Daily Archives: July 24, 2018 (18 Articles Found)
While the recent cooling measures should further slow down project sales for Wing Tai, the property group has been prudent, winning only a single land parcel in the current cycle. In the current en bloc cycle, Wing Tai,…
RHB is downgrading its sector “overweight” on Singapore real estate to “neutral” on expectations of transaction volumes for 2018 to fall by 10% from the 10-15% rise previously, and for prices to stay flattish over 2H18-2019. In a…
To protect homebuyers from over-borrowing, the Singapore government has set a LTV limit for bank housing loans. In a nutshell, the LTV limit defines the maximum home loan amount a bank can grant you as a percentage of…
As a senior citizen, I read with trepidation and sadness what happened to the 54-year-old housewife who suffered severe injuries after being hit by an e-scooter. She is an innocent victim suffering because of the pursuit of first-…
I read the report on the e-scooter rider who hurt and caused pain to an innocent housewife and extreme agony for her family. E-scooters have been in the news many times when riders injure pedestrians, but near-misses —…
Firefighters put out a fire at a warehouse in Joo Koon on Tues morning. Smoke was rising from the upper level of the warehouse when SCDF responded to the fire at 60 Benoi Road, near Joo Koon MRT…
An ST article titled, ‘No peace at Peace Mansion, say residents, as KTV girls working nearby move into complex’ dated July 22, said that some owners of the mixed development were unhappy that they were being jolted awake…
MOM announced recently that they are going to step up enforcement efforts at worksites following several work site fatalities this year. This brings to focus the increasing importance of health and safety standards, not just at worksites but…
The authorities said, when announcing the SingHealth cyber attack last Fri, that they would pause all new Smart Nation initiatives while they undertake a thorough review of the safeguards embedded in each system. Cyber-security experts interviewed said each…
A rezoning exercise in the Tiong Bahru estate has sealed the commercial approval status for 28 ground floor properties – including Por Kee Eating House and Nimble Knead Massage – which had previously been classified as residential units.…
The tender closing date for the en bloc sale of Horizon Towers has been extended from 7 Aug 2018 to 12 Sept 2018, JLL revealed. Horizon Towers has been launched for sale on 5 July 2018, which is…
DBS launched its Property Marketplace through partnerships with online property listing platforms EdgeProp and Averspace, an announcement revealed. It will soon include listing from SoReal as well. Aside from eyeing to offer 100,000 property listings from both agents…
Last Wed, HDB announced that new housing estates will become greener. Trees and gardens are already aplenty in estates, so how will the changes be different? Under an updated Biophilic Town Framework, the planning stage of future estates…
Businesses and some home owners can now directly access solar energy from the national grid for the first time, under a new programme. Under the programme, dubbed SolarRoof, power is harnessed from solar panels on the rooftops of…
Changi Airport handled 5.57 million passenger movements in June 2018, a 6.9 per cent year-on-year increase, CAG said on Tues. In terms of landings and takeoffs, there were 31,870 aircraft movements in June, 3.1 per cent higher than…
Singapore’s Smart Nation push is yielding results. Identified as one of the most technologically ready economies in a recent EIU study, Singapore also ranked relatively high in cybersecurity preparedness, one of the key aspects of a strong digital…
Singapore’s tech-friendly climate has made it attractive for urban trials, said Katsumi Emura, CTO of Japan’s NEC Corp. But he also cautioned that technical developments cannot replace value creation, as solutions must take into account the needs of…
City Developments Limited (CDL) is expected to be negatively affected by the government’s latest property cooling measures given its market position, according to RHB Invest analyst Vijay Natarajan. For instance, the Singapore-listed property developer has among the biggest…
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