Daily Archives: October 20, 2017 (27 Articles Found)

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DTL3 will be ‘game-changer’ for residents in the east: Khaw Boon Wan

The final stage of the DTL will be a game-changer for residents in the east of Singapore, said Transport Minister Khaw Boon Wan. Speaking at the opening ceremony of DTL3 at Expo Station on Fri, Khaw thanked the…

More checks after attack by wild boar outside condo

The authorities will step up surveillance in the Bukit Gombak area after a resident was injured in a wild boar attack outside a condominium at 25, Hillview Ave yesterday. ST understands that the man was walking towards Hillview…

Study: Changi Airport, SIA facing more flight delays

Changi Airport and SIA experienced more flight delays this year than last year, though the airport did much better than many other major hubs, including those in Hong Kong and South Korea. Changi Airport’s performance slipped from 83.5…

Consider having leasehold niches in columbaria

The plans for a new burial option at government-run facilities by NEA could be problematic. Turning the Botanic Gardens into a garden of remembrance would risk downgrading the national landmark. A multiracial and multi-religious society should have peaceful…

Car-lite parking concept innovative but impractical

The idea of having one parking space for every two residential units is an innovative but impractical idea (Three new housing precincts aim to be car-lite, more green; Oct 17). The current norm of one parking space per…

Replace zebra crossings with signalised pedestrian crossings

On Oct 9, I was at the zebra crossing near the exit of AYE to Alexandra Road. I raised my hand to signal my intention to cross. A van driver in the left lane stopped for me. But…

Drivers not giving way at zebra crossing

I would like to bring LTA’s attention to a zebra crossing in front of West Mall on the side of Bukit Batok Central. Every day, many people use this zebra crossing to get to the mall and back.…

Floating solar farms at reservoirs will disrupt ecological balance

Covering our reservoirs with solar panels would be an ecological mistake (Floating solar farms at reservoirs a powerful idea, by Mr Paul Chan Poh Hoi; Oct 16). Most people see only the calm surface of our reservoirs but,…

Impose a tax on every commercial shared bike

To the extent that commercial bike-sharing enables the substitution of vehicle ownership and use, it can potentially generate what economists call positive “externalities”, in the form of reduced environmental pollution and congestion that benefit society at large. However,…

Award govt contracts to manage bike-sharing

Innovative technology has made bike-sharing possible. But it has resulted in the problem of littering in Singapore, with thousands of bikes left all over the place. We need to regulate this industry before it gets out of hand.…

5 men detained for entering restricted area at Sentosa to fish

Five men have been detained for trespassing into a restricted area at the utilities bridge along Sentosa Boardwalk. These were two separate incidents – on Oct 18 and Oct 20 – said the police on Fri. The police…

PTC to review fares incurred when switching between MRT stations, says Khaw

PTC will review rules for fares incurred by commuters when they exit train stations to transfer from one line to another. Speaking at the opening ceremony for the DTL 3 on Fri, Coordinating Minister for Infrastructure and Minister…

Singapore’s first long-span wind turbine installed at Semakau Landfill

Singapore’s first long-span wind turbine was installed at Semakau Landfill on Fri. At 14 storeys high and with three 10.5-metre long-span rotor blades, the turbine can produce enough energy to power 45 four-room HDB units a year, NTU…

Open Electricity Market extended to households, businesses in Jurong from Apr

From Apr next year, households and businesses in Jurong will be able to buy their electricity from a retailer. This soft launch of the Open Electricity Market will “provide consumers with more choices and flexibility”, EMA said on…

Singapore rated APAC’s top location for data centres: Study

Singapore continues to be APAC’s top location for operation of data centres, according to a report released by Cushman & Wakefield on Thurs. The study by the real estate services company placed the city-state as the most robust…

Fewer water pressure complaints by HDB residents, but problems persist

While the average number of complaints the PUB receives on low water pressure in HDB flats has gone down in recent years, the problem still plagues a number of residents. PUB told CNA in Sept that over the…

More fire safety measures needed as population ages: MPs

Mdm Khatoon Mazman lives alone in a studio apartment. Her children have homes of their own, but the 74-year-old is very independent, doing many of her chores and errands by herself. Come 2030, one in four people –…

SRX operator sues major consultancies over its valuation service

Various property consultancies JLL, Knight Frank, Edmund Tie & Co, CBRE and Teho Property Consultants have become embroiled in the outstanding lawsuit filed by StreetSine against the Singapore Institute of Surveyors and Valuers (SISV). Since an original writ…

HDB’s new online resale portal heralds disruption

Real estate agencies and valuers see the start of digital disruption rocking the sector with HDB’s introduction of a new online resale portal that will substitute many of the current offline processes in a resale transaction. The public…

NETS launches mobile wallet app today

E-payment stalwart NETS is launching its mobile wallet app today – paving the way for millions of ATM card users here to make NETS payments with just their phones. Observers say the move by the e-payment provider is…

Wong Li Lin’s new role: Public servant

She cleaned up the streets of criminals as Inspector Elaine Tay in the 1990s drama Triple Nine. Now, in her new job, former actress Wong Li Lin is spearheading the drive to improve hygiene standards in Singapore. She…

Investing in REIT ETFs listed in Singapore: 5 things you need to know

In the past, we’ve talked a lot about investing in REITs as well as investing in exchange traded funds (ETFs). Here, we look at an increasingly popular investment combining these two types of investments – REIT ETFs. In…

Soilbuild REIT grabs $200m loan facility from OCBC, RHB

Soilbuild Business Space REIT (Soilbuild REIT) secured a $200m loan facility from OCBC and RHB. $185m will be used to fund a secured loan in Oct 2017, whilst $15m will be available for general corporate purposes. The facility…

Florence Regency sold for $629m in collective sale

The 336-unit Florence Regency development at Hougang Ave 2 has been sold to Hong Kong-listed developer Logan Property for $629 million, JLL said on Fri. This is the first collective sale attempt by the owners of the privatised…

Family home in Sentosa Cove for $17 mil

The Pawley family count themselves among the pioneer residents in Sentosa Cove, Singapore’s waterfront luxury residential enclave. “In Jan, we would have lived here for 10 years,” says Mrs Sharon Pawley. Being the first to move in had…

Prof who wears many hats

Yu Shi Ming, an associate professor at NUS’s Department of Real Estate, has been a don for more than 35 years. He is fondly called “Prof” by his former students, even though some of them are already middle-aged,…

How Singapore’s property market is primed for a ‘perfect squeeze’

Deutsche Bank is positive on Singapore’s property market as it expects pricing power to return to developers. This comes on the back of record low unsold inventory plus the withdrawal of supply over the next 12 months. As…

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