Daily Archives: April 29, 2019 (16 Articles Found)

Archives
  • Daily Archives

  •   29
    M T W T F S S
    1234567
    891011121314
    15161718192021
    22232425262728
    2930  
    APPLY

Lawyer suspended four years for failure to supervise clerk who turned out to be conman

A veteran lawyer ignored a series of red flags on the “unorthodox” conduct of his conveyancing clerk, who turned out to be a conman, misappropriating about $848,000 from 17 clients. The fraudster, Sim Tee Peng, later repaid a…

Sim Lim Square seeks collective sale with $1.25 billion reserve price

Sim Lim Square, Singapore’s well-known tech shopping mall in Rochor Canal Road, was on Mon put up for collective sale via public tender with a reserve price of $1.25 billion. Its 423 owners each stands to receive between…

Singapore industrial a picture of cautious optimism

The Singapore industrial is a picture of stability with cautious optimism ahead for 2019, said a JLL commentary on JTC’s Industrial Rental Index in Q1 2019. The report said that the Singapore industrial property market starting the year…

Colliers appoints Bastiaan van Beijsterveldt as director of occupier services

Colliers Intl has appointed Bastiaan van Beijsterveldt as director of occupier services to drive business development in this segment for the real estate firm. Based in Singapore, he will be responsible for identifying and pursuing new business opportunities…

National Gallery Singapore’s rooftop installation features living plants from reclamation sites

Land reclamation has always been part of Singapore’s history in order to construct new space for a growing population. With this theme in mind, National Gallery Singapore has commissioned artist Charles Lim Yi Yong to transform its Ng…

Public feedback sought for transformation of Float @ Marina Bay into NS Square

Members of the public have been invited to offer their suggestions for the redevelopment of The Float @ Marina Bay, which will be renamed NS Square once the works are completed. The government will be taking “ideas and…

How Shimizu Corporation plans to give Singapore more space by the sea

With only so much land to go around, space-starved Singapore is looking at floating homes as a possibility to ease its crippling land shortage. Japan-headquartered engg firm Shimizu Corp thinks that more space can be unlocked by the…

Analysts still upbeat on Starhill Global REIT despite mixed 3Q performance

Starhill Global REIT (SGREIT) gross revenue was 0.9% lower y-o-y at $51.3 million, bringing NPI to $39.6 million, 1.8% lower than $40.3 million last year. Although the REIT saw an improvement in tenant sales and shopper traffic, Wisma…

Far East Hospitality Trust NPI up 9% to $25.07m in Q1

Far East Hospitality Trust’s (Far East H-Trust) NPI edged up 9% YoY to $25.07m in Q1 from $23.01m in 2018, an announcement revealed. Revenue also grew 8% YoY from $25.72m to $27.79m. Far East H-Trust’s earnings was boosted…

Property jargon of the day: Progressive Payment Scheme (PPS)

Today we look at the Progressive Payment Scheme (PPS). The PPS is used for properties that are still under development (also called Buildings Under Construction or BUC). Rather than pay for the whole property at one go (as…

Mismatch for residential take-up and launches in Q1

Some analysts say this might be a sign that potential buyers are resisting current price levels amid the mid the property cooling measures. According to URA’s quarterly figures released on Fri, developers launched 2,989 units, compared to Q4’s…

Zero-waste masterplan launched in Nee Soon East

For the first time in Singapore, a district is launching its own zero-waste masterplan, with a concrete timeline for eliminating or drastically reducing the use of products such as plastic straws. Announced by Nee Soon GRC MP Louis…

60% of S’pore households recycle regularly, but many can’t tell apart ‘recyclable’ from ‘reusable’

About six in 10 Singaporeans recycle regularly, with the most common channel being the blue recycling bins located around housing estates, two surveys conducted by the authorities have shown. The surveys — done separately by MEWR and NEA…

Singapore’s endangered turtles fight to survive after government closes sanctuary

Hundreds of turtles and tortoises, including rare and endangered species, face an uncertain future after their Singapore sanctuary was forced to relocate due to government redevelopment plans. At its peak, about 1,000 of the creatures were housed at…

Singapore buildings put on a cool, green face

Hotels, stores and shopping malls in Singapore, looking for a way to cut their air conditioning bills and spruce up their environmental image, are increasingly adding greenery to their exterior walls. The 27-story Oasia Hotel Downtown in the…

New schemes for a cleaner, greener Singapore

A new initiative to encourage people to clean their community areas will begin next month. Organised by the Public Hygiene Council, the Sustainable Bright Spot programme will be launched in stages across 12 constituencies. It was one of…

Sign In to Bookmark This Story

Sign In with Google