Daily Archives: March 18, 2019 (19 Articles Found)

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Lian Beng subsidiary wins $117 mil construction contract

Lian Beng Group says its wholly owned subsidiary, Deenn Engg, has a secured a contract worth $117 million to construct a building over a period of three years starting from Mar 19. Details of the building’s location, space…

Residents appeal for safer road after fatal accident at Marine Parade roundabout

An accident between a car and a pedestrian at a roundabout in Marine Parade left the 82-year-old pedestrian dead on Mon. The accident occurred at a roundabout where Silversea Condominium is located. Silversea resident Sandra Zecasper, 38, had…

Woman arrested for setting fire to grass in several areas

A 31-year-old woman has been arrested for allegedly setting fire to grass in several parts of eastern Singapore. Police said they were alerted to an incident along Lorong 12 Geylang on Mon at about 8.50am. Preliminary investigations showed…

Bike-sharing firms hit a dead end in Singapore

The faltering bike-sharing industry in Singapore was dealt another heavy blow when Mobike applied to surrender its license to LTA, raising questions about the sustainability of the business model in a city where last-mile transport issues remain unresolved.…

Why my first home purchase is a HDB flat I may just outlive

I am 29 years old, know full well that a HDB flat will be worth nothing when its 99-year lease expires. But I got one anyway. And I am not talking about a brand new BTO flat. Rather,…

OCBC wary of residential sector’s near-term outlook in spite of encouraging data

OCBC Investment Research is maintaining “neutral” on Singapore’s residential sector despite the recent recovery in Singapore developers’ stock prices and the announcement of a new CRL, which helped to boost Feb m-o-m private home sales volumes by 4.4%.…

Wework’s new space at Jln Besar lets you have a beer, dip in the pool, then get back to work

Global coworking company WeWork recently opened its newest space in Singapore, a cosy location at Arc 380, 380 Jalan Besar. With this addition just opened on 5 Mar 2019, they now have a total of 10 shared office…

Known for massive collection of Japanese books, Kinokuniya Liang Court to shut down after 36 years

It’s the end of an era for the beloved Kinokuniya bookstore at Liang Court. After 36 years, the outlet at the Clarke Quay shopping mall will bring down its shutters for one last time on Apr 21. “With…

Cable cuts leading cause for telco disruption; IMDA to set earthworks procedures for contractors

Telecommunication network operators and contractors will receive standardised requirements on earthworks to prevent cable cut incidents, which have been the main cause of telecom service disruptions in recent years, IMDA said on Mon. By Jun 1, earthworks contractors…

Lee Chuan Seng appointed NEA chairman

NEA has appointed Mr Lee Chuan Seng as the chairman of its board of directors with effect from Apr 1. On Mon, NEA said he will succeed Mr Liak Teng Lit who has been chairman of the board…

Debt payment behaviour of Singapore’s construction sector worsens in Q4 2018: study

The construction sector in Singapore saw worsening debt payment behaviour as less debt was paid on time while delinquent debt almost doubled in the fourth quarter of 2018. DP Information Group in a report noted that just 25…

NParks working to preserve Ubin’s rusticity

We thank the public for their feedback. Since taking over as the central managing agency for Ubin in 2016, NParks has sought to maintain and enhance the island’s much-loved rusticity. Our priorities were to ensure the safety of…

Centre’s water features run contrary to making every drop count

It is reassuring that the message of conserving water is being taken to schools, as good habits need to be inculcated at as young an age as possible. At the same time, however, there are some new buildings,…

Lack of recycling system sends bad message

It is good news that the Government will be investing more in infrastructure to protect against the adverse effects of global warming. However, these efforts would be in vain if people do not recycle and the Government does…

Understand link between noise and quality of life

I believe the problem of construction noise lies with the small and medium-sized contractors. Their haphazard attitude to noisy demolition work and the lack of wherewithal to invest in modern equipment seem to be the cause of many…

S’pore remains unaffected by chemical spill incident in Pasir Gudang: Authorities

Singapore’s air and water quality remains safe, and its water supply is unaffected by the chemical spill incident at Sungai Kim Kim in Pasir Gudang, Johor, the Republic’s authorities said on Sun. AVA, NEA, PUB and SCDF said…

Penthouse at The Berth by the Cove changes hands for $1,021 psf

A 2,939 sqft, four-bedroom penthouse at The Berth by the Cove was recently sold for $3 million ($1,021 psf). Based on URA Realis caveats, the psf price is the lowest for a resale unit in the 200-unit project…

Unit at The Heliconia going for $1.3 mil

A 1,302 sqft, three-bedroom apartment at The Heliconia, on Jalan Daud in Kembangan within District 14, will be put up for auction on Mar 27. This is an owner’s sale with a guide price of $1.3 million ($998…

CapitaLand CEO gets S$4-4.25m pay package for 2018

CapitaLand CEO and president Lee Chee Koon, who assumed the top post in Sept 2018, was rewarded with a remuneration package of $4 million to $4.25 million for 2018. In its annual report filed with SGX on Mon,…

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