Mortgage war breaks out as DBS and UOB offer new rates
Banks focusing on specific targets, waging battles without fanfare. THE mortgage war finally erupted, as Singapore banks responded to a dramatic rate cut by Maybank three weeks ago – with one even offering a zero per cent package. That attractive deal comes from United Overseas Bank (UOB), which has relaunched a package with a teaser … Read more
Property developer an early donor to philanthropic cause
Foundation, set up to pool money from the rich, has received pledges of $6m so far. PROPERTY developer Simon Cheong was having dinner two weeks ago when he received an SMS from a friend asking for $1 million. The text message said that the money was needed to help start the Community Foundation of Singapore, … Read more
New office for volunteer centre – and it’s rent-free
THE National Volunteer and Philanthropy Centre (NVPC), the national body which promotes giving, was recently on the receiving end of a gift – a new home in the heart of town. Property developer Far East Organization gave it 16,000 sq ft of office space on the fourth floor of The Central, the office and shopping … Read more
HDB ceiling doesn’t factor in late marriages
THERE have been calls for the Government to review the $8,000 income ceiling for new HDB flats. I would like to state the realities of life as a typical (lower) middle-income Singaporean. Life was rosy until we decided to look for a roof to start our new family. A check on the HDB website showed … Read more
F1 ‘rooms with a view’ may not have a view
Signages, lighting system may foil fans trying to get a free view Fans of the Formula 1 (F1) Grand Prix hoping to get a free peek of the race – from the comfort of hotel rooms, for example, without forking out for the tickets – are likely to be disappointed during the Singapore leg. Sources … Read more
