Daily Archives: November 5, 2015 (25 Articles Found)

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CapitaLand-Norges joint venture out of Asia Square deal – for now

Negotiations are off “for now” between BlackRock and a consortium that includes CapitaLand and Norges Bank Investment Management (NBIM) on the sale of Asia Square Tower 1 in what could be the biggest office transaction in Singapore. Word…

HDB terminates job by troubled Punj Lloyd unit

The financial woes of Singapore construction company Sembawang Engineers and Constructors Pte Ltd (SEC) have come to a head, with a termination of contract by HDB for a public housing project McNair Towers in Kallang/Whampoa precinct. Its other…

Snow, skating and winter fun at Gardens by the Bay’s Christmas Wonderland

Ice skating in the middle of towering trees, making snow angels at a playground, and an European-style festive market. Visitors to the Gardens by the Bay’s Christmas Wonderland celebrations will be able to experience the thrall of winter…

New use for ex-Changi Motorsports Hub site

A 41ha site in Changi, once set aside for a motor racing circuit, is reserved for industries to support the upcoming Changi Airport T5. A URA spokesman added that “the timeline for its development is dependent on the…

Cuban embassy opens its doors

Cuba has opened its embassy here, making Singapore the 125th country in which the Caribbean island has a consular presence. The embassy, at King’s Centre along Havelock Road, was launched yesterday. It was officiated by Ambassador Roberto Blanco…

S’pore operations still play key role in StanChart’s future

The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore. As one of the bank’s regional hubs with operations spanning commercial, retail and private banking and wealth management, Singapore has…

Cache raises $100m from private placement of units

Warehouse landlord Cache Logistics Trust has raised gross proceeds of $100 million from a private placement of units to fund potential acquisitions in Australia and repay debt, the trust manager said yesterday. Cache is placing 106.27 million new…

Preserve parts of old S’pore for future generations

In the name of redevelopment and making Singapore a better place to live and work in, many famous landmarks have been earmarked for the wrecking ball. Examples include the Rochor Centre, the seven-storey SIT flats in Redhill Close,…

More humane ways to deal with stray dogs

I represent a group of community dog feeders in Bukit Panjang. Recently, AVA and a pest control agency have been trying to trap the stray dogs living in Zhenghua Park and the patch of grassland behind the Tree…

Rides must be affordable and reliable

The latest annual review which will lower bus and train fares from Dec 27 may find unanimous accord in one respect: the lower fares offer a modicum of welcome relief on the wallets of commuters, particularly low-income earners.…

Efforts towards green building movement

We thank Ms Lim Siat Foong for her feedback (“Focus on building design to cut air-con use”; Oct 26). As a baseline, all facade designs of buildings must meet minimum thermal performance standards, minimum requirements of openings for…

Fallen barrier at carpark: TTSH replies

We thank Mr Tan Buck Yam for his feedback (“Fallen barrier at carpark: Who’s responsible?”; last Fri). On Sept 29 , Mr Tan parked his car outside the Emergency Department and found a broken gantry barrier in front…

Deploy double-deck bus to busy route

For years, I have seen only single-deck buses berthed at Sembawang bus interchange. So, it was a happy sight to see a double-deck bus there last month. However, I was disappointed to discover that the double-deck bus is…

Foreign objects on runway?

I was on a SilkAir flight from Yogyakarta to Singapore on Tues. Just seconds from touchdown at Changi Airport, the landing was suddenly aborted and the plane took off again. The pilot said that it was because of…

M)phosis shuts all its S’pore outlets

Fashion brand M)phosis, once cited as among the more successful home-grown labels, has shut all its stores here. ST understands that all its outlets in Vietnam, Malaysia, the Philippines and Indonesia, more than 10 of them are also…

More landed properties go under the hammer

A 2½-storey Balinese-style detached house, located on Jalan Kerayong within the Sembawang Straits Estate off Sembawang Road, will be put up for auction by Knight Frank on Oct 22. This will be the second time that the property…

11 bids for residential site close to Serangoon MRT

The tender for a 99-year leasehold residential site at Lorong Lew Lian along Upper Serangoon Road closed today after attracting 11 bids, said URA. The top bid of $321 million was submitted through a partnership between Verwood Holdings,…

Singapore’s luxury home prices in a free fall

Prices of luxury residential properties in Singapore are still diving, down 7.9 percent in the third quarter of 2015 from the same period last year, according to the latest results of Knight Frank’s Prime Global Cities Index. This…

McNair Towers BTO project contractor terminated, HDB seeking new contractor

The contractor for new HDB project McNair Towers has been dropped, a year before the Boon Keng project’s estimated completion date. The HDB has terminated its contract with Sembawang Engineers and Constructors Pte Ltd, and is now in…

Record number of schools commended for environmentally-friendly programmes

A record 376 schools have been commended for their outstanding effort in protecting the environment, as well as educating students on green issues, such as recycling and minimising waste. The schools received the Singapore Environment Council-StarHub School Green…

Urban design and landscape exhibition returns with 25% more exhibitors

The second edition of the GreenUrbanScape Asia (GUSA) exhibition was officially opened on Thurs by MND Minister Lawrence Wong. The exhibition, which runs until Sat, is touted to be the region’s leading event for urban design, landscape and…

Trial underway to control pigeon population

AVA is piloting a new trial to control the pigeon population at Palmer Road. The trial, which started in Oct and which will take a year to complete, involves feeding the pigeons a corn-based feed containing nicarbazin, a…

HDB resale transactions up 16% in October, prices remain flat: SRX Property

Last month saw the highest number of hDB resale flats sold in a month this year, according to flash figures from SRX Property released today. A total of 1,745 HDB resale flats were sold last month, 16 per…

CapitaLand’s Singapore home sales dip 36% YoY to 151 units

CapitaLand’s Singapore residential sales are moving at snail’s pace, according to a report by OCBC. So far in 2015, home sales in the country have staggered back 36% YoY to 151 units. But thanks to the favorable mix…

Suntec REIT to buy and leaseback three floors at Suntec Tower Two

Suntec REIT has entered a sale and purchase agreement with Maybank Kim Eng Properties Pte Ltd, says a report by OCBC. Suntec REIT is to purchase and leaseback three floors of strata office space at Suntec Tower Two…

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