Daily Archives: September 9, 2016 (19 Articles Found)

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New launches to look out for in the next 6 months

In the previous article, we shared how developers time their launches and the history of land sales over the past 18 months. Today, we look at the specific projects scheduled to be launched soon. If you are seriously…

CapitaLand, Keppel Corp lauded for sustainable practices

Property developer CapitaLand and conglomerate Keppel Corp have been praised for their sustainable practices in a report out yesterday. CapitaLand was named Asia’s most sustainable diversified real estate developer by the Global Real Estate Sustainability Benchmark (GRESB) for…

Tengah could be model for future estates, say experts

The green town of Tengah may point the way to Singapore’s future housing estates. Urban planning experts as well as nature enthusiasts welcomed unique features such as its car-free town centre and a forest corridor, and said the…

Recycling bins get creative touches

At home, 18-year-old Nur Asyura Sallehodin makes sure she separates items that can be recycled from those which cannot, and keeps them in the storeroom. Once it gets too crowded, she puts them in the recycling bin at…

A taste of future at upcoming coffee shops

A futuristic new breed of coffee shops – at the vanguard of a S$4.5 billion nationwide IT transformation – could include features such as ordering via mobile apps or digital kiosks, and cashless payments. Operators keen to meet…

Starwood to launch 2 hotels in heritage buildings here

Mammoth hotel group Starwood Hotels & Resorts is launching two new hotels here, both housed within repurposed heritage buildings. The buildings will undergo “multi-million dollar renovations” in partnership with boutique developers Harpreet and Satinder Garcha, Starwood said yesterday.…

Trust mulls sale of 3 prime area apartment blocks

A bundle of three smallish freehold apartment developments in prime districts 9 and 10 may be put on the market soon, BT understands. Estimated to be worth “a couple of hundred million Singapore dollars”, the portfolio comprises 120…

11 Sengkang-Punggol LRT trains found with hairline cracks

Eleven first-generation Sengkang-Punggol LRT (SPLRT) trains were withdrawn from passenger service after hairline cracks were found during SBS Transit’s fleet-wide inspection in July. The hairline cracks were found on the bogie frames of the trains and do not…

Car-free town centre among draws of Tengah ‘forest town’

Based on Tengah’s key novelty features of being a “forest town” and its projected car-free town centre, property analysts told TODAY that they expect to see a very healthy demand for homes there because of its new town-planning…

HDB to use smart technology to keep Tengah cool and green

When planning the upcoming Tengah town, HDB planners, architects and engineers will be able to analyse key wind channels, and study solar heat gained by different urban features, such as concrete and vegetation, with the use of smart…

How a humble hawker stall became a S$160m F&B giant

What started as a humble Chinese mixed vegetable rice stall in Bedok is now a sprawling F&B conglomerate with 24 firms, an intl footprint, and a spanking new S$60 million headquarters facility with a production line that can…

What happens to prices of old leasehold condos?

Since the Singapore government has ceased to offer freehold land parcels under its GLS Programme, and with most residential properties occupying 99-year leasehold sites, it would be interesting to observe the price performance of leasehold properties as their…

A tweak in time

On Sept 1, MAS refined the rules under TDSR framework for the refinancing of properties. Eugene Huang, director and founder of Redbrick Mortgage Advisory, says: “The relaxation of the TDSR cap of 60% for refinancing will really help…

Mixing nostalgia and contemporary living in Tiong Bahru

Located on the city fringe, Tiong Bahru is famous for its eclectic mix of traditional eateries and new cafés. The main attraction of Tiong Bahru is that it was the first public housing estate to receive conservation status…

Sellers reap $1 mil profit at Sheares Ville and Citylights

Two non-landed homes fetched a profit of over $1 million in the week of Aug 23 to 30. The larger profit of $1.2 million accrued to a 1,475 sqft unit at Sheares Ville, a 65-unit freehold apartment on…

Units at The Crest sold from $1,543 to $1,792 psf

Things are heating up in the Prince Charles Crescent neighbourhood, off Alexandra Road. There has been a flurry of transactions at The Crest, with three units sold in the week of Aug 23 to 30, based on caveats…

Office rents to continue spiralling down amidst near-term supply glut

With the large office supply bound to come next year due to strong completions in the near term, office rents are posed to continue sliding. “While rents continue to fall, we think the market could instead focus on…

To rise as a Smart Nation, Singapore must disrupt the workplace

Singapore is well underway in its quest to be a Smart Nation, through the deployment of technology and innovative solutions to old problems. Since PM Lee Hsien Loong outlined his vision to turn the young country into a…

Maids still can’t use the pools, other condo facilities

Some condominiums in Singapore continue to enforce strict rules preventing domestic helpers from using the facilities, such as swimming pools and gymnasiums, as they are meant for homeowners only. PG understands that this is a long-standing practice implemented…

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