Daily Archives: July 28, 2017 (18 Articles Found)

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Tree branch snaps in Jurong West carpark, trapping man in car

A thick branch from a tree at an open-air carpark in Jurong West suddenly snapped, trapping a 23-year-old man in his car. The university student, who was working as a private-hire driver, managed to escape by climbing through…

ITE staff must pay for parking from Oct

All ITE staff will need to pay for parking from Oct. They were informed yesterday that they will be charged season parking rates of $80 and $110 per month for surface and sheltered carparks respectively – in line…

APAC Breweries to construct $1.8m water reuse treatment plant

Asia Pacific Breweries (APB) will construct a $1.8 million water treatment plant by Dec to help the large-scale brewery reduce water consumption. Its water reuse treatment plant, which will be on the company’s grounds in Tuas, will help…

Give advance notice for HDB renovation

Having lived in densely populated Singapore all my life, it would make sense for HDB to require occupants who are carrying out renovation works to put up notice of the impending renovation at the common lift lobby at…

Cut land lease under GLS programme to 60 years

The current en-bloc sale frenzy is a sign of pent-up demand for private housing, especially for 99-year leasehold properties. The Government should consider reducing the lease of some selected GLS plots to 60 years and release more land…

As delivery woes continue, Amazon’s bumpy Singapore debut raises eyebrows

Amazon’s bumpy debut in the Republic, with consumers unable to place fresh orders for a second consecutive day, has caught consumers and experts alike by surprise. But they said the initial setback is unlikely to dent the online…

Cheers to ‘convenience stores of the future’

Heading to a convenience store? Don’t forget your mobile phone. With NTUC FairPrice’s next-generation Cheers convenience stores, you’ll need to download a mobile app and register to generate a unique QR code before you enter the store. The…

Amazon arrives: E-retailers up their game as competition rises

Retailers have been bracing for the arrival of global e-commerce giant Amazon, which officially launched its Prime Now service in Singapore yesterday. Lazada recently launched its Prime-like LiveUp loyalty programme that pools benefits from key lifestyle partners including…

Amazon’s entry into Singapore marred by delivery problem

Amazon entry into SEA has been marred by a delivery problem. After introducing its Prime Now two-hour delivery service to Singapore on Thurs, the company now is unable to deliver goods to customers. As of Fri afternoon, its…

Singapore office rents drop to 7-year low as vacancies climb

Singapore office rents fell to the lowest in almost seven years as an oversupply of space saw vacancies climb to the highest in six years. A gauge of office rents fell 1.1 percent to 155.6 in the second…

BCA: No further risk to public after viaduct checks

No other elevated road currently under construction shows signs of structural distress, checks that followed the collapse of an uncompleted viaduct in Changi showed. BCA, in response to queries from ST filed two weeks ago after the July…

Singapore firms dip toes into blockchain tech for property

At least two Singapore “proptech” companies are using blockchain platforms to “tokenise” property – that is, to create tokens backed by real estate which investors can buy. It is a pioneering move that is nascent even globally –…

Affordability sentiment still low amongst property seekers

For property seekers in Singapore, affordability sentiment remains low for the first half of the year. According to PG’s Consumer Sentiment Survey, there is a sense of consumer pessimism that highlights the gap between consumers’ views on affordability,…

Industrial property market remained weak in Q2

Rents and prices of all industrial space in Singapore dipped by 0.8 percent and 1.6 percent respectively in Q2 2017 compared to the previous three-month period, according to JTC’s latest Quarterly Market Report. Over the same period, occupancy…

Property tycoons continue to top Singapore’s 50 Richest list

For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at S$12.8 billion this year, while City Developments executive chairman Kwek…

Serangoon North Ave 1 site attracts 16 bids

The tender for a residential plot at Serangoon North Ave 1 closed on Thurs after drawing 16 bids, said URA. Corson and Wingjoy Investment, entities of Keppel Land and Wing Tai, submitted the top bid of $446.28 million…

HDB resale flat prices down 0.1% in Q2

Prices of resale flats fell 0.1 percent in the second quarter of 2017 from the previous three-month period, according to the latest HDB Resale Price Index. Resale flat transactions rose 32.5 percent to 6,001 cases in Q2, from…

Private home prices fall 0.1% in Q2, smallest decline in 15 quarters

Private home prices fell by a marginal 0.1 percent in the second quarter of 2017, compared with the 0.4 percent drop in the previous three-month period, according to latest statistics released by URA on Fri. This is the…

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