Daily Archives: April 8, 2019 (27 Articles Found)

Archives
  • Daily Archives

  •   08
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  
    APPLY

JTC awards tender for Woodlands site

The tender for a 20,937.7 sqm industrial site at Woodlands Ave 12 has been awarded to Soon Hock Investment Group, which submitted a bid of $82 million, announced industrial landlord JTC. Zoned for Business 2 use, the 30-year…

Property jargon of the day: OTP

The Option to Purchase (OTP) allows a buyer to “lock down” the property they’re interested in, while also protecting the seller (they don’t want to turn down other prospective buyers in favour of you, and then find out…

NTU scientists create new material which can strengthen buildings and make walls bomb resistant

Scientists at NTU who set out to create a material that can be used on buildings to make the walls and columns stronger have come up with a wrap that is not only bomb-resistant as well, but also…

CapitaLand to buy Temasek’s Ascendas-Singbridge shares for $6.04b

CapitaLand is set to buy 100% of Temasek Holdings’ shares in urban solutions provider Ascendas-Singbridge for $6.04b, an announcement revealed. The purchase will be financed by debt and other financing options amounting to $3.02b, whilst the remaining half…

Woodlands Regional Library temporarily closed due to water leakage

Woodlands Regional Library had to be closed temporarily after water leaked from a burst pipe, NLB said on Mon afternoon. The library will reopen to visitors on Tues, it added and directed visitors to nearby libraries in Sembawang…

Big Box building in Jurong East put up for sale by managers

The Big Box industrial building in Jurong East has been put up for sale by its receivers and managers. The development was last put up for sale in May last year. The eight-storey facility is approved for Business…

Laguna Park attempts en bloc sale again at $1.48 bil price

The 516-unit Laguna Park, located off Marine Parade Road, has relaunched a collective sale bid at $1.48 billion. The 40-year-old residential estate last attempted a collective sale in Sept last year with the same price tag, or a…

Singapore and Malaysia working on agreement to suspend Johor-Singapore rail link for six months

Singapore and Malaysia are working on an agreement to suspend the RTS linking JB and the Republic for six months at Malaysia’s request, Singapore’s Transport Minister Khaw Boon Wan said on Mon. “Both our respective AGs and officials…

Singapore, Malaysia to develop GPS-based instrument approach procedures for Seletar Airport to replace ILS

Civil aviation authorities from both Singapore and Malaysia will work together to develop GPS-based instrument approach procedures for Seletar Airport, replacing the ILS procedures which were withdrawn over the weekend, the transport ministers from both countries said on…

ExxonMobil’s plant expansion won’t affect Singapore’s Paris Agreement commitment

ExxonMobil’s latest project in Singapore will not affect the country’s Paris Agreement commitment, said a spokesperson for NCCS. The US oil company announced on Apr 2 a multi-billion dollar expansion of its integrated manufacturing complex in Singapore that…

Skechers Singapore to open first duplex store

Skechers Singapore is opening SEA’s largest and first duplex experiential concept store, at Jewel Changi this week. Set to open on Thurs, the 5,000 sqft space will incorporate new visual-merchandising and store-design elements with the use of bright…

Gianvito Rossi opens first SE Asian flagship

Luxury shoe retailer Gianvito Rossi has opened its first Southeast Asian flagship store in Singapore. The boutique is a further step in the collaboration between the brand and Milan-based architect Patricia Urquiola. While all Gianvito Rossi stores are…

Malaysian bakery Lavender opens first Singapore outlet

Malaysian bakery Lavender is opening at Jewel Changi in Singapore this week. Set to open on Thurs, the store will sell Lavender’s buns, French-style choux cream puffs, and house-made pandan kaya. Located next to the 40m-high Rain Vortex…

Address social impact of gambling before expanding casinos

While the Government harbours great plans for extensive expansion of the two integrated resorts (IRs), one cannot help but notice that there is a parallel concern about the social impact of gambling. If the Government has been closely…

Waiting list for childcare centres shrinks by almost half

It is now easier for parents to score childcare spots for their kids, as the total number of childcare places here crosses the 170,000 mark. The number of children on the waiting list for childcare centres has almost…

Rochor Centre’s iconic blocks disappear

Floor by floor, the iconic rainbow-coloured Rochor Centre came tumbling down. Over nine months since June 26 last year, excavators clawed at the four public housing blocks until there was nothing left: first with the blue and yellow…

S-Reits tipped for further gains as rate hike fears subside

After a good run this year, S-Reits are likely to remain in vogue amid a more dovish Fed Reserve and room for further growth. Analysts pointed to hospitality and industrial Reits among their preferred sectors on the back…

Circle Line service delayed during morning rush hour after woman’s leg gets stuck in platform gap

Train service on the Circle Line was briefly delayed during the morning rush hour on Mon after a commuter’s leg became trapped in the gap between the platform and a train. This happened at about 8.45am at Buona…

Provide incentives to boost recycling

It is disheartening that domestic recycling rates have remained low, with only 21 per cent of waste produced by the domestic sector being recycled in 2017. One way to encourage recycling is to offer monetary benefits to reward…

Help the elderly to switch retailers

There is a huge barrier of entry for the elderly with the roll-out of the OEM. To make a switch in electricity provider, a person would preferably compare prices of competitors online. He would then need to find…

Electricity retailers must adhere to EMA’s code of conduct

We thank Miss Lee Mei Ling for her letter (Are there sales guidelines for electricity retailers?, Mar 26). To protect consumers, EMA has implemented a Code of Conduct for Retail Electricity Licensees that electricity retailers must adhere to…

Has Open Electricity Market led to unnecessary cost and confusion?

With the new OEM, retail customers now have the option of choosing their electricity supplier and enjoying a lower price. This is supposed to be good news for consumers. However, many remain confused. They do not know which…

More can be done with integrated resorts’ expansion plans

The two integrated resorts (IRs) have certainly done a very good job raising the quality of our tourism and lifestyle sector over the last decade. Kudos in particular to MBS team for constantly striving for offerings that are…

Malaysia and Singapore mutually suspend overlapping port limits

Malaysia and Singapore have mutually suspended the implementation of their overlapping port limits, MPA said on Mon. The suspension took place at a minute past midnight on Mom. As such, both countries have applied their port limits in…

3-day closure for up to 5 NSL stops to allow for Canberra station construction

Up to five MRT stations between Admiralty and Yio Chu Kang will be closed over the Vesak Day long weekend in order to facilitate construction for the nearly completed Canberra station. On Mon, LTA said the staggered closures…

Cement mixer accident disrupts power supply to homes

A cement mixer truck hit an electricity overground box in the Serangoon Garden area on Sat afternoon, disrupting power supply to 21 households. The police and SCDF said they were alerted to the accident at 67 Blandford Drive…

OUE C-REIT and OUE H-Trust in merger to create diversified S-REIT with $6.8b in assets

OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE H-Trust) is proposing a merger to create one of the largest diversified S-REITs with total assets of up to $6.8 billion. The proposed merger will be effected by…

Sign In to Bookmark This Story

Sign In with Google