Daily Archives: November 18, 2016 (20 Articles Found)

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Management corporation ordered to repeal by-law

The MCST of an industrial building has been ordered to repeal a by-law on charges for use of common areas, after STB found it to be “unclear, badly drafted and punitive”. In a rare case, the MCST that…

Using anaerobic bacteria may cut cost of treating used water

Used water from homes contains impurities, and the key to purifying it lies in an unlikely ally: bacteria. This process is expensive though. Bacteria usually used in this process require oxygen, which is provided via an energy-intensive aeration…

Eight Big Splash tenants offered lease extensions

Some tenants at Big Splash will have a few more months at the iconic spot in East Coast Park, after an extension on their leases was granted by NParks. They were originally due to move out in Oct,…

Private sector may get bigger role in development plans

As part of strategies to propel Singapore’s economy forward, the Government will involve the private sector more in its development plans, including engaging on a “master developer” approach for an entire precinct akin to what was done for…

The paperless pleasure of financing a home

This week Singapore hosted a global forum on FinTech that makes it easier and cheaper for consumers to bank, invest, and borrow. FinTech is about many things, including the collection of Big Data to improve our understanding of…

NSEWL hit reliability milestone in Jan-Oct period

The service reliability for NSEWL was at its best during the Jan to Oct period this year, according to SMRT CEO Desmond Kuek on Fri. Mr Kuek said that service on both lines reached 144,000 mean kilometres before…

Enhanced media technology facilities for students at Tanglin Trust School

More Tanglin Trust students could potentially take up a career in the film and media industry, with the opening of a new school building with enhanced media technology facilities. The seven-storey Nixon Building was officially opened on Thurs.…

Cracked glass panel at Circle Line station caused by ‘material defect’: SMRT

A “material defect” was the cause of a cracked glass panel at a Circle Line station on Thurs, SMRT said. The glass panel, which was along the track side at One-North station, was damaged on Thurs afternoon and…

Sustainability of primary sales take-up, prices unclear: president

The jury is still out on whether the recent recovery in the take-up for developers’ projects is sustainable, Singapore’s developers body flagged on Thurs. Clouding the outlook now are the substantial new supply coming onstream and the prospect…

You can now purchase Japan rail tickets at new cafe at Tanjong Pagar

There is a new train operator in town, but instead of operating trains, it will be opening a cafe at the ground level of Tanjong Pagar Centre, and it’s also where you can buy Japan rail tickets. Called…

How department stores can survive the retail crunch

The secret to a successful department store is through the stomachs of shoppers. Retail experts think that food is the key to survival for department stores in Singapore. But they say that these one-stop-shops must also find a…

Victoria’s Secret opens first SEA flagship store in Singapore

It’s official: Singapore has earned itself its very first Victoria’s Secret (VS) flagship store. That’s right, ladies. You can now enjoy the complete VS experience at this two-storey store located at Mandarin Gallery. The 12,000 sqft store is…

5 affordable shoebox apartments you can find in Singapore

With private home prices on a non-stop decline, we’re seeing some of the best-ever property deals on the market. But if we told you it’s the right time to look at some multi-million dollar central region properties, you’d…

Two JTC tender sites awarded

JTC has awarded the tenders for two industrial sites, in Tampines and Tuas, to the highest bidders – Kok Tong Transport & Engineering Works and Wellbuilt respectively. Kok Tong, part of the infrastructure company KTC Group, beat two…

Bugis revived with upcoming completion of DUO

Located on the fringe of the CBD, the Bugis neighbourhood is a well-established hub with malls, shophouses, office buildings and hotels, particularly the area bounded by Ophir Road, Beach Road, Middle Road and Queen Street. The Bugis neighbourhood…

Are there still opportunities in the strata retail market?

The retail sector is still facing challenging times. However, there are some bright spots in the market. The partial completion of the Downtown Line, for example, has boosted footfall at Beauty World Centre, a strata mall located next…

Windfall in Serangoon

Two homes in the Serangoon area fetched the highest profits in the non-landed housing segment in the week of Nov 1 to 8. At Kensington Park Condominium, a 310-unit project off Serangoon North Ave 1, a seller gained…

Price war in workers’ dormitories

The prevailing market rate at Tuas View two years ago was $300 to $350 per worker. “The market is very different now,” says Shamkumar Subramani, CEO of TS Management Services, the operator and co-owner of Tuas View. “It…

Singapore is the best Asian city for expats

Singapore is indeed a top spot for expats, a study by the InterNations revealed. The city-state ranked fifth in the world rankings, next to Melbourne, Houston, Madrid, and Duesseldorf. The study Expat Insider 2016 revealed that majority of…

Singapore’s office rental market is the weakest in the world: study

Economic uncertainty and a cautious approach from occupiers have caused year-to-date APAC office leasing volumes to decline 10% over the same period a year earlier, according to a study by JLL which also shows Singapore leading the weak…

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