Daily Archives: April 1, 2019 (22 Articles Found)

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Residents celebrate Farrer Park retaining its sporting heritage

Lawyer Nicholas Narayanan became “emotional” when he learnt about URA draft Master Plan, which was unveiled on Wed last week. The 46-year-old is part of the “Friends of Farrer Park” group that set up an online petition to…

Property jargon of the day: TDSR

The TDSR is a cap on the total amount you can borrow, when applying for a home loan. Under the TDSR framework, your monthly loan repayment, plus your other outstanding debts, cannot exceed 60 per cent of your…

Tuas South site awarded to sole bidder

JTC has awarded the 4,456.3 sqm industrial site at Tuas South Link 3 (Plot 20) to Transmare-Chemie, which submitted a $2.05 million bid. Zoned for Business 2 use, the land parcel has a gross plot ratio of 1.4…

Paragon mall adds more brands to Level 3

Paragon mall has added a new retail and lifestyle concept on level 3, bringing together curated fashion brands. Launched in phases from last June, the refreshed 15,000 sqft concept offers new names from fashion, beauty, bags and accessories,…

UBS said to be mulling move to 9 Penang Rd

UBS is understood to be mulling a consolidation of its Singapore office footprint by relocating from One Raffles Quay and Suntec City into 9 Penang Road, which is coming up on the former Park Mall site opposite Dhoby…

Opening new vistas for Singapore

URA has revealed exciting plans for a greener and deeper Singapore at its Draft Master Plan 2019 exhibition. Key to the plans are a new 50km Greater Rustic Coast running along the northern coast, district-level underground plans, and…

American e-scooter giant Lime names Singapore as Asia-Pacific headquarters

American e-scooter giant Lime has chosen Singapore as its APAC headquarters, with the decision announced internally two weeks ago. The move could see the company, which is valued at over S$3.25 billion, increase its team in Singapore by…

Over 7,900 ofo bicycles sold in public auction

More than 7,900 bicycles belonging to embattled bike-share operator ofo were auctioned off at a public sale on Mon. The sale, held at Bok Seng Logistics warehouse in Tuas Ave 3, attracted around 30 individuals, many from scrap…

Virtual experience lets you pick a colour for your train

Want to see what it is like to spend your daily commute in a train decked out in your favourite colour? Visitors to the Singapore Mobility Gallery can do just that with a headset and a life-sized mock-up…

Draft town council code of governance open for public feedback

Members of the public have been invited to give their feedback on a proposed code of governance for town councils (TCs) which was published on Mon. The new code of governance, a result of the changes to the…

Singapore homeowner finds horrifying black patches on HDB flat walls before she even moves in

If only this was a vinyl wallpaper. But, it’s not. A Singaporean lady made a horrifying find in her HDB flat less than a month after she had collected the keys to her house. In a viral FB…

From Crazy Rich Asians to a poor man’s Bali: the rise and fall (and rise) of Sentosa Cove, Singapore’s ‘Monte Carlo’

In Singapore’s exclusive Sentosa Cove residential enclave – touted as “the world’s most desired address” – the Cape Royale development stands out as one of the tallest buildings on the man-made island. The luxury condominium was one of…

No correlation between chemical smells and air quality readings: Amy Khor

There is no correlation between burning or chemical smells and the ambient air quality readings, Senior Minister of State for Environment and Water Resources Dr Amy Khor said in Parliament on Mon. This was in response to a…

Singapore uses insects to gobble up food waste

Some insects, armed with voracious appetites as larvae, are being bred in Singapore to eat discarded food, at the same time creating a rich fertilizer for plants. Black soldier flies are found all across Singapore. While the adults…

Two M’sian government vessels anchored in S’pore’s territorial waters off Tuas

Two Malaysian government vessels are believed to be anchored in Singapore’s territorial waters, Foreign Affairs Minister Vivian Balakrishnan said in Parliament on Mon. Singapore and Malaysia announced on Mar 14 that they have agreed not to anchor government…

In Parliament: Govt will not use taxpayers’ money to bail out Hyflux investors

The Government cannot justify the use of taxpayer money to bail out retail investors who have been burnt by the financial woes of water treatment firm Hyflux, MEWR Minister Masagos Zulkifli said in Parliament on Mon. He was…

Youths arrested for trespassing Tampines store believed to be inspired by viral ‘24-hour challenge’: Ikea

The five teenagers who were arrested for allegedly trespassing at Ikea Tampines early Sun morning were believed to have been inspired by a 24-hour challenge on social media, the Swedish furniture company told TODAY on Mon. The youths…

Singapore home prices fall again as economy, measures bite

Prices of private homes in Singapore edged lower for a second straight quarter led by those in prime areas, strengthening the likelihood of a continued downtrend as sentiment remains weak due to a slowing economy and government measures…

Private residential prices fall 0.6% in 1Q2019 for second straight quarterly decline

The price index for private residential property fell by 0.6% q-o-q in 1Q2019, compared to a 0.1% q-o-q decline recorded in 4Q2018, according to the latest flash estimates by URA. With two straight quarters of price declines, overall…

HDB resale prices fall 0.3% q-o-q in 1Q2019; demand may be helped by 7,000 flats reaching MOP this year

In the first three months of this year, the overall resale prices of HDB flats declined by 0.3% q-o-q, based on the most recent flash estimates. The resale HDB prices fell by 0.2% q-o-q in 4Q2018. While this…

Prime projects continue to see steady take-up, set benchmark prices

Since Boulevard 88 previewed on Mar 8, a total of 23 out of 25 released units has been snapped up, according to City Developments (CDL) in response to queries from EdgeProp. The ASP achieved was $3,590 psf. Based…

CBD needs more than just injection of homes, hotels

Perhaps if our urban planners had taken regular strolls along Shenton Way over the past decade, they might be more careful with making a correlation between the injection of homes and hotels in the precinct and an increased…

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