Daily Archives: February 1, 2019 (21 Articles Found)

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GCB on Jervois Hill sold for close to $31 mil

A Good Class Bungalow (GCB) located on Jervois Hill in the Chatsworth GCB area has been sold for $30.88 million this month. The GCB sits on a freehold land area of 15,194 sqft, hence the sale price translates…

Focus on developing local R&D capabilities

Dyson’s decision to move its head office to Singapore and its earlier announcement to set up its electric car plant here smack of an outdated strategy put in place by EDB in 1968. Fifty years on, it is…

More than 2,500 active mobility offences recorded between May and December 2018: LTA

More than 2,500 active mobility-related offences were recorded between May and Dec last year, according to LTA on Fri. The figures followed the introduction of stricter rules on PMDs and the use of shared paths and roads under…

Part of Market Street to close permanently from Feb 17

Part of Market St in CBD will be permanently closed from Feb 17 and converted into a public park as part of plans to redevelop the former Golden Shoe Car Park site into an integrated development. Spanning about…

Singapore proptech Ohmyhome launches tri-service HDB Sellers Package

Proptech marketplace Ohymyhome unveiled its tri-service HDB Sellers Package designed for home sellers who concurrently sell and buy within a short timeframe, an announcement revealed. The package will comprise of agent services, conveyancing and mortgage advisory as it…

Where are the bike parking zones?

LTA finally introduced its new measures requiring shared bicycles to be parked in designated zones, but there seems to be an obvious flaw that needs to be addressed. LTA has not released an accessible map of these designated…

Singaporean jewellery retailer Goldheart opens concept store

Singaporean jewellery retailer Goldheart has opened its first concept store at Plaza Singapura. Themed “the contemporary communal”, this new store features a revised design concept with its first open frontage in 45 years of trading, and an interior…

Largest SK-II Boutique Spa yet opens at Raffles City

SK-II Boutique Spa by Senze Salus has launched its largest local boutique yet at Raffles City. What began in a colonial building serving an intimate group of customers has expanded into a sprawling spa with 20 treatment rooms.…

Photo exhibition showcases construction works on Thomson-East Coast line

A closer look at the tunnelling work that takes place 28m underground, how train cars are joined together, and the tasks that construction workers carry out. Such scenes and more are depicted in the photos on display at…

Bicentennial commemoration has to be more than just an anniversary

This week marks the official start of a year-long series of events to mark the 200th anniversary of the arrival of Sir Stamford Raffles on Jan 29, 1819. Yet, the irony is that the bicentennial commemoration appears to…

GuocoLand starts construction of Guoco Midtown despite 84% earnings plunge

GuocoLand’s earnings plunged by 84 percent to $10.85 million in the second quarter ended 31 Dec compared to about $66.01 million during the same period a year ago, according to an SGX filing on Thurs. “This was mainly…

How will the Orchard Road revamp affect surrounding properties?

The Orchard Road revamp, proposed back in 2017, is finally going to take effect. Following a six-month study, Orchard will be repackaged from a simple shopping hub to a “multi-dimensional” district. But what does that entail for nearby…

At 79, Mr Ang Lu Heng is the last Singaporean to run a provision shop from his home

Mr Ang Lu Heng is a rare sort of 79-year-old. Together with his wife, he lives where he’s worked for over 60 years: in Singapore’s last provision shop set in a home. The zinc-roofed space—framed by a green…

Yitu Tech opens first Southeast Asia R&D centre in Singapore

Yitu Technology has launched its R&D centre at Mapletree Business City. This marks the Chinese AI solutions provider’s first R&D centre in SEA. On Thurs, Yitu says a key focus of the Yitu Singapore R&D Centre in the…

Construction worker who fell to his death failed to secure harness to life line: State Coroner

The construction worker who fell some six floors at a construction site in Tampines to his death had not secured his safety harness to a life line, a State Coroner noted. Wu Sanyuan, 51, did not undertake the…

Electoral registers being prepared; Pedra Branca added to East Coast electoral division

The East Coast electoral division will be altered to include the island of Pedra Branca for subsequent parliamentary elections. This is according to a notification made on Fri by PM Lee, under Section 8 of the Parliamentary Elections…

The seeds for a new Orchard Road are already taking root

Many of the ideas for the revitalisation of Orchard Road are still working concepts, with the government looking to gather feedback from private stakeholders and members of the public alike. But the aim seems to be to turn…

Mortgage growth in Dec hits record low

Mortgage growth in Dec likely slowed to a record low, as property cooling measures continue to bite. Against this backdrop, overall bank lending is also expected to stay soft in 2019, reflecting caution in business sentiment. Home loans…

Orchard retailers, landlords key to rejuvenation

A 500m stretch of Orchard Road may be shut to traffic permanently, as part of plans to rejuvenate the street and turn the Dhoby Ghaut area into a green oasis. This was among the ideas proposed by government…

Tulip Garden’s $907 mil sale completed

The collective sale of the freehold 162-unit Tulip Garden has been completed successfully to the buyers, MCL Land and Yanlord Land Group, announced Colliers Intl. This comes nine months after the sale and purchase agreement for the $906.9…

Malaysia remits $15m for abortive costs incurred in suspending KL-S’pore High Speed Rail project

On Thurs, MOT said, “We have received confirmation from the Government of Malaysia through diplomatic correspondence that it has remitted to the Government of the Republic of Singapore the payment for abortive costs incurred by Singapore in suspending…

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