Daily Archives: March 5, 2018 (21 Articles Found)

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Prepare for supply avalanche as ageing HDB flat owners die

Our rapidly ageing population is very much in the news, with the ongoing debate in Parliament on the Budget and the impact of an ageing society on public finances. Singapore reaches a population milestone in 2018: The total…

Funding airport development jointly

Reactions to higher departure fees to be charged by Changi Airport, to help fund its expansion, appear to have clouded the strategic imperative of its large-scale development. That is not to imply the cost concerns of passengers (the…

Drones could feature in ‘smart’ airbases of the future

In the RSAF vision of “smart” airbases of the future, drones might take over the checking of runways for damage or be deployed to capture errant drones using a net. Aircraft turnaround time and aircraft engineer workload could…

From foreign mussel to American bullfrog: A guide to invasive species in Singapore

Invasive mussels from the Americas have invaded the Republic’s northern coast, spreading fast and forming dense mats that nature groups fear could have a negative impact on native animals here. What are invasive species, and what harm do…

LTA to have more power to tweak parking provisions in private developments for ‘car-lite’ drive

Motorists of the future will have all the more reason to leave their cars at home, with a proposed change to parking provisions in private buildings that will also free up land for other uses. If the proposal…

Bike-sharing firms worry about costs of complying with new laws

After new laws were proposed to tackle the indiscriminate parking of shared bikes and PMDs, operators expressed concerns over the compliance costs and the impact on business, while transport experts said that errant users are equally responsible and…

Grab a bicycle, as GrabCycle looks set to ride into town

Ride-hailing firm Grab could be making a major foray into the bicycle-sharing industry, two months after it first announced a partnership with homegrown operator oBike. Since then, there have been hints that it could be riding into the…

Airbnb willing to make concessions in Singapore: policy chief

Home-booking company Airbnb is willing to make some concessions on short-term rentals in Singapore in an attempt to appease concerns of the government, a top executive said on Mon. Strict rules in Singapore make the city state one…

Can measures such as QR code parking solve indiscriminate dumping of shared bikes?

The Government on Mon proposed a new licensing framework aimed at tackling the indiscriminate parking of dockless shared bicycles, but there are some users who feel that the measures may be inadequate. In response to CNA’s queries, ofo…

PM Lee replies to turtle museum owner’s eviction appeal in FB post

PM Lee Hsien Loong on Mon morning replied to a FB post by the Live Turtle & Tortoise Museum, which faces eviction from its Chinese Garden premises at the end of the month. “Thank you for your post,…

Co-working spaces: Vibrant communities or a drain on workplace productivity?

When Dr Shravan Verma started his company, an on-demand medical house call service called Speedoc, he chose to do so from a co-working space. “It allowed us to get the outreach we needed in the initial stages,” Verma…

Are you prepared to cross the many hurdles of en bloc sales?

Almost a decade later, the en bloc fever has once again returned. Ten years ago, a number of en bloc sales were called off because the developers were weak and could not raise sufficient capital and loans to…

Tripartite committee to look into workplace safety and health: Sam Tan

Even as Singapore’s workplace fatality rate has fallen to a record low, the country still lags behind other nations and needs to do more to ensure its workers can work in safe and healthy conditions, said Minister of…

QR code geo-fencing, new licensing regime to tackle indiscriminate parking of shared bicycles

The indiscriminate parking of shared bicycles could soon be a thing of the past, after a new licensing regime for bike-sharing operators comes into effect. The changes were part of the Parking Places (Amendment) Bill tabled in Parliament…

Marina Bay Carnival hits 1 million visitors since opening

The Prudential Marina Bay Carnival hit the 1 million visitor mark this past weekend. Occupying an area the size of three-and-a-half football fields at The Promontory and Bayfront Event Space, the carnival – which organisers call Singapore’s biggest…

SingHaiyi aims to build branding as a Singapore company

Singapore-listed SingHaiyi Group is well-aware of industry perception of the group as a foreign-owned developer and hopes to change that with its upcoming residential projects on the collective sale sites that it recently secured. While looking to build…

Inside one of Singapore’s strangest homes

From street level, number 2 Wilby Road in Singapore’s affluent Bukit Timah seems, if anything, nondescript compared to its grandiose neighbours. Foliage tumbles from the front garden over a wooden fence, while an unkempt, once-white pillar modestly bears…

Nicon Gardens up for collective sale at $110m

Nicon Gardens, a strata landed development along Choa Chu Kang Road in District 23, will be launched for collective sale this Thurs, said ERA. Completed in 1981, the property consists of 47 townhouse units and has 62 years…

How likely will your condo be up for en bloc?

The collective sale (en bloc) momentum continues and condo owners are moving fast to catch the wave. Sure, success isn’t guaranteed, but the prospect of becoming overnight millionaires from these en bloc deals has sent many owners scrambling…

A fruitful year of successful landbanking for City Developments

Phillip Capital is reiterating its “accumulate” recommendation on City Developments Limited (CDL). Views of the east coast from Amber Park, which a CDL-Hong Realty JV snapped up for $906.7 million in Oct last year Despite the absence of…

Surbana Jurong eyeing two architectural firms

Consultancy firm Surbana Jurong’s search for acquisition targets to fuel growth has settled squarely on two architectural firms. The deals, which could be announced within a couple of months, could catapult the company into the top 20 engineering…

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