Daily Archives: May 16, 2019 (23 Articles Found)

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Top gainer makes record $1.69 mil profit at Watermark Robertson Quay

A unit sold on May 2 at Watermark Robertson Quay, on Rodyk St in prime District 9, made the top gain of $1.69 million in the week of Apr 30 to May 7, according to caveats. The 1,884…

Building new stakes in conservation

Singapore’s conservation efforts have taken an imaginative turn with the decision to put up six sites, both existing buildings and state land plots, for tender, with bidders being encouraged to come up with innovative proposals for their redevelopment.…

FCT to buy one-third stake in Waterway Point from Frasers Property for S$440.6m

Frasers Centrepoint Trust (FCT) is looking to acquire a one third interest in Waterway Point, a large suburban mall located in Punggol, from its sponser Frasers Property in a S$440.6 million deal, it announced on Thurs. At the…

US cloud data security provider Druva opens office in Singapore

American cloud data protection and mgmt company Druva has opened an office in Singapore to support APAC enterprises, the company said yesterday. Druva will focus on expanding its headcount and tripling revenue in the region within the next…

Steel bar cages toppled at East Coast Integrated Depot worksite, no one injured

Two steel bar cages toppled at the worksite of the East Coast Integrated Depot on Wed night. LTA said on Thurs that a rebar cage used for the erection of a column “unexpectedly tilted to rest on an…

Explainer: How Muis’ fatwa on joint tenancies affects Muslim homeowners

On Mon, Muis issued a new fatwa — or ruling — which recognises a joint-tenancy contract as valid under the religion. While it is a common form of ownership arrangement when buying properties in Singapore, few Muslims in…

Get tough on speeding food delivery riders

Earlier this month, Senior Minister of State for Transport Lam Pin Min told Parliament that town councils can ban PMDs in the void decks of public housing blocks. The Active Mobility Act does not cover areas such as…

Hyflux’s UAE investor plans to meet retail investors, asks PUB to delay Tuaspring takeover

UAE utility company Utico on Thurs proposed to hold a town hall session for investors of Hyflux’s perpetual securities and preference shares so as to put together a “win-win proposal”. Utico added that it has also requested PUB…

New maritime cybersecurity operations centre opens

A new round-the-clock operations centre to guard against maritime cybersecurity threats in Singapore was officially launched at the ST Engg Hub on Thurs. The facility, which is run by ST Engg, has been operational since Nov last year,…

Fire breaks out at Dickson Road in Little India

A fire broke out at a shophouse on Dickson Road in Little India on Thurs afternoon. SCDF said it responded to the fire at 14 Dickson Road at around 2.50pm. “The fire involved the contents of a two-storey…

Property jargon of the day: Joint Tenancy / Tenancy-in-Common

Today, we’re looking joint tenants, and the other alternative called Tenancy-in-Common. When more than one person owns a property, there are two main ways to share it. The first is a joint tenancy, which is common for married…

Singapore to spend a few billion dollars on air traffic services in coming decades: Khaw

Singapore expects to spend a few billion dollars over the next few decades, to continue providing high standard air traffic services that are safe and efficient, Transport Minister Khaw Boon Wan said on Thurs. Speaking at the Civil…

Board-game creator Cmon to open Singapore flagship

Board-game creator Cool Mini or Not – best known as Cmon – is opening a flagship store in Singapore this Sat. Located on Henderson Road, the store will bring the latest board games such as Game of Thrones-inspired…

Chicha San Chen opens in Singapore

Taiwanese bubble-tea chain Chicha San Chen has opened its first outlet in Singapore. Located in 313@Somerset, the flagship store has modern design with an open kitchen. Customers can make their own tea and watch as it brews in…

Dome Cafe Singapore closing down next month

The last Dome Cafe Singapore cafe is to close next month. The Australian casual-bistro concept which specialises in light meals and coffee will exit Singapore after 20 years on June 23 when the last outlet, at Parkway Parade,…

HDB looking at ways to cut odours from waste system

We thank Mr See Jui Liew for his letter (Bad smell not going away, May 3). The Pneumatic Waste Conveyance System (PWCS) was installed in 38 blocks in Yuhua, as part of HDB’s Greenprint programme. This automated system…

Milk potential of Jurong Lake Gardens

I recently visited Jurong Lake Gardens in Yuan Ching Road and realised that some parts could be improved to make the garden more conducive to residents, locals and tourists. The boardwalks and the cement paths are well laid-out…

Measures in place to ensure fire safety at mall fairs

We thank Mr Jeff Tan Hong Liak for his letter (Safety at mall fairs, May 10). Organisers of events held at shopping malls, including food fairs, are required to obtain approval from the building owners/ mgmt as well…

Early sales of private homes for May indicate it could top April’s full-month sales

Early sales of private homes for May show it is likely to surpass Apr’s, a month where developers sold 735 private homes in the absence of major launches. Apr’s tally was down around 30 per cent from the…

Hong Kong investors take advantage of a correction in Singapore’s property prices

Hong Kong investors are renewing their interest in Singapore, betting property prices will recover in the second half of this year, according to property consultants. Just 29 homes were sold to Hong Kong buyers in 2018, some 42…

Sports Hub chief assures fans that National Stadium is Lions’ home

In Feb 2018, Singapore Sports Hub and FAS signed a MOU to make the National Stadium the home of the Lions. Walk the precinct and you will see posters boasting that the stadium is the home of the…

Sports Hub needs to form an emotional bond with Singaporeans, says CEO

Bryn Jones, 56, chairman and acting CEO of the Sports Hub consortium, chose to set up his base in a converted shophouse in Joo Chiat. It is also near the Sports Hub, but, more importantly, the Welshman says…

Residents evacuated after fire at Serangoon unit

A fire at a Serangoon Central flat resulted in the evacuation of 30 residents of HDB block on Tues. The fire, which happened around 3.30pm, started in a sixth-storey flat of Blk 204 Serangoon Central. The fire began…

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