Monthly Archives: August 2009

Tech platform boost for property transactions

Posted on 31 Aug 2009 | Comments Off on Tech platform boost for property transactions

SLA’s STARS21 will improve title search, lodgement and registration of properties in S’pore

PROPERTY buyers hunting for their dream Housing Development Board (HDB) flat could find their task made easier when a project by the Singapore Land Authority (SLA) to computerise 800,000 HDB titles and 3,300,000 HDB documents comes online.

Mr Chew: ‘Before placing a deposit, buyers can always go online and search that the owners are who they profess to be.’

The $8.2 million undertaking, called Singapore Titles Automated Registration System 21 (STARS21), will also benefit lawyers, property agents and the general public, said Bryan Chew, SLA director of Regulatory Division and senior deputy registrar of titles.

Speaking to BizIT last week in an interview, Mr Chew said convenience and time-savings will be the key benefits of this system, which is expected to be completed by end-2013.

SLA, a statutory board that oversees land sales, leases, acquisitions and allocation and other land-related duties in Singapore, currently operates a computerised land registration system for private properties but upkeeps its far-larger crop of HDB titles and documents as physical records. Its current database of 800,000 HDB titles and 3,300,000 HDB documents form about 80 per cent of its registry’s records.

With STARS21, SLA is set to create a single computerised and integrated platform that encompasses both private and HDB properties. Tasks associated with the transaction of properties, like title search, lodgement and registration of properties, are expected to be significantly boosted under the new platform. Continue reading →

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Two stages of Circle Line start ops next year

Posted on 31 Aug 2009 | Comments Off on Two stages of Circle Line start ops next year

All 11 stations from Dhoby Ghaut to Bartley on track to get TOP by year-endSTAGES 1 and 2 of the Circle Line are set to commence operations in the first half of 2010, while Stages 4 and 5 will open in 2011.

Preparing to roll: The above-ground works for Stages 4 and 5 – with 13 stations from Marymount (left) to HarbourFront – will be completed by end-2010

Stages 1 and 2 – from Dhoby Ghaut to Bartley – consist of 11 stations, of which five have already achieved temporary occupation permit (TOP), while the remaining stations are on track to achieve TOP status by the end of this year.

Meanwhile, Stages 4 and 5 – from Marymount to HarbourFront – consist of 13 stations. The above-ground works for these two stages will be completed by end-2010.

And in an effort to improve the bus network, from next month the Land Transport Authority (LTA) will begin consulting and gathering feedback from advisers and grassroots leaders about the bus services in their constituencies. The consultation exercise is expected to be completed by the first quarter of next year.

Speaking at a dialogue session in Bukit Panjang yesterday, Minister for Transport Raymond Lim pointed out that while the existing bus system is a good one, there is still room for improvement. Continue reading →

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