374 households at Tivela precinct to enjoy extensive warranty scheme
374 households of the newly-completed Tivela precinct in Sengkang Central are among the first to benefit from a more extensive warranty scheme. The Housing and Development Board’s (HDB) ASSURE 3 was introduced for new flats launched for sale from 2005. It covers selected defects in the units for between five and 10 years from the … Read more
What should you consider when buying your first property?
There’s no place like home. Buying your first home is exciting and here we look at what you need to consider in making the right decision. Firstly, know why you are buying your first property. Perhaps it is because you want your own space away from parents, family or flat-mates – you want your independence. … Read more
Property risks back in spotlight
Developers with overseas exposure stay upbeat amid downturn. THE property business has come full circle for listed developers here. A few years ago, with land prices on the upswing and intensifying competition in Singapore, many property companies ventured overseas into untapped markets in search of better returns. Their overseas units flourished. And for the past … Read more
SICC’s new clubhouse on hold as costs rise
General committee has decided to halt all major construction for six months, president writes in circular THE spiralling costs of construction have thrown yet another spanner into the development plans of the Singapore Island Country Club’s (SICC) new $90.3 million clubhouse at its Upper Thomson Road location. The general committee has decided to halt all … Read more
S’pore River glows as light-up brightens night-scape
THE Singapore River was awash with light last night, bringing to life the first of the Government’s plans to transform the country’s night-time look. Pyrotechnics, music and a carnival accompanied the unveiling of hundreds of lights along the waterway’s banks. With the flick of a switch by Trade and Industry Minister Lim Hng Kiang, the … Read more
How Asia will be hit
And how it can seize the opportunity and surge forward WE NOW have a perfect storm with the perfect ingredients — easy liquidity, poor alignment of incentives, inadequate assessment and management of risks, greed, and lack of due diligence. The surge of the energy price — a bubble of its own — was the catalyst. … Read more
