Daily Archives: April 10, 2018 (19 Articles Found)

Archives
  • Daily Archives

  •   10
    M T W T F S S
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
    APPLY

How easy is it for Singaporeans to fall victim to herd mentality?

It’s a Singapore dream to upgrade from HDB to condo. It’s conventional wisdom to buy properties to accumulate wealth. Everyone is eager to get there. But no one know when is the right time to buy. So when…

Frasers Hospitality’s Capri residence in China Square Central to open in Q1, 2019

Frasers Hospitality will open a hotel residence at China Square Central in the first quarter of 2019 under its Capri brand, to serve what it sees as a growing group of young business travellers worldwide. With a GFA…

From Changi Airport to Esplanade concourse, young dancers make public spaces their stage

It is a flurry of activity every day as shoppers and commuters alike pack the concourse below the Esplanade, brisk-walking from Citylink to the Theatres on the Bay. But they are not alone. Dressed unassumingly in T-shirts and…

Hmlet to launch second co-living building near Newton

Singapore-based co-living startup Hmlet is set to launch its second building named Hmlet @ Sarkies in Singapore, which will see the whole building dedicated entirely for co-living. The 30,000 sqft condominium located at Newton in District 11 will…

Floating garbage can: First Seabin installed in S’pore waters at yacht club

There may not be a severe litter problem in the waters near the Republic of Singapore Yacht Club (RSYC) along the west coast, but a floating garbage bin ended up collecting about 2kg of trash within 24 hours.…

Singapore Chinese High School in talks with MOE over parking fee dilemma

Following MOE’s recent policy decision to impose parking charges at its schools, the Singapore Chinese High School has found itself in a dilemma as it mulls over how to implement the policy, given that some of its teachers…

Tiong Seng ready to build on advantage as early adopter of prefab technology

CIMB Research believes property developer and construction group Tiong Seng Holdings could see improving profitability from its construction business on the back of its early adoption of prefab technology. “The company had started building its own PPVC capabilities…

Construction to benefit from improving demand & shorter cash cycles this year: CIMB

CIMB is maintaining “overweight” on Singapore’s construction sector while remaining upbeat on its outlook for 2018. In particular, the research house prefers specialist civil engineering firms that have established track records for their niche expertise – including its…

Is hospitality REIT sector headed for a multi-year upswing?

CIMB is maintaining its “overweight” on the hospitality sub-sector given expectations of an earlier and stronger than expected recovery in industry RevPAR. Unlike the residential and office sub-segments such which could face higher supply come 2021, CIMB says…

Many other historic moments at Farrer Park

In his letter, Mr Edwin Pang highlighted several firsts in the Farrer Park area (Preserve Farrer Park site for its historic firsts; Apr 3). There are some other episodes in the area’s history that seems to have been…

Minority’s power in collective sales hurts progress

I agree with Mr Gerwin Gerke about the need to re-examine and revise the rules for collective sales (Tweak collective-sale rules to avoid dislocation in market; Apr 5). Strata living must protect private ownership as well as common…

Private condo resale prices in Districts 9 to 11 hit record-high in Mar

The price of private condo resales rose 1.5% from Feb to Mar 2018, SRX Property revealed. According to the flash data, CCR, RCR, and OC) recorded a price increase of 2.2%, 1.3%, and 1.3% respectively. “Overall price index…

Great World City to undergo refurbishment works from mid-Apr

Great World City will undergo enhancement works from mid-Apr, ahead of the opening of the Great World MRT station along the TEL in 2021, according to Allgreen Properties Limited and Great World City on Tues. The works will…

En bloc market to cool around mid-2018 from developer fatigue: Report

The collective-sale market is nearing the peak of its cycle, one year into the boom, with real estate players paying smaller premiums and likely to go for smaller sites, RHB analyst Vijay Natarajan said in a report out…

Casa Meyfort en bloc sale relaunched

The en bloc sale for freehold site Casa Meyfort has been relaunched, Edmund ET&Co said. It was previously put up for sale on Dec 2017 for a reserve price of $340m. ET&Co, citing URA’s flash estimates, noted that…

149 units at Park Place Residences sold at average $2,000 psf

Lendlease’s Phase 2 sales launch of Park Place Residences at Paya Lebar Quarter (PLQ) saw 149 of the final 219 apartments snapped up over two days at an average price of $2,000 psf. This brings the total number…

Rivercove Residences EC oversubscribed 2.5 times

The Rivercove Residences EC in Sengkang has attracted over 1,500 e-applications since its preview launch on 1 Apr, said developer Hoi Hup Sunway on Mon. This translates to an oversubscription rate of 2.5 times for the project’s 628…

Penthouse at Hazel Park sold for $1.67 mil profit

A 2,734 sqft penthouse at Hazel Park Condominium changed hands for $2.8 million ($1,024 psf) on Mar 23. The previous owner reaped a $1.67 million (148%) profit, having paid $1.13 million ($413 psf) for it 15 years ago.…

Le Meridien Singapore on Sentosa put up for sale again

Le Meridien Singapore on Sentosa, formerly known as Movenpick Heritage Hotel Sentosa, has been put on the market. ST understands the five-star hotel came under management of professional services firm PwC Singapore about a month ago. Interested parties…

Sign In to Bookmark This Story

Sign In with Google