Daily Archives: October 30, 2018 (28 Articles Found)

Archives
  • Daily Archives

  •   30
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    293031  
    APPLY

Price falls in Sept almost wipe out gains in previous month

Based on Sept statistics from the SRPI released by NUS, the private residential housing market has not yet stabilised and is still finding “a clear direction”, says Nicholas Mak, executive director at ZACD Group. Three out of the…

Elias Green condo in Pasir Ris up for collective sale at $780m

Elias Green is the latest condominium to hit the en bloc market in search of a buyer. PropNex’s Richard Hau said that the owners of the 419-unit Pasir Ris condo launched a public tender for the site on…

AHTC trial wraps up after 17 days, with last defence witnesses on the stand

The first tranche of AHTC trial ended on Tues after 17 days, during which the court saw some strong allegations, heated exchange and spirited defence. On Tues, six defence witnesses took the stand, including ex-employees of AHTC and…

Nature Society urges HDB to save more of Tengah new town’s forests for wildlife

NSS has called for significantly more land to be set aside for wildlife at the future Tengah new town, in a proposal that it said would reduce the number of housing units that can be built there. Tengah,…

Fare hikes likely in the next few years, experts say

With the latest fare hikes to kick in from Dec 29, transport analysts told TODAY that commuters can only expect train and bus fares to go up in the years ahead. This is mainly because of an ongoing…

Engage new generation of hawkers, help them appreciate they are continuing traditions built on values

Ms Elim Chew is spot on in articulating that the practical challenges our hawkers face — such as manpower and high operating costs — have to be addressed. In the ongoing conversation regarding the preservation of Singapore’s hawker…

Housing loans on the rise – Should you pick fixed or floating interest rates?

Buying a new home is easily many average Singaporeans’ biggest, most “heart pain” purchase. If you’re going private, you can only choose a bank mortgage. If you take the current Singapore mortgage rates at face value, the banks’…

EMA in energy storage tie-up with PSA, Sembcorp Industries

Solar is the most viable source of renewable energy for Singapore, but to fully exploit its green potential calls for the use of one game-changing technology. EMA has roped in two private sector partners, PSA and Sembcorp Industries…

Technician killed after lift pinned him at top of shaft, coroner rules death a misadventure

A technician was killed after a lift car he was working on moved upwards, pinning him to the top of the shaft. In an inquiry on Tues into Mr Magendran Kisnasami’s death, Coroner Marvin Bay said the Malaysian…

New scheme to help tenants in commercial buildings identify safety and security threats

Smaller businesses are less well prepared than bigger firms in dealing with safety and security threats, and the authorities are hoping a new scheme will help to change that. Soon, tenants in commercial buildings will be able to…

Millions of dollars in initiatives announced for energy sector during Singapore Intl Energy Week

Millions of dollars are being pumped into making the energy sector more efficient, easier to manage when split into multiple grids, and more secure. One of the initiatives is a research programme by EMA and SIT that will…

Singapore’s water success story to be repeated with energy: Chan Chun Sing

If the past 50 years have been about how Singapore has overcome water scarcity, the next 50 will be about how the country overcomes its energy challenges. “Just like how Singapore has successfully diversified our supply of water…

Enhanced industry energy efficiency package for the adoption of energy efficiency technologies

The Enhanced Industry Energy Efficiency Package was announced by MTI Minister Chan Chun Sing at the official opening of the Singapore International Energy Week (SIEW) on 30 Oct 2018. EMA, EDB and NEA will each be rolling out…

Simple tweaks that could make MRT more efficient

Recently, transport correspondent Christopher Tan rightly pointed out that despite all the investments in rail and bus infrastructures, the percentage of bus and train journeys under 20km completed within 60 minutes has hardly changed from the 79 per…

CCTV cameras may reduce loan-sharking activities

SPF must be praised for conducting successful islandwide raids to deter criminal activities. Another effective means of criminal deterrence is the installation of CCTV cameras in all housing estates and other strategic locations. The initial fear among certain…

AHTC trial: Low Thia Khiang had ‘no other people to depend on’, says FMSS director on conflicts of interest

She was accused of colluding with WP MPs to hide the conflicts of interest between AHTC and their MA FMSS, as Ms How Weng Fan and her late husband Danny Loh were both co-owners of FMSS, and town…

Singapore hawkers are not short on intelligence

In the discussion on social enterprises running hawker centres, the abilities of the hawkers and stallholders seem to have been obfuscated, treated as if they are completely devoid of any intelligence (“The Big Read: Grumbling and rumbling at…

Courts Ang Mo Kio store relaunched

Home electronics, IT and furniture goods retailer Courts has relaunched its Ang Mo Kio outlet as a megastore. The newly refurbished and redesigned store now spans 35,000 sqft and boasts a fresh-painted exterior and LED lighting, as well…

Sales soar at The Shoppes at Marina Bay Sands

Revenue from The Shoppes at MBS rose 4.5 per cent during the third quarter, reaching US$44 million. Sheldon Adelson, CEO of parent Las Vegas Sands Corp, said retail tenant sales psf at the shopping complex rose by 22.2…

Singapore office landlords get upper hand as rentals jump

When it comes to renting an office in downtown Singapore, the tables have turned. Landlords now have the upper hand in rental negotiations, with leasing rates in the city-state’s prime business districts rising at the steepest pace in…

JTC tenders 0.77ha Jalan Lam Huat site

JTC launched the industrial site at Jalan Lam Huat (Plot B) for tender under the second half 2018 IGLS programme. The site is the fourth of six Confirmed List sites for the second half 2018 IGLS Programme. It…

Changi Road coffee shop for sale at $13.5m

A corner 24-hour coffee shop along Changi Road has been put up for sale via an EOI with a guide price of $13.5 million, revealed JLL. This works out to $1,730 psf based on its GFA of 7,800…

Getting the green light to mitigate impact of climate change

The UN IPCC recently published its special report on global warming, sending a strong warning both to world leaders and to all of us. In SEA, Singapore is at the forefront of climate action. Regarding power generation, the…

Singapore rolls out initiatives to help companies reduce carbon emissions, increase energy efficiency

Singapore has rolled out a series of initiatives to help companies reduce carbon emissions and become more energy efficient, MTI Minister Chan Chun Sing announced on Tues. “Our industrial sector consumes a significant amount of energy,” Mr Chan…

Singapore to explore use of energy storage systems with possible cost savings for consumers

EMA is set to experiment with the deployment of energy storage systems (ESS) in Singapore, in a move that could bring cost savings for consumers. ESS are batteries or other forms of technology deployed on the power grid…

Limited supply continues to boost office rents in Q3

Rental costs for Grade A offices in the CBD continued their steep climb after rising by 2.7% to an average of $10 psf/monthly, according to C&W. Marina Bay boasts the highest monthly rents of Singapore’s office submarkets in…

Industrial sector takes charge over real estate investment in Q3

Investors turned off by punishing measures in the residential property sector have instead channelled their money into the industrial and commercial segments in Q3, according to Colliers, with REITs and private funds leading the acquisition and divestments. “Activity…

One Tree Hill Collection: A rare landed housing project in prime District 10

One Tree Hill Collection, a development comprising 14 houses by Lum Chang Holdings, is scheduled for launch soon. It is not just any landed housing project, however. “Located right smack in prime District 10, in the vicinity of…

Sign In to Bookmark This Story

Sign In with Google