Daily Archives: August 24, 2015 (25 Articles Found)

Archives
  • Daily Archives

  •   24
    M T W T F S S
     12
    3456789
    10111213141516
    17181920212223
    24252627282930
    31  
    APPLY

Plan to give families a fresh start could be ready early next year

A new scheme to help former homeowners living in rental flats buy two-room flats, as well as provide support for their other problems, like debt or unemployment could be rolled out early next year, said MND Minister Khaw…

More help for first-time buyers

Starting from the next BTO launch next month, lower- and middle-income first-time buyers can enjoy a bigger Special CPF Housing Grant (SHG) and a higher SHG income ceiling of S$8,500. The maximum SHG amount will be doubled, from…

Kingsmen Creatives buys land from JTC for S$7.07m to build new HQ

Kingsmen Creatives Ltd said the company has on Mon accepted an offer from JTC to acquire about 5,251 sqm of vacant leasehold land located at Changi Business Park for a cash consideration of S$7.07 million. The group plans…

Sibor jumps to 5-month high of 0.996%

The three-month Sibor, which is used to set interest rates on mortgages, spiked up to a five-month high of 0.9960 per cent after the Singapore dollar slumped to a fresh five-year low against the US dollar. The rate…

BTO flat supply can be adjusted to meet higher demand, housing policy changes not because of GE: Khaw

Those applying for new HDB flats and ECs need not worry about greater competition with the latest income ceiling raise, as supply can be adjusted when necessary, MND Minister Khaw Boon Wan said on Mon. “We have leverage…

Let soldiers provide transport instead

Instead of getting soldiers to manage the crowd during train disruptions (“Soldiers may help manage crowds in rail disruptions”; Aug 21), we should let them drive the commuters to their destinations instead. Our military camps have a fair…

Get SAF help only in a major rail disruption

The announcement that SAF may be roped in to help manage crowds during rail disruptions (“Soldiers may help manage crowds in rail disruptions”; Aug 21) has generated some debate. SMRT, being the rail operator, must have the basic…

Keep public, private issues separate

It is not right to rope in soldiers as marshals in the event of a massive train breakdown (“Soldiers may help manage crowds in rail disruptions”; Aug 21). SMRT should take its own measures and pay to manage…

SIT to promote ‘close symbiotic relationship’ with industry partners

Following PM Lee Hsien Loong’s announcement in his National Day Rally speech on Sun that the Singapore Institute of Technology (SIT) will get a new centralised campus in Punggol, the institute’s president said it wants to have a…

Raised income ceiling a chance for developers to clear unsold ECs: Analysts

More Singaporeans will be able to apply for new HDB flats and ECs now that the income ceiling for buyers has been raised to S$12,000 for new HDB flats, and S$14,000 for ECs. While the HDB is expected…

Special CPF Housing Grant changes to apply from Sept BTO exercise

To further help lower-income and middle-income households afford their first homes, the Special CPF Housing Grant (SHG) will be increased. The changes, which were announced on Sun at the National Day Rally, will apply from the Sept BTO…

S$20,000 housing grant for those who wish to stay near or with family

Families looking to buy a resale flat to live with or near their parents or children will get an additional S$20,000 to offset costs, under the new Proximity Housing Grant (PHG) aimed at getting extended families to live…

Binjai Rise mortgagee-sale GCB sold for about $13m

A partially completed Good Class Bungalow (GCB) at 15 Binjai Rise, located next to the noisy PIE, has finally been sold after two rounds of auctions and a tender. Talk in the market is that the price paid…

Bernice Liu might buy property here

Hong Kong actress Bernice Liu is head over heels in love with Singapore after filming in the Lion City for three months. She is toying with the idea of buying property here. “If we (Lion Moms gets) a…

Which Singaporeans will benefit the most from the new special housing grant changes?

The way the eligibility for the Special Housing Grant has changed is like the way education in Singapore has changed. In the past, having a diploma or a basic degree would put you on the fast-track in your…

It’s better to rent than to buy

Residential property prices have softened by 7% over the last two years. A common question we hear these days is, “Should I buy now?” Given all the facts about the oversupply of residential properties, high vacancies, declining rentals…

Parking fee of $957 turns into $20,000 legal bill

A resident challenged the mgmt of her condominium over a $957 parking fee and now faces a $20,000 legal costs bill after the dispute escalated. Ms Hazel Tan paid the sum for parking in another resident’s unused space…

New link bridges at two MRT stations

It used to be hard getting in and out of Commonwealth and Queenstown MRT stations during peak hours. Each of the two overhead stations had just two entrances leading to the ticket gantries at one end. But yesterday,…

Kolam Ayer – from swampland to modern estate

It is hard to imagine Kolam Ayer, a modern neighbourhood in Kallang today, as a swampland in the 1800s, inhabited by people who lived in sampan panjang, or long boats, and caught fish for food. This piece of…

Higher income ceilings to also benefit singles, elderly citizens

More singles will qualify to buy new or resale two-room flats from the HDB, with the income ceiling raised from S$5,000 to S$6,000, in tandem with the higher income ceilings for households to buy new flats and EC…

Housing moves to benefit HDB sector, hit private market: Analysts

The increases in income ceilings for households buying new HDB flats and ECs, and the Proximity Housing Grant will drive more buyers to the public-housing market and hit the private residential sector, said analysts yesterday (Aug 23). “This…

Home buyers must consider facilities’ maintenance costs

We refer to the Big Read article “To battle a slump, developers trot out bells and whistles” (Aug 22). While developers successfully entice purchases by offering indoor/outdoor theatres, a boxing ring, a flying fox, a swirl-and-splash water slide,…

Our achievements renewing the NSEWL to serve you better

We have successfully replaced all 96,000 wooden sleepers on the North-South Line Passengers on the North-South Line enjoy a smoother and safer journey with old wooden sleepers replaced with longer lasting concrete ones. We are now working to…

Should you invest in Singapore property now?

A slew of property cooling measures introduced by the Singapore government over the last few years have taken a toll in the Singapore property market. Not that potential investors are complaining, as take-up rates in Q2 of 2015…

MCL Land sells 247 units at Sol Acres

MCL Land, a subsidiary of Hongkong Land, sold 247 units at its Sol Acres EC in Choa Chu Kang Grove as at 5 pm on Sun. Of these, 246 units were transacted on the first day of sales…

Sign In to Bookmark This Story

Sign In with Google