Daily Archives: July 11, 2016 (29 Articles Found)

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Former army camps: Potential property hotspots

Think about army camps and property values will definitely not be what comes to mind. Ask any person who are currently, or have, done NS and they’ll tell you army camps are associated with hauntings and being ulu.…

Singapore property auctions – Are they a good source of deals?

Thinking of buying a property? You can try buying one at an auction. Most property buyers purchase their residences or investment properties via the traditional way, through a real estate agent. Recently, however, it appears that people are…

Sembcorp to test-bed emerging water technologies with Mitsubishi Electric and Scinor

On 11 July, at Singapore Intl Water Week 2016, Sembcorp signed MOUs with Mitsubishi Electric and Scinor (Asia) respectively, to test-bed new technologies for water, under the Sembcorp Industrial Living Lab initiative. These technologies will be tested at…

French energy giant ENGIE opens first SEA lab for green energy research in Singapore

French energy giant ENGIE, formerly known as GDF Suez, launched its first research centre in APAC, with a focus on green energy in Singapore as the group shifts towards renewable energy in a three-year strategy. ENGIE Lab Singapore…

SGX S-Reit Index outperforms benchmark MSCI World Reit

The SGX S-Reit Index of SGX-listed Reits has significantly outperformed the benchmark MSCI World Reit Index, an SGX My Gateway report said on Mon. The index generated a total return of 12.2 per cent from Jan 1 to…

Fitness exercises for seniors at Enabling Village

The Enabling Village is the first community space here dedicated to integrating people with disabilities into society, but the general public may not know that they can use the facilities too. To raise awareness of the Enabling Village’s…

Mayors keep the ‘kampung spirit’ alive

While people may turn to their MPs for help to maintain estate cleanliness and eradicate pests, the job of a mayor, who is also an MP, extends far beyond organising fixes for pressing problems. Mr Teo Ser Luck,…

Brick-and-mortar stores have tough challenges ahead

Shopping is a pastime for many people in Singapore, given the number of malls and shops that line the country’s streets. Besides the popular Orchard Road shopping belt, consumers can now also buy branded clothes, shoes, bags and…

DHI significantly expands its R&D centre in Singapore

Danish water and environment company DHI announced at the 2016 Singapore Intl Water Week global platform, that it is investing over S$15 million to expand its water and environmental R&D centre in Singapore. Over the next five years,…

Singapore to pump additional S$200m into water industry over next 5 years

The Republic will pump an additional S$200 million into the water industry over the next five years, announced PM Lee Hsien Loong at the Lee Kuan Yew Prize award ceremony on Mon evening. The new tranche of funding…

MOM concerned with “deteriorating” workplace safety situation: Lim Swee Say

MOM is concerned with the deteriorating Workplace Safety and Health (WSH) situation, said Manpower Minister Lim Swee Say, noting that in the first half of 2016, there have already been 42 fatalities, 12 more compared to the same…

MND to require all Town Councils to set aside more funds for lift replacement

Town Councils will be required to set aside a higher proportion of their S&CC collections into their Sinking Funds, and ring-fence a part of the Sinking Fund specifically for lift replacement, MND Minister Lawrence Wong said in Parliament…

New platform for city planners launched

A new platform to help city officials track, monitor and manage cities better was launched by Surbana Jurong on Mon. Called the Smart City in a Box, the platform brings together an integrated set of solutions on a…

Almost 400 people on board NEA’s Community Volunteer programme: Masagos

About 380 people have come on board NEA’s Community Volunteer scheme, with 100 others having expressed an interest to join. MEWR Minister, Masagos Zulkifli provided this update in a written response to NCMP, Assoc Prof Daniel Goh. Most…

Technological advances can mitigate effects of urbanisation: DPM Tharman

Cities around the world have one common challenge: To ensure that they are liveable, inclusive and sustainable places, DPM Tharman Shanmugaratnam said on Mon. “Our industrial structure does have high energy consumption industries and carbon dioxide emitting industries.…

HDB inks S$10m agreement to develop digital masterplan for Punggol Town

HDB on Mon inked an agreement with a NCS-led consortium to develop a digital masterplan for Punggol Town. HDB said the S$10 million agreement will see the two entities working together for four years to develop a Smart…

Property investing in Singapore: Are you really making money?

Singaporeans, especially the older folks, love investing in properties. Helped largely by the economic boom our country has enjoyed since independence in 1965, property prices in our island state have soared, much to the delight of many real…

More CCTVs to be installed in Little India’s Liquor Control Zone

Another 50 CCTV cameras could be installed in the Little India Liquor Control Zone (LCZ) by the end of this year, adding to the 34 that have already been put up there, said Home Affairs Minister K Shanmugam…

Average monthly lift breakdown rate has fallen: Lawrence Wong

There were about 20 lift breakdowns per 1,000 lifts every month last year and in the first half of this year, lower than the average breakdown rate of 30 per 1,000 lifts per month registered in 2013 and…

URA seeks proposals to develop Jurong Lake District into S’pore’s 2nd CBD

URA has launched a RFP for transforming the Jurong Lake District into the Republic’s second CBD featuring a new mixed-use business precinct, that will house the upcoming KL-Singapore High-Speed Rail (HSR) terminus. Located between the district’s Jurong Gateway…

Steps to make firms more energy-efficient in the works

The authorities are aiming to have the manufacturing sector hit energy-efficiency improvement rates of 1 to 2 per cent yearly between 2020 and 2030, a rate that will be on a par with that of leading developed countries.…

Interactive tool to help public take part in urban planning

The Centre for Liveable Cities (CLC) yesterday unveiled the prototype of an interactive tool called CityScope, which is meant to help the man in the street understand and take part in urban planning and development. It uses colour-coded…

Luxury homes hit auction floors as sale, rental prospects wane

The auction floors in the Republic were busier last quarter with auctioneers sealing deals valued at nearly three times that the previous quarter, as more luxury home owners faced difficulties servicing their loans amid heightened economic uncertainties and…

Set up govt committee to set record straight on defective SMRT trains

As much as the report “Train cracks cast doubts on China’s rail ambitions” (July 8) casts doubt on the calibre of Chinese supplier CSR Qingdao Sifang Locomotive, there are issues to ponder closer to home. Singapore, as a…

Office space demand muted in Q2

New demand for Singapore office space remained muted in the second quarter of the year, with few expansions and more modest space requirements from limited new entrants, as global economic concerns continue to dampen the republic’s business outlook,…

Development 35 acquires plot in Geylang for S$20m

Development 35 has completed the acquisition of 20 Lorong 35, Geylang. The plot, which has an area of about 1,115 sqm, comes with a price tag of S$20 million. Development 35 is 51 per cent owned by TEE…

Northwave EC posts dismal first-day sales of about 20 units

Only 20-odd units at Northwave have been sold on the first day of sales, despite the 358-unit EC project collecting 240 e-applications. This is a figure that has raised eyebrows among market watchers BT spoke with, who compared…

LTA to build cycling route connecting North-South Corridor estates to the city

Singapore presents more good news to cyclists as it makes the towns along the North-South Corridor accessible to the city by providing a cycling corridor. According to LTA, the government is looking to provide more inter-town cycling routes…

Office REITs likely to take a huge hit as Brexit unfolds, say analysts

The ambiguity of Brexit continues to send aftershocks across the shores of Singapore, as analysts fear that the city-state’s office segment is at risk relative to hospitality and residential. According to a report by UOB Kay Hian, the…

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