Daily Archives: February 22, 2018 (24 Articles Found)
Buyer optimism returning to the Singapore residential market
The latest PG Consumer Sentiment Survey gives one much to cheer about. Buyers’ sentiment is the highest since 2013, indicating that the Singapore residential market may be finally out of the woods. In the latest survey conducted in…
Eye on Bidadari: From burial ground to boomtown
There was an outcry when it was announced that the historic Bidadari Cemetery would be exhumed to make way for a new housing estate. Singaporeans lamented yet another instance where heritage would be razed to make way for…
Older landlords feeling the impact of private homes’ tenancy limit
To prevent overcrowding, the Government has put a tighter limit to the number of tenants reduced from nine to six. A year on, as leases are renewed and new ones signed, certain property owners of private homes are…
Green lab launched at Bukit View Sec School
Instead of learning about saving energy and eco-friendly features from textbooks, Bukit View Sec School students will get to see and feel their effects on the environment for themselves through a new green learning lab. For instance, they…
9 quick property hacks to spot a good investment unit
How can an island this tiny have so many property choices? It doesn’t help that sometimes, being across the street will raise or lower the rental income by more than 10 per cent. It’s true, there’s a bit…
Budget 2018: BSD going up to 4% – is it time to buy a resale flat now?
GST is not the only thing on the rise after this year’s Budget announcement. Property buyers now also have to deal with paying up to 4% of the property purchase price in Buyer’s Stamp Duty if they’re paying…
Travel firm Konsortium Express and Tours closes due to ‘financial crisis’
Travel agency Konsortium Express and Tours have ceased operations after going into a “financial crisis”, a notice on its website stated on Thurs.
The agency, which specialises in cross-border trips to Malaysia by coach, said that all customers…
EL Development buys Singtel’s Hill St property
Singtel is selling its Hill St property – for which planning approval has been granted for redevelopment into a hotel – to homegrown-property group EL Development. The price is between S$115 million and S$120 million, which works out…
Maintenance work to resume on Sengkang and Punggol LRT systems on Mar 4
Maintenance work on the Sengkang and Punggol LRT systems will resume on Mar 4 and go on until the end of Apr, SBS Transit said on Thurs. Work on Sundays had started in Jan this year before stopping…
Petain Road: Where Singapore’s working girls go to be forgotten
Lunchtime is when this back alley is busiest. With no pimp in sight, I’m free enter to explore the row of brothels without feeling any pressure to make a transaction. The 20 or so rooms in each brothel,…
Soul-searching as symbol of 70s Singapore faces demolition
The looming demolition of a horseshoe-shaped tower block that symbolised Singapore’s growth from a port town to an affluent city-state has sparked soul-searching about whether enough is being done to protect the country’s recent history. Pearl Bank Apartments,…
FJ Benjamin closing Banana Republic, Gap
Clothing brands Banana Republic and Gap are about to quit Singapore, FJ Benjamin has announced. Both outlets have announced their impending departure on their respective FB pages. FJ Benjamin, which brought both American brands to Singapore, says it…
We tested out this hotel robot (and it wasn’t totally competent)
Robots may be gradually entering the workforce, but as CNBC recently found after testing a hotel robot in Singapore, they’re not completely flawless. CNBC ordered a few items to a room at the M Social Hotel, from AURA,…
Advisory panel recommends registration for all e-scooters
E-scooter riders may soon have to register their PMDs, should the Government accept a proposal put forward by the Active Mobility Advisory Panel (AMAP). The aim is to increase user responsibility and facilitate enforcement against errant riders, said…
The discount to RNAV of this mid-cap developer will shock you
Maybank Kim Eng is maintaining its “buy” on Bukit Sembawang given it is a proxy for the cyclical upturn in Singapore’s residential market, adding this under-the-radar mid-cap developer is attractively priced against the large caps. The earnings of…
How to prepare for rising home loan interest rates in Singapore
SIBOR has risen sharply and then fallen back again in the past few months. It does signal that we should expect more movement in the coming months. In fact, SIBOR rates have been on the rise since 2015.…
SUSS renames school after late president S R Nathan
SUSS renamed its School of Human Development and Social Services in honour of Singapore’s sixth president, Mr S R Nathan, who died in 2016. The school is now the S R Nathan School of Human Development (NSHD), to…
Commuters should not be inconvenienced in cashless drive
The phasing out of cash top-ups at MRT passenger service centres by next month is supposed to kick-start the Government’s quest to have a fully cashless public transport system by 2020. Such a move ignores the fact it…
Allow HDB owners to benefit via short-term rentals
The statement in Miss Susan Tan Lin Neo’s letter (HDB flats meant to be homes, not profit-making units; Feb 11) runs counter to what ND Minister Lawrence Wong told HDB flat residents last year, when he referred to…
Helping singles care for parents
For the first time, singles aged 35 and older who want to have their own space but still live near their parents will get extra help in the form of a $10,000 grant. Previously, this group had to…
How greenhouse gas emitters are charged for pollution
From 2019, large emitters have to pay to pollute, when Singapore rolls out a carbon tax scheme. Facilities that produce more than 25,000 tonnes of greenhouse gas emissions or more in a year – the equivalent of emissions…
SG Good Class Bungalows: What lies ahead?
Sales for Good Class Bungalows (GCBs) – the most exclusive form of landed housing in Singapore – reached a five-year high in 2017. There were 41 GCB transactions with a cumulative worth of $867 million in 2017, according…
House saved from Chinese swindler-tour guide on the market from $35 mil
A sprawling bungalow at 2F Gerald Crescent belonging to Chung Khin Chun, 90, the victim in a highly publicised financial abuse court case three years ago, was launched for sale on Feb 22. The asking price of the…
With the launch of The Arc, NTU now has more ‘smart’ classrooms
Classrooms with university students sitting in lecture halls listening passively to lecturers are becoming less common. For one university, a drive to improve how students learn by encouraging more interaction and discussions has been gaining momentum. NTU now…
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