Daily Archives: August 24, 2016 (18 Articles Found)

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99.co’s hot developer deals

Benjamin Franklin said, “Two things are certain in life, death and taxes.” While we do agree with him, looking at the bright side, there’s another good thing that is also certain. There is always a best deal out…

Upsized, stylish and going niche: Co-working spaces bloom in Singapore

With its lavish interior designs and custom-made furnishings – The Great Room could be mistaken for the lobby of a brand new boutique hotel, instead of a co-working space. And that is what the founders set out to…

Singapore still among world’s liveable cities

Singapore’s score in a global ranking of livable cities has stagnated since 2011, which may make a difference to highly mobile top talent. But it remains one of the world’s more liveable cities, ranking 46th out of 140…

Ley Choon wins $35.3m PUB water pipeline contract

Mainboard-listed Ley Choon Group Holdings announced on Tues that it has clinched a S$35.3 million contract from PUB. The contract involves the laying and installation of a 2km long potable water transmission steel pipeline from Murnane Service Reservoir…

Wing Tai holds prices for Ardmore condo despite Q4 profit dive

The mid- to high-end market for properties remains constrained but do not expect any discounts for Wing Tai’s luxury project Le Nouvel Ardmore. The developer has sold seven of 43 units there at an average price of $4,000…

Beat the queue and pick up medicine at Pilbox

Mr Chia Hearn Chek used to have to wait as long as half an hour just to get a refill of his medication at Marine Parade Polyclinic. But these days, the retired teacher can do so in less…

222 new dengue cases reported last week, upward trend expected, says NEA

A total of 222 new dengue cases were reported in Singapore last week, according to the latest figures from NEA’s dengue website. This figure for the week ending Aug 20 is up from 198 the week before, which…

Collective Sale in former HUDC estate at Potong Pasir

Another privatised former HUDC estate could go on the market soon following the landmark sale of Bishan’s Shunfu Ville for $638 million in May. Sources say owners of the 175-unit Raintree Gardens in Potong Pasir Ave 1 have…

What’s the most popular project in Aug BTO?

Contrary to expectations, new HDB flats in Tampines were not the top draw in this month’s BTO launch, which closed at midnight. Instead, Buangkok Woods in Hougang was the most popular project, with 4.4 applicants for each three-room…

Surge in demand for Tampines flats in latest BTO exercise

After a relatively slow start, BTO flats in Tampines launched last week have enjoyed a surge in interest, with all flat types oversubscribed as of 5pm on Tues, hours before the exercise ended at midnight. In particular, the…

Cut out ‘safety budgets’ to pay fines, firms told

Nine in 10 workplace deaths in construction occur because workers adopted wrong or unsafe behaviour, said Manpower Minister Lim Swee Say. Such behaviour often means taking shortcuts such as not wearing harnesses or other protective gear. He warned…

Cost of housing & utilities takes a jab at Singapore’s CPI

It seems like the housing & utilities category is keeping Singapore’s consumer price index below the surface water as the country hit its 21st consecutive dip in consumer price index for the month of July, registering a decline…

Singapore REITs’ performance falls flat in 2Q

While its retail sector remained resilient, other sectors such as hospitality and industrial have continued to impede Singapore REITs’s growth, registering a flat -0.1% improvement in 2Q16. Even with the dismal performance, OCBC Investment Research said the REITs’…

Here’s why SMEs won’t make a splash in Singapore’s real estate market

Renting an office is a tremendous commitment SMEs can afford to dive into, resulting in unpredictable demand patterns. According to a report by CBRE, despite the prevalence of SMEs, their impact on the office sector have been disproportionately…

Industrial units at Ruby Warehouse Complex up for sale

A portfolio of 69 industrial units at Ruby Warehouse Complex at Kaki Bukit Road 2 is up for sale by public tender, CBRE announced Wed. The offering includes all 36 strata units on the ground floor with an…

CapitaLand rolls out e-waste recycling bins at its malls

CapitaLand is rolling out electronic waste (e-waste) recycling bins in 10 of its malls in Singapore to encourage shoppers and tenants to adopt e-waste recycling. CapitaLand Malls where the recycling bins will be deployed include Bugis+, Bedok Mall,…

16 bids for Anchorvale Lane EC site

An EC site along Anchorvale Lane in Sengkang has attracted strong interest from developers, with 16 bids submitted at the end of the tender exercise on Tues, said HDB. Hoi Hup Realty and Sunway Developments jointly submitted the…

PropertyGuru appoints Prince as CFO

Real estate player PropertyGuru (PG) has appointed Daan Prince as its new CFO, effective as of 6 June. Prince brings 12 years of experience in the Asian and European technology markets, the bulk of which was spent at…

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