Daily Archives: November 5, 2018 (13 Articles Found)

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Q3 real estate investment sales lost the strong momentum

Q3 real estate investment sales in Q3 has lost the strong momentum which started in the 2nd Quarter of 2017 said a research report by Savills. The report noted that Q3 real estate investment sales came in at…

Positive start for sales of three private residences

Buyers snapped up a good number of the units released for three private residential developments – Arena Residences, Belgravia Green and Whistler Grand – over the weekend. City Developments Limited (CDL) yesterday sold about 160 units out of…

Singapore well-placed to be e-commerce hub, with its tech-readiness, infrastructure: Economist survey

Goods imported into Singapore take slightly over 30 hours to clear the border compliance process. This might sound like a long time, but it is almost a third of the time that goods imported into Indonesia might take.…

LTA to take action against ofo for having too many bicycles

LTA said on Mon that it intends to take regulatory actions against ofo for possessing a fleet of bicycles beyond the maximum allowed. The authority said it has served ofo notice of its intention. LTA said ofo was…

Commuters to undergo security screening at MRT stations as part of 6-month LTA trial

Commuters may soon be required to put their belongings through an X-ray scanner and walk through a metal detector before entering fare gates at MRT stations. This is part of enhanced security screening being tested at several stations,…

Top five REITs total returns averaged 5.7% in Oct

The top five in the 10 best-performing REIT constituents in the i-Edge S-REIT Index saw an average return of 5.7% from July to Oct, SGX revealed. On a YTD and three-year basis, their total returns averaged -5.3% and…

High-tech industrial rental growth set to outpace logistics

The high-tech segment of Singapore’s industrial sector is expected to outperform the traditional logistics segment in terms of rental growth from 2018-2022 with e-commerce players and third party logistics providers steadily driving positive take-up levels, according to a…

Transforming construction with BuildTech

Tech is the buzzword across all sectors of the economy. We are all familiar with terms like FinTech for the financial industry, PropTech for the real estate industry, and MedTech for medical devices. But what about BuildTech? While…

#ourhawkerculture: A deeply personal experience for Singaporeans

Singapore is a young nation with origins as a migrant society. We have a multiracial policy, and our culture naturally follows a multiracial and multicultural tenet. Over the last 53 years, we have also developed a set of…

Rethinking the future of retail spaces: Beyond collection of shops, malls need to tailor customer experience

Malls in the near future may need standout features such as a floor-to-ceiling waterfall or a rock-climbing wall, if they want to pull in the crowds. They can also complement e-commerce by offering shoppers a place to pick…

From old cinemas to classrooms, military barracks to a hotel, here’s how repurposing offers a solution to Singapore’s ageing buildings

Old buildings in Singapore are getting a new lease on life as they get repurposed into classrooms, and even hotels. Take for example an old cinema house which has been transformed into discussion rooms by PSB Academy in…

Demand for small flats edging up: OrangeTee study

Homebuyers’ affinity for shoebox units and slightly larger offerings below 800 sqft has been creeping up, according to an OrangeTee & Tie study on new sales and resales of small apartments between 2008 and 2018. The study centred…

PM Lee opens new linkway at Sengkang tree-planting event

PM Lee Hsien Loong joined some 1,500 Ang Mo Kio GRC and Sengkang West SMC residents on Sun morning at an annual tree planting event, where new facilities for the neighbourhood were also unveiled. PM Lee opened a…

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