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niuyear     23-Sep-2011 13:13  
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2 years ago ,  Also people speculating China will BUBBLE..........hahaha!

 

 

stoheart72      ( Date: 23-Sep-2011 13:11) Posted:

I cant remember where but I read that 2012, malaysia will be facing a property bubble.

xing78      ( Date: 23-Sep-2011 13:07) Posted:



The property price in Southern Johor has already shoot up more than 50% in some areas since 2008 crash.

When I go for property viewing, I notice there are lots n lots of properties without occupants (many are bought up on speculations).

There's an over-supply in my view at some locations (mostly 3 storey Semi-Ds selling above RM600k not referring to the Bumi-Lots).

 


 
 
stoheart72     23-Sep-2011 13:11  
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I cant remember where but I read that 2012, malaysia will be facing a property bubble.

xing78      ( Date: 23-Sep-2011 13:07) Posted:



The property price in Southern Johor has already shoot up more than 50% in some areas since 2008 crash.

When I go for property viewing, I notice there are lots n lots of properties without occupants (many are bought up on speculations).

There's an over-supply in my view at some locations (mostly 3 storey Semi-Ds selling above RM600k not referring to the Bumi-Lots).

 

niuyear      ( Date: 23-Sep-2011 12:59) Posted:

When LKY says singapore wants to invest in Malaysia, (Iskanda Region),   many will follow suit.  Malaysia prperty will    shoot up, man


 
 
niuyear     23-Sep-2011 13:10  
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He SAW eyes?    lol!

The next generation will see them staying in  an island like pulau ubin ..........etc.  Pasir ris or ponggol become a  " Hot" place to own a house..like 20 years ago Bishan was a ghost town,and no one wanted to move there.

pharoah88      ( Date: 23-Sep-2011 13:01) Posted:

Oversupply risks in Outside Central Region

COMMENTARY

OCR market hots up

The rising prices in the OCR fed upon themselves. Almost all of the Government Land Sales were concentrated in the OCR and as the new projects launched sold fast and prices achieved new highs, developers were more willing to bid higher for land. These led to higher costs which meant that the new launches had to be priced even higher.

Data compiled by property agency Singapore Condo shows 3,931 apartments and condominium units changed hands in the OCR in 2Q2011. Some 28 per cent of these transacted at S$1,000 per sq ft or higher and the average price per unit in OCR rose past S$1 million.

Mr Vince Chen, chief investment officer of Singapore Condo, said 175 units, or more than 4 per cent, sold above S$1,300 psf and that more than half of the properties transacted were still under construction.

Investors are used to seeing residential prices around S$1,000 psf across Singapore.

However, most would be surprised that significant numbers transacted in OCR have increased to these levels. During the previous peak four years ago, OCR locations were transacted at S$600 psf on average and today, they are at S$S887 psf.

Punggol, Sengkang and Pasir Ris stand out

The numbers in Table 2 and Table 3 indicate continued strength in OCR transactions and prices. Yet the risks seem compounded when we view the rising prices alongside the threat of oversupply in OCR.

Three adjacent planning areas, when taken together, stand out as having the highest concentration of residential units in the pipeline:

Punggol, Sengkang and Pasir Ris.

Some 25 per cent, or 8,102 units, of the private home supply within OCR (32,751 units) is concentrated in these three areas.

The proportion rises to 38 per cent (estimated 28,000 out of 74,185 units) when we include the strong supply of public housing.

We must be mindful that this is a simple snapshot of the seemingly high supply and a casual observation that the concentration of this supply falls within the three planning areas of Sengkang, Punggol and Pasir Ris.

Without a detailed look at population growth and potential demand, we are not able to infer that it may translate into downward pressure on prices.

However, one point does worry me:

With 28,000 households coming up in Sengkang, Punggol and Pasir Ris, will the quality of life be compromised?

Will there be enough schools and medical facilities in these neighbourhoods?

Also, will the already stretched transport infrastructure in these areas be tested to the extreme?

I leave you to digest the data and draw your own conclusions about the risks. In the next few years, I will be sticking with the five- to 10-year-old properties in the central regions.

Ku Swee Yong is founder of real estate agency International Property Advisor, specialising in property services for high-net-worth clients.

He is the author of Real Estate Riches:

Understanding Singapore’s Property Market in a Volatile Economy.

KU SWEE YO NG

property@ mediacorp.com.sg


 

 
xing78     23-Sep-2011 13:07  
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The property price in Southern Johor has already shoot up more than 50% in some areas since 2008 crash.

When I go for property viewing, I notice there are lots n lots of properties without occupants (many are bought up on speculations).

There's an over-supply in my view at some locations (mostly 3 storey Semi-Ds selling above RM600k not referring to the Bumi-Lots).

 

niuyear      ( Date: 23-Sep-2011 12:59) Posted:

When LKY says singapore wants to invest in Malaysia, (Iskanda Region),   many will follow suit.  Malaysia prperty will    shoot up, man!

pharoah88      ( Date: 23-Sep-2011 08:50) Posted:

By Channel NewsAsia, Updated: 22/09/2011

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

 

Mr Lee Kuan Yew.

SINGAPORE: Singapore’s former minister mentor Lee Kuan Yew said it is unlikely that Singapore and Malaysia will merge in the future.

He was speaking at the Singapore Global Dialogue, held at the Shangri—La Hotel, on Thursday evening. The dialogue was attended by some 400 participants from all over world.

Mr Lee was asked by a Malaysian citizen if he foresees both countries coming to a political or economic union in the future, given the growing strength of Indonesia.

Mr Lee said having gone through a failed merger in the 1960s, such a move is not likely.

But he also gave a positive outlook of bilateral relations, noting the efforts of Malaysian Prime Minister Najib Razak.

These include developing the Iskandar region in southern Johor, which will complement Singapore’s own economic growth.

" Najib has brought forth a positive view of bilateral relations and the desire to develop southern Johor, the Iskandar region, using Singapore as a kind of Shenzhen. (This) means a complementary set of forces will be let loose, which will make it unprofitable for either side to be unfriendly," said Mr Lee.

He added: " You want our investments, we want to invest. Having invested, we don’t want problems with Malaysia, and Malaysia which wants more investments will not give us problems. So that’s a positive development."

Mr Lee also said it is in the country’s best interest to spread its wealth, to maintain " national solidarity" .

" If you have fast growth, and it’s confined only to one section of society, particularly the Chinese, and the Malays are left behind, I think it’s not sustainable," said Mr Lee.

" It is in our interest to maintain national solidarity, to ensure there is a spread of the wealth that comes with growth, to the disadvantaged in the population."

The 40—minute dialogue saw wide—ranging questions from the audience.

Among them, what Mr Lee Kuan Yew thought were the key qualities that will keep Singapore going.

Mr Lee said factors such as meritocracy, pragmatism and a clean government have taken Singapore to where it is, and losing sight of any of them will cause the country to lose momentum.

Asked about his thoughts on Singapore’s recent general election in May, where the ruling People’s Action Party saw its vote share dip, Mr Lee said the " result was bound to happen" .

" Our total dominance was not sustainable [CHINA's wAy ?], a younger generation wants to see competition, they voted in an opposition party... (but) to have a two—party system is another matter. It depends on the performance of the opposition, the response of the government, and the mindset of succeeding younger generations that come with every general election."

When asked on how he hoped to be remembered, Mr Lee said he has no desire to be remembered for any particular reason, but he has a job to do — that is to maintain a fair distribution of growth for the country, and to maintain good relations with neighbours.

— CNA/cc



 
 
pharoah88     23-Sep-2011 13:01  
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Oversupply risks in Outside Central Region

COMMENTARY

OCR market hots up

The rising prices in the OCR fed upon themselves. Almost all of the Government Land Sales were concentrated in the OCR and as the new projects launched sold fast and prices achieved new highs, developers were more willing to bid higher for land. These led to higher costs which meant that the new launches had to be priced even higher.

Data compiled by property agency Singapore Condo shows 3,931 apartments and condominium units changed hands in the OCR in 2Q2011. Some 28 per cent of these transacted at S$1,000 per sq ft or higher and the average price per unit in OCR rose past S$1 million.

Mr Vince Chen, chief investment officer of Singapore Condo, said 175 units, or more than 4 per cent, sold above S$1,300 psf and that more than half of the properties transacted were still under construction.

Investors are used to seeing residential prices around S$1,000 psf across Singapore.

However, most would be surprised that significant numbers transacted in OCR have increased to these levels. During the previous peak four years ago, OCR locations were transacted at S$600 psf on average and today, they are at S$S887 psf.

Punggol, Sengkang and Pasir Ris stand out

The numbers in Table 2 and Table 3 indicate continued strength in OCR transactions and prices. Yet the risks seem compounded when we view the rising prices alongside the threat of oversupply in OCR.

Three adjacent planning areas, when taken together, stand out as having the highest concentration of residential units in the pipeline:

Punggol, Sengkang and Pasir Ris.

Some 25 per cent, or 8,102 units, of the private home supply within OCR (32,751 units) is concentrated in these three areas.

The proportion rises to 38 per cent (estimated 28,000 out of 74,185 units) when we include the strong supply of public housing.

We must be mindful that this is a simple snapshot of the seemingly high supply and a casual observation that the concentration of this supply falls within the three planning areas of Sengkang, Punggol and Pasir Ris.

Without a detailed look at population growth and potential demand, we are not able to infer that it may translate into downward pressure on prices.

However, one point does worry me:

With 28,000 households coming up in Sengkang, Punggol and Pasir Ris, will the quality of life be compromised?

Will there be enough schools and medical facilities in these neighbourhoods?

Also, will the already stretched transport infrastructure in these areas be tested to the extreme?

I leave you to digest the data and draw your own conclusions about the risks. In the next few years, I will be sticking with the five- to 10-year-old properties in the central regions.

Ku Swee Yong is founder of real estate agency International Property Advisor, specialising in property services for high-net-worth clients.

He is the author of Real Estate Riches:

Understanding Singapore’s Property Market in a Volatile Economy.

KU SWEE YO NG

property@ mediacorp.com.sg

 
 
niuyear     23-Sep-2011 12:59  
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When LKY says singapore wants to invest in Malaysia, (Iskanda Region),   many will follow suit.  Malaysia prperty will    shoot up, man!

pharoah88      ( Date: 23-Sep-2011 08:50) Posted:

By Channel NewsAsia, Updated: 22/09/2011

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

 

Mr Lee Kuan Yew.

SINGAPORE: Singapore’s former minister mentor Lee Kuan Yew said it is unlikely that Singapore and Malaysia will merge in the future.

He was speaking at the Singapore Global Dialogue, held at the Shangri—La Hotel, on Thursday evening. The dialogue was attended by some 400 participants from all over world.

Mr Lee was asked by a Malaysian citizen if he foresees both countries coming to a political or economic union in the future, given the growing strength of Indonesia.

Mr Lee said having gone through a failed merger in the 1960s, such a move is not likely.

But he also gave a positive outlook of bilateral relations, noting the efforts of Malaysian Prime Minister Najib Razak.

These include developing the Iskandar region in southern Johor, which will complement Singapore’s own economic growth.

" Najib has brought forth a positive view of bilateral relations and the desire to develop southern Johor, the Iskandar region, using Singapore as a kind of Shenzhen. (This) means a complementary set of forces will be let loose, which will make it unprofitable for either side to be unfriendly," said Mr Lee.

He added: " You want our investments, we want to invest. Having invested, we don’t want problems with Malaysia, and Malaysia which wants more investments will not give us problems. So that’s a positive development."

Mr Lee also said it is in the country’s best interest to spread its wealth, to maintain " national solidarity" .

" If you have fast growth, and it’s confined only to one section of society, particularly the Chinese, and the Malays are left behind, I think it’s not sustainable," said Mr Lee.

" It is in our interest to maintain national solidarity, to ensure there is a spread of the wealth that comes with growth, to the disadvantaged in the population."

The 40—minute dialogue saw wide—ranging questions from the audience.

Among them, what Mr Lee Kuan Yew thought were the key qualities that will keep Singapore going.

Mr Lee said factors such as meritocracy, pragmatism and a clean government have taken Singapore to where it is, and losing sight of any of them will cause the country to lose momentum.

Asked about his thoughts on Singapore’s recent general election in May, where the ruling People’s Action Party saw its vote share dip, Mr Lee said the " result was bound to happen" .

" Our total dominance was not sustainable [CHINA's wAy ?], a younger generation wants to see competition, they voted in an opposition party... (but) to have a two—party system is another matter. It depends on the performance of the opposition, the response of the government, and the mindset of succeeding younger generations that come with every general election."

When asked on how he hoped to be remembered, Mr Lee said he has no desire to be remembered for any particular reason, but he has a job to do — that is to maintain a fair distribution of growth for the country, and to maintain good relations with neighbours.

— CNA/cc


 

 
pharoah88     23-Sep-2011 09:36  
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SPH with its extensive range of multilingual media platforms is well placed to cater to the news and information needs of all Singaporeans.

I look forward to working with the Board, management and staff to provide better service to our readers be it in print or digital media products.

Dr Lee Boon Yang (picture)

Lee Boon Yang slated to take over from Tony Tan as SPH chairman

prOmOtiOn pAth creAted by DR TT's depArture ?

 
 
pharoah88     23-Sep-2011 09:05  
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Schools to rope in parents and the community

Ng Jing Yng

jingyng@mediacorp.com.sg

SINGAPORE

The teachers for the lower primary cohort at Temasek Primary are at their weekly morning meetings, but singing and laughter can still be heard from the Primary 1 and 2 classrooms.

In place of teachers are parents from the school’s parent volunteer programme, who use the weekly sessions to teach character values to students though songs and games.

Initiatives like these, as well as partnerships with community groups to be part of students’ development process, are what the Education Ministry (MOE) hopes to tap into further, with values and holistic education being the central focus at the MOE Work Plan Seminar this year.

At Jurong Primary School, students in the Green Club bond with residents in a welfare home through gardening activities.

Said teacher-in-charge Wendy Looi:

“They learn to work with different groups in the community but are also inculcated values like responsibility and respecting others.”

Weekly Meetings should be hEld  On SAturdAys nOt during  lessons' periods

Character building is already in the CCA—

 
 
pharoah88     23-Sep-2011 08:50  
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By Channel NewsAsia, Updated: 22/09/2011

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

Unlikely for S’pore, Malaysia to merge: Lee Kuan Yew

 

Mr Lee Kuan Yew.

SINGAPORE: Singapore’s former minister mentor Lee Kuan Yew said it is unlikely that Singapore and Malaysia will merge in the future.

He was speaking at the Singapore Global Dialogue, held at the Shangri—La Hotel, on Thursday evening. The dialogue was attended by some 400 participants from all over world.

Mr Lee was asked by a Malaysian citizen if he foresees both countries coming to a political or economic union in the future, given the growing strength of Indonesia.

Mr Lee said having gone through a failed merger in the 1960s, such a move is not likely.

But he also gave a positive outlook of bilateral relations, noting the efforts of Malaysian Prime Minister Najib Razak.

These include developing the Iskandar region in southern Johor, which will complement Singapore’s own economic growth.

" Najib has brought forth a positive view of bilateral relations and the desire to develop southern Johor, the Iskandar region, using Singapore as a kind of Shenzhen. (This) means a complementary set of forces will be let loose, which will make it unprofitable for either side to be unfriendly," said Mr Lee.

He added: " You want our investments, we want to invest. Having invested, we don’t want problems with Malaysia, and Malaysia which wants more investments will not give us problems. So that’s a positive development."

Mr Lee also said it is in the country’s best interest to spread its wealth, to maintain " national solidarity" .

" If you have fast growth, and it’s confined only to one section of society, particularly the Chinese, and the Malays are left behind, I think it’s not sustainable," said Mr Lee.

" It is in our interest to maintain national solidarity, to ensure there is a spread of the wealth that comes with growth, to the disadvantaged in the population."

The 40—minute dialogue saw wide—ranging questions from the audience.

Among them, what Mr Lee Kuan Yew thought were the key qualities that will keep Singapore going.

Mr Lee said factors such as meritocracy, pragmatism and a clean government have taken Singapore to where it is, and losing sight of any of them will cause the country to lose momentum.

Asked about his thoughts on Singapore’s recent general election in May, where the ruling People’s Action Party saw its vote share dip, Mr Lee said the " result was bound to happen" .

" Our total dominance was not sustainable [CHINA's wAy ?], a younger generation wants to see competition, they voted in an opposition party... (but) to have a two—party system is another matter. It depends on the performance of the opposition, the response of the government, and the mindset of succeeding younger generations that come with every general election."

When asked on how he hoped to be remembered, Mr Lee said he has no desire to be remembered for any particular reason, but he has a job to do — that is to maintain a fair distribution of growth for the country, and to maintain good relations with neighbours.

— CNA/cc

 
 
pharoah88     22-Sep-2011 21:07  
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Dow Jones Future down by -295

Economic News

New Zealand GDP Growth Slows In Q2

New Zealand's economic growth rate slowed to a near stand-still in the June 2011 quarter. (Sep 22, 2011) Full ArticleForwardFacebookTwitterLinkedIn

China Manufacturing Sector Contracts Again

China's manufacturing sector contracted for a third month running in September, with both production and new orders declining during the month, the results of a survey by Markit Economics showed Thursday. (Sep 22, 2011) Full ArticleForwardFacebookTwitterLinkedIn

New Greek Austerity Measures Leave 30,000 Civil Servants Redundant

Greece has announced a fresh package of austerity measures for securing further bailout funds to weather its debt crisis that threatens the Eurozone country with default. (Sep 22, 2011) Full ArticleForwardFacebookTwitterLinkedIn

Eurozone Private Sector Shrinks For First Time Since 2009

The Eurozone private sector contracted in September for the first time in more than two years, preliminary results of the Purchasing Managers' survey from Markit Economics showed Thursday. (Sep 22, 2011) Full ArticleForwardFacebookTwitterLinkedIn

U.S. Weekly Jobless Claims Slip To 423,000

New unemployment claims in the U.S. fell in the week ended September 17th but still came in higher than most economists had predicted. (Sep 22, 2011) Full ArticleForwardFacebookTwitterLinkedIn

 

 
pharoah88     22-Sep-2011 11:39  
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A disappointing performance

Singapore International Film Festival plagued with ticketing issues and glitches

Letter from Robin Chee Ming Feng

I understand that such problems are common in film festivals, but the numerous glitches this year are unacceptable and could tarnish the reputation of a festival attempting to arrest the decline in attendance over the last few years.

 

 
 
pharoah88     21-Sep-2011 07:59  
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Rising electricity prices take their toll on town councils

Ong Dai Li n and Ng Jing Yng

dailin@mediacorp.com.sg

SINGAPORE

But, even as town councils brainstorm ways — with at least one seeking suggestions from residents — to manage growing bills, town council chairmen

Mr Michael Palmer, who chairs the Pasir Ris–Punggol Town Council, said the town council’s utility bill rose from S$15.76 million in FY2007/2008 to S$19.18 million in the last financial year.



In the last 5 lOng yeArs,

why  Town Councils are not implementing SOLAR POWER ? ? ? ?

  — Town councils around the island are feeling the heat of rising electricity prices: The Bishan-Toa Payoh Town Council, for instance, has seen its utility bill balloon to S$8.2 million in the last financial year, an increase of almost 40 per cent over the last five years.Today spoke to reassured that, at this point, there was no need to consider raising residents’ service and conservancy charges (S& CC).
 
 
pharoah88     20-Sep-2011 12:14  
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Data to be collected to improve healthcare

Tan Weizh en

weizhen@mediacorp.com.sg

SINGAPORE

A initiative by the new Saw Swee Hock School of Public Health at the National University of Singapore (NUS), simulations will be run on the data collected to show the effects of existing policies, which will help in fine-tuning them.

With data to be collected from the various races here, Singapore will be a good testbed, as the data can be mapped for the rest of Asia, said dean designate Professor Chia Kee Seng at the launch of the school yesterday.

Through house-to-house visits, a voluntary questionnaire will be put to the residents, covering topics such as lifestyle, perceptions towards health, and knowledge.— Over the next five years, some 50,000 Singaporeans will have their lifestyles and attitudes towards healthcare tracked, in a project to collect data to develop more effective, prevention-based healthcare.

 

The school — created from the existing Department of Epidemiology and Public Health in the School of Medicine — will also train future doctors and conduct research in four areas: Epidemiology, biostatistics, health services and policy research, and health behaviour and promotion.

At the launch, Health Minister Gan Kim Yong noted three challenges in the public health landscape:

The emergence of lifestyle-related diseases with an ageing population, the threat of infectious diseases, and the need to develop leaders in the area of public health.

 
 
pharoah88     20-Sep-2011 12:05  
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HSA suspends licence of Zerin 500mg paracetamol tablets

The Health Sciences Authority (HSA) has suspended the licence of Zerin 500mg tablets due to product defects in some tablets.

Although the health risk to consumers is low, the HSA said it is suspending the licence of the tablets — used for the relief of fever and pain — to “prevent the exposure of members of the public to a product that is not compliant to quality standards”.

Zerin contains paracetamol and is available as an over-the-counter medicine.

All sales and distribution of Zerin tablets have been discontinued from public healthcare institutions, private medical clinics and pharmacies.

Four reports of product defects have been investigated last month, where some tablets were found to contain small foreign particles.

Consumers are advised to stop consuming the product, but those who have should not be alarmed as its defect poses low risk to their health.

 
 
pharoah88     20-Sep-2011 10:27  
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‘Najib could face hardliner resistance to ISA repeal’

From the people behind Tony Blair, a

‘cool’ Malaysian Prime Minister Najib

KUALA LUMPUR

As part of the Najib team’s big push, it is understood that multimillion-ringgit funding has also been worked out for a new website and to hire hundreds of people to promote ‘Brand Najib’ and ‘Brand BN’ on social media and other websites.

— In the last few weeks, a group of political strategists that includes members of the team behind Mr Tony Blair’s “New Labour” campaign have started work to reinvent Prime Minister Najib Razak (picture) as a moderate reformist to appeal to voters, as he prepares to lead his Barisan Nasional (BN) for the first time into elections.

 

 
pharoah88     20-Sep-2011 10:18  
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From a runaway to becoming President, S R Nathan tells his story

ESTHER NG

estherng@mediacorp.com.sg

SINGAPORE

“His journey from a runaway sleeping in alleys to the President of the Republic is an inspiring one. Although not everyone can be President, all of us can achieve our potential here, because ours is a meritocratic society,” said Mr Lee.

Yesterday, the Prime Minister launched Mr Nathan’s memoirs, — In the words of Prime Minister Lee Hsien Loong, the life of former President S R Nathan, 87, “exemplifies the Singapore story”.An Unexpected Journey, at an event attended by about 200 guests, including politicians, foreign dignitaries, academics and business leaders. At the event, Mr Lee also launched the S R Nathan Education Upliftment Fund for youth from disadvantaged homes. All proceeds from the sale of his memoirs will go towards the fund. To date, more than S$8 million has been raised.

 
 
pharoah88     20-Sep-2011 10:03  
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O V E R H E A D :

wIld  lIvEs  fEEdbAck

1)  wIld  lIvEs  fEAr  ghOsts

2)  wIld  lIvEs  hAtE  ghOsts

3)  wIld  lIvEs  dO nOt  bElIvE  In  ghOsts

4)  ? ? ? ?
 
 
pharoah88     20-Sep-2011 09:59  
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By Channel NewsAsia, Updated: 19/09/2011

Halloween Horrors to be held in Tampines?

Halloween Horrors to be held in Tampines?

 

Singapore Polytechnic students spent seven months organising " Halloween Horrors"

SINGAPORE: Member of Parliament (MP) for Tampines Group Representation Constituency (GRC) Baey Yam Keng has offered alternative sites to Singapore Polytechnic students affected by the cancellation of the Halloween event at the Night Safari.

In his Facebook posting, Mr Baey said they could either use the Sun Plaza Park or the Eco Green Park at Tampines.

Wildlife Reserves Singapore had cancelled its signature Halloween Horrors just two weeks shy of the event.

Students from Singapore Polytechnic had spent seven months working with the Night Safari to put together Halloween Horrors as part of their final year project.

In a statement issued through its principal Tan Hang Cheong, the school said it is encouraged by the " interest shown by several organisations who called up to explore opportunities for engaging" its students in their project.

The school added it has met with the students and have assured them that their grades will not be affected as a result of the cancellation.

It added that the students are naturally " devastated" by the decision to cancel the event, after many months of hard work and sacrifice, but they have learnt much from the process.

Their plight has prompted at least one MP to offer a solution.

" When I first heard about the cancellation, my heart goes out to the students because they’ve spent a lot of months preparing for it," Mr Baey said.

The Tampines Eco Green Park located at Tampines North is one of the possible venues suggested by Mr Baey for the Singapore Polytechnic students to hold their Halloween event.

Many netizens supported the idea of having it there because of the huge area and the park’s low lighting conditions.

Netizens also raised the issue of who’s going to bear the cost of the event if it is to be held in Tampines.

" Certainly the community would not have the kind of resources like a commercial company. So probably, we might have to downscale the project," Mr Baey said.

" But I think we will have to find ways to find the finances (and) I’m happy that North East CDC Mayor Teo Ser luck called me over the weekend to say that he thinks it’s a good idea and if indeed we are going to bring the event to Tampines north, the CDC will come in with some support."

However, there is no word on whether the offer will be taken up.

A spokesperson told Channel NewsAsia that the " rights" to the Holloween Horrors do not reside with the school and therefore it cannot put up a similar show.

Meanwhile, Wildlife Reserves Singapore CEO Isabella Loh said the decision to cancel the Halloween Horrors event, while a difficult call to make, was " made with the best interests of the park and its many visitors in mind" .

In a statement, Ms Loh said over the years, the event has not contributed to a noticeable increase in visitors in the month in which it takes place.

 
 
pharoah88     19-Sep-2011 12:05  
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    pharoah88         19-Sep-2011 11:31  
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    Selling Singaporeans on the ISA

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    EUGENE KB TAN

     
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