Daily Archives: May 22, 2019 (20 Articles Found)

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$1M HDB resale transactions – Can your HDB flat fetch $1 Million too?

We’re not even halfway into 2019, and there have already been at least 3 super-high-profile HDB resale transactions in the news. The most recent one is a 5-room flat in Tiong Bahru that was sold at a record…

Property agent of the day: Buyer’s Agent / Seller’s Agent

Today, we’re looking at the buyer’s, or seller’s agent: Why are there two property agents involved? In some other countries, it’s possible for one property agent to represent both the seller and the buyer. This is known as…

Commercial property investment rose 72% in q1 2019; Here’s why:

Singapore’s commercial property sector saw a 72 per cent jump to $2.6 billion, in Q1 2019. But local investors saw it coming as early as last year. We can peg the surge to a few common factors. 1)…

Vibrant to sell majority stake in Sabana Reit manager, units in Reit for $62.2m

Vibrant Group, through its various units, will be disposing its stake in the vehicle that owns the manager of Sabana Shari’ah Compliant Industrial Reit, and units in the Reit for around $62.2 million in net proceeds. The deal…

How does Changi Airport envision future air travel?

While I can appreciate that Changi Airport is trying to transform itself into a unique destination for locals and tourists to spend their time and money, I am instead keen to learn about how the airport is going…

Will 5G technology have adverse impact on human health?

As Singapore gears up for a 2020 roll-out of 5G networks in the country, I wonder if a thorough investigation has been conducted on the possible impact of the technology on human health. As of Apr 30, more…

Extensive works required for HIP upgrading

We thank Mr Victor Tan Thiam Siew for his feedback (Review HIP processes, May 11). To streamline the work process and reduce down time for residents, teams of workers including tilers, plasterers, waterproofing workers, electricians and plumbers are…

Oxley’s Chevron House sale to be completed by Q1 2020

AEI works at Chevron House at 30 Raffles Place have already commenced and are expected to be completed by Q1 2020, in time for its sale by Oxley Holdings, a filing with SGX revealed. Chevron House is a…

10 years in, industry takes the lead in advancing green buildings in Singapore

Reflecting the growing importance of green buildings for Singapore’s climate strategy and economic development, the national certification scheme for building and construction professionals has been refreshed and handed over to new mgmt. From this July, professionals who want…

How Singapore researchers 3D-printed a bathroom unit in 12 hours

Bathrooms of future homes in Singapore could be built more quickly, thanks to 3D printing. Researchers from NTU have found a way to build prefabricated bathroom units, without fittings such as pipes and the toilet bowl, within 12…

Construction foreman jailed 9 weeks over accident that left worker paralysed

A construction foreman for Ava Global has been jailed nine weeks over an accident that left one of the company’s workers permanently disabled. Sarkar Mithun was found guilty of negligence under the WSHA over the accident that took…

HDB launches 6,753 flats for sale under May 2019 exercise

HDB has launched 6,753 flats for sale under the May 2019 public housing sales exercise, it announced on May 22. There will be 3,485 units under BTO scheme, spread across four projects – three in the non-mature towns…

List Sotheby’s wins four real estate marketing awards

Luxury real estate brokerage List Sotheby’s Intl Realty Singapore (List SIR) has won four awards at the APAC Property Awards 2019-20. The agency was the five-star award winner for real estate agency marketing and real estate agency website…

M1 fibre outage affects users in northern, eastern parts of Singapore over 2 days

M1 customers in the northern and eastern parts of Singapore experienced fibre outage over two consecutive days as the operator said on Wed that it has fully restored the affected services. The operator made the announcement in an…

Bhai Sarbat: The story behind Kampong Glam’s famous tea stall

Almost nightly, especially on weekends, a queue forms in an unassuming corner of a row of shophouses along Bussorah St, in the heart of touristy Kampong Glam. Snaking into the dark alley next to this hole-in-a-wall, eager patrons,…

Funan Mall unveils Tree of Life with retail display pods

Singapore’s new Funan Mall features a six-story structure to showcase brands, and an indoor cycling path. Dubbed the Tree of Life, the 25-metre tall structure extends from basement 2 level to the mall’s fourth floor. It houses 20…

Westpac Singapore pulls rug from under 300 mortgage customers

Westpac Singapore is exiting the mortgage business, leaving 300 borrowers – both foreigners and Singaporeans – in the lurch. The Singapore office, which also houses the Asia headquarters of Australia’s oldest and second largest bank Westpac Banking Corp,…

Three key residential division execs to leave Knight Frank

Three senior executives from Knight Frank’s residential business will be exiting the property firm, leaving leadership in its project marketing team particularly hard hit. According to an internal memo seen by BT, Tan Tee Khoon, KEO of agency…

Revamped Funan mall features indoor cycling path, co-living residence

Visitors will not only be able to walk into the new Funan mall when it opens in June this year, they will be able to cycle into and through it. The revamped complex will feature a 200m indoor…

PUB to start upgrading works at Tuaspring desalination plant

Having officially taken over the Tuaspring desalination plant on May 18, PUB will start the process of replacing poorly performing membranes to ensure the plant continues to produce water reliably. Mr Bernard Koh, PUB’s director for water supply…

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