It is a route less taken by Singaporeans travelling to Malaysia’s southernmost state. And there are only two places where passenger boats go from the Republic to Johor and back: From Changi Ferry Terminal and Changi Point Ferry Terminal. Following the recent bilateral talks between the Singaporean and Malaysian governments, though, more ferry services will be allowed between Changi Ferry Terminal and...
General
The rapid transformation of the Jurong East area into a bustling commercial hub over the past seven years is set to quicken, analysts said, following Tuesday’s (May 5) announcement that the terminus station of the High Speed Rail link between Singapore and Malaysia will be located there. In addition, more big-name companies are expected to relocate to or expand their operations into the area, whose...
The resale prices for Housing and Development Board (HDB) flats saw a slight uptick in April, rising 0.2 per cent month-on-month. Transactions for flats also hit a two-year high last month, according to SRX Property's flash estimates released on Thursday (May 7). HDB resale prices saw an improvement, driven by 3- and 4-Room flats of which prices rose 0.3 per cent and 0.9 per cent, respectively. However,...
The Ministry of National Development (MND) on Thursday (May 7) announced that it has signed a Mutual Termination Agreement with Eternal Pure Land (EPL) to terminate a July 2014 award for a place of worship (PW) site at Fernvale Link in Sengkang. MND will re-tender the land for its original purpose as a site for a Chinese temple, it said. Residents had objected to EPL's plans to build a commercial...
The Republic's terminus for the Singapore-Kuala Lumpur High Speed Rail will be located at Jurong East. Prime Minister Lee Hsien Loong announced this on Tuesday (May 5) after the Leaders' Retreat with his Malaysian counterpart Najib Razak. Jurong East was chosen as it dovetails with Singapore's overall plans to transform the area into a second Central Business District, according to a...
Some were lured into buying an overseas property with promises of high returns but have since lost contact with the property investment company. One buyer had believed that his property was sited in a prime area but found out later this was not true. In the light of some consumers losing more than S$100,000, the Consumers Association of Singapore (CASE) is urging the authorities to review how foreign...
Investing in an unfamiliar foreign market holds high risks, such as foreign currency fluctuations, property market trends, sovereign risks and interest rate risks, warned the Consumers Association of Singapore (CASE) in a media release on Monday (May 4). The association said that it received 13 complaints from consumers regarding their investment in foreign properties 2013 and 2014. It stated that most...
The first new generation public housing at SkyTerrace@Dawson has been completed, while Skyville@Dawson is on track to be completed by the third quarter of 2015. Both projects were mooted under the “Remaking Our Heartland” plan which aims to build a more cohesive and vibrant community, as well as encourage multi-generation and family-friendly living. The first batch of residents at SkyVille@Dawson...
Oasia Hotel comes under Far East Hospitality Trust, Singapore's largest hotels and serviced residences operator. For the first quarter of 2015, the trust posted a 17.7 per cent drop year-on-year, in distribution per stapled security. It came in at 1.07 Singapore cents for the first quarter ended March. That is on the back of a 10.8 per cent fall in gross revenue, to S$27.37 million. Analysts Channel...
Boat Quay will be getting a S$5million facelift after garnering support from the majority of stakeholders in the area. The makeover is expected to be completed by the end of next year. Visitors can look forward to new outdoor refreshment areas as well as three open spaces with new public seating and enhanced landscaping - to allow the public to soak in the view of the Singapore River without affecting...