Daily Archives: May 12, 2016 (19 Articles Found)

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If you bought a BTO 5-7 years ago, now is the perfect time to upgrade

No matter what people say about the Five Cs going out of style, the Singaporean dream is still alive and well for some. Well, guess what, one of the Cs, condos, just got cheaper. If you’re holding on…

Why completed condo prices are declining

During drastic market downturns, even hints of an improvement are seized upon – every puddle in a desert counts. As such, there was a lot of hope surrounding slight increases in Feb, in the prices of resale condos.…

CPF Service Centre to relocate from Robinson Road to Maxwell Road in Feb 2017

The CPF’s Service Centre will be relocated to URA Centre’s East Wing at 45 Maxwell Road, CPF announced on Thurs. It will continue to provide over-the-counter services to members and employers after its move in Feb next year.…

Donations stave off imminent closure of cultural centre for Bengali foreign workers in Little India

A crowdfunding site has raised about $4,500 in five days to help keep a cultural centre for foreign workers open. The labour movement has also said it will provide assistance to Dibashram, a place for Bengali workers to…

A suitably stylish addition to an up-and-coming area

Business partners Justin Loy, 33 and Barry Lim, 35, met as teenagers and bonded over computer games like Redmoon. But they had another common interest – dressing well. This led to them setting up door-to-door tailoring business Este…

The central perk of a once sleepy neighbourhood

A shop selling pails and pots, a salon offering cheap haircuts and a cafe serving latte with foam art may have little in common, but these adjacent businesses at Blk 462, Crawford Lane have grown to be friendly…

Impose coin-deposit system to encourage tray returns

From my assessment of online opinions, many Singaporeans are unwilling to take their trays to tray-return points at hawker centres and foodcourts after eating. Meanwhile, amid the labour shortage, hawkers have to deal with not only the cooking,…

Younger generation of shopkeepers breathing new life into heartland malls

Walk into any HDB mom-and-pop shop and chances are there will be an elderly uncle or auntie behind the counter. The heartland enterprise scene is often associated with old shopkeepers plying traditional trades such as sundry stores and…

HDB shops struggling, surviving

Neighbourhood shops may be a familiar aspect of HDB life, but many have been grappling with poor business of late and are exploring new ways to keep afloat. Owners of these heartland businesses cite the sluggish economy and…

Singapore fund likes Hong Kong property as curbs to stay at home

SC Capital Partners, a Singapore private equity real estate firm with $1.2 billion in assets, said recent price declines make investing in Hong Kong property attractive. Founder Suchad Chiaranussati said he expects the Singapore government to maintain residential…

Enabling Village among 3 developments to receive top design award

A community facility that opened last year to provide employment opportunities and space for disabled persons to interact with others will be recognised for its inclusive design, BCA said on Thurs. The Enabling Village is receiving the platinum…

Do more to limit noise pollution

According to the letter “Vehicles must comply with noise emission standards” (May 12), NEA sets the exhaust noise emission standards for motor vehicles, and I wonder if all Harley-Davidson motorcycles meet those standards. LTA and the NEA must…

HDB homes to feature in Singapore’s fifth Venice Biennale appearance

The homes of ordinary Singaporeans will feature in the Republic’s fifth appearance at the Venice Biennale’s Intl Architecture Exhibition, with images of HDB interiors illuminated in customised lanterns forming the centrepiece of the 240sqm Singapore Pavilion. Organisers said…

Trains Vs Lightning

We spoke to our engineers to understand how our trains are protected from lightning strikes. Each train is protected by a “Faraday Cage”. This is an enclosure formed by conductive material that blocks electric fields and electric currents…

DUO is topped out

DUO, the largest integrated development in the Ophir-Rochor precinct, is on track to be completed next year after it was topped out on Wed. The mixed-use project by M+S Pte Ltd is a 60:40 joint venture between Malaysia’s…

SRX: Rents for private homes performed better than HDB flats

The rental market softened last month after a brief spurt in Mar when new leases signed for HDB flats and private apartments jumped by double digits in percentage terms from February. This slowdown was well within expectations, given…

Will Singapore’s tepid property market sink CityDev in FY16?

City Development’s (CityDev) overseas investments are coming to the developer’s rescue as the outlook for the Singapore property market grows increasingly bleak. According to a report by DBS, amid the uncertainty in the local property environment, CityDev’s move…

Cheaper, larger resale homes lure buyers away from new condos

Pre-owned homes are hot commodities in Singapore’s sizzling private residential resale market. Resale transaction volume jumped by 17.6% month-on-month in Apr, with the number of homes hitting a record high since before cooling measures were rolled out in…

Here’s why FCL is the cream of the Singapore REIT crop

Investors on the prowl for a solid investment should look no further than Frasers Centrepoint Limited (FCL), as analysts believe that the developer offers the highest dividend yields at around 5.1%. According to a report by DBS, FCT…

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