Articles / News
1. Why Property is still Investors'
Pick The Straits Times 16 July
2013
What drives many investors is the search for yield in a market where it is increasingly difficult
to find good returns.
But many are loath to view stocks as the new Prince Charming in waiting. One reason could be
investors' painful experience of the global financial crisis.
While the price of some S-chips has plunged practically to zero, the perception is that property in
Singapore will at least retain some of its value and offer a regular income stream.
But for most people, a property still speaks to a fundamental need for a source of retirement
income and a sense of security. A change in that mindset will require a review of our investing
framework.
|
2. Geylang a Growing Hot Spot for
Investor
The Straits Times
29 Septmber 2012
Property investor Joey Chew, 36, bought a 549 sq ft two-bedder at Casa Aerata last year for
$600,000. "The absolute purchase price is low, yet the rent is high and stable," he said, noting
that the red-light area is "well-controlled".
"A lot of expats live here and the demand will get stronger with the Paya Lebar hub... I expect to
rent out my unit for easily $2,700 a month," he said.
|
3. Good Buy or Just Hype?
The Straits Times 06 November 2011
Well, it depends on when you sell it, it seems. And of course,
location.
According to a new report by local property consultancy Ascendant Assets, shoebox units are
generally 'quite profitable', but it does not mean all sellers do well from the sale of such
units.
|
4.
Private Housing to hit record rental
volumes
The Straits Times - 07 November
2011
'Renting in the city fringe area, near the Central Business District, is a
viable option with more expatriates having switched over to local packages in recent years,' Mr. Li
noted.
Non-landed housing rents in city fringe areas such as Balestier, Bishan and
Geylang have increased steadily since the rental market bottomed out in
2009.
|
5.
New Rules to Limit Shoebox Homes
The Straits Times - 5 September
2012
THE Government has unveiled a new policy to discourage the fast-rising number of tiny “shoebox”
homes being built outside the central city
area.
The new guidelines aimed at curbing the number of shoebox units – typically less than 50 sq m –
will take effect on Nov
4.
The maximum number of units that can be built is obtained by multiplying the development site area
by its Master Plan allowable gross plot ratio, and then dividing that by 70 sq m. This works out to
an average unit size of 70 sq m. URA said the size is comparable to the average gross floor area of
a 3-room HDB flat.
For the affected areas of Kovan and Eunos, the maximum number of units uses the same formula but
dividing by 100 sq
m.
|
6.
URA Imposes New Regulations to Limit Shoebox Retail
Units
The Straits Times - 28 March
2013
With effect from 27 March 2013, retail units at commercial or
mixed-use developments will be subjected to new guidelines on the minimum floor area. Under the new
rule, the Urban Redevelopment Authority (URA) mandates that average retail unit size should be at
least 50 square metres (sqm), or the development’s total net floor area divided by the number of
retail units.
|
7. Kallang, Paya Lebar to be developed as New Commercial
Hub
Channel News Asia - 23 May 2008
National Development Minister Mah Bow
Tan said: "When the Marina Barrage is completed some time later this year, we will be able to
stabilise the water levels in Geylang River. Around the Geylang River area, we will be able
to integrate very attractive public spaces, malls and so on. The plan is to realign the
Geylang River so that it runs through the new commercial
developments."
|
8. Sports Hub Retail Space to
be run by SMRT, FairPrice The Straits
Times, 19 December 2012
"They are the best partners one can ask for," he said. "SMRT will be
instrumental in transporting the community to the country's newest attraction and the combined
experience of both SMRT and NTUC FairPrice in the retail space will be invaluable for the Singapore
Sports Hub"
The Singapore Sports Hub, to open in April 2014, will include the Singapore
Indoor Stadium, a new National Stadium, an aquatic centre, a multi-purpose arena and a water sports
centre, as well as the new mall and waterfront area that SMRT Alpha will
manage
|
9. Flight Plan to free Up 800 ha
of Land
The Business Times, 19 August
2013
This will not just provide breathing space for
Singaporeans but rejuvenate an even bigger area around it, said Prime Minister Lee Hsien Loong last
night.
"If you move the airbase, you remove the height
restrictions on a big area around the airbase now constrained because you have to take off, land,
provide safety," he said.
"That frees us to develop new, exciting plans for
the big chunk of eastern Singapore, going all the way down to Marina and Marina South."
|
Lifestyles
a. The Savoury Side of Geylang / Bringing Ritzy
into the Sleazy
The New
Paper, 01 April 2014
People from all over the island - and around the world - flock to this nearly
2km-stretch for the variety of famous dishes from crab beehoon to claypot rice and delicacies such
as frog porridge and fermented tofu.
British expatriate Anthony Ung says: "As more businesses come into the area, a
new atmosphere is emerging. I believe the area is on the cusp of change, with new residential
projects coming up which would attract young families and professionals.
|
Click here for a short compilation of content
and pictures from above article
|