Daily Archives: April 25, 2016 (16 Articles Found)

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Disruption on NSEWL and Circle lines and Bukit Panjang LRT

A power trip just before 8pm caused portions of the NSEWL and Circle lines and the Bukit Panjang LRT network to go down on Mon evening. According to a statement from SMRT on Mon evening, the power trip…

7 timelapses at 7 nature spots captured at 7pm

Urban Singapore is not short on nature spots with over 300 parks and four nature reserves. Of the nature reserves, the oldest is the 163ha Bukit Timah Nature Reserve established in 1883. The Central Catchment Nature Reserve is…

Steep price cuts await OCR homes as number of unsold units mount

Property developers are scrambling to slash prices in order to attract homebuyers in OCR, where the staggering number of unsold condominium units is dragging property prices to record lows. “Due to the sheer number of properties in OCR,…

Office rents feared to slip by as much as 15% this year

The next three quarters will prove to be tough for office landlords across Singapore. Statistics from URA show that rents of prime office space in the city-state dropped by 2.1% quarter-on-quarter in Q1, on back of persistently weak…

Independent panel wraps up review of fatal SMRT accident, identifies vital safety lapse

The team involved in the fatal accident near Pasir Ris MRT station last month had stepped onto the train track before vital protection measures were implemented, SMRT said on Mon after an independent panel wrapped up a review…

In the works for SAFRA Punggol: Water activities facility, 30-day carnival

The newest SAFRA clubhouse in town, which is just next to the Punggol Waterway Park at Sentul Crescent, will introduce a water activities facility later this year. The club, which opened this weekend to more than 9,000 NSmen…

Use bio-toilets to reduce water use

After reading The Big Read article “Receding water levels at Linggiu Reservoir expose S’pore’s vulnerability” (Apr 23), I believe that Singapore can reduce water consumption if it replaces flush toilets, which consume a huge amount of water, with…

Makeshift ‘jungle brothels’ found near Punggol park

Scenic Punggol Waterway Park is a favourite spot for young families, with many having picnics and flying kites there on weekends. But after dark, another part of the park comes alive. In the forested area on a hill…

Japanese brands doing well despite local retail slump

Even as some brands like British fashion store New Look and French menswear chain Celio exit Singapore amid a weak retail scene, several Japanese labels spectacles chain Owndays, fashion store Uniqlo and lifestyle retailer Muji are bucking the…

Floating LNG units may fortify energy security

Singapore could be deploying its first two floating LNG units in the years to come as a means of meeting the country’s energy needs. EMA has already singled out two sites where floating storage and regasification complexes or…

Suburban condo rents fall closer to HDB price levels

With private rents harder hit by sluggish market conditions, it is no longer that much more expensive to rent a suburban condo than a large public flat. Renting a suburban condo unit rather than a five-room HDB flat…

Couple who lived on lorry move into rental flat

After nearly two years of living in a lorry, rice delivery man Ong Poh Hwa and his Vietnamese wife finally have a roof over their heads. Last Thurs, the couple, who are expecting their first child in Aug,…

100 AM to feature Japanese cuisine zone

One of Japan’s largest shopping complex developers, Parco, though its Singapore arm is creating a Japanese restaurant zone at Amara’s 100 AM mall. The announcement comes after Parco secured 14,000 sqft of F&B space at level 3 of…

Many Singaporeans still dissatisfied with housing market: survey

Many Singaporeans are still unhappy with the state of the local property market, according to PG’s latest Property Affordability Sentiment Survey 2016. About 44 percent of the survey’s 933 respondents reported being dissatisfied with the market. The main…

VIP Preview: 40% of Sturdee Residences’ units sold

During a VIP preview event held on Apr 23, 122 units of the 305-unit Sturdee Residences were sold at an average price of S$1,550 psf. Of the buyers, about 20 per cent are foreigners and PRs. In terms…

1Q2016 investment sales down 74% q-o-q to $1.75 billion, says DTZ

Real estate investment sales fell from $6.7 billion in 4Q2015 to $1.75 billion in 1Q2016 on the back of the lowest investment sales volume since 3Q2009, according to DTZ. The decline in investment sales is partially attributed to…

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