Daily Archives: October 27, 2018 (16 Articles Found)

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Despite downsides, heartlanders continue their love affair with shoebox units

A growing number of people here who are finding out the hard way that warnings by experts and the Government about buying shoebox units in the heartlands are true: There is low resale demand for such units given…

5 reasons why property buyers forfeit their option fees

The number of new launch condo buyers surrendering their condo deposits spiked in Sept this year — 169 units were recorded as returned units. Out of these units, 57 were from Stirling Residences. For buyers of resale units,…

Think out of the box for Greater Southern Waterfront developments

It is preposterous that St James Power Station’s landlord Mapletree is planning to refurbish the national monument into an office complex, especially considering the site’s potential as a lifestyle, cultural and entertainment hot spot. In fact, most of…

Much potential with Southern Gateway plans

The report about the proposed Southern Gateway development and reshaping of Sentosa and Pulau Brani is, of course, of great interest to current residents in Sentosa Cove. Although the report said there would be more details in six…

NEA reviewing contracts between operators, stallholders

Indeed, our hawkers’ median age is 60 and there is an urgent need to attract younger people to join the trade. Hence, NEA runs the Incubation Stall Programme, which supports new hawkers through practice-oriented training and subsidised stalls…

What financial model is ‘social enterprise’ hawker centre following?

When I read that social enterprises were running hawker centres, I wondered if someone had confused them with quangos, or Quasi-Autonomous NGOs. According to Britain’s national body for social enterprises, a social enterprise makes its money from selling…

Singapore’s ‘tricky’ place in archipelagic history: To understand Singapore’s history, look at it from the sea, not land

A recent public lecture on historical sources of pre-colonial Singapore has piqued popular interest about an early, unusual name for the island. As reported in ST on Oct 10 (Singapore once named as ‘tricky place to stay’), the…

Police use drone with thermal-imaging capabilities to ‘comb’ forested area

There was a buzz in the night sky as a flash of green zipped over a forested area in Bukit Panjang. The unmanned aerial vehicle circled the area for nearly an hour. On the ground, two men watched…

40 members of the public turn ‘transport planners’ to help LTA flesh out car-lite plan

Forty members of the public put on their thinking caps as “transport planners” on Sat to discuss ways to make Singapore’s car-lite dream possible. During the four-hour session, the first of three focus group discussions that LTA is…

2.5m-long python with swollen belly rescued from drain in Bishan, likely to have eaten cat

A python about 2.5m-long was rescued in Bishan on Wed morning, after it was spotted resting in a drain with a swollen belly. The snake was spotted at Blk 166 Bishan St 13, and Acres was called in…

Inside one of the last video rental stores in Singapore

Of all the video rental joints in all the cities in all the world, I walk into Rida Video Centre. It’s late on a weekday afternoon and the humble corner shop is eerily quiet, a stark contrast to…

Singapore lowers 2030 water consumption target to 130 litres

Singapore is planning to further reduce water usage among households, DPM Teo Chee Hean announced on Sat. Singapore will get households to cut daily consumption of water to 130 litres per person by 2030, down from the previous…

Sky villa at The Oceanfront going for $4.28 mil

A 3,057 sqft duplex penthouse, dubbed a “sky villa”, at The Oceanfront @ Sentosa Cove was put up for auction by ET&Co on Oct 24. The opening price was $4.28 million ($1,400 psf), but the unit was withdrawn,…

Demand for condos above $10 mil more resilient than for those in $5 mil-to-$10 mil range

Despite the July 6 property cooling measures, demand for luxury condominiums from the super-rich has not faltered. There were 10 sales of non-landed homes exceeding $10 million post-measures, observes Leong Boon Hoe, COO of List Sotheby’s Intl Realty.…

Retail rents in Central Region fall 1.2% in 3Q0218

According to URA’s rental index, retail rents in the Central Region fell 1.2% in 3Q2018, despite stronger retail sales and tourism in Singapore. The latest dip in rents came on the back of the 0.3 percentage point rise…

P&G pumps another US$30m into its Singapore digital innovation centre

P&G is investing an additional US$30 million in its digital innovation centre in Singapore, one year after pumping in an initial US$100 million. The consumer giant’s E-Centre 2.0, which it launched last year with EDB, is an expansion…

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