Daily Archives: March 15, 2017 (20 Articles Found)

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Woman loses suit against property agency whose rogue agent embezzled $830k from her

A former teacher trusted a property agent so much she gave him four signed blank cheques to be used to settle a property purchase. But the rogue agent instead used the cheques to embezzle $830,000 from her bank…

Robot cleaner and painter for high-rise buildings to give productivity and safety a boost

Robots may soon take over cleaning and painting high-rise buildings here, thanks to a new automated gondola system co-developed by Singapore electronics company ELID Technology Intl and NTU. Called the OutoBot, the locally-built system will improve productivity while…

JTC awards tender for industrial site at Tampines

JTC has awarded the tender for an industrial site at Tampines Industrial Drive (Plot 1) to Power Partners Private Limited. The company submitted the highest bid of S$3,320,000 for the site, JTC said on Wed. The 5,253.5 sqm…

Time for Singapore to say ‘Yes’ to nuclear

The Fukushima nuclear accident dealt a blow to the emerging “nuclear renaissance” just when the world was close to putting Chernobyl behind it. In its aftermath, several countries, including Japan and Germany, put aside, under public pressure, plans…

Clearing the air on tailpipe emissions

The Government announced a number of measures last week to tighten vehicular emission regulations. The new Vehicular Emissions Scheme, for instance, spells out limits on tailpipe pollutants such as nitrogen oxides and particulate matter. Stricter vehicle inspection standards…

Changi taps mobile beacons to stay in the lead

Beacons are being installed at Changi Airport as part of a trial to help travellers and visitors navigate the airport using their mobile phones and other personal devices. Along the way, they will also receive updates on retail…

High-end market boosts PropNex

Real estate agency PropNex Realty turned in far higher revenue last year despite facing a challenging property market still feeling the effects of the cooling measures. It recorded a 21.5 per cent year on year jump in gross…

Singapore beats Hong Kong to claim title of ‘World’s Best Airport’

Research firm SkyTrax has named Singapore Airport “World’s Best Airport” for a fifth consecutive year over regional rival Hong Kong. “Winning the Skytrax World’s Best Airport Award for the fifth consecutive year is immense encouragement to our 50,000-strong…

Singapore new home sales surged in Feb as lower prices attract buyers

Singapore’s private residential market arose from its slumber in Feb, even before the government decided to ease some of its property cooling measures in early Mar. Data released by URA on Wed showed developers in Singapore sold 977…

Tampines plot tipped for a good turnout

Mediocre location notwithstanding, a private housing site in Tampines Ave 10 is expected to draw strong interest with as many as 15 bids – thanks to developers’ ravenous appetite for land. Moreover, the improving sentiment in the residential…

New SMU law library named after Mdm Kwa Geok Choo

A new state-of-the-art law library at SMU has been named after late founding PM Lee Kuan Yew’s wife and lawyer Madam Kwa Geok Choo. This was unveiled together with the college’s new School of Law building on Wed.…

Infineon invests S$105 million in Smart Factory

German semiconductor Infineon Technologies will invest S$105 million over the next five years into building a Smart Factory at its Singapore manufacturing facility. This is part of Infineon’s push to implement what it calls a Smart Enterprise Programme,…

Construction company charged over unhygienic housing for foreign workers

A construction firm was on Tues slapped with 80 charges for housing offences, including housing foreign workers in rat-infested quarters, according to MOM. Kay Lim Construction and Trading was prosecuted in court for housing its foreign workers in…

PUB’s co-digestion plant now processing 3 tonnes of food waste daily

After a delay in completion caused by the woes of its technology provider, a project by PUB to use food waste to generate more electricity is now processing three tonnes of food waste a day. The co-digestion plant,…

Preparing Singapore for a sustainable future

Last week, the Singapore government announced the appointment of Master Developers as the country’s new planning concept with the introduction of Punggol New Town. With the launch of this new planning concept, master developers will also be able…

Is that co-working space subscription really worth it for you as a freelancer?

There comes a time in a freelancer’s life when, after four days of remaining in pyjamas and not moving from in front of your laptop screen that you tell yourself you’ll join a co-working space. But a full-time…

Frasers Commercial Trust’s value estimate lowered on lease uncertainties

OCBC Investment Research has lowered its fair value estimate on Frasers Commercial Trust (FCT), even as it maintained a ‘Buy’ rating on the office Reit’s counter. This comes as the share price of FCT lagged both the FTSE…

Residential vacancy to reverse its upward trend next year

The number of unsold private residential inventory indicates that 2018 is likely the year where vacancy could reverse its upward trend as supply tapers, according to a report from UOB KayHian. However, vacancy rates could see their peak…

Feb condo rents up 1.1%

Non-landed private property rents in Singapore saw an uptick in Feb, inching up by 1.1% compared to the previous month. According to SRX Property data, rents in CCR and OCR recorded the highest increases at 1.2%, whilst RCR…

HDB rents down 0.8% in Feb

HDB rents went down slightly in the past month, decreasing 0.8% from the previous month and 4.8% from a year ago. According to SRX Property data, HDB 3 Rooms, HDB 4 Rooms, and HDB 5 Rooms decreased by…

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