Daily Archives: April 4, 2016 (29 Articles Found)

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CEO of CapitaLand Mall Trust Management Wilson Tan believes in venturing beyond comfort zone

As the saying goes, he who dares, wins. It is this adventurous streak that defines Mr Wilson Tan, CEO of CapitaLand Mall Trust Management, which manages CapitaLand Mall Trust (CMT), Singapore’s first Reit. The spirit of enterprise is…

Security guidelines for buildings

MHA is reviewing security guidelines for building owners amid concerns over the terror threat. It expects to complete the review by the year end. The ministry is also looking to better clarify technical specifications of security measures, such…

Faded directional markings in HDB carparks a hazard

The directional markings in many HDB carparks have faded or are fading badly. For example, the open-air carpark between blks 427 and 428 in Clementi Ave 3 has no directional markings on the road. Drivers could be moving…

Rein in number of swimming pools to save water

There seems to be more and more private swimming pools nowadays, with practically every condominium, EC and even private home here having one. Such a scarce resource should not be used so extensively in such a manner here,…

National Gallery Singapore plays important role

I salute the National Gallery Singapore and France’s Centre Pompidou for staging the Gallery’s exhibition Reframing Modernism: Painting From SEA, Europe And Beyond which examines modernism from the perspective of SEA. I am glad the Gallery is taking…

Better enforcement of priority queues, seats needed

Singapore Kindness Movement general secretary William Wan was spot on when he said that signs to indicate priority queues create the norms, but people have to act according to them (“Priority queues for platforms and lifts in all…

Touting not condoned at Lau Pa Sat

We thank Mr Lim Wah Fong for his letter (“Put a stop to touting at Lau Pa Sat”; Mar 17). The Lau Pa Sat Management takes such feedback seriously, as we do not condone touting at Lau Pa…

Souping up new ways to success

She wants to be the “Starbucks of soup”. By her own admission, she is “not quite there” yet, but founder of The Soup Spoon, Ms Anna Lim, 40, has come a long way from a rocky start 14…

Why a HDB flat as your first home makes more financial sense

In Singapore, more than 80% of Singaporeans live in HDB flats. Our HDB developments are considered one of the best public housing schemes in the world. And while you see thousands of unsold condominium units around in Singapore…

Encouraging signs of gracious behaviour on public transport: Khaw Boon Wan

Changing commuter behaviour on public transport takes time, but there are “encouraging signs” at this stage, Transport Minister Khaw Boon Wan said in a written response to a question in Parliament on Mon. Mr Khaw said that a…

1,000 electric cars to be added to current car-sharing pool of 300 vehicles

LTA and EDB are currently evaluating proposals from car-sharing operators to create an electric vehicle car-sharing programme, said Transport Minister Khaw Boon Wan on Mon. The Minister said the programme will see up to 1,000 electric cars deployed…

One-third of monkeys being culled each year ‘too much’: MP Louis Ng

Calling out the authorities for the number of monkeys being culled annually, animal activist-turned-MP Louis Ng said that killing about a third of the total macaque population in Singapore every year is “too much”. Close to 630 monkeys…

Two-speed market develops for private-home prices

A two-speed market may be emerging in the private residential property market, with the price declines for non-landed units in prime areas and the city fringe moderating, while declines for suburban non-landed units and landed homes accelerate. This…

Seven Palms Sentosa Cove apartment sold at $3,721 psf

An apartment on the third level of the plush Seven Palms Sentosa Cove has been sold by the developer for S$15.782 million which works out to S$3,721 psf based on the strata area of 4,241 sqft. The unit…

Flea trade zones

If the numerous photos posted on social media are anything to go by, Singaporeans love weekend markets. At the recent Express Art Market organised by The Local People, over 35,000 people turned up at the old Tanjong Pagar…

House of Tan Tock Seng’s kin could fetch $170m

A house owned by the descendants of famous philanthropist Tan Tock Seng has been put up for sale and could fetch as much as $170 million. The detached house, now vacant, is one of the few under-developed sites…

REACH survey shows mixed views on public transport

Despite the Government’s huge investment to improve bus services, many commuters still feel they are not experiencing the benefits in terms of wait times and crowdedness, going by the results of a recent survey conducted by REACH. The…

Teen makes U-turn on closing blog on Thomson Line after meeting LTA

After an informal meeting with LTA staff over the weekend and encouragement from friends and the public, civil engineering enthusiast Nethaniel Foo has changed his mind about closing down his blog about the construction of the Thomson MRT…

Bicycles, scooters should have licence plates if they share footpaths

I agree with the view that footpaths should not be allowed for bicycles and kick scooters, contrary to the Active Mobility Advisory Panel’s recommendation (“Footpaths not for bicycles, scooters”; Mar 31). While the panel suggested a code of…

Housing type should not be factor in Silver Support payouts

I fully agree with the views expressed in “Flawed eligibility criteria for Silver Support Scheme” (Mar 30). Very often, government handouts benefit only those living in HDB apartments. This might not be a fair way to ensure that…

NEA: One breeding habitat destroyed

NEA said it received three instances of feedback on the mosquito situation at Kang Choo Bin Walk in Mar. Responding to queries from TNP, its spokesman said the mosquito specimens collected from Mr Chan were identified to be…

Singapore’s aunties and uncles take risks in hunt for yield

Singapore’s aunties and uncles piled into a S$200 million retail bond last week from Aspial Corporation, drawn to a juicy 5.3 per cent yield despite the unusually high leverage of the jewellery-to-property group. The original S$50 million public…

Dorm operators get more creative

Mired in slower takeup rates and falling occupancy, dormitory space providers are getting more creative in offering value-added services to set themselves apart from the competition. Tighter controls on foreign labour inflow, coupled with companies choosing to rightsize…

Low on venues, high on rentals – will sun set on night markets here?

Night markets, also known as pasar malam, are being squeezed out of available operating spaces as town centres build amenities on empty plots of land. Industry insiders told Chinese daily Lianhe Wanbao in a report yesterday that most…

Singapore: A very efficient place to live

Landing a senior position in Singapore is obviously a great achievement for anyone in business, but it was also a leap in the dark for real estate executive Alastair Hughes. Mr Hughes, 50, had plenty of air miles…

Executive condos — a low-risk, high-return investment asset?

Mass-market private condominiums and ECs are perceived as two classes of properties with different investment returns. After all, new private condos carry a higher price tag than ECs. However, is that really true? Looking at the first batch…

How does lack of property-related measures in the budget impact the market in 2016?

The market has cooled considerably since 2011 but much to the real estate community’s dismay, the property cooling measures introduced previously to stabilise the property market were not removed or at least tweaked in the recent Budget announcement.…

Forget lifting of cooling measures as a near-term catalyst, warn analysts

Investors are better off on value-unlocking deals, according to a report by Maybank Kim Eng. Low interest rates should not support property prices. This means that a review of cooling measures may not be on the horizon to…

Ultra-prime Orchard site up for sale

A plum freehold site of 25,741 sqft in Cuscaden Road, off Orchard Road, has been put up for sale by tender, according to marketing agent JLL. A detached house purchased in the 1950s currently sits on the site,…

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