Daily Archives: February 12, 2019 (18 Articles Found)

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MRT network hit new high in measure of reliability

The MRT network hit a new high in a measure of reliability last year, with trains clocking an average of 690,000km between delays – 3.8 times better than the year before. The stark improvement was on the back…

Contemporary art museum Moca@Loewen in Tanglin Village closes after nine years

After nine years in Tanglin Village, the Museum of Contemporary Arts in Loewen Road, also known as Moca@Loewen, shut it doors on Mon for the last time. Its lease had expired and it was not successful in the…

Food factory for sale at Boon Lay for $18 million

A single-storey detached food factory at 2 Enterprise Road is up for sale at $18 million. The property is within the JTC “Chin Bee” Food Zone, and surrounded by food suppliers and manufacturers such as Neo Garden, Khong…

Demand for HDB resale flats remained resilient in 2018

Demand for HDB resale flats remained resilient last year as the total resale volume rose 4.6 per cent y-o-y to 23,099, reaching a new high since 2012. Tampines, Bedok and Ang Mo Kio in the mature estates and…

NParks to become lead agency for animal and wildlife management

From Apr 1, all matters to do with wildlife, as well as non-food plants and animals, will be under the purview of NParks. This comes after the Amendment Bill to transfer non-food plant and animal-related functions from AVA…

Feedback on joss paper and incense burning fell by more than half since 2015: Amy Khor

Feedback on joss paper and incense burning has dropped from about 1,100 instances in 2015 to about 500 in 2018, said Senior Minister of State for the Environment and Water Resources Amy Khor in Parliament on Tues. Responding…

Faulty voltage transformer likely cause of Jan 26 power failure: Koh Poh Koon

A faulty voltage transformer at a substation in Bright Hill was the likely cause of the power failure that hit parts of Singapore on Jan 26, according to preliminary investigations by EMA. Speaking in Parliament on Tues, Senior…

Tourism Board should spice up tourist offerings in Singapore

The Singapore Tourism Board needs to look into introducing vibrancy and excitement into our city so as to attract younger and more active tourists. If one were to consider the activities available to tourists in Singapore, one would…

HDB launches first 2019 sales exercise with 3,739 flats

HDB announced on Tues that it has launched 3,739 flats in its first sales exercise of 2019. The launch comprises 3,162 BTO units and 577 ROF units across various towns/estates of Singapore. The BTO flats on offer –…

More red-amber-green arrow lights along Upper Bukit Timah Road following accidents

Red-amber-green arrow traffic lights will be installed at several junctions along Upper Bukit Timah Road after a spate of accidents, MHA Minister K Shanmugam said. There were 15 accidents on this road between 2017 and 2018, with eight…

Bukit Batok funeral parlour: Hearses should avoid residential roads, rituals confined to site

The upcoming funeral parlour at Bukit Batok St 23 will have to put in place measures to minimise inconveniences to nearby residents, MEWR Minister Masagos Zulkifli said on Tues. This includes confining rituals to its site and ensuring…

City Developments’ Whistler Grand hits 80% take-up rate despite cooling measures

Despite cooling measures, City Developments (CDL) has achieved a take-up rate in excess of 80% with 214 of 300 launched units sold for its 716-unit project Whistler Grand, Jefferies and data from URA revealed. The ASP is $1,350…

Private condo resale prices dropped 6% in January

Resale prices of private condominium slipped 0.3% MoM in Jan compared to rates in De, SRX Property revealed. Condo resale prices in CCR saw the steepest decline of 1.8%. Condo resale prices in RCR also dipped 0.6% whilst…

Home sales dropped 10.6% to 21,657 units in 2018

The cooling measures paired with economic uncertainties have clouded residential transactions in 2018 as home sales fell 10.6% YoY to 21,657 units, data from URA and ET&Co showed. The decrease in transactions was largely dragged by the 26.4%…

Divergence in home prices due to “euphoric sentiments” in private property market

The URA PPI and HDB RPI would tend to move together, but they moved in opposite directions last year due to upbeat market sentiment in the private residential market, according to MND Minister Lawrence Wong in a written…

Freehold commercial building in Jalan Besar selling for $25 mil

A freehold, four-storey commercial building in Jalan Besar is up for sale at $25 million, or $1,790 psf on GFA. The property, at 7 Hindoo Road, is near the Jalan Besar MRT Station and occupies a land area…

Launch of Florence Residences will likely set tone for others: Report

The upcoming launch of Florence Residences – a mega project with more than 1,000 units – will likely set the tone for other developments heading to the market this year, some analysts have said. Between 400 and 500…

12 stalls affected after fire breaks out at hawker centre in Telok Blangah

An overheated wok caused a fire at a hawker centre in Telok Blangah yesterday morning. At least 12 stalls were affected after the gas supply was cut as a result, Chinese-language paper Shin Min Daily News reported. SCDF…

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