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http://www.propertyguru.com.sg/property-management-news/2013/11/36861/govt-urged-to-promote-healthy-property-market The Real Estate Developers’ Association of Singapore (Redas) has urged the government to ensure that the property market remains healthy, media reports said. Speaking at the association’s 54th anniversary dinner last Friday, Redas President Chia Boon Kuah stated: “It is our hope that the government will calibrate its land sales programme to ensure land supply at a pace that will contribute to the overall health of the market.” He noted that “as long as homes are purchased with sound reasoning, we believe in riding out each cycle that comes our way”. “We have faith that the government will continue to monitor the movements in Singapore's property cycle, and ensure a balance between development viability and housing affordability.” He also revealed that while the industry has achieved success, it has had its share of challenges, which include dealing with the effects of the government’s seventh and most comprehensive round of cooling measures and the introduction of the total debt servicing ratio (TDSR). Furthermore, the expiry of the lock-in period of the Seller Stamp Duty from now till 2017 and the large supply of homes coming on-stream continue to weigh on the industry’s mind, said Chia. I was just wondering what the general consensus among MCFers is? Are we hoping that property prices will come down significantly so that we can buy in (remember that your current property price will also decrease in value should you require to sell before you buy) or do we all hope the property prices will continue on this crazy bull run (remembering should you choose to upgrade the next property you buy will also be relatively higher)?

On Monday, the National Highway Traffic Safety Administration announced it was fining Toyota $16.4 million for failing to recall vehicles due to faulty accelerator pedals in a timely fashion. Toyota has two weeks to either contest or pay the fine, but an e-mail obtained by the Detroit Free Press shows that it may be best for the Japanese automaker to quickly pay the fine and move on. The document in question is an e-mail from Irv Miller, a now-retired public relations executive for the automaker's U.S. operations, and it shows that Toyota may have been aware of sticking gas pedals well before the company recalled 2.3 million vehicles to correct the potentially dangerous defect. Under federal law, automakers have five days after finding a safety defect before issuing an official recall. Miller cautioned in his email that the automaker is not "protecting our customers by keeping this quiet. The time to hide on this one is over." Miller then went on to make absolutely clear that he was talking about unintended acceleration issues by adding "WE HAVE A tendency for MECHANICAL failure in accelerator pedals." The odd cadence of CAPS was apparently used by Miller for emphasis. Miller was apparently so concerned with top U.S. executive Yoshi Inaba and U.S. sales boss Jim Lentz's January meeting with NHTSA that he also wrote Toyota "better just hope that they can get NHTSA to work with us in coming to a workable solution that does not put us out of business." The Freep also reports that among the 70,000 documents gathered by NHTSA during its investigation was evidence that Toyota warned 31 European governments and Canada of the pedal problems as early as September, 2009. It reportedly even went as far as providing a service bulletin with instructions for repairing the pedals, but didn't issue a recall for sticking accelerator pedals in the U.S. until January 21, 2010. Miller's e-mail could well make fighting that $16.4 million fine a really bad idea, but the larger looming issue may be that his words appear to show that Toyota wasn't acting in the best interest of its extremely loyal customers. It's a good thing Miller is (suddenly) retired, because he probably wasn't going to be the most popular guy in the office this week.

http://www.temasekreview.com/2009/11...omment-page-1/ Prime Minister Lee Hsien Loong said during a speech at Assisi Hospice last night that terminally ill patients should not treat death as a taboo subject. He was speaking as the guest of honour at Assisi Hospice

From today's TODAY newspaper. http://www.todayonline.com/singapore/EDC09...nt-starts-Oct-1 But most of the time it is not us that litter...sometimes come home, see flyers and name cards all over the door, feel so pik chik!

have anyone saw the article on the above topic. think this NGO guy need some counselling. the gahman is already penalizing employer for maid pregnancy, run-away, ... now this guy wanna give maid maternity leave. not sure whether this guy think before making such comment.... maybe he should get a maid himself and try out all the suggestions first before making such comments. no offend but seems like he is a theory man without practical knowledge...... Talk is cheap, implementation is another story...... ***************************************************************************** The proposed changes to the Employment Act may see more local workers coming under its umbrella, but two non

HDB urged to be more compassionate in arrears cases By Chio Su-Mei, Channel NewsAsia | Posted: 26 February 2008 1609 hrs Photos 1 of 1 Related Videos HDB urged to be more compassionate in arrears cases Special Report