Daily Archives: August 15, 2018 (16 Articles Found)

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Colliers makes two new senior appointments

Colliers Intl has made two new appointments to further strengthen its industrial services, capital markets and investment services business in Singapore. Dominic Peters joined the firm as senior director of industrial services on July 2, and Pamela Siow…

Why HDB resale prices may be headed for a strong recovery

Few property segments have changed as much as resale flats since the 2013 peak. Back then, HDB resale was a booming market where high COV was taken as a given. Fast forward to today, and a combination of…

Yishun community cat feeders urge authorities again to end the use of glue traps in neighbourhoods

Cat welfare group Yishun 326 Tabby cat made another call against the use of glue traps in the heartlands after a community cat feeder found a couple of them being set up near Northview Pri School. According to…

Singapore home-buying spree to continue well into 2018, says PropNex

PropNex is anticipating the total volume of new homes transactions to hit 8,500-9,000 for 2018. This comes after private new home transactions, excluding ECs, hit 1,724 for the month of July this year. The latest figure represents a…

Marina Square, Raffles City or Suntec City – which has the cheapest parking in City Hall?

Certain malls in Singapore function more as places for tired office workers to decompress after work than a fun location to spend your weekends. Take Marina Square, Raffles City and Suntec City, for example, which are filled with…

Mixed use property sales jumped 30.2% to $1.5b in Q2

Mixed used property investment sales rose 30.2% YoY to $1.5b in Q 2018, Colliers Intl revealed. The firm noted that the surge in sales was mainly backed by the public land sale of a mixed-use property in Holland…

Home prices could fall 10-15% in 2018 amidst property curbs: PropNex

Singapore’s cooling measures could lower private property prices by 10%-15%, PropNex said. This, in turn, will appeal to first-time buyers irrespective of the 5ppt reduction in LTV limits. “As a proportion, foreign purchases have been a lot less…

Singapore home sales soar in July on minute-to-midnight buying

Private home sales in Singapore soared to the highest in 16 months in July as buyers rushed to snap up properties hours before curbs aimed at quelling speculation came into effect. Developers sold 1,724 units last month, URA…

Rallying to conserve sporting heritage in Farrer Park

Twice a day, national para-swimmer Toh Wei Soong slips into the pool at Farrer Park Swimming Complex to train, but he also soaks in the nostalgia that made the area a hallowed ground for sports. Mr Toh, 19,…

Three hornbills found dead in Tanglin Halt

Three hornbills, which are nationally protected birds, were found dead near the Tanglin Halt Food Centre earlier this month. While investigations are ongoing to determine the cause of death, observers believe these once-nearly extinct birds could have been…

System of rewards and fees can curb plastic use

It was disheartening to learn that Singapore’s plastic recycling rate lags far behind other developed countries (1.76b plastic items used here yearly: Poll; Aug 1). Many Singapore retailers, supermarket chains and customers may not easily change their behaviour…

User behaviour key to more green buildings

We refer to Dr Snigdha Sharma’s letter (Step up efforts for more green buildings; Aug 8). Singapore has made good progress in the development of green buildings over the past decade. We agree with Dr Sharma that a…

Initiatives in place to spread awareness of green buildings

We thank Dr Snigdha Sharma for her letter (Step up efforts for more green buildings; Aug 8), and agree that more needs to be done to share the benefits of green buildings. People usually base their choices of…

Educate people on bike-sharing code

From ofo to Mobike to GBikes, bike-sharing firms are everywhere now and they owe their rise to two factors. Those who are health-conscious, and those who want to move away from using vehicles like cars and buses, which…

Borrowers feel rate hike pinch as banks step up mortgage repricing

As interest rates hit a 10-year high, banks are increasingly firing off missives to home loan borrowers informing them that their loans have been repriced. For some, it will be the second repricing letter this year as interest…

A ‘cat and mouse game’: Unlicensed massage parlours feel the heat from new laws

To her family, Coco, 43, came from China 18 years ago, has been the boss of her own small, one-woman massage parlour for five years. What they don’t know is that “since day one”, she has been offering…

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