Daily Archives: March 28, 2018 (17 Articles Found)

Archives
  • Daily Archives

  •   28
    M T W T F S S
     1234
    567891011
    12131415161718
    19202122232425
    262728293031  
    APPLY

8M Real Estate acquires shophouses and commercial building for $82.5 mil

Property investment and development firm 8M Real Estate has secured nine conservation shophouses and one commercial building at Boat Quay, Circular Road and New Bridge Road, for an aggregate sum of $82.5 million. 8M Real Estate paid $45.5…

Prime retail rents rise 0.5% after 3-year decline: CBRE

Prime retail rents recorded its first rise after 12 quarters. Prime rents of shopping malls along Orchard Road rose 0.5% q-o-q in Q1 2018. “While the increase was minor, it signals a shift in the needle on the…

PSA’s Tan Chong Meng and four other new members join JTC board

JTC will see the appointment of five new board members, including PSA Intl’s group CEO Tan Chong Meng as deputy chairman of the board, MTI said on Wed. The appointments will take effect on Apr 1. Jessie Yeo…

Singapore Heritage Festival to showcase island’s industrial heritage including local sugar factory

Traditional snacks like the South Indian string hoppers, putu mayam, are often served with a generous helping of orange-coloured sugar. The sugar is processed right here in Singapore at the Cheng Yew Heng Candy Factory in Senoko, where…

Mandarin Gardens’ big en bloc aspirations face even bigger hurdles

If all goes according to plan, Mandarin Gardens – a 99-year condominium that sits on a one million sqft plot off East Coast park – is set to become Singapore’s largest ever en bloc deal. The 1,006-unit project,…

Prime office rents rise 3% in 1Q2018

Rents for CBD Grade-A offices rose 3% q-o-q to $9.51 psf in 1Q2018, in the fourth consecutive quarter of positive growth, based on JLL’s preliminary estimates. If the trend continues, rents could reach the previous peak of $10.56…

SMRT increases amount of fare revenue used for maintenance

SMRT has increased the amount of fare revenue collected from passengers that it directs towards maintenance-related expenditure, said the company’s president and Group CEO Desmond Kuek on Wed. Last year, 50 cents of every fare dollar was used…

Competition watchdog accepts commitments by HDB lift parts suppliers after public consultations

The CCS has accepted commitments by two lift parts suppliers – BNF Engineering (BNF) and C&W Services Operations (CWO) – to sell lift spare parts to third-party lift maintenance contractors. CCS has been investigating alleged refusals by companies…

SMRT aims to reduce any train delay to less than five minutes: reports

Train operator SMRT is aiming to reduce any train delays to less than five minutes. Speaking at a press conference on Wed, president and group CEO Desmond Kuek said that SMRT is “gunning for zero safety breaches and…

JTC tenders Woodlands and Tuas South industrial sites

JTC has launched one Confirmed List site at Woodlands Industrial Park E7/E8 and one Reserve List site at Tuas South Link 3 (Plot 19) under the first half 2018 IGLS Programme. This is the third of six Confirmed…

Cut down on use of plastic straws

In the light of Taiwan’s plan to ban single-use plastic items by 2030, there is more that Singapore can do to reduce the use of plastic, especially plastic straws. Plastic straws are frequently used in a large number…

Smart Bus Stop uses no air-con and is energy-efficient

We thank Ms Agnes Sng Hwee Lee for her letter (Old arguments against air-con interchanges apply to bus stops too; Mar 15). The Smart Bus Stop technology was created to address both urban heat and air pollution in…

What PTC considered for new fare formula

The new fare formula retains all the previous macroeconomic indicators, which ensures that actual costs borne by the public transport operators (including inefficiencies) are not directly passed on to commuters. This has worked well to impose cost discipline…

Children hooked by a pastime of old – longkang fishing

Older Singaporeans may have fond memories of catching small fish in a nearby longkang (the Malay word for drain), back when the island was far less developed. It’s still possible to indulge in the pastime here – albeit…

Judy Hsu, Angelene Chan among five new appointees to URA board

URA will see the appointment of five new members – including Standard Chartered’s CEO for Singapore and Asean markets, Judy Hsu, and DP Architects chief Angelene Chan – with effect from Apr 1, 2018. Chairman of the board,…

SPH, Kajima break ground on 680-unit The Woodleigh Residences at landmark Bidadari project

The first private residential-cum-retail development that is shaping up in the new Bidadari estate will offer about 680 residential units and close to 28,000 sqm of retail GFA. The project, being developed jointly by SPH and Japanese developer…

Singapore: (Not yet) a rising green finance hub

The objective of the global green finance movement is clear: to provide the full range of financial services and products to support the transition to a low-carbon world. Two distinct approaches seem to have emerged, with one focusing…

Sign In to Bookmark This Story

Sign In with Google