Daily Archives: February 25, 2016 (27 Articles Found)

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Singapore may relax some curbs this year, City Developments says

The longest losing streak in Singapore residential prices in 17 years may prompt the government to take its foot off the brakes and relax some property curbs this year, the city-state’s second-biggest developer said. Kwek Leng Beng, the…

Distance-based ERP model will allow more flexibility in managing vehicle use: Analysts

The distanced-based model for the new ERP system will give authorities more flexibility in managing vehicle use, transport analysts told CNA. “What we really want to see is the drivers, the car owners, be more careful in making…

10 things to know about the next-generation ERP system

LTA said on Thurs it will roll out Singapore’s next-generation ERP system from 2020. NCS and MHI Engine System have clinched the deal to build the satellite-based system. The partnership’s winning bid of $556 million is less than…

Seeing the last of parking coupons?

A group of five final-year students from TP are trying to do away with parking coupons. If their mobile application, eParking, proves successful, it could eliminate the hassle of tearing out parking coupons. The app allows drivers to…

Settling spats civilly, not legally

Social capital, captured by the local term “kampung spirit”, refers to the goodwill, concern and friendly exchanges among people who form a social unit. Often associated with traditional communities living in less dense conditions, it is ironically in…

Potential gains for residents along skirting alignment

Losing one’s cherished home is never easy (“Cross Island Line sparks residents’ fears”; Sun). Residents living along the proposed alternative Cross Island Line alignment skirting the Central Catchment Nature Reserve have understandably raised concerns that they may lose…

Zero impact on nature not realistic in S’pore

The debate over the impact of the Cross Island MRT Line on nature and on residents highlights the need to have moderate and diverse views, so that a balanced and informed decision can result. There are some arguments…

Fun and games part of the package at workers’ dorm

At the PPT Lodge 1B run by S11 Granuity Management, the welfare of residents is a priority. The brightly-painted dormitory, which can accommodate up to 14,000 workers in 13 four-storey blocks, sits opposite the Marina Country Club in…

Don’t write off more affordable flats in new estates, say experts

With half of the new flats this year slated to be built in mature estates, home buyers are cheering the higher chance of getting a home in a coveted location. But some property experts urged young couples not…

Parts of heritage site to be cleared for MRT

Parts of a heritage site in Tanjong Pagar that dates back to Singapore’s colonial era are set to make way for the future Prince Edward MRT station. A knoll that houses the remnants of six Parsi graves will…

Void deck railings to stop ball games

A set of barriers that caused confusion among residents of a Queenstown HDB block when they were installed at its void deck were set up to stop football being played, Tanjong Pagar Town Council clarified yesterday. Three railings,…

Lian Beng to buy Broadway Plaza in Ang Mo Kio for S$51.5m

Construction group Lian Beng has inked a deal to buy Broadway Plaza in Ang Mo Kio for S$51.5 million, it said in a SGX filing on Thurs. Broadway Plaza is a leasehold 5-storey commercial property in Ang Mo…

Are ECs a better long-term investment than condos?

Prices of ECs do catch up with private condos after the initial five-year MOP, and even more so when they are fully privatised 10 years after purchase. A study by OrangeTee has found that the average price gap…

Next-generation ERP system was more than a decade in the making

The new satellite-based ERP system that will cost over half a billion dollars and will be operational from 2020 has been more than a decade in the making. Work on it began around 2002, but it was only…

New satellite-based ERP system will cost S$556 million to build and go live in 2020

The winning bid for the next-generation ERP System to be developed for S$556 million from the second quarter of this year has been awarded to the consortium of NCS and Mitsubishi Heavy Industries Engine System Asia, announced LTA.…

Students to be involved in daily school cleaning by year end

By the end of the year, all students will help in the cleaning of their school. This will cover areas such as classrooms and other common areas like canteens and corridors. Some of the tasks will include sweeping…

BTO flats in Bidadari subscribed by 4 times after 24 hours

A little over 24 hours after applications opened for this month’s BTO exercise, five-room and Three-Generation flats in Bidadari estate are already subscribed by four times. As of 11.20am Thurs, some 914 applications have been received for 236…

S’pore is most liveable location for Asian expats: Survey

The Republic remains the most liveable location in the world for Asian expatriates for the 17th year running, based on a survey by consulting firm ECA Intl. Singapore was placed ahead of Adelaide, Sydney and Osaka which were…

Improper litter disposal provides mosquitoes with breeding areas

With the number of dengue cases rising and fears of the Zika virus hitting our shores, I am certain NEA is doing its best to remove mosquito breeding habitats. One major reason these mosquito breeding habitats are increasing…

All road users, including pedestrians, must be mindful of others

There have recently been concerns raised over shared paths for pedestrians and cyclists, possibly because of an incident where a child was injured by a cyclist at a park connector. But if Singaporeans are to accept cycling as…

Singapore aims high as Asia’s LNG trading hub

The growing importance of adopting cleaner ways to generate electricity worldwide has brought LNG into the spotlight as one of the most affordable and less environmentally damaging fuels. Singapore, with its strategic location, has bold plans to grow…

Costly entry for 4th mobile operator

If there were ever any doubts about the Government’s intention to pave the way for a fourth telco operator in Singapore, they were dispelled by IDA last week. Despite the industry’s chorus that there was no need or…

Singapore ranks 11th in world most expensive office rental markets

Singapore ranks 11th in JLL’s list of most expensive office rental markets in the world, as new supply resulted in more competitive rental prices and comparatively lower occupancy costs. “We are in a new era of city competition,…

URA launches site in Sembawang

A residential site at Jalan Kandis in Sembawang was launched for sale by public tender this morning by URA. Released under the confirmed list of the first half 2016 GLS Programme, the 75,851 sqft plot has a GFA…

Singapore’s luxury homes look attractive vis-à-vis London, Sydney

Singapore’s 15% ABSD seems prohibitive and has been the biggest deterrent for foreign buyers. However, the regulatory changes affecting foreign buyers in the London and Sydney markets over the past year have enhanced the appeal of Singapore private…

S’pore among weak performing office markets in APAC: report

Office rents in Singapore slid in Q4 2015 amid the lacklustre business sentiment that has forced some companies to scale back operations, according to the latest report from Knight Frank. At the end of Dec, gross effective rents…

Singapore fends off regional rivals, clinches spot as Asia’s best city for expats

Singapore is Asia’s best city for expats in terms of overall quality of living, according to latest Mercer’s 18th annual Quality of Living survey. The city-state holds the 26th spot in the global ranking of 230 cities, preceded…

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