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Singapore’s recession deepens with worst ever quarterly contraction of 13.2%

Singapore suffered a deeper recession in the second quarter than earlier estimated, prompting the Government to trim its growth outlook for the year and warn of a slower recovery. The full-year economic outlook was slightly lowered, with the Ministry of Trade and Industry (MTI) now predicting gross domestic product (GDP) will shrink between 5% and […]

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Singapore likely to rebound from recession

Singapore’s economy is set for a strong recovery next year after a deeper-than-expected slump amid the coronavirus pandemic, according to a report by the Asean+3 Macroeconomic Research Office (Amro). The Republic’s economic growth will expand by 7% in 2021 after shrinking 6% this year, Amro said in its August update of the Asean+3 Regional Economic […]

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Malaysia, Singapore agree to defer HSR project until Dec 31

Malaysia and Singapore said on Sunday (May 31) they have reached an agreement to defer the Kuala Lumpur-Singapore High-Speed Rail (HSR) project again until the end of the year. The construction of the 350km-long HSR project has been suspended since September 2018 and was due to resume at the end of May. – 31 May […]

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Repayment of a wider pool of loans may be deferred from 6 May

The Monetary Authority of Singapore (MAS) announced that individuals may request for the deferment of loan repayments which include commercial and industrial property loans, education, renovation, and motor vehicle loans starting 6 May 2020. The measure is part of the second relief package rolled out by MAS in order to aid Singaporeans who are financially […]

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Punggol residents to get four more train stations by 2031

By 2031, Punggol residents will get 4 more train stations to directly connect them to the eastern part of Singapore, to places like Tampines and Pasir Ris. The line is an extension of the Cross Island Line. 3 of the 4 stations – Punggol, Riviera and Pasir Ris – will be interchange stations. – 10 […]

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Malaysia Prime Minister confirms RTS will proceed

Malaysian Prime Minister Mahathir Mohamad on Thursday (Oct 17) confirmed that Putrajaya will proceed with the Rapid Transit System (RTS) Link between Johor Bahru and Singapore. The Rapid Transit System (RTS) line will connect Bukit Chagar in Johor Bahru to to the upcoming Woodlands North Station in Singapore. It was meant to be completed by […]

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First 3 stations on Thomson-East Coast Line to open by end January

The 1st stretch of the Thomson-East Coast Line (TEL) will open by end of January next year. This stretch comprises 3 stations in the north of Singapore – Woodlands North, Woodlands and Woodlands South. The opening is likely to be in time for Chinese New Year, which falls on Jan 25 and 26 next year. […]

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HDB unveils plans for new park in Bidadari estate

A new park will be developed to form a “green lung” in the upcoming Bidadari estate, the Housing and Development Board (HDB) announced on Sunday (May 5). The 10-hectare Bidadari Park will feature a lake, a heritage walk, experiential trails and a play area for children. HDB noted that Bidadari is a natural sanctuary for […]

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Condo residents in Jurong West shocked to find foreign workers listed as tenants under their addresses

Residents of a Jurong West condominium have found foreign workers registered under their addresses without their knowledge, and are looking for answers. One of The Floravale’s affected residents logged in to the Manpower Ministry’s (MOM) Foreign Worker Tenant Enquiry Service earlier this month and found that five strangers were registered as tenants in his apartment. […]

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Phase 1 of Tuas mega port to open in 2021

With the final caisson installed on Tuesday (23 April), the Tuas Terminal mega port is on track to start its first phase of operations by 2021 with two berths. The Maritime and Port Authority (MPA) noted that the installation of the 221st and final caisson was critical as it allowed the completion of the wharf’s […]

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New attractions, hotel in Jurong Lake District amid tourism boost

A new integrated tourism development will be set up at the Jurong Lake District by 2026, in line with the Government’s strategy to “spread out its tourism offerings across different parts of Singapore”. This area will include attractions, hotels and other lifestyle offerings. An expression of interest will be launched for the new development, with […]

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First phase of Cross Island MRT line finalised

The alignment of Phase 1 of the MRT Cross Island Line (CRL) has been finalised. This first stretch will be 29km long. It will have 12 stations and pass through areas such as Changi, Loyang, Pasir Ris, Hougang and Ang Mo Kio. – 25 January 2019 Read Full Article at https://www.straitstimes.com/singapore/transport/first-phase-of-cross-island-mrt-line-finalised-will-have-12-stations

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Thomson-East Coast Line: 3 stations on track to open in 2019

Construction of the Thomson-East Coast Line (TEL) is on track, with the first stage of the MRT line scheduled to open later this year. The first stage of the TEL – comprising Woodlands North, Woodlands and Woodlands South stations – is about 90 per cent complete. A new station on the TEL will be added […]

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Govt to reveal underground master plan in 2019

The Singapore government plans to announce an Underground Master Plan next year in a bid to maximize the use of its precious resources, reported Reuters. The city-state has been reclaiming land for decades to help meet its space needs amidst its land area of 721.5 sq km, which is smaller than neighbouring Johor’s 19,102 sq […]

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Is this how S’pore’s Greater Southern Waterfront will look like?

In 2013, Singapore’s Urban Redevelopment Authority (URA) announced its vision for the Republic’s southern waterfront by moving container port activities from Tanjong Pagar, Keppel, Pulau Brani and Pasir Panjang to a consolidated port in Tuas. With highlights such as a reservoir to store storm water run-off from the greater southern waterfront, an expansion of the […]

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Developers ramp up new launches

Besides JadeScape and South Beach Residences, September will also mark the preview of Oxley Holdings’ Mayfair Gardens in the Dunearn area in prime District 21 and Amara Holdings’ 10 Evelyn on Evelyn Road in prime District 11. 10 Evelyn is near the Novena MRT station. It’s the only new launch in prime District 11 this […]

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KL-S’pore HSR postponed: A boost for bilateral ties, but not all is ‘win-win’

Experts and observers who spoke to TODAY unanimously agreed that the pact to defer the Kuala Lumpur-Singapore High Speed Rail (HSR) project was a good outcome for bilateral relations. For Singapore, while it already has a good blueprint for the Jurong Lake District, the delay of two years was still “manageable” as it would also […]

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Daintree Residence achieves 63% take-up rate

The private property market’s 1st new launch since the introduction of the new cooling measures, Daintree Residence, achieved a 63% take-up rate as it moved 50 of the 80 units launched over the weekend. Developer SP Setia revealed that the 327-unit project achieved an average selling price of $1,710 psf, with two-bedroom units making up […]

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Plans for Jurong Lake District not changed

The overall impetus and vision for Jurong Lake District has not changed, regardless of the outcome of the high-speed rail (HSR) project between Singapore and Malaysia, said National Development Minister Lawrence Wong in Parliament on Monday. He noted that the development of Jurong Lake District is part of the government’s broader effort to develop urban […]

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Affinity at Serangoon open for preview this weekend

Affinity at Serangoon, a new 1,052-unit condominium with 5 retail shops located on the former Serangoon Ville HUDC estate, at Serangoon North Avenue 1, will open for preview this Saturday (26 May). The 99-year leasehold project is one of 2 new condominiums in the Serangoon area (District 19) that are vying for buyer’s attention. Affinity […]

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