Daily Archives: March 8, 2017 (29 Articles Found)

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Push to boost use of building technologies

MND is looking into making the construction and real estate industry more productive. One major push will involve adopting pre-fabricated building technologies, also known as Design for Manufacturing and Assembly (DfMA), through a tax relief scheme, said Senior…

‘Lego’ method helps speed up nursing home construction

At a new nursing home in Woodlands Crescent, putting the rooms together like Lego blocks has helped speed up construction by three months. Minister of State for Health Chee Hong Tat used the project as an example of…

Bukit Panjang LRT to get complete overhaul and upgrading

Plans to fix the problematic Bukit Panjang LRT system once and for all have been set in motion, but commuters are likely to have to wait a few more years for a new and more reliable ride. During…

Means test: Household income ‘still best gauge’

Household income remains the best measure for assessing who qualifies for government social assistance schemes, said Senior Minister of State for Finance Indranee Rajah. It is fair, and helps ensure aid reaches those who need more assistance, she…

Lower rents for those in temporary flats scheme

Monthly rents for flats under the Parenthood Provisional Housing Scheme (PPHS) will be slashed by as much as $400 from Apr 1. The change means young couples awaiting the completion of their first HDB flats can rent units…

HDB help for vulnerable groups

As divorce rates climb, several MPs urged HDB to let people apply for a flat even before their divorce is finalised, so that they have a roof over their heads after the marriage ends. Divorcees, unwed mothers, divorced…

Ascott Reit unit price falls after $443m rights issue unveiled

Units in Ascott Residence Trust (Ascott Reit) sank 3.4 per cent yesterday after the Reit unveiled plans to raise up to $442.7 million in a rights issue partly to acquire three properties from The Ascott. Analysts said investors…

Developing renewable energy will boost Singapore’s economy

I applaud the Government for imposing a carbon tax, as it is a step in the right direction towards securing Singapore’s future. The time to act on the climate crisis is now. Last year was the hottest on…

Property market perking up, but rents are down. To buy or not to buy?

Owning an investment property and collecting good rental income is one version of the Singapore Dream wafting through show-flats everywhere. Real estate investment – once considered a no-brainer as prices kept going north – has become more complicated…

Woman sues property agent over $830k

A woman provided her real estate agent with four signed cheques to buy a Bedok Court flat, but he allegedly used them to withdraw over $830,000 from her bank account. Ms Rohini Balasubramaniam, 56, a former teacher, is…

Government accepts recommendations to improve hawker centres: Amy Khor

The Government has accepted all the recommendations of the Hawker Centre 3.0 Committee and will work together with relevant stakeholders to implement them. The committee was tasked to review the management and design of new hawker centres, as…

New non-landed private homes will have to install recycling chutes

Domestic recycling rates have stagnated in recent years and in order to give this a boost, new non-landed residential developments will need to install dual chutes for refuse and recyclables, announced Senior Minister of State for the Environment…

Minimum standards for water fittings to be raised from Apr 2019

As part of new initiatives to enhance water efficiency and encourage water conservation in Singapore, PUB will phase out less water efficient fittings, said MEWR Minister Masagos Zulkifli on Wed. From Apr 2019, the national water agency will…

New emissions scheme, tighter standards to curb air pollution: Masagos

Rebates or surcharges under the new Vehicular Emissions Scheme (VES) will be determined by its worst-performing pollutant, to encourage buyers to choose car and taxi models with lower emissions. MEWR Minister Masagos Zulkifli said this in Parliament on…

Enhancements to Energy Conservation Act to include better reporting of greenhouse gas emissions

Large industrial emitters in Singapore will need to improve how they measure and report greenhouse gas emissions, in order for them to better understand and manage emissions. These requirements will be set out in the Energy Conservation Act…

MOT relooking plans on bicycle-sharing: Ng Chee Meng

MOT will assess the bids tendered for the bicycle-sharing service to serve the Jurong Lake District “carefully”, and to see if it will extend it to other towns, amid the emergence of dockless bicycle-sharing systems here. This was…

Trains on NSEWL, Downtown Line to get new monitoring systems

MOT will go big on big data and analytics to improve rail reliability, as it deploys condition monitoring tools on trains and equipment to collect data more extensively and in real time, said Second Minister for Transport Ng…

Higher target for rail reliability standards: Khaw Boon Wan

The Government will raise its rail reliability standards for this year, announced Transport Minister Khaw Boon Wan on Wed. Speaking in Parliament during his ministry’s Committee of Supply debate, Mr Khaw set a new Mean Km Between Failure…

Changi Airport calls for T5 development tender

Changi Airport Group (CAG) has shortlisted three teams to design T5, including firms that are involved in the expansion of Heathrow Airport and a new terminal at Abu Dhabi Airport. Announcing the tender for the provision of Master…

Selected homes to get water-saving flushing systems

PUB will be helping lower-income families to save water, by replacing the 9L water closets of about 6,000 households with water-efficient 4L ones for free. These families would be those living in public housing blocks built between 1986…

Open strollers allowed on public buses from Apr 2

From Apr 2, parents and caregivers will be able to take strollers on board public buses without having to fold them, Second Transport Minister Ng Chee Meng announced in Parliament on Wed. Open strollers are not permitted on…

Bigger-scale trials on electric, hybrid buses to be held in next few years

Following “encouraging” feedback from earlier tests, the Government will rev up its trials on electric and hybrid buses, and three bus services will be served wholly by electric buses, Second Transport Minister Ng Chee Meng announced in Parliament…

Fiscal burden of public transport spending must be balanced, says Khaw

Taxpayers have been increasingly subsisiding the higher operating costs of the public transport network, a situation that is not sustainable going forward, Transport Minister Khaw Boon Wan said on Wed as he asked commuters to be ‘understanding’ when…

Data analytics to be used in managing commuter traffic surges, emergencies

Soon, train stations would be able to quickly react to a surge in commuters during emergencies, such as by changing the direction of escalators, or call in additional buses where there is a train delay, by tapping data…

4 annoying real estate people you’ll meet in the Singapore property market

Buying a house isn’t just between you and the seller. It’s between you, the seller, your property agent, the seller’s property agent, the valuation officer, the mortgage banker… that’s all just the tip of the iceberg. There are…

Sheng Siong loses to NTUC in the latest HDB site bidding

Sheng Siong has once again failed to secure a site during the latest HDB commercial sites’ provisional bidding. According to RHB, NTUC FairPrice won the bid, with a rental rate of $13 psf for the 5,812 sqft of…

Ascendas REIT now Singapore’s largest capitalised REIT

With a capitalisation reaching $7.2b, Ascendas REIT has now become Singapore’s largest REIT by market capitalisation, surpassing CapitaLand Mall Trust’s $6.9b, a report from MySGX Gateway revealed. As of Dec 31, 2016, however, CapitaLand Mall Trust was still…

Govt to introduce master developer approach in Kampong Bugis

The government will introduce the master developer approach in Kampong Bugis, a 17.4ha residential precinct bounded by the Kallang River, Crawford St and Kallang Road. “This approach can help achieve better integration between buildings and public spaces, connectivity…

5 Affordable projects for singles

If property were like novels, then its proliferation in Singapore rivals the productions of people like Stephen King. They pop up around the island more so than trees and though all are faced with varying degrees of success,…

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