Electronic eyes to deter illegal parking and driving round the island

Drivers, beware of electronic eyes where you decide to park at certain “hot” areas. Closed-circuit television (CCTV) cameras will be installed in 10 more locations across Singapore from July 15 to tackle illegal parking, the Land Transport Authority (LTA) announced on Friday (July 4).

In a statement, LTA said the locations are selected based on considerations such as a high incidence of illegal parking, typically daily and throughout the day. Illegal parking impedes the smooth flow of public buses, particularly where the roads serve a high number of public bus services.

Once activated, the CCTVs will be used to monitor the specified locations 24 hours a day. Motorists will be able to easily identify these locations as they are clearly demarcated by parking restriction lines and signs to highlight their presence in the area, said the LTA.

The 10 new locations are:

Ang Mo Kio Ave 3 (AMK MRT)
Boon Lay Way (Lakeside MRT)
New Upper Changi Rd (Bedok MRT, Bedok Centre)
Pasir Panjang Road (AVA centre to shophouses before MAS Currency House)
Woodlands Road (Kranji MRT, both directions)
Collyer Quay (both directions)
Choa Chu Kang Avenue 4 (Lot 1, CCK MRT/LRT)
Choa Chu Kang Loop (outside CCK Bus Interchange)
Jalan Sultan (Textile Centre)
Tampines Central 1 (near to bus interchange, Tampines MRT)

The locations are in addition to the existing 10 locations already using CCTVs to deter illegal parking since Apr 14.

The agency also said another 10 locations will use the CCTVs by October 2014. bringing the total number to 30. The locations are:

Beach Road (at Golden Mile Food Centre)
River Valley Road (in front of Spize, Boon Tong Kee)
Tanjong Katong Road (near Parkstone Road)
Woodlands Ave 7 (Admiralty MRT)
North Bridge Road (opposite and along Bugis Junction)
Jalan Besar (Eminent Plaza)
Punggol Road (junction of Punggol Central, both directions)
Sembawang Road (Jalan Lengkok Sembawang )
Serangoon Road (Tekka Centre)
Upper Serangoon Road (junction of Simon Road & Florence Road)

The LTA said it will continue to monitor the effectiveness of the CCTVs after implementation and review the need for expansion to other areas where necessary.

In addition to static CCTVs, LTA will expand the use of closed-circuit television (CCTV) cameras on buses from June 1. The cameras continuously monitor the roads in front of the buses and record on video any motorists who infringe the bus lanes.

To date, more than 3,300 existing buses have been equipped with CCTV, the agency said.

According to the LTA, 1,560 motorists in 2013 were caught on CCTV driving on bus lanes during restricted hours. This is an improvement from 2008, when 2,112 motorists were caught on CCTV.

From June 16, full-day bus lanes at seven selected locations – Eu Tong Sen Street, New Bridge Road, Hill Street, Victoria Street, Kallang Road, Sims Avenue (between Kallang Road and Sims Way) and Geylang Road (between Sims Way and Kallang Road) – will feature new road markings , which will include the bus lane operation hours as a reminder to motorists.

The LTA will also expand the Mandatory Give Way to Buses Scheme at bus stops. By the end of this year, a total of about 300 bus stops island-wide will be covered under the scheme.

There were 1,883 cases of motorists failing to give way to buses under the scheme in 2013, a decline of more than 40 per cent from the 3,325 offences in 2009, LTA said.

http://www.channelnewsasia.com/news/singapore/cctvs-at-10-more/1234718.html?cid=FBSG

http://www.channelnewsasia.com/news/singapore/more-cctvs-on-buses-more/1127082.html

ABC of buying a property

ABC

Buying property is one of the most rewarding and stressful decisions for one, especially that of a first-time buyer. With some many issues to tackle with, like location, furnishings, size, transport, floor level, financing, etc etc, one can be quite stressed to how to start.

I will like to propose that buying a property is as easy as ABC: Always Be Clear. With heart and mind raging over decisions, as an experienced realtor serving buyers over all these years, I find the least stressful point of time is when buyers decide to take a step back and really be clear about what they need and want.

These are the top three factors I will recommend buyers to think about before committing even the first research of property choice.
1. Accessibility – location.
Location, location, location. This is the tagline following all property “experts”. Indeed property purchase is all about location – a simple word to illustrate a complex set of issues. Transportability, accessibility, floor level, schools, amenities, etc. As most motivational gurus asked, know what you want. Set your objectives, decide where you want to be. In property purchase, decide on a few locations to start with. It could be either the current location you have been staying, or a particular destination you are keen on. You may want to live near your parents/in-laws, or stay within the proximity of certain schools, or within walking distance to your workplace.

2. Big – size and interior
How big a home do you need? Many people wants a big house, with plenty of interior space. But have you thought of the maintenance, cleaning, and costs involved in upkeeping such a size? The bigger they are the more they need maintenance in terms of cost and time. Most of the times, for first- time buyers, a two bedroom apartment is good enough, especially for the newly weds or those thinking of starting a families soon. On the other hand, if one have many family members, like a multi-generational family, a much bigger space is required.

Also, how “nice” do you want the interior to look like? Do you want a brand new interior, or a vacant and basic unit? Do you intend to get a interior designer to produce the dream home? Decide on the interior of your choice will help you save time and efforts in finding the right home for you and your needs.

3. Cash – financing
Buying a home is probably the biggest financial commitment for most Singaporeans. It is a long-term commitment which should be carefully planned upfront.

Before you start looking for a home to buy, first work out what you can afford as well as find out what you need to pay for. What you can afford depends on your available cash, current income, existing debt obligations and expenses, available savings as well as the loan amount you are eligible for.

You should also set aside other cash for possible renovation, furniture and equipment. Buy within your means or else you will be like this buyer.

https://katonghomes.com/2014/07/19/funny-video/

Train Network in Katong area

Accessibility options to Katong is abundant with choices. Buses are plentiful to Town, Orchard and Airport. The new MRT line is in the works. Existing stations of Paya Lebar, Eunos, Dakota, Mountbatten and Stadium serves the residents and visitors alike with great ease.

1. Dakota MRT Station (Circle Line)

https://www.google.com.sg/maps/vt/data=VLHX1wd2Cgu8wR6jwyh-km8JBWAkEzU4,-PYHvl422Mhh0WJO4-6Atzpp3Mig2LPljdLBMUqZ47zpl9HTXArlTkB16xqFSuQH_2AVhg6_BhyOwa3PFyNfF2egX3Uh4UTdNH8Vh3iTlCu6SK2sukzxGbOW7XM

http://www.smrt.com.sg/Trains/NetworkMap/Dakota.aspx

2. Paya Lebar MRT Station (Circle Line and East-West Line)

http://www.smrt.com.sg/Trains/NetworkMap/PayaLebar.aspx

3. Mountbatten MRT Station (Circle Line)

http://www.smrt.com.sg/Trains/NetworkMap/Mountbatten.aspx

4. Eunos MRT Station (East-West Line)

http://www.smrt.com.sg/Trains/NetworkMap/Eunos.aspx

5. Stadium MRT Station

http://www.smrt.com.sg/trains/networkmap/stadium.aspx

Top 15 viewed posts and pages for the past 7 days (starting 25 July)

2014-07-25 to Today

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About KatongHomes
Home page / Archives
Istana Open House for Hari Raya Puasa and National Day to be held on Sat, Aug 2
Expiry date for Dakota Crescent flats in 2016
Bedok residents to get healthcare and sports facilities under one roof
Flashback to an old housing estate
Dakota Crescent – Where time stands still
URA private home index down 1%; HDB resale index retreats 1.4%
i Love Katong — Fun Facts

Completed Condo market: Further downside expected as supply increases, leasing demand weakens

PRICES of completed private condos resumed their fall in June as distractions from the school vacation and World Cup fever dampened buying interests.

A looming supply of completed homes and weakening leasing demand will continue to weigh on prices, market watchers say.

Last month, the Singapore Residential Price Index (SRPI) released by the National University of Singapore (NUS) slipped one per cent month-on-month in June, after a revised 0.4 per cent rise in May.

Small units of 506 sq ft and below saw a 0.4 per cent dip in prices last month nationwide.

“Private resale home prices are expected to continue to soften with all the measures in place,” said ERA Realty key executive officer Eugene Lim. “In addition, private resale market is facing competition due to the increased supply. We will continue to see more deals being closed at realistic prices.”

The NUS indices, which track completed private condos and apartments, excluding executive condos, reflect transactions received as at July 21.

While the overall NUS SRPI for June reflects a 9 per cent fall from the peak in May 2013, it is still 36.1 per cent above the level in January 2008.

Excluding shoebox units, prices of completed homes in the Central Region – comprising districts 1 to 4 and districts 9 to 11 – fell 1.5 per cent in June from May, while those in non-central region edged down 0.4 per cent in June.

Official figures from URA last week showed that there are a total of 1,412 private homes that are completed but unsold as at end-June. And the bulk of these unsold units – 63.3 per cent – are located in the Core Central Region, which covers districts 9, 10, 11, downtown core and Sentosa.

Vacancy rate is also on the rise, according to URA, climbing from 6.6 per cent in the first quarter to 7.1 per cent in the second – the highest level since the 7.4 per cent recorded in the first quarter of 2006.

R’ST Research director Ong Kah Seng noted that buying interest for homes in the Central Region is very weak given ample unsold developer stock and the easing rental market as companies tighten housing budgets for expatriates.

“Even the pool of buyers of smaller/average size units in Central Region is shrinking as they usually require large loans but TDSR (total debt servicing ratio) limits put a cap to it,” Mr Ong added.

The Outside Central region (OCR) that has held up slightly better so far may also experience further weakness.

Nicholas Mak, executive director of SLP International, reckoned that a higher proportion of suburban condos bought during the property boom of 2009-2013 was investment-driven, compared to that during the 2005-2007 boom.

As more units in OCR reach completion next year onwards, there will be some pressures – first on the rental market and then on resale prices, Mr Mak said.

http://www.businesstimes.com.sg/premium/singapore/completed-condos-remain-price-slide-20140730

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