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Showing posts from March, 2008

End of Property Boom in Sight?

As published in The Straits Times
31 March 08 (Monday)


Higher CPF grant for singles introduced

HDB introduces higher CPF grant for singles who live with parents By Channel NewsAsia Posted: 27 March 2008 1126 hrs
SINGAPORE: Starting next month, single Singaporeans aged 35 and above who buy HDB resale flats to live together with their parents may apply for a higher CPF housing grant of S$20,000 if they meet the eligibility conditions.

The Housing and Development Board said this higher-tier singles grant will also apply to eligible singles buying the Design, Build and Sell Scheme (DBSS) flats with their parents.

Under the existing Single Singapore Citizen Scheme, single Singaporeans aged 35 and above can get a CPF housing grant of S$11,000 to buy a HDB resale flat.

Minister in the Prime Minister's Office Lim Boon Heng announced the above higher-tier singles grant in Parliament on 5 March.

It is a pro-family initiative to encourage children to look after their parents.

To qualify for the higher-tier singles grant, the eligible single must commit to living together with his/her parents…

Punggol LRT

The Punggol LRT Line serves the residents in the town and urban planning area of Punggol.

Punggol LRT Station, the centrepiece of the line, is located directly above the Punggol MRT Station, thus linking up the Punggol MRT Line to the Mass Rapid Transit system that spans the entire island of Singapore.

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The East Loop was opened on 29 January 2005. Oasis Station was opened on 15 June 2007 and Damai Station, as well as the entire West Loop, will be opened at a later date.

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Operating Hours (Punggol East Loop)
Daily from 5.20am to 12.45am

Frequency:
4 minutes (peak)
6 minutes (off peak)

Punggol 21 Reborn

...and jazzed up as well
As published in The Straits Times
20 Aug 2007

An elaborate plan to turn Punggol into a vibrant residential town is finally taking off, some years after shrinking demand for new homes stalled the project.

The plan, first launched as the Punggol 21 vision in the late 1990s, has also been jazzed up, said Prime Minister Lee Hsien Loong last night.

‘So this is Punggol 21-plus,’ said Mr Lee to chuckles from the audience.

Among other things, the north-eastern coastal suburb will have water sports facilities for kayaking and canoeing, gardens and parks with jogging and cycling tracks, and al-fresco dining.

The sprucing up of Punggol is part of the Housing Board’s bid to keep public housing estates relevant to new generations of Singaporeans, said Mr Lee.

‘Most Singaporeans live in public housing… so we are continually finding ways to improve our public housing and meet new needs and expectations.

‘Each new estate has been an improvement on the previous one,’ he said.

The transf…

Historical Origins

Punggol has a long history. It is believed that one of the oldest settlements in Singapore, a Malay village named Kampong Punggol located in the vicinity of the Punggol Jetty, existed 200 years ago (before Sir Stamford Raffles founded Singapore). The original settlers then primarily depended on fishing for a living, with some planting of fruits and vegetables.

Punggol (also spelled Ponggol) is a Malay word meaning hurling sticks at the branches of fruit trees to bring the fruits down to the ground. It also refers to a place where fruits and forest produce are offered for wholesale.

From the mid 19th century onwards, Chinese immigrants started settling in Punggol. They were initally engaged in plantation work (mainly rubber), though poultry farming and pig rearing activities soon flourished. Farm produce, fruits and vegetables were traded in the marketplace at the former eighth milestone of Punggol Road. Fishermen sold their catch at the Serangoon River mouth where their boats were docke…

The Kick Off

This photo marks the entrance to the Punggol estate. I found it on HDB's website and thought that it will make a significant start for my blog.

HDB launched Punggol 21 in 1996, as a 21st Century public housing town by the waterfront that incorporated new and exciting planning concepts. Officially, the town was launched on 08 July 2001.

As we go along, we will discuss more about the developments and revamped masterplan mapped out for Punggol.

For me, after staying here for the past 3 years, this is the place I have grown to love, and to call my home.

Punggol EC Site

The Government earlier announced the proposed sale of the Executive Condominium (EC) site at Punggol E4 (junction of Punggol Road & Punggol Field) in the second half of 2007. This site is now released for application under the Reserve List of the GLS Programme.

Click to enlarge Location Plan.



For enquiries, the public can call the following toll free lines:
(a) Sales/Resale Customer Service Line: 1800 866-3066
(b) SERS Enquiry Line: 1800 866-3070
(c) Branch Office Service Line: 1800 225-5432

Related Posts:
Punggol EC fails to draw any bid
No takers for Punggol EC site