Daily Archives: August 25, 2017 (33 Articles Found)

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Penthouse at The Edge on Cairnhill sold at $2.2 mil loss

On Aug 15, a 5,673 sqft penthouse at The Edge on Cairnhill in prime District 9 was sold at a $2.22 million loss, according to caveats lodged with URA. The two-storey penthouse with a roof terrace was put…

Renewed interest in ageing mixed-use developments on Orchard Road

The collective-sale fever has returned, and some investors are adopting a long-term position by buying units in ageing, freehold buildings in the prime Orchard Road belt. One building that has become a target of late is Orchard Towers.…

GuocoLand is well positioned to ride the property uptrend

UOB Kay Hian is maintaining its “buy” call on GuocoLand with a target price of $2.80 as the group is a key beneficiary of property sector turnaround and rotational interest. The group is well positioned to ride the…

Developers kept at ‘positive’ by Maybank on resurgent en bloc market

Maybank Kim Eng believes investors’ rising concerns that escalating land prices could lead to a margin squeeze for property developers, are overblown. The recent pickup in new home sales has led to a sharp fall in unsold inventory…

ESR-REIT properties ‘fully compliant’ with fire safety guidelines, says manager

The manager of ESR-REIT has fired back against reports that the REIT’s property at 30 Toh Guan Road may have used materials that did not meet SCDF’s fire safety requirements. A 54-year-old woman died after the industrial building…

Visiting pair of hornbills thrill condo residents

A pair of oriental pied hornbills have been spotted at Country Park Condominium in Bedok, creating quite a stir among residents. First seen there in Jan, the birds are now known to frequent the condo in the late…

How did cladding woes happen despite layers of checks?

The sole Singapore distributor of the cladding material found in 41 affected buildings here had mixed together two different models at its warehouse, SCDF said. The two Alubond models sold by Chip Soon Aluminium, FRB1 and FRB2, carry…

Industrial building in Pioneer begins removal of non-compliant cladding

Workers began dismantling panels of metal cladding at 3, Pioneer Sector 3 on Fri afternoon, following Thurs’s announcement that these panels were not compliant with the Fire Code. SCDF said its investigations had found that 36 buildings were…

Newton Food Centre to get EPS by mid-2018

We thank Mr Ray Teo Guat Choon for his letter (Carpark at Newton Food Centre needs upgrading; Aug 22). We wish to inform him that the Electronic Parking System (EPS) will be implemented at the carpark next to…

Tag crocs with tracking devices to monitor them

There have been several reports of crocodile sightings along the shorelines of Pasir Ris and Changi recently. While many of us want to embrace biodiversity in our country, the safety of people must always come first. Beaches in…

How e-bikes can be made safe

There have been a few deaths already because of e-bikes. These are totally unnecessary. To prevent more accidents and deaths, the Government should look at tightening the rules for e-bike use. My wish list of rules to send…

Easy access to water could help

The move by industry players to reduce the sugar content in their products is good. However, I believe that there could be a more effective way to reduce the consumption of sugar. The answer is water. In Singapore,…

It’s not just about noise from aircraft

Mr Jonathan Tan Hock Guan missed the point in his response (Residents must understand air force’s constraints; Aug 22) to my letter on Aug 19 (Planes flying too low in Punggol). It is not the noise from the…

Anti-litter message not sinking in

Although NEA, HDB, town councils and other relevant bodies have been taking pains to stress that littering is socially unacceptable, the reality is that littering in many parts of Singapore has visibly increased. At Blk 896B in Woodlands,…

Go cashless but also consider service aspects

The idea to go cashless is well and good and is in keeping with what other developed countries in the world are doing. But before LTA goes full steam ahead with its “cashless by 2020” target, I hope…

About cladding and checks

What is cladding? It is a type of “skin” or extra layer on the outside of a building. It can be attached to a building’s framework or an intermediate layer of shafts or spacers. Typically used to stop…

Govt agencies explore e-payment solutions for hawker centres, coffee shops

Four government agencies on Fri announced a joint push to develop electronic payment solutions for hawker centres, coffee shops and other shops in Singapore’s heartland. NEA, HDB, MAS and Smart Nation and Digital Government Office (SNDGO) jointly issued…

Government studying possibility of selling larger land parcels in Jurong Lake District

The government is studying the possibility of putting up larger land parcels in the Jurong Lake District (JLD) for sale within the next few years. “With that, we can create a critical mass of developments once the high-speed…

Part of NTU lecture theatre’s false ceiling collapses

One part of the false ceiling in Lecture Theatre 1, at NTU’s North Spine, collapsed on Mon. Mr Ahmad Abdillah, 24, a final year mechanical engineering student, had a morning class that day. When he arrived, the ceiling…

GSK opens high-tech consumer behaviour lab

Glaxosmithkline (GSK) Consumer Healthcare wants to know what consumers want – why they make the choices they do while shopping and what influences those choices. To this end, the pharmaceutical giant on Thurs unveiled a Shopper Science Lab,…

Singapore’s ‘second CBD’ could see 24-hour business operations: Analysts

The upcoming Jurong Lake District, which is slated to be the second CBD here, could be more bustling than the first, said property analysts on Fri. Businesses within the new district – which also includes the future Singapore-KL…

Sunseap inks 25-year deal to supply solar power to ST Kinetics

Homegrown sustainable energy provider Sunseap Group said on Fri it will supply solar power to ST Kinetics, the land systems and speciality vehicles arm of defence contractor ST Engineering, under a 25-year agreement. Under the deal, Sunseap will…

Pavilion Gas secures two-year storage deal at SLNG terminal

Pavilion Gas, the wholly-owned unit of homegrown Pavilion Energy, has secured rights to use storage facilities at the Singapore LNG (SLNG) terminal, a move that supports a higher volume of LNG trading activities and boosts the Republic’s position…

Combustible panels still a risk despite fire safety measures: Experts

While having safety mechanisms in place would help to prevent a fire from spreading, the presence of combustible cladding in buildings still serves as a potential hazard and exposes those working or living there to danger, said experts.…

Building owners vow to replace substandard cladding

Owners of buildings found to have fallen short of fire safety standards said that they would take steps to comply with regulations and replace the improper materials, with one thinking of taking action against the contractor. The external…

Public feedback sought for Jurong Lake District master plan

A public exhibition has been launched to showcase how the Jurong Lake District, the Republic’s second CBD, can be a car-lite, community-centric district, where public transport is seamlessly connected. Opening the exhibition on Fri, MND Minister Lawrence Wong…

4 things you didn’t know about property valuations in Singapore

In a perfect world, I’d be buying homes for a dollar and selling them off at a million each. But hey, this isn’t the land of make believe. We have property valuations to prevent people from overpricing their…

5 condos with the most awesome views in Singapore

Take our word for it – in the concrete jungle Singapore is, it isn’t easy finding a condo with awesome views. However, if you’re living in a place with a view as jaw-dropping as the ones we’ll be…

JLL launches high tech property monitoring system

JLL announced on Thurs that it has launched a new service known as Command Centre, which provides property owners and tenants with advanced analytics and key info for real-time remote monitoring of buildings and facilities. This high-tech monitoring…

Upgraders dominate the housing market, says Wing Tai

A “strange phenomenon” has occurred in the housing market, in which home upgraders dominated the market, while foreign buying and speculative investment remains suppressed. The phenomenon comes as upgraders pushed prices in new townships and traditional areas nearer…

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