Daily Archives: March 1, 2021 (31 Articles Found)

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URA changes development charges: What does it mean to property buyers?

For most home buyers, DC are not something we’d consider important. This is something the property developers pay for, right? But long-time investors and market watchers know better – not only are developer costs ultimately passed down in…

Forum: Option of culling wild boars has been too readily dismissed

The number of wild boar incidents involving humans so far this year has raised concerns about personal safety near nature reserves as well as in HDB estates. NParks and nature activists have given advice on how to reduce,…

Wildlife important, but protect humans and property too

The increased incidence of wild boar attacks is disconcerting. While it is important to protect wildlife and maintain wildlife diversity, at some point, we need to balance this with the impact on humans and property. Wild animals pose…

NParks conducts regular enforcement on reckless cycling at East Coast Park

We thank Mr Kevin Sng for his letter (Reckless cyclists raise risk of accidents at East Coast Park, Feb 24). East Coast Park receives more than 7.5 million visits a year, and is much loved for its marine…

UIC secures first $300 mil in green and sustainability-linked loans

UIC has secured its first green and sustainability-linked loans totalling $300 million. The loans from UOB and DBS comprise two three-year revolving credit facilities. The first is a $200 million sustainability-linked loan, which is for partial refinancing of…

Freehold semi-detached house at 35 Jalan Arnap for sale at $10.98 mil

A freehold two-storey semi-detached house near Orchard Road has been offered by sale by tender at a guide price of $10.98 million ($2,072 psf on land area). Elevated above road level, the development enjoys an 11m frontage of…

2, 4 and 6 Mount Emily Road collectively sold for $18 mil

Three adjoining three-storey residential buildings at 2, 4 and 6 Mount Emily Road have been sold via a collective sale to ZACD Intl at $18 million. It is the first collective sale of the year. The freehold properties…

112 Telok Ayer Street up for sale at $8.8 mil

A two-storey conservation shophouse with attic at 112 Telok Ayer St has been put on the market for a guide price of $8.88 million. The property sits on a land plot measuring around 770 sqft and has a…

DC rates increase by 0.3% on average for non-landed residential and decrease 1.5% for commercial

MND has revised DC for the period of Mar 1 to Aug 31. For non-landed residential developments or redevelopments, DC rates have increased by an average of 0.3%. Sectors 97 and 98 witnessed the highest increase of 6.3%,…

Why we need to see nature with new eyes

When news of the accidental destruction of a Kranji woodland plot was reported recently, nature lovers reacted with shock, anger and bewilderment, describing it as a tragedy. Ironically, we were just celebrating the launch of the Singapore Green…

Singapore’s office market to bottom-out in 2021

Singapore’s office market performed better than expected in 2020 despite the pandemic. It is expected to continue on a path to recovery after bottoming out in the current year. Although Singapore’s GDP registered its deepest post-independence contraction of…

Should you choose the HDB’s Optional Component Scheme (OCS) when you buy a BTO flat?

The process of buying our BTO (or any home) is strewn with a lot of decisions that we have to carefully consider. In this article, we will cover just one of the decisions – whether we should choose…

Safe-management measures for workplace to be reviewed after Chinese New Year period

Safe-mgmt measures for the workplace may be adjusted, as Singapore’s Covid-19 task force monitors the situation after the CNY period, Senior Minister of State for Manpower Zaqy Mohamad said. “Adjustments to safe-mgmt measures for the workplace will consider…

CapitaLand and CDL’s earnings may rebound in 2021, but will that lift their share prices?

For CapitaLand and City Developments (CDL), 2020 was a year to forget. This past week, as both these leading property development groups reported dismal results for their respective FY2020s, they emphasised that they were in good shape to…

Property taxes are likely first stop for wealth tax review

A review of wealth taxes to fund growing recurrent spending could centre on property taxes, with cooling measures potentially adjusted in tandem, say tax analysts. However, they recommended a calibrated approach to any adjustments, so as to protect…

Construction work begins on long-awaited Hume MRT station

Construction work has begun to set up Hume Station in Bukit Timah ahead of its planned opening by 2025. Most of the work will be done at night after train services have stopped as the station is on…

Jurong to get five more vending machines to boost recycling

Residents in the Jurong area will have more vending machines offering vouchers in exchange for plastic drink bottles and aluminium cans. Every 40 cans or 25 bottles deposited will result in 550 Grab reward points, the equivalent of…

Ozone, not haze, caused unhealthy air quality in northern Singapore

Air quality in Singapore hit unhealthy levels in the north over the weekend because of higher levels of a pollutant known as ozone, and not because of transboundary haze. “At 7pm on Sat, the PSI in the north…

Pilot project to outsource municipal services in Tampines to single third party contractor

Residents in Tampines will get major municipal services delivered cheaper, better, faster and smarter, under a new pilot project to outsource these services to a single third-party contractor. These services include the cleaning of common areas, pest control…

Unsightly ‘Christmas tree’: SafeEntry stickers creating eyesores in public places

Whenever medical technologist Nur Nabillah Shaid, 30, walks past a tree outside CCK Polyclinic, it reminds her of a Christmas tree. That’s because it is dotted with many colourful stickers on its leaves. The stickers are given to…

1,000 digital ambassadors help hawkers and seniors adopt technology

Meet Mr Michael Hon, 63, who has persuaded scores of seniors – who once shunned e-payments – to use them on a daily basis. The semi-retired businessman, who signed on to become a digital ambassador during the circuit…

60% of Singapore taxis now run on cleaner energy

Around six in 10 taxis on Singapore’s roads are hybrid or EVs, up from just 18 per cent three years ago, Senior Minister of State for Transport Amy Khor said on Mon. She told Parliament the proportion of…

Man apprehended after lepak session on roof of Bukit Panjang bus stop

A 29-year-old man was apprehended after being seen sitting and walking on the roof of a bus stop along Bukit Panjang Ring Road on Fri. Stomp contributor Julie, a resident in the vicinity, was driving by the scene…

COVID-19: Johor hopes talks on reopening Malaysia-Singapore borders will resume

With Malaysia’s COVID-19 immunisation programme under way, Johor’s chief minister hopes negotiations on travel arrangements between the country and Singapore will resume. “Opening of borders, the green travel bubble, all other arrangements should be considered upon completion of…

More data needed before border measures can be eased for vaccinated travellers: Ong Ye Kung

Before border measures can be relaxed for people vaccinated against COVID-19, more scientific evidence is required on the extent that vaccines can reduce the chance of a person infecting others, said Transport Minister Ong Ye Kung on Mon.…

S$90m upgrade for DSO biosafety lab to deal with threats worse than Covid-19: Ng Eng Hen

Singapore is upgrading the facilities at the DSO National Laboratories to the highest possible biosafety level, BSL-4, to deal with biological threats graver than Covid-19, Defence Minister Ng Eng Hen said. Mindef will be investing S$90 million into…

Going green and high-tech, construction sector draws youth who bring plans on paper to life

Ms Danilah Norahim’s curiosity about construction projects was piqued as a child when she went overseas with her family and got to see architectural marvels such as the Eiffel Tower in Paris. After she graduated with a degree…

Penalties to be raised for reckless motorists at Silver, School Zones: Desmond Tan

To better protect elderly pedestrians, the penalties will be raised for motorists who commit offences at pedestrian crossings or endanger pedestrian safety at Silver Zones, with similar measures to be put in place to protect students at School…

Foreigner, S’pore PR first to be fined over 10-person gathering on yacht near Lazarus Island

A couple who partied with eight others on a yacht near Lazarus Island on Boxing Day last year breached Covid-19 laws and were fined S$3,000 each on Mon. Singapore PR Mark Lau San Mao, 30, and Briton Amy…

Mindef to go greener, set up sustainability office: Ng Eng Hen

As part of the national agenda on sustainable development, Mindef and SAF will reduce the growth of overall carbon emissions by two-thirds by 2030, and half the 2030 emissions by 2050. Speaking during Mindef’s COS debate on Mon,…

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