Daily Archives: August 4, 2018 (10 Articles Found)

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UOB CEO expects home loans and home prices to slide

Good news was announced at UOB’s Q2 earnings briefing on Fri, despite its CEO Wee Ee Cheong projecting a drop in home loans and the prospect of housing prices falling over time as last month’s property measures hit…

Robert Kuok’s daughter buying bungalow in Belmont Park GCB Area

Kuok Hui Kwong, chairman of Shangri-La Asia and daughter of Malaysian tycoon Robert Kuok, is buying a bungalow in Belmont Road for S$43.5 million. This works out to S$1,430 psf, based on the freehold land area of 30,420…

Circle Line train services between Tai Seng and Mountbatten resume after ‘signalling fault’

Train services between Tai Seng and Mountbatten on the Circle Line resumed about 30 minutes after train operator SMRT announced that they were temporarily suspended in both directions because of a “signalling fault” on Sat evening. In a…

Fire breaks out at coffeeshop in Chinatown

A fire broke out at a shophouse in Chinatown, eyewitnesses reported on Sat. SCDF said it was alerted to a fire at 120 Neil Road at about 11.50am. The blaze at the coffeeshop was extinguished by firefighters using…

Worker dies in accident at Defu Industrial City construction site, another injured

One construction worker died while another was injured in an accident at a construction site in Kim Chuan Road (Defu South) on Fri afternoon. The project, named Defu Industrial City, is a high-rise multi-user industrial complex being developed…

Pedra Branca: KL failed to meet terms for seeking revision of ruling

Malaysia has failed to meet all the conditions required – save one – to apply for a revision of a 2008 judgment that awarded sovereignty of Pedra Branca to Singapore. The only condition that was met: It submitted…

Pedra Branca: Malaysia asking ICJ to go beyond its mandate: Singapore

Malaysia, in asking ICJ to rule on the sovereignty of waters around Pedra Branca and of the maritime feature South Ledge, was calling on the court to go beyond its mandate, Singapore said. In documents published earlier this…

Do more to address unhealthy property trends

I thank URA for clarifying that shoebox units make up less than 30 per cent of the units in the majority of new developments approved over the past decade (Mix of home sizes to meet housing needs; Aug…

Feeding wild animals does more harm than good

Singaporeans need not feed wild animals to cultivate a love for nature (Feeding wild animals will cultivate love for nature, by Mr Lee Chiu San; July 20). Mr Lee mentioned the ubiquity of feeding stations in Europe and…

Super-rich zooming in on conservation shophouses

It may have been 12 years ago, but Jerry Tan can still vividly recall the reaction to his $2.8 million purchase of the three-storey conservation shophouse at 65 Club St in 2006. Since then, it has been the…

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