Daily Archives: March 11, 2017 (18 Articles Found)

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MND won’t step in unless situation is dire

MND will intervene in how town councils are run only when the safety or health of residents is at risk, Senior Minister of State Desmond Lee said yesterday. He gave this assurance after opposition MPs expressed concern that…

Borrowing money against property easier now for retirees

The Government is relaxing loan limit rules for anyone wanting to borrow money using their residential property as collateral. It is tweaking the TDSR framework which stipulates that all of a borrower’s debt repayments – including mortgage, credit…

Small costs add up to a big impact on retail stores

MTI Minister(Trade) Lim Hng Kiang recently said that rental costs are not punitive and that retail rentals have fallen over the years (Rent ‘makes up small part of costs’; Mar 4). In retail, direct and indirect manpower costs…

Much potential in linking airport, cruise centre, HSR via rail

LTA should waste no time in linking the airport, Marina Bay Cruise Centre and the upcoming high-speed rail (HSR) terminus in Jurong via rail to unlock potential opportunities that will improve both the economy and overall travelling experience…

Unapproved art installations are vandalism

Gold stairs definitely add colour to Singapore’s scene. Whether it is art or vandalism is a different matter altogether. One question first needs to be answered: Is the installation approved by the owner of the property or the…

Respect rules and leave common areas alone

I urge HDB residents to confine their creative talents to their own homes, and avoid public common areas like staircases, void decks and fields. Although their intentions may be good – they want to beautify the area –…

Allow amateur HDB artists to submit designs for art installations

I applaud retiree Or Beng Kooi for his painstaking effort to improve the common area of his block in Yishun so residents can enjoy art and mingle (‘Artistic’ tower of items at HDB void deck trashed; Mar 2).…

Time for discussion on citizen art versus vandalism

We need to encourage “citizen art” like art student Priyageetha Dia’s recent golden staircase project (Gold stairs earn praise but are out of step with rules; Mar 8). I had a similar experience when I proposed using real…

Loophole in residential property transactions closed

From Sat, all transactions involving the transfer of property from one entity to another will be subject to stamp duties, regardless of whether the transaction is carried out directly between buyer and seller, or through a third party.…

Offer public transport subsidies to help S’pore become car-lite

If Singapore is aiming to be a car-lite nation where Singaporeans and non-Singaporeans alike, regardless of class, travel on public transport, then subsidies to ensure affordability may be a necessary element (“Khaw signals that transport fares will go…

The Big Read: How S’pore’s water conservation message got diluted by recent successes

When Singapore decided to shift its immigration and Customs checkpoint away from the old Tanjong Pagar railway station in 1998, Malaysian PM Mahathir Mohamad told a rally in Johor Baru that their country’s “good nature” should not be…

‘Gold’ stairs: Art or vandalism?

A flight of stairs covered with gold foil that made the headlines this week was a talking point in the House yesterday. The artwork in a Jalan Rajah HDB block, created by 25-year-old Lasalle student Priyageetha Dia, was…

Cut in SSD may improve new home sales, boost sentiment: Analysts

Sellers will no longer have to pay SSD if they sell a residential property three years after the date of purchase. The move applies to purchases made on or after Sat. For instance, for properties sold within the…

WP chided for questioning impartiality of civil service

WP yesterday objected to giving MND powers to govern town councils, as part of changes to the Town Councils Act. During the debate in Parliament, the WP MPs argued that civil servants will find it hard to be…

Getting humans to learn to live in harmony with wildlife

Humans have been living with wildlife since time immemorial. But with the growth of cities, people have become so distant from nature and wildlife that many think there is no native flora and fauna left in urban jungles.…

Singapore property market finally sees slight easing – and a new stamp duty

Singapore announced on Fri targeted tweaks to property market measures and a new stamp duty – moves that observers said are in response to recent developments in the property market and the wider economy. The release by government…

Lian Beng doubles down on investment property

The year 2013 was a seminal one for property developers. That was when the URA private residential price index scaled new heights in 2Q2013, surpassing the two previous peaks of 2Q2008 and 2Q1996. In early 2013, however, even…

Mapletree Logistics Trust Management named Lim Ming Rean as CFO

Mapletree Logistics Trust Management named Lim Ming Rean as CFO. He succeeded Wong Mei Lian. Mr Lim, 40, is responsible for financial reporting, budgeting, capital management and taxation matters for Mapletree Logistics Trust and the Manager. He was…

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