Daily Archives: January 22, 2019 (15 Articles Found)

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Joining the expat’s nook: Takeup rate of locals rise in co-living spaces

Expats who have found career opportunities in the Lion City drive the demand for co-living spaces where foreigners could find a home with people from all over the world whom they could be comfortable with through shared interests…

Bike-sharing users who encounter missing or damaged QR codes may appeal for waiver: LTA

Bike-sharing users who are charged service fees when they encounter missing or damaged QR codes while parking may submit an appeal to the respective companies for a waiver, LTA said on Tues. In response to queries from CNA,…

Can you really “own 20 properties with no cash down”?

These days, you can’t go five minutes on FB without being spammed by a “Own 20 properties with no cash down” ad. Is it an outright scam? The answer is no (at least not outright) – but there…

Financial institutions key in directing funds towards green development: Masagos Zulkifli

Financial institutions play an important role in directing capital flows towards sustainable development, MEWR Minister Masagos Zulkifli said on Tues. Speaking at a forum organised by Eco-Business and the UN Environment Programme, Mr Masagos added that the success…

Budget 2019 could see infrastructure spending and other moves to prop up economy: Report

Fitch Solutions analysts are looking at looser fiscal policy from the Singapore Government in Feb’s Budget, according to a short commentary out on Mon. Citing an impending global slowdown and the pressure on the Republic’s export-driven economy, the…

Cyber security giant Trend Micro sets up regional headquarters here

Cyber security giant Trend Micro has launched its new APAC, Middle East and Africa (AMEA) headquarters in Singapore. Located at Suntec City Tower 4, the 12,000 sqft office will house a new managed detection and response (MDR) security…

Delay on North-South Line due to hour-long train fault at Marsiling MRT station

Commuters on NSL faced delays during their Tues morning commute because of a train fault at Marsiling MRT station that lasted about an hour. SMRT said that a train travelling towards Jurong East had stalled near Marsiling station…

Grange Heights revives en bloc attempt for $820m

Freehold development Grange Heights located along St Thomas Walk in District 9 will be relaunched for collective sale tender for $820m which remains unchanged from its original tender price, Colliers Intl revealed. The redevelopment site comprises of 114…

S$2 million grant launched to support ground-up efforts to support recycling, cut waste

Every morning, trucks from waste-management company Sembcorp make their rounds in several estates around Singapore to pick up recyclables from the blue bins at HDB blocks. The recyclables are sorted at Sembcorp’s Materials Recovery Facility in Tuas, but…

S$72 million funding boost for construction sector

The construction sector has been slower than other industries to adopt new technologies, but as it is gradually embracing the latest advancements, it will require workers to upskill or be retrained. To support the training of construction professionals,…

Ascott Raffles Place divestment in line with market & legal practices, maintains REIT manager

The manager of Ascott Residence Trust (Ascott REIT) has filed a clarification letter to SGX in response to a letter published in the forum of ST on Mon, which questioned the gap between the valuation and buyout amount…

Maybank keeps Frasers Centrepoint Trust at ‘buy’ after solid start to FY19

Maybank Kim Eng is maintaining its “buy” call on Frasers Centrepoint Trust (FCT) due to improved occupancies across all of its assets and positive rental reversions. The research house is remaining “positive” on S-REITs sector with a preference…

Plum site yielding over 400 condo units awarded

URA on Mon awarded a 125,326.36 sqft private residential site at Kampong Java Road to CELH Development, which submitted the highest bid of $418.38 million out of a total of seven bidders. The bid by Chip Eng Seng…

About 70 Pines club members to sue Exklusiv Resorts

Disgruntled members of The Pines club are edging towards a face-off in court with motoring tycoon Peter Kwee, as nearly 70 of them – and counting – have come together to sue Mr Kwee’s company, which owned and…

Passengers forced to disembark after train stalls along Bukit Panjang LRT line

A disruption along the Bukit Panjang LRT (BPLRT) line on Mon night forced passengers to disembark from the train they were on and walk along the track to Fajar station. The train had stalled between Fajar and Bangkit…

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