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Daily Archives: March 24, 2017 (28 Articles Found)

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Burst pipe causes stench, murky water in Suntec City carpark

A burst pipe caused a stench and water to pool in Suntec City’s carpark on Thurs. Water could be seen spilling onto the floor of the section of the carpark – labelled with a kangaroo symbol – from…

Canadian export credit agency sets up first global branch in Singapore

Export Development Canada (EDC), Canada’s export credit agency, has set up its first global branch in Singapore. The new branch, located in Marina Bay Financial Centre, will negotiate and underwrite trade finance deals from Singapore, with the aim…

Seat-hogging a bigger problem

Reserving seats at hawker centres is not as bad as seat-hogging (Give hawker centre ‘chope’ culture the chop; Mar 20). It is exasperating to see two or three diners occupying a whole table meant for six, especially when…

Strict enforcement on use of PMDs necessary for now

More people are using personal mobility devices (PMDs) for their last mile of transport (Up to 2,000 commuters taking PMDs on trains; Mar 21). While the authorities support this, they are, at the same time, encouraging seniors to…

‘Choping’ a more serious problem than we think

Mr Ronald Lee Yew Kee is right (Give hawker centre ‘chope’ culture the chop; Mar 20), but the choping of seats is much more serious and insidious than we think. Let us take a common-sense and practical approach…

‘Singapore style’ to reserve tables? Certainly not

Mr Ronald Lee Yew Kee raised some salient points in his letter (Give hawker centre ‘chope’ culture the chop; Mar 20). I was recently at a hawker centre, carrying an umbrella, a handbag and a tray with a…

Age limit set by financial institutions, not MAS

We thank Mr Ong Khin Oon for his letter (Let banks decide on age cap for loan repayment: Mar 20). Mr Ong said he was told that MAS had set an age limit of 75 on borrowers. MAS…

Choosing a home for life

I read a recent Lianhe Zaobao article (15 Mar) which highlighted the high prices of several short-lease HDB flats in the resale market. While resale flats are transacted on a willing buyer-willing seller basis, I was concerned by…

Revamped Pang Sua Pond in Bukit Panjang to be officially unveiled on Sat

The revamped Pang Sua Pond in Bukit Panjang will be officially unveiled on Sat, following a makeover under the PUB’s ABC Waters Programmme. A key highlight of the makeover is a 480m-long elevated boardwalk suspended at a height…

LTA decides not to award bicycle-sharing tender for Jurong Lake District

After reassessing its plans, LTA has decided not to award the Jurong Lake District bicycle-sharing tender which closed in Dec last year and attracted a total of 13 bids from local and foreign participants. The proposals were a…

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Stop-work order issued at Changi Airport T4 worksite after worker dies

A accident at a worksite near Changi Airport claimed the life of a 44-year-old construction worker on Wed after a steel plate hit him. The man was found unconscious along Airport Boulevard, the police said, and he subsequently…

Man killed after being run over by train at Fajar LRT station

A man was killed after he was run over by a train at Fajar LRT station early Fri morning. TODAY understands the man had fallen onto the track at around 1am and was later run over by the…

SMEs can tap A*Star Model Factories to go digital

Some 500 SMEs will be able to benefit over the next five years from the Model Factories being developed by A*Star, which spearheads R&D for the Government, said Minister of State for the Ministry of Trade and Industry…

Find alternative site for Sungei Road market

It was announced recently that Sungei Road’s well-known Thieves’ Market, which surely even tourists are aware of, must make way for development (Sungei Road Thieves’ Market to shut for good on July 10; Feb 15). Yes, progress is…

Toilets at coffee shops, food courts should not be open for public use

I refer to the online report, “Jurong West coffee shop ordered shut for a day due to poor toilet facilities” (Mar 17). It vexes me that people have double standards in how they treat their toilets at home…

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Design for safety in response to terror threat

The tragic London attack would present the police of any country, even Singapore, with a puzzle on how to pre-empt a copycat attack. A recent commonality between terrorist attacks is the use of vehicles, as well as unsophisticated…

Emerson opens Global Additive Manufacturing Center

US tech and engineering giant Emerson officially opened its Global Additive Manufacturing Centre in Singapore on 24 Mar 2017. The state-of-the-art facility will help spur innovation to address customers’ engineering design challenges and accelerate the speed to market…

Major issues with bike-sharing apps

Two days after its formal launch in Singapore, Chinese-owned bike-sharing app Mobike still has some major issues to iron out. TNP tried the three bike-sharing platforms – Mobike, ofo and oBike over two days. Eight out of 10…

A creative way of selling homes that is testing tax boundaries?

The enhanced deferred payment scheme at The Peak @ Cairnhill I and II (Peak I and Peak II) offers an intriguing way for the developers to move their inventory, but it is worth asking if it goes against…

Hong Leong Finance targets asset-rich retirees

Retirees with private property can consider a new loan scheme that can release capital from their homes. Finance firm Hong Leong Finance (HLF) starts offering a programme today that gives retirees cash in the form of a term…

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Keong Saik Road’s second wave of gentrification

In early Mar, Chinatown Hotel on Teck Lim Road was put up for sale. The 42-room boutique hotel is located off Keong Saik Road in the Chinatown-Bukit Pasoh area. The owners have been operating the hotel for the…

Mortgagee sales rising

A condominium unit at The Marina Collection in Sentosa Cove was to be put up for auction a third time by Edmund Tie & Co on Mar. However, it was sold prior to the auction, at a price…

Le Nouvel Ardmore unit fetches $4,005 psf

At Le Nouvel Ardmore, Wing Tai Holdings’ 43-unit ultra-luxury condominium project, a unit was recently sold for $15.17 million ($4,005 psf), according to a caveat lodged on Mar 14. The 3,789 sqft, four-bedroom unit is on the 23rd…

Mapletree Logistics Trust sells Old Toh Tuck Road property

Mapletree Logistics Trust (MLT) has completed the divestment of its 20 Old Toh Tuck Road property at a sale consideration of S$14.25m. “This was transacted at an attractive price, in our view, as it was higher than the…

Eye on Somerset: From rural to urban

The Somerset area, which makes up the eastern half of the Orchard Road shopping belt, no longer plays second fiddle to the western end around Orchard MRT station. In the last decade, Somerset has been rejuvenated with spanking…

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HDB resale – A buyer’s market

For the HDB resale market, the past few weeks have been an interesting time. In late Feb, MND Minister Lawrence Wong, announced that the CPF grants for HDB resale flats would increase from $30,000 to $50,000 for couples,…

Making sense of the property tweaks

In a surprising move, the government recently eased some of the property cooling measures. Will it draw home buyers back into the market and push property prices up? We ask the analysts for their views.

ARA shareholders approve privatisation

ARA Asset Management’s Founder and Group CEO, John Lim, who is leading a group of investors to privatise the firm, has succeeded in obtaining the consent of most of the shareholders. During a shareholder meeting on Thurs, 81.16…

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