Daily Archives: August 3, 2017 (26 Articles Found)

Singapore property market is ‘bottoming out,’ says biggest developer’s CEO

Singapore’s biggest developer, CapitaLand detects signs that the city’s residential property market is “bottoming out” after a run of price declines, CEO Lim Ming Yan said. Many investors are seeing Singapore as relatively more attractive than Hong Kong,…

Bloomberg

Putting in the effort to be good neighbours

Minutes after full-time NS Lee Zhi Pheng, 22, left his HDB flat in Tampines one morning in June, he was in for a rude shock. A WhatsApp message had come in from his mother, with a photo of…

A mosque named after woman merchant and philanthropist

In Singapore, relatively few roads and places are named after women and the same goes for mosques. Hajjah Fatimah Mosque in Beach Road stands out for being one of the few named after a woman. There are only…

Workplace safety is everyone’s job

We read with interest the letters by Ms Dipa Swaminathan (Consider stiffer measures to deter work safety breaches; July 17), Mr Rajasegaran Ramasamy (Developers must get involved in safety meetings too; July 21) and the Commissioner for WSH…

Appalling maze at Tampines Swimming Complex

I had great expectations when I visited the new Tampines Swimming Complex, which opened with much hype last month at the sixth floor of Our Tampines Hub. But I was shocked and disappointed when I came out of…

Correct to exclude re-signalling faults when measuring rail reliability

We thank Mr Chan Yeow Chuan (Biased figures on MRT breakdown rate; July 29) and Mr Tan Shao Yi (Use more meaningful measures in evaluating the MRT; July 31) for their letters on measuring our rail reliability. The…

More action needed to prevent robberies at cash-rich premises, say experts

Two armed robberies in two days in Singapore has prompted authorities and security experts to call on cash-rich establishments to beef up crime preventive measures. On Mon, a man wearing a motorcycle helmet robbed a Shell petrol station…

CNA

Some real estate agents unhappy about PropertyGuru’s impending price hike

Local property search portal PropertyGuru’s (PG) decision to increase prices for property agents to list on its platform has sparked a backlash among some real estate agents. According to a notice PG sent to its subscribers on Jul…

CNA

NEC opens first ‘living lab’ to test solutions for public safety, transportation, healthcare

Japan’s NEC Corp announced on Thurs the opening of its first Advanced Centre for Experimentation (ACE), aimed at facilitating the company’s global R&D capabilities. Operated by NEC Laboratories Singapore, the ACE will serve as a “living lab” for…

Kingsford Construction fined S$130,000 for repeated safety lapses at Hillview Peak worksite

Kingsford Construction has been convicted and fined S$130,000 after it showed “repeated failures and recalcitrant attitude” towards WSH, said MOM on Thurs. MOM said that it had uncovered multiple, repeated safety lapses at the construction firm’s Upper Bukit…

CNA

LTA impounds 278 indiscriminately parked shared bikes, 70 cases in July alone

LTA has impounded 278 indiscriminately parked dockless bicycles since the start of the year, with 70 cases in the last month. The bulk of the impounded bicycles – 212 – came from Obike, while there were 65 cases…

High costs, labour crunch will test Amazon Singapore: Analysts

While it comes with a big reputation, Amazon may struggle to fully replicate in Singapore a business model that has brought the country much success in various parts of the world, experts say. The US-based e-commerce giant has…

LaunchPad attracts more high-tech start-ups

Some 14 per cent of firms based at Singapore’s start-up hub JTC LaunchPad @ one-north have shut down and another 47 per cent have “graduated” and relocated, found a study by NUS Entrepreneurship Centre. The LaunchPad was established…

Singapore Business Review

New lease of life for malls?

The arrival of e-commerce giant Amazon in Singapore last week was one of the worst-kept secrets here. For months, local customers had heard about the American online retailer’s largest-ever warehouse – a 100,000 sqft facility at Mapletree Logistics…

The resale prices of HDB flats fell by 0.6% in July as more flats were sold. According to the latest figures from the SRX property, only the resale prices of HDB 5 Rooms increased, up by a measly…

Singapore Business Review

En bloc sites to continue gaining traction

There is a continued optimism in bids for GLS and en bloc sites, DBS Group Research said. This drive amongst developers comes from the intent to replenish their land bank and ride on a turn in the sentiment…