Daily Archives: August 23, 2018 (15 Articles Found)

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Khazanah in talks to sell stakes in M+S, Pulau Indah Ventures to JV partner Temasek

Khazanah Nasional, Malaysia’s sovereign wealth fund, is in talks to divest its 60% stake in M+S to its joint venture (JV) partner, Temasek Holdings, according to reports from The Malaysian Reserve. The JV company, which is 40% owned…

Rents for high-specification industrial spaces grew 2.1% to $2.9 psf in H1

For the first half of 2018, upper floor rents for independent high-specification industrial buildings located outside of science parks and business parks gained 2.1% HoH to $2.9 psf, Colliers Intl revealed. These led the growth of rents in…

Lian Beng subsidiary wins $278.5m development contract in Silat Ave

Lian Beng Group’s 60%-owned subsidiary United Tec Construction bagged a contract worth $278.5m from United Venture Development (Silat) for the proposed residential flat development comprising two blocks of 56-storey apartments with a total of 955 units. According to…

Singapore, Malaysia look forward to bringing RTS link project to fruition: MOT

Transport Minister Khaw Boon Wan and his Malaysian counterpart Anthony Loke met in KL on Thurs where they discussed “a broad range of transport issues”, said MOT. These include the Johor Bahru-Singapore RTS link project and the KTMB…

New A*STAR facility to boost tech access in manufacturing sector

A new facility launched by A*STAR on Thurs, is set to provide manufacturing companies greater access to technology to grow their business. The new Model Factory at the Advanced Remanufacturing and Technology Centre (ARTC) located at Clean Tech…

Consider high-rise parking in Holland V

Closing 317 spaces in the main open-air carpark of Holland Village will affect the business vibrancy of the area to a great extent, and for seven long years too, till the new mixed-use development is complete (Holland V…

Wildlife trade threatens species and habitats

Mr Ong Junkai outlines a misguided stance on wildlife conservation (Responsible commercialisation will aid wildlife conservation; Aug 18). Mr Ong has, time and again, gravely misinterpreted the fundamental principles of wildlife conservation. He argues that commercial wildlife trade…

First captive-hatched Singapore freshwater crabs back in the wild

NParks released 10 juvenile Singapore freshwater crabs (Johora singaporensis) which were hatched in captivity into a freshwater hill stream in Bukit Batok last Sat. The Singapore freshwater crab is one of three endemic species of crabs that are…

Laura Ashley sells Singapore assets but still focused on Asia

Malaysian-headquartered apparel and homewares retailer Laura Ashley is selling its commercial property in Singapore against declining sales – but it remains positive about its regional prospects. The company’s Singapore properties will be purchased by SB Investment for a…

Income-producing property sales in Singapore fell 12% in Q2

Income-producing property sales dropped 12% YoY to $10.2b in Q2 amidst fewer big-ticket office transactions, RCA revealed. This was despite transactions doubling in terms of number in H1 2018 compared to H1 2017. RCA also noted that a…

More properties up for auction but sales value down

More properties went under the hammer in the first half of the year but the sales value was down markedly on the same period last year due to the lack of big-ticket landed units. Transaction value came in…

Community eye clinics save patients a trrip to hospital

Technician Chinnayah Ponnusamy has been getting his eyes checked at a polyclinic close to home since early this month, saving him the trouble of going to a hospital. The move is part of a nationwide effort to step…

Photographs to remember old buildings and locations

Do you often reminisce about childhood memories? Memories of the good old days always stir hearts and often result in excited reminiscing among families and friends. And it is why architectural photographer Darren Soh has come up with…

Singapore foodies: Malaysia, don’t be jealous

No need to be jealous of our hawker food – that is the riposte of food experts here to criticism in Malaysia over Singapore’s bid to seek Unesco recognition for its hawker culture. Chefs and food experts here…

‘I’m afraid one day it’s going to go’: Saving Singapore’s old buildings one photograph at a time

Since 2006, photographer Darren Soh has been making regular visits to a certain HDB block in the western side of Singapore. There’s nothing fancy about 82 Commonwealth Close but the 42-year-old keeps taking photos of it again and…

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