Daily Archives: May 22, 2018 (13 Articles Found)

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Thakral to acquire office unit at The Riverwalk

Thakral Corp has announced plans to acquire an 18,998 sqft office unit at The Riverwalk in Singapore for $30 million from Thakral Realty. Subject to shareholders’ approval, the proposed transaction will be made through a put and call…

Govt will adjust pace of public-sector projects to facilitate transformation

The Singapore government will continue to monitor the construction industry and will adjust the pace of public-sector projects to facilitate the transformation process. “We have also reviewed our tender evaluation frameworks to place a greater weightage on quality,”…

Flat owners: What you must do before your 99-year HDB lease runs down

In the minds of many Singaporean flat owners, the 99-year HDB lease is one of the scariest things in existence. It’s right up there with GST hikes, teenagers on e-scooters, and the pontianak. But there’s no point getting…

Clarity on HDB leases needed for retirement planning

While I accept that extending the leases of older HDB flats is a complex issue, I do not agree with MND Minister Lawrence Wong that it is not an immediate issue. Considering that over 80 per cent of…

Ease restrictions on financing purchases of older flats

There has been much discussion about what will happen to the value of HDB flats when their leases run out. It is difficult to place a value on HDB flats when the remaining lease shortens. This is especially…

Don’t take easy way out in making decisions

I applaud Mr Seah Kian Peng for speaking out against focusing purely on economic rationales in making policy decisions. While recognising that it has held Singapore in good stead, he stressed that economic reasoning is empty without a…

Use moral foundation teachers taught us to review parking charge

Since the announcement that teachers would be charged for parking in schools, there have been lots of discussion on equating the parking fee to economic theory and system equations. As the hidden work that is performed by teachers…

Nanyang Polytechnic unveils new Centre for Connected Care to train nurses

NYP has officially launched the Centre for Connected Care (CCC) which will train nurses for an increasingly ageing population in Singapore. The centre’s primary targets are seniors and those living with dementia. As Singapore’s first and largest nursing…

Smart technology key to zero waste economy: Masagos

Smart technology will be the key to achieving Singapore’s goal of becoming a “zero waste” society by 2030 – and create new jobs in the process, Mr Masagos Zulkifli, MEWR Minister, said on Tues. Speaking in his first…

Carving out a co-working niche

Having birthed startups the likes of Instagram and Uber, co-working spaces are a relatively new genre of office which is rapidly gaining traction among entrepreneurs and even SME owners in Singapore. Hence, amid the growing throng, some co-working…

Tiong Seng awarded $48 mil contract for MOH polyclinic project

Tiong Seng Holdings, the construction group and property developer, has been contracted to construct a 10-storey polyclinic and long-term care facility building for MOH for $47.68 million. The construction of the new healthcare facility, which is located along…

Deferment of income assessment, revised proximity conditions take effect from May HDB exercise

Young couples who are full-time students or NSFs can apply for a new HDB flat under the May BTO and SBF exercise, which opened on Tues. The latest HDB exercise with 6,992 flats is the first one which…

HDB launches almost 7,000 new flats in May sales exercise

HDB has launched 6,992 flats for sale under the May 2018 BTO and SBF exercise, it said on Tues. Of the total, 3,970 are BTO units and 3,022 are SBF units across various towns and estates, HDB added.…

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