Daily Archives: November 14, 2017 (26 Articles Found)

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More space for fintech startups at 80RR

Lattice 80 has recently moved from 80 Robinson Road but the space dedicated to fintech startups at the same location has tripled. For the past year, Lattice80 has built a reputation as a provider of space for fintech…

Install bicycle racks on buses

Singapore’s push to go car-light is laudable, but any effort to discourage the use of private vehicles must be complemented with initiatives that support alternative modes of transport. In this regard, I believe that more can be done…

Khaw praises transport staff, urges SMRT to move on from flooding episode

Urging SMRT staff to view last month’s tunnel flooding that crippled NSL as a “turning point”, Transport Minister Khaw Boon Wan on Tues said the incident could happen to other organisations. He reserved harsh words for the “small”…

Developers to be held to higher standards of accountability

Developers with poor track record may have to fulfil more stringent license conditions to obtain a Quality Mark certification for their projects, or be barred from launching units for sale until the authorities are certain that they are…

More creative use of green spaces for students, families

Last week, NParks officially opened the Jacob Ballas Children’s Garden extension at the Singapore Botanic Gardens, making it the largest children’s garden in Asia. I applaud this move, as I believe it is a creative way of using…

Govt should intervene early to prevent property prices from soaring again

I refer to the report, “Spike in en-bloc sales may not lead to property bubble: Lawrence Wong” (Nov 6). While Mr Wong is right to say that developers are subject to demand-and-supply forces in the market, en-bloc sales…

Comparing Singapore’s newest and oldest MRT lines

At age 30, the NSL is our oldest MRT line, while the DTL is our latest. I asked LTA to make a comparison between the two lines and highlight the differences. Thirty years separate these two lines and…

Supply of private homes to double in next 1 to 2 years: Lawrence Wong

The number of private homes for sale will more than double in the next one to two years, MND Minister Lawrence Wong said on Tues. A large portion of this new injection of supply will come from the…

Otters spotted at Changi Airport tarmac guided out to the beach

A rare sight on the tarmac of Changi Airport on Tues morning when a family of otters was seen scurrying near a stationary SIA plane. “The Airside Safety team was activated to guide the otters safely out towards…

Completion of Lornie Highway postponed to early 2019

Lornie Highway, which will connect MacRitchie Viaduct to Adam Flyover, will be completed later than scheduled due to an extended deadline for public exhumation and the main contractor’s financial restructuring. The new dual four-lane road, which was originally…

New centre to combat cybercrime with shared information from institutions in 9 countries

A new centre launched in Singapore on Tues aims to combat cybercrime and ramp up cyber information sharing among 49 financial institutions in nine countries – Australia, India, Japan, Malaysia, New Zealand, Singapore, South Korea, Taiwan and Thailand.…

8,230 homes launched in Nov BTO and SBF exercise

A total of 8,230 flats were put up for sale by HDB on Tues in its Nov sales exercise. Under the BTO exercise, 4,829 units were launched. An additional 3,401 units were launched under the SBF exercise, HDB…

Hornbills spotted at Commonwealth Crescent

A pair of hornbills were spotted at Commonwealth on Sun, perched near an air-conditioner compressor on the 10th floor. CNA reader Chia Mei Kim saw the birds at around 11.05am outside her unit in Blk 108 Commonwealth Crescent,…

Tree falls along Geylang East Central amid thunderstorm

Strong winds amid a thunderstorm toppled a large tree along Geylang East Central on Tues morning, causing bus services to be diverted. CNA reader Loi Ling Ling said Geylang Methodist Pri School, which her son attends, notified parents…

Delays on NSL due to train fault at Toa Payoh

Commuters on NSL on Tues morning were affected by delays during rush hour, with stations announcing a train fault near Toa Payoh. FB user WB LM posted that he boarded the train at Sembawang before 6.40am and the…

Singtel puts Hill St site up for sale

Singtel has put up its Hill St property for sale through a tender to be conducted by CBRE. Singtel has been granted provisional permission for redevelopment of the property into a hotel project with a plot ratio of…

Building quality with innovation

As a building facade specialist, Seiko Architectural Wall Systems completes the look of buildings by providing and installing building facade components. Building facades do not just improve the aesthetics of a building, but also act as a layer…

Singapore’s property market is set to sizzle

A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018. A Chinese group lobbed a winning record bid for a residential plot,…

PUB to prepare checklist to prevent flooding

Some 100 major construction sites will soon have a checklist from PUB that could prevent flash flooding ahead of the upcoming monsoon season. It will alert contractors to keep to approved drainage plans and practise good housekeeping and…

Singapore property is missing something

Singapore’s housing market is ticking all the right boxes for revival. Except one. Private residential prices are up, quarter on quarter, after almost four years of continuous declines. Land prices are rising, both in government tenders and in…

REITs or physical properties – which one makes a better investment?

Are physical properties or REITs better investments? I have over a decade of experience investing in the stock market, and also have experience buying and selling multiple properties (in addition to writing a property blog), so in this…

5 ways the KL-Singapore HSR will have an impact on Singaporeans’ wallets

I’ll hazard a guess and say that Singaporeans are probably more excited than Malaysians about the KL-Singapore high-speed rail (HSR), which is slated for completion in 2026 and will link Singapore to KL in 99 minutes. Sure, the…

10-month private condominium resale volume beats 2016 total

The resale volume of private condominiums surged by 122% YoY from 658 units in 2016 to 1,461 units in 2017, SRX revealed. According to flash data, the private resale non-landed volume for the first 10 months of the…

Property prices tick up but developers may face difficulty raising prices by much

Amber Park, a 31-year-old freehold condominium in east Singapore, was snapped up at an eye-watering $906.7 million in a collective sale early last month. Real estate industry commentators have now begun to herald in earnest the return of…

Developers must now study traffic impact, propose car-lite measures for en bloc sites

Residential en bloc redevelopment proposals must now include a pre-application feasibility study (PAFS) to assess traffic impact and recommend car-lite measures, LTA and URA said in a circular published on Mon. This follows an increase in applications from…

Overseas mall operator eyes Singapore as gateway to SEA

Singapore has piqued the interest of SM Prime Holdings as a possible entry point for the latter’s expansion elsewhere in SEA, reported ABS-CBN News. On Mon, the owner of the biggest shopping mall chain in the Philippines revealed…

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