Daily Archives: January 25, 2017 (20 Articles Found)

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Angry investors want Reit manager kicked out

A small group of investors in Sabana Shariah-compliant Reit is so angry over its lacklustre performance that they are campaigning to have the trust’s manager sacked. The move is the first concerted push by retail investors here to…

Wanted: Sponsor for national bike share plan

A plan to get more people on bicycles for short journeys is coming closer to fruition, with the search now on for a sponsor of the national scheme. If all goes as planned, the pilot will be launched…

New York’s pizza rat, meet Singapore’s MacPherson MRT rat

New York’s pizza rat, meet Singapore’s MacPherson MRT rat. Singapore got its own public transit-loving rodent on Tues when project manager Kenneth Woo spotted a rat scurrying inside MacPherson MRT. He whipped out his phone, caught footage of…

Measures taken to moderate hawker stall rentals: NEA

We refer to Mr Patrick Tan Siong Kuan’s letter “Won’t high bids drive up hawker food prices?” (Jan 19). In Oct last year, NEA received a bid of $10,000 for a cooked food stall at Blk 32, New…

Review lightning alert system at swimming pools

I use public swimming pools every day, provided the pool is not closed by a lightning alert. This happens if lightning is detected anywhere within an 8km radius of the pool. But many a time, the alarm is…

Extend smoke-free zone scheme to Sembawang

I applaud the pilot project launched in Nee Soon South to set up smoking points and create smoke-free zones in communal areas (“Nee Soon South estate to get 50 smoking points”; Jan 23, and “Orchard ramps up fight…

Can USS hold its own against growing competition?

Seven years after it opened its doors, Universal Studios Singapore (USS) ushered in its 25 millionth visitor on Tues in the face of growing competition from other attractions in the region. The milestone affirms the viability of the…

Sentosa to roll out bike-sharing scheme

A bicycle-sharing scheme is in the works at the resort island of Sentosa. A SDC spokesperson said on Tues that the fleet of bicycles will be by unmanned docking stations at different points across the island for visitors…

Water level at Linggiu Reservoir at 30.8% after recent rains: PUB

The water level at the Linggiu Reservoir in Johor, operated by PUB, has gone up slightly as a result of the last two days’ rain. As of Wed, the water level stands at 30.8 per cent, up slightly…

Maternity retail chain opens megastore with spa, play gym

A 15,000 sqft first-of-its-kind parenthood megastore opened yesterday at Suntec City mall, offering shoppers everything from pregnancy and parenting workshops to a cooking studio, a play gym, a mummy-and-baby spa and omni-channel shopping. The megastore comes amid a…

Time for a review of rules on industrial space usage

“Face reality as it is, not as it was or as you wish it were.” This is what Jack Welch, the former CEO of GE used to tell his mgmt to acknowledge market conditions and embrace change. Singapore…

Sports Hub in talks to host ICC

News that Hong Kong will be hosting the Premier League Asia Trophy may have disappointed local fans, who turned up in record numbers when the event was held here in 2015. But Singapore could still get its fix…

Cable ties sometimes used to secure carpark gantry barriers, HDB says after concerns raised

After a Shin Min Daily News contributor highlighted the use of cable ties to secure the barrier at some carpark gantries, HDB has clarified that service providers sometimes do so to avoid disrupting the Electronic Parking System (EPS).…

Roxy-Pacific buys five shophouses for S$17m

Property developer Roxy-Pacific Holdings has agreed to acquire five adjoining two-storey shophouses on Upper Bukit Timah Road for S$17 million in total, it said in a SGX filing on Tues. It said the shophouses made up a freehold…

Misuse of industrial space ever more widespread

The misuse of industrial space has become rampant, and with tenants having settled into units in new strata projects offering office-like designs and proximity to transport nodes, the trend has become even more conspicuous. Businesses ranging from law…

Some defendants sign settlement with UOB over inflated housing loans

UOB has excluded five defendants from its civil case against seven individuals and Lippo Marina Collection (LMC). Originally, the lender sued the accused for failing to disclose the actual selling price of luxury condos in Sentosa. Consequently, the…

Get the Guru View: Tightened supply for ECs in 2017

For this analyst, ECs are one of the most fascinating property classes in Singapore. A unique public-private hybrid, ECs allow homeowners to own a product that is similar in terms of amenities and lifestyle to private condominiums, but…

Single and eligible

The longstanding HDB rule that singles below the age of 35 cannot own HDB flats is well known. But if you and a friend, sibling or partner are already 35 and above and would like to jointly own…

Buying a flat: 6 scenarios you might face

Aside from the important decisions you have to make when buying an HDB flat, there is always the risk of unforeseen circumstances that may affect the buying process. Here are a few examples and how to handle them.

Eye on Buangkok: The simple life

Buangkok’s main claim to fame is Kampong Lorong Buangkok, Singapore’s last kampong (Malay for village) still in existence today. Older Singaporeans nostalgic for days gone by and millennials in search of a rustic backdrop for Instagram photos have…

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