Daily Archives: May 18, 2019 (13 Articles Found)

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5 Pioneer Sector Lane factory after recording significant impairment

The Board of Directors of OKH Global Ltd announced on May 17 that it is launching a public auction for the proposed sale of the Group’s property located at No. 5 Pioneer Sector Lane and is inviting interested…

3 property hunting secrets that expert investors use

The range of properties you can buy are mind boggling; and it can get weird. Sometimes, a unit right across the road can be worth 50 per cent more. That’s why hunting down good property investments is an…

Property jargon of the day: Minimum Occupancy Period (MOP)

Today, we’re looking at the annoying Minimum Occupancy Period (MOP) that faces HDB flat buyers. When you buy an HDB flat, you are subject to a five-year MOP. During this time, you’re not allowed to: 1) Sell your…

The delightful pointlessness of Singapore’s niche museums

Say the word ‘museum’, and a very particular type of institution comes to mind: the iconic rotunda of the National Museum or the glass-and-stone grandeur of the National Gallery. High-ceilinged, ivory-pillared repositories of humanity’s cultural heritage, from whose…

Singapore’s Tuas Mega Port a bold investment that will face significant challenges

Singapore has successfully built itself into a maritime power house through exploiting its strategic location within old trade routes since independence. Innovation and sound strategic planning by the city-state’s founding leaders helped entrench this position and made the…

More than 20 e-scooter, e-bike riders caught flouting rules in Punggol

More than 20 electric scooter and electric bicycle riders were caught flouting the rules in Punggol on Fri night. The errant riders were caught speeding and using non-compliant devices, LTA said in a FB post on Sat. Eleven…

From making waves to drowning in red ink: Hyflux, Tuaspring and how a business giant came undone

As they arrived, the guests would have been in no doubt they were attending a high-profile event. At the centre of it all was Olivia Lum, the founder of home-grown star company Hyflux. The businesswoman, whose name was…

Singapore is third most innovative city globally: JLL report

Singapore is the third most innovative city in the world, with innovation now an important part of real estate investment strategies, according to a new report from JLL. The republic, coming in behind San Francisco and Tokyo, is…

Copper-cladded Sentosa Cove bungalow sold for S$32 million

A Seafront bungalow in Cove Drive on Sentosa, dubbed the Copper House, changed hands last month for S$32 million. Covering an area of 18,053 sqft, this translates to S$1,773 psf. The property with a 99-year lease tenure –…

Minimarts can thrive, with the right support

Minimarts are a unique breed in Singapore. In the past, people walked in to buy rice and flour not by pre-packed bags, but by weight, scooped from a huge sack on the floor. Shop owners knew their customers…

NUS engineers’ new barrier to reduce noise

In the urban jungle that is Singapore, the roar of a jet plane and the rumble of construction machinery are constant reminders that the island never sleeps. But engineers from NUS believe they can help. They have designed…

PUB takes over Tuaspring desalination plant from Hyflux

PUB has taken over the Tuaspring desalination plant from troubled firm Hyflux on Sat. The transfer came after the water purchase agreement with Tuaspring was terminated on Fri. It had said previously that it will keep employees with…

PAP town councils could ban personal mobility devices from void decks as they review by-laws

Town councils under PAP could ban PMDs from the void decks of public housing blocks, as they relook their by-laws to bring these in step with legislation that governs such equipment on public paths. PMDs include electric scooters…

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