Daily Archives: August 2, 2016 (21 Articles Found)

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Fresh mortgagee sale listings at record high in Q2

The number of fresh mortgagee sale listings in Singapore hit a record high in the second quarter amid a lacklustre leasing market. Property consultancy Knight Frank said there were 31 fresh listings under mortgagee sale in the Apr…

3 mistakes young Singaporeans make when purchasing their BTO flat

Balloting for that BTO flat or shopping around for a resale flat are practically a rite of passage for young Singaporeans about to tie the knot. Since it’s something so many here go through, people tend to go…

Public housing in Singapore : From slums to high-rise

“One of the world’s worst slums”. “(A) disgrace to a civilised community”. These are just some phrases used to describe Singapore back in 1940. Looking around at the sleek, cosmopolitan city that Singapore is today, we wouldn’t blame…

Kampung Admiralty is on Track

Two years ago, I unveiled the plans for Kampung Admiralty, next to Admiralty MRT Station. It is an integrated development, a one-stop hub to meet the community’s diverse needs. Besides two blocks of housing for the elderly, this…

Transport operators welcome PTC’s recommendations to improve public transport

Transport operators on Tues welcomed the suggestions detailed by PTC on how to improve public transport for commuters. The report, which was released on Mon, outlined recommendations to make public transport more accessible for wheelchair-bound commuters, the elderly…

4 injured after hawker stall at Old Airport Road catches fire

Three men and a woman sustained burn injuries after a hawker stall at 51 Old Airport Road caught fire on Tues. According to SCDF, preliminary investigations revealed that the incident was caused by a flash fire arising from…

Commuters frustrated after SMRT hit by 3 track faults in a day

Commuters were left frustrated after transport operator SMRT was hit by three train delays in the span of a day, with two track faults occurring on the North-South Line and another on the East-West Line on Tues. SMRT…

Research, test centre for self-driving vehicles launched

With autonomous vehicle (AV) technology growing more advanced by the day, the authorities here have launched a new centre and test circuit to develop testing requirements for such vehicles. The Centre of Excellence for Test and Research of…

S’pore-KL HSR among potential projects: Surbana Jurong

The Singapore-KL high-speed rail (HSR) is the type of project that the new Surbana Jurong group would gun for following its S$400 million acquisition of Australian infrastructure player SMEC, chairman Liew Mun Leong said. “Of course, for anything…

S’pore can set an example through Mandai conservation

It is good to see the efforts made to help preserve nature in Singapore (“Nature groups propose changes to alleviate environmental impact in Mandai”; July 29). The latest, involving the development of the Mandai mega nature attraction, which…

Level the playing field for adopters of electric vehicles in Singapore

The case for electric cars is now more compelling than ever, given the global commitment to improve air quality and reduce pollution-related costs, especially with the move towards achieving the goals of COP 21 (the 2015 Paris Climate…

Crowne Plaza Singapore Changi Airport opens S$82m wing

With upcoming developments in Singapore’s aviation hub over the next few years, including Changi Airport’s T4 and Jewel Changi Airport, Crowne Plaza Singapore Changi Airport has opened a new extension in anticipation of the increasing numbers of visitors…

Princess Theatre Building in Bedok to be demolished

Tenants at 33-year-old Princess Theatre Building are relocating or closing for good. My Paper understands that some received notices to move out by end-Aug. At NTUC club Happy Days, a notice on its door said it is closing…

A call to reduce escalator speeds at MRT stations

After taking on board the views of hundreds of commuters, PTC has released a raft of recommendations to make rides more comfortable and less daunting for everyone, including families, seniors and wheelchair users. To address overcrowding in front…

Bin centre was a complicated project, says NAC after AGO flags high consultancy fees

NAC has defended the higNAC has explained the high fees paid to consultants of a centralised refuse collection project in the Civic District, saying it was “not a simple bin centre to build”. There were many technical challenges…

MOM: Improve conditions of factory dorms

MOM yesterday called on operators of what it calls “factory converted dormitories” (FCDs) to improve the housing conditions of foreign workers. FCDs are dormitories for foreign workers that are housed in partially converted factories or other workplaces. Last…

Marsiling flats’ water supply cut off for over four hours

Residents at a HDB flat in Marsiling had to queue for water on Sun as the supply was cut off for over four hours. The incident happened at about 3.30pm at Blk 180C, Marsiling Road. About 420 families…

Prime homes for auction dropped to a 2-year low in 2Q16

Singaporeans may be snubbing the glitz and glam of luxury homes as auctioned properties dropped to just 21 units from districts 1, 9, 10, and 11, the lowest since 2Q14. According to a recent report from Knight Frank,…

Upscale, mid-tier hotels best faring segments in Singapore

Upscale and mid-tier hotels emerged as the best performing segments in Singapore’s hospitality market during the first five months of 2016, with RevPAR rates increasing, revealed a CBRE report. From Jan to May 2016, upscale and mid-tier hotels…

Toa Payoh flat sold for $980,000

A 23-year-old executive flat in Toa Payoh was sold for a whopping $980,000 in June this year. Based on figures on the HDB website, the price is comparable to those sold at the iconic Pinnacle @ Duxton. Located…

RESI in 2Q2016 showed less pessimism among developers

The overall market sentiment has shown signs of improvement in developers’ sentiment, although still pessimistic, according to 2Q2016 RESI. The composite sentiment index stood at 4.2 in 2Q2016, up from 3.8 in 1Q2016, which has lifted the weak…

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