Daily Archives: December 8, 2015 (26 Articles Found)

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Keeping environmental sustainability top of mind

Environmental sustainability has been top of mind in recent months. Singapore and other countries across SEA have been plagued by haze as a result of agricultural fires in Indonesia; world leaders have been meeting at the COP21 UN…

Fullerton holds special meaning for Singaporeans, says PM Lee

Decades ago, news from the outside world would pour in through the Singapore General Post Office via ships calling at the port. Housed in the 1928 Fullerton Building, the thriving post office was well-utilised by merchants who sent…

Cleanliness of toilets lies with users

The cleanliness of our public toilets rests in the hands of the users themselves (“Right way to keep public toilets clean” by Mr Emerson Hee of the Restroom Association (Singapore); Dec 5). If all of us treat our…

Why leave Hume station closed?

I congratulate LTA and SBS Transit on the successful Open House for Downtown Line 2. I was one of those who tried the new line and got out at every station to explore the surroundings. I was disappointed…

Kick-start rail academy soon

I applaud Transport Minister Khaw Boon Wan’s idea to set up the National Rail Academy (“Rail engineers’ training to be expanded: Khaw”; Nov 22). This is a timely move, considering the series of train disruptions over the past…

Crafting responsive housing policies

Public views are being sought on the Fresh Start Housing Scheme to be aimed at struggling families with children, living in public rental flats. At first glance, some might frown at those who’ve squandered public housing ownership benefits…

On the right path to a cycling culture

I disagree with Ms Yeo Boon Eng’s view (“Singapore not ready for cycling culture”; Nov 28). While Singapore does not currently have a cycling culture, we are heading in the right direction, as evident in all the government…

National Gallery’s displays must constantly evolve

How does a national art gallery sustain itself while keeping the flame of public interest alive? Though ours boasts one of the largest collections of South-east Asian art in the world, is it enough to maintain a steady…

Why you really shouldn’t pass up on home insurance

Just gotten your new home? Congratulations, you’ve fulfilled a great Singaporean dream. The next thing on your mind is probably renovations, shopping for statement furniture, and everything that new homeowners get excited about, except for insurance. If you…

An introduction to commercial properties in Singapore

From BTO public flats, mass-market condominiums, integrated projects and high-end condominiums, Singaporeans aren’t afraid to dabble in the different tiers of the residential property market. However, many are hesitant when it comes to treading into the unknown realm…

Malaysia’s Gamuda to grow Singapore land bank

Malaysian-listed infrastructure group Gamuda is looking to grow its Singapore land bank following its successful bid for a residential site in Toa Payoh in June. Gamuda and its partners, Maxdin and Evia Real Estate, won the tender for…

Singapore builders overleveraged, underachieving as debt matures

Singapore’s builders are entering 2016 with another wall of debt coming due, falling confidence and declining earnings. After a record S$9.6 billion ($6.8 billion) of bonds were repaid this year, the industry faces S$6.4 billion of maturities next…

Nightclub Avalon claims it has cleared most of its debts

When it opened on one of the floating crystal pavilions at Marina Bay Sands in 2011, it was touted as one of the big names in the clubbing scene, with its Hollywood branch popular among celebrities. When TNP…

DIY: It’s catching on Fast at Changi

Seven in 10 travellers at Changi Airport have access to self-service options as part of a push for automation amid a manpower crunch in the aviation industry. To date, 17 airlines have adopted Changi’s Fast and Seamless Travel…

SG50 book on Istana launched

A coffee table book commissioned by President Tony Tan Keng Yam was launched on Tues as part of the Istana’s contributions to the SG50 celebrations. Called Our Istana – Through the Years, it features photo montages and quotes…

Singapore pledges environmental commitment at Paris climate talks

Singapore on Mon pledged its commitment to the environment, as global environment ministers attended a second week of COP21 climate talks in Paris. Singapore’s MEWR Minister Masagos Zulkifli joined a series of high-level voices and promised to reduce…

Wanted: Ideas to bring neighbours closer together

Proposals for the third edition of the Good Neighbours Project, which encourages bonding among residents in the heartlands, are wanted, said HDB. HDB invited the public to submit their ideas on how to form lasting relationships with their…

New logo a ‘window to the world’ as Mediacorp opens new campus

Mediacorp will be leaving its historic home of 63 years on Caldecott Hill, as it officially opened its new campus at Mediapolis@One-North today. The company expects to complete its migration from the Caldecott Broadcast Centre in Andrew Road…

Merlion Cup seeks new venue

After six months of negotiations, organisers of the Merlion Cup have decided not to host the tournament at the National Stadium in a move that will disappoint many football fans hoping to catch the action “live” in the…

Non-landed private home prices up 0.6% in Nov: SRX

The prices of non-landed private residential properties in the Republic increased 0.6 per cent in Nov compared to Oct, while sales volume fell 2.8 per cent, according to a flash report by SRX Property today. The Nov prices…

Cambridge Industrial Trust issues six million new shares under Distribution Reinvestment Plan

The manager of Cambridge Industrial Trust has issued 6,007,201 new CIT shares under its Distribution Reinvestment Plan. The new units were issued at a price of $0.6072 per share and will start trading on the Main Board on…

Here’s proof that property cooling measures will be eased soon

Singapore government may soon roll out demand-side easing measures, according to a report by UOB Kay Hian. UOB Kay Hian posits that the government will intervene if the HDB resale price index pushes past the 10% threshold, which…

Check out how home sales are projected to spike in 2016

Singapore’s struggling property sector has been clamoring for cooling measure easing for as long as developers can remember, and 2016 might be their year. According to analysts from Maybank Kim Eng, the city-state might be seeing a home-sales…

It’s not all gloom and doom for struggling office REITs

Jittery investors have been particularly unkind to office REITs on back of mounting fears of a looming office space glut, but analysts at UOB Kay Hian believe that fundamentals remain sound despite near-term headwinds. “We note that the…

This might be the riskiest office REIT in Singapore

Analysts at RHB believe that Keppel REIT might be the most negatively impacted by Singapore’s looming office space glut, as the REIT faces major lease expiries in 2016. Leases for over 567,000 sqft of Keppel REIT’s NLA are…

Which developer is most at risk from hefty extension charges?

Smaller property developers will be most impacted from hefty extension penalties due to unsold private residential units, revealed a report by UOB Kay Hian. UOB Kay Hian used a worst-case scenario with the following attributes: a 40% decline…

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