Monthly Archives: February 2013
Incentives not enough to offset increased levies: construction firms
SINGAPORE: The government has further tightened foreign worker policies in the recent Budget announcement as Singapore continues to restructure its economy.While there are incentives to help businesses, some construction firms say it is not sufficient to fully offset the increase … Continue reading
HSA warns against consuming 3 tainted health products
SINGAPORE: The Health Sciences Authority (HSA) has warned against consuming three tainted health products bought overseas, after patients suffered serious adverse reactions linked to the products. They are Ginseng Baji Gu Ci Wan, Tu Chong Ginseng Wan Le … Continue reading
IKEA Singapore stops selling meatballs amid horsemeat scare
SINGAPORE: The Singapore branch of Swedish home products company, IKEA, said the meatballs at its cafeterias here contain only beef and pork sourced and produced from Australia. It also has a halal line at IKEA Tampines, where meatballs … Continue reading
SDP to address Budget 2013 “shortcomings” in its own “Shadow Budget”
SINGAPORE: The opposition Singapore Democratic Party (SDP) said it’ll address the “shortcomings” of the government’s Budget 2013 and propose a more efficient way of prioritising Singapore’s expenditure estimates in its own “Shadow Budget”. The party said on Tuesday … Continue reading
More flat owners reluctant to sell: data
Compared to the last four years, fewer Singaporeans are selling their flats which have obtained the Minimum Occupation Period (MOP), reported The Straits Times. Data from the Housing and Development Board (HDB) revealed that 11.8 percent of homeowners sold … Continue reading
Marina One design is unveiled
Prime Minister Lee Hsien Loong and his Malaysian counterpart Datuk Seri Najib Tun Razak today graced the unveiling of the design of Marina One, an integrated development in Singapore’s new central business district. Developed by M+S Pte Ltd, a … Continue reading
High-speed rail link to push up property prices
The upcoming high-speed rail link project between Singapore and Malaysia is expected to boost property prices in both countries, according to property analysts. “We believe a high-speed rail link is going to boost the property value not only in … Continue reading
Record S$1.01m for HDB flat sold in Bishan
A new record price for a HDB resale flat was set last month for a property in Bishan. An executive maisonette along Bishan Street 13 changed hands for S$1.01 million, beating the previous S$1 million paid for a similar … Continue reading
La Fiesta is best-selling project in Jan
La Fiesta (pictured) by EL Development topped the list of best-selling residential projects for the month of January recording sales of 404 units, reported Singapore Business Review. Located in Sengkang, the condo project released 500 units for sale last month … Continue reading