Daily Archives: March 22, 2019 (28 Articles Found)

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BS Capital offers Hmlet@Lumiere portfolio for $93 mil

On Fri morning, Mar 8, Raymond Ng, founder of property development firm BS Capital, paid an impromptu visit to Lumiere. He toured some of the newly furnished apartments on the top 12 floors of the 45-storey residential tower…

Prestigious living in Tanglin

Nestled between Holland Village and Orchard, Tanglin is a quiet but sophisticated neighbourhood that offers stunning greenery and exclusivity for the privileged few. Characterised by high-end condos, grand landed homes and foreign embassies along its tree-lined streets, the…

Family home at The Ladyhill for $7.5 mil

Husband and wife, Arjan and Amber De Boer, were looking for a home in 2004 when they came across The Ladyhill, a boutique luxury condo located next to Shangri-La Residences, just off Orange Grove Road. The design concept…

Guy drives into Hougang HDB block void deck to drop off passengers during heavy downpour

A driver thought it would be a good idea to drive into the void deck of Blk 712 Hougang Ave 2 to drop off his passengers during a heavy downpour on Thurs afternoon. A Stomp contributor recorded the…

Green label for water efficient equipment to be rolled out as early as next month

Water-efficient equipment such as commercial dishwashers will soon carry a green label, in an effort to help businesses such as hotels and restaurants, conserve water. This is the latest move in Singapore’s push to ensure that taps here…

From birdcage maker to spice shops: The tourist experience in the heartlands

Tucked away in a quaint shophouse in Ang Mo Kio stands a birdcage-making shop – a sight rarely seen in Singapore today. Cage Making 159 belongs to Teng Leng Foo, who has experience in this craft stretching back…

Freedom to install charger

To reduce pollution in Singapore, the Government should encourage electric car ownership. However, it is difficult to charge an electric car if one lives in a condominium. I recently bought an electric car, but the condominium mgmt refused…

Install grab bars in rental flats

I have heard of a number of accidents and even deaths caused by people slipping and falling in the bathrooms and toilets of old one-room HDB rental flats. These flats are typically rented by the elderly. The bathroom,…

Potential costs outweigh benefits

Fortunately, NEA has no immediate plan to introduce a “pay as you throw” waste disposal system (‘Pay-as-you-throw’ system to limit household waste?, Mar 15). If residents were forced to pay as they throw, it would likely result in…

Introduce incentives to reduce waste

Instead of a “pay-as-you-throw” scheme, which could lead to abuse, waste reduction incentives could be introduced (‘Pay-as-you-throw’ system to limit household waste?, Mar 15). Residents could be rewarded with discount coupons for supermarkets if they have contributed a…

Are S’poreans ready?

The possibility raised by a NEA official that Singapore residents may in future be asked to “pay as you throw” would be a novel idea for Singaporeans, but may not be the most practical (‘Pay-as-you-throw’ system to limit…

Focus on High Speed Rail, not more bridges

It is not clear why Malaysian PM Mahathir Mohamad suggested that Singapore and Malaysia need three to four more bridges. We are close neighbours, but have no need for more than the two existing links, as Singapore is…

Recycling chutes sealed temporarily

We thank Miss Lee Kay Yan for her feedback (Lack of recycling system sends bad message, Mar 18). As part of the town council’s ongoing efforts to safeguard new infrastructure, recycling chutes in new precincts were sealed temporarily…

Keep hiking trails open after working hours

Given that the Government has urged Singaporeans to get out and keep fit, it seems counter-productive for NParks to have closed hiking and biking trails in our nature parks such as the Butterfly Trail and Woodcutter’s Trail. The…

The Alley Singapore to open two outlets

Taiwanese bubble tea chain The Alley Singapore is opening two outlets in mid-Apr. The first of a new global concept called The Alley Luxe is set to open in Cineleisure. The concept carries what the brand describes as…

SGH ranked world’s third best hospital by Newsweek

SGH has been ranked the third best hospital in the world by Newsweek magazine, in part for its clinical research and “outstanding nursing”. It comes behind two American hospitals, the Mayo Clinic and Cleveland Clinic. The magazine said…

Moncler’s flagship store at Marina Bay Sands is the largest in Asia

Who says retail is dead? Apparel and lifestyle company Moncler just revealed its newest brick-and-mortar store at MBS, Singapore on Thurs. The new Moncler boutique covers a total area of 5,600 sqft spread across two floors, making it…

MindChamps acquires Punggol Northshore centre for $3.8 mil

MindChamps PreSchool’s Singapore subsidiary is fully acquiring MindChamps PreSchool @ Punggol Northshore from the centre’s owner, known as Chen Han, for a total consideration of $3.79 million. In a filing on Fri, MindChamps PreSchool says the latest acquisition…

ERA Realty Network launches $1m startup grant

ERA unveiled a $1m start-up grant to help real estate salespersons (RES) transit into the industry, following the completion of the RES examination by CEA in Feb. Dubbed the New RES Start-Up Grant, the grant will aid in…

Delay in industrial property completions in 2018 to boost supply in 2019

This chart from DBS shows a jump in supply and demand of industrial properties are to be expected in 2019. The supply surge in 2019 could be the result of a delay in completions in 2018. However, DBS…

PGIM Real Estate AsiaRetail Fund’s assets could propel Frasers Property’s retail mall position

Frasers Property’s strategy to “double down” as one of Singapore largest retail landlords is unfolding, following its move to raise its stake in PGIM Real Estate AsiaRetail Fund from 29.99% to 47.82% for $601.5m, according to a report…

‘The struggle is temporary’: SG Bike founders predict bright future ahead for bike-sharing

In a recent interview with CNA, the three founding members of local start-up SG Bike maintained that they had no regrets about their decision to start the company, even though many observers have noted that the bike-sharing industry…

2018 was one of the warmest years in Singapore, says Climate Assessment Report

Last year was the joint-eighth warmest year since Singapore first began recording temperatures in 1929, with an average temperature of 27.9°C, according to the 2018 Annual Climate Assessment Report released by MSS on Fri. All of Singapore’s top-10…

Property investment sales up 31.4% in Q1

Despite the absence of major office en bloc deals, preliminary investment sales volume for the first quarter of 2019 increased 31.4 percent quarter-on-quarter to $3.59 billion, revealed CBRE. The residential sector continued to account for the majority of…

MP Zainal Sapari urges firms to give proper rest areas to low-wage workers

A cleaner rests in a corner of an open area of a building during his lunch break, almost hidden behind stacks of equipment. Landscape maintenance workers for a major shopping mall in the west have to loiter around…

Road closure in Tampines on March 29 for construction of overhead bridge for new HDB blocks

A section of Tampines Ave 6 and Tampines Ave 11 will be temporarily closed to traffic next Fri for the construction of a new overhead bridge. The closure, which will be from 1am to 5am, will affect the…

PUB’s focus on water security but Hyflux consortium could walk away: Analysts

Singapore’s water security is the only thing that matters, and that is all water agency PUB was concerned about in announcing last night that it would take control of Tuaspring’s desalination plant, should Hyflux subsidiary Tuaspring Private Limited…

PUB to Salim-Medco: Don’t use us as excuse to pull out of Hyflux deal

Hyflux’s reluctant white knight should not use PUB as an excuse to back out of its investment agreement with the water company, the national water agency said on Thurs. PUB clarified that if Hyflux subsidiary Tuaspring Pte Ltd…

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