Daily Briefing: Risk of Ebola spreading to Singapore is low; Eight bids for Choa Chung Kang Drive EC receives

And seniors urged to spend Lease Buyback proceeds wisely.

The risk of the Ebola virus spreading to Singapore is low because of limited travel connectivity between here and West Africa, says the Ministry of Health. View more here.

The tender for an Executive Condominium (EC) land parcel at Choa Chu Kang Drive received eight bids, with Sim Lian Land submitting the highest tender price of $207.4 million. View more here.

Although the new Lease Buyback Scheme (LBS) provides more elderly Singaporeans with the option to monetise their HDB flats, National Development Minister Khaw Boon Wan said in a blog post that he is worried some seniors will spend the substantial cash proceeds unwisely and urged them to exercise prudence and caution. View more here.