Daily Archives: February 22, 2019 (20 Articles Found)

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Water leak in Punggol home unresolved after 8 months; HDB, town council assisting

Dirty water has been seeping from a wall in the master bedroom of her Punggol HDB home since June 2018. Despite contacting both HDB and PRPTC at the time, Ms Viola Lam’s family still has to clean up…

2019 M&As may still top 2018’s, with property dominating deals

Capitaland’s acquisition of Ascendas-Singbridge for S$11 billion may have opened the year with much optimism for billion dollar tie-ups, but the truth of it is that deals of this size are likely to be few and far between.…

There’s still room for ‘calculated risks’, says Kwek

Even with global uncertainties like trade tensions, questions around Brexit and global economic growth, executive chairman of property giant City Developments (CDL) Kwek Leng Beng does not think things will be all that bad. But it is still…

Criteria for means testing can be further simplified

In a recent letter, MOF stated that in designing different schemes, care is taken to minimise complexity (Various means-testing criteria used for social schemes, Feb 15). This is not the case in reality. I refer to the different…

Gaming giant Razer to build S$100 million Southeast Asia headquarters at one-north

On 22 Feb 2019, Razer celebrated the launch of its upcoming SEA headquarters in Singapore with a groundbreaking ceremony graced by the Minister for Finance Heng Swee Keat. The groundbreaking ceremony marked the beginning of the construction of…

Consumers should switch retailers when price plan goes sour

The OEM is currently being rolled out across Singapore to increase market competition in the industry and, thus, lower the electricity price. While the motivation and mechanism of such a market are sound in theory, the outcome may…

Clearer laws on road etiquette needed

Riding bicycles in Singapore has evolved from a cheap alternative mode of transportation into a full-fledged recreational activity. As the number of cyclists continues to expand rapidly, the problems associated with sharing the roads have also increased dramatically.…

CityDev gears up for series of launches with eye to replenishing land bank

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As City Developments (CDL) gears up for its slew of residential project launches, it’s also taken a liking to some GLS sites later this year. The property group also won’t rule out occasional en bloc deals. Group CEO…

Prime Orchard Road retail rents edge up 1.5 per cent

Average monthly Orchard Road retail rents of prime first-storey space increased by 1.5 per cent to $37.80 psf last year. The increase was generally supported by healthy occupancy rates of above 94 per cent and limited new supply…

Reimagining Singapore’s history through storytelling

What comes to mind when you think of Singapore’s history? Do you think of the landing of Sir Stamford Raffles, World War II, the separation of Singapore and Malaysia, or a historical fact you picked up from a…

Wolbachia mosquitoes to be released at expanded Nee Soon, Tampines sites in next phase of study

Male Wolbachia-carrying mosquitoes will be released at expanded sites in Nee Soon and Tampines, under the next phase of a study to reduce the Aedes mosquito population and fight dengue. The third phase of the NEA’s Project Wolbachia…

NHB to refresh World War II markers in 4 official languages and Japanese following George Yeo’s ‘feedback’

NHB said it will update the design of the World War II markers in Singapore to include the four official languages and Japanese after former foreign affairs minister George Yeo expressed dismay that a Changi Beach monument on…

Lady M New York’s Orchard Central reveals newly revamped boutique store

Officially rebranded to Lady M New York, ladies, be ready to get cozy at their newly revamped flagship store at Orchard Central. Lady M Orchard Central’s facelift brings in a stunning larger-than-life trellis installation that works as a…

Tech-focused real estate start-up Echo Base backed by Razer CEO Tan Min-Liang announced

Razer CEO Tan Min-Liang is poised to shake up traditional real estate development with a new startup that aims to incorporate AI, IoTs, and other next-generation technologies in real estate projects. Named Echo Base, the Singapore-based digital real…

Rio Vista penthouse sold before auction for $1.5 mil

A penthouse unit at Rio Vista on Upper Serangoon View was sold before its scheduled auction for the second time on Feb 26. Offered for mortgagee sale, the 2,271 sqft unit was first put up for auction by…

OrangeTee pushes digital frontiers with new tech initiatives

OrangeTee unveiled three new tech initiatives at its annual OrangeTee Business Conference 2019 on Feb 20. The company will be rolling out new features for its in-house agent app: a ride-hailing option, a component for its agents to…

Singapore to lead 2019 office rental growth in the Asia-Pacific: M&G Real Estate

Singapore is expected to record the highest office rental growth in 2019, outperforming other countries in APAC, according to M&G Real Estate in its Asia Real Estate Market Outlook report. Singapore’s office market will take the lead due…

Singapore has a better Bali on its doorstep, developer says

Singapore’s second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali. Property values at Sentosa Cove, a residential area nestled on a tiny island off the south coast,…

Merlion statue to undergo first restorative works since 2015

The main Merlion statue at Merlion Park will be undergoing restoration works for the first time in three years. From 26 Feb to 6 May, the statue will not be available for photo-taking, as scaffolding will be erected…

JB port limits issue ‘can be resolved in the near future’: Malaysian foreign minister

Malaysia’s Foreign Minister Saifuddin Abdullah believes that there has been positive progress on the Johor Bahru (JB) port limits issue between Singapore and Malaysia, and that it can be resolved in the near future. Malaysian Bernama reported that…

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