Daily Archives: March 9, 2018 (22 Articles Found)

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Hotel room supply to increase 1.2% in 2018

Are Singapore hotels finally having their own holidays? The 1.5% decline in Singapore hotels’ RevPAR in 2017 is softer compared to 4.7% and 5.3% dips for the whole of 2016 and 2015, respectively. Meanwhile, average occupancy rate grew…

Goodluck Garden sold to Qingjian for S$610m

Goodluck Garden, a 210-unit residential development along Toh Tuck Road, has been sold collectively to the Qingjian Group of Companies for S$610 million. This is the second largest en bloc deal to be awarded this year, after Park…

Sembawang, Punggol sports centres ready by 2021

The sporting landscape in Singapore is set to transform further as MCCY rolls out more plans to create a more vibrant and thriving scene. In her speech during the debate on her ministry’s budget in Parliament, MCCY Minister…

Circuit Rd hawker centre closed for repairs after fire

A hawker centre in Circuit Road was closed for urgent repairs yesterday after a fire broke out at a food stall in the early morning. Marine Parade Town Council said in a notice to patrons and stallholders that…

Significant HDB help for divorcees

With the backlog of flats for new families mostly cleared, HDB has turned more of its attention to other groups. This week, it reversed a policy introduced 21 years ago to prevent couples from gaming the system and…

Town councils to engage residents before prosecuting them for offences: State Courts

The number of cases where residents were hauled to court under the Town Councils Act have more than doubled in the last three years, and this has led the State Courts to put out new measures to help…

More than 50 parking zones for shared bikes at JTC industrial estates

We thank Mr Fadzly Othman for his feedback and suggestions on improving the bicycle-sharing experience at industrial areas (“More bike-sharing parking lots needed in industrial areas”; Mar 8). JTC continually looks at new ways to enhance the connectivity…

Grab unveils bike- and scooter-sharing app in salvo against Mobike and Ofo

Grab is about to launch an app that will allow consumers to hire bicycles and electric scooters from a variety of providers. GrabCycle Beta will integrate offerings from oBike, GBikes, Anywheel, and Popscoot. It will be piloted on…

Grohe’s new Singapore store is a world’s first – see why it’s in the same league as brands like Apple and BMW

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Luxury homes don’t have bathrooms. Instead, they have spas for bubble baths and controlled pressure massage showers. If you can’t imagine having top-notch spa facilities in the comfort of your own home, sanitary fitting brand Grohe wants to…

Regulate e-scooters, review bike-sharing: It’s about time

One phrase sums up this year’s post-Budget initiatives for transport: It’s about time. The Government has announced plans to overhaul the Bukit Panjang LRT (BPLRT), license e-scooters, and tighten regulatory control on bike-share companies and private-hire operators –…

E-scooter rider given maximum $2,500 fine for injuring boy while two others face similar charges

An electric scooter rider was given the maximum fine of $2,500 on Fri after he admitted hitting a boy while riding the e-scooter in a negligent manner. This happened when logistics manager Qin Jian, 32, was riding near…

Australia’s Oporto to launch in Singapore

Chicken franchise Oporto has partnered with Aura Group to fuel its Asian expansion plans. After signalling the company’s intention to move into Singapore late last year, Oporto CEO Craig Tozer said he’s confident the brand is well-positioned for…

Government’s property cooling measures will prevent housing bubble from forming

President and CEO of CapitaLand, Lim Ming Yan, reportedly said in Feb that following a pickup in home sales, Singapore housing prices may rise as much as 10 percent in 2018. A housing bubble though is unlikely. Mr…

I drove a BlueSG electric car, and sadly the future isn’t here

On the road in the sweltering Singaporean heat, a car is supposed to provide cool respite for its passengers. Yet I find myself sweating profusely in the driver’s seat of a BlueSG electric car, which is both ridiculous…

Court dismisses PG’s copyright infringement case against 99.co

Property listing portal PropertyGuru’s (PG) copyright infringement case against rival 99.co was dismissed by the High Court on Fri, with the judge ruling that the copying and editing of an image does not amount to a copyrighted work.…

Eunos Mansion sold collectively for $220 million

The freehold Eunos Mansion has been sold collectively to a subsidiary of Fragrance Group for $220 million, according to Cushman & Wakefield which brokered the deal. This is slightly higher than the reserve price of $218 million. The…

Phase 1 of Nim Collection to be launched at average of S$2.8-S$3m

As the first developer to launch its private residential project this year, Bukit Sembawang Estates is releasing 30 out of 47 units in Phase 1 of its landed development, Nim Collection, with an average price of S$2.8 million…

Koh Brothers unit wins bid for Toho Mansion in Holland Village

KBD Ventures, a subsidiary of construction and property developer Koh Brothers, has won the en bloc tender for Toho Mansion along Holland Road for S$120.43 million or around S$1,805 psf ppr. It sits on an elevated site next…

Shared bikes could pose a security threat

Recently, I have been noticing more shared bikes being parked or left near places where many Singaporeans gather. After the 9/11 attacks, the roadside parking area outside the American Club was removed because of security issues. Today, if…

Grab customers can soon rent bicycles, e-scooters through single app

Local ride-hailing firm Grab announced on Fri an upcoming marketplace app that allows customers to rent bicycles and e-scooters, in a move that marked its official foray into the shared bike and PMD space. For a start, GrabCycle,…

Beware QR code loophole, consider other measures to improve active mobility drive

I fully support the actions taken recently by LTA to license the bike-sharing operators and to implement mandatory registration for e-scooters. These actions should go some way to tackle irresponsible users. However, I would like to highlight one…

Will Singapore head into a housing bubble soon?

Half a decade has passed since Singapore’s last housing bubble in 2010-2013. In 2017, the property market was abuzz due to record-high bids for properties that weren’t witnessed in years. As prices are expected to trend even higher…

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