Daily Archives: March 7, 2018 (29 Articles Found)

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Policy tweaks can prevent supply avalanche

HDB should review and tweak its housing policy in order to prevent a supply avalanche as ageing HDB flat owners die (Prepare for supply avalanche as ageing HDB flat owners die; Mar 5). First, HDB should make full…

Glut of HDB resale flats may not materialise

Mr Ku Swee Yong made an interesting case about the impact of Singapore’s ageing population on public housing (Prepare for supply avalanche as ageing HDB flat owners die; Mar 5). After these HDB flat owners die, their flats…

Restrictions on massage parlours not the best way to tackle vice

The authorities’ decision to restrict the operating hours of massage parlours will do more harm to businesses than achieving their aim of reducing vice activities in such establishments. What is the proportion of vice activities in Singapore that…

‘Good day for activism in S’pore’, says MP Louis Ng on rule changes for divorcees to buy subsidised flats

More than three months after a petition led by him was rejected by the Government, MP Louis Ng (Nee Soon) was surprised by Tues’s announcement that divorcees can now buy or own a subsidised flat immediately upon ending…

E-scooter community disagrees on effectiveness of new measures to curb errant riding

With e-scooter registration – along with size and speed limit restrictions – set to kick in later this year, some in the e-scooter community have voiced their disagreement on the effectiveness of the Government’s measures to curb the…

Soho builds LinkedIn for properties

Soho said that it has raised $1.71m to accelerate product development and more than double the team at their Singapore headquarters. It is developing a property discovery and management app for the world’s first online property network. For…

Private condo prices hit record highs

According to OrangeTee Research, private condo prices have surpassed their peaks in the first two months of 2018. “Based on our analysis of caveats lodged with URA as at 01 Mar 2018, the average price of non-landed homes…

Senoko Energy launches retail services for consumers ahead of market liberalisation

Senoko Energy has launched its retail brand for households and SMEs, ahead of the full liberalisation of Singapore’s power market in the second half of this year. This will give consumers access to energy packages that may be…

Major MRT faults remain at record high but overall distance-based reliability improves

The number of major MRT delays remained high last year (2017), even as the distance clocked by trains before faults occurred improved considerably. There were 16 delays which were longer than half an hour each last year –…

People’s Park Complex, People’s Park Centre, Golden Mile Complex and Golden Mile Tower attempting collective sales

Riding on the wave of the en bloc fever, four post-independence landmarks in Singapore, known for their gritty appearances, might disappear from the Republic’s landscape. The fate of People’s Park Complex and People’s Park Centre in Chinatown, as…

Microsoft Singapore launches Surface Store

Microsoft Singapore has opened a Surface Store at the Harvey Norman Millenia Walk Flagship Superstore, featuring the full range of the technology. New devices include Surface Book 2, Surface Laptop and Surface Studio, which will join Surface Pro…

Get ready for industry 4.0

The relentless march of technology, which has disrupted businesses worldwide, is sweeping across the manufacturing sector. It is in the midst of digital transformation, with the rise of automation, the IoT, cloud computing, robotics, big data, cyber security…

Park View Mansions in JLD to be launched for collective sale at $320 mil

The 99-year leasehold, 160-unit Park View Mansions along Yuan Ching Road will be put up for collective sale with an asking price of $320 million on Mar 8. The land rate works out to $1,183 psf ppr, after…

You can now stay in an entrepreneur-only hotel — and pay for it in bitcoin

You’ve heard of co-working spaces, but how would you like to share your sleeping space with other entrepreneurs? That’s the idea behind Tribe Theory, a new “venture hotel” that specifically targets entrepreneurs and start-ups. Made up of capsule…

Singapore budget 2018: Built-environment sector to get leg-up from research funds and Build.SG office

Plans are afoot to raise the capabilities of local construction players by roping in industry and the research community to help transform the built-environment (BE) sector through research funds and helping local firms to internationalise. MND and its…

S’pore a top choice for residential property investment among the ultra wealthy

Singapore remains a favoured destination for property investments among the world’s ultra wealthy, taking fifth spot based on an overall global ranking published in The Wealth Report 2018 by Knight Frank. Among Asian investors, it is the third…

Use of disposables: Change of habits needed for consumers, hawkers

I am heartened by NEA’s new study on “greener” options to plastic bags in Singapore, and to know that concern over the environmental repercussions of consumers’ habits is becoming increasingly mainstream. Aside from the measure to disallow the…

More bike-sharing parking lots needed in industrial areas

The bike-sharing movement has greatly aided transportation for the public since it started a few years ago. Its strengths are that the bicycles are readily available and rental is affordable. These bikes have improved accessibility for them, who…

Assisted living developments to be piloted, nurses and pharmacists to play bigger role

Healthcare services provided close to where people live will undergo a sea change with nurses and pharmacists set to play a bigger role, and the Government studying future housing developments that come with care services for residents. MOH…

First phase of bike-sharing geo-fencing technology trials to conclude by 2019

Two days after a bill was tabled to tackle the problem of indiscriminately parked shared bicycles, Senior Minister of State for Transport Lam Pin Min told the House that the authorities are looking at testing high-accuracy geo-fencing technology…

Khaw Boon Wan shares ‘good news’, ‘bad news’ on MRT re-signalling works

The newly installed signalling system along the MRT network’s NSL has “finally stabilised” and the overall network has been performing beyond expectations, said Transport Minister Khaw Boon Wan in Parliament on Wed. “In fact, NSL should cross its…

Bukit Panjang LRT network to get $344 million overhaul

The Bukit Panjang LRT (BPLRT) network will be given a $344 million overhaul and residents can look forward to smoother, “more reliable rides” from 2022, said Transport Minister Khaw Boon Wan in Parliament on Wed. “The (BPLRT) is…

Cheap public transport fares ‘popular but not sustainable’: Khaw Boon Wan

The public transport fare formula is being reviewed by PTC in the light of rising operating costs, said Transport Minister Khaw Boon Wan in Parliament on Wed. Khaw told the House that the current formula is “inadequate” and…

NParks studying if more time can be given to Singapore turtle museum to relocate

NParks is “further studying the project timeline” for the redevelopment of Jurong Lake Gardens to see if it can give the owner of the Live Turtle and Tortoise Museum “more time to firm up her plans”. The museum…

MOH to build up to 8 new polyclinics by 2030

MOH plans to build six to eight new polyclinics by 2030, Senior Minister of State for Health Lam Pin Min announced during his ministry’s Committee of Supply debate on Wed. Two of these polyclinics are expected to be…

Pre-schools piloting infant and toddler co-sharing spaces

ECDA on Wed unveiled an Industry Transformation Map (ITM) for the sector. It is part of the two-pronged Education ITM, alongside the Training and Adult Education sub-sector launched in Feb. Under the Early Childhood ITM, 12 anchor operator…

Charging airport levy earlier means avoiding large spikes later: Ng Chee Meng

Charging a levy for the development of Changi Airport T5 and Changi East projects before they are operational means passengers will avoid large spikes in fees later on, Second Minister for Transport Ng Chee Meng said in Parliament…

Registration of e-scooters to be made mandatory from second half of 2018

All e-scooter owners will soon have to register with LTA, as well as have identification stickers pasted prominently on their devices, Senior Minister of State for Transport Lam Pin Min announced on Wed. Speaking at the ministry’s Committee…

More MRT early closures and late openings expected this year: MOT

Train commuters affected by the recent early closures and late openings of the NSEWL, will experience more of such instances this year. At the Committee of Supply debates in Parliament on Wed, Transport Minister Khaw Boon Wan announced…

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