Daily Archives: October 25, 2018 (23 Articles Found)

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Minimum operating hours? Not an issue, say Old Airport Road hawkers under the scheme

As the online furore continues over the terms imposed on hawkers by operator NTUC Foodfare, owners of the two stalls at Old Airport Road Food Centre who have to observe minimum operating hours said that they have no…

Without subsidy, not much chance for NEA to ensure affordable food, profits for hawkers

NEA officials working on the review of social enterprise-run hawker centres should take note of the “cost disease” or “Baumol’s disease”. For any average rate of productivity growth in the economy, some industries will be above the average…

NEA will improve management model, review contracts of operators

We thank the writer for his letter, “NEA should not let hawker centre operator get away with setting ‘unfair’ agreements” (Oct 16). To balance the competing interests and address the renewal and productivity challenges facing the hawker trade,…

4 reasons why Singapore’s en bloc fever has well and truly ended

If you’re a property developer, the Halloween horror show came early. July 2018 was pretty much the death knell for Singapore’s en bloc fever, and the subsequent months saw more nails being hammered into the collective sale coffin.…

Expanded expressway link to ease congestion

The expansion of the interchange between TPE and KPE would help improve traffic conditions in the growing Punggol area, say experts. First announced in 2014, the $185 million expansion of the intersection between the KPE and TPE included…

Qantas to open second lounge at Changi Airport next year

Qantas will open a second lounge at Changi Airport next year for its top premium customers, in a multi-million dollar investment to reaffirm its commitment to the Singapore market. Located at T1 where the airline operates from, the…

Social enterprise operators to get views of hawkers

In yet another move to address hawkers’ concerns on the way not-for-profit hawker centres are run, Dr Amy Khor said she has asked all social enterprise operators to form feedback groups in the centres they manage. “The operators…

Will private home prices rise as ‘shoebox’ supply falls?

Shoebox units need no introduction and have been subject to much public attention in recent times. Also referred to as “Mickey Mouse units” for their miniature layouts, they began to crop up in bigger numbers circa 2007/2008. Previously…

DXC Technology opens digital innovation lab in Singapore

On 25 Oct, DXC Technology announced the opening of its Digital Innovation Lab in Singapore. Developed with the support of EDB, the DXC Digital Innovation Lab Singapore is an advanced environment for the incubation of ideas, learning and…

JustCo to open China Square Central space

Co-working outfit JustCo has announced that it will be occupying the entire 2nd floor at China Square Central on 18 Cross St in its latest move to expand its footprint in Singapore. Slated for opening in Q4 2019,…

Industrial property prices down 1.1% in Q3

The industrial property sector in Singapore continued to soften as prices dipped 1.1% YoY in Q3, according to JTC, although the situation may soon turn around in the coming year as supply comes online. On a quarter-on-quarter basis,…

AHTC trial: WP chief Pritam Singh disagrees with Davinder Singh over definition of ‘responsible’ town councillor

Taking the stand for the first time on Thurs in a high-profile lawsuit, WP chief Pritam Singh and the lawyer for PRPTC tussled over what it meant to be a responsible town councillor. A responsible town councillor needs…

SP Group to double electric vehicle charging points to 1,000 by 2020, will include higher-powered chargers

SP Group will double the number of electric vehicle charging points to 1,000 across the island by 2020, creating the largest and fastest charging network in the Republic. Of the 1,000 charging points, 250 will be high-powered DC…

Debate on social enterprise hawker centre model is good for UNESCO nomination: NHB

The recent debate on the social enterprise management model for hawker centres is a healthy for Singapore’s bid to place its hawker culture on the UNESCO Representative List of the Intangible Cultural Heritage of Humanity. This is the…

Singapore mall owners lift rents as tenants improve sales

Owners of Singapore shopping malls raised rents marginally in the third quarter as tenant increased their sales and vacancies stayed low, indicating a relatively healthy retail sector despite competition from online players. However, costs also rose eroding profits…

Analysts stay upbeat on Frasers Centrepoint Trust on dominant mall positioning

Frasers Centrepoint Trust (FCT) on Thurs reported gross revenue for the quarter was 0.5% higher at $48.5 million, compared to $46.2 million last year. The growth was led by Northpoint City North Wing (NCNW), which saw higher average…

Commuters don’t mind longer journeys if it means a better ride, feedback shows

The public’s proximity to bus stops and MRT stations, as well as the ease of making transfers, are the most important things to consider in planning the land transport system, commuters who took part in a feedback gathering…

Singapore’s property returns poised to beat that of US and UK

Investors would do well to invest in real estate despite the cooling measures that have hit sentiment as average forecasted returns in Singapore’s property market for 2018-2022 are poised to beat the Eurozone, the US and even the…

Residential investment sales plunge 63% in Q3

Overall property investment sales in Singapore declined from nearly $10 billion in the previous quarter to $6.5 billion in Q3 2018 following the introduction of new property cooling measures in July, according to a new report from ET&CO.…

Set up memorial for Singapore’s port history

In the light of plans to establish the Founders’ Memorial and develop the Greater Southern Waterfront, the authorities could also consider setting up a port memorial as part of the future development of the Greater Southern Waterfront. There…

New hawker centre model tries to balance competing interests

In 2012, when the Government resumed the building of hawker centres after a close to 30-year hiatus, NEA sought a mgmt model that prioritises consumers’ needs – such as food affordability, availability and a clean environment – while…

$1 tray-return fee for customers may work better

It is good news that hawkers at Jurong West Hawker Centre no longer have to pay a 20-cent fee each time a tray is returned (Hawkers, operator settle tray-return fee dispute; Oct 19). Instead, customers now pay a…

24/7 hawker centre concept needs rethink

I empathise with the plight of hawkers and fail to understand the rationale of having 24-hour operations when there is no business (Does it pay to have 24-hour hawker centres?; Oct 21). The decision of the operators of…

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