Daily Archives: July 21, 2017 (32 Articles Found)

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The old and new #architecture that defines the Singapore skyline

Architecture is not just merely about space, it tell us volumes about the time in which it was built. This episode, InstaScram travels from contemporary 2017 to the past, in the form of architectural exploration, where we visit…

Love, Bonito is opening a flagship store at 313@Somerset – and it’s a ‘calculated risk’

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It’s finally happening. Love, Bonito will be opening its very own flagship store in Oct after operating mostly online for seven years. The homegrown fashion label entered the e-commerce space at a time when Singaporeans were not yet…

Flat sales, lower rents for Singapore’s largest mall owner show pressure on retail

The tepid results of Singapore’s largest retail landlord point to a continued struggle for mall owners in the city-state as they battle fast-changing consumer habits and an expected increase in the number of shopping centers. CapitaLand Mall Trust,…

Haji Muhammad Salleh Mosque reopens after $1.46m revamp

Congregants who visit the Haji Muhammad Salleh Mosque will now enjoy greater accessibility and comfort, as the upgrading works to its facilities and main prayer spaces have been completed. The mosque in Palmer Road officially reopened on Fri,…

New $18m 3D-printing centre focusing on healthcare applications launched

Tissue regeneration, implants and drug formulations enabled by 3D printing – these are just some of the areas that a new $18 million 3D-printing centre launched on Fri will explore. NUS Centre for Additive Manufacturing (AM.NUS), whose laboratories…

Turn underused RC offices into study centres

I have noticed that most RC offices open only once or twice a week, for a couple of hours in the evening. At other times, they are closed. Given that these community spaces are underused, it may be…

HDB was describing a lease ownership

It is somewhat misleading to term HDB buyers “homeowners” rather than “lease owners”. The two terms mean very different things legally. Homeowners own the land outright and never have to return it or pay rent on it. They…

Developers must get involved in safety meetings too

I am sceptical as to whether getting contractors, subcontractors, consultants and safety officers to attend a mandatory safety coordination meeting every day will reduce the number of accidents at construction sites (Worksites may have to hold mandatory safety…

Trailer rams Balestier Road pedestrian bridge

Part of Balestier Road was closed after a trailer carrying an excavator rammed an overhead pedestrian bridge on Fri evening Photos and video posted on social media showed that the boom of the excavator had hit the bridge…

PIE work site accident: Cracks found in corbels at 11 other parts of viaduct

Cracks were found in the areas supporting 11 other parts of the uncompleted viaduct that collapsed on Jul 14, LTA said on Fri. Authorities are currently investigating the nature and cause of these cracks, it said, in an…

Singtel launches 800Mbps mobile data speeds at selected locations

Singtel said on Fri it will launch near-gigabit mobile data speeds at selected high-traffic outdoor locations, starting with Orchard Road. At 800Mbps, it is SEA’s fastest gigabit-class LTE mobile data speed, and is nearly twice as fast as…

Sembawang trade fair is temporarily ‘home’ for nearly 30 former Sungei Road vendors

Nearly 30 hawkers displaced after the closure of Sungei Road Thieves’ Market have found a temporary space at a trade fair beside Sembawang MRT station. The hawkers, who have been offered heavily discounted rentals by the fair organiser,…

Guidelines on food safety and hygiene for vending industry out

Hungry? Choose your menu, have your change ready, and at the press of a button, voila! Dinner is served. Vending machines dispensing ready meals are fast becoming available to time-pressed Singaporeans in offices, malls, campuses and public places.…

East Coast beach affected by oil slick re-opens after clean up

A 400m stretch of the beach at the East Coast Park has reopened on Thurs, after it was temporarily shut for workers to clean up oil patches which had washed ashore. It is still unclear what is behind…

First Belt and Road Studies Centre launches in S’pore

The first Belt and Road Multi-Cultural Studies Centre in Singapore was launched yesterday by the London School of Business and Finance (LSBF) here and the Overseas Education College (OEC) of China’s Xiamen University. To be funded by the…

Value of transacted luxury properties up 45% in first half of 2017

High-end real estate transactions have gone up by 45 per cent in value in the first six months of the year, compared with the same period last year, according to List Sotheby’s Intl Realty, Singapore. It noted that…

Steps being taken to tackle HDB lift breakdowns

We refer to Mr Cheang Peng Wah’s letter “Explanation needed for spate of HDB lift problems” (July 13). Singapore has 63,000 passenger lifts, with around 25,000 in HDB estates. BCA’s regular audits indicate that most lifts here are…

A tale of two developments for MCC Land

IF you want to have a general feel of how Singapore’s residential property market has been developing in recent years, just look at Santorini and The Alps. No, not their European namesakes, but two separate projects, both developed…

EMA plans sandbox for new energy tech and business models

EMA is proposing to have a regulatory sandbox where new energy technologies and business models can be given a dry run, in a move welcomed by many energy retailers that have started up in recent years. In doing…

Office space leasing activity buoyed by Marina One and UIC Building

Singapore’s office market reported a steady net absorption for the past quarter with the completion of the East Tower of Marina One and UIC Building. According to CBRE Research, net absorption for the quarter was at 923,810 sqft.…

CapitaLand Commercial Trust on an asset recycling mode

CapitaLand Commercial Trust (CCT) is on active asset recycling mode with the recent divestment of its 50% effective stake in One George St and Wilkie Edge. According to OCBC Investment Research analyst Eli Lee and Andy Wong, the…

Developers seen to benefit from locked-in presales

Ahead of the release of results from real estate players, CIMB analyst Lock Mun Yee said developers will continue to benefit from profit recognition from locked-in presales in Singapore and overseas operations. More so, capital recycling from asset…

Property market sentiment highest since 1Q2010: NUS-REDAS index

Overall sentiment for the real estate market reached a new high of 6.1 in 2Q2017, the highest since 1Q2010, according to RESI published by NUS and Redas. Market sentiment continued to improve from 5.2 in 1Q2017. However, it…

Mapletree sells industrial building for S$17.69mil​

Mapletree Industrial Trust (MIT) has completed the sale of a light industrial building along Tuas South Ave 3 at 65 Tech Park Crescent on Thurs, revealed an SGX filing posted on the same day. The three-storey property with…

The Albracca sold collectively for $69m

The Albracca apartment at Meyer Road has been sold in a collective sale to property developer Sustained Land for $69.119 million, revealed JLL. The price works out to $1,409 psf ppr inclusive of development charges, and is higher…

Eye on Bukit Batok: A green oasis

A stroll around Bukit Batok Central or one of the area’s subzones such as Guilin or Hillview reveals a peaceful residential area swathed in greenery. With easy access to some of Singapore’s most luxuriant natural spaces, residents enjoy…

Evolution of public housing in Singapore

The Republic’s transformation from a fishing village to a cosmopolitan city is well documented, but how much do you know about the evolution of our HDB flats? We shed some light on its history. As Singapore grew from…

A wish list for National Day

When it comes to real estate in Singapore, we are influenced by laws, regulations and policies that the government has put in place. While this has paved the way towards a fair, sustainable and efficient marketplace, there are…

Singapore: A haven of stability

Although the property cooling measures such as ABSD, imposed by the government in 2011 to calm a heated market and avert an asset bubble caused foreign buyers to stay away since 2012, resulting in a a slowdown in…

Shorter lease tenures, but not short enough

In several cities, including Singapore, home sharing platforms like Airbnb and HomeAway have faced an uphill battle with regulators, stepping on the toes of hotel operators who are seeing tourist dollars flow to individual homeowners. In this edition…

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