Daily Archives: November 20, 2014 (29 Articles Found)

Archives
  • Daily Archives

  •   20
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    APPLY
The source for this article is no longer available

Home packed home – 50 workers in 2 apartments

Town Councils Act review: Questions on enforcement, accountability

MND is reviewing the Town Councils Act to strengthen regulatory oversight, in order to better safeguard residents’ interest. This was announced on Thurs, as part of its response to media queries over the controversy surrounding the management of…

TDSR running out of steam?

One conclusion that we can draw from the Cooling Measures is that placing limits on borrowing is more effective than levying stamp duty taxes at bringing Singapore property prices down. According to SRX Property Index for Private Resale…

Sentosa makeover in the works

Major redevelopment plans for Sentosa are in the pipeline over the next five years, announced the Sentosa Development Corporation (SDC) on Thurs. A consultancy exercise to study a possible revamp for its six precincts will be conducted, SDC…

MND: Funding for town councils based on flat types, number of units

MND has disclosed how it computes government grants to town councils. Since the annual Town Council Management report released on Nov 4 showed Aljunied-Hougang-Punggol East Town Council’s (AHPETC) poor ratings for S&CC arrears, online news sites and forums…

Police: Damaged fence at AMK bus depot caused by ‘prior unreported motor accident’

The damaged fence at SMRT’s bus depot in Ang Mo Kio, initially thought to be an act of vandalism, was actually caused by a “prior unreported motor accident”, police said today. The fence around the bus depot was…

Singapore retains top spot in EIU Business Environment Rankings

The Republic has retained its title as the world’s most investor-friendly location for the 2015-19 period, according to this year’s Business Environment Rankings from The Economist Intelligence Unit (EIU) released on Thurs. Singapore scored well on its open…

Larger share of $2 million homes sold in Q3

2,722 private homes were transacted in Q3 2014, and 606 units or 22% were purchased at prices above $2 million, according to report by DTZ. This is the highest proportion recorded in a quarter in the past six…

Weightlifting Open may be shelved if federation cannot find new home

The Singapore Weightlifting Federation (SWF) is on the hunt for a new home, with the national sports association set to vacate its current training centre at Jalan Benaan Kapal by Dec 31. But failure to find one soon…

FHR vs SIBOR – Game-changing showdown or overrated spectacle?

Every Singaporean knows that home ownership and debt independence are each other’s conceptual nemesis. Unless you have a multi-million dollar trust fund to bank on, you will be confronted with the justifiably intimidating challenge of buying a home…

Bus LED displays a bane for seniors

I am a volunteer with Lions Befrienders. During my home visits, several seniors have said they dare not take buses on their own because they often cannot see the service numbers clearly, especially at night when their astigmatism…

Any measures to ensure priority?

It is good to know that LTA has come up with a slew of initiatives to benefit seniors who use public transport (“Better public facilities for seniors on the go”; Mon). But will older people be given priority…

Home packed home – 50 workers in 2 apartments

The source for this article is no longer available

The unit is the size of a typical two-bedroom condominium apartment and could house a family of about four comfortably. But two of these units in a condo along Selegie Road were instead housing about 50 construction workers…

As old buildings age, re-think rules on en bloc sales

Built in the 1960s, Cairnhill Mansions is one of several properties in the Orchard Road area that has seen better days. Age and rising maintenance costs are taking their toll on the apartment block: a resident was recently…

SGX chief: Crucial time for Reit industry

Singapore is at a “critical juncture” in its race to become Asia’s leading market for Reits and must stay ahead of the pack, the local bourse’s chief has warned. “We need to admit that both Australia and Japan…

Tax expert: S’pore may lose crown as top spot for regional HQs

Singapore could be on the verge of losing its crown as Asia’s top destination for regional headquarters, owing to upcoming changes in intl tax rules, a tax expert has warned. Most US and European MNCs have traditionally looked…

NEA advises motorists to switch off engines to minimise pollution

One of the top reasons for motorists leaving their engines idling while stationary, is that they are unaware of anti-idling engine regulations, according to a statement released by NEA today. This was discovered during a three-hour long enforcement…

Sungei Buloh Wetland Reserve gets extension

A 31-hectare extension at Sungei Buloh Wetland Reserve opens on Dec 6,the nature reserve’s 21st birthday, with new guided tours, attractions and a visitor’s centre. The extension linked to the 130-hectare Sungei Buloh Wetland Reserve has rich mangrove…

Protect Pulau Ubin for those seeking refuge from urban life

I refer to the report “Nature Society wants Ubin to be given protected status” (Nov 19). I applaud NSS’s gesture of petitioning the authorities to give Pulau Ubin protected status, as this little island is the last frontier…

Retirees, sellers could both benefit from rule change

I agree with the comments Mr Richard Sim made in his letter “Let retirees right-size but keep private property for rental income” (Nov 19). If HDB allowed retirees who own one private property to buy an HDB flat,…

5 SCDF vehicles seen along Orchard Rd after fire breaks out in Paragon

Five SCDF vehicles were seen along Orchard Rd after a fire broke out in Paragon this morning. Stomp contributor Popoise said she witnessed a fire at the shopping mall at around 4am. She said she saw a lot…

Wife of Lafe chairman seeks to buy Emerald units

Lafe Corporation could soon be selling up to five units of its Emerald Hill residential property development to the wife of its chairman. The property investment and development company revealed on Wed that it will be seeking approval…

JTC’s measured approach seen allowing fine-tuning

JTC seems to be taking an incremental planning approach through the proposed intermediate zone between Business 1 (B1) and commercial uses. Had it opted for a big-sweep rezoning of some areas of Singapore from say B1 use to…

New property zone in the making

In what could be a precursor to the creation of a new class of space, between office and light industrial JTC is understood to be spearheading the development of a building, expected to be in Woodlands, that will…

Soft spot for Lei Gardens in Chijmes

Property developers are not known for their softer side but the boss of Perennial Real Estate Holdings (PREH) was happy to give up potential gains to help a key tenant. CEO Pua Seck Guan had instigated renovations at…

Many projects in pipeline for St James group

Shareholders of the former St James Holdings could reap a bonanza now that it is reinventing itself as a major property player. Developer Perennial Real Estate Holdings (PREH) completed a $1.56 billion reverse takeover of the nightlife firm…

Buying property as a gift

A Singaporean man is suing his ex-lover for the return of gifts given to her during their courtship, including $340,000 for a condominium unit bought under the woman’s name. The ex-lover defended that he offered the property to…

Singapore’s second oldest Catholic church begins restoration works

After years in disrepair, the crumbling 145-year-old Church of Saints Peter and Paul in Queen St is finally being given an $8 million restoration. Parish priest John Chua said the year-long restoration is to update the building to…

Private home leasing up 15.2% in 3Q as expats swarm to Singapore

Unlike the sluggish residential sales market, the leasing market was buoyant in the third quarter of 2014. According to URA, leasing volume of private residential properties reached a new record of 17,775 cases, registering a quarterly increase of…

Regal International Group formally opens first trading session

Regal Intl Group will now be focused on property development in Malaysia. Specific focus will be in East Malaysia within the residential, commercial and industrial segments. Its projects are located primarily in Kuching and Kota Samarahan in Sarawak.…

Sign In to Bookmark This Story

Sign In with Google