Daily Archives: February 1, 2018 (21 Articles Found)

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Housing rental market to stabilize in 2018

The private residential leasing market may continue to remain weak, but there are signs that it could stabilise this year, says Nicholas Mak, executive director and head of research & consultancy of ZACD Group. For the whole of…

Chip Eng Seng awarded $168 mil contract from HDB

On Jan 31, Chip Eng Seng Corporation announced that its subsidiary was awarded a design and build contract from HDB, worth $168 million. The contract will involve the design and construction of residential buildings, community services and carparks…

Frasers Centrepoint rebranded as Frasers Property

Even as the group continues to grow its global real estate portfolio, group CEO Panote Sirivadhanabhakdi reaffirms that Singapore remains a core market. Since taking the helm as group CEO of Singapore-listed property group Frasers Centrepoint in October…

Use of fitness tracking devices does not pose added security risks: Mindef

The information derived from fitness tracking devices can be obtained from other open sources in a city-state like Singapore and does not pose any added security risks, said Mindef on Fri. A Mindef spokesman noted that Mindef and…

SMRT appoints 3 new officers to boost rail operations, maintenance

Transport operator SMRT has appointed three new executive officers in a bid to “strengthen” its focus on rail operations and maintenance. In an internal memo on Thurs seen by CNA, SMRT announced the appointment of Mr Alvin Kek…

Regulations to be introduced to reduce e-waste here: Masagos

In a bid to encourage recycling and reduce e-waste here, the Government will make it mandatory for producers and importers of electronic products to collect and recycle a certain amount of e-waste from consumers. These companies will have…

Once touted as the next big green thing, CNG vehicles have had a bumpy ride

Back in 2001, the authorities embarked on a push for CNG vehicles to ply Singapore’s roads. But less than two decades later, such vehicles are a rare sight on the island despite some promising signs initially. A lack…

Granny rents out flat to newlywed grandson for 1 year, returns to find home cleared out

An elderly woman rented out her flat to her newlywed grandson, only to discover that her home had been cleared out after returning nearly a year later. In a fit of rage, the 79-year-old woman called the police.…

Measures planned to ease congestion at Outram Park MRT station linkway: LTA

LTA will be working closely with train operators SMRT and SBS Transit to ease the crowd congestion at the linkway between EWL and NEL at Outram Park MRT station. A number of measures, such as installing additional directional…

Wee Hur awarded $43 mil construction project at Dover Ave

Wee Hur Holdings’ wholly-owned subsidiary Wee Hur Construction has been awarded a $43.0 million construction project from The Diocese of Singapore and St Andrew’s Mission Hospital. The project comprises the erection of a nine-storey nursing home and a…

Occupancy cap for rentals of 4-room, larger HDB flats to be reduced to 6 persons

From 1 May, the occupancy cap for 4-room and larger HDB flats being rented out will be reduced to six persons, from the current maximum of nine persons, said HDB on Thurs. “The changes seek to minimise disamenities…

Singapore’s property market in an early recovery? Here’s what we think

Overall transaction volumes are at their highest levels since TDSR was introduced mid-2013, and resale transactions surged 71.8% in 2017, as compared to 2016’s figures. Volumes are expected to remain robust in 2018 due to a large expected…

OUE Commercial REIT kept at ‘hold’ as office performance improves

OUE Commercial REIT (OUE C-REIT) overall portfolio occupancy improved to 96.8% at end-4Q, with a higher take-up across all of its properties. Meanwhile, occupancy for the REIT’s properties in Singapore has been rising with OUE Bayfront retaining high…

Cadbury and Oreo maker Mondelez opens global innovation hub in Jurong, its first in Asia

The world’s No 2 confectionary company, Mondelez Intl, opened on Thurs a state-of-the-art facility in Jurong that will focus on innovation and developing new products and technologies for some of the company’s iconic gum and candy brands like…

Singapore’s mountain of e-waste

In the 10 minutes you take to read this article, roughly 1,141kg of electrical and electronic items would have been thrown away by people and companies across Singapore. That is the weight of around 7,610 mobile phones. In…

SCDF forms advisory panel to look into building cladding fire safety

SCDF has formed an advisory panel to review fire safety regulations and certification processes relating to the cladding of buildings. The 13-member panel will provide industry feedback to SCDF’s recommendations and assist in the implementation of recommendations arising…

Technology can improve water sustainability, but social attitudes still matter

In resource-scarce Singapore, water sustainability matters, particularly with increasing demand for clean water as the population as well as commercial and industrial sectors grow. PUB has contributed towards building a sustainable, water-secure Singapore by tapping on technology to…

Singapore property rebound has Frasers’ CEO chasing more land

Singapore’s property rebound has the son of Thai billionaire Charoen Sirivadhanabhakdi chasing more land in the city-state, adding to signs the market is emerging from a four-year slump. Frasers Property in Dec paid S$955.4 million for a residential…

QR code push: Customers can still pay with cards

We thank Ms Annie Ng Lee Hoon for her letter (Use of QR codes preferred; Jan 29). Nets introduced QR code payments at hawker centres in Sept last year, and we are pleased with the positive response to…

Charging for trays can help change attitudes

It is sad that we have come to this – charging customers a deposit that will be forfeited if they do not return their trays at hawker centres. Despite much education and the provision of tray-return racks at…

Tweak bike sharing to boost last-mile connectivity

Bike-sharing schemes could be a positive disruptive influence by improving public transport accessibility, especially at the “last mile” between the transport hub and the commuter’s final destination. However, more complaints have been heard than accolades. These include how…

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