Daily Archives: April 24, 2019 (21 Articles Found)

Archives
  • Daily Archives

  •   24
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  
    APPLY

Perennial’s latest divestment could signal more to come, says DBS

AXA Tower and Beijing Tongzhou are some of the potential assets to be divested, according to DBS Vickers Securities. This comes post the announcement of PREH’s divestment of Chinatown Point for $225 million, which the DBS sees as…

Funan Mall reopens in June 2019: Here are the cool tenants and amenities to look out for

Today, CapitaLand Mall Trust (CMT) announced that the upcoming Funan mall has successfully obtained its TOP and is well on track in opening its retail and office components in Q2 2019. The new Funan mall is 887,000 sqft…

At work, rest places are just as important

It is surprising that, in a modern and progressive Singapore, it should be the fate of some workers to use bin centres, pool pump rooms and carparks as rest areas. This is reportedly the situation for some, not…

Pest control industry turns to tech in bid to win rat race

Drones which locate termites in hard-to-access spots in buildings and sensors that capture the movement of rats are among new high-tech weapons being adopted by pest control companies to solve age-old problems. Innovative solutions like these are also…

First senior care centres, active ageing hubs operating 7 days a week in Ghim Moh and Telok Blangah

Two senior care centres and active ageing hubs are up and running in Ghim Moh and Telok Blangah, the first to be operating seven days a week and on public holidays as well as offering further respite to…

Property jargon of the day: Sellers Stamp Duty (SSD)

Today we look at Sellers Stamp Duty (SSD), which is a tax to prevent house-flipping. It was introduced on 10th Feb 2010, although its nature has been heavily revised since then. At present, SSD is a tax that…

5 things to look for when buying or renting an F&B space

Want to start an F&B business? The key to making it in F&B boils down to doing your homework. As anyone in the F&B industry will tell you, your location can either make or break your business. 1)…

Property jargon of the day: No-Sale License

Most property developers are granted a Sale License once their Building Plan Approval is received. This allows them to start selling units in the project, even before anything is built. But if a property developer only gets a…

Orchard’s got a new minimalist, all-white cafe in Glyph Supply Co

If whitewashed walls, tables, and chairs are your aesthetic, there’s a new cafe in Orchard with your calling card. Complete with floor-to-ceiling windows and lit by an abundance of natural light, Glyph Supply Co‘s space in 111 Somerset…

NSL, EWL re-signalling project complete, new train testing centre to open by 2022: Khaw

As SMRT completes the third of its six renewal projects in re-signalling the NSEWL, it is also stepping up the integration of its operations. Minister for Transport Khaw Boon Wan announced the completion of the re-signalling project on…

At Jewel Changi Airport, it’s an adventure before your flight departs

At first glance, visitors to the new Jewel complex at Singapore’s Changi Airport might feel like they have entered some mythical dimension. An indoor waterfall — the tallest in the world — drops 130 feet (40m) from an…

‘Some days, zero customers’: Car park closures add to Holland Village tenants’ woes

Businesses at Holland Village have been hit by the recent closure of two nearby car parks, which they said has deterred families and other customers from shopping and dining in the enclave. Seven of 10 businesses approached by…

Electric cars – solution to traffic noise

The most serious result of noise pollution is deafness (Don’t overlook harms of noise pollution for residents, by Mr Bin Hee Heng, Apr 23). Prolonged noise pollution in the background can also cause high blood pressure, heart conditions…

LED lights can make it harder to see pavements

Having driven through some roads and expressways that are lit by the new LED lamps, it is clear that these new lights are brighter and, arguably, more aesthetically pleasing. However, I am concerned that this new lighting has…

Time to tackle light, noise pollution

While major cities like Beijing, Bangkok and New Delhi battle air pollution, Singapore faces a different challenge. In 2016, Singapore was named the country with the worst level of light pollution in the world – with a pollution…

Time to reinvent Changi Airport experience

Architect Moshe Safdie’s valiant attempt to create an Avatar-like centrepiece at Jewel is sadly not matched by the surrounding middling food and retail outlets, including quite a few that are already trading in Changi Airport and elsewhere on…

Le Arc Apartment up for collective sale again at $18.5m

After a failed attempt last year, Le Arc Apartment at 6 Lorong 26 Geylang is once again up for collective sale. This time the owners expect a minimum offer of $18.5 million, down from their previous expectation of…

Three office units in Peninsula Plaza going for $9.29 mil

Three adjoining office units in Peninsula Plaza are up for sale for $9.29 million, via an EOI that will be conducted by CBRE. Units range from 1,001 sqft to 1,776 sqft, with a total area of 4,262 sqft.…

Perennial-led consortium divests entire stake in Chinatown Point Mall

Perennial Real Estate Holdings and its consortium of investors have fully divested all of their 100% interests in entities that own the retail mall and four strata office units in Chinatown Point Mall. The $225 million transaction was…

Alex Jeffrey appointed as new CEO of Savills Investment Management

Savills Investment Mgmt has appointed Alex Jeffrey as its new CEO. He will take up his new position later this year and will be based in Singapore. In addition, Jeffrey will also become a member of the Savills…

Two industrial factories at Third Chin Bee Road for sale at above $9 mil

Two industrial properties at 9 and 11 Third Chin Bee Road have been launched for sale via an EOI exercise. The two adjoining properties, zoned for “Business 2” use, are currently used for warehousing and distribution of paper…

Sign In to Bookmark This Story

Sign In with Google