Will Casino Defaults Be Repeated at Banks?

We read with interest the recent report in the news about the woes our two integrated resorts are having. The Reuters report, carried in Yahoo! Singapore, stated that in the three years since the casinos were allowed to open in Singapore, several Chinese nationals who were VIP gamblers racked up millions of dollars in debt [...]

 
Show Flats - Seeing Past the Glam

Previously, we posted about how show flats can be built to grossly exaggerate the appearance of size and/or features of a particular unit. We highlighted those tactics in our article Show Flats – Authorities Outline Dos and Don’ts. However, we also recognise that there are certain things that simply cannot be accommodated or accounted for [...]

 
Show Flats - Authorities Outline Dos and Don'ts

The issue of show flats has seen some of the limelight recently, thanks to new government measures to curb developers in how they represent their products. This is in addition to their earlier efforts to do so. Basically, some regulations have been tightened, regarding doors and representation of a unit’s actual size, and the fines for breaching [...]

Apr 092013
 
LED Illumination and You

By now, most people have heard about the benefits of using light-emitting diodes (LED) as a home light source. Lamps based on LED technology are widely accepted as having lower power consumption, longer life cycles and more flexibility due to their compactness. Even better, the semiconductor technologies used to manufacture LEDs are improving at exponential [...]

 
Walk the Straight and Narrow with POSB's New Loan

We’ve talked quite a bit about how the government should do more to reign in the exuberant property market here (for example, our BLUTA on Housing series, part one, two and three). But there some steps that consumers can follow to limit their exposure to risk as well, short of simply not buying property at [...]

 
HDB Subletting Decision May Be Seen in Wrong Light Due to Lack of Transparency

Much has been said about the Housing and Development Board (HDB)’s recent move to back down from its compulsory acquisition of a five-room HDB flat in Bukit Batok. For those who do not know the story: the owner of the flat, Chew  Teck Fatt was given notice of intent by HDB to acquire the flat [...]

 
A Voice of Experience from HDB

Late last week, the former chief executive officer of the Housing and Development Board, Liu Thai Ker, commented on the current state of affairs in public housing. He also gave a few indications of what he thought should be the direction for public housing in Singapore. Amongst his observations were to “forget the bells and [...]

 
Singaporean Responses to Property Measures and Plans

As we at BLUTA monitor the various media for all things related to property, we’ve noticed a few trends in response to the recent spate of property and housing announcements by the government to hit Singapore. These have turned up on various other websites, including some that feature a recent article of ours. There are the [...]

 
The Hidden Costs in Renovation

A couple of months ago, I decided to renovate my old apartment, to give it a new lease of life. I’m currently well into the implementation phase, and have hopefully encountered (and passed) most of the hurdles and pitfalls that crop up while renovating an old residence. With the clarity of hindsight, I’ve written down [...]