Daily Archives: April 5, 2016 (25 Articles Found)

Hospitality trust’s managers will not proceed with possible sale

Ascendas Hospitality Trust (A-HTrust) managers said on Tues that they have “ceased all discussions in relation to selling all the trust’s stapled securities. The trust managers had said in four separate SGX filings between Dec 23 last year…

Singapore’s history to come alive in new book focusing on Bukit Brown

A slice of the Republic’s history will come alive on Apr 9, when a book documenting the impact of the Japanese Occupation on Singapore is launched. The book, WWII @ Bukit Brown by All Things Bukit Brown, is…

MOH working with public healthcare institutions to review security plans

MOH is working with public healthcare institutions in Singapore to review their security plans in light of the growing terrorism threat, Minister of State for Health Lam Pin Min said yesterday. The review is being done with MHA…

Dedicated supermarket aisles, free online deliveries among wishlist items for the elderly

Senior citizens here would like supermarket aisles dedicated to them, posters in Mandarin, Malay and Tamil, as well as more products specific to the needs of the elderly, a report by market research firm Nielsen released on Tues…

Improve Jurong’s transport infrastructure

As a resident of Jurong West, I am delighted to know that the Jurong Innovation District (JID) will be coming up (“Jurong to be ‘industrial park of the future'”; Mar 25). However, I am concerned about the transport…

OBS can take youngsters back to nature

It has been announced that Outward Bound Singapore (OBS) will be developing a new campus on Coney Island. I have seen the benefits of its Back To Basics programme and would be excited to see it extend its…

The Substation’s Alan Oei reverses some decisions on its revamp plans

More than three months after The Substation’s artistic director Alan Oei announced his grand plans to develop the 25-year-old iconic arts centre, it seems he has backtracked several steps, following furious resistance and criticism from the arts community.…

Maybank Singapore inks novel hotel-backed Islamic finance deal

Singapore’s fledgling Islamic finance sector received a boost on Mon with Maybank Singapore announcing a first-of-its-kind Islamic financing deal worth S$260 million. The deal, which has a hotel as the underlying security, was inked between the bank, part…

AsiaOne

Going flat out to turn smart-home vision into reality

What if your home was clad in an outer skin that sucked in sunlight and made it into electricity for the air-conditioner while keeping out noise and other pollution? In a partnership between NUS and property developer City…

AsiaOne

No new building plans for JCs in next 2 years: Ng Chee Meng

There are currently no new building plans for JCs in the next two years, Acting Minister for Education (Schools) Ng Chee Meng said in a written Parliamentary reply on Tues. He provided enrolment figures at JCs over the…

MOH increasing home care, day care places for elderly: Amy Khor

MOH is on track to meet its target of 10,000 home care places and 6,200 day care places by 2020, said Senior Minister of State for Health Amy Khor in Parliament on Tues. Dr Khor said MOH has…

Relook eligibility criteria for Silver Support Scheme: MPs

The eligibility criteria of the Silver Support Scheme which aims to provide quarterly payouts to the bottom 20 per cent of senior citizens risks excluding retirees who need help, said MPs Zaqy Mohamad, Darryl David, and Lim Biow…

Fewer public car parks offering free parking on Sun

The proportion of public car parks in Singapore offering free parking on Sun has fallen over the past five years, Senior Minister of State for National Development Desmond Lee said in Parliament on Tues. Currently, 55 per cent…

Barriers in void decks must comply with accessibility laws: MND

If barriers installed in common spaces “unduly obstruct a walkway intended as an accessible route”, the Commissioner of Building Control may require the Town Council to remove them, Senior Minister of State for National Development Desmond Lee said…

79% of intl school students are foreigners: MTI

Out of about 46,500 students enrolled in intl schools as of Jan, 36,900 (79 per cent) were foreigners, said Parliamentary Secretary for the Ministry of Trade and Industry Low Yen Ling in Parliament on Mon. Ms Low said…

R&D labs should be brought closer to public, moved to heartlands: WP’s Daniel Goh

With the Government investing huge money in R&D, NCMP Daniel Goh yesterday called for greater accountability in measuring R&D success and for more to be done to bring innovation labs closer to the masses. Not only should R&D…

Worksite accidents on the rise, authorities and employers to conduct reviews

From Jan this year to Apr 2, 22 workers have died because of accidents at their workplaces, four more than in the same period last year. These included the two SMRT trainees killed on the train tracks at…

Connaught Drive trees let visitors relax and reflect

I was pleased to read the report “Connaught Drive part of a new civic district tree trail” (Mar 28). Such green space can have a therapeutic effect on people, many of whom feel the pressure in a bustling…

Tanjong Pagar heritage site should be saved

Palmer House, part of the Bestway Building and remnants of a Parsi mausoleum will be making way for the future Prince Edward MRT Station and a new Shenton Way bus terminal. I question the location of both the…

Property investment in uncertain times

Last Sun was my third time speaking at the SMART Investment & Intl Property Expo. When the organizer asked me to talk about ‘Property Investment in Uncertain Times’, I thought it was a great topic. You see they…

Property Soul

Boon Keng DBSS unit sold for over $1 million

Eight units at City View @ Boon Keng changed hands in Q1 2016 for between $833,300 and $1,004,888, according to Shin Min Daily News, citing data from HDB’s website. The priciest unit was a five-roomer with an area…

PropertyGuru

Singapore property losing some shine: UBS

Singapore is less likely to be on the radar of institutional real estate investors this year compared with other developed regional cities, especially those in Australia and Japan, said a UBS report. It cited the oversupply in the…

SRX Singapore

Creative schemes to move unsold units

One developer gets creative to clear its unsold units. According to market sources, OUE Limited is offering two new payment schemes for OUE Twin Peaks, a 462-unit condominium development on Leonie Hill Road. The schemes are considered as…

The Edge

Singapore Business Review

Singapore still multi-national firms’ top pick for regional headquarters: report

Singapore remains the hottest spot for MNCs to set up their regional headquarters (RHQs), though competition is expected to intensify, according to a report by Cushman & Wakefield. The commercial real estate company found that among the six…