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  Hero pulls man out of burning car on BKE just before it explodes
Posted by: pianist - 05-01-2014, 09:14 AM - Forum: Others - Replies (4)

commendable effort by a self-employed mr. lim. he deserved to be mentioned.

http://ride.asiaone.com/news/general/sto...t-explodes

SINGAPORE - An accident on the Bukit Timah Expressway (BKE) on Friday afternoon left a couple injured and their car on fire.

Thankfully, both the driver and passenger were pulled to safety by two motorists before the car exploded into flames, reported the Shin Min Daily News.

According to the Chinese evening daily on Saturday, the incident occurred at about 1.20pm.

Mr Yang, 44, a truck driver, told the paper that he had stopped his lorry by the side of the road as he suspected a tyre had burst. But seconds later, a blue sedan rammed into the rear of the lorry and spun 180 degrees, hitting another car before stopping next to the lorry. Flames started to shoot out of the car bonnet.

Motorist Mr Lim, 53, who is self-employed, also stopped his car by the side of the road to help.

"I saw that the driver was unconscious and the woman was frightened and pale," said Mr Yang, speaking to the reporter in Chinese. The car door was damaged from the impact and could not be opened.

Mr Yang then took a hammer and broke the window on the passenger side to rescue the woman. "She asked how her husband was after I pulled her to safety," said Mr Yang.

Mr Yang and Mr Lim then tried to help the driver out of the burning car.

"We helped to release the driver's seatbelt, but could not open the door as it was wedged against the lorry," said Mr Yang.

A TNP photojournalist who was on the scene after passing by the accident suggested that they try to pull the driver out from the rear passenger door.

The two men eventually managed to pull the driver out from the front seat, and photos showed Mr Lim dragging him to safety by the side of the road. The driver regained consciousness soon after.

According to the Shin Min Daily News, barely a minute after the driver was rescued, there was an explosion and the entire car was engulfed in flames.

SCDF confirmed the accident with AsiaOne. Here is SCDF's statement:

SCDF received a call at around 1.20pm.

SCDF was alerted to a car fire, resulting from a road traffic accident involving a car and a truck at BKE towards PIE before the Bukit Panjang exit.

Fire was extinguished by SCDF using 1 hosereeel.

2 persons, 1 male Chinese in his 20s and 1 female Chinese in her 20s sustained injuries and were conveyed to NUH in conscious states.

The male Chinese complained of left knee, left elbow pains, and chest pains.

The female Chinese complained of right elbow pain and sustained abrasions.

candicec@sph.com.sg
maryanns@sph.com.sg
- See more at: http://ride.asiaone.com/news/general/sto...paqsP.dpuf

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  Hong Kong tourist dies five days after metal archway fell on him
Posted by: pianist - 02-01-2014, 11:19 PM - Forum: Others - No Replies

Thursday, January 2, 2014 - 07:30
Chai Hung Yin
The New Paper

SINGAPORE - He was here on a holiday with friends when he ended up at the wrong place at the wrong time.

Hong Kong tourist Andy Chui Chun Hin, 34, became the victim of a freak accident that cost him his life.

A coroner's inquiry into the death of the bank manager on Monday was told that a group of tourists were walking to the Singapore Flyer at the time.

Mr Chui trailed the group as he was taking photographs of the area.

Then a marquee structure that was part of a fashion festival toppled and landed on Mr Chui, causing him to suffer severe brain damage and fractures to his skull, pelvis and ribs.

He was certified brain dead and taken off life support five days later.

The coroner's court heard that Mr Chui arrived in Singapore with 12 friends and their families on May 15 this year.

The next morning, they took a shuttle bus at 8.45am from Resorts World Sentosa to Marina Bay Sands. They were staying at Hotel Michael.

They then walked to the Singapore Flyer, where they planned to board a chartered bus to go to Legoland in Johor, Malaysia.

They were on Raffles Avenue towards the junction of Temasek Avenue and Raffles Avenue at 9.56am when tragedy struck.

Mr Chui's friends heard a loud sound and a scream from behind them. They turned around and saw Mr Chui beneath the marquee structure, with only his legs sticking out.

A woman driving along Temasek Avenue had seen the structure topple and hit Mr Chui. No one else was nearby.

Mr Chui's friends and passers-by lifted the structure and pulled him out.

His eyes were closed and he was bleeding from his nose, mouth and the back of his head, the court heard.

One of his friends, nurse Wong Wai Ching from Hong Kong, checked his pulse and found it weak. She then performed chest compressions on him.

EMERGENCY SURGERY

Someone called the police and a private ambulance arrived soon after, followed by an ambulance from the Singapore Civil Defence Force.

Mr Chui was taken to the Singapore General Hospital, where he underwent emergency surgery to stabilise fractures at his pelvic area. He also underwent a major blood transfusion.

But his brain injuries were too severe and a test on May 20 showed that he was brain dead.

He was taken off life support the next day and died at 2.05pm.

His parents and younger brother were in court during Monday's inquest.

His mother, Madam Leong Po Chui, 66, was heartbroken when he had to be taken off life support.

She told The New Paper in Cantonese: "I was suffering. I cried and cried until I almost went blind."

The retiree said she is still seeing a psychiatrist as she was traumatised by what happened to her son.

She described Mr Chui, who had a girlfriend, as someone who was hardworking.

"He was a filial son. He would give us monthly allowance. He was also studying part-time while working," Madam Leong said.

"Just when he was finally seeing the light and getting a big break in his career, this happened. We have lost someone we could depend on."

The police had ruled out foul play.

State Coroner Imran Abdul Hamid found that Mr Chui had died from multiple injuries.

He also found that the structure was unstable and that it had not been submitted for endorsement by a professional engineer.

He left it to the State to take the necessary action.

MARQUEE STRUCTURE UNSTABLE, NOT ENDORSED

The marquee structure that toppled on Mr Andy Chui Chun Hin, 34, was found to be unstable, an inquest into his death found on Monday.

It was also not endorsed by a professional engineer - a requirement under the law.

The coroner's court heard that the 5m-high marquee structure was erected at Raffles Avenue, near the junction of Raffles Avenue and Temasek Avenue.

The aluminium frame had plywood signboards displaying an advertisement for the Audi Fashion Festival, held at the Formula One Singapore Grand Prix Pit Area from May 15 to 19.

Event organiser Mercury Event had engaged Lian Yick Metal Tents to construct five structures - three tentages, a raised platform for catwalks and one cable crossing.

Mr Lee Chow Khoon, the principal structural engineer of Watt Engineering Consultants, endorsed the design drawings of the structures and was satisfied they were safe after an on-site stability inspection.

UNAWARE

But he was unaware of a sixth structure being built and no approval was sought from him.

Mr Lee testified on Monday: "If they had informed me from the onset that they were going to erect another structure, I would have assisted them."

Investigations showed that just before the festival, Mercury Event had instructed Lian Yick to construct the marquee structure that later toppled.

Plywood signboards featuring advertisements for the fashion festival were attached to the structure by another company, Right-Space.

Mercury Event managing director Jeremy Tan Yew Heng said the Singapore Tourism Board had approached his company to organise the fashion festival.

Asked by State Coroner Imran Abdul Hamid whether the illegal structure was erected at the last minute, he said there was meant to be six structures.

"During the event set-up, they forgot one structure," he said.

When Deputy Public Prosecutor Tan Soo Tet asked him whether separate endorsements were needed, he said:

"I didn't know whether there were two professional engineer endorsements but to me, they are the same structure."

To which Mr Imran said: "Same but different."

A report by the Meteorological Services Singapore showed the surface wind at the location on May 16 as 5kmh to 25kmh and wind gusting of 45kmh. There was rain the night before and heavy rain between 5am and 5.50am.

A structural stability analysis showed that the wind gusting of 45kmh could have produced a force more than eight times what the structure could take before toppling.

The report concluded that the combination of windy conditions and unstable structure with inappropriate installation could have caused it to fall.

BCA: WE ARE INVESTIGATING

The Building & Construction Authority (BCA) is investigating the events leading up to the May 16 incident for any contravention of the Building Control (Temporary Buildings) Regulations.

A BCA spokesman told The New Paper that it will not hesitate to take action against any errant party.

She said: "The erection of any temporary building/structure which may affect the safety of the public requires a Temporary Building Permit, unless it is explicitly exempted in the regulations.

"The applicant of the permit is required to engage a Professional Engineer to design, supervise and inspect the erection of such a temporary building/ structure."

Those who contravene the regulations can be fined up to $5,000, jailed up to six months, or both.

Audi Fashion Festival 2013's event organiser Mercury Marketing and Communications and title sponsor Audi declined to comment, citing police investigations

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  The Sail condo rents out parking lots for $480 a month
Posted by: pianist - 02-01-2014, 11:09 PM - Forum: Others - Replies (13)

Singapore's tallest residential skys****er, The Sail @ Marina Bay, has a solution to the Central Business District's (CBD) parking woes.

Located at Marina Bay, the luxury property with more than 1,000 residential units also offers parking spaces to non residents.

These lots, which cost about $480 a month, are coveted, especially by those working at the Marina Bay Financial Centre (MBFC) nearby.

The management of The Sail said there are 709 parking spaces, including five handicap lots, but declined to provide a breakdown of resident and non resident lots.

- See more at: http://business.asiaone.com/property/new...-480-month

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  2 bodies found in separate cases along the Singapore River and Kallang River
Posted by: pianist - 02-01-2014, 10:55 PM - Forum: Others - Replies (1)

what a way to start new year in sg?

Lim Yan Liang And Hoe Pei Shan
The Straits Times, AsiaOne

Thursday, Jan 02, 2014


The Singapore Civil Defence Force said it received a call at about 4pm and manually the retrieved the body, which is that of man in his 50s or 60s, using rescue lines. He was pronounced dead at the scene and was clad in a short-sleeved shirt and a pair of bermuda shorts.


Get the full story from The Straits Times.

Police confirmed the cases with AsiaOne. Here are statements from the police regarding bodies found at the 2 respective locations.

Body found at Singapore River

Police received a call today at about 3.51pm requesting for assistance at a river along Upper Circular Road.

Upon police's arrival, a man, in his 60s, was found motionless at the said location.

He was pronounced dead by paramedics at scene. Police are investigating the unnatural death.

Body found at Kallang River

Police received a call today at about 3.46pm, requesting for assistance at a river along Nicoll Highway near Golden Mile.

Upon police's arrival, a man was found motionless at the said location.

He was pronounced dead by paramedics at scene. Police are investigating the unnatural death.

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  Girl, 15, stuck in toddler's body
Posted by: pianist - 31-12-2013, 10:20 PM - Forum: Others - Replies (1)

http://yourhealth.asiaone.com/content/ne...dlers-body

Tuesday, Dec 31, 2013
The New Paper
By Maureen Koh

SINGAPORE - As Pei Shan begins to sing You Are My Sunshine, everyone in the hotel room is captivated by her small, scratchy voice that is filled with so much happiness.

Life is better for this little miracle - a 15-year-old girl trapped in a baby's body, with baby fat still present on her limbs.

In the hour-long interview at the Singapore Marriott Hotel, Mr Teo Qi Kuang tells The New Paper on Sunday: "We are really grateful for all the offers of help, kind words, encouragement and support that we have been getting after Pei Shan's story was published."

We first ran an interview with Mr Teo, 54, and his wife, Madam Florence Chew, 44, in July.

Then, they had shared their love for their tiny, teenage miracle who, because of her rare medical condition, cannot walk or breathe on her own.

Pei Shan has come close to dying many times. Her rare illness has also taken its toll on the family's finances.

Madam Chew gave up her job as a bank clerk to become Pei Shan's full-time caregiver when the girl was nine months old. Her father was made a bankrupt.

But to her parents, she is the most precious person in the world.

Till today, doctors have yet to diagnose Pei Shan's exact medical condition.

Right now, her medical record reads: "Mucopolysaccharidosis Type III (MPS III)?"


MPS III is a progressive disorder that mainly affects the brain and spinal cord (central nervous system).

Sufferers generally do not display any features of the condition at birth, but they begin to show signs and symptoms of the disorder during early childhood.

Affected children often initially have delayed speech and behaviour problems.

"But even visiting professors and doctors (from overseas) have told us that Pei Shan's case does not quite seem like it too," says Madam Chew.

The name no longer matters. Mr Teo says: "Whatever it is, we just know it's like a blood disorder."

When Mr Teo Qi Kuang and his wife Florence Chew were expecting their first child, they were like any other couple.

"We prepared for our baby's arrival with so much enthusiasm. We wanted only the best for her," Madam Chew, 44, recounts in an interview with The New Paper on Sunday in her four-room flat in Bukit Panjang.

"I pored over books for information and even bought a journal, all ready to chart our little one's developmental milestones. I even made plans to enrol her in baby shows."

The housewife smiles wryly, then says: "But the recordings stopped three months into my daughter's life."


Pei Shan was first hospitalised when she was four months old. She displayed signs of stridor, a high-pitched wheezing symptom that occurs as the opening between vocal chords becomes narrower.

Madam Chew recalls: "That was when doctors noticed that her limbs were shorter than that of a normal baby of her age. We were advised to monitor her condition as the physical growth of girls can sometimes be slower." That was the start of the couple's journey of pain.

Mr Teo, 54, a cabby, says: "One (health) condition after another followed. Each time we thought we'd overcome one hurdle, another blow would hit us and we would have to go through the roller-coaster ride of suffering and emotions. It does not seem to end."

Pei Shan is home-schooled. Her mental growth has been remarkable. She is mature and knows how to please her loved ones.

A keen learner, she plays the keyboard and loves to draw.

A watercolour piece that she did made it to the front cover of Club Rainbow's commemorative hardcover book, Colour of Life, Celebrating 20 Years of Club Rainbow, last year.

Pei Shan communicates mostly in English, but she can also speak Mandarin and Teochew.


Readers moved by the plight

And our readers were clearly moved by the resilience, courage and love that this family of three shared.

There was an outpouring of pledges to help ease the family's finances, among gifts of love and support.

Indeed, even the family's current weeklong hotel staycation was sponsored by two separate generous donors, and Pei Shan's three aunties.

Mr Teo says: "Pei Shan's condition does not allow her to go for long outings or travel overseas. So a hotel stay is a treat."

She usually gets a hotel staycation once a year - sponsored by Mr Teo's sisters - in August, when she celebrates her birthday.

But since her story was published, generous sponsors have stepped up to give her other treats, like this hotel stay.

Pei Shan, he says, was so excited the morning they were due to check in to the hotel, she woke up and kept "singing and dancing, 'I am so happy, I am going to the hotel'."

Mr Teo says: "Life did change after the report was published. We're not that stressed financially now, with the help that has come from the public."

The donations have helped ease the family's strain even as they continue to depend on the financial assistance from KK Women's and Children's Hospital's medical social welfare.

Mr Teo admits that it feels better that they can afford to shower Pei Shan with more treats now.

"Not like last time (when it was) so tight," he says with a small smile.

He also appreciates that he can take sometime off from driving his London cab.

"I used to worry that we still have to pay the daily rental - $130 to $135 - and making sure that I do enough rounds to cover it. Now, I get to spend more time with Pei Shan without having to worry too much," he says.


Gawking strangers turn into well-wishers

The publicity has also turned gawking strangers into well-wishers.

Going out with Pei Shan wasn't easy initially. Madam Chew relates her earlier experiences: "They'd say, 'Wah so pitiful' and I'd boil (with anger), some parents would pull their children away instantly, like my daughter is a freak, and that makes me fed up too.

"I used to get very angry but her papa would advise me not to allow them to affect me."

Today, it's a different story.

"When we go for a walk, people will come up and say hello... And even when we are at KKH, we will meet new friends who share encouraging words and support," says Madam Chew.

Mr Teo's wish for 2014 sounds simple even as it belies difficulty: "That both of us will continue to have that kind of courage and inspiration to take care of Pei Shan.

"Her condition is not the kind where we can get someone else to look after her, she needs our attention every minute, 24 hours a day."

For her and her parents' efforts, Pei Shan has been nominated for the Singapore Health Inspirational Patient & Caregiver Award.

The award, presented next March, recognises patients and caregivers who have shown strength and resilience in the face of illness.

Fighting back tears, Mr Teo says: "Anyone who knows Pei Shan's story and finds that they can learn from her - that is good because it helps them.

"There are people who have come up to us to ask how we manage to cope'."

His reply: "All you have to do is just love your child 100 per cent, accept her and give all your love to her. If you can do that, your child will be very happy."

Mr Teo wants to take this chance to thank his wife, saying: "She has done a great job. It's very tiring, but she still carries on, day after day, every minute, 24 hours, and she does it all without any complaint. She has also given 100 per cent for Pei Shan."

Madam Chew is touched by the declaration, but she says: "Without Papa, I cannot do as much as I have with Pei Shan. He is our strength.

"Whether it is the award or even just Pei Shan's story, if people look at her and can be inspired to live better, and they realise that they are actually more fortunate than Pei Shan, that is good enough."

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  4.3 bln MCE was a mess on 1st working day for motorists
Posted by: pianist - 31-12-2013, 10:02 PM - Forum: Others - Replies (11)

sometimes wondering, why need the mce? it is not as if sg is made up of 2 separate islands.

Traffic on the newly-opened Marina Coastal Expressway (MCE) might have been fairly smooth on Sunday when it opened to the public, but it was a different story on Monday.

Travel was slow on several segments of the MCE and surrounding roads. Some motorists said they were stuck on the $4.3 billion expressway for nearly an hour, while some commuters were fuming over having to pay higher than usual taxi fares because they were stuck in jams linked to the expressway.

Common reasons cited for the slow traffic included unfamiliarity with how the MCE connects with other roads and expressways, as well as road signs that were not clear enough.

Some motorists noted that even though there were traffic wardens deployed to help direct people, this only slowed traffic more as motorists stopped to ask for directions.

Adrian Lim | MyPaper | Tuesday, Dec 31, 2013 SINGAPORE - A drive that normally takes 20 minutes turned into a three-hour crawl. A taxi ride that usually costs $16 ended up with a painful $60 payout. With bottlenecks clogging the Marina Coastal Expressway's (MCE's) entrances and exits and a handful of accidents slowing traffic further along the way, MCE's second day of operation saw many motorists fuming. Many were late for work. The $4.3-billion MCE links the Ayer Rajah Expressway (AYE) in the west, to the East Coast Parkway (ECP) and Kallang-Paya Lebar Expressway (KPE) in the east and is Singapore's costliest expressway to date, with five lanes in both directions. Mr Ivan Toh, 38, said he takes around 20 minutes to drive from Commonwealth to his wife's office at Suntec City, but yesterday morning's trip took close to three hours. Traffic ground to a crawl after he exited the MCE to get onto Central Boulevard, he said. "It was a chokepoint, because you also have vehicles coming from the east funnelling into that exit. We spent more than two hours on a stretch of around 3km," added the engineer. Civil servant Grace Chiang, 29, drove two hours to reach Sentosa from Marine Parade, a journey which she said typically takes 20 minutes. Another said that she had to pay a taxi fare of $60 for a jouney that usually costs $16, because she was caught in traffic. To improve traffic circulation in the road network adjoining the MCE, the Land Transport Authority (LTA) said yesterday that a short stretch of Central Boulevard will be immediately converted from two lanes to four lanes.
- See more at: http://ride.asiaone.com/news/general/sto...mnPfc.dpuf

More temporary signs at key approaches will be put up to alert motorists to the road-network changes and traffic wardens will continue to be deployed, LTA added. Other drivers whom MyPaper spoke to complained about the severe tailback caused by a bottleneck at the Fort Road exit. Lawyer Mark Quek, 30, said: "There were just two lanes... That's not enough release of the traffic (from the expressway)." Transport expert Lee Der Horng from the National University of Singapore said the Rochor Road exit on the ECP is a popular one, but as motorists are unable to access that route now, they will likely use the Fort Road exit instead. Dr Lee said two lanes at that exit may be "insufficient" to meet the traffic demand, but added that travel patterns over time may show otherwise. Noting that there could have been more publicity to educate drivers about the road changes, he pointed out that there is a "sharp left turn" that needs to be carefully negotiated for those travelling from the ECP onto the MCE. Ms Chiang is not too optimistic about the traffic situation on the MCE in the week ahead. She said: "Schools will re-open soon and roads will be more congested. Hopefully, it's a teething problem and the situation will improve when people are more familiar." If there was a silver lining to yesterday's congestion, Mr Toh said he saved on Electronic Road Pricing (ERP) charges because by the time he reached one of the gantries, it was after the peak hour. However, senior manager Tan Wee Shiong, 40, ended up paying $9.50 in ERP charges yesterday for his trip from Bedok to Lower Delta Road, due to the confusion. adrianl@sph.com.sg

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  Active verses passive income from an income tax perspective
Posted by: gautam - 31-12-2013, 10:13 AM - Forum: Others - Replies (26)

http://www.todayonline.com/singapore/doc...ax-evasion


We read in the newspapers every now and then about high earning professionals, like doctors and lawyers, and business owners who earn a high income, under declaring their income in order to pay less tax.

Compare and contrast that with income earned from dividends from investments.

Active income
1) its actually trading active time from waking hours for money. it is harder to earn usually.
2) there is usually a limit as to how much money one can make with his time available
3) it is taxable. part of this hard earned money goes to the government.

Passive income
1) it is usually easy to earn, since it is passive. The cheques comes in every now and then.
2) taxed already at company level. So no need to pay further tax.
3) no limit as to how much one can make.
4) no need to trade time for money.


With the above considerations, sometimes I can understand why even highly educated people go on the wrong side of the law. Its human nature to "protect" their hard earned money, money earned through their blood sweat and tears. Alas its a wrong thing to do.

any forummers have any comments or any other thing to add?

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  Pasir Ris' Ripple Bay is most popular condo in 2013
Posted by: pianist - 30-12-2013, 11:29 PM - Forum: Others - No Replies

Monday, Dec 30, 2013
AsiaOne

SINGAPORE - Sea front condominium Ripple Bay (Pasir Ris) was the most popular condominium for potential buyers in 2013, STClassifieds has revealed.

The online classifieds provider said in its yearly review that Ripple Bay garnered the most page views among all condominiums, with a total of 32,462 views on the STProperty site this year.

This is followed by Waterbay, an Executive Condo in Punggol with 26,241 page views. Urban Vista is at third place with 24,852 page views. Sentosa Cove and River Isles are at fourth and fifth with 19,729 and 15,264 page views respectively.

1) Ripple Bay Pasir Ris
2) Waterbay Punggol
3) Urban Vista
4) Sentosa Cove
5) River Isles
1) TwentyOne Angullia Park
2) Skyline @ Orchard Boulevard
3) The Marq @ Paterson Hill
1) Woodlands
2) Choa Chu Kang
3) Pasir Ris
4) Sembawang
5) Bukit Panjang
1) Woodlands
2) Jurong West
3) Bedok
4) Tampines
5) Ang Mo Kio
.
Most luxurious condo

Averaging at $5,181 per square feet, Twentyone Angullia Park tops the list as Singapore's fanciest and priciest condominium. At its lowest, the condominium had an average selling price of $4,704 psf. The highest average selling price for the condominium was $5,330 psf.

Second most expensive this year was Skyline @ Orchard Boulevard, with an average psf price of $4,230. The Marq at Paterson Hill was also pricey, averaging at $4,046 psf this year. This is double the average selling price of other condominiums in the same district and much higher than some neighbouring condominium developments.

Top 5 most affordable HDB estates

Woodlands and Choa Chu Kang emerged as the most affordable HDB estates, averaging at $389 and $397 psf respectively. Pasir Ris took third place at $409 psf, while Sembawang and Bukit Panjang came in fourth anf fifth at $414 psf and $416 psf.

Most popular HDB types

From January to September this year, potential buyers looked mostly for 4-room HDB flats. Some 4,950 units sold, according to STProperty. This accounts for 37.42 per cent of all HDB types sold. A total of 4,035 3-room units were sold, accounting for 30.5 per cent of all flats sold. Third in demand were 5-room HDB units, with 2,945 units sold within the same period.

Top 5 most viewed HDB estates

Woodlands being the most affordable estate at $389 psf was also the most viewed estate on STProperty this year, with a total of 28,242 page views garnered.

Jurong West was a close second with 28,121 page views while the Bedok estate drew 27,265 page views. The estates of Tampines and Ang Mo Kio with 26,737 and 24,554 views each.

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  Dividend Warrior: I collected $14,370 in dividends in 2013, portfolio now $200K
Posted by: pianist - 30-12-2013, 10:37 PM - Forum: Others - Replies (3)

dw sir, help u sell some koyo, happy new year..maybe we can start a new thread - who collected more or less dividends than what our sir did in 2013?

http://www.nextinsight.net/index.php/sto...ds-in-2013

2013 was a rather eventful year. The US fiscal cliff shenanigans at the start of the year, followed by QE taper fears, US debt ceiling fight and ending with a spectacular crash of the local penny stocks market.

Through it all, I am proud to say my portfolio and my dividend income stream continue to grow.

In fact, I managed to celebrate my 30th birthday by achieving the goal of collecting S$1k per month in dividends. Better still, I surpassed that goal!

Let's take a final look at how my Singapore Dividend Portfolio has performed in 2013.

>> My portfolio size in terms of cost/capital has increased from S$163,794 to almost S$200k now. This represents a 22.1% rise.

>> I collected a total of S$14,370 dividends in 2013 compared to S$8,968 in 2012. This represents a 59.6% rise.

>> My portfolio's current dividend yield remains healthy at 7.1%, compared to 6.8% in 2012.

2014 - Buying Opportunities!


div_warrior_2014 ** I have divested HPH Trust and Sabana REIT. Added Mapletree Logistics Trust and ST Engineering. The total dividend is an estimated figure based on 2013 numbers. There is NO guarantee the companies will maintain the dividends next year. The special dividend payout due to the SPH REIT spin-off is not included in the calculation. Even though my passive dividend income is already sufficient to pay for all my daily expenses and bills, I am not resting on my laurels.

I believe that 2014 will be the year when the compounding effect on my portfolio will shine through.

It will be the year when my dividend compounding strategy kicks into high gear. My regular readers should understand what I mean.

However, those of you who are new to my blog may be wondering, "Is DW thinking straight? Is he blinded by yield? The Fed is starting QE taper soon! Interest rates will rise! REITs and dividend stocks will go out of favour! Why is he still buying dividend stocks?"



The answer is simple. I am currently in the accumulation phase of my investing life.

In other words, I am a net buyer of stocks. Therefore, I wish to see prices weaken so that I can keep growing my portfolio.

Of course, there are risks. But I have faith in my strategy and it has served me well over the past 4 years.

I just need to be more selective when adding counters. My new dividend income target for 2014 shall be S$1.2k per month.

In 2014, I shall be collecting dividends for every month, except July and October. Mini-bonuses almost every month! Rejoice!

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  3D printing
Posted by: kagemusha - 26-12-2013, 04:28 PM - Forum: Others - Replies (1)

Hi VBs,

Has anyone tried their hands on 3D printing yet?
I am looking for a 3D printer and wondering if anyone has used one before or one to recommend.

Thanks in advance.

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