Daily Archives: January 28, 2015 (22 Articles Found)

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Property prices here may drop 5% when Fed acts

Secret British bunker in Woodlands will be open to public for first time in 70 years

Hidden behind lock and key lies a 1942 British bunker where explosives were stored. Back then, carts on a railway track would send ammunition into the underground bomb-proof facility. About the size of two five-room flats, the well-preserved…

More road signs, signals stationed in school zones under LTA pilot project

LTA has installed new road safety measures at 10 primary schools, as part of a pilot initiative to enhance road safety in school zones. The pilot comes after the Pedestrian and Cyclist Safety Committee, helmed by Parliamentary Secretary…

SRPI: Resale prices of private homes fall further in Dec

Resale prices of private homes fell again in Dec, according to SRPI estimates released on Wed. The SRPI, compiled by NUS’s Institute of Real Estate Studies, showed overall prices declined 1.2 per cent in Dec from the previous…

Consider profit levels in reviewing transport fares

With economic growth and inflation, the cost of maintaining public transport would inevitably increase, and fares rise in accordance. (“Public transport fares to rise by 1 to 10 cents”; Jan 22) Consequently, one would naturally ask if the…

Questions on Sengkang columbarium to be raised in Parliament

The issue of letting non-religious organisations bid and develop places of worship will be addressed when Parliament sits on Thurs, for the second time this month. It arose from the recent controversy over a columbarium which, for the…

Good sales for M’sia-S’pore joint venture in Lion City

Two ongoing mixed development projects jointly undertaken by M+S Pte Ltd in the republic have received overwhelming response. Chairman Tan Sri Azman Yahya said Marina One and DUO Residences were 87% and 94% sold respectively since they were…

Property prices here may drop 5% when Fed acts

The source for this article is no longer available

Investors seeking to buy property in Singapore or Hong Kong this year may be better off listening to US Federal Reserve chairman Janet Yellen than a real estate agent. The Fed is widely expected to raise interest rates…

PM Lee: Singapore needs to progress to become a truly clean city

PM Lee Hsien Loong on Wed noted that Singapore needs to “progress from being a cleaned city to a truly clean city”. Mr Lee posted a photo on FB of the mess left behind by about 13,000 Laneway…

Sea change in penthouse pool views: Buyers see red

Drawn by a sales brochure depicting a rooftop infinity pool with a view of the sea, two home owners splashed out about $2 million each for penthouse units at a condominium in the east. But when they got…

Is Geylang losing its flavour?

Geylang was unceremoniously thrust into the spotlight during the Little India riot inquiry last year. It was described by former Police Commissioner Ng Joo Hee as a potential powder keg, with unsavoury characters abound, “a hint of lawlessness”…

New foodie hotspots in Singapore

How do you get Singaporeans to go to a new location? Pull them in with lots of food offerings, of course. Property agent Eric Cheng says having plenty of food options gives people choices, and coupled with plenty…

Expats ditch city homes for the heartlands amid budget cuts

As more companies in Singapore focus on controlling costs to beat inflation, a growing number of expatriates are seeing their housing allowances being cut resulting in them moving out of pricey homes in the city centre to budget-friendly…

Customers staying away from Marina Square eateries after rat incident

Business at some eateries at Marina Square has fallen by 30 per cent to 50 per cent after a dead rat was found in a dish of salted vegetables at a hotpot restaurant there earlier this month. At…

HDB revamps its show flat gallery

Flat buyers can get fresh design ideas from HDB’s new show flats in the My Nice Home Gallery, launched on Wed. Located on the third floor of the HDB Hub at Toa Payoh, the gallery was previously known…

National Orchid Garden to be upgraded to showcase more orchid varieties

The National Orchid Garden, located in the Singapore Botanic Gardens, will undergo its first upgrade in 20 years to showcase more orchid varieties and improve visitor experience. When the upgrade is fully completed by 2020, visitors will get…

Heavy congestion on SLE towards CTE

There is congestion on SLE due to an oil leak on Lane 1, LTA said on Wed morning. One lane was closed off to clean up the oil. The lane was reopened at 9.39am. Ms Azliana A., who…

JTC and A*STAR launches new facility and centre for remanufacturing technology developments

Singapore’s first eco-business park CleanTech Park saw the addition of a new facility and tenant with the grand opening of A*STAR Advanced Remanufacturing Technology Centre (ARTC) and JTC’s building CleanTech Two today. ARTC is Asia’s first centre for…

Seller’s stamp duty redundant

More borrowers are defaulting on their home loans because of multiple factors, including interest rates trending up and the challenging rental market for landlords. (“Singapore empty homes may climb to highest since 1998”; Jan 16). The SSD, a…

Drinking ban should start at different times on weekdays, weekends

Regarding this week’s Talking Point, “The public drinking clampdown”, the word “clampdown” is a bit harsh, as there should be some form of controls on public drinking. The timing of the ban, 10.30pm, is a bit early, though.…

Public transport system: Use universal designs

We refer to the letters “Fuss-free ideas for prams on buses” (Jan 20) and “Passengers with children should adapt to transport system, not vice versa” (Jan 17). Public transport is important in enabling community living and should be…

Standard grille designs won’t spoil look of condos

It is timely and appropriate for condominiums to allow residents to install safety grilles on balconies and windows (“Call for condos to lift ban on safety grilles”; Sun). Condominium management committees should look into the safety of families…

To buy or not to buy: Will shareholders bite Keppel Land’s $3b privatisation bid?

Keppel Corporation took markets by storm when it unveiled its $3b privatisation offer for Keppel Land on Fri. The move ended the suspense of a three-day trading halt which fuelled a barrage of speculation from analysts and investors…

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