Daily Archives: December 21, 2018 (20 Articles Found)

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The next unicorn: JustCo set to be billion-dollar start-up

JustCo, one of the biggest co-working space providers in Singapore, has 13 co-working spaces already in operation locally. Two more are set to open next year: at 20 Collyer Quay in 1Q and China Square Central in 4Q.…

Properties put up for auction surged, particularly in last quarter of 2018: Knight Frank

The number of properties put up for auction surged by almost 50 per cent this year compared with 2017, even as the number that successfully went under the hammer fell sharply. There was a rush of listings in…

Property auction sales hit 7-year low

The overall value of properties that were successfully sold via auction nearly halved from $101.5 million in 2017, ending the year at $54.12 million, the lowest since 2012, according to a new report from JLL. “The looming trade…

Woodlands industrial site triggered for tender

Industrial landlord JTC on Thurs announced that it has accepted an application to put up an industrial site at Woodlands Ave 12 for sale by public tender. The site was made available for application via the reserve list…

Changi Airport passenger movements up 4.5% to 5.4m in Nov

Changi Airport handled about 5.4 million passenger movements in Nov, up 4.5 per cent year on year, it said on Fri. Aircraft movements increased 2.5 per cent to 31,910 landings and take-offs in the same month. Meanwhile, airfreight…

How much must you earn to buy a luxurious condominium in Singapore?

A luxurious condominium can mean an upgrade of status, another investment, or a lavish place of one to return to after a long day of work. Affordability is important as you do not want to purchase a condominium…

5 reasons why electric cars are still unpopular in Singapore

Electric cars are a very good alternative to traditionally-fueled vehicles for various reasons. Predominantly because they are better for the environment than vehicles that operate on other fuel types. However, it appears this trend is not going to…

NEA to accept new vehicle emissions test standard from Jan 1

From next month, NEA will accept a new vehicle emissions test standard that better reflects actual emissions under real-life driving conditions. NEA said on Fri that it will begin accepting results from the Worldwide harmonised Light vehicles Test…

Tree species planted in post-1960s Singapore but rarely seen now

The tree that crashed on the shelter at Sembawang Park belongs to the Erythrophleum suaveolens species, said NParks. According to a former senior arborist at the Singapore Botanic Gardens, Mr Lahiru Wijedasa, the species originated in Africa and…

Singapore ranked among top 10 cities for dining and shopping: Mastercard Index

Singapore is ranked among the top 10 cities for both dining and shopping, according to the latest Mastercard Global Destination Cities Index: Indulgences, released on Fri. The index ranks 162 cities in terms of total international overnight visitors…

Two trees that fell in Sembawang Park assessed as healthy in May 2017: NParks

The two trees that fell in Sembawang Park on Thurs night were assessed to be healthy at their last inspection in May 2017 and might have fallen due to heavy winds, said NParks’s group director Chuah Hock Seong.…

Joo Koon accident: Employee’s amputation due to maintenance train running over right foot, says SMRT

The SMRT staff member whose lower right leg was amputated following an accident near Joo Koon MRT station was injured when a maintenance train rolled over his foot, said the rail operator on Fri. SMRT added that the…

Clear skies for Singapore office sector – but beware potential headwinds

Singapore prime CBD Grade A office rentals are heading into their third year of increases on the back of steady demand amid tightening completion of new office space. Property consultants are generally still painting a picture of clear…

6 more contracts awarded for North-South Corridor; works to begin end-2019

Construction on six more sections of Singapore’s first integrated transport corridor is expected to begin by the end of 2019, LTA said on Fri. Contracts worth S$3.14 billion for the design and construction of six sections of the…

GuocoLand appoints JustCo to operate co-working space at 20 Collyer Quay

Singapore’s largest home-grown co-working operator JustCo will open its 15th shared workspace locally at 20 Collyer Quay next Apr. The co-working provider has been appointed by building owner GuocoLand to design and manage the three-story, 16,800 sqft flexible…

BCA takes aim at prams on escalators, encourages operators to put up safety posters, stickers

It is common to see strollers go up on escalators, but BCA wants such sights to go down in number. There were eight reported escalator incidents caused by the use of strollers since the start of last year,…

‘Lucky’ stall at Chinatown bazaar goes for $13,899 – highest in six years

A stall at the Chinese New Year festive bazaar in Chinatown next year went for a whopping $13,899 in rental. This is the highest bid in six years. The bid was for the “lucky” stall in the Chinatown…

Succeeding as a hawker: Industry veterans say conditions are challenging but not impossible

Walk into any hawker center in Singapore and one might come across one of six food ventures by Yu Kee Group including the eponymous Yu Kee Braised Duck Rice stall. Apart from their famous duck rice, Yu Kee…

Singapore’s 4th telco TPG reveals mobile service trial in 2019

After months of silence and as the deadline to roll out nationwide outdoor mobile service coverage here loomed large, Singapore’s fourth telco TPG Telecom finally showed more of its intentions for this market. On Fri, TPG said it…

Fire breaks out at Rentokil Initial building in MacPherson; woman taken to hospital

A woman has been taken to hospital after a fire broke out at Rentokil Initial in MacPherson on Fri morning. SCDF said it responded to the incident at 16 Jalan Mesin at about 9.20am. “Upon SCDF’s arrival, the…

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