Daily Archives: April 24, 2018 (27 Articles Found)

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Data: At the Centre of Smart Nation, Singapore

JTC launches two sites in Tuas South Link 3

JTC launched one Confirmed List site at Tuas South Link 3 (Plot 26) and one Reserve List site at Tuas South Link 3 (Plot 20) under the first half 2018 IGLS Programme. These are the fourth of six…

Home is where the tools are: Geylang East Industrial Complex

Ask Ms Wong Siew Lin how she managed to raise four children while managing her husband’s business, and the 61-year-old will simply ask you to visit her workshop at Geylang East Industrial Complex. Roughly the size of a…

HDB flat buyers would pay 3% more for a greener neighbourhood

The presence of green spaces can bring up the value of a public housing apartment, and on average, people would pay 3% more to live in a greener neighbourhood. This is according to a study by Mr Richard…

HDB chief refuses to answer question on urban planning principle behind higher population density

What is the urban planning principle behind the higher population density plans? HDB chief today chose not to answer that question. At Dr Cheong’s 3rd IPS lecture today, I asked her the following question as a representative of…

Insufficient signs on roads to remind drivers of speed limits

The recent reports of tragic accidents on our roads raise the issue of road safety and the speeding culture of drivers here. The speed limit of all roads in Singapore is 50kmh unless otherwise stated and or if…

Do away with discretionary right turns

I read with dismay about the accident that resulted in the death of a 19-year-old woman last Thurs. One important contributing factor in this and many other accidents is that drivers in Singapore are allowed to turn right…

Implement red arrow at all right turns

There are two types of right-turn arrows at traffic junctions in Singapore – one that shows only a green arrow and another that shows both red and green arrows. I hope that the authorities will consider implementing both…

Green man light doesn’t mean it’s safe to cross

I agree with Mr Lim Kong Hiong (Rethink how right turns are regulated; Apr 23). Speaking from the viewpoint of a pedestrian and a mother with young children, I do not like the current right-turn rule too. Every…

Various options for seniors to monetise HDB flats

We thank Mr Ronnie Lim Ah Bee for his letter (Seniors facing problems selling old flats; Apr 3). The saleability of an HDB flat is dependent on many factors and not just the length of the lease. Other…

Reduce interaction between animals and zoo visitors

I was saddened to read that Inuka the polar bear will be put down if its health continues deteriorating. The news serves as a reminder of how welfare for animals has progressed in Singapore. There have been debates…

Living density different from population density

We refer to Mr Cheang Peng Wah’s letter (Alarmed by population figures; Apr 20). HDB CEO Cheong Koon Hean’s lecture was about how Singapore can anticipate its urban future and develop “liveable density”. The figures cited were, hence,…

Neighbourliness lost in divisive collective sales

These days, it is impossible to live in Singapore and not be aware of the en bloc fever raging across the nation. As media reports have suggested recently, we may be at the peak of this cycle, as…

Living in the gaze of the Smart Nation and its sensor-enabled lamp posts

Someone remarked to me the other day that to call the ubiquitous device that is never far from our hands a “smartphone” is a bit of a misnomer, given that we mostly use it for every purpose other…

Next chief has work cut out for him

Public transport is a challenging portfolio because an essential service is involved, high standards have been set for it, and consequently public expectations are also high. In the case of running Singapore’s trains, there is the considerable baggage…

New EWL signalling system to undergo full-day tests from Sun; daily tests from late May

For five Sun from this weekend, the new signalling system on EWL will be put through the paces during service hours for the first time. The Sun trials will wrap up on May 27, and daily trials will…

ESR-REIT to undergo a soft 2H18, but valuations remain attractive: CIMB

In a Mon report, CIMB’s lead analyst Yeo Zhi Bin explains that his previous estimates were overly-optimistic on the REIT’s NPI margin, which came under pressure during 1Q due to new units issued under the REIT’s recent preferential…

ESR-Reit buys Tampines logistics facility for S$95.8m

ESR Funds Management announced that ESR-REIT is acquiring 15 Greenwich Drive, a modern ramp-up logistics facility, for an estimated purchase price of $95.8 million. Upon completion of the acquisition, the REIT’s exposure to the logistics/warehouse sector would increase…

MBS toilets first in Singapore to be awarded 6-star rating

Six toilets at The Shoppes at Marina Bay Sands (MBS) have received the six-star rating from the Restroom Association of Singapore – the first toilets in Singapore to be awarded its top rating. The association had introduced the…

Data: At the Centre of Smart Nation, Singapore

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Singapore’s Smart Nation initiative was launched in 2014 with the bold ambition of harnessing technology and big data to improve lives, create economic activity and build a closer community. From healthcare to public security to the convenience of…

SLB Development, Oxley bag freehold Pei Fu Industrial Building in S$76.25m collective sale

Newly-listed SLB Development announced on Tues that subsidiary Oxley Kyanite has exercised the option to acquire freehold Pei-Fu Industrial Building for a total of S$76.25 million. The transaction price surpasses the reserve price of S$75 million, and works…

Queenstown HDB flat sold for $1.08m, more record-breaking deals expected

A HDB resale executive apartment at Blk 148 Mei Ling St in Queenstown, which has a balance lease of about 76 years, was sold this month for an eye-popping $1.08 million, which works out to about $669 psf…

Developer sentiment hits record high in Q1 2018

Singapore developers have become more upbeat about the state of the property market, with the RESI hitting a record high since the index was launched in Q1 2010. Overall sentiment improved from 6.9 in Q4 2017 to 7.1…

CSC Land aims high with Twin VEW

CSC Land Group, the development arm of China State Construction Engg Corporation (CSCEC), is the new kid on the block. But that has not deterred it from setting its sights high with its first residential development in Singapore,…

Park House launched for en bloc sale at $308 mil

Park House, a 15-storey block located at the junction of Orchard Boulevard and Tomlinson Road, has been put on the market for sale with a price tag of $308 million. The property sits on a freehold site of…

St Michael’s Condo for en bloc sale at $112 mil

St Michael’s Condominium, a 60-unit private condo completed in 2002, has been put up for collective sale with an asking price of at least $112 million. The existing development contains twin 10-storey blocks sitting on a freehold site…

Ex-owner of Le Meridien hotel Rodney Tan made bankrupt

Businessman Rodney Tan Boon Kian, whose family used to own five-star hotel Le Meridien Singapore, was made a bankrupt last Thurs after failing to pay legal costs. His company, Treasure Resort, which owned Le Meridien, was wound up…

Inside Plaza Singapura’s blogshop cluster

Local blogshop fans who want to check out online merchandise should head to Plaza Singapura – the mall plans to have its Basement 1 cater to millennials. Started online in 2014, Fayth, this month, joined the growing cluster…

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