Daily Archives: September 23, 2015 (20 Articles Found)

CBRE: Residential sales accounted for 30% of investment sales in 3Q2015

Despite the uncertain economic conditions, the preliminary total investment sales volume for 3Q2015 stands at $2.86 billion. This is 35% lower than the volume in 2Q2015, and 44% lower than it was a year ago in 3Q2014, says…

More than 500 e-applications received for Signature at Yishun

The application for Signature at Yishun EC has closed. A total of 507 e-applications were received for the 525-unit project located along Yishun St 51/Yishun Ave 1. According to the developer there is a fair mix of first-time…

Exciting next lap for suburban regional centres and new growth corridors

The craze for suburban condominiums, commonly known as “condominium fever”, from around 2010 to 2013, seems to be quite over. That period saw many HDB upgraders snapping up properties in suburban condo projects, but the craze generally fizzled…

Location scan: Residential site at Lorong Lew Lian triggered for tender

A residential plot in Lorong Lew Lian will be put up for tender, after a developer committed to a minimum bid of $250 million. What’s available near the residential site at Lorong Lew Lian? As an overview, there…

Construction sector urged to embrace Design for Manufacturing and Assembly process

Amid the push for productivity, the construction sector has been urged to embrace the Design for Manufacturing and Assembly (DfMA) process. At a Singapore Contractor’s Association dinner on Wed, Minister of State for National Development Desmond Lee said…

More land for integrated construction and prefabrication hubs to reduce construction manpower

The Republic plans to release more land for complexes where building components can be put together in a factory environment, so as to reduce the need for manpower in the construction sector, said Senior Minister of State for…

Singapore is top destination in the world for expats: Survey

Expats ranked Singapore the top destination in the world for them as it provides the right balance of career opportunities, lifestyle, and a stable economy, according to a HSBC survey released on Wed. The HSBC Expat Explorer placed…

Yusof Ishak Secondary School named Centre for Teaching and Learning Excellence

MOE announced on Wed that it is designating Yusof Ishak Secondary School (YISS) as a Centre for Teaching and Learning Excellence as part of a move to boost the professional development of teachers in Singapore. Five to seven…

Why is the government not doing enough to promote alternative means of transport in Singapore?

In our little urban island, cycling is like sex. It’s enjoyable, it causes you to sweat and, if you’re into that kind of thing, two people can ride simultaneously. But like sex in Singapore, not everyone is happy…

MoneySmart

HDB or bank loan? Which should you be taking when you buy your home?

This is a common question that most Singaporeans will ask themselves when they purchase their first HDB flat. DollarsAndSense looks at whether you should be taking an HDB loan or a bank loan when you buy your flat.…

Dollars And Sense

CDL to start taking e-applications for The Criterion EC in Yishun from Thurs

Listed property heavyweight City Developments said on Wed that e-applications for its The Criterion EC housing project will begin on Sept 24 and end on Oct 4 this year. It will start accepting sales bookings on Sat, Oct…

The Business Times

SMRT to be fined S$5.4m for July 7 train disruption

Rail operator SMRT will be fined S$5.4 million for Singapore’s worst train disruption, which affected 413,000 commuters two months ago, LTA said today. The operator was fully responsible for the July 7 incident and had fallen short in…

TODAYonline

Bumper launch of 12,000 new flats in November: Khaw

Nov will see a bumper crop of about 12,000 new flats enter the housing market due to a delay of a BTO launch previously scheduled for Sept, MND Minister Khaw Boon Wan said today. Of these, 7,000 will…

TODAYonline

Cyclists have right of way too, shouldn’t be singled out

Singapore is progressing towards less pollution in the transport system by encouraging people to travel by trains and cycling. I am thus dismayed that the use of bicycles has been discouraged by the singling out of petty infringements…

TODAYonline

Precast building parts factory opens; cuts manpower for building projects by 30%

The first highly automated and mechanised factory producing components for the construction industry opened on Wed. The integrated factory, built by construction firm SEF Group, produces precast components such as walls, staircases and beams.The factory cuts down the…

The Straits Times

HMV to close its last remaining outlet

The last HMV outlet here, in Marina Square, will close by the end of the month. A notice on its website announced the closure and a “plan to re-open a new store in the near future”. Contacted yesterday,…

The Straits Times

Is it time to lift property curbs?

Some stakeholders have renewed their calls for property cooling measures to be relaxed, especially now that GE is over and a new Cabinet will be unveiled soon. These measures introduced over eight rounds from 2009 to 2013 have…

The Straits Times

An upcoming bumper launch of 12,000 flats

We have originally scheduled two BTO launches for the rest of this year, in Sept and Nov. As it turned out, we were able to finalise three major housing policies which would further enhance affordability and build flexibility…

MND Singapore

Singapore Business Review

Time to re-think Singapore’s zoning rules, analysts urge

Singapore takes pride in its well planned urban fabric – there’s space set aside for everything in the city-state, from residential properties to parks and malls and warehouses. However, a report by JLL noted that it might be…