Daily Archives: November 11, 2015 (19 Articles Found)

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Two adjoining shophouses in Chinatown for sale

Two adjoining commercial shophouses in Chinatown have been put up for sale at an indicative asking price of S$30 million. The units, 54 and 56 Pagoda St, are on the main pedestrian thoroughfare in the heart of Chinatown.…

First Pororo Park in SE Asia opens at Marina Square

The latest Korean wave to hit Singapore has arrived, and in a big way too, 11,000 sqft to be exact. More infectious than any K-pop song is Pororo the Little Penguin and his famous animal friends, who are…

Refinancing and gearing-up

Usually when my clients refinance, some of them will ask me about the possibility of getting extra cash out from the property. There are a few ground rules that dictate whether this is possible.

4 things you need to know before buying and upgrading to your second HDB flat

After 5 or more years of living in your first HDB flat which was bought directly during a BTO exercise, you and your spouse have finally decided that it is time for a change, perhaps even, an upgrade…

Industrial Reits ‘doing better than expected’

Industrial Reits are performing better than expected, but office Reits continue to show signs of weakness, according to Barclays Research. In a report on Mon analysing seven Singapore-listed Reits (S- Reits), Barclays analyst Tricia Song noted that amid…

Unearthing history of early S’pore occupants

Deep in the heart of MacRitchie Reservoir Park once stood a lakehouse built in the 1890s and owned by Briton George Mildmay Dare, a former secretary of the Singapore Cricket Club. Both Mr Dare and prominent local merchant…

More can be done to boost appeal of Punggol Promenade

Punggol Promenade has become a great attraction for many visitors ever since Coney Island opened. I was there on Deepavali and the crowd was massive; there is no doubt that this place will be a magnet for many…

Wooden doors at multi-storey carparks may be a hindrance

The staircases of many multi-storey carparks, especially HDB’s, have a thick wooden door ending at every floor. Very often, these doors are unable to be fully closed because of wear and tear. Also, many of these doors are…

Consider lift sensors that can detect thin items

Almost all present-day lifts have two door panels that close at the centre of the door frame. The centre vertical line of the lift door frame where the two door panels meet is usually where any object, such…

Development and sustainability can co-exist

We share Mr Manoraj Rajathurai’s views on having a thoughtful balance between development and nature (“Keep fine balance between nature and urbanisation”; last Fri). As a long-term investor, we believe economic growth can and must be achieved alongside…

Need for speed on cycle rules

There has been a proliferation of personal mobility devices (PMD) on the roads and footpaths in all forms from basic bicycles to electric scooters and even unicycles. This is a positive development for our transport system as these…

A*Star-NUS centre for research imaging in diseases opens

The first national platform for research imaging in diseases opened today, with the aim of focusing on diseases relevant to Singapore and Asia, such as tuberculosis and dementia. The Clinical Imaging Research Centre (CIRC), located in the NUS…

Resale transactions for non-landed private homes up 9.8% in October: SRX

In what analysts described as a sign that bargain hunters are on the prowl, the number of non-landed private residential units sold in the resale market last month went up by 9.8 per cent from Sept, based on…

Minimise impact of human traffic on conservation bridge

I would like to applaud NParks move to open the Eco-Link@BKE bridge to guided walks for the public, to appreciate its contribution to biodiversity. With greater awareness of restorative efforts to preserve the natural environment, more members of…

50% fewer Singapore properties being sold to foreigners

Once the go-to market for many in the Far East, why are intl investors now turning their backs on Singapore real estate? 137 non-landed private homes were sold to foreign purchasers in the third quarter of 2015, equating…

Educational site in Serangoon put up for sale

JLL and C&W are the joint marketing agents for the sale of 11 Hillside Drive, a rare asset approved for education use and held under a 103-year leasehold tenure from 2012. The property sits on a land area…

Lodge 77 in Upper East Coast Road put up for sale by tender for over $34.2m

Lodge 77 is a freehold three-storey residential development with two F&B establishments and a clinic at the first storey. It has a land area of 1,219.2 sqm (approx. 13,123 sqft). Under the Master Plan 2014, the site is…

Suntec City Mall makeover fails to work wonders for Suntec REIT

The completion of Suntec City Mall’s makeover unfortunately coincided with a downturn in Singapore’s retail market, with stabilized rents missing Suntec REIT’s original target. According to Barclays, rents at Suntec City Mall stood at $12.03 psf pm in…

Why did sales flop at Wing Tai’s The Crest?

Deep in Singapore’s CCR stands The Crest, a luxury residential development by homegrown developer Wing Tai. First launched late in 2013, The Crest has haunted by extremely poor sales, with only 18% of total units sold after several…

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