Daily Archives: November 26, 2014 (27 Articles Found)

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Bigger, better Eastpoint Mall to reopen on Dec 2

After extensive renovation that began in Mar last year, Eastpoint Mall is reopening its doors on Dec 2 with a bigger and refurbished interior, new tenants and with nearly a third of the mall now offering F&B. An…

NEA: Why recycling bins are not partitioned

Commingled recycling bins are provided in housing estates to make it more convenient for residents to recycle, so that they do not need to spend additional time and effort segregating the different types of recyclables paper, metal, plastic…

Wetting rubbish in chutes: Measures to address concerns

We thank Mr Chee Chi Weng for his feedback (“Problems with wetting rubbish in chutes”; Nov 15). Refuse-chute fire forms the largest component of residential fires in Singapore. The timer-based water release system (TWRS) is a pre-emptive measure…

Govt’s role to avert chaos in property market

Last Fri’s report (“More homes go under the hammer in weak market”) was attention-grabbing but unlikely to cause any ripples in the financial and property markets. The situation today is completely different from the sudden and massive property…

Drop in resale flat values worries soon-to-be retiree

HDB should be applauded for its measures to boost the supply of flats and help applicants, especially newlyweds, obtain homes. I hope the HDB will now focus on helping the older generation. The huge supply of new flats…

Many food stands at National Stadium, but no variety

I went for the first match of the Asean Football Federation Suzuki Cup at our new National Stadium. The premises boasted 42 concession stands, from burger shacks to names hinting at a speciality in kampung chicken, suggesting a…

Business leaders urged to make greater commitment to green practices

Former Indonesian president Susilo Bambang Yudhoyono has called on business leaders to make a greater commitment to green practices and sustainability, adding that climate change can affect business operations as well. He said this in a keynote address…

Metro’s new Centrepoint store to bring new shopping experience

Local department store Metro celebrates the grand opening of its newest store at Centrepoint on Thurs. But industry watchers said this comes amid an increasingly competitive landscape for department stores along Orchard Road, and Metro like its competitors…

SEA Games Chefs de Mission give thumbs up for Singapore venues

Chefs de Mission (CDMs) and delegates for next year’s SEA Games are in Singapore for a two-day seminar from Tues to Wed, where they discussed logistical and administrative issues ahead of next year’s games. These include event security,…

City Developments reaps benefits from sustainability efforts

City Developments’ (CDL) deputy chairman, Kwek Leng Joo, has said the property developer reaped a total savings in energy consumption of US$16 million (S$21 million) from its 37 Green Mark Gold-rated buildings from 2008 to 2011. He was…

Keppel DC REIT said to seek up to $393 million in Singapore IPO

Keppel DC REIT, a trust that will be backed by data center properties, is seeking to raise as much as S$512 million ($393 million) from its Singapore IPO, people with knowledge of the matter said. The trust plans…

Two reasons why investment strategy for Singapore CBD offices has shifted

Institutional investors in recent quarters have been increasingly adopting a shorter term (opportunistic) strategy towards Singapore CBD office investments as opposed to the traditional longer term (core) income play. Based on YTD 2014 figures, opportunistic investment comprised 68%…

T House awarded for creative design

The ninth President’s Design Award honoured three designers, and 11 design projects and products for their design excellence and creative innovation in Singapore. One of the winners is a unique residential project known as the T House. Located…

National Stadium to switch to artificial turf

After months of controversy and spending S$1.5 million on new lighting equipment to try to improve the quality of the National Stadium pitch, Sports Hub Pte Ltd (SHPL) is making a drastic U-turn: It will resurface the pitch…

Lawyer: Town council had lawful authority to hold fair

A defence lawyer for the Aljunied-Hougang-Punggol East Town Council (AHPETC) argued yesterday that it had the “lawful authority” to hold a Chinese New Year fair earlier this year. Mr Terence Tan pointed to Section 18 of the Town…

Grace Fu: Green businesses have an edge

Businesses with a well-executed environmental strategy will have an edge over others, as they would have stronger consumer branding, better relations with stakeholders and a greater readiness for a resource-constrained future. Speaking at the Responsible Business Forum on…

First Tampines North flats among 7,500 in year’s final HDB sales exercise

More than 7,500 flats were offered by HDB yesterday in its biggest and final sales exercise this year. Tampines North’s first housing project, Tampines GreenRidges, will also feature the first Three-Generation(3Gen) flats in a mature town, the HDB…

New S$60 million hub to boost biomedical research sector

The Republic’s biomedical research sector received a boost today with the launch of the Diagnostics Development (DxD) Hub, anchored by A*Star. The S$60 million hub, funded under the Innovation Cluster Programme, aims to develop the local medical technology…

Market conditions will ensure new equilibrium for property prices

The Property commentary “TDSR running out of steam?” (Nov 21) suggests the current decline in property prices of only 5.2 per cent from their peak could mean that TDSR is losing effectiveness in reducing prices further. The writer…

Flexibility in public housing policy is critical

I refer to the letters “Barring private owners from HDB market is the right call”, “Flats should be for those with real housing needs” and “Change of rule may help solve the glut of flats”. Let us first…

Impact of vehicles with idle engines may be negligible

Under the Environmental Protection and Management (Vehicular Emissions) Regulations, the engines of parked vehicles must not be left idling. This is to reduce air pollution, for better public health. (“NEA clamps down on drivers who leave engines idling”;…

A day in the life of Tuas View dorm

It’s 10.30pm and some residents of the facility in Tuas South Ave 1 are preparing to call it a day. On each floor, they wash up in a brightly-lit common toilet that comes with shiny mirrors and 16…

URA releases commercial site at Beach Road

URA has released detailed sales conditions for the commercial site at Beach Road. The land parcel at Beach Road is ready for sale under the Reserve List of the second half of this year’s GLS Programme. This Beach…

SBS Transit to add six more wheelchair-accessible bus services

SBS Transit will roll out six new wheelchair-accessible bus services on Dec 3 to mark Intl Day of Persons with Disabilities. The six services are service number 9, 91, 103, 115, CT8 and CT18. This brings the total…

Developer stocks to rally on back of massive property price cuts in 2015

Developers will be the first to blink in their drawn-out battle with policymakers and prospective homebuyers. According to Nomura, developers are likely to roll out massive price cuts next year, which will cause developer stocks to rally. While…

Suntec Reit lifts market volume to S$1.8b

STI traded within a narrow band on Tues before ending a net 4.46 points higher at 3,344.99, unaffected by a large reversal in Hong Kong. Turnover, which has shown slight improvement over the past couple of weeks, received…

Two reasons why investment strategy for Singapore CBD offices has shifted

Institutional investors in recent quarters have been increasingly adopting a shorter term (opportunistic) strategy towards Singapore CBD office investments as opposed to the traditional longer term (core) income play. Based on YTD 2014 figures, opportunistic investment comprised 68%…

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