Daily Archives: February 2, 2015 (28 Articles Found)

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URA to decentralise business activities and commercial centres outside CBD

In an exclusive interview with CNA, URA’s Chief Planner and Deputy CEO Lim Eng Hwee said URA intends to intensify efforts to decentralise business activities and commercial centres outside the city. Decentralisation is a way to achieve a…

New centre to train Singaporeans for emergencies

More Singaporeans can get trained to better respond to emergencies, with the opening of a new Emergency Preparedness Centre by SCDF on Mon. Through interactive exhibits, the centre at the Central Fire Station will educate Singaporeans on what…

Singapore’s home mortgage rates continue to rise

The three-month Singapore Interbank Offered Rate (SIBOR) continued to push higher on Mon, touching 0.67863 per cent. SIBOR is a key interest rate that housing loans in Singapore are pegged to and it has been on an upward…

More sheltered walkways for commuters by 2018

More MRT and LRT stations will have new sheltered walkways to nearby facilities by 2018, said LTA. That is when 200km of new sheltered walkways under LTA’s Walk2Ride programme are expected to be completed. LTA said in a…

NTUC Income unveils one-stop centre to help motorists after an accident

NTUC Income has opened its Motor Service Centre (MSC), a one-stop depot to help motorists after an accident up until the time their vehicles are repaired and collected. Describing the centre as a “first-of-its-kind in Singapore”, NTUC Income…

Exclusion zones could create problems

Exempting parks and beaches from the new alcohol restrictions can result in people flocking to these “oases of consumption” and creating potential public disorder, Second Home Affairs Minister S. Iswaran warned yesterday “You must be prepared for the…

Alcohol control law: Hawker centres face same rules as coffee shops

Two WP MPs yesterday asked for greater clarity on alcohol rules for hawker centres, and asked that they be subjected to less stringent licensing requirements. Mr Pritam Singh (Aljunied GRC) said it was unclear if patrons at hawker…

Singapore has become less clean

Keep Singapore Clean campaigns in the early decades after independence led to spotless streets, but standards have dipped in recent years. Mr Liak Teng Lit, chairman of the Public Hygiene Council, which leads the Keep Singapore Clean Movement,…

Microsoft, A*STAR team up to build nation-wide operating system

Microsoft and research agency A*STAR have teamed up to build the world’s first nation-wide operating system in Singapore that will make more data available to the public, as well as between government agencies. The two organisations signed a…

NKF opens kidney dialysis centre in Nee Soon

Kidney dialysis patients living in Nee Soon constituency can now undergo treatment closer to home with the opening of NKF’s 26th dialysis centre today. Located at Blk 639 Yishun St 61, the Yishun 2 Dialysis Centre has 20…

Study: Measures to curb excessive shoebox units yield mixed impact

Measures to moderate the excessive development of shoebox apartments, commonly referred to as “Mickey Mouse” units, appear to have had a mixed impact on the offering of such small units outside the Central Area (CA). A specific study…

Keppel Land appoints KPMG as independent financial adviser to Keppel Corp’s offer

Keppel Land on Mon said that it has appointed KPMG Corporate Finance Pte Ltd as the independent financial adviser (IFA) to advise the independent company directors on the offer. A circular containing the IFA’s advice as well as…

New Sungei Seletar bus depot to be ready by Q3 2017

A new Sungei Seletar bus depot will be built to accommodate the growing bus fleet in Singapore, LTA said. Located off Yio Chu Kang Road beside SLE and Sungei Seletar Simpang Kiri river, the depot will accommodate about…

H1 2015 GLS programme to yield 2,530 private homes

The GLS programme for the first half of 2015 (H1 2015) will generate about 490 ECs and 2,530 new private homes spread across six residential sites throughout Singapore. Most of the upcoming housing projects are located in OCR,…

Government to get own telecoms network in smart nation push

A telecommunications network solely for public-sector use is being planned to drive Singapore’s smart nation agenda. This is a departure from the norm as the Government typically leases connectivity rather than own such networks. The new infrastructure will…

Vivian Balakrishnan: Clean city? Singapore not there yet

MEWR Minister Vivian Balakrishnan is the latest politician to take litterbugs to task. This comes after PM Lee Hsien Loong referred to trash left behind at a music festival and urged people to pick up their litter, and…

Pest busters going high-tech to sniff out rodents in hard-to-find places

To outsmart rats, pest controllers are arming themselves not just with glue boards and traps, but also a range of equipment such as motion sensors and infrared technology. Rats are intelligent and can adapt to urban spaces, so…

Fix problems that cause traffic to slow down

Instead of just raising ERP charges and extending the ERP hours, LTA should also look into why traffic is slowing at these points (“ERP at three AYE gantries extended by half an hour”; last Wed). The traffic congestion…

Time to revamp tender system for big projects

Senior transport correspondent Christopher Tan’s commentary (“Infrastructure projects: Lowest bid = Highest risk?”; last Thursday) strikes at the heart of financially troubled construction companies failing to complete big infrastructure contracts awarded by government agencies. He rightly lays emphasis…

Guard against rising costs of dying

I am disturbed by the growth of upmarket after-death service providers (“Carving a niche in after-death services”; last Mon). Average Singaporeans are already struggling with rising costs of living. As profit-minded young locals and foreigners enter the lucrative…

Residents of Sembawang share stories in new book

A book containing stories of Sembawang, as told by its own residents, was launched yesterday. Titled The Chronicles of Remembrance, the book was put together by some 80 students who interviewed residents at their homes. In the book,…

Columbarium tender puzzling

I refer to the report “No commercial columbarium at temple site in Sengkang” (Jan 30). What is puzzling is how a tender requiring domain expertise was awarded to a young company registered here last June (after the tender…

Grey areas in new liquor laws

I refer to the report “Stricter alcohol laws passed, expected to take effect in Apr” (Jan 31). While I support the liquor laws passed on Fri, I feel that the discussion and replies in Parliament have not given…

Don’t be spooked by rising interest rates, prospective home buyers urged

Prospective homebuyers should not be deterred from purchasing property in spite of the recent spike in interest rates. According to Colliers Intl Deputy MD Grace Ng, home prices expected to fall by a further 5-8% this year, and…

Robust office rental growth to falter in 2H15 on back of massive space availability

Office rents jumped 9.8% in 2014 as landlords continued to take advantage of the lull in new inventory., but analysts caution that the robust growth will not be sustained in 2015 . According to CIMB, rental growth is…

How will rising interest rates affect the residential property market?

Homeowners are expected to service higher monthly mortgages as the SIBOR continues to trend upwards, while rising interest rates will also dampen demand and increase the number of mortgagee sales. According to Colliers, homebuyers should adopt an even…

Over 7 out of 10 Singaporeans still dream of owning overpriced condos

Majority of Singaporeans still want to buy condos in spite of the high price, a report by PG revealed. The report showed that over 70% of Singaporeans still want to buy private flats, but 60% think that property…

Property stocks brace for capital outflows on back of weak SGD

The depreciating Singapore dollar is likely to result in capital outflows for SGX-listed property stocks, a report by UOB Kay Hian revealed. The report stated that the weak SGD reduces investors’ appeal for Singapore dollar-denominated assets, including Property…

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