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Monthly Archives: December 2016

AMKTC – Overlapping roles can be efficient?

By Leong Sze Hian I refer to the article “Overlapping roles can be efficient but safeguards needed” (Straits Times, 31 Dec). Key officers at town councils are often also employees of the managing agent It states that “The key officers at town councils are often also employees of the companies hired to manage the estates. This double-hatting by the staff …

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Three Norway leased Swiber-linked vessels seized in Singapore

Three of of Swiber Holdings vessels had been seized in an arrest moved by a syndicate of banks in Singapore on 22 December. All three vessels were arrested at ASL Shipyard, the litigant in the arrest is United Overseas Bank (UOB), acting as security agent for the syndicate of banks that had extended financing to the vessel owner in relation …

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Dealing with 4 types of tenants from hell

By Property Soul What’s the biggest headache of first time landlords? Slow economy? Soft market? Sibor rise? Bad agent? No tenant? Try again. If you had been a landlord before, you would agree with me that no tenant is still better than bad tenants. As the saying goes, being single is far better than being stuck in a bad relationship. …

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SBS Transit to add 40 more trips on NEL during weekday morning peak hours

SBS Transit has announced that it will be adding 40 more trips a week to the North East Line during the weekday morning peak hours to cater to growing demand for rail services which will commence from Tuesday (3 January 2017). SBS said that from Mondays to Fridays (excluding public holidays), 7.30am to 9.30am, 30 trains will be in service …

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Man got five months’ jail for stealing $21,776 from his mother

A district court on (30 Dec) sentenced a man who had stolen his mother's ATM card and withdrew a total of $21,776 over five months with imprisonment for five months. His sentence was backdated to Nov 8. Mohamed Nasir Salim (57), pleaded guilty to 10 out of 48 charges, including stealing his mother's POSB ATM card at the Woodlands flat …

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