Daily Archives: January 26, 2018 (24 Articles Found)

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Private home prices recovered in 2017, occupancies improved, says URA

Private home prices rose 0.8 per cent in the fourth quarter from a quarter ago, bringing the full year increase to 1.1 per cent following a 3.1 per cent decline in 2016. This came even as private home…

Roxy-Pacific and TE2 acquire The Wilshire for $98.8 mil

The Wilshire on Farrer Road was sold to a joint-venture between Singapore-listed property group, Roxy-Pacific Holdings and the privately held TE2 Development for $98.8 million. The purchase price translates to a land rate of $1,536 psf ppr. Given…

‘Hipster’ Pasir Ris hawker centre lets young hawkers grow

When Mr Poh Chee Eng, 28, tried to help out at his parents’ prawn noodles hawker stall in Ang Mo Kio, customers said he was too young to cook. In spite of that, the former civil servant is…

AETOS tapping technology to address manpower crunch

Security firm AETOS has developed a new fire detection system that uses a surveillance camera to spot a fire and raise the alarm before it gets too big. Called the Intelligent Fire Detection System, it uses advanced video…

Timely move to curb e-waste

The Government is mulling over implementing regulations to ensure that discarded electrical and electronic items are recycled and reused. The move comes at a good time as China, the world’s biggest dumping ground, is banning a lot of…

Making Punggol an enterprise district

The masterplan for the 50ha Punggol Digital District, a centre for digital and cyber-security industries generating up to 28,000 digital economy jobs, is nothing if not ambitious. But that is how it should be. Hardware alone cannot create…

Craig Road flash flood: Eateries take it in stride

Wed’s flash flood in Craig Road led to an eatery in the area having to close for an hour to allow rainwater to clear. However, many of the F&B outlets in the area told ST yesterday that flooding…

Retail rents slip 0.5% in Q4 2017, taking full-year decline to 4.7%: URA

Rents of retail space fell 0.5 per cent in the fourth quarter of last year over the preceding quarter. This was a bigger drop compared with the 0.2 per cent quarter-on-quarter decline posted in Q3 2017, data from…

More sightings of critically endangered hawksbill turtles in Singapore

Hawksbill turtles are making a comeback on the Republic’s urban beaches, a sign that things are looking up for these critically endangered reptiles. Eighteen sightings of the hawksbill sea turtle native to Singapore were recorded here last year,…

SMRT to outsource more maintenance work

Transport operator SMRT is outsourcing more non-rail maintenance work to improve the speed and quality of such work. Since Oct’s tunnel flooding at Bishan – which was traced to lapses in pump maintenance – the Temasek-owned company has…

Istana a symbol of Singapore’s independence and sovereignty: Halimah

The Istana stands as a symbol of Singapore’s evolution over the years, President Halimah Yacob said on Fri. “It is a repository for our history and how it has evolved. The Istana started off as a place for…

Slow but good progress towards becoming cashless society

The long awaited news announced on Wed (Hawker centre meals set to be an EZ tap away; Jan 25), reinforced the Government’s move towards becoming a cashless society. Unfortunately, we are something like two decades behind Hong Kong…

JTC awards Tuas South Link site to Soilbuild Construction

The tender for the industrial site at Tuas South Link 3 (Plot 16) has been awarded to Soilbuild Construction Group Ltd at a tendered price of $2.6 million, revealed JTC on Thurs. Zoned for “Business 2” use, the…

Everyone can do their part, as 2018 is earmarked Year of Climate Action

From designating “No Plastic Days” at schools and recycling corners at the workplace, to using reusable shopping bags, educational institutions, organisations and individuals can now pledge to commit to an activity to tackle climate change. As chair of…

Private home prices up 0.8% in Q4 of 2017

Private home prices increased by 0.8 per cent in fourth quarter of 2017, according to latest figures from URA on Fri. The increase is similar to the 0.7 per cent rise in the previous quarter. For the whole…

HDB to launch 17,000 new flats for sale this year

About 17,000 new flats will be launched for sale this year, HDB said on Fri. For the first BTO exercise in Feb, HDB will offer 3,600 flats in Choa Chu Kang, Geylang, Tampines and Woodlands. A Re-Offer of…

Parents seek answers after teen falls to death from sky garden

Don’t worry mummy, I will come back for dinner. Just keep the food for me.” Those were 16-year-old Ng Jun Hui’s last words to his parents, they told ST yesterday, the final day of the teen’s wake. Now,…

3 sent to hospital after ammonia leak at Jurong West factory

Three people were conveyed to a hospital following an ammonia leak at a food distribution company in Jurong West, said SCDF on Fri. In a FB post, SCDF said that the casualties, who were first decontaminated by being…

Warburg-backed REIT, Viva Industrial are said to plan merger

ESR-REIT, which is backed by Warburg Pincus’s Asian logistics venture, is in talks to merge with Viva Industrial Trust to expand its portfolio of Singapore warehouses and business parks, people with knowledge of the matter said. The two…

Price of office space dipped 2.4% in 2017

Prices of office space slightly fell by 2.4% YoY in 2017, compared with decline of 2.8% in 2016. Meanwhile, rentals inched up by 0.4%, compared with the decline of 8.2% in 2016, URA revealed. According to flash data,…

Private homes becoming more sought-after amid forecasted price hike

More people in Singapore are expecting home prices to increase over the next five years, according to PG’s 2H 2017 Consumer Sentiment Survey that was published on Thurs. For instance, 49 percent of those polled are anticipating price…

HDB resale prices could bottom out in 2018

HDB resale flat prices fell by 0.2 percent in Q4 2017 from the previous three-month period. For the whole year, prices dropped by 1.5 percent, revealed more complete data released by HDB on Fri. Resale flat transactions also…

More projects hopping on collective sale train

There appears to be no lack of new projects looking to jump onto the collective-sale train, even as more public tenders have closed without concluding a sale. Goodluck Garden, a condominium along Toh Tuck Road, has launched a…

Cashless payment, healthier choices at Gong Cha’s NUS UTown outlet

Bubble tea chain Gong Cha opened its first fully-automated cashless kiosks yesterday in NUS. Customers can pay by Nets, Nets FlashPay or ez-link card. They can also select drinks made with lower sugar levels based on HPB guidelines.…

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