The Casino Regulatory Authority of Singapore has issued a casino licence to Marina Bay Sands. In a brief statement on its website, the authority said the casino operator must ensure that it remains suitable to manage and operate a casino in accordance with Section 45 of the Casino Control Act. Marina Bay Sands is due to open its doors on Tuesday. Staff at the integrated resort are working round the...
General
ONE easy way to make Cash Over Valuation (COV) more transparent for all resale flat buyers and sellers is for the Housing and Development Board (HDB) to provide better statistics. Currently, the only statistic given by HDB is the median COV. However, any student of statistics would tell you that a median value without a reported range is almost useless. Perhaps HDB can learn from the three public...
Yes, we overreacted to the building of a dormitory for foreign workers in our estate, admitted more than half of the Serangoon Gardens residents interviewed by MediaCorp, but the issues raised were relevant and ultimately benefited the estate, they added. More than 100 days after the Serangoon Gardens foreign workers' dormitory opened - a move that had drawn sharp criticism from residents determined to...
The Youth Olympic Park at Marina Bay opened on Saturday with a bang against a backdrop of pyrotechnic display and a line-up of performances. National Development Minister Mah Bow Tan who officiated the opening also announced the names of the landmark pedestrian and vehicular bridges at Marina Bay. After a public consultation process in November, the pedestrian bridge is named "The Helix", reflecting its...
Things are heating up at the Marina Bay Sands Integrated Resort as it gears up for its preview opening on Tuesday. The integrated resort, the second in Singapore, has been running simulation exercises involving 2,000 guests this week. It said the hotel, stores and part of the exhibition and convention centre will be open. The rest of Marina Bay Sands will open in phases with the grand opening on June...
Prices of Singapore's private homes market defied recent property cooling measures and continued their upward climb in the first quarter of this year, even though the rate of growth has moderated slightly. Statistics released by the Urban Redevelopment Authority (URA) on Friday show private residential properties prices rising to 175 points for the first quarter of this year, around 5.6 per cent higher...
Boutique developments are the new buzzword among property investors who value privacy and exclusivity. Unlike condominiums or landed properties, boutique developments offer a smaller but luxurious living space with high-quality furnishings, personalised amenities, sleek interiors and avant-garde facades, often in prime locations or scenic spots. A key selling point is the sense of privacy afforded by...
MINISTRY of Law's rebuttal ("No conflict of interest", April 23) attempts to dismiss lightly Ms Florence Tan's comments in an earlier Voices letter of a perceived conflict of interest when Collective Sale Committee (CSC) members are also on a private estate's management committee (MC). It is surprising, and not a little disappointing, for an official reply published for public information to be so riddled...
Rising cash-over-valuations (COV) have been the gripe of home-hunters, but some have gotten lucky in Queenstown. Between January and March, the median COV for executive flats there was a negative $6,000, meaning a buyer paid below valuation - a far cry from the $50,000 median COV for the same flat type in the same area, in the preceding quarter. But the first-quarter median COV for executive flats in Toa...
Developer Link Prestige Homes is launching its Link Residence@Holland development this weekend. This is the firm's maiden cluster housing project. The development is a collection of 14 houses of sizes ranging from 5,000 to 7,000 square feet each. Average selling prices are about S$1,185 per square foot. Link Residence@Holland, situated along Greenleaf Road, is close to schools, including the National...