Daily Archives: November 28, 2018 (16 Articles Found)

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The sharing economy for energy is coming to Singapore

A Singapore start-up has launched a trial for the country’s first peer-to-peer energy trading platform. Called Synergy, the platform will enable Singapore residents to produce, buy and sell renewable energy to one another. Residents will be able to…

Property Tax Relief – Are you entitled to one?

Singapore has several property tax relief programs, with different levels of benefit available depending on the characteristics of the taxpayer. The most common form of property tax relief is the one provided for individual or married couple who…

What condo size is right for you?

The typical Singaporean will buy the biggest possible condo they can afford. When it comes to houses, bigger is not always better. Instead of thinking in terms of sqft or rooms, think in terms of your household type.…

ESG factors in play; companies must take sustainability metrics seriously

Since SGX mandated listed companies in 2016 to produce sustainability reports on a “comply or explain” basis, listed companies have been more proactive in publishing their reports. According to the latest Sustainability Reporting in Singapore study NUS Business…

Anywheel, QIQ among seven operators set to apply for e-scooter sharing licences

Singapore bike-sharing firm Anywheel and new player QIQ will soon jostle for space in what could become a crowded electric scooter sharing market in 2019. They are among seven operators who have confirmed with Channel NewsAsia that they…

Overwhelming support makes Singapore’s Year of Climate Action a success: Masagos Zulkifli

Art competitions, apps to track carbon footprints, and outreach programmes to encourage recycling were all part of the efforts made for Singapore’s Year of Climate Action. The campaign to rally Singaporeans together to work towards a sustainable Singapore…

Orchard Road public areas designated as No Smoking Zone from 1 Jan

Public areas within Orchard Road will be designated as a No Smoking Zone (NSZ) with smoking only allowed at designated smoking areas (DSAs) from 1 Jan next year, following a six-month delay. Smoking corners at food retail establishments…

Cooling measures dampened buying sentiment in Q3: report

The government’s latest round of property cooling measures dampened buying sentiment in the private residential market during the third quarter of 2018, said ET&Co in a report. This comes as en bloc sales came to a halt while…

Singapore among Asia’s top 3 locations for tech, finance firms

Singapore has emerged as Asia’s second best office rental market for tech firms and the third for financial institutions, revealed a new report published by Colliers Intl on Tues. According to the property consultancy’s report entitled “Top Occupier…

Mapletree Commercial Trust started at ‘buy’ on attractive investment attributes

As at Nov 27, OCBC Investment Research sees potential total returns of about 15%. In a Wed report, analyst Andy Wong highlights MCT as a REIT that would provider investors the “best of most worlds” considering its diversified…

Prices of completed condo, private apartments drop by steeper 0.6% in Oct: NUS index

Prices of completed private apartments and condominiums in Singapore fell further by 0.6 per cent in Oct from the previous month, accelerating from a 0.2 per cent month-on-month decline in Sept. This is according to NUS’s flash estimates…

Melbourne beats Singapore as top real estate investment market

Singapore lost to Melbourne as the top real estate investment market in APAC due to its constrained office supply pipeline, good yield over the cost of debt and sovereign bonds, a deep and liquid core market and good…

Beauty World Plaza and Upper East Coast Road sites for sale

Knight Frank has launched two redevelopment sites – Beauty World Plaza, and a landed residential site on Upper East Coast Road – for sale, at guide prices of $165 million and $18 million respectively. Beauty World Plaza is…

Falling piece of concrete injures man outside Wanderlust Hotel

A man believed to be a 35-year-old Malaysian national was injured after being hit by a falling piece of concrete outside Wanderlust Hotel on Dickson Road on Tues. SCDF said it was alerted to a call for medical…

HDB in collaboration to develop ‘useful’ apps, services for residents

Apps and services for HDB residents could soon be developed as part of the agency’s plans to improve the living environment in its estates. Under the Pulse of the Heartlands programme, HDB will partner Sentient.io, StarHub, IBM and…

Reviewing the airworthiness of Singapore’s air taxi dreams

Discussions about flying cars as a mitigating measure to traffic congestion in urban areas like Singapore have been around for a long time. But in Singapore, it has not taken root because of burning transport issues and cynicism…

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