Daily Archives: March 20, 2015 (16 Articles Found)

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Why Singapore still needs more cars

When the COE system was just four years old in 1994, well-respected transport and behavioural economist Anthony Chin predicted that, in time, only top earners in Singapore would be able to afford cars. The Government dismissed his assertion…

Bukit Batok’s rat horror days are over

After more than 300 hours of monitoring for rat movement, 20 infrared cameras deployed to track them at night and the clearing of vegetation, the Bukit Batok rat problem seems to have been solved at least for now.…

More staycation bookings for SG50 long weekend

While the extra public holiday on Aug 7 has got some talking about going away during the Golden Jubilee long weekend, others are making plans to celebrate the occasion by spending time with their loved ones in Singapore.…

National Solidarity Party calls for more affordable nursing homes in Singapore

NSP has called for nursing homes in Singapore to be made more affordable for the middle-income group, amid a trend of Singaporeans turning to Malaysia for cheaper nursing home alternatives. “With the Government committed to building more nursing…

MND applies to court to appoint independent accountants to safeguard S&CC grants disbursed to AHPETC

MND has made a court application to appoint independent accountants to safeguard Government grants to the AHPETC, and to take necessary steps in respect of payments made by the town council. Court documents were served on the AHPETC…

ITE colleges have blend of passive, active security

We thank Mr Francis Cheng for his letter “ITE slashing raises questions about campus security” (Mar 13). ITE colleges are designed to be an integral part of the community. The intent is to allow the community to use…

Wild City reveals hidden treasures of local ecosystem

I was amazed by the first episode of the programme Wild City, which aired on CNA on Sun and was narrated by natural history legend David Attenborough. It revealed the hidden treasures in our Lion City’s ecosystem, and…

NEA announces tighter industrial emission standards

New industrial plants will have to meet tighter industrial emissions standards imposed by NEA from July 1. Existing plants will be granted a grace period until July 1, 2018 to comply with the revised standards for compounds of…

Commercial building owners sub-dividing units for sale

Owners of commercial buildings such as Prudential Tower in Cecil St are extracting more value from their investments by sub- dividing units and selling them. Units at Prudential Tower are in the process of being split up by…

Capri by Fraser transacted at $203.4m

A unit of Frasers Centrepoint Limited is paying S$203.4 million for Capri by Fraser, Changi City. The price translates to nearly S$650,000 per room for the 313-room “hotel residence” – or a serviced apartment- hotel hybrid – which…

Equinix opens flagship DC in Singapore

Equinix, one of the world’s largest data centre (DC) operators, opened its third DC in Singapore on Wed. This will be its flagship DC and its largest in the Asia Pacific region. The Intl Business Exchange (IBX) data…

Worker dorm to include training facilities

A training facility will be included in a new dormitory in Jurong to give foreign workers more opportunities to increase their skills. The $200 million project in Jalan Papan near the Jurong Island checkpoint is a collaboration between…

Is S’pore property still attractive to property investors?

Many economic and social activities move in cycles. There is a time for investing and a time for harvesting the fruits of one’s investments. For the real estate market, it is no different. In 2014, investment sales transacted…

Venturing into overseas property investment

During the last six years, the Singapore government had introduced a number of cooling measures to moderate the demand for residential properties on the back of rising property prices. These measures include ABSD, SSD, and TDSR framework. On…

Private property purchases by permanent residents hit all-time high in 2014

The proportion of private property purchases by PRs jumped to an all-time high in 2014, with 18% of private property purchases made by PRs. According to DTZ, this figure was the highest yearly proportion of purchases by Singapore…

Shophouse transaction volume almost halved in 2015 on back of fierce price stalemate

It’s a case of sentiment over profit for most shophouse owners, and their reluctance to sell their unique assets cause shophouse transaction volume to drop by almost half in 2014. Data from Colliers show that a total of…

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