Daily Archives: March 3, 2015 (23 Articles Found)

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Bukit Batok still plagued by rats

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3-month Sibor now double last year’s rate

SMRT apologises for recent spate of rail disruptions, says incidents are unrelated

The recent spate of rail disruptions on SMRT’s network over the past week were unrelated incidents, the transport operator said in a statement on Tues. Apologising for the inconvenience caused to commuters, SMRT added that it is deeply…

Recent spate of incidents on SMRT rail network ‘unacceptable’: LTA

The recent spate of incidents on the SMRT rail network, including today’s disruptions on the Circle and East-West Lines, are “unacceptable”, said LTA, noting that “commuters have been severely inconvenienced again”. “LTA has directed SMRT to investigate the…

No more bottle trees, but new park retains old charm

A new leisure park where visitors can go fishing or prawning round the clock has opened on the site of the former Bottle Tree Park in Yishun. Called Orto, which means garden in Italian, the park is about…

Qualifying Certificate scheme: Time for review

Some property developers have turned to creative restructuring over the past few months to escape hefty penalties for their unsold private homes. They have sold those homes to a subsidiary, or gone to the extent of delisting, in…

Train service on East-West line resumes after delay caused by track fault

A second train fault in one day, this time affecting train service on the East-West line from Boon Lay to Queenstown stations toward Pasir Ris, has been rectified. SMRT said in a tweet on Tues at 7.06pm that…

Crane topples at construction site in Punggol

A crane at a construction site of an upcoming EC in Punggol toppled over on Tues evening. Although a worker sustained minor injuries, there were no fatalities, a MOM spokesman said. The incident took place at the Ecopolitan…

Bridging the social divide in housing

Realism suggests that the rich-poor divide in society cannot be bridged merely by building more HDB flats on prime land. In drawing attention to this stubborn fact of social life, MSF Minister Chan Chun Sing has reiterated the…

Staff need to communicate better when serving residents: Dr Lily Neo

Government agencies need to have effective leadership and send staff for training to gain good communication skills with residents, said MP for Tanjong Pagar GRC Dr Lily Neo on Tues. She said as Singapore continues to build its…

New loop service 122 to serve new housing estates at Margaret Drive, Kay Siang Road

Commuters from the new housing estates at Margaret Drive, Dawson Road and Kay Siang Road will soon enjoy a new bus service that connects them to nearby MRT stations and facilities. Loop service 122, which will start on…

Man jailed for lying about address in daughter’s school enrolment

Wanting to enrol his daughter in a prestigious school, a self-employed man lied about where he lived — and ended up being sentenced to two weeks in jail. The 35-year-old man, whose name has been withheld to protect…

Rising Singapore interest rates sting mortgage borrowers

The era of ultra-easy money is drawing to an end for Singapore mortgage holders, with domestic interest rates rising at their fastest pace in a decade in a country that already ranks among the world’s most expensive places…

Leak disrupts water supply in Eunos

For 17 years, she has made herself a cup of coffee before going to work every morning. Yesterday, she could not because there was no water supply. The 48-year-old teacher, who wanted to be known only as Ms…

Singtel to deliver LTE speeds of up to 450 Mbps

Local telco Singtel on Tues announced that it will soon be able to deliver LTE speeds of up to 450 Mbps for its customers with Samsung Galaxy devices based on Ericsson’s LTE-Advanced technology. Singtel said the technology will…

S$323 million contract awarded for Changi Airport T1 upgrading works

A $323 million contract has been awarded to Takenaka Corporation for expansion works of Changi Airport’s T1. Changi Airport Group (CAG) announced that there’ll be new check-in counters with two new check-in rows to be installed to increase…

Packed stations on Circle Line after rush hour disruption

A signal fault that resulted in a disruption of train services between Pasir Panjang and HarbourFront this morning was cleared in about half an hour, but the delay, compounded with morning commuter crowds, saw larger-than-usual crowds at other…

Worry about marine life mounts as more fish die

As fish carcasses continued to wash up on Singapore’s shores yesterday, marine enthusiasts voiced concern about the amount and variety of wild fish and other animal species affected. They spoke of the need to boost the resilience of…

Bukit Batok still plagued by rats

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Rats are still running amok in Bukit Batok, invading homes, shops and even a childcare centre. This is despite measures taken to eliminate the rodents after a major infestation reported along a slope next to Bukit Batok MRT…

3-month Sibor now double last year’s rate

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The key three-month Sibor’s (Singapore interbank offered rate) relentless climb has pushed it to more than double last year’s rate, as the US dollar continues to rally. Yesterday, the three-month Sibor rose to 0.786 per cent, 102 per…

Court throws out man’s bid to get back $500k in ‘love gifts’ to mistress

The High Court threw out a Singaporean businessman’s bid to recover “love gifts” allegedly worth $500,000 from his China-born mistress after their two-year affair soured. The court found Mr Kua Tee Beng, 67, could not back his claim…

Prices of small private housing units holding out well – for now

So far, price declines for completed private apartments and condos have been less pronounced for small units. But things could be headed for a change, as more shoebox units are completed and the competition for tenants intensifies. Based…

Swensen’s operator on property trail

ABR Holdings, the Singapore franchisee for Swensen’s ice-cream and restaurants, has evaluated 10 property development opportunities as part of its diversification effort. A year from the time it first proposed its business diversification, the company has not found…

Core Central Region sites see largest development charge rate cuts

Development charges (DC) rates declined significantly in most sites in the CCR on back of weak home-buying sentiment and persistent price declines in the high-end sector. According to Colliers, 73 out of 118 DC Sectors registered falls. They…

Rental income props up Ho Bee Land’s lacklustre results in FY14

A dearth of new property sales has pushed Ho Bee Land to rely almost entirely on rental income for revenue growth. According to CIMB, Ho Bee is banking on recurring income from its office portfolio while waiting for…

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