Daily Archives: October 4, 2018 (14 Articles Found)

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Analysis: What happened to Choa Chu Kang’s HDB resale value?

Not all HDB towns are the same, and comparing two towns are usually as useful as comparing apples and oranges. However, there are HDB towns that are very similar, not just in geography but in age, such as…

Here’s what you should know before you pay off your home loan early

Having debt can be a psychological burden. When you have something as large like your mortgage loan looming over you, you may be tempted to pay it off as soon as you can. However, this may not always…

Shophouse at 21 Boon Tat St fetches record price in District 1

A 999-year leasehold shophouse at 21 Boon Tat St in the Telok Ayer Conservation Area is being sold for S$16.5 million, which works out to S$4,259 psf on the estimated built-up area of 3,874 sqft. According to property…

Freehold Casa Riviera in Serangoon launches collective sale for $55 mil

The 31-unit Casa Riviera on Lim Tua Tow Road, off Upper Serangoon Road in district 19, has been launched for collective sale, announced Mount Everest Properties. The 21 year old freehold development is priced at $55 million, which…

Normanton Park residents go on souvenir-collecting spree ahead of final goodbye

Normanton Park was deserted on Thurs, bereft of its human inhabitants — and some essential signages and estate furniture — as the last residents moved out of the 41-year-old estate which had been sold en bloc for S$830.1…

The HDB lift: Where awkward conversations turn neighbours into friends

Bing! The elevator grinds to a halt. Its doors slowly open to the landing on the thirteenth floor, revealing an elderly lady whom I neither remember nor recognise. The same however, cannot be said for her. Crossing the…

Dip in MRT satisfaction level must be reversed

Last week, SMU’s Institute of Service Excellence released results of a survey that showed commuters were happier with buses than they were with trains last year. It was the first time in more than a decade – since…

Exxon Mobil eyes multi-billion-dollar investment at Singapore refinery

Energy giant Exxon Mobil is considering a multi-billion-dollar investment at its Singapore refinery to generate products to help the shipping industry meet new environmental rules on fuel. The proposed upgrade would involve converting lower-value by-products into cleaner ones.…

Out to identify and photograph fungi of Singapore

The world of fungi has given humanity many benefits such as medicine and food, and their fruiting bodies come in a dizzying array of shapes, colours and sizes. More than 70,000 species have been described worldwide, yet the…

New mushroom species found in Singapore

A mushroom completely new to science has been discovered in Singapore, and it belongs to the same family as the delicious porcini mushroom. Spongispora temasekensis was first discovered by staff at the Singapore Botanic Gardens in 2014 under…

CapitaLand-backed The Work Project acquires co-working platform of Collective Works

Two days after CapitaLand announced it had acquired a 50% stake in co-working operator The Work Project for $27 million, the two partners have acquired the co-working platform of local operator Collective Spaces. The Work Project had earlier…

Hospitality REIT sector kept at ‘overweight’ on valuations

CDL Hospitality Trusts (CDL-HT) remains CGS-CIMB Securities’ top pick for 2019 while Far East Hospitality Trust is its pick for the near term. CDL-HT is expected to deliver stronger growth in 2019 due to its hotels on Orchard…

HDB resale prices down 0.7% in Sept

HDB flat resale prices dipped 0.7% MoM in Sept, SRX Property revealed. HDB Executive saw the largest price decrease of 1.9%. Both HDB 3 rooms and 5 rooms recorded a price slip of 1.3%. The firm noted that…

Smart surveillance system deployed at seven malls

An automated surveillance monitoring system that flags unusual activities such as fights has been deployed at seven shopping malls, as part of a $2.5 million innovation drive to help the security industry modernise. This project is one of…

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