Daily Archives: June 3, 2014 (27 Articles Found)

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Buyer’s market at property auctions

The JLL auction on 29 May saw a B1 factory unit sold at $1.55 million. The unit on the fifth story at the Vertex in Ubi was the only property sold at the auction among a list of…

Too long a wait for the return of Marine Cove

More open spaces at East Coast Park in Sept” (May 22), mentioned two ongoing developments at East Coast Park. While I applaud the NParks for enhancing the park’s facilities to cater to a diverse crowd, it is disheartening…

Study recommends combining cycling with public transport in S’pore

The hot weather may put off many from using the bicycle as a means of commuting, but it is possible to cycle in comfort even in the Republic’s tropical climate. That is the view of Danish architect and…

Chip Eng Seng wins a $165 million HDB contract

Chip Eng Seng Corporation Limited announced that it has secured a $165 million contract from HDB. This is to build 8 residential blocks of 1,220 units in Sembawang, Singapore. The contract will be carried out over 36 months…

Food feast at upcoming Seletar Mall

People living or working around Seletar Mall will soon have more meal options because food and beverage outlets are expected to take up a third of floor space at the upcoming shopping centre. These include popular coffee joint…

Sentosa could be a trial site for driverless car fleet

The plan to have driverless cars in Singapore is on track with the resort island of Sentosa being a potential trial site. Sentosa is in talks with MIT to roll out the trial, which involves self-driving buggies. This…

From HDB flat to landed property on an average salary

This week’s story is from KH, who shares how he managed to end up living in a landed property despite knowing little about investing and earning just an average salary. I bought my first property, an HDB flat…

Fewer people selling their HDB flats immediately after MOP

Fewer people are selling their new HDB flats immediately after meeting the MOP, said HDB on Tues. There were only 470 flats sold within one year of meeting the MOP in 2013. This is less than half the…

New course on management of complex infrastructure projects

A new programme will be launched to train private and public sector mid-level executives in managing complex infrastructure projects, announced MTI Minister Lim Hng Kiang at the World Bank-Singapore Infrastructure Finance Summit on Tues. To be run by…

S$300m in integrated cleaning contracts awarded for north-east, south-east regions: NEA

About S$300 million worth of integrated contracts for cleaning the north-east and south-east regions in Singapore have been awarded by NEA today. A seven-year contract worth S$143 million was awarded to Chye Thiam Maintenance to clean the north-east…

HDB, Panasonic and EMA to study feasibility of pilot energy scheme

A study on the feasibility of establishing a pilot energy scheme in HDB homes will be in the works, following the signing of a MOU by HDB and EMA with Panasonic at the World Cities Summit today. The…

Movement to keep neighbourhood clean to be introduced in schools

To encourage students to be advocates for a clean Singapore, a “Keep Singapore Clean Movement in Schools” was launched. MOE Minister Heng Swee Keat, who announced this at the 7th Teachers’ Conference on Tues, said that the move…

Room for growth for businesses going green with eco-friendly features

More Singapore businesses have been going green in recent years, but experts say there is still much room for growth. Businesses in Singapore are generally taking the issue of sustainability more seriously, particularly as consumers are increasingly becoming…

Lim Hng Kiang: Unlock private capital for Asia’s infrastructure projects

Asia’s infrastructure requirements will require more than what traditional banks can offer as loans, which is why putting the building blocks in place to unlock non-bank investments for such large-scale projects is necessary, said MTI Minister Lim Hng…

Westgate Wonderland thematic outdoor playground complies with fire codes

We thank Mr Tey Chee Meng for his interest in Westgate Wonderland (“Any fire code for playgrounds in buildings?”; May 25). From the outset, due consideration for the safety of young shoppers was built into the playground’s design,…

Factors to consider before launching bus services

LTA receives numerous requests for public bus services, which it has to assess and prioritise. Bus routes that have low demand can be provided only through cross-subsidy by other fare-paying commuters, or by taxpayers. On the suggestion for…

Experts identify 45 ‘sacred’ heritage sites

Hong Lim Park fountain, Newton Food Centre and a Hakka memorial hall from 1887. The first has played witness to many a speech at Speakers’ Corner, the second is a well-known hawker centre from the 1970s to which…

Straits Trading sells mining firms, units in Far East Hospitality Trust

The Straits Trading Company said on Tues that it has sold two mining subsidiaries in Indonesia as well as 50.2 million units in Far East Hospitality Trust. It received $42.7 million from the sale of the stake in…

Photos provide rare glimpse of 1950s Pasir Panjang miniature zoo

More than 70 rare photographs of a miniature Noah’s Ark in Pasir Panjang have been shared with the NHB for documentation and archiving. The zoo, which was opened by Mr Tong Seng Mun in 1957, was home to…

Court battle after developer went bust for a group of Singaporeans who bought double-storey terrace houses in Johor Baru

Buying a home in Johor Baru was the beginning of a nightmare for a corporate trainer who wants to be known only as Mr Ahmad. He is one of a group of Singaporeans who bought double-storey terrace houses…

Choy Kong Yan joins Pollux Properties as GM

Pollux Properties announced the appointment of Choy Kong Yan as GM. Mr Choy, 48, will be responsible for the business operation of the group. In the past, he was project manager in GuocoLand from 2004 to 2014 and…

The Straits Trading Company names Dr Gary Hilton Weiss as director

The Straits Trading Company announced the appointment of Dr Gary Hilton Weiss as independent non-executive director. The board believes he possesses the suitable expertise and experience and would be able to complement their skill set. Dr Weiss, 61,…

Singapore pays huge attention to urban planning for sustainable economic development

Sustainable economic development is now a key goal of many governments around the world, including for Singapore and the United Kingdom. Cities will play an increasingly important role in the future battle for a greener future. So the…

Seven ground-floor units at Holland V mall for sale

A group of retail units on the ground floor of Holland Road Shopping Centre has been put up for sale. The seven freehold strata-titled shops face Holland Avenue, and are home for at least the next six years…

Post-launch, popular housing projects see slower sales

Property developments that notched up brisk sales at their debuts seem to have slowed down as home seekers evaluate their options in a buyers’ market. Market watchers said home hunters can take their time to secure the best…

Hougang Ave 7 HUDC estate all set to go private

The four-decade-long HUDC scheme is coming to an end, as yet another estate is completing its privatisation journey. Hougang Ave 7 HUDC estate is expected to be successfully privatised on June 13, ST has learnt, leaving just two…

Retailing woes go beyond Reits

The Great Singapore Sale is on but shop owners here are unlikely to be in a festive mood. In an industry where rents can make up nearly a third of business costs, many of the complaints centre on…

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