Daily Archives: December 16, 2015 (22 Articles Found)

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MCC Land launches The Poiz Residences

The project will be the first mixed-use development linked to the Potong Pasir MRT station for the Singapore-based Chinese developer. Having lived in Singapore for 19 years, MCC Land MD Tan Zhiyong knows the heartlands better than most…

S’pore well on way to becoming smart nation

At 50, Singapore is still a young nation, but its population is ageing and productivity slowly declining. From this perspective, it would seem as though Singapore is slowing down and looking wearily toward her first century. As an…

Singapore gets first Swiss hospitality school

Singapore’s first Swiss hospitality school will be opening its doors to some 60 students come Jan. HTMi (Hotel and Tourism Management Institute Switzerland) Singapore will offer Diploma and Higher Diploma courses in Intl Hotel and Tourism Management, both…

Goodbye Punggol #instagramtree: Other iconic trees in Singapore

The “Punggol Lone Tree”, also known as #instagramtree, has finally been taken down. The decision was made by HDB on Dec 11, as the tree, was certified dead after a check by arborists. The tree had stood on…

Building vertical ‘houses’ for plants

Farming need not require a lot of land, says Sky Urban Solutions founder Jack Ng. Mr Ng, 52, tells about his award-winning invention, a rotating vertical farming tower, and his vision for Singapore’s agriculture sector. Our 3.65ha farm…

Pure Fitness members raise issue over closure

Members of a fitness club which has shut one of its two gyms have told ST they have yet to hear about compensation, seven weeks after the closure was announced. Pure Fitness closed its 15,000 sqft gym in…

National Stadium must not become a white elephant

I felt disappointed after reading the report on the Singapore Sports Hub (“Is the Sports Hub pricing itself out of the game?”; Sun). Singapore’s pride, the new National Stadium must not become a white elephant. The Sports Hub,…

Singapore can lead by example

Singapore has played a big role in helping to seal the Paris agreement. But what should our role be in subsequent phases? Our role to influence big economies like the United States, China, Japan, India and the European…

National Stadium must be noisy

As I walked towards the National Stadium ahead of Singapore’s World Cup qualifier against Japan, a family clad in the red of the Lions asked me which way to get to the gates. This was their first time…

4,000 hotel rooms to be added next year – will room rates be reduced?

With some 4,000 hotel rooms coming on stream next year, will room rates be reduced? The new hotels include the 314-room Oasia Hotel Downtown in the city centre and the suburban 451-room Holiday Inn Express Singapore Katong. So…

Owner abroad, fire breaks out in flat

Mr Lee Bon Huan, 62, had just returned from his daily morning walk at Punggol Waterway, yesterday. But as he exited the lift to head to his flat on the 13th storey, there was an acrid smell in…

White site at Central Boulevard open for application

A white site at Central Boulevard has been released for application under the Reserve list of the second half 2015 GLS Programme, URA announced today. Under the URA’s white site guidelines, developers are given flexibility in planning how…

Paris pact will push Singapore to cut greenhouse gas emissions: Masagos

The Paris climate agreement will push Singapore to carry out efforts to reduce its greenhouse gas emissions, said MEWR Minister Masagos Zulkifli. Singapore had already pledged to reduce emissions intensity by 36 per cent from 2005 levels by…

Owner of Hotel Vagabond fixes sights on expansion

There is a new hotelier in town and Mr Satinder Garcha, who is ranked 48th on the Forbes’ Singapore rich list, plans to shake up the luxury boutique hotel sector in Singapore. A 1950s Art Deco building on…

M&G Real Estate buys remaining stake in Compass Point

Real estate fund manager M&G Real Estate will become the sole owner of Compass Point mall in Sengkang, after entering into a deed to buy the remaining 18.99 per cent of shares it does not already own. M&G…

What’s next for Changi Airport in 2016?

Looking into 2016, Changi Airport is expected to see a pick-up in activity, on the back of new destinations and low oil prices. This will help further support Singapore’s position as a regional aviation hub. Already, works are…

Popular Instagram tree in Punggol removed

The next time you visit Punggol Waterway Park, an iconic tree that once drew shutterbugs will no longer be there. The tree, popularly known as #InstagramTree online, was cut down today as scheduled after arborists had earlier certified…

CDL, Alpha Investment in S$1.1b office venture

City Developments (CDL) has joined hands with Alpha Investment Partners, Keppel Land’s real estate fund management arm, in a S$1.1 billion office venture in the former’s second profit participation securities (PPS) transaction. CDL said yesterday it would sell…

Property agents get shoved as clients turn to self-service

If you ask Singaporean real estate agents (RES) what their biggest frustration is these days, chances are you will get the response: “Everyone thinks they can do our jobs.” Property owners are beginning to rely less on RES…

Asset recycling is CityDev’s weapon of choice as property prices tumble

With residential sales stuck in the doldrums and asset prices on a steady decline, City Developments has turned to a crafty asset recycling program in order to fuel growth and drive returns. Analysts at DBS believe that CDL’s…

Home sales feared to crash after exceptional volume surge in Nov

Private condominium sales surged by a staggering 79% on a year-on-year basis in Nov, driven by a newly-launched project in RCR. However, analysts warn that this sales surge is likely to be developers’ last hurrah for the year,…

This is the secret behind The Poiz Residences’ extremely strong sales

Homes in OCR have dominated new home sales in past months, but The Poiz Residences at Potong Pasir bucked this trend when it topped the charts in Nov. Analysts at OrangeTee Research believe that the project’s success can…

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