Daily Archives: March 20, 2018 (27 Articles Found)

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Paya Lebar Quarter to house CBRE’s new office

CBRE announced on Mon that its new national office in Singapore is taking shape at the $3.2 billion Paya Lebar Quarter (PLQ). The 31,000 sqft campus will house up to 600 of its employees. In designing the new…

Blaze on Pulau Busing oil storage tank put out after 6 hours

A raging blaze involving an oil storage tank on Pulau Busing, an island off the south-western coast of Singapore, was finally extinguished early on Wed morning after a six-hour firefighting operation. SCDF tweeted at around 1.45am that firefighting…

2-envelope government land tender for Holland Village site draws 15 bids

A government tender for a plum 99-year leasehold commercial and residential site in Holland Road closed on Tues, attracting a total of 15 bids. Some developers have placed multiple bids with different concept proposals for the site. Under…

Will Sim Lim Square be the next en bloc gem?

Sim Lim Square used to be famous for all the right reasons. These days though, mention the mall and all you’ll hear are bad Jover Chew jokes. That probably explains why so many store owners are willing to…

Eagerly awaiting tough short-term rental rules

I am sorry to hear that the New Zealand family’s holiday in Singapore got off to a bad start, no thanks to Airbnb. Airbnb seeks to change the hospitality world by luring unsuspecting tourists, like this family, into…

Govt should penalise enablers like Airbnb

While the recent trouble faced by a family from New Zealand over an Airbnb rental and the convictions of two private home owners for renting their apartments out on short-term rentals signal the Government’s efforts to clamp down…

NLB working at creating spaces that cater to all

We thank Mr Sean Lim Wei Xin for his feedback that the National Archives of Singapore’s (NAS’) Archives reading room facilities should be made available at the Lee Kong Chian Reference Library and public libraries (Make National Archives’…

Convert old blocks into hostels to meet demand for short-term leases

The incident of the New Zealand family being denied access to their Airbnb rental raises the question of why short-term listings for Singapore apartments remain available for booking on the website despite it being illegal. Broadly speaking, I…

Adopt a risk mindset to create safe workspaces

I would like to commend ST for highlighting the importance of workplace safety (Taking workplace safety personally; Mar 16). Vision Zero – the mindset that in which all injuries and illnesses are viewed as preventable – cannot be…

Graffiti found scrawled on Sembawang carpark walls, police investigating

Graffiti was found scrawled on the walls of a multistorey carpark in Sembawang over the weekend, with the town council filing a police report. Photos of the graffiti, published in Shin Min Daily News on Tues, show Chinese…

Carbon tax bill passed amid concerns over its impact on competitiveness

A bill to introduce carbon tax in Singapore was passed in Parliament on Tues. The Carbon Pricing Bill sets out a framework for implementing the carbon tax, including the measurement, reporting and verification requirements. These large emitters will…

No plans to phase out gantry-based parking with Parking.sg app: MND

More than two million parking sessions have been logged by about 250,000 vehicle users on local parking app Parking.sg since its launch in Oct last year. The numbers were revealed by MND, in a written parliamentary response to…

Changi Airport to channel part of its profits into two funds

Changi Airport will soon have to park part of its annual profits in two funds, as part of the Government’s plans to ensure enough resources to deal with aviation crises and support future expansion. CAG will have to…

New child protection centre offers Safe Space for domestic abuse victims

On Tues, Safe Space was officially opened. It is the third child protection specialist centre set up by MSF and is run by Pave, a family specialist centre. The other two centres are Big Love run by Montfort…

Iconic landmarks in Singapore to light up in blue for World Water Day on Thurs

From Gardens by the Bay to RWS, 10 iconic local landmarks will light the sky up in blue to mark World Water Day on Thurs. PUB said on Tues that the light-up, which will begin at 6.45pm, is…

Sun 7pm at Singapore’s mini Chongqing, the most underrated part of Chinatown

Long-time arts stalwart Benson PuForget the lame decorations and overpriced Chinese restaurants along Pagoda St and Temple St; these are just tourist traps for the unsuspecting who rely on TripAdvisor’s reviews. The real Chinatown is situated on the…

Black Tap Craft burgers heading for Singapore

New York’s Black Tap Craft Burgers & Beer is about to make its Asian debut at Singapore’s MBS. Paying homage to the great American luncheonette experience, it will offer classic craft burgers, craft beers and its colourful CrazyShake…

Shared-bike users caught parking indiscriminately more than 3 times a year will face collective ban

Users caught for parking their shared bicycles indiscriminately more than three times in a year will be banned temporarily from renting from all bike-sharing operators, following amendments made to the Parking Places Act passed on Tues. The new…

350 roadside vegetation fires per year, mostly caused by cigarette butts: MHA

Between 2014 and 2017, SCDF attended to about 350 roadside vegetation fires annually, with most of these caused by cigarette butts, said Second Minister for Home Affairs Josephine Teo on Tues. She was responding to a question in…

Yvonne Tham to take over as CEO of Esplanade from Aug

Esplanade’s assistant CEO Yvonne Tham has been named the successor of current CEO Benson Puah, the company announced on Tues. Esplanade said Ms Tham will be appointed CEO-designate from Apr 1, and take over the role from Mr…

S-REITs are bottoming out

DBS Equity Research analyst Derek Tan noted that S-REITs are nearly hitting the bottom as flows expected to return to S-REITs. “We recently brought a group of Singapore REIT managers to an investor conference in Korea and Japan,…

High-end private home yields dropped to 2.78% in Q4

This chart from Knight Frank shows that average gross rental yields for the high-end and mass-market segments declined in Q4 2017 to 2.78% and 3.2% respectively. The decline was the largest for the high-end market segment, with a…

Singapore is still Asia’s top ranked city for quality of living but where’s the improvement?

Singapore has once again bagged the title of Asia’s highest ranked city in terms of quality of living over the past 12 months, based on findings from Mercer’s 20th edition of its Quality of Living survey. At the…

How bridging loans can help en bloc sellers

Owners of residential projects sold in the current en bloc hype are being advised to quickly secure a replacement property with the help of bridging loans, as housing prices continue to recover. “You do not want to wait…

Ole Scheeren’s DUO harmony

Ole Scheeren, principal architect of his eponymous architectural firm, looked impeccable in a dark suit and crisp white shirt as he emerged from DUO Tower, part of an integrated development on Beach Road, which he designed. The $4…

Singapore ranks first in Asia again, 25th globally for quality of living: Mercer survey

Singapore has come in 25th globally and retained its position as the Asian city with the highest quality of living, according to HR consulting firm Mercer’s 20th annual Quality of Living survey. Using data analysed largely between Sept…

Paper model shop floods twice before opening

Two weeks before Mr Lim Kim, 29, could open his first shop, the unit was flooded twice by water flowing out of the sewage drain in the toilet. The flagship shop for paper model company Ninetyninestates, which is…

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