Daily Archives: May 31, 2016 (22 Articles Found)

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Straits Trading Building may fetch record psf price

The source for this article is no longer available

Small units the big draw at new launch

Is the Singapore property market really a buyer’s market now?

Over the past year, we have heard “news” about how the market is slowing down, and how interested buyers should buy a place now to enjoy a steal while they still can. Exactly how true is this? Should…

EC buyers’ options to dwindle in 2017

The EC market started off to a good in 2016, with the first launch of the year, Wandervale receiving a favorable market response. Located in Choa Chu Kang, the 534 unit project sold 292 units in Mar. Another…

S-Reits hit by weaker market conditions

Challenging market conditions have hit S-Reits, say analysts. While S-Reits are still a favourite of investors here as they consistently outperform STI, 27 Reits and six stapled trusts listed here reported an average DPU growth of 1.8 per…

Punggol East’s accounts: PwC seeks more info

An independent accountant appointed to look into the accounts of Punggol East constituency has run into roadblocks because it has not received information it needs, said the Pasir Ris-Punggol Town Council (PRPTC). PwC, in a progress report last…

Rail system working towards regaining earlier standing: Khaw Boon Wan

Singapore’s rail system has lost its “mojo” but it is working hard to regain its earlier standing, said Transport Minister Khaw Boon Wan yesterday. It is measuring itself against the best in class, using Hong Kong as a…

295,000 homes along East-West Line to receive info packs on rail renewal works: SMRT

Rail operator SMRT has started distributing information packs to homes located along the East-West Line (EWL), as part of its efforts to update commuters of rail renewal projects on the line. Some 295,000 homes are expected to receive…

Ex-property agent gets jail and $100,000 fine for corruption

A former property agent who bribed a senior manager of a development company to get priority access to a property launch was sentenced to 12 weeks’ jail and a total fine of $100,000 on Tues. Goh Chan Chong,…

Boy chased, hurt in wild boar incident in Punggol

A boy was hurt after he was chased by a wild boar on Sun afternoon in Punggol. The incident happened at about 2.15pm near Blk 184 in Edgefield Plains. The boy was taken to KK Women’s and Children’s…

Tighter maintenance schedule ‘may be needed to reduce lift incidents’

The “occasional” lift accidents happening in Singapore suggest that town councils may have to replace parts more promptly than what is prescribed by the original equipment manufacturer (OEM), said Coordinating Minister for Infrastructure Khaw Boon Wan yesterday. Speaking…

NEA should work closely with public to enforce smoking ban

Today is World No Tobacco Day, an appropriate time to reflect on the Government’s efforts to curb smoking in Singapore. In particular, I write about the need for stronger enforcement measures regarding the ban on smoking in public…

Diabetes treatment gets a shot in the arm with new Centre of Excellence

Diabetes treatment in SEA is getting a boost with the development of a new Centre of Excellence. Medical technology company Medtronic and SingHealth inked a partnership on Tues to establish the centre, which plans to advance treatment and…

First Centre of Expertise for Disability Sports launched in Sengkang

The first Centre of Expertise for Disability Sports was launched at the ActiveSG Sengkang Sports Centre on Tues, as part of plans to increase sports participation among people with disabilities. It is the first of five centres, which…

1-Net North Data Center officially opens

A new data centre offering high-speed networks between Singapore and the region opened on Mon, in response to growing demand from companies looking for secure data storage solutions. The 200,000 sqft 1-Net North Data Center, which has been…

Pilot trial of outdoor WiFi to be launched in Sentosa

You may no longer have to stay indoors to get access to WiFi. Under a pilot initiative to be launched in Sentosa, Singapore could soon get free WiFi outdoors, powered by solar energy. The Green WiFi pilot will…

Straits Trading Building may fetch record psf price

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A new psf record price for an entire Singapore office building could be set if a deal that is brewing for Straits Trading Building on Battery Road materialises. Indonesian tycoon and philanthropist Tahir is said to be in…

URA directs GEM Residences to tweak triple-key units

Buyers of triple-key units at GEM Residences will get their apartments with only one kitchen instead of the three kitchens originally depicted in the floor plan of the sales brochure. The reason: URA has asked the joint developers…

Unauthorised fixtures, litter and even faeces among areas assessed

From graffiti to litter, “human/animal faeces” to unauthorised fixtures, the list in the Town Council Management Report is a long one. Four main areas are looked at: estate cleanliness, maintenance, lift performance, and S&CC arrears management. When it…

Collective effort to encourage tray return

We thank readers for their feedback (“Reward those who return their trays” by Mr Seah Yam Meng, and “Practice must extend beyond school canteen” by Ms Oei Khoen Hwa, and “Impose coin-deposit system to encourage tray returns” by…

Leasing to online retailers could drive demand for retail space: report

The amount of retail space in the tier-1 cities of Singapore and KL is high at 8 to 12 sqft per capita, but overall demand could fall short of current supply as more consumers patronise online retailers, according…

Qingjian awarded Bukit Batok mixed-use site

A 99-year leasehold mixed-use site at Bukit Batok West Ave 6 has been awarded to Qingjian Realty, URA said on Mon, 30 May. Launched for sale in Mar, the tender for the site attracted strong interest from developers,…

Small units the big draw at new launch

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Newly-launched Gem Residences accounted for most of the new private homes sold last weekend, while other previously-launched projects recorded slow but steady sales. Developers Gamuda, Evia Real Estate and Maxdin sold 315 units or 55 per cent of…

Gramercy Park sees units sold from $2,499 psf

A 1,884 sqft unit on the fourth floor of Gramercy Park was sold for $4.71 million ($2,499 psf), according to a caveat lodged on May 14. This is the second unit sold at the condominium. Previously, a 1,981…

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