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

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‘Lightning strike’ near Bedok MRT, train captain warded at CGH

An SMRT train captain has been warded for observation at CGH, after one of the rail operator’s trains was apparently struck by lightning near Bedok station on Mon afternoon. SMRT spokesman Patrick Nathan said that the rail operator…

Town councils given top marks for lift performance in annual report card

In a year with a spate of lift breakdowns, all 16 town councils received top marks on their lift performance in an official report card for town councils. MND released the TCMR for the 2016 financial year on…

Subcontractors owed for T4 works to get back 25% after court approves payout scheme

A group of subcontractors who have been owed payment for their work on Changi Airport’s T4 are set to receive a 25 per cent payout after waiting for more than a year, ST understands. The latest development comes…

RHT Chestertons launches in Singapore with eye on expanding Asian presence

A new property consultancy firm has been launched in Singapore. RHT Chestertons is the result of a partnership between integrated professional services company RHT Wealth Holdings and London-based real estate agency Chestertons. The collaboration will see Chestertons, which…

Mystery of shared bikes left by PIE slip road, as firms face challenges to curb errant parking

When shared bicycles are parked indiscriminately, they are normally strewn about in a residential estate or in places where many people would pass through. So, when 20 shared bicycles were seen parked and dumped near a small forested…

Strategies to reduce food waste

Food composting is a good way of turning our food waste into useful by-products. However, food wastage in Singapore remains a subject of concern. In just 10 years, the amount of food waste generated increased by more than…

Security at airport’s airside needs attention too

Changi Airport’s airside safety team responded appropriately to the family of otters that turned up on site such that airport operations were not disrupted. If more undesirable elements were to follow in the otters’ footsteps, security will be…

Outsource train maintenance to third-party firm

MOT should consider a structural change to the business and management model of SMRT. The maintenance of SMRT trains and infrastructure should be delinked from SMRT and outsourced to a third-party company. SMRT can continue to run and…

Seven banks to allow NETS QR code payments at hawker centres, food stalls

In the first partnership involving all the major players in the cashless payment scene here, customers will be able to pay for kopi at a hawker centre or candy at the neighbourhood minimart using NETS, by scanning a…

MND to review Town Council Management Report indicators

More town councils had a moderate level of estate maintenance issues, while AHTC maintained its “red” banding in corporate governance in MND’s latest TCMR released on Mon. The ministry also announced it would review the current set of…

Government ministers doing ‘all the work’?

I refer to the report, “Khaw ‘deeply sorry’ for first major incident involving new MRT signalling system” (Nov 15). I am really wondering why the Transport Minister has to apologise and not the SMRT management. Is the transport…

Phase 2 of deep tunnel sewer system designed to last 100 years

The second phase of the Deep Tunnel Sewerage System (DTSS) will incorporate innovative features in order for the infrastructure to last 100 years, PUB said on Mon. The features include embedded fibre optic cables for remote monitoring; air…

Fewer people applying for BTO flats, continuing downward trend

Fewer people are applying for BTO flats, continuing a downward trend in the number of applications received for the units. In Nov’s sales exercise, about three applications were received for every two flats, across all flat types offered.…

AHTC says will strive to comply with rules in response to town councils report

AHTC will take remedial action to comply with town council financial rules, it said on Mon, after it was flagged for unsatisfactory corporate governance in MND’s TCMR for FY2016. “AHTC has reviewed our statutory auditor’s comments. We will…

Common Singapore QR code to be rolled out next year

A common SG QR will be rolled out and adopted by payment service providers in Singapore next year, MAS said on Mon. Payment services providers in Singapore have also committed to update their mobile payment apps for consumers…

Pair of Craig Road shophouses sold for S$18m

Recently transacted conservation shophouses for which caveats have been lodged include a pair of adjoining conservation shophouses at 38 and 39 Craig Road. With a courtyard in front, the pair of shophouses were bought for S$18 million by…

Smaller supply of quality units slows shophouse market in H2

The shophouse market is poised for a slower second half after having hit high notes in the preceding two half-year periods. The drop in transaction values comes not from sagging demand, but rather a lack of quality supply…

We must get to root of MRT problems, put it right: PM Lee

The Bishan flooding and Joo Koon collision hurt public confidence in the MRT, and should not have happened. “But they have, and we must learn the right lessons from them, get to the root of the problems, and…

Mayfair Gardens sold en bloc for $311m

The collective sale market continues to thrive, with the latest being Mayfair Gardens, snapped up by listed property developer Oxley Holdings for $311 million. The reserve price was $265 million. Each owner stands to collect a gross sale…

Lift company Sigma still banned from new HDB projects

Lift company Sigma Elevators is still banned from tendering for new projects, said HDB, as its performance has yet to meet the required standards. The update comes nearly a year after HDB revealed it had forbidden Sigma from…

Deliveroo may soon operate a dine-in restaurant

Deliveroo could soon operate a dine-in restaurant in Singapore that serves food to customers at their tables – potentially the first by a food delivery app here, BT has learnt. The London-based food delivery startup, which launched in…

Upgrading from an HDB flat to a condo unit – steps to take

If you’re making the big step to upgrade from an HDB flat to a condo, it pays to know the finer details. Here’s what you’ll have to go through, depending on whether you sell-then-buy, or buy-then-sell.

One simple way HDB could stop your flat being a money trap (but won’t)

Have you ever heard of cash-out refinancing (aka a reverse mortgage)? No? Then chances are you live in an HDB flat, where “cash-out refinance” is an impossibility; you can only do it with private property. The problem is,…

Singapore REITS focus: Best commercial REITS to invest in Singapore 2017

Commercial REITS have been a vibrant REIT segment in Singapore this year. Many analysts are foreseeing an uptick in demand for Grade A office buildings, which would be a source for higher bargaining power for prime real estate…

Loss of $2.57 mil at Turquoise

On Nov 6, a four-bedroom, 2,411 sqft unit on the fifth floor of Turquoise was sold for $3.7 million ($1,535 psf). The price is 41% lower than the $6.27 million ($2,600 psf) that the previous owner paid in…

City Suites sees seven units sold in a week

Balestier has seen a revival of interest with new projects completed in the past few years and many older developments hitching on to the en bloc sale bandwagon. A project that has seen a spike in sales is…

South Bridge Road building to be auctioned off

A five-storey commercial building in South Bridge Road will be put up for sale via auction on 23 Nov at a guide price of $7 million, according to Colliers Intl. The guide price works out to $5,573 psf…

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