Daily Archives: October 17, 2018 (20 Articles Found)

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Johor DAP favours third bridge link over ‘crooked bridge’

The “crooked bridge” project that the Johor state government plans to revive is not an immediate priority, says Liew Chin Tong. The Johor DAP chief said the party would support the third bridge project linking Johor to Singapore,…

Detached house in Serangoon Gardens going for $11.5 mil

A single-storey detached house at 18/20 Berwick Drive in Serangoon Gardens has been put up for sale, announced Savills. The 999-year leasehold property is on the market for $11.5 million, which translates to $1,085 psf on the land…

St Francis Court in collective sale for $95 mil

St Francis Court, a 99-year leasehold apartment at 90 Saint Francis Road in district 12, has been put up for collective sale. The development has a $95 million price tag and if the sale is successfully at that…

Can property prices in Singapore really rise 10 per cent by 2019?

Morgan Stanley recently put out another report, claiming property prices in Singapore can rise 10 per cent by 2019. In fact, they are predicting that housing prices can double by 2030 or, in a bear scenario, 2034. Here’s…

Not a ‘big deal’ to disclose conflict of interest in 2011: WP’s Low Thia Khiang

The court heard on Wed that back in 2011, former WP chief Low Thia Khiang did not think it was a “big deal” to disclose to AHTC the conflict of interest between the husband-wife duo who were concurrently…

AHTC trial: Low Thia Khiang ‘directed’ FMSS before it was appointed MA, says lawyer

WP Low Thia Khiang had “directed” FMSS to employ workers from Hougang Town Council (HTC), even before FMSS was appointed as MA of AHTC, Senior Counsel Davinder Singh argued on Wed. This meant that FMSS was not the…

Hawker centre operator must ensure open, fair competition; Koufu upfront about contracts: NEA

NEA said it requires the operator of Jurong West Hawker Centre to ensure that there is open and fair competition, as well as a transparent, value-for-money system, when procuring cleaning services for the centre. It also pointed out…

Holland Village carparks to close on Feb 1, temporary road to alternative carpark to be built

The two main carparks at Holland Village will be closed on Feb 1 next year when a temporary road will be built to link the enclave and an URA carpark off Holland Drive. According to a circular distributed…

New book on Ann Siang Hill, home of gangsters and goldsmiths

As the police of yesteryear were usually short on manpower, residents of Ann Siang Hill and its surrounds used to rely on gangsters to settle neighbours’ disputes and solve robberies. There were at least three gangs in the…

US tops global competitiveness rating, Singapore takes 2nd spot: WEF

The US economy topped the World Economic Forum’s (WEF) annual global competitiveness survey for the first time since the 2007-2009 financial crisis, benefiting from a new ranking methodology this year, the Swiss body said on Tues. Singapore came…

AHTC trial: Ex-WP chief Low says it didn’t occur to him to ask CPG to stay on after it ‘wanted out’

Former WP chief Low Thia Khiang said on Wed it did not “occur” to him to ask his town council’s then-incumbent MA CPG Facilities Mgmt to stay on, or to call a tender for a replacement. Senior Counsel…

URA tightens rules to curb proliferation of shoebox units in heartlands

From Jan 17 next year, the maximum number of units allowed in new private housing projects in the heartlands will be reduced — effectively deterring developers from building an excessive number of shoebox units. Under new guidelines announced…

Flexible working projected to contribute S$54.8b to Singapore economy by 2030: study

A study of flexible working in 16 key markets has found that the shift to this non-traditional working arrangement will raise its contribution to the Singapore economy to $54.8 billion by 2030, up from $27.3 billion currently. Responding…

Improve automated immigration clearance processes

I am thankful that the Government plans for the future to sustain the growth and prosperity of the new airport terminal. However, there is one area that Changi Airport and the immigration authorities can improve on. My wife…

Plans to reinvent Orchard Road in the works: Chee Hong Tat

Plans are being drawn up to transform Singapore’s main shopping belt, Orchard Road, into something more than rows of boutiques and malls, Senior Minister of State for Trade and Industry Chee Hong Tat said on Wed. These plans…

Property consultancy’s founding executive chairman Edmund Tie to retire from 2019

Edmund Tie, founding executive chairman of the 400-strong local property consultancy Edmund Tie & company (ET&Co), will retire effective Jan 1, 2019. Mr Tie will remain senior adviser to the company and the firm will continue to be…

Sentosa Island, Pulau Brani development plans in the works

A comprehensive set of plans to reshape Sentosa Island are currently being developed, said Senior Minister of State for Trade and Industry Chee Hong Tat on Wed. Mr Chee spoke about Sentosa Island’s status as a major tourism…

3D printing facility to be built at PSA’s Pasir Panjang Terminal

MPA inked a deal on Wed to build the world’s first maritime 3D printing facility at PSA’s Pasir Panjang Terminal. The facility will use additive manufacturing – commonly known as 3D printing – to produce parts that are…

Buyers willing to shell out extra for integrated development projects

Convenience is king among property buyers in Singapore, this much is clear. They want a place to call home, but so much the better if home is part of a larger development where they can shop, run errands…

13 more colonial bungalows to liven up aerospace park

Thirteen more conserved colonial bungalows at Seletar Aerospace Park are being refurbished for retail, F&B and office use. They will join four bungalows which were refurbished as food outlets that opened last year at the park’s food and…

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