Daily Archives: May 4, 2019 (13 Articles Found)

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CEOs who live in HDB flats: Why they choose to do so

Two months ago, Mr Abel Ang, CEO of Advanced MedTech, said to be the largest medical device company in SEA, wrote a column in ST about his simple life living well within his means in an HDB flat…

Why auctions are failing to take off even as listings rise

Buyers pinning their hopes on the auction market to dispose of their properties against weakening sentiment stoked the segment to record-high even as listings failed to translate into sales. In Q1, the number of auction listings more than…

Property jargon of the day: Cash Over Valuation (COV)

Today we examine something that’s fast dying out: Cash Over Valuation (COV). COV happens when you buy a resale flat above its actual HDB valuation. For example, if a resale flat is valued at $600,000 by HDB, but…

Do more to improve socialisation among races

The recent IPS report threw up some figures which are quite worrying for race relations (15% of respondents find Muslims threatening, Mar 29). It is worth noting in the report that such a perspective is more prevalent among…

Consider an HDB enclave for singles

Singapore is a pro-family nation, with many government policies to encourage marriage. But many people are single not by choice, but due to lack of opportunity to find their right life partners. I suggest the Government build an…

Beach Road’s changing skyline

From Guoco Midtown and Shaw Towers to the new residential developments at Tan Quee Lan St and Middle Road, the Beach Road-Rochor Road area is set for a massive renewal For the past four decades, those driving along…

Stand-off in Raffles Place over owed rent

A stand-off over rent arrears has led to the landlord of the Singapore Land Tower locking up, in total, four restaurants, bars and lounges in the 48-storey skyscraper in Raffles Place. Owner S.L. Development moved in on Mon…

10-year plan announced to boost landscape sector

As Singapore plans to add 1,000ha more green spaces around the island in the next 10 to 15 years, it will also need green fingers. To encourage workers and companies in the landscape sector to boost their competencies,…

Restored bridge over Pang Sua Canal links up Bukit Panjang, boosts connectivity for residents

It will never be a bridge too far again for residents of Senja ward, in Bukit Panjang. For a year, it would take teenager Ricardo Tan who lives in Blk 629 Senja Road about 35 minutes to get…

New agri-tech facility opens at National Junior College as it marks its golden jubilee

The Republic’s oldest JC marked its golden jubilee on Sat by being the first school to link up with a start-up to establish an agriculture-technology facility. The set-up at NJC is supported by SFA and food technology start-up…

Sun seeker at sea: One of the world’s largest offshore floating solar systems will soon be soaking up the rays along the Strait of Johor

One of the world’s largest offshore floating solar systems will soon be soaking up the rays along the Strait of Johor, north of Woodlands Waterfront Park. Developed by sustainable energy provider Sunseap Group, the 5MW-peak system will generate…

Underground build-up: Singapore building deep

Singapore is one of the most built-up cities not only on the surface. With its ambitious plans to build all kinds of storage and transport infrastructure deep below the surface, Singapore also looks set to be one of…

Sultan gives consent to hand over land for Johor-Singapore RTS project

Johor Sultan Ibrahim Iskandar consented to handing over his land in Bukit Chagar to the Malaysian government for the JB-Singapore RTS project, his confidential secretary said on Sat. This comes a day after PM Mahathir Mohamad said the…

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