Daily Archives: April 30, 2019 (18 Articles Found)

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Stop motorists turning right when pedestrians cross

I read with sadness that yet another death occurred at a pedestrian crossing when the lights were green for both the pedestrian and the motorist making a right turn. The driver who knocked down the policewoman was charged…

Thousands of fish dead near Lim Chu Kang jetty: Warmer temperatures suspected as cause

The warmer weather in recent days may have caused thousands of fish to die in waters near Lim Chu Kang jetty and in nearby fish farms. The fish started surfacing in the sea about two or three days…

Singapore is the fifth most property-obsessed nation

Singapore is ranked as the world’s fifth most property-obsessed nation with residents spending over 3.2 hours conducting property research, according to a report from HSBC. The UAE holds the title as the world’s most property obsessed country with…

Ciao for now: Senso closes Club Street restaurant after 19 years

It’s the end of an era as Senso Ristorante & Bar has closed its doors at its Club St location after 19 years. The Italian fine-dining restaurant announced on its FB page today that it had ceased operations…

Retail property market still trying to find its footing

Referring to the recently released statistics by URA, JLL said that the retail property market is still trying to find its footing. JLL said that both the rent and price indices of retail space in the Central Region…

Queensway Shopping Centre up for en bloc sale

After 43 years, Queensway Shopping Centre is going back in the market. A few weeks ago, more than 150 shop owners held a special meeting regarding the future of the mall. Here’s what we know so far. The…

Property jargon of the day: Fire Sale

Today we look at the term “fire sale”. Fire sale is a common term used in many industries including property. A fire sale refers to an urgent sale, often at a steep discount, by a distressed seller. Common…

Public tender for industrial site at Gul Circle launched

An industrial site along Gul Circle in the Pioneer industrial estate has been launched for sale via public tender, JTC announced on Apr 30. The plot is the fourth of five industrial sites to be launched for sale…

Nex mall to replace floor studs after safety issue raised

Small metal floor studs at Nex shopping mall meant to warn the visually impaired of upcoming stairs or escalators are set to be replaced after a customer reported slipping on them during wet weather. Mr Billy Lui, 49,…

Sinar Mas mining firm sets up tech innovation centre in Singapore

A tech innovation centre was launched yesterday by Golden Energy and Resources (Gear), a mining company linked to Indonesia’s Sinar Mas Group. The centre, Gear Innovation Network (GIN), was set up with an initial investment of US$2 million…

Ascendas REIT’s NPI up 3.2% to $649.58m in FY2018/2019

Ascendas REIT ended FY2018/2019 on a high note after its NPI edged up 3.2% YoY to $649.58m from $629.4m in FY2018/2018, an announcement revealed. Key contributors were its newly acquired properties in UK and Australia and two redeveloped…

CBD rents to rise up to 9% in 2019

Rental rates within the CBD are projected to rise between 5% and 9% in 2019 as the office sector is expected to remain relatively positive, largely due to limited new office supply until 2022, according to research from…

Oxley sells Chevron House for $1.025b

Oxley Holdings has agreed to sell its interest in Chevron House, owned by its subsidiary Oxley Beryl, to Golden Compass (BVI) for an aggregate value of $1.025b, an announcement revealed. Golden Compass (BVI) will also take over the…

Jurong Polyclinic to move to bigger site nearby

Jurong Polyclinic will move 150m from its current location in Jurong East to a new, bigger site, MOH announced on Tues The polyclinic, which was built in 1988 and upgraded in 2007, will move to where student hostel…

Stefano Ricci opens at The Shoppes

Italian menswear Stefano Ricci has opened a boutique at The Shoppes at MBS. The 150 sqm store presents the brand’s menswear range, SR Home collection, and leather goods such as belts, bags, wallets and shoes. The maison’s made-to-measure…

Ultra-performance store Durasport opens at Jewel Changi

Ultra-performance brand Durasport has opened a store at Jewel Changi. Designed by architecture and interiors firm Ministry of Design, the store resembles a futuristic R&D lab environment. The store is tailored to sports enthusiasts who want to try…

Muji opens two-storey store at Jewel Changi Airport

Muji fans will be excited to visit the new two-storey store at Jewel Changi Airport. The 12th outlet of Japan’s popular minimalist brand of household goods, apparel and food, which officially opened last Fri, boasts an extensive range…

Expect to be dazzled at Geylang Serai this Hari Raya

With the start of the Muslim holy month of Ramadan days away, the streets of Geylang Serai are set to be enveloped in festive lights and installations to bring the “kampung spirit” to life. Close to 50 light…

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