A shuttle bus service has been launched on Tuesday to ferry residents living in private estates at Springside and Springleaf in Yio Chu Kang to the nearest MRT station and bus interchange. The move came after feedback from residents about the lack of transport in the area. MP for Ang Mo Kio GRC Lee Bee Wah, who approached SMRT to provide the service, joined residents in taking the first ride on...
General
There were 30,168 resident births in the first 10 months of 2007. According to the National Population Secretariat, this was just 1 percent higher compared to the same period the year before. However, the shortfall in resident births is being compensated by a record number of foreigners who are calling Singapore home. The whole of last year saw 13,209 foreigners taking up Singapore citizenship and 57,310...
Historically individuals have purchased property in their country of domicile commonly as a principle residence. In some cases, an additional residence may have been bought for use as a holiday home. Property today however has developed into a truly global market as investors identify opportunities ever further afield and the idea of buying in foreign countries has become more widely accepted. Arguments...
A growing middle class seeking property in Vietnam will keep Singapore property developers there busy, even as its government plans a tax on capital gains. Last month, the national assembly of the socialist country passed new regulations to tax capital gains - 20 per cent on stock trade gains, and 25 per cent on property profits - from January 2009. “With regard to the recent proposal of introducing a...
Minority owners say NUS should not follow majority in en bloc sale IT HAS remained silent — and passive — in the protracted saga over the proposed sale of Gillman Heights (picture) to developer CapitaLand for $528 million. But now, the National University of Singapore (NUS) finds fingers pointing at it after the Strata Titles Board (STB) approved the deal on Friday. The biggest faction opposed to...
DEPENDING on which side you are on, it is a case of try and try again, or deja vu, as some residents will testify. Condominium en bloc sales have cooled, due in part to the new Land Titles (Strata) Act that came into force in October, but at least two large developments are getting back into the game. Bayshore Park, on Singapore’s East Coast, is in the process of forming a new sales committee after it...
According to the National Environment Agency (NEA), over 5,000 households have been penalised for breeding the Aedes mosquito at home this year. This is double the number in 2006. In the areas near East Coast Road, the high number of dengue infections seems to have affected property sales. Industry players have noticed that the number of people viewing showflats there has dropped by some 30...
Design Concept # The iconic architecture of the building is evolved from the idea of a glittering chandelier. The Lumos cradles a central column of sparkling glass “Living Pods”, designed to resemble the jewel like crystals of a chandelier. Units at either side of the “Living Pods” symbolize the crystal plate of the chandelier # Sky Gardens connecting each level (except on Duplexes, where they...
The number of new private homes sold in Singapore rose unexpectedly last month in a traditionally-quiet period, amid volatile market conditions. The Urban Redevelopment Authority (URA) said yesterday that 611 new units were sold last month, up from 590 in October. Developers launched 598 units last month - which is slightly lower than the 629 in October. “The market thought that November would be...
Asian students who traditionally looked to English-speaking Western countries for higher education are increasingly turning closer to home - to Singapore, educators say. Backed by a government-led initiative to capture a slice of the great paper chase in Asia, Singapore has managed to woo more than 16 of the world’s leading schools to set up campuses as part of the city-state’s “Global...