Wednesday's #sgroundup: Majority of unsold units located at central areas

Elizabeth Soh
·Elizabeth Soh

Here are the top trending stories from today in case you missed them:

Majority of unsold units located at central areas

When news broke yesterday about how two home owners had their Housing Development Board (HDB) flats seized for issuing short-term rentals, the Singapore social media scene went into a frenzy. Among the names floated around were Roomorama and Airbnb. Subletting websites such as Roomorama and AirBnb match tourists with local hosts of a country. They provide accommodation or lodging to visitors such as backpackers for a short time period. Airbnb’s Singapore website showed more than 1,000 rentals available while Roomorama has only 200 displayed on its page. Among those who are renting his apartment is Kelvin. He listed his 2-bedroom condominium for rental at $430 per night or $3010 per week on Airbnb. The private property is located at McCallum Street, Singapore. Kelvin has garnered 14 reviews by Airbnb users to date, with most commending him for his welcoming personality. Being hospitable to visitors of one’s country may improve its image, in turn boosting the tourism industry overall, but this is only one side of the coin. The HDB and Urban Redevelopment Authority (URA) has an eye on its flip-side, with rules banning anyone from renting out his HDB or private flat for less than 6 months. Moreover, according to HDB’s website, subtenants must not ... The post No More Room For Home-Rental Websites in Singapore? appeared first on Vulcan Post.



Almost 175,000 units are expected in the next 3 years.

The possibility of a surplus of private homes as well as a poor rental market are keeping home seekers from purchasing completed homes, particularly in the city centre, reported the media.

Notably, majority of the unsold units at completed developments in Singapore are located in upmarket districts 9, 10 and 11, showed data last week.

https://sg.finance.yahoo.com/news/majority-unsold-units-located-central-areas-025118644--sector.html

India fears 150 trapped in moonsoon landslide

Scores trapped in India landslide
Scores trapped in India landslide



A major landslide on Wednesday struck a village in western India following heavy monsoon rains, leaving 150 people feared trapped, a rescue official said.

Emergency forces rushed to the remote Malin village in the Pune district of Maharashtra state, where debris from a hill collapsed onto homes in the morning while residents were sleeping.

https://sg.news.yahoo.com/150-feared-trapped-landslide-india-village-083554699.html



 European ransoms now Al-Qaeda's major funding: NYTimes

An image taken on April 16, 2014 from a video released by Al-Malahem Media, the media arm of Al-Qaeda in the Arabian Peninsula (AQAP), allegedly shows AQAP jihadists arriving at a meeting with their chief Nasser al-Wuhayshi, in Yemen
An image taken on April 16, 2014 from a video released by Al-Malahem Media, the media arm of Al-Qaeda in the Arabian Peninsula (AQAP), allegedly shows AQAP jihadists arriving at a meeting with their chief Nasser al-Wuhayshi, in Yemen



Al-Qaeda is increasingly funding terror operations thanks to at least $125 million in ransom paid since 2008, largely by European governments to free western hostages, the New York Times reported.

The payments totalled $66 million in 2013 alone, according to an investigation by the newspaper published Tuesday.

https://sg.news.yahoo.com/european-ransoms-now-al-qaedas-major-funding-nytimes-092916114.html

Uighur group says nearly 100 casualties in China clash

File photo of Chinese police conducting an anti-terrorism drill in Hami, Xinjiang region, where rights groups and analysts accuse Beijing of cultural and religious repression against the mostly Muslim Uighur minority
File photo of Chinese police conducting an anti-terrorism drill in Hami, Xinjiang region, where rights groups and analysts accuse Beijing of cultural and religious repression against the mostly Muslim Uighur minority


A clash in Xinjiang, home to China's mostly Muslim Uighur minority, left nearly 100 people dead or wounded, an exile group said Wednesday after what authorities called a "terror attack" on a police station and township.

Dozens of civilians and assailants were killed and injured in the attack by a gang armed with knives and axes, Chinese state media reported late Tuesday.

https://sg.news.yahoo.com/dozens-killed-injured-terror-attack-chinas-xinjiang-143139326.html

Kazakh volleyballer Sabina Altynbekova becomes new Internet sensation

Với nhan sắc xinh đẹp hiếm có trong làng thể thao, Sabina Altynbekova đang trở thành 1 trong những cô gái được quan tâm nhiều nhất trên cộng đồng mạng thời gian qua
Với nhan sắc xinh đẹp hiếm có trong làng thể thao, Sabina Altynbekova đang trở thành 1 trong những cô gái được quan tâm nhiều nhất trên cộng đồng mạng thời gian qua


It took just a few days for Sabina Altynbekova, an under-19 female volleyball player from Kazakhstan, to hit stardom. After some performances during a youth tournament in Taipei last week, the attractive sportswoman has pocketed more than 200,000 subscribers in her Instagram account.

https://sg.sports.yahoo.com/photos/kazakh-volleyballer-sabina-altynbekova-becomes-new-internet-sensation-slideshow/

 

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