Singapore News

Punggol Promenade Starts Work

August 16, 2009

Punggol has started its ground breaking ceremony today to start work on its 4.9km long promenade that will start from Punggol Point. Today, the town has a population of 53,600 and this is projected to grow to 70,000 by 2011. I have recently sold a 5-room Design and Built in Punggol Central, this has been [...]

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No Stakeholder Monies to Be Held by Law Firms Soon

August 14, 2009

Finally! And I thought it’s going to take them long enough to realize that sometimes even the level which is suppose to be the most just and neutral party might just give you the most problematic issues. Ministry of Law has came up with a proposal that might allow an entity to be the stakeholder [...]

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Singapore Snaps Out of Technical Recession, New Homes Up 9.4% in June.

July 16, 2009

With Singapore climbs out of technical recession with 20.4 growth percent in Q2 this 2009, the government has also raised its growth forecast for the months to come. With much credits to the government and her people, Singapore is the first Asean country to move out of a technical recession. Will we continue to fair [...]

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CPF Minimum Sums Adjusted With Effect on 1st of July 2009

June 2, 2009

The minimum sum(MS) for your CPF account will be raised from 1st of July 2009 from the existing $106,000 to $117,000. The new MS will apply to CPF members who turn 55 from 1 July 2009 to 30 June 2010.This is in line with the Ministry of Manpower’s annoucement in August 2003 that the CPF [...]

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Singapore New Blueprint for Green Buildings By 2030

April 28, 2009

The Government has released a blueprint on the direction to go within the next 20-30 years for green buildings in Singapore. This is tied inconjunction with Building and Construction Authority (BCA) on its Green Mark Project started since January 2005. There’re a few tier standards in the Green Mark namely Gold, Gold PLUS and Platinum. [...]

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A Swavroski Cable Car Cabin for Singapore?

April 27, 2009

Photo credit: Flying Cloud Amazing things people can come up with for ideas. Sentosa is finally upgrading its fleet of their old school cable cars during this recession. SINGAPORE: The view off Singapore’s Harbour Front is going to change as the cable cars stop moving for a S$36m overhaul later this year. Mount Faber Leisure [...]

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IRAS Reduces Annual Value for Over 150,000 Homes

April 9, 2009

Great news for property owners who will be having their AV(annual value) reduced for Q1 of 2009. SINGAPORE : The Inland Revenue Authority of Singapore (IRAS) has reduced the Annual Values of over 115,000 private properties in the first quarter of this year. That is almost 100 per cent of the total number of properties [...]

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Go Green on 28th March. Support Earth Hour

March 20, 2009

If you happen to see part or most of Singapore’s lights turned off when you’re roaming around on the 28th of March (Saturday) between 8.30pm to 9.30pm, don’t be alarmed as it’s all part of WWF’s Earth Hour campaign. Time to go green and support for a cause for the Earth. THIS IS THE WORLD’S [...]

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Singapore is Top City for Asian Expatriates

March 12, 2009

Photo Credit: Sal A well-balanced city as compared with the rest of it’s Asia counterparts as Singapore is being rated the top city with the best quality of life for the Asian expatriates rated by human resources consultancy ECA International. … Singapore beat 253 other cities, including Australia’s Sydney and Melbourne and Japan’s Tokyo, Yokohama, [...]

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Agency Pays Up on Flipping Profit to Couple

March 6, 2009

Remember the case we mentioned a month ago with regards to two unethical agents? The agency pays up the differences to the original sellers of $257,000.00 and the agents have since quit the firm. A COUPLE who successfully sued estate agency ERA Realty Network for flipping their apartment has got back the money that the [...]

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