Daily Archives: April 27, 2018 (25 Articles Found)

Archives
  • Daily Archives

  •   27
    M T W T F S S
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    30  
    APPLY

Uniqlo Singapore to add two more stores

Uniqlo Singapore plans to open two more stores late this year, at Downtown East and Great World City. This will take its total to 28 outlets as well as its online store. At Downtown East, an entertainment hub…

Suntec City REIT retail returns grow

Retail data from Suntec City shopping centre shows growth by every measure in the first quarter of this year. Suntec City REIT has recorded a modest increase in gross revenue for the first quarter, as rising retail rents…

Dairy Farm Singapore offloading some 7-Elevens

Dairy Farm Singapore has put some of its 7-Eleven stores up for sale through JLL. The portfolio comprises 13 HDB shophouses and a 999-year leasehold retail shop. Each HDB retail unit has a prominent frontage and high shopper…

LTA looking at red amber green arrows for all traffic junctions

We thank readers and the public for their suggestions on how safety can be further enhanced at right-turn junctions. LTA is saddened by the fatal accidents on our roads and is working with the Traffic Police to conduct…

Pavement etiquette for e-scooters and pedestrians

The reckless behaviour of e-scooter users has drawn the ire of many people. There have been calls for speed limits as well as harsh penalties to deter such behaviour. But not all e-scooter users behave in a reckless…

Smart features not to blame for poor business at Yishun Park

I notice that smart features like automated systems have been blamed for the poor business at Yishun Park Hawker Centre. However, it seems to me that the problem is high rental without the crowd to justify the rate.…

Sea current will carry ashes to recreational area

I fully support the idea of having a sea burial facility for scattering ashes, having used that method for my brother-in-law some years ago. However, I believe NEA has not fully considered the implications of choosing to site…

Blind person not given HDB home insurance

A friend recently bought a resale HDB flat with his sister. Both of them are in their 40s. He applied for the Home Protection Scheme (HPS), which “protects members and their families against losing their HDB flat in…

Turn right if safe is a deadly game

The horrific accidents recently at the junction of Clementi Road and Commonwealth Ave West as well as on the right turn from Jalan Anak Bukit onto PIE spotlight yet again a bizarre allowance we have made to ease…

Recovery in Singapore home prices gains momentum

Prices of private homes in Singapore rose at the fastest pace in eight years in the first quarter, exceeding earlier estimates and reflecting growing confidence in the property market. The latest data from URA also suggest the recovery…

Collective sale fever hits Lakeside Towers, Jalan Besar Plaza

Lakeside Towers and Jalan Besar Plaza are the latest properties to be put up for en bloc sale, with the owners expecting $30.5 million and $380 million respectively. Overlooking Jurong Lake Gardens, Lakeside Towers sits on a 153,237…

JTC awards tenders for Tuas industrial sites to Soilbuild Group, Bonco Enterprise

JTC has awarded separate tenders for two industrial sites in Tuas to tenderers Bonco Enterprise and Soilbuild Group Holdings. Bonco Enterprise won the tender for a 6,280 sqm site at Plot 23 of Tuas South Link 3 with…

Experts see better safety at junctions with changes

Installing red-amber-green arrow traffic lights at most intersections – which LTA is aiming for by 2023 – would lead to better road safety, said industry experts, even as they stressed that it would not be feasible to do…

Retail rents inch up 0.1% in Q1, but vacancy rate edges up to 7.5%: URA

URA’s rental index of retail space in the central region inched up 0.1 per cent in the first quarter of this year over the fourth quarter of last year. This compares with a 0.5 per cent quarter-on-quarter decline…

Singapore revises up Q1 home price rise, fastest pace in eight years

Singapore confirmed its biggest quarterly jump in private home prices in nearly eight years on Friday, a 3.9 percent jump that beat an earlier estimate of 3.1 percent and pointed to a recovery. The pace of growth was…

It’s not your ‘grandfather’s road’

Several recent road accidents have garnered a considerable amount of public attention and rightfully so. This accident even prompted netizens to start a petition to the LTA to disallow discretionary turning when the traffic light is in motorists’…

HDB resale prices down 0.8% in Q1; 3,900 new flats to be launched next month

Resale prices for flats continued falling in the first quarter, with the resale price index declining 0.8 per cent from the previous quarter, according to public housing data released on Fri. The number of resale transactions in the…

Private home prices up 3.9% in first quarter

Private home prices rose 3.9 per cent in the first quarter of this year, according to the latest figures from URA on Fri. This continues an upward trend after the 0.8 per cent increase seen in the previous…

Office space prices up 1.3% in Q1

The prices of office space jumped by 1.3% the first quarter of 2018, softer than the 2.7% increase in the previous quarter, URA revealed. The rentals of office space rose at the same pace as the previous quarter…

Industrial property prices and rents are turning around

According to JTC, the prices and rentals of industrial space remained relatively stable. Property prices dipped 3.6%, whilst rents fell 2%. Multiple-user factory space prices fell 3.2%. Based on the number of caveats lodged for industrial properties, transaction…

Amber 45 to be launched at average price of over $2,000 psf

Property developer UOL Group will open the Amber 45 showflat for preview this Sat. The freehold condominium will comprise one 21-storey block of 139 units. Located at 45 Amber Road in District 15, the 69,858 sqft site was…

Silat Ave GLS site receives sole bid of $1.035 billion, Mattar Road draws 10 bids

The tender for Silat Ave GLS closed on Apr 26 with just one bid. The sole bid of $1.035 billion or $1,138 psf ppr came from UOL Group in a joint venture with sister companies, United Industrial Corp…

SC Global, Far East Consortium and New World Development sets benchmark for Cuscaden Road site

Nine bids were received at the close of the tender for the prime Cuscaden Road residential development site on Apr 26. The highest bid of $410 million came from a joint venture between niche luxury developer SC Global…

Use higher fares to improve public transport

The high cost of car ownership here has propelled Singapore to top spots in surveys of cost of living in global cities. To discourage car ownership in land scarce Singapore, the Government has taken many measures, most recently…

Wong Li Lin quits Public Hygiene Council

Ms Wong Li Lin, executive director of the Public Hygiene Council (PHC), is stepping down from her post after less than a year in the job. Her last day is on May 3. She took up the job…

Sign In to Bookmark This Story

Sign In with Google