Daily Archives: November 19, 2014 (32 Articles Found)

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Housing price caps not the way forward

Mr Ho Kwon Ping called for the HDB’s role to evolve from that of a housing developer to that of a master land developer and price regulator (“The next 50 years of Singapore’s economy”, last Thurs). Despite the…

Improve HDB letter box design

Although I am used to having one or two of my neighbour’s letters being wrongly delivered to me on occasion, I was shocked to find six letters wrongly delivered last Fri. Four were marked “private and confidential”. It…

Partition recycling bins

The provision of a recycling bin for every HDB block is appreciated (“Recycling gets easier with a bin at every HDB block”; Oct 4), but what is lacking are separate compartments for glass, paper, plastic and metal. As…

More booths to gather views in the heartland

More pop-up booths and outdoor sessions for residents to give policy feedback will take place in the heartland, Reach chairman Amy Khor said yesterday. The dialogues will also be in Mandarin, Malay and Tamil, as opposed to the…

Public campaigns, heavier fines still useful

Ms Ng Suan Eng’s conclusion that the “return your tray campaign, keep toilets clean campaign, keep Singapore clean and green campaign, courtesy campaign” have failed seems overly harsh (“Public education no longer effective”; last Sat). Public campaigns are…

40 people join Singapore’s ultra high net worth population

The ultra high net worth (UHNW) population in Singapore saw the addition of 40 individuals in 2014, according to a wealth report released today. There are now a total of 1,395 UHNW individuals in Singapore, a record high.…

Drones gain popularity in industrial sector

Unmanned aerial vehicles also known as drones are being used for an increasing number of purposes, and industrial plants are also jumping on the bandwagon. By using drones to carry out inspections on their flare stacks, Shell Jurong…

New bus stop along TPE benefits commuters but causes traffic bottlenecks

A new bus stop along the TPE, near Sengkang, has brought convenience to some public transport commuters. But it has also exacerbated traffic congestion during peak hours. The bus stop has a new design feature, where there are…

Can revamped Shaw Centre bring buzz back to Scotts Road?

Twenty months and S$80 million later, Shaw Centre is all decked out in time to welcome shoppers this festive season. The 42-year-old mall was given a facelift to improve its appeal and pull in a younger crowd, and…

Hitachi plans to set up SEA Centre for Signalling Systems in Singapore

Hitachi plans to set up a SEA Centre for Signalling Systems in Singapore as part of plans to tap railway demand in the region. This comes as more ASEAN countries are opening up for infrastructure investment. The company…

Your HDB Flat Reno wish list

HDB flat renovations are governed by HDB’s rules and regulations, but before you give up on that dream of having a soaking tub, kitchen island or even smooth cable trunking-free walls, read this. We tell you how you…

JLL: Singapore tops office rental growth in Asia

Office rental rates in Singapore grew 3.5 per cent from the previous quarter in the third quarter of the year, the fastest growth in Asia, JLl said. The strong rental growth comes on the back of low vacancy…

Alcohol curbs: Yes, but in moderation

The Little India riot of a year ago influenced public attitudes on a range of issues from law and order to how imported labour should be managed. Some of the more considered views gathered in public consultations will…

PUB’s website lists 48 flood-prone areas and 55 hotspots

With more wet days ahead, it is probably a good idea to keep an eye on flood-prone areas in your neighbourhood by referring to PUB’s website. Currently, the website lists 48 flood-prone areas and 55 hotspots. The flood-prone…

4 best-selling condos in Oct

Property developers sold 765 residential units in Oct, an 18 percent increase from the month before, recent data from URA showed. According to PropNex, developers have been stepping up new launches to tap on existing demand before the…

New life under the sea

The waters surrounding Singapore may look murky, but they could be home to species of marine creatures that are possibly new to science, a local study has found. At least 14 such species have been discovered in the…

Savills: Leasing volume up 15% in Q3

The leasing market was buoyant in the third quarter of the year, according to a recent report by Savills Research, Singapore. Leasing volume of private homes reached a new record of 17,775 cases, registering a quarterly increase of…

Book preserves school’s kampung spirit

It has been over two decades since the last students left Pei Hwa Public School, but former principal Goh Gong Gong, 92, still watches over the grounds where the school once stood. Mr Goh, who was the primary…

Shophouse investment sales plummeted 76% in 1H14

The country’s stringent property cooling measures are proving to be painful for the niche shophouse market. A report by C&W revealed that shophouse investment sales plunged to $165m in 1H14, down 75.9% from $685m in the same period…

Raising the bar for restrooms: New six-star rating announced

The Restroom Association (Singapore) (RAS) on Wed announced a new six-star rating for toilets here. Restroom operators aiming for this rating will need to “adopt technology to increase efficiency”, and ensure all of their cleaning attendants have undergone…

Grade A office rents could moderate ahead of supply spike

Cloudy days are in store for the resilient Grade A office market in Singapore, with rents expected to come under pressure in the second half of next year as competition for tenants intensifies, the manager of MBFC and…

Bukit Panjang LRT expands train-car fleet

Two new train-cars were put into service at the Bukit Panjang LRT (BPLRT) system today, joining its existing fleet of 19 train-cars. It marks the first addition to the BPLRT since the system was launched in 1999. The…

Ubin ‘deserves higher level of protection’

A nature group has called for Pulau Ubin to be given the same level of protection as a nature reserve, given the concentration of rare and endangered wildlife found on the offshore island. With much knowledge gained since…

Let retirees right-size but keep private property for rental income

I read with interest the article “EC vacancies signal continued HDB resale price weakness”. We have one group of families who could potentially end up owning two taxpayer-subsidised housing units concurrently — the newly-completed EC unit that they…

More setting up shop in S’pore despite rising rents, costs

Singapore remains an attractive destination for intl brands and new labels to set up shop despite steep rents and tough operating conditions, according to Colliers Intl yesterday. The property consultancy acknowledged that bricks-and- mortar retailers are feeling the…

6 months to sell a condo, 3 to offload a flat

Private condominium sellers are taking nearly six months to secure a sale, the longest wait in over two years, new data shows. It also takes far longer now to find a buyer for a HDB flat with a…

Singapore 2nd top Asia destination for China real estate investors

The cooling real-estate market in China has prompted mainland Chinese investors to put their cash to work in overseas properties, with Singapore emerging the second most-preferred outbound destination in Asia after Hong Kong. Abundant liquidity among developers, investment…

Two sites in Yishun and Sengkang put up for bidding

Developers are being invited to bid for two new sites, in Sengkang and Yishun, which are set to yield a total of about 700 homes. The larger of the two is a 17,450 sqm EC site in Anchorvale…

Bosses get ready to move workers staying in flats

Marine company boss Thavaseelan Kumarasamy rents rooms for his workers in three HDB flats in Boon Lay. It is a win-win situation for him and his employees from India. The flats are located near the shipyards in Tuas,…

Singapore’s Universal Terminal starts pre-marketing oil terminal trust IPO

Universal Terminal has begun pre-marketing the business trust IPO of its oil storage terminals that is looking to raise up to S$1 billion ($767.9 million), IFR reported. Pre-marketing will continue for two weeks, with book- building expected to…

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