Daily Archives: September 3, 2018 (13 Articles Found)

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Not so green, NTU stores give out plastic bags freely despite initiative to cut down usage

It was the first day of a campus-wide movement to hand out plastic bags only on request, but it appeared that some businesses at NTU did not get the memo. Caught off guard, some of them continued to…

C&W names Dennis Yeo as Singapore and Southeast Asia CEO

C&W has appointed Dennis Yeo – previously MD at CBRE – as CEO of Singapore and SEA, it announced on Mon. Yeo has close to three decades of real estate experience. Prior to this, he was MD for…

Amara Sanctuary Resort Sentosa just launched its inaugural heritage and history trail

To take you back in time to explore Sentosa’s past, one of the island’s hotels is launching a tour across its grounds. The Amara Heritage Trail — put together by Amara Sanctuary Resort Sentosa — brings visitors on…

Public transport fares in Singapore may increase by 4.3%: PTC

Public transport operators may increase their fares by 4.3 per cent, said PTC on Mon. Announcing the start of the 2018 Fare Review Exercise (FRE), the council said the figure was obtained based on a new fare formula.…

Buying a property: Joint tenancy vs. tenancy-in-common

When buying a property with another person, be it a spouse, child or a friend, you must choose how the property is split among the co-owners. There are basically two key ownership (holding) options: joint tenancy and tenancy-in-common.…

Property transactions continue upward march despite cooling measures

“The reality is that there are a lot of property transactions going on”, despite the new cooling measures, said Hari Krishnan CEO of PG, speaking to CNBC. “We continue to see price increases.” Mr Krishnan was responding to…

Don’t give rebates based on flat size

I admire and applaud PM Lee for his NDR speech this year. One of the more sensitive topics he covered was the rising cost of living. In order to defray the cost of maintenance and utilities, the Government…

31 projects win HDB awards, including ‘rustic’ themed Waterway View at Punggol

Its rustic “kelong” (Malay for fishing jetty) theme has blocks in the Waterview View estate fitted with a facade mimicking wooden planks, and the use of stilt-like columns along outdoor corridors — inspired by Punggol’s early beginnings as…

Sabana REIT evicts tenant amidst $2.14m worth of rental debts

Sabana REIT terminated the lease of its tenant, export dealer Adviva Distribution for failing to pay over $2.14m worth of rental debts. “Sabana REIT intends to set off the outstanding rental arrears and damages owed to it by…

Azmin: Malaysia need not compensate Singapore over postponed HSR project

Malaysia will not need to compensate Singapore for the indefinite period that the KL-Singapore HSR project is put on hold, said Economic Affairs Minister Datuk Seri Mohamed Azmin Ali. “The project is on hold indefinitely. Singapore has agreed.…

ESR-Reit, Viva Industrial Trust request lifting of trading halt after merger gets nod

ESR-REIT requested a lift of its trading halt on Mon morning before trading hours began, days after unitholders approved a merger with Viva Industrial Trust (VIT) that brings the sending the Reit closer towards becoming Singapore’s fourth-largest industrial…

Valuations of property stocks down, but it’s not time to jump in yet

Following the July 6 measures to preempt runaway prices in the Singapore housing market, valuations of real estate stocks have fallen somewhat. But analysts caution against jumping in too quickly, unless the counter is a diversified play. The…

Malaysia, Singapore agree to postpone rail project for two years: report

Malaysia has agreed with Singapore to postpone the development of a high-speed rail service by two years, Malaysian media reported, as SEA’s third-largest economy looks to review mega projects to cut its massive debt. Malaysian business weekly The…

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