Daily Archives: July 14, 2015 (34 Articles Found)

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New cable car service to help visitors get around Sentosa

A new intra-island cable car service now plies Sentosa, giving the growing number of visitors another option of getting around the island. The 860m-long link, half the length of the current cableway linking Sentosa to Mount Faber transports…

LTA set to get more power

LTA could be given more power in running the public bus industry, under proposed changes introduced in Parliament yesterday. In addition to planning bus routes and contracting them out, which it currently does, the LTA will also be…

Centrale 8: Complaints can still be filed on-site

Residents of premium public housing development Centrale 8 will be allowed to continue reporting defects at an on-site centre, as the developer has extended the centre’s operation period. The Building Services Centre at the DBSS project in Tampines…

$16.5m price tag for 3 Jalan Besar shophouses

Three adjoining shophouses in Jalan Besar have been put up for sale with a guide price of about $16.5 million. CBRE, yesterday called for EOI in the double-storey freehold shophouses, each of which has an attic. The shophouses,…

Measures to ensure pedestrian safety in Little India

We thank Mr Krishnamani Kannan for his feedback (“Ensure walkways are clear for pedestrians to walk safely”; July 6). Mr Kannan expressed his concern that pedestrians were not able to walk safely along the public walkways in Little…

Eat from trays for cleaner tables

It is common to see cleaners removing trays from tables when the occupants have yet to finish their meals. Thus, when the time comes for occupants to clear their own tables, there are no trays readily available. The…

Reporting change in home address a must: Iswaran

A total of 61 people have been convicted over the past three years for failing to report a change of their home address, an offence typically committed to further other criminal offences. Second Minister for Home Affairs Mr…

Number of HDB blocks not eligible for lift upgrading down to 200: MND

The number of HDB blks where lift upgrading is not feasible has been reduced to about 200, Senior Minister of State for National Development Lee Yi Shyan said in Parliament on Tues. “While we try to offer the…

12 more Senior Group Homes to be built this year: MSF

Twelve Senior Group Homes will come up in different towns this year, bringing the total number to 14, Mr Tan Chuan-Jin told Parliament on Tues. Speaking in response to questions by MP for Moulmein-Kallang GRC Denise Phua Lay…

REDAS warns of record-high vacancies in private home market

The Republic’s REDAS has warned of record-high vacancies in the private residential property market, as supply continues to build while tighter mortgage curbs cools demand. In his welcome speech at a property seminar organised by the association on…

King Albert Park Station needs three entrances

I refer to the report, “Downtown Line 2 to open ahead of schedule in Dec” (June 29). The announcement is great news, especially as the opening will happen in Singapore’s jubilee year. I live near King Albert Park…

Power outage at Bukit Panjang affects 19 blks

A power outage lasting about an hour affected 19 HDB blks in Bukit Panjang today. The blackout happened at at around 10.10pm, Bukit Panjang MP Teo Ho Pin, who was on site with his Town Council staff, told…

Record sales of Hougang and Bukit Batok coffeeshops ‘clearly outliers’: Khaw

There were 32 resale transactions involving coffeeshops in the past five and a half years, with 10 pricing below S$5 million, 12 between S$5 and S$10 million, and eight between S$10 and S$15 million. MND Minister Khaw Boon…

Choa Chu Kang Bus Interchange to get facelift within 3-5 years: Lui

The timeline for the redevelopment of Choa Chu Kang Bus Interchange is within the next three to five years, said Transport Minister Lui Tuck Yew in Parliament today. He was responding to a supplementary question by MP Alex…

Institute of Southeast Asian Studies to be named after Yusof Ishak from Aug 12

The Institute of Southeast Asian Studies (ISEAS) will be renamed ISEAS Yusof Ishak Institute from Aug 12, to honour the significant contribution of Singapore’s first President in the nation’s early years. Minister for Education Heng Swee Keat said…

Private-home resale prices edge up 0.4% in June: SRX Property

Resale prices of non-landed private residential properties increased by 0.4 per cent in June from May, SRX Property flash estimates today showed. Prices dropped by 1.6 per cent compared with June last year. Prices in June were down…

Weak residential rents call for innovative, sustainable leasing strategies

It has been widely established that private residential properties are facing headwinds in leasing demand and rents have been sliding since 2014. This was due to increased private residential completions since 2014, especially in suburban areas. There was…

Are there too many malls in Singapore?

The other day I wanted to go to Kallang Leisure Park for some shopping but the taxi driver said that with the NDP rehearsals on that I should try another mall. I had my choice. Too much in…

New restaurants breathe life into Singapore’s ailing retail scene

Intl F&B players have become the unlikely savior of Singapore’s struggling retail scene. According to a report by Colliers Intl, new restaurants are still keen on entering the city-state despite intensifying retail headwinds. Among the new restaurants which…

Private sector property investment takes a back seat in Q2 as pricing mismatch intensifies

The private sector is usually the driving force behind property investment sales in Singapore. However, private investment deals took a back seat in Q2 as the pricing mismatch between buyers and sellers intensified. A report by CBRE noted…

Chart of the Day: Office rents slipped for the first time in six quarters

Singapore’s office rents slipped in the second quarter, ending the consecutive run of six quarters of growth since the fourth quarter of 2013. According to CBRE, Grade A rents corrected 0.9% quarter-on-quarter to reach $11.30 psf/month, while Grade…

Second Chance Properties’ net profit down 7.4% to $4m in Q3

Mainboard-listed Second Chance Properties reported that its net profit declined 7.4% year-on-year to $4m in Q3. The group’s revenue fell 2.7% year-on-year to $10,5m. The group is primarily involved in property investment as well as the retailing of…

Consultants from Sweden and Japan to assess MRT track infrastructure

A team of experts from Sweden and Japan have been appointed to conduct an independent assessment of the overall condition of the power supply infrastructure and other railway trackside installations along the North-South and East-West Lines. The five…

Orchard Road lights out?

It is after work on Thurs and shoppers should be streaming in to malls like The Centrepoint and 313@Somerset. But it was a quiet evening. Orchard Road is set to reveal a new look with $40 million worth…

Plans to engage historians on Founders’ Memorial

We thank Mr Chan Cheng Lin for his feedback, as well as others who have provided us with feedback on the Founders’ Memorial project (“Why no historians on Founders’ Memorial panel?”; July 3). The editorial on July 6…

Bukit Brown Cemetery has intl recognition

In comparing Bukit Brown with Borobudur and Angkor Wat, Mr Heng Cho Choon seems to suggest that Bukit Brown is not architecturally worthy and does not have a long enough history (“Bukit Brown not worthy of World Heritage…

More to be done to conserve Botanic Gardens

We thank all members of the public who wrote in to share their joy on the successful inscription of the Botanic Gardens as Singapore’s first Unesco World Heritage Site. The inscription bears testimony to the hard work of…

CAG should consider next moves carefully

The Changi Airport Group’s (CAG) decision to set up a $1 billion fund for investments in airports elsewhere (“Fund to support push into global market”; July 1) when it does not even have enough capital to finance its…

Hiccups in tray-return scheme

As one of many Singaporeans who frequently dine at hawker centres, I find that the cleanliness of a hawker centre plays a large part in creating a pleasant dining experience for everyone. Hence, the tray-return initiative by NEA…

More buses needed to serve northern areas

Instead of keeping focus on the overcrowded trains during peak hours, why not look at developing a better bus network for Singapore’s northern areas? While the Government is working to set up more housing estates in the north,…

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