Daily Archives: November 5, 2014 (29 Articles Found)

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UK chain Premier Inn to open in Singapore

LTA tries out taxi info system for shorter waiting times at taxi stands

Ever felt frustrated because you had to wait so long before finally getting a taxi at a crowded taxi stand? That may change soon. Today LTA is commencing a one-year trial of a Taxi Information System (TIS). The…

Should reputation count in granting renewal of a lease? Sim Lim Square landlords to take a vote

The recent spate of bad press spotlighting allegedly unethical retailers at Sim Lim Square has spurred the mall’s management to take action. CNA understands that the management is planning to gather the mall’s landlords to vote on a…

Grace Fu: Decision to upgrade hawker centres made carefully

The views of stallholders are taken into consideration before the Government decides to upgrade a hawker centre and that decision is made carefully, and never unnecessarily, said Second Minister for Environment and Water Resources Grace Fu in Parliament…

Liebeskind: Universal Design should be part of every design process

Universal Design (UD) should be embodied in every design process and not seen as an afterthought, because architecture is universal and it should be for everyone, said world-renown architect Daniel Libeskind in an interview with TODAY. “Throughout the…

Achieving a meaningful market correction of property prices

DPM and Finance Minister Tharman Shanmugaratnam told the press that there is “some distance to go in achieving a meaningful correction”, hinting that the property cooling measures are here to stay. I am surprised by Mr Tharman’s creative…

Three more aged tombs found in Outram

Three more aged tombstones have been uncovered in Outram mere weeks after a 150-year-old grave was found there, back in Sept. Grave hunter Charles Goh stumbled upon the three relics last month in a wooded area, just metres…

Where are the upcoming property launches? Bartley, Upper Serangoon View, Yishun and Sims Drive

Bartley, Upper Serangoon View, Yishun and Sims Drive will be where some of the major property project launches are expected over the next six months. The projects include Botanique at Bartley, Kingsford Waterbay at Upper Serangoon View, North…

Dorm to cut travel time to worksites

Dormitory for workers in the process construction and maintenance sector will be built near Jurong Island to reduce travelling time to worksites. The move is among a host of new measures aimed at improving output in the industry,…

Discover these new-to-Singapore brands that opened stores in the CBD in Q3

In spite of Singapore’s tepid retail scene, a number of new-to-Singapore brands still set up shop in Orchard Road and the CBD in Q3. Several global brands also launched new flagship stores in the period. According to Savills,…

Sembcorp opens new electricity and steam plant

Sembcorp Industries opened a $635 million co-generation plant on Jurong Island on Fri, its second in Singapore. The plant, which began operating at the start of last month, generates electricity for the national grid and produces steam for…

Golden Cinema in Beach Road to relaunch as indie cinema called The Projector

A group of design professionals are reviving two shuttered cinema halls on Beach Road, in the hope that it will become a permanent oasis for alternative films in a scene overwhelmingly dominated by commercial releases. The two rooms…

Guidelines in place for development applications

Development applications are assessed by a set of development control guidelines by URA, which regulate the building form and scale of the proposed development to safeguard the interests of the surrounding community. MND Minister Khaw Boon Wan said…

District 11 detached house up for auction

A corner single-storey detached house along 18 Dalkeith Road has been put up for auction as an estate sale, Colliers Intl announced today. The freehold property comprises an attic, four bedrooms and a lush garden. It sits on…

TEL will be most accessible MRT line in Singapore

When completed in 2024, the TEL will have an average of four entrances at every MRT station, offering the most accessibility among all the rail lines. The NSEWL and NEL have an average of three entrances at every…

Affordability should be HDB’s top priority

One of HDB’s missions is to “provide affordable homes of quality and value”. If we look at its performance over the past six to eight years, however, it would seem that it has not achieved its affordability aim.…

AVA replies: Monkey trouble

We thank Mr Raymond Anthony Fernando for his feedback (“Monkey nuisance at HDB blocks”; last Fri). AVA is currently conducting monkey control operations in the area of Ang Mo Kio Ave 5, and is working with Ang Mo…

MND: Piped gas at HDB rental flats will increase costs

Piped gas is not available in HDB rental flats to keep the costs for providing and maintaining the flats low, the MND Minister Khaw Boon Wan said in Parliament on Wed. “Having piped gas will increase both the…

MND: Number of new BTO flats to drop in 2015, but supply will be ‘adequate’

HDB will launch 16,900 new BTO flats next year down from 22,400 units in 2014 but supply will be “adequate” given that an estimated 15,000 Singaporean families are formed each year, MND said in a written Parliamentary reply…

Nautically-themed Sembawang public library opens with a splash

NLB on Wed opened its redeveloped Sembawang Public Library at Sun Plaza Shopping Mall, with its nautical theme designed to promote intergenerational reading among the features. Located at the fifth floor of the mall, the revamped library’s design…

MPs push for faster expansion of care centres in schools

MOE is aware of the urgent demand for school-based student care centres (SCCs) and has steadily increased the number of these centres, but further plans for expansion should not be at the expense of quality and affordability, said…

BCA launches universal design initiatives

Moving beyond basic barrier-free accessibility for wheelchair-users, three new initiatives were announced by BCA aimed at incorporating Universal Design (UD) concepts to make Singapore’s built environment more inclusive and accessible to all, including families with young children and…

UK chain Premier Inn to open in Singapore

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UK-based hotel operator Premier Inn is opening its first hotel in Singapore, the 300-room Premier Inn Singapore Beach Road, in mid-2016 as part of its global expansion plans. This comes as the group plans to scale up to…

Infrastructure is top of the agenda for G-20 summit

In the depths of the global financial crisis it was the G-20 that emerged to chart a course away from economic catastrophe. Six years later and in 10 days’ time, on Nov 15 and 16, leaders of the…

Power-supply failure shuts Singapore Exchange for 2 hours

A power-supply failure forced SGX to halt trading on SEA’s biggest stock market for 144 minutes today. The equity venue only briefly reopened after its normal closing time. “Securities and derivatives markets experienced an outage as a result…

See the slump in Singapore’s factory and warehouse leasing in 3Q

Tenants prefer to renew. Factories and warehouses remain in a steady state as activity in the industrial leasing market slowed in Q3/2014. According to a report by Savills, the reviewed quarter saw a 3.2% QoQ decline and is…

Developers flooded with unsold units as new home sales plunged 42.6% in Q3

Local property developers are buried up to their necks with unsold inventory. New private residential home sales plunged 42.6% quarter-on-quarter in Q3, with only 1,531 units sold compared to 2,665 in Q2. According to Savills, there were only…

Tiong Seng wins $276m condo contract at Choa Chu Kang Grove

Tiong Seng recently announced that it has won a $276m EC construction contract at Choa Chu Kang Grove, developed by MCL Land Limited. The project comprises the design and build of 1,327 units, one block of 4-storey multi-storey…

Perennial Real Estate decides not to reduce offer price for PCRT

Perennial Real Estate Holdings Limited (PREHL) plans to stick to its offer price to acquire the remaining units in Perennial China Retail Trust (PCRT) in respect of the latter’s distribution for the third quarter of fiscal year 2014.…

Kelvin Chow Chung Yip resigns as SB REIT Management CFO

SB REIT Management announced the resignation of Kelvin Chow Chung Yip as CFO effective 30 Nov 2014. Mr Chow, 42, is responsible for the full spectrum of the finance and accounting functions including budgeting, forecasting, managing cash flow,…

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