Daily Archives: April 15, 2016 (27 Articles Found)
New Funan to go ‘Beyond IT’
Mr Leong Hanyang of Funbie Studios, located on level five of Funan DigitaLife Mall, refers to his shop space as a “playground”. The 3D printing and design outfit caters to industrial designers, artists, students and even cosplay enthusiasts…
Rush to share footpaths a regression of pedestrians’ rights
MOT’s full acceptance of the Active Mobility Advisory Panel’s recommendations signifies a regression of pedestrians’ rights on walking spaces (“Bicycles, e-scooters may be allowed on footpaths by year end”; Apr 13). Allowing cyclists, riders of personal mobility devices…
More bicycle facilities, stricter rules needed
The measures announced in Parliament to allow bicycles and personal mobility devices (PMDs) on footpaths are reasonably well calibrated (“Bicycles, e-scooters may be allowed on footpaths by year end”; Apr 13). They take into account the growth of…
SIBOR has weakened. Should you still make the home loan switch?
You may have seen the news that SIBOR rates have fallen. This follows the weakened USD and a recent comment by US Federal Reserve chair Janet Yellen, who emphasized the need for the US Central Bank to raise…
Diggersite at East Coast Park allows park-goers to operate special excavators
An interesting sight along East Coast Parkway has attracted a number of curious visitors, with its bright yellow signs and young patrons in safety vests. Diggersite, located at Raintree Cove, opened in Feb this year. The 232 sqm…
Hawkers’ views must be central to review
Wed’s report noted that the new 14-member committee set up to keep Singapore’s hawker culture strong is made up of people from the private and public sectors, including food enthusiasts and representatives from the educational institutions. Actual hawkers…
HDB: 2,100 families, 240 singles given Proximity Housing Grant
When former Jurong resident Nur Liza Roslan started searching for a new home last year, she wanted a place near her parents’ flat. The 29-year-old mother of three often travelled to Bukit Batok to leave her children with…
Public invited to submit ideas for redeveloped Funan DigitaLife Mall
Real estate company CapitaLand is calling for ideas for Funan DigitaLife Mall, which is set to close its doors for three years for redevelopment works from Jul 1. CapitaLand said the public can submit their thoughts under three…
Talks on stops along KL-Singapore High Speed Rail still ongoing
Talks to finalise the number of intermediate stops for the KL-Singapore High-Speed Rail are still on-going, said MyHSR Corp Sdn Bhd Chairman Dr Ali Hamsa on Thurs. He said the consideration for the intermediate stops would take into…
Train services at 13 stations to start up to an hour later on Sundays from June
Sleeper replacement on the East-West line has hit the hallfway mark, said transport operator SMRT on Fri as it announced that train services at 13 MRT stations would start an hour later on Sun from June until Dec…
Plug gaps in issuance of U-Save vouchers
The second instalment of the Utilities-Save rebates this year was given out this month (“840,000 S’porean households in HDB flats to get part of GST rebate this month”; Apr 2). I have clarified with a PUB customer relations…
Office space: Where do we go from here?
Given the changes in the economic winds, recent investors in the office segment must be scratching their heads over the wisdom of their decisions. With rentals dropping while vacancies and interest rates climb, their profitability and cash flows…
Type of home no longer an accurate measure of wealth
I refer to the letter “Review choice of home used in means-testing” (Apr 14). Living in a public flat is no longer a sign of an inability to afford private property. Today’s flats are a gold mine, with…
Give pregnant women, the elderly their own MRT cabins
I refer to the report “Priority queues for seniors, mums-to-be at MRT stations” (Apr 1). LTA should consider taking the next step by dedicating a cabin to these needy commuters, similar to the female-only train cabins in Tokyo…
Singapore home sales rise to highest in 8 months on new projects
Singapore developers sold the highest number of homes in eight months, helped by the successful marketing of two new projects. Developers sold 843 units in Mar, more than double the revised 303 units in Feb, and 38 percent…
Guocoland attractive candidate for privatisation
The Singapore bourse seems to have been bitten by the “privatisation” bug. A combination of moribund market conditions and resulting undervaluations has prompted a steady stream of delistings over the past year. And many are saying opportunities abound…
KidZania Singapore opens on Sentosa
Mexico-based KidZania Singapore has opened its first play-and-learn outlet – the 23rd in the world and the fifth in SEA after Bangkok, Jakarta, KL and Manila. Founder and president Xavier Lopez Ancona has described Singapore as being strategically…
Successful launches lead to jump in developer sales in Mar
Successful launches of several condominium projects in Mar lent boost to new home sales done by developers in Singapore. This was according to URA data released on Fri. In all, developers sold 843 private homes in Mar, more…
Funan revamp to create integrated development the size of Ion Orchard
Funan DigitaLife Mall is set for a revamp that will turn it into an integrated development roughly the size of Ion Orchard, the parent of its owner CapitaLand Mall Trust said on Fri morning. Funan will close on…
HDB rents faring better than those of condos
Rents of HDB flats are still withstanding the property market chill better than those of private apartments and condominiums, SRX Property’s flash estimates released yesterday showed. HDB flat rents edged down 0.1 per cent last month from Feb…
Creative offices where staff may find it harder to leave for home
While many employees head straight out the door at the end of the day, staff at Airbnb, Twitter and Facebook here may find it harder to leave their offices. That is because their workplaces are creative open-concept designs…
More school facilities can be used for sport
Singaporeans keen to adopt a healthy lifestyle and even pursue sports more seriously will find it easier to do so in the coming years. Announcing MCCY’s plans for the sports sector in Parliament yesterday, Minister Grace Fu said…
Roots.sg portal lets users uncover S’pore’s past
The Sri Vairavimada Kaliamman temple in Toa Payoh can trace its roots to the 1860s, when it was a resting spot in the Orchard area for Indian plantation workers and dhobis (washermen). It then evolved into a place…
Mixed-use projects topped sales chart in Mar
Developer sold 843 private homes in Mar, nearly thrice the 303 units sold in Feb. Sales volume was also 38% higher y-o-y. Cairnhill Nine tops the sales chart with 177 units sold at a median price of $2,441…
Valuers must embrace tech to raise their game
How ready are real estate valuers to embrace the use of technology to raise their game? Not quite, if a press statement issued on Apr 6 by SISV is anything to go by. SISV said that valuations derived…
New condo to launch in Toa Payoh after seven years
Gem Residences, the first private condominium to launch in Toa Payoh since 2009, will hit the market at the end of May 2016. Jointly developed by Evia Real Estate, Gamuda Berhad and Maxdin, the project sits on 130,832…
Principal Garden among top winners at APAC property awards
Property firms CBRE, JLL and UOL were among the top winners at the Asia Pacific Property Awards 2016, held in KL last Fri). The awards are part of the UK-based Intl Property Awards, the world’s largest and most…
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