Daily Archives: August 18, 2014 (24 Articles Found)
Recent requests for the removal of some property cooling measures have prompted the Government to state that the measures will stay for now. The problem is that we do not have a fixed review date for these measures.…
Despite a growing number of calls from property players for the Government to dismantle anti-speculative measures in the property market such measures should remain for good. Over the years, policies to drive foreign investment and government land sales…
Prices of homes near the future MRT stations in the east are set to rise markedly, although the full gains will be realised only as the new line nears completion, consultants say. In the short term, however, rents…
Property analysts have welcomed the extension of the Enhanced Lease Buyback Scheme to four-room flats, noting that the option to unlock value from their dearest asset would now be available to close to 60 per cent of the…
MOE and the Science Centre team are “eager to get to work” in re-imagining and developing the new Science Centre, which PM Lee dubbed the “jewel” of Jurong during his National Day Rally speech, said Education Minister Heng…
Residents in the city-state, particularly in Jurong, can look forward to enjoying the 70-hectare Jurong Lake Gardens “as early as 2017”, said MND Minister Khaw in a blogpost on Mon. He wrote that heritage elements at the Chinese…
When one resident observed that a fishball stick along the walkway at Bukit Gombak MRT Station had not been cleared after two days, it took MP Low Yen Ling “multiple calls to several agencies and a few meetings”…
Developers of high-end projects are discovering that desperate times call for desperate measures. After grappling with unsold stock for over a year, some domestic developers are beginning to employ drastic price cuts to move their luxury inventory. According…
The opening of Ng Teng Fong General Hospital (NTFGH) in
Jurong has been pushed back by half a year due to construction issues, setting back plans to add much-needed beds to ease the crunch in hospitals here. However,…
The delayed opening of Ng Teng Fong General Hospital in Jurong will have minimal impact on preparations for the new Sengkang General and Community Hospitals, which is still on track to open in 2018. This is according to…
The sun could supply almost a third of Singapore’s electricity, up from less than two per cent now, by 2050. If predictions made by researchers from SERIS come to pass, it may mean lower electricity bills and fewer…
New life is being breathed back into LifeBrandz after the nightlife group aborted a reverse takeover that would have turned it into a hospitality developer. It said yesterday that its Aquanova club at Clarke Quay, which offers meals…
On Aug 15, LTA and SLA issued a joint press release that Singapore is going to have a sixth MRT line known as the Thomson-East Coast Line (TEL). This is a follow-up on the Jan 2013 announcement about…
It is estimated that by 2030, there will be about 80,000 Singaporeans aged 60 or older who will have dementia. This is a condition that involves an irreversible degeneration of the brain. It robs the patient of his…
About one in every eight EC units was left vacant in the second quarter this year, markedly more than before, official figures show. However, consultants said possibly because their owners have not moved in yet because they are…
Singapore’s industrialisation journey began in Jurong. But we have come a long way since. While some old factories remain in some parts of Jurong, it has largely been transformed. Last night, PM’s ND Rally explained that Jurong’s transformation…
A single phone call ended up costing a law firm $105,200 after its conveyancing secretary told an interested buyer the sale of a $3.8 million house was legitimate. But the property agent conducting the sale was a fraudster…
Owners of four-room HDB flats can now sell part of their lease back to the Government to supplement their retirement income, PM Lee announced last night. These apartments are now eligible for the Lease Buyback Scheme, which was…
Latest official statistics showed that developers’ housing sales continued to languish last month, but the focus now is on the likely launches for the rest of the year and how much room developers have to price them attractively…
Singapore is set to see more dramatic changes in its rail landscape with new developments in the pipeline. The world’s first integrated bus and train depot will be built estimated to cost a whopping S$6.2 billion in an…
July’s developer sales stayed flat as sales from previous months’ launches continued to slow significantly, and take-up at the four new launches was subdued at best. In a report by Barclays, year-to-July sales was 4,893 units, down to…
Long-time residents and others with links to Toa Payoh have come forward to share their memories of the estate as part of a heritage trail launched today. Temple caretaker Ng Giak Hai, 65, who grew up in Toa…
The Jurong Lake gardens and a new Science Centre will be the focal points of a makeover for the Jurong Lakeside district, PM Lee said yesterday during his National Day Rally Speech. “There should be more to Jurong…
Two new residential sites have been released for sale, and these are expected to yield about 900 residential units when developed, according to both URA and HDB. The residential site at Lorong Puntong and EC site at Sembawang…
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