Daily Archives: June 26, 2014 (24 Articles Found)
S’pore, Aussie rules on Reits ‘best in region’
Singapore’s regulatory regime for Reits is the second best in the region, trailing only Australia, according to a report released yesterday. Regulatory certainty is important when investors consider Reit investments, said the report, commissioned by the Asia Pacific…
Aspial CEO built up stake in LCD Global Investments
Aspial Corporation CEO Koh Wee Seng has continued to buy shares in LCD Global Investments at prices above the 17 cents a share buyout offer from Lum Chang’s Raymond and David Lum fuelling further market talk of a…
KepLand in the spotlight: After Equity Plaza, what’s next to sell?
After a successful divestment of a non-core asset, Keppel Land is not in a rush to sell its stake in MBFC Tower 3. But that shall only hold true until and unless somebody named a price that is…
Metalor Technologies opens refining plant in Tuas
Singapore’s plans of becoming a gold and precious metals hub took a key step forward on Thurs. Swiss refiner Metalor Technologies officially opened its refining plant in Tuas. The facility offers a complete range of refining services, from…
Katong Shopping Centre’s second shot at en bloc sale
Katong Shopping Centre has launched its second attempt at en bloc sale. CNA understands that the mall along Mountbatten Road has formed a sales committee in Apr and is in the midst of appointing a marketing agent. Opened…
Community hospitals gear up for haze season
At least two community hospitals in Singapore are gearing up for the hot and hazy weather ahead, and top on their minds is their patients’ health and comfort. Kwong Wai Shiu hospital installed a customised ventilation system late…
Curb public drinking judiciously
The reservations Singaporeans have over the public consumption of alcohol were made amply clear during a consultation exercise carried out by MHA and government feedback portal Reach earlier. Support for two measures proposed was overwhelming, with 83 per…
A tale of two neighbouring streets
It is a tale of two streets. Though Haji Lane and Arab Street are located side by side, one is a bustling hive of activity, with cafes and boutiques attracting the young and hip. The other is a…
Dumping ground for supermarket trolleys
Supermarket trolleys have been making a regular appearance near the overpass outside Meridian Primary in Pasir Ris. A Stomp reader saying that he saw many trolleys at around 9pm on Mon. He added that the area had become…
When their children no longer want to house them
A man asked his elderly parents to leave his home, and told them to approach MP to get a rental flat and fend for themselves, wrote MSF Minister Chan Chun Sing on his FB page yesterday. Increasingly, the…
Review mosquito control methods
Our methods of mosquito control have centred on chemical fogging and checking for mosquito larvae but chemical fogging with cypermethrin, a neurotoxin and potential carcinogen, serves only to chase adult mosquitoes from one compound to another for a…
CapitaLand unveils measures to protect staff and tenants in case of haze
CapitaLand on Thurs unveiled a number of haze-related measures for its employees and other stakeholders. Mr Tan Seng Chai, Group COO at CapitaLand, said the health and safety of its stakeholders is of “utmost importance”. As such, main…
Music performances on Kusu Island and tours of lighthouses for HeritageFest 2014
Singapore’s numerous outlying islands are the subject of this year’s HeritageFest. The event, which takes place from July 18 to 27, will introduce visitors to the idea of Singapore as a nation of islands, and not just an…
Dengue cases on the rise as weather heats up. Parts of Hougang and Serangoon flagged
The number of dengue cases in Singapore each week has continued to climb as the weather heats up, speeding up mosquito breeding. A total of 556 cases were reported in the week ending June 21 latest figures on…
OCBC riding the digital wave at new branch at the Singapore Sports Hub
OCBC Bank’s new paperless branch at the Singapore Sports Hub opened on June 23, touting latest environmentally-friendly innovations. The Kallang Wave branch, as it is called, offers a digital platform in which 10 common transactions or branch services…
Free parking on Sundays for more family time
I sincerely hope the Government will consider allowing free parking on Sun for all roads. After a hectic work week, the people here need some respite from the grind of life to spend time with their families and…
Run bus services based on need, not profit
After several private and public exchanges between LTA and citizens who have been appealing for help, LTA appears to have missed the point of debate, that support for public transportation should also be based on need and not…
Little recourse for property agents
The CEA was set up to protect home buyers/owners and tenants from errant or unethical agents. This is in the interest of the general public. But what about the well-being of agents? As a property agent, I am…
Filthy toilets mrt stations let down
I am dismayed by the state of our public toilets in the MRT stations. The stench from some of the toilets can be smelled from afar. The cubicle floor is often wet and strewn with tissue paper. The…
REIW recognises excellence in real estate
The Real Estate Investment World (REIW) Awards for Excellence on 25 June, honoured the best in the industry, namely Individuals and organisations who showed strong capabilities to grow, outperform and adapt to changing market conditions. Winners were selected…
Developer selling off remaining condos at Vermont on Cairnhill
Bukit Sembawang Estates is looking to sell the remaining 30 units at Vermont on Cairnhill, a luxury condominium located near Orchard Road. Only two and three-bedroom apartments are still available for sale at the 158-unit freehold project which…
Everything’s coming up roses on Orchard Road
Orchard Road landlords continue to be in a sweet spot with strong tourist arrivals and a limited supply of shop space and hotels continuing to push up room prices, retail rent and property values. The analysis from Maybank…
Private home prices ‘may fall up to 20%’
Private home prices are expected to keep falling this year but analysts say a crash is unlikely. OCBC forecast yesterday that values could dip 10 to 20 per cent from the start of this year to the end…
Value of prime strata retail units up in Q2
Limited supply of prime strata retail units is lending support to their capital values, which inched up in the second quarter even while retail rents remained largely flat. Based on a basket of completed properties tracked by DTZ,…
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