Daily Archives: May 30, 2018 (24 Articles Found)

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Underground substation to supply power to Labrador by 2025, as Singapore digs deeper

A new underground electrical substation is being planned which could generate enough power to supply the Labrador area. It will form part of a nationwide push to use more subterranean space in Singapore. The 230kV station will be…

HSR decision ‘not an ominous sign for bilateral relations’, shows Mahathir-led govt’s priorities: Analysts

Malaysia’s decision to scrap the KL-Singapore HSR was driven by a desire to reduce the country’s national debt, and should not be seen as a move to spite Singapore, said political analysts on both sides of the Causeway.…

Better management of shared bikes but vandalism, littering still a problem

There have been many complaints about shared bicycles in Singapore, and I have also witnessed cases of vandalism. However, I am not easily convinced that this is such a pronounced problem. In our society, it is easier to…

Proptech to impact and disrupt traditional business operating models in real estate

A research report by CBRE suggested that proptech is all set to not only impact, but also disrupt traditional business operating models in real estate. Proptech (short for Property Technology) is a term which refers to the myriad…

Shared bikes taking up space along park connector stretch at Changi

Numerous shared bicycles are parked along a stretch of the Coastal Park Connector near Changi Coast Walk, and it can be bad when many of the bicycles fall, blocking half the width of the pathway. It is not…

JTC to launch three industrial sites for sale

JTC launched three more industrial sites in its list for the first half of 2018. Two of the sites are available for tender, whilst one site which is under the Reserve list is available for application. According to…

Roxy-Pacific associate buys prime residential sites on Moulmein Rise for $106 mil

RH Novena Pte Ltd, an indirect associated company of property developer Roxy-Pacific, has acquired two adjacent freehold sites on Moulmein Rise for $106 million. The deal was handled by Sakal Real Estate Partners. The two sites in prime…

Ease congestion at Sengkang LRT station

I have been a Sengkang resident for the past seven years and make use of the Sengkang LRT system occasionally. While there are no real issues with the trains and operations, and I agree that planned upgrades will…

Singapore’s largest underground substation to be built at Pasir Panjang

Singapore will build its largest underground substation yet, with the capacity to power more than two public housing towns when completed by 2025. Building the substation underground will free up three hectares – or more than three football…

JD Sports Singapore opens first store

JD Sports Singapore has opened its first retail store in the city state, at Jurong Point Shopping Centre. Spanning 2900 sqft, the store carries a wide range of sneakers from more than 10 brands, including Adidas, Nike, Puma…

Drink and throw? That’s the last straw for this teen

Since last month, customers of fast-food eatery 4Fingers Crispy Chicken have been reminded to ditch plastic straws. The local chain is one of 27 eateries, including Wheeler’s Yard and Brawn & Brains Coffee, trying to cut down on…

SLB Development builds on property market upswing

Property and construction specialist Matthew Ong has a penchant for all aspects of real estate – whether land, buildings or architecture. The executive director and CEO of SGX-listed SLB Development flexes his creative muscles by tinkering with colourful…

Gilstead Mansion owners launch en bloc tender, seek at least S$68m

The owners of the 24-unit Gilstead Mansion near the Novena neighbourhood have put their development up for collective sale by public tender with an expected price of at least S$68 million. The freehold site on Gilstead Road occupies…

Malaysia plans to build island on strategic Singapore Strait rocks

Malaysia’s PM said on Wed his government planned to develop some offshore rocks which were the subject of a territorial dispute with Singapore, days after he cancelled a big rail project with his southern neighbour. The ICJ awarded…

Hong Kong’s Tsui Wah to open first Singapore outlet in Clarke Quay on Jun 15

Hong Kong’s famous Tsui Wah eatery will open its first Singapore outlet at Clarke Quay on Jun 15, the chain announced on Wed. The outlet, Tsui Wah’s first in SEA, will have a seating capacity of over 140.…

ICJ informs Singapore that Malaysia has discontinued challenges over Pedra Branca

The ICJ has informed Singapore that Malaysia will discontinue proceedings in two cases relating to sovereignty over Pedra Branca, said MFA on Wed. This comes shortly after Malaysian PM Mahathir Mohamad told a media conference that his government…

Malaysia to ‘reconsider’ its challenge to ICJ judgment on Pedra Branca: Mahathir

Malaysia will “reconsider” its challenge to ICJ’s judgment on Pedra Branca, said PM Mahathir Mohamad on Wed. Speaking at a media conference after the Cabinet’s weekly meeting, Dr Mahathir also said that the government was thinking of expanding…

CDL announces senior appointments for property development and asset management

City Developments Limited (CDL) will appoint Yvonne Ong as its CEO, commercial, from June 6. She will lead the Asset Management Division comprising all departments involved in investment properties like leasing, property and facilities management, and customer service.…

IDA Tech rolls out immersive solutions for construction industry

The Kallang Riverside, a 30-storey, mixed-use condominium development that will come with views of landmarks such as the Sports Hub and the Kallang Basin, will only be fully built next year. Yet, at a recent exhibition, visitors could…

Changi viaduct collapse: Construction firm and 5 individuals charged

A construction firm and five men – including the firm’s MD – suspected of being responsible for the collapse of an under-construction viaduct near Upper Changi Road East last year have been charged for their roles in the…

Stores turn to pop ups to survive amidst exits in the retail sector

Singapore’s fringe or suburban malls outperformed their Orchard Road counterparts in the first quarter of 2018, Savills has observed. According to a report, a slight increase in the island-wide retail vacancy rate (7.5%) was caused by the addition…

Over 2.8 million sqft of retail space is up for grabs

Around 2.8 million sqft of new retail supply will come online in 2018, substantially more than the 1.8 million sqft of retail stock completed in 2017. Savills noted that major completions on the horizon include Paya Lebar Quarter…

Singapore rallied to 5th spot in world’s most liveable cities

Singapore jumped six spots to fifth place as one of the most liveable cities in the world, management consultant AT Kearney revealed. According to its Global Cities Outlook 2018, Singapore has also retained its spot in the “Global…

Malaysia HSR cancellation a blow to Japan’s shinkansen exports

Malaysia’s decision to scrap a planned HSR link from KL to Singapore has blindsided Japanese contractors looking to cash in on the $14.8 billion project. Malaysia’s newly elected PM Mahathir Mohamad said Mon he would cancel the undertaking…

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