16-station DTL3 runs from Fort Canning station, which is directly across from Liang Court, and goes through old town areas such as Jalan Besar and Bendemeer before heading eastwards through Geylang Bahru, MacPherson , Ubi, Bedok North, Upper Changi neighbourhoods, before ending at Expo station.
New interchanges on this section of the Downtown Line include an interchange with the Circle Line at MacPherson and interchanges at Tampines and Expo with the East-West Line.
The Tuas mega port, slated to open in phases from 2021, may be more than a hive of container traffic. Cafes, retail stores and even a jogging track overlooking the hustle and bustle of trade are being considered in a bid to optimise land use and add vibrancy.
“We want to develop Tuas as a maritime hub; more than just a container terminal. The idea is to bring life and vibrancy to the terminal with commercial spaces and amenities.”
Under the new rules which took effect yesterday, borrowers who purchased houses for their own use after the implementation of the TDSR on 28 June 2013 will no longer be subject to the TDSR threshold of 60 percent or Mortgage Servicing Ratio (MSR) limit of 30 percent when they refinance their mortgages.
Previously, only owner-occupied properties bought before the implementation of the TDSR were exempted from the TDSR framework.
Borrowers are now permitted to refinance their investment property loans above the TDSR threshold regardless of when they were purchased. However, they must commit to a debt reduction plan with their respective banks to repay at least three percent of the outstanding balance within three years, and fulfill the financial institution’s credit assessment.
Since 2007, the Housing Board’s Home Improvement Programme has been offered to such residents to take care of common problems such as spalling concrete, structural cracks and replacing waste pipes.
FIND ALTERNATE ACCOMMODATION – Orchid Country Club, off Yishun Avenue 1, launched its 7-Day Refit Getaway @ Orchid Lodge promotion in January.
MOVE WITHIN YOUR HOUSE – For those under the HIP programme, homeowners have to use a common toilet in the void deck. At night, a portable toilet that comes with a heated shower, is installed inside the flat. The toilet is dismantled the next day so that it does not get in the way of construction work.
SINGAPORE: An “industrial park of the future”, the Jurong Innovation District, will be developed, and is touted to be the “future of innovation for enterprise, learning and living”.
Finance Minister Heng Swee Keat announced this in his Budget statement on Thursday (Mar 24), and described the space as “an open and innovative urban environment”. The first phase of the District is targeted for completion around 2022, he added.
The Downtown line is having an open house this coming weekend on December 5, and with 12 new DTL2 (Downtown Line 2) stations commencing operations from December 27, travel across the island will now take half the time it used to.
Spanning Bukit Panjang and Rochor, with stations such as Cashew, Hillview, Beauty World, King Albert Park, Tan Kah Kee, Sixth Avenue, Botanic Gardens, Stevens, Newton and Little India in between, the new stations and train service may just bring some year-end cheer to home and business owners in their vicinity.
Not only do they potentially bring a buzz to businesses nearby, residential properties may also find an appreciation in sale and lease value. DTL2 runs through most of Hillview, Upper Bukit Timah and Bukit Timah, where the prime district of 10 stands.
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With final 3 stations, Circle Line will come ‘full circle’ by 2025
channelnewsasia.com Published October 29, 2015
SINGAPORE: Three more train stations – Keppel, Cantonment and Prince Edward – will be added to the Circle Line (CCL) by 2025, closing the loop for the orbital line.
These stations will be located along a 4-kilometre stretch connecting the existing CCL HarbourFront station to Marina Bay station. With this extension, the Circle Line will span 33 stations strung out over 40km of tracks.
The orbital line will improve connectivity so that commuters can transfer between lines without entering the city centre and reach their destinations more quickly, he added.
Commuters will have a direct route between areas in the west like Pasir Panjang and Kent Ridge, and key employment areas in the Central Business District….
Keppel station will be located along Keppel Road.
Cantonment station will be built in the vicinity of the Tanjong Pagar Railway Station, with its design inspired by the old train station.
Prince Edward station will be located near Bestway Building, Hock Teck See Temple and Haji Muhammad Salleh mosque.
SINGAPORE: To help more Singaporeans qualify for new HDB flats, the income ceiling to purchase a new Build-to-Order (BTO) flat will be raised from S$10,000 to S$12,000. As for those looking to buy an Executive Condominium, the income ceiling will be raised from S$12,000 to S$14,000.
For middle- and lower-income households to afford their first flat. First, the household income ceiling for the Special CPF Housing Grant will be raised to S$8,500 – up from the current S$6,500.
Second, the maximum grant amount will be doubled from S$20,000 to S$40,000. For a median household, they would get a Special Housing Grant of S$30,000 instead of S$10,000.
SINGAPORE – The second phase of the Downtown MRT Line (DTL2) – which will pass through the Bukit Timah corridor and has 12 stations – will open on Dec 27.
The 16.6km DTL 2 includes Bukit Panjang (interchange station), Cashew, Hillview, Beauty World, King Albert Park, Sixth Avenue, Tan Kah Kee, Botanic Gardens (interchange station), Stevens, Newton (interchange station), Little India (interchange station) and Rochor stations.