Daily Archives: June 4, 2019 (19 Articles Found)

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APAC Realty non-brokerage income stream a buffer during property downcycle

APAC Realty Limited is poised to have a stable future as non-brokerages income stream provide some buffer to its transaction-based business. The company’s non-brokerage stream, which comprises its property valuation, training and mgmt arms, accounted for 15.8 percent…

PropNex among top two agencies for new launches

Although it has not been among the first port-of-calls among property developers for new launches, PropNex is recently gradually earning market share in this particular segment, revealed a Phillip Securities report. In fact, it has managed to push…

Set aside space for luggage on buses and trains plying Changi Airport

When I retired a few years back, I started taking public transport to visit Changi Airport, which is quite close to my home. One glaring difference between airport buses and trains in Singapore and those in Hong Kong…

Heartland shops to tap on Instagram, Facebook for new lease of life

For 29 years, Logos Eyecare has served many generations of bespectacled residents in Ang Mo Kio. But over the last 10 years, 56-year-old Jonathan Wong has seen sales at his HDB shop gradually decline, as customers go for…

ComfortDelGro makes foray into high-tech ventures

Transport giant ComfortDelGro Corp, through its six-month-old S$137 million corporate venture capital fund ComfortDelGro Ventures, has made three strategic investments in transport-related technology start-ups. The company said on Tues that the start-ups are in the areas of on-demand…

IMDA partners Austrade to develop smart estates solutions for the community

As part of Singapore’s ongoing efforts to realise its Smart Nation vision, IMDA has partnered with Australia’s trade and investment agency Austrade to develop innovative smart estates solutions. The aim of this is to enrich the lives of…

Property jargon of the day: Buyers’ Market / Sellers’ Market

A buyers’ market means you’ll probably pay less for a house. A buyer’s market refers to a situation where the supply of available properties exceeds the demand for housing. A buyers’ market is an ideal time to buy…

5 ways the en-bloc process in Singapore is still unfair

Our en-bloc process is in serious need of fixing. Here are some of the glaring problems we just can’t seem to get around. 1) The Method of Apportionment (MOA) needs to be studied and standardised – Till today,…

Robot traffic cop spotted at Changi Airport

A robot traffic cop has been spotted at Changi Airport. In a video obtained by ST, an orange and black robot – about 1m tall – is seen with the words :Traffic Enforcement in Progress” flashing. It stops,…

Evia Real Estate, Metro snag $296m green loan for Tampines Grande office towers

Privately-held Evia Real Estate Mgmt and listed Metro Holdings have secured a $296.3 million four-year green loan to finance partially their 50:50 acquisition of a pair of Grade-A eco-friendly office towers, 7 & 9 Tampines Grande Singapore. This…

New exhibition documents 200 significant natural history events in Singapore

It may seem hard to imagine now but such was the popularity of turtle meat in 19th Century Singapore that the creatures were often kept alive by being placed upside down until people got hungry. And less than…

No more plastic straws at over 270 F&B outlets in Singapore from July

In a major industry-wide push to reduce the use of single-use plastic in Singapore, over 270 F&B outlets will phase out plastic straws by 1 July, WWF announced on Mon. Participating companies include the biggest names in restaurant,…

BSH opens Asia’s first UnserHaus featuring Bosch and Gaggenau

BSH Home Appliances has opened Singapore’s first UnserHaus Customer Care Centre and a UnserHaus Experience Centre. Meaning “our house” in German, the UnserHaus centre is a lifestyle concept featuring Bosch and Gaggenau appliances in a home-like environment. Located…

Can retail underdogs take a bigger bite of Singapore’s online grocery pie?

Although traditional trade still makes up about a fifth of grocery sales in Singapore, e-commerce is set to gain further momentum over the next five years with smaller players edging out BigTechs for the lion’s share of the…

Check out ISG’s new space at Haw Par Centre

Construction firm ISG has relocated its Singapre business division to a new space on the first floor of Haw Par Centre within the Dhoby Ghaut vicinity, providing workstations, along with a hotdesking area, for over 60 employees. ISG…

Shared PMD operators must bear social responsibilities

The PCN, which is built with public funds, will soon form an islandwide pathway paradise for families to enjoy time together. It should not be turned into a superhighway for profit-driven shared PMD operators. The shared-bicycle experience has…

Amateurs on shared PMDs present a risk

LTA deserves plaudits for delaying the availability of shared PMDs, given the trepidation and discomfort with which many view them. Riding PMDs responsibly requires instruction, training, oversight and education to bring users up to par on their shared…

Already too many PMDs, even without shared operators

I read with dismay, anxiety and disappointment that in the third quarter of this year, LTA will issue licences to companies to operate shared PMDs in Singapore. Currently, pedestrians already have to avoid the many PMD riders on…

Heavy rain causes flooding at People’s Park Complex

There was flooding on three storeys of People’s Park Complex in Chinatown during a heavy afternoon downpour yesterday. The flooding started around 1.20pm at the car park, shopkeepers told TNP. The water then overflowed into the complex where…

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