Daily Archives: November 26, 2015 (29 Articles Found)

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Colourful start to SG Heart Map Festival

The SG Heart Map Festival was officially launched tonight with a light wave formation involving about 3,000 people. The four-day festival, held at the Marina Bay floating platform, concludes a year-long crowdsourcing efforts to document Singaporeans’ stories of…

Perpetual debts do not circumvent rules for Reits

We refer to the report “Perpetual debt the new equity for S’pore landlords” (Nov 18). It mentioned that landlords are loading up on bonds masked as equity, i.e. perpetual debt, to get around the new requirements to cap…

Sibor to hit more than 2% by end-2016: OCBC

Homeowners with home loans pegged to Sibor could be paying much more this time next year. OCBC is forecasting that the three-month Sibor to which many mortgage rates are pegged could double and hit more than 2 per…

Visual markers of Sikh heritage

Standing at the junction of Lorong Bachok and Lorong 19 in Geylang is a striking 1929 shophouse. Its elaborate facade depicts classic Chinese myths and legends. But a closer look at the pillars at the entrance reveals two…

Consultants sought for KL-S’pore HSR

LTA is looking for consultants to gauge the financial viability of the proposed KL-Singapore high-speed rail (HSR) project, as well as the commercial risks that it may be exposed to. In the first such move to assess the…

Train disruptions in Singapore: Worrying pattern cannot be ignored

Wed’s rail disruption along the North-South Line, which affected tens of thousands of commuters during the morning peak, is worrying on two counts. First, it involved yet another electrical fire. Fires in a mass transit system, no matter…

Making cars take a back seat in urban commutes

On Tues, LTA released the findings of a nation-wide survey on active mobility. And the results were startling. Just slightly more than half of the 5,000 surveyed were willing to share road space with cyclists. This is despite…

Customise housing assistance to help families in need

I am heartened by the new Proximity Housing Grant (“20% of resale flat buyers seek proximity grant”; Oct 31). It enables different generations of families to live close by, thereby enhancing family bonding and caregiving support in Singapore’s…

Conduct train maintenance during the day

Various media reports have enabled the public to understand the tremendous efforts put in to manage the maintenance of the MRT trains and rail network in the short window of service closure during the wee hours of the…

Run bus services alongside MRT lines

With the frequent train disruptions, I urge LTA to reintroduce bus services that run parallel to MRT lines. Doing so will help to introduce the missing competition between the two operators, providing the pressure for them to improve.…

Make it easier for seniors to visit National Gallery

I was one of the more than 4,000 people who visited the new National Gallery Singapore on Tues. I congratulate the people who have done such a magnificent job in restoring the former Supreme Court and City Hall…

This Singapore-made app tells you where parking lots are & how to get to them

This morning, Continental an intl automotive supplier and technology company launched Park&Go @SG, a mobile app that helps drivers locate carparks and navigate to them. This is not the first app that helps users locate parking lots; there…

Healthy response to bumper launch

The Nov 2015 BTO and SBF exercise will close tonight. This is a landmark launch for HDB, with a record 12,411 flats on offer. It is also significant because several policy changes took effect, benefiting many more Singaporeans…

Motivating households to reduce electricity consumption

At the upcoming COP21 (Conference of the Parties) UN Climate Conference in Paris in Dec, Singapore will pledge to reduce its emissions by 2.5 per cent each year from 2020 to 2030. To reach this goal, households can…

Existing Reit markets still have room to grow

While it is good that several developing countries have been building up their nascent Reit regimes, some analysts and asset managers think that there is still a lot more room for existing Reit markets to build up their…

CPF Building sold for S$550m to Ascendas Land company

The landmark CPF Building at 79 Robinson Road has been sold for a higher-than-expected S$550 million, the CPF Board announced on Thurs. The public tender for the sale of the building attracted three bids, the highest of which…

M1 subscribers complain of no reception for a week

It was back to pre-mobile phone days for some residents of Hougang Parkview estate recently. From Nov 18, for over a week, a number of M1 subscribers said they could not make or receive calls on their mobile…

Workplace fatalities rise this year as more workers fall from height

Despite efforts by WSH Council to encourage safer workplace practices, more workers fell from height to their deaths in the first 10 months of the year, compared with the whole of last year. The council said today that…

Close to 1,600 more Bidadari flats to be launched in Feb: Lawrence Wong

In response to the strong demand for flats in Bidadari estate in its latest launch, HDB will be launching close to 1,600 units in the estate in Feb next year. This was announced by MND Minister Lawrence Wong…

All bicycles, not just electric ones, need to be regulated

I support the suggestions in the letter “Greater regulation needed for electric bicycles, riders” (Nov 24). I would state further that every means of transport used on the roads, including regular bicycles, should be regulated. The growth in…

Singapore ranks 7th in liveable cities index

The Republic is the world’s seventh most liveable global city, according to a study by the Asia Competitiveness Institute (ACI). ACI’s Global Liveable Cities Index, released on Thurs, ranked the Swiss cities of Geneva and Zurich at number…

Solar power taking off as alternative energy source in Singapore

Solar energy as an alternative source of power is taking off in Singapore, with the Government pushing to raise its adoption. The vast majority of electricity consumed in Singapore currently comes from burning non-renewable fossil fuels. Only less…

New mobile app uses HDB, LTA data to help drivers get carpark lots

A new mobile application to help drivers directly navigate to available parking spaces around Singapore was launched on Thurs. Called Park&Go @SG, it is the first product developed by the Intelligent Transportation Systems ITS Lab, jointly created by…

Siglap Road residential site up for sale

URA on Thurs launched a 19,309.6 sqm residential site at Siglap Road for sale by public tender. URA said the site, which has a lease period of 99 years, is under the Confirmed List of the second half…

New LRT train cars arrive at Sengkang-Punggol LRT depot

Two new LRT train cars arrived at the Sengkang-Punggol LRT depot on Wed. They are capable of operating in a two-car train system, increasing passenger capacity per train. The train cars arrived in Singapore from Mihara, Japan this…

Singapore can be trusted home base for firms amid regional integration: Heng

The Republic can play the role of a trusted home base for companies looking to expand regionally, amid increased regional integration efforts, according to Finance Minister Heng Swee Keat. Speaking at the 2015 Asia Competitiveness Institute Conference on…

SBS Transit to introduce five more wheelchair-friendly bus services

Transport operator SBS Transit said on Thurs it plans to introduce five more bus services that would be wheelchair-friendly. The five services -107/107M, 179, 14e, 89e and 151e will be rolled out on Dec 3 to mark the…

Can CDL Hospitality Trusts capitalise on Singapore’s rekindling tourist arrivals?

The hospitality firm naturally feeds on robust tourist arrivals on the city-state, and tourists have been thinking twice about visiting Singapore lately. But now that Singapore has been showing glimpses of recovery in tourist arrivals, analysts are wondering…

Check out the largest upcoming real estate deals in Singapore

Despite a slew of property cooling measures and subpar economic growth, a number of large real estate deals are still in the works in Singapore. A report by DTZ highlighted some hefty deals which are expected to be…

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