Chinese New Year Countdown Party 2012

Date : Time  22 January 2012, Sunday |10:00pm – 1:00am

Location Harmony Square@Rivervale Crescent (beside Chong Ghee Temple)

More info  Highlights:

1. Fireworks Display

2.Welcoming God of Fortune

3.Variety Show

4.Dragon & Lion Dance

5.Lucky Oranges Goodie bags etc (whilst stocks last)

 No administration fees.

Gunpla expo Singapore 2011

image

image

image

image

image

Some pictures of Gunpla event Singapore held @ Compass Point Sengkang to share!

‘Venice of Punggol’ opens

image

By Hoe Yeen Nie | Posted: 23 October 2011 2135 hrs 
http://www.channelnewsasia.com/stories/singaporelocalnews/view/1161310/1/.html 

The Punggol Waterway was finally opened on Sunday evening

SINGAPORE: It has been four years since Prime Minister Lee Hsien Loong sketched out his vision for Punggol, a sleepy suburb located in the northeastern part of Singapore.

It was an ambitious project to transform what some residents have described as a backwater town into a “Waterfront Town of the 21st Century”.

An earlier plan to remake Punggol had hit a bump, when the Asian Financial Crisis struck.

Built at a cost of S$225 million, the new waterway by the Housing and Development Board – described as the “Venice of Punggol” – was finally opened on Sunday evening.

Mr Lee, who was speaking at the opening of the Punggol Waterway, recounted how the waterway was originally conceived as a pipeline between Serangoon and Punggol reservoirs and credited former National Development Minister Mah Bow Tan for making the change.

The project cements Punggol’s claim as Singapore’s first eco-precinct, along with other green features incorporated into the town’s design.

The town, one of the biggest in Singapore, will house some 23,000 families by the end of the year.

In sprucing up old neighbourhoods, Mr Lee said the government will partner residents and the community in the effort.

Mr Lee said: “Every estate that we build will have its own unique identity, its own distinct landmarks and its own particular charm. Each estate will not just be a set of block of flats or precincts, but a home for Singaporeans, a community of residents, a place where friendships are made and memories are formed.”

In designing the waterway, memories of the area have also been preserved.

Alan Tan, Project Director, Waterway@Punggol, said: “For example at the Kelong bridge, we have some ideas of the poles and stilts, which are remnants of the fishing villages of the past in Punggol town. Also in the past, Punggol had a lot of mangroves, and now we’ve incorporated some mangroves into the eastern part of the waterway.”

The man-made river is expected to become the focal point of the new town.

Mr Lee also reiterated the government’s commitment to improve the amenities and conditions in older housing estates like Yishun and East Coast, even as newer ones get a facelift.

The government had announced in February this year that it will set aside S$10 billion over the next 10 years for upgrading projects.

– CNA/fa

 

The Smurfs comes to Punggol town!

image

image

image

Ex Radio DJ celebrates Singapore’s National Day with sequin art

image

image

As reviewed in the Business Times, Home & Decor, 8 Days and the Singapore Art Gallery Guide, Dazzle flashes open this week at the Alliance Française de Singapour with art works that shine with sequins. It is a time when we reflect most about many aspects of our country. Simon Lim, an ex radio DJ created a series of 30 art works of buildings of acrylic and sequins that reminds us of our heritage as well as those that forms our modern skyline. These works are accompanied with detailed historical facts of the buildings such as the Istana, the Esplande, Shaw House, Singapore Art Museum and St Andrew’s Cathedral. To bring a piece of Dazzle for your home, do drop by the exhibition by 17 August (closed by 5pm). Each piece cost estimated from SGD7000. This exhibition has welcomed guests such as Presidential hopeful Tan Kin Lian, Mrs Singapore United Nations Alicia Ng and actress Kimberly Chia. Here are some information and pictures of guests to share.

Home Sweet Home

image

image

image

image

image

image

image

image

Part of the Heritage Festival organised by The National Heritage Board, Sengkang held Home Sweet Home featuring many items surprisingly what we shared as the dearest memories. Remember toys like Teenage Mutant Ninja Turtles and GI Joe? There are many such as Monopoly, Master Mind and vintage card games, Happy Family and Donkey displayed in a olden house setting. Here are some pictures to share!

Punggol Racial and Religious Harmony Celebration

image

SINGAPORE: Residents at Punggol North celebrated racial and religious harmony with a street parade at Punggol Field.

Part of the Punggol Field road was closed on Sunday as residents brought celebrations to the streets.

This annual street parade allows residents from different races to learn more about different cultures and beliefs.

This year, some 3,300 people came together to put up a mass Cha Cha dance item in attempt to break a Guinness World Record.

Deputy Prime Minister Teo Chee Hean, who is the Memver of Paliament for Pasir Ris-Punggol GRC, outlined several upcoming developments in Punggol for the residents to enjoy – including Punggol Waterway and Punggol Promenade.

But he said beyond physical facilities, the most important thing is to build a community spirit and have the residents feel that Punggol is home.

Source: Channel News Asia

2011 General Elections – Housing with 30 years Mortgage Loan

2011 General Elections – Housing with 30 years Mortgage Loan

It is evident that we were often discourage by making our decisions, making our own mistake and learn from it. The agency are too concerned that we are a young nation and needs to be micro managed in a way to earn accolades and show the world they are doing a good job taking care of our basic housing needs and milking our money monthly to fund their investments. (Agency problem which i will discuss later in further details)

Let me quote HDB “Providing Affordable, Quality Homes.”
A layman is conditioned to think it is normal to take a 30years loan for affordable housing.
In addition, it also highlight that the quality housing is an asset with appreciating value.
Installments are deducted from CPF so little or no cash needed for servicing the loan repayment for the next 30 years.

What it did not state are the assumptions:
1. You must stay healthy for the next 30 years
2. You must have regular stream of income for the next 30 years (Deduction to go through from CPF)
3. Once you defaulted on your repayment we will confiscate and auctioned off your property

30 years is a long time. Ben Bernanke do not know what will happen to the US economy after QE2 comes to an end in June 30. Fund managers are fighting for their very existence everyday, trying to please investors and not upsetting the regulatory.
My point is no one knows what will happen tomorrow, let alone 30years.
Our Agency here did a fantastic job of forecasting. It seems to know what will happen in this 30 years.

A housing loan to HDB is like selling a 30 yr fixed coupon bond to every house owner with monthly coupon payments. Their underwriting costs are those deeply discounted land procure and the undisclosed low construction cost incurred.

Where we received floating (our salary) and pay fixed (mortgage loan) that expose us to the very
dynamics of global economy. In hindset, Singapore has always bounced back from a slowdown strong and fast. In this scenario, we will all benefit with higher pay and with same fixed obligation. Both party are happy on this trade.

However, to be realistic, lets flip the coin around and look at the downside.
In a recession, jobs are lost and no more cpf. We have to pay outright cash. In this scenario, HDB gains and I do not have to go further explaining who is losing out here.
Once you stop repaying your mortgages, assumption 3 will be triggered.

In my opinion, HDB should always fulfill its civic duty of providing affordable homes and not make indecent profit which brings to my next point on Principal-Agent problem.
Principal-agent problem is define as a conflict of interest between management and stakeholders.
In this instance, the management is HDB, seeking to make extremely high level of profit. And the agent is us the existing, would be and yearn to be house owners.

There are one point i would like to highlight to the agency. Singaporeans are smarter than you think. Yes you may have the advantage of withholding these asymmetrical informations (land and construction costs). One day truth will be told and lights will be shed.
So what is next for this agency to lock in profits quicker? Packing 30yrs fixed bond mortgage loan into some kind of products attached a ratings and sell to the banks? Does it sounds like CMOs( Collateralized Mortgage Obligation) and MBS(Mortgaged Backed securities)? The very toxic assets that causes the financial meltdown in 2008?

Capsule Carnival 2011

Event is held at Compass Point (Sengkang) from 8th to 20th March 2011.

Patrons of Compass Point shopping mall was welcomed with the Capsule Carnival by Ban Dai featuring over 350 capsule vending stand. Each vending stands contains a toy and collectable of its own such as Gundam, Hello Kitty and Ben10.  The area is also plotted with showcases, a huge vending stand and comic figures at life size, perfect for families with children and comic enthusiast to come for and even pass by the event.

 

 

Universal Studios Singapore @ Resorts World Sentosa Event by Punggol East Residential Centres

 20 Feb 2011

Guest of Honour: Mr Michael Palmer

http://www.facebook.com/profile.php?id=100001931097333&sk=wall#!/photo.php?fbid=110378285703207&set=a.109351665805869.14063.100001931097333

Gundam Fiesta 2010 Singapore in Sengkang Compasspoint

1 – 13 September 2010

The return of Gundam Fiesta features for the first time a Giant Battle Diorama and Giant 1:1 Gundam Hand. This is probably the largest Gundam based exhibition in Singapore, held in Sengkang! Well, I realised many are finding for more information about this event.. so here are some recommended links: 

http://www.gundam-singapore.com/ 

Gundam Fiesta Singapore 2009机动战士新加坡嘉年华2009

Youth Olympic Games Torch Relay through Punggol

It is (presumably) once in a lifetime that the Olympic games is hosted in Singapore and the torch can pass by our neighborhood, Punggol! There are flags of Singapore and Youth Olympic Games at the place so familiar to our eyes, by the greenest bushes and colourful void decks.

Photos from Rivervale Community Centre facebook site: http://www.facebook.com/home.php?#!/group.php?gid=67966176054&ref=ts

Singapore 2010, Journey of Youth Olympic Flame at Punggol (10 August)

Singapore Leg Of The Journey Of The Youth Olympic Flame: Nation invited to celebrate the final countdown to the world’s first Youth Olympic Games 

Media Release of Jouney of The Youth Olympic Flame: 07 Jul 2010 http://www.singapore2010.sg/public/sg2010/en/en_news/en_jyof_news/en_20100707_singapore_leg_of_the_jyof_nation_invited_to_celebrate_the_final_countdown_to_the_world_1st_yog.html 

In the final countdown to the world’s first Youth Olympic Games (YOG) hosted by Singapore, residents and visitors are invited to cheer the torchbearers on and join in the celebrations of the Singapore leg of the Journey of the Youth Olympic Flame (JYOF) over a six-day torch relay. At this once-in-a-lifetime event, the Olympic torch relay will make its way around the country, passing through residential areas, going by offices and schools near you before the Singapore 2010 Youth Olympic Games (Singapore 2010) officially starts on 14 August 2010.     The Singapore Youth Olympic Games Organising Committee (SYOGOC) today announces the route for Singapore’s largest- and longest-ever torch relay: 2,400 torchbearers will cover a whopping distance of 305 kilometres – equivalent to travelling the entire length of the island six times.   With torchbearers from all walks of life taking part in the relay, some 300,000 people are expected to line the streets and cheer on their friends, family members and fellow Singaporeans as they make history by being the maiden torchbearers of the Youth Olympic Flame.     To ensure that everyone in Singapore has the opportunity to be a part of this Olympic torch relay experience, the Singapore leg of the Journey of the Youth Olympic Flame will be held from 7 to 13 August (with a break on 9 August), passing through housing estates, parks, schools, historic sites, places of interests and Singapore’s financial and civic districts.     The torch relay route will kick off in the northern part of the Central Singapore district. The Youth Olympic Flame will then journey in an anti-clockwise direction from South East district to North East, North West, South West and eventually, the southern part of Central Singapore. The areas that the torch relay will cover are as follow:
 

Relay Date    Date
   
District
   
Areas Covered
   
1 7th Aug (Sat) Central Singapore (Northern part) Bishan, Toa Payoh, Ang Mo Kio
2 8th Aug (Sun) South East Potong Pasir, Serangoon, Paya Lebar, Bedok, Eunos, Joo Chiat, Marine Parade, Simei
3 10th Aug (Tues) North East Punggol, Sengkang, Hougang, Pasir Ris, Tampines
4 11th Aug (Wed) North West Bukit Timah, Holland, Bukit Panjang, Yishun, Sembawang, Woodlands
5 12th Aug (Thurs) South West Jurong, Boon Lay, Bukit Batok, Choa Chu Kang, West Coast, Clementi, Dover, Buona Vista
6 13th Aug (Fri) Central Singapore (Southern part) Jalan Besar, Arts District (Victoria Street, North Bridge Road), Chinatown, Tiong Bahru, Telok Blangah, Bukit Merah, Orchard, Rochor, Bras Basah, City Hall, Marina Bay
From the corners of the heartlands to the city centre, Singaporeans can look forward to a line-up of highlights along the route to boost the excitement for the people cheering the Flame. In another first, a torchbearer carrying the Youth Olympic Flame will go on the Sentosa’s Megazip flying fox and whizz down over a jungle canopy from a height of 72 metres above sea level.    Other highlights include a run through the nation’s popular tourist attractions including the award-winning Singapore Zoo and the well-loved Singapore Botanical Gardens. More details of the JYOF torch relay route can be found on www.singapore2010.sg/jyof.    To turn the novelty factor up a notch, Singaporeans will also get to witness the Youth Olympic Flame being transported in unusual ways by torchbearers such as on a bicycle and dragon boat. In the pipeline for the torch relay is a leg adopted by the PUB, Singapore’s national water agency, that will involve the Youth Olympic Flame crossing the water of Marina Reservoir from the Merlion Park to the pier in front of Singapore’s latest integrated resort – the Marina Bay Sands, which is also the official Main Media Centre of Singapore 2010.    For those who are unable to catch the action of the torch relay in person, the movement of the Youth Olympic Flame around Singapore can be tracked “live” online at the above website during the torch relay.In addition to the en-route highlights, SYOGOC has partnered five institutions to organise a Community Celebration on every night of the relay. Members of the public are invited to join in the festivities at a different location each evening, to party with thousands of others in celebration of the Journey of the Youth Olympic Flame around Singapore and welcome the world’s first Youth Olympic Games. The list of schools and institutions partnering SYOGOC in the Singapore leg of the JYOF has been announced last week. Singapore’s Cabinet Ministers will also join in to celebrate the start and completion of each day’s torch relay – please see Appendix 1.Mr Goh Kee Nguan, Chief Executive Officer of SYOGOC, said, “The Journey of the Youth Olympic Flame is an event for every person in Singapore. Whether you are a torchbearer bearing the Flame, a friend or a neighbour cheering on from the side, a student or teacher in a school hosting the torchbearers or a participant soaking in the festivities at the Community Celebrations; we invite and welcome you. We hope to see everyone in Singapore – be it Singaporeans, residents or international visitors – join in and celebrate the Singapore 2010 Youth Olympic Games.”About Singapore 2010 – Blazing the TrailSingapore will be hosting the inaugural Youth Olympic Games (YOG) from 14 to 26 August 2010. The Singapore 2010 Youth Olympic Games will receive some 5,000 athletes and officials from the 205 National Olympic Committees (NOCs), along with estimated 1,200 media representatives, 20,000 local and international volunteers, and 320,000 spectators. Young athletes – aged between 14 and 18 years – will compete in 26 sports and take part in Culture and Education Programme.The Singapore 2010 Youth Olympic Games aims to inspire youth around the world to embrace, embody and express the Olympic values of Excellence, Friendship and Respect. It will create a lasting sports, culture and education legacy for Singapore and youths from around the world, as well as enhance and elevate the sporting culture locally and regionally.For more information, please visit www.singapore2010.sg   

The Punggol North Racial Religious Harmony Street Parade 2010

SUNDAY 18 July 2010

16:00 – 22:00

Organised by Punggol Oasis Residents’Committee

VENUE: MSCP Block 175 Facing Punggol Field

There will be performances by students from the neighbouring schools & lots of games for the young & old. There will be games such as Wii Game, Reversed Bungee Jump, F1 Stimulator, etc.

Free foods from different cultures like peking chicken, curry puffs, laksa & many others will b…e served. Not forgetting cultural quizzes with vouchers to be won.

Take this opportunity to interact & mingle around with the other Punggol residents!

Pasir Ris-Punggol GRC Racial Harmony Celebrations

Date:
Saturday, 24 July 2010
Time:
09:00 – 12:30
Location:
Open Field opposite White Sands Shopping Mall, Pasir Ris Central St 3

Description

In conjunction with the PA 50 Anniversary Roadshow

Themed; “Unity Through Sports”

Guest-of-Honour:
Mr Teo Chee Hean
Deputy Prime Minister, Minister for Defence,
Member of Parliament for Pasir Ris-Punggol GRC,
Adviser to Pasir Ris-Punggol GROs

Highlights are:
– Stage performances & games
– Sports Games Stalls
– Try your hands at unique sports
– Snacks from the various races
– Goodie Bag, Lucky Draw and many more!

Photo Competition, “My Friend & I” -> to join, simply partake this photogenic contest with a friend from another ethnic group!

Tickets are at $3, available for purchase at all CCs and RCs in Pasir Ris-Punggol GRC!

Punggol East International Friendship Day 2010

Date:
Saturday, 17 July 2010
Time:
18:30 – 22:30
Location:
Harmony Square, Rivervale Crescent

Description

In conjunction with Rivervale Youth Festival Celebration, we are organising this special event for all youths!

There’ll be Fireworks, Campfire, Games & Lucky Draw (Stand a chance to win 1st Prize of Notebook!)..

Meet new friends & your gather old ones!

Don’t miss it! Get your Tickets at $1 apiece. For more info contact Rivervale CC at 63120470 (operating daily from 2pm – 10pm except on PH).

Guest of Honour:
Mr Michael Palmer
MP for Pasir Ris-Punggol GRC
Adviser to Pasir Ris-Punggol GROs