Daily Archives: August 6, 2015 (23 Articles Found)

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Stalemate between SICC and NTUC on golf course for public use

8km trail to celebrate Jubilee opens on Nov 29

Jubilee Walk, a history-rich trail to commemorate Singapore’s 50th birthday, will be officially opened on Nov 29, MCCY Minister Lawrence Wong, announced today. In addition, an exhibition featuring Singaporeans’ hopes and aspirations for the next 50 years will…

Downtown Line 2 opens on Dec 27

The Downtown Line (DTL) 2 will open on Dec 27, announced Minister for Transport Lui Tuck Yew today. Rides on both DTL 1 and 2 will be free for a few days after Dec 27, to “encourage commuters…

Stalemate between SICC and NTUC on golf course for public use

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Almost six months after their original deadline, 938LIVE has learnt that there is still no agreement between the Singapore Island Country Club (SICC) and the Labour Movement on the terms for reconfiguring the golf courses at the club’s…

New supplementary bus service for Hougang to roll out mid-Aug

A new supplementary bus service that will support SBS Transit 53 along the sector between Hougang Ave 1 and Serangoon Central will be launched next Sun, the transport operator said. The new service 53M will ply along Hougang…

HDB addresses crane operator’s complaint of unsafe Punggol building practices

HDB has addressed allegations by a tower crane operator that unsafe practices were occurring at a Punggol construction site. The Singaporean operator had reported to HDB on Aug 3 that he had observed water being added to the…

How Singapore can charm a new generation of travelers

With its Botanic Gardens declared a UNESCO World Heritage Site and its spot at the top of Lonely Planet’s Best Travel Destination 2015 list, Singapore has tourism sorted, right? Maybe not, say experts, who told CNBC this was…

Bedok North coffee shop plagued with rodent problems

A rat and cockroach infestation has badly affected business at a Bedok North coffee shop, causing a 20 per cent drop in profits, Lianhe Wanbao reported. A lawn in front of the eatery has been traced to be…

Singapore’s falling home prices land softly on a solid floor

Singapore may have achieved the near-impossible: a soft landing for its property market after a breathless multi-year rise. Residential property prices have eased 7% from their Sept 2013 peak, after climbing 62% in four years. It could get…

Hotel investment sales drop 50% y-o-y in 1H2015

Only one major hotel transaction was recorded in 1H2015. It was the sale of the 313-room Capri by Frasers, Changi City to Frasers Centrepoint for $203.4 million in Mar. The price translates to about $650,000 per key. The…

Unesco World Heritage Site at your doorstep

On July 4, Botanic Gardens scored a first for Singapore when it was inscribed as a Unesco World Heritage Site at the 39th session of the World Heritage Committee. The 156-year-old garden sits on a sprawling 74ha site…

Strata landed homes: still niche property and ‘value-for-money’ propositions

With the cooling measures in place and buying sentiment taking a major dip, buyers’ focus is now on on generic property products, such as private condominiums, landed homes and HDB flats, as to when could rents and prices…

2-night room rates soar to S$2,000 at hotels near NDP

A strong demand from both Singaporeans and foreigners hoping to catch the spectacular view of fireworks during the NDP has driven up the room rates of hotels around the Marina Bay area this weekend, with some two-night packages…

HDB resale prices 0.5% lower in July than June

In its first decline since Mar, resale prices of HDB flats took a tumble last month amidst a drop in the number of flats changing hands. According to data released by SRX Property today, overall resale prices dipped…

CapitaLand to ramp up regional expansion amid local headwinds

CapitaLand, SEA’s largest developer, is gearing up its expansion plans in Vietnam, Indonesia and Malaysia, a strategy that comes amid the likelihood that headwinds will continue to affect the real estate sector in its home market. However, group…

Jubilee weekend activities start tonight: 6 places to go

Don’t stay home this Jubilee weekend. Whether you are a fan of the arts or sports, there’s an SG50 activity for you.

CounterTack to open centre here

American cyber security firm CounterTack is opening a development centre in Singapore to study the behavioural patterns of malicious software and online attack techniques. No other details on the centre were disclosed. CounterTack was founded in 2007 and…

Bus still running late

I disagree with LTA’s assessment (“LTA: Bus arrival times more accurate now”; July 17). I live in Jurong West and take bus service 334 regularly. Quite often, I have to wait 15 to 20 minutes for the bus…

Kampung spirit alive and well at Yishun Park

Nee Soon, or Yishun in Chinese, is an estate rich in culture, tradition and heritage. Of the many places of interest, Yishun Park and Yishun Pond are the most iconic and recognisable among our residents. Yishun Park, which…

Exempt GST on water tax amount

PUB has put in tremendous effort to ensure that Singapore residents have a sufficient supply of clean drinking water. Residents are also constantly reminded to be prudent in the use of the water. To this end, one of…

United Industrial Corp appoints Kenneth Lee Ngai Hon as senior financial controller

United Industrial Corp (UIC) announced the appointment of Kenneth Lee Ngai Hon as senior financial controller. Mr Lee, 45, will be responsible for group’s financial reporting, taxation and treasury functions. He was financial controller and company secretary of…

Goh Soon Yong quits as Perennial Real Estate Holdings deputy CEO of China

Perennial Real Estate Holdings announced the resignation of Goh Soon Yong as deputy CEO of China. Mr Goh, 55, will stay on for another year as advisor to the group. He decided to devote more time for personal…

How did Sentosa Cove property sales fare in H1?

The Sentosa Cove bungalow market showed faint signs of life in the first six months of the year. According to CBRE, caveats were lodged for Sentosa Cove bungalows in H1, an impressive feat considering that only three such…

Stack of 23 units at Draycott Eight close to being sold

A deal is said to be nearing for the bulk sale of a stack of 23 units at Draycott Eight owned by a German core fund managed by Morgan Stanley, BT understands. The price could be slightly above…

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