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22 PRCs live illegally in 4-room HDB flat!

22 PRCs live illegally in 4-room HDB flat!

(Photo OMY) Chinese evening paper Lianhe Wanbao reported on Saturday (10 Aug) that 22 PRCs have been discovered living in a 4-room HDB unit in Blk 412, Commonwealth Avenue West. Even the living room and storage room were used as sleeping quarters with bunk beds all over the flat. The tenants told the media that they had to queue... 

6th person dies of dengue

6th person dies of dengue

The Ministry of Health and the National Environment Agency (NEA) have announced today (13 Aug) in a joint statement that a 6th person has died of dengue fever. It is the 5th dengue death confirmed to have originated in Singapore this year, with one case likely originating in Indonesia. The deceased is a 52-year-old Chinese male... 

Lawrence Wong: Most over-leveraged borrowers won’t default on property loans

Lawrence Wong: Most over-leveraged borrowers won’t default on property loans

Lawrence Wong Last month, MAS said that it is concerned over rising household debt in Singapore. The Managing Director of MAS, Ravi Menon, warned of rising interest rates which may affect the household sector. He said, “An estimated 5 to 10% of borrowers have probably over-leveraged on their property purchases i.e. they have... 



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