URA launches 2 more temp office sites in Newton

URA launches 2 more temp office sites in Newton
 
Analysts see good demand just like for a nearby plot launched earlier
 
By Ong Bi Hui
 
TWO more transitional office sites have been launched by the Urban Redevelopment Authority (URA) in a move to help ease some of the pressure on space.
 
The adjacent sites - parcel A [...]

Why income cap for HDB buyers won’t be raised

Why income cap for HDB buyers won’t be raised
 
By Lynn Lee
 
THE Housing Board will not raise the $8,000 income ceiling for first-time buyers of HDB flats, despite numerous calls from MPs and the public for it to do so.
 
The reason: The income criteria capture some eight in 10 Singaporean families, including upper middle-income [...]

Three-pronged strategy to resolve rental flat shortage

Three-pronged strategy to resolve rental flat shortage
 
A review of the public rental scheme will also be carried out to ensure more holistic assessment criteria
 
By Jessica Cheam
 
THE Government has unveiled a three-pronged strategy to tackle rising demand for public housing rental flats.
 
National Development Minister Mah Bow Tan yesterday said he has asked the Housing [...]

Marina Bay prime office space equal to HK business site

Marina Bay prime office space equal to HK business site
 
It’ll be a ’seamless extension’ of CBD, to rival London’s and Hong Kong’s
 
By Alvin Foo
 
THE new Marina Bay growth area will be a ’seamless extension’ of the Central Business District (CBD) and will offer a significant amount of office space, said National Development Minister Mah [...]

14 town councils to freeze fees this year

14 town councils to freeze fees this year
 
Responding to the Finance Minister’s call, they will not up service and conservancy fees
 
By Arti Mulchand & Esther Tan
 
FOURTEEN People’s Action Party (PAP) town councils have decided to freeze their service and conservancy fees for both residential and commercial units this year.
 
This will help lessen the [...]

HDB unveils ‘income for life’ scheme for the elderly

HDB unveils ‘income for life’ scheme for the elderly
 
It will buy back tail-end of flat lease at market rate, with money going to CPF Life
 
By Jessica Cheam
 
FOR 68-year-old retiree Teng Kiat Hwa, who owns a three-room HDB flat in Toa Payoh, his home is his only asset.
 
Since he fell ill and stopped driving [...]

Low: When will it be Hougang’s turn for HDB upgrading?

Low: When will it be Hougang’s turn for HDB upgrading?
 
By Goh Chin Lian
 
OPPOSITION MP Low Thia Khiang crossed swords with Minister of State (National Development) Grace Fu over the upgrading of HDB flats, especially those in his Hougang constituency.
 
Mr Low yesterday repeatedly pressed her for answers as to when his residents could benefit [...]

Shortage of new HDB flats? Young couples must be realistic, says Mah

Shortage of new HDB flats? Young couples must be realistic, says Mah
 
Friday • February 29, 2008
 
LOH CHEE KONG
cheekong@…
 
AMID concern that young couples are being priced out of the public housing resale market, National Development Minister Mah Bow Tan said the Government spent, on average, $1.4 billion a year over the last five years on its [...]

Borrowers may face the music too

Borrowers may face the music too
 
Friday • February 29, 2008
 
Neo Chai Chin
chaichin@…
 
With more than 9,700 loanshark-related cases last year, and one in two cases of harassment affecting innocent parties, should the law be extended to penalise those who borrow from loansharks?
 
The Ministry of Home Affairs says it will consider this seriously after having previously [...]

Faint light at end of sub-prime tunnel?

Faint light at end of sub-prime tunnel?
 
But banks now have to deal with slowing economy
 
Thursday • February 28, 2008
 
Cheow Xin Yi
cheowxinyi@…
 
A heart-thumping sub-prime ride for local banks may be nearing a halt after two quarters of hefty provisions for risky investments.
 
But investors looking to banks repeating the double-digit earnings gain of recent years could be [...]