Daily Archives: March 12, 2018 (20 Articles Found)

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Tanjong Katong bungalow market on a roll

Former SMRT engineer jailed 4 weeks for negligence in fatal Pasir Ris track accident

The engineer in charge of two SMRT employees killed on the job in Mar 2016 was sentenced to four weeks’ jail on Mon. Lim Say Heng, 48, pleaded guilty to one charge of causing death by negligence. He…

What is share value, and how does it affect en-bloc sales proceeds?

Your share value determines how much of the total condo you “own”, proportionate to every other owner. So if your share value is 10 / 270, that means you own 10 shares out of a maximum 270. In…

SG developers burdened by higher debt

Debt of major developers increased significantly in six Asian markets, including Singapore, from 2006 to 2016, according to a report from the Bank for Intl Settlements. Based on sample data, debt as a percentage of GDP of local…

Phase 2 of Park Place Residences to launch at higher prices

Lendlease is set to launch Phase 2 of the 429-unit Park Place Residences at mixed-use development Paya Lebar Quarter (PLQ) on 7 Apr amid a property market upturn. On Mon, the Australian-based developer revealed that the final 219…

Carrot and stick approach needed in tackling plastic waste

We commend the Government for looking into the issue of plastic waste. We are fully supportive of new measures announced, such as prohibiting disposable utensils in new hawker centres and mandating that companies report on their plans to…

Varied types of users make regulating PMDs tough

Nee Soon GRC MP Lee Bee Wah said: “For pedestrians, the dream of car-lite Singapore has become a nightmare”. While I sympathise with the victims of accidents, I do not feel like my experience as a pedestrian is…

Former NUS architecture professor Norman Edwards dies aged 87

Professor Norman Edwards, a significant contributor to Singapore’s urban history, has died at the age of 87. The architecture expert, an associate professor and academic head at NUS in the 1980s, died of natural causes on Feb 9…

Did dinosaurs once roam Singapore?

Dinosaurs once roamed the earth – but Singapore? According to a NTU geologist, two may actually have set foot on these shores. Possible dinosaur claw and footprints have been uncovered by NTU geologist Grahame Oliver at a rocky…

Lift pits teeming with life – and lost items

Most lift users focus on the floor they wish to go to, without giving a thought to what is beneath them. And this may be for the best, for what is down in the lift pits could be…

Archaeology database offers greater access to region’s past

Women in 14th-century Singapore used to make their own pottery for activities such as cooking. Fragments of these low-fired kitchenware, featuring decorative grooves and patterns, were uncovered at an excavation at the Singapore Cricket Club and can now…

Help for airlines at Changi when higher airport charges kick in

Airlines facing higher charges at Changi Airport will get some temporary relief as part of an aid package to ensure that the airport remains competitive against its rivals. ST understands that the authorities intend to roll out an…

Make it easy to top up ez-link: Transport veteran

Amid the mixed reactions that have greeted the ongoing push to go cashless at train stations, 82-year-old Bruno Wildermuth has emerged as a vocal and unusual critic. The Swiss national’s interest in Singapore’s public transport system stems from…

Property app for buyers and sellers to rate agents, view listings launched

Home buyers and sellers can now contact property agents and rate their service using a new mobile app called RealHome. A beta version of the app was launched on Mon, and when it is fully rolled out in…

New ‘smart’ bus stop promises a cooler wait

A “smart bus stop” offering cooler air and a CCTV to track commuter movements for suspicious activities was rolled out on Mon in front Dhoby Ghaut MRT Station, near Plaza Singapura. Besides the usual panel showing bus arrival…

AI-enabled portal UrbanZoom aims to improve housing market data transparency

Techpreneur Michael Cho believes that the man in the street should have equal access to housing market intelligence as the real estate agent – and for free. That was the motivation that drove him to create UrbanZoom –…

Changes to parking provisions will be shot in the arm for car-lite vision

Singapore is making yet another stride in going car-lite, this time with proposed bill amendments that will give LTA more flexibility in calibrating parking provisions in private developments. This will pave the way for fewer carpark spaces in…

$1.46 mil loss at Beaufort at Nassim latest in nine-year unprofitable streak

The sale of a three-bedroom unit at luxury condominium Beaufort at Nassim on Feb 22, which caused the seller to incur a $1.46 million (23%) loss, was the latest and largest in a string of unprofitable deals at…

En bloc deals spur buying interest in Holland Road-Farrer Road area

Interest in condominiums in the Farrer Road-Holland Road enclave could have been prompted by the spate of collective sales in the first three months of this year. In Jan, the 20-unit The Wilshire on Farrer Road was sold…

Co-working: Top trends in APAC to watch out for

While it may have been once considered a 
fad, co-working spaces that provide businesses and individuals with a shared working environment, are proving to be a lasting trend and demonstrating one of the biggest changes in the workplace…

Tanjong Katong bungalow market on a roll

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A string of large freehold bungalow deals have been sealed in the past few months in the Tanjong Katong area. These include transactions in Boscombe, Branksome, Lyndhurst, Wilkinson and Arthur roads. Some of these are old bungalows that…

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