Daily Archives: April 28, 2019 (11 Articles Found)

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Out with the old: Residents stumped after 50-year-old trees chopped down at Margaret Drive

Redevelopment is a necessary evil, so it comes as no surprise to us when we found out that some long-standing trees were reduced to stumps in an area deep under construction. The finding was revealed by heritage group…

Singapore, Malaysia could explore ferry services to ease congestion at Causeway

Since the suspension of the HSR project by the ruling PH coalition government in Malaysia, there have been suggestions for an alternative “third link” project or more bridges to connect both countries. Malaysia appears to want to increase…

Singapore is small. For single mothers, It’s even smaller

It is 6 AM. I stir from the living room couch that has been folded out into a bed, to find Mirriam already up and getting ready to go to work. The rest of the house is silent.…

From F&B failure to success in real estate

Mr Kelvin Thong’s career in real estate began in Aug 2010 after he wound up his failed F&B business. He started at PropNex Realty with nothing. I believe an investment is meant to be of a low-risk nature.…

Commercial real estate deals roaring back to life

A series of commercial real estate deals amounting to $1.06 billion was inked in the past week, surpassing the total investment volume for the commercial sector in the first quarter of this year. Evia Real Estate and Metro…

Medical suites lose their shine for investors

Two years ago, Jason bought a medical suite at Novena Medical Centre for $2.5 million. Jason – an engineer, not a doctor – believed the property was a good investment. He reasoned that he could rent out the…

Where are the patients? Farrer Park Hospital with 600 staff sees about 60 inpatients a week

One night earlier this month, Ms Serene Chow was rushed to Mount Alvernia Hospital with abdominal pain, only to be told that it was full. “The nurse called other hospitals and said Mount Elizabeth and Gleneagles, too, were…

URA examining project accounts of two delayed condos

The Controller of Housing at URA is examining the project accounts of two delayed condominiums to check whether money earmarked for them has been misused, and if there have been other regulatory breaches. Laurel Tree at Hillview Terrace…

Property jargon of the day: Real Estate Investment Trust (REIT)

Today, we look at Real Estate Investment Trusts (REITs). A lot of Singaporeans want to invest in property; but they often run into a problem. It’s what we property industry experts technically call “not having a few million…

Why residential property prices won’t be coming down despite cooling measures

Prior to the latest cooling measures introduced in July 2018, the last time similar regulations were rolled out to moderate the residential private property market was in 2013 with the introduction of TDSR. Subsequently, the total sales of…

Gen Y Speaks: 3 suggestions for S’pore’s push towards a cashless society

It has almost been two weeks since I last retrieved my wallet from my backpack. I am proud of the progress that we have made as a community towards e-payments. Having said that, my user experience with cashless…

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