Singapore introduces new property cooling measures: Maximum loan quantum limits tightened, loan-to-value limit lowered

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INCREASE WAIT-OUT PERIOD  Private home owners will have a 15-month wait-out period before they can purchase  a non-subsidised HDB resale even. This will kick in once they have sold their property. The new principle will also apply to people who sold their personal property prior to posting an application toContinue Reading

Man charged for causing alarm after allegedly making bomb threat on Singapore Airlines flight SQ33

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SINGAPORE: A 37-year-old man who was arrested after allegedly assaulting cabin crew and claiming that he had a bomb on Singapore Airlines flight SQ33 was charged in court on Thursday (Sep 29). “Preliminary investigations indicate that during the flight, the man had allegedly shouted that there was a bomb on theContinue Reading

Singapore, UK commit to jointly promote capacity-building in Southeast Asia

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SINGAPORE: Singapore and the United Kingdom on Thursday (Sep 29) signed a new Memorandum of Understanding (MOU) to jointly promote capacity-building in Southeast Asia. The MOU on the Singapore-UK Third Country Training Programme was signed by Minister for Foreign Affairs Vivian Balakrishnan and the UK’s secretary of state for foreign,Continue Reading

Road closures around Marina Centre and Padang from Sep 30 to Oct 3 for F1 Singapore GP

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Traffic delays are also expected along: Bayfront Avenue, Beach Road, Bras Basah Road, Cecil Street, Collyer Quay, Marina Boulevard, Middle Road, Nicoll Highway, North Bridge Road, Ophir Road, Robinson Road, Rochor Road, Sheares Avenue, Sheares Link, and Temasek Boulevard. The police advised motorists to plan their routes early and avoid the affectedContinue Reading