Singapore currently. In all, there are some 26 clusters identified as high-risk…

Will Singapore relax housing curbs soon?

As the slowdown in Singapore’s housing market deepens, investors are questioning when the government may relax its anti-speculation curbs. Private residential prices in the city-state dipped 1.1 percent on quarter in the Apr-to-June period, according to a flash…

Skyrocketing rents hound Orchard Road retailers

According to OCBC, a lack of new projects on Orchard road is expected to push occupancy rates from 95.8% to 97.2%, which in turn will push up retail rents. “A dearth of upcoming projects in the Orchard retail…

Wealthy and pragmatic

By any private banker’s reckoning, he is ultra wealthy. But Liew Mun Leong has this to say of his wealth, I never think of wealth as anything that is important in my life. I always tell people I…

Be fair to property agents

I sympathise with property agent Carol Wong Kuan Yoke (“Little recourse for property agents”; last Thurs). Her question of why agents are at the mercy of seemingly one-sided rules and regulations ties in with the question I posed…

Successful launches may struggle later

The recent decline in private home prices, according to URA’s flash estimate, marks the third continuous quarter of price decrease. JLL cites the continued softening as a reflection of the imbalance between supply and demand. This has led…

Buyer’s market in 2014: PropNex

The private residential market looks to be heading towards a more muted growth trajectory with weak demand, according to PropNex. Although liquidity remains flushed in the market, the multiple rounds of government measures have effectively tightened credit and…

Oh, what a mess!

The $4 million renovations have been completed, and the crowds have returned in bigger numbers. But the huge turnout, especially during lunch hours, at the newly reopened Lau Pa Sat has resulted in a big mess on many…

‘Smart nation’ vision calls for collaboration

By 2050, urban areas will be home to 75 per cent of the world’s population. It’s little wonder then that cities are in a race to become “smart”, partly by using technology to tackle problems commonly associated with…

Phase 2 of MRT study

The second and final phase of an engineering study for the proposed MRT link between Singapore and Johor Baru will start by the end of this year. A spokesman for Malaysia’s Land Public Transport Commission said it is…

$22m asking price for five shophouses at Club St

Five adjoining shophouse properties at Club St have been put on the market with an asking price of $22 million. They comprise Nos 1, 3 and 5 Club Street, which are three storeys high and have an attic,…

Demand in strata-titled industrial market slows

Activity in the strata-titled industrial market has gone down significantly, with demand coming mostly from end-users, said DTZ. All in all, 224 strata-titled factory units changed hands in Q2. This brought total transactions in the first half of…

Proposed stops for KL-S’pore high-speed rail

The prospect of dinner in KL’s Jalan Alor, supper in Malacca’s Jonker St and a return to Singapore before clubbing hours is looking more likely, going by published details of the planned HSR link between KL and Singapore.…

More residents have trouble selling their flats

The source for this article is no longer available

Is there an oversupply of flats? This was a question raised by Nee Soon GRC MP Lee Bee Wah on Mon, after she noticed that many residents in her ward faced problems selling their homes. In a FB…

DBSS flat owners upset by delay in handover of keys

The source for this article is no longer available

In Feb, they received a letter from developer Sim Lian Group saying that they would be getting the keys to their new flats in May or June. But June has come and gone, and the owners of DBSS,…

Kudos to Changi Airport for tribute to Peranakan culture

I was pleased to learn that T4 will have shopfronts featuring traditional Peranakan facades (“Changi Airport posts T4 sneak peek”; July 1). The Peranakan culture, with its traditional costumes, cuisine, architecture and distinct language, is very much a…

1-Net S’pore launches new centre to meet growing data needs

1-Net Singapore is launching a new centre to meet growing demand for data hosting and other data-management services, to be ready by the last quarter of next year. The new data centre, 1-Net North, will be Singapore’s first…

New community space for persons with disabilities launched

A new 30,000 sqm integrated community space to serve as a focal point of services for persons with disabilities and their caregivers at Redhill was launched today, as part of the nation’s efforts towards an inclusive society. The…

361 Govt-funded buses added under BSEP so far

Total of 361 Government-funded buses have been added under the Bus Service Enhancement Programme (BSEP) as of June 30. This has helped reduce crowding, improve bus frequencies and provide better connectivity for commuters, said LTA, SBS Transit and…

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