Daily Archives: May 6, 2016 (15 Articles Found)

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Why we should not buy any private property until 2017

Recently, URA has released 1Q2016 statistics and it clearly shows that our property market is still weak and can potentially see further price correction, in consumer’s favour. The prolonged price struggle between property developers and consumers has occurred…

How fast are 4G speeds in your part of Singapore?

4G mobile broadband speeds are slightly faster in the Eastern parts of Singapore, according to crowdsourced information published by the Government data portal DataGov.Sg. The portal mapped out median 4G speeds in parts of Singapore based on information…

View Singapore’s national monuments in 3D at Raffles Hotel arcade

The public will be able to explore different architectural features of some of the country’s national monuments in 3D as part of a new exhibition. Called “In Sight”, the Preservation of Sites and Monuments’ showcase will run from…

NTU’s new sports hall roof doesn’t need pillars

The massive arched roof of NTU’s new sports hall has taken shape without a supporting pillar or scaffolding in sight. Instead, the curved surface is formed by beams arching from one end to the other, with the last…

NParks, PUB and AVA advise public not to release animals into the wild

A public awareness exercise on the dangers of releasing animals into parks, ponds, nature areas and reservoirs will be held in 17 parks, nature reserves and reservoirs. NParks and PUB will lead the campaign “Operation No Release” which…

New estate agents association names its inaugural CEO

The newly minted Singapore Estate Agents Association (SEAA) has appointed real estate veteran Wong Cheong Hong, the former KEO of Dennis Wee Realty, as its inaugural CEO. As part of the string of common services it is rolling…

Smart property for a smart nation

Last month, SISV, an association of private valuation firms, declared that automated valuation models (AVMs) are “not considered valuations (in accordance with the SISV Valuation Standards and Practice Guidelines)”. What are AVMs? Where are they used? And why…

EC e-applications not translating to sales

The strong interest expressed for recent EC projects in the form of e-applications have not resulted in actual launch sales, a trend industry players say is pointing to a potential supply overhang of ECs in the short-term, one…

DRB-Hicom calls off sale of The Verge

More than four months after it announced the proposed sale of The Verge mall in Little India, DRB-Hicom has officially called off the deal. The termination was due to the inability of the buyer, a Singapore-incorporated vehicle controlled…

Viable ways to share KL-S’pore high-speed rail costs, revenue

I refer to the letter “Will high-speed rail to KL be worthwhile for S’pore?” (Apr 18). The proposed KL-Singapore high-speed rail is at an advanced stage of discussion, and a MOU will be signed by Malaysia and Singapore…

Time-outs for MRT services may ensure better repair work

I am a senior citizen who still enjoys driving myself around. But looking ahead to the time when I cannot drive and have to use public transport, I look forward to a reliable MRT system. As part of…

Is Singapore’s property market headed for a faster-than-expected recovery?

Has Singapore’s property market finally hit bottom? Analysts say that the unexpected increase of prime home prices in the first quarter might indicate that the property market may be recovering sooner than expected. “This rate of increase can…

Frasers Hospitality Trust raises $100m in debut perpetual securities issuance

Frasers Hospitality Trust has raised $100 million in its maiden issuance of perpetual securities at a fixed distribution rate of 4.45% per annum. The issuance garnered strong investor interest, with orders in excess of S$500 million. Institutional investors…

Singapore is unlikely tourist hotspot as casinos draw Chinese

Singapore is no longer just a stop-over point for tourists catching connecting flights to beaches in Thailand and Bali. More travelers are making the city state their final destination, in large part after ending a decades-old ban on…

Mortgagee sales of condos continue to climb

At JLL’s auction on Apr 28, a 1,604 sqft unit at OUE Twin Peaks was put up for sale. That was the first mortgagee sale at the prime District 9 condominium on Leonie Hill Road to date. The…

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