Daily Archives: July 3, 2019 (25 Articles Found)

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New bike-sharing operator Moovs in with refurbished ofo bikes

The familiar yellow bicycles of failed bike-sharing firm ofo have returned to some streets in Singapore in the last week, but this time sporting a different brand. They were bought brand-new from a warehouse in Singapore and refurbished…

Singapore’s worst dengue hotspot: Some residents unfazed, others taking precautions

Nineteen-year-old Chen Yu came down with a fever of 40°C in Mar after one of her frequent visits to her uncle’s home in Blk 55 along Chai Chee Drive. The public housing block is the worst dengue hotspot…

‘Is it because I am from China and a woman?’: Older twin in Simei condo attack

The twin sisters who were caught on video causing a ruckus at Simei Green condominium in 2015 had their appeal against their conviction dismissed on Wed. During the hearing before their appeal was rejected, they put up an…

A Swiss firm is building electric bus chargers in Singapore that can recharge public buses in under 10mins

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When public electric buses finally arrive on Singapore’s streets early next year, it won’t take long to get them all charged up and ready to run. Swiss engg and automation company ABB announced on Tues that it has…

Bussorah Street shophouse for sale below valuation at $5.5m

Century 21’s Neststac announced that a Bussorah St shophouse is up for sale at $5.5 million. It said that more than $500,000 was spent to renovate the Bussorah St shophouse to conform to URA’s guidelines of conservation and…

Ong Choon Fah appointed as Singapore chair of Urban Land Institute

Ong Choon Fah, CEO of ET&Co, has been appointed as the chair of Singapore for ULI. The research institute counts more than 43,000 members worldwide, and is dedicated to leadership in real estate and land use to encourage…

UOL submits top bid of $491.3 mil for Clementi Ave 1 GLS site

The land parcel at Clementi Ave 1 is zoned for residential use and attracted five bids, while the EC site saw eight bids. Two subsidiaries of UOL Group, namely UOL Venture Investments and UIC Homes, submitted the top…

Industrial building in Tai Seng for sale at $23 mil

A six-storey industrial building at 17 Tai Seng Drive, also known as Yew Lee Building, is on the market for $23 million, announced C&W. The property is a purpose-built, single-user, detached industrial building. It has a GFA of…

Ground-floor unit in Bukit Timah Shopping Centre going for $5.8 mil

A ground-floor commercial unit in Bukit Timah Shopping Centre is up for sale. The unit has a 999-year tenure and comes with an indicative guide price of $5.8 million ($2,707 psf on the strata area), says CBRE. The…

Shophouse in Telok Ayer on the market for $16.5 mil

A 999-year leasehold shophouse at 198 Telok Ayer St is on the market for $16.5 million. The two-storey building comes with an attic and sits on a 1,654 sqft plot. It has a GFA of 4,171 sqft. Based…

Erect barriers that can stop PMD riders but not wheelchair users

Mr Kenneth Wong, LTA’s director of active mobility, in his reply to forum letters on the use of PMDs at bus stops, stated that barriers to block PMDs will also inconvenience wheelchair and pram users. I have seen…

Grab’s launch of rental PMDs raises concerns among Joo Chiat residents

While LTA has delayed a decision to issue licences to firms offering shared PMDs owing to safety concerns, at least one operator has managed to legally step up deployment of e-scooters in recent months. The move, by Grab,…

Free installation of smoke detectors in HDB rental flats till 2021

Smoke detectors have been installed in about 12,000 HDB rental flats since June last year as part of plans to introduce the devices in new residential homes and public rental units. SCDF said the Home Fire Alarm Device…

Platform door fault at Dover station causes morning delay on East-West line

Eastbound trains on the EWL skipped Dover station on Wed morning because of a faulty platform screen door. SMRT did not make a general public announcement, but station announcements were made. Various online commuter communities flashed alerts from…

In blow to Singapore’s expansion, Malaysia bans sea sand exports

Malaysia, Singapore’s biggest source for sea sand, has banned the export of the commodity, according to officials in KL, a move that traders said could complicate the island-state’s ambitious expansion plans on reclaimed land. Those plans include the…

Two CapitaLand REITs to merge as quest for scale quickens

Two reits controlled by property giant CapitaLand will combine to form Asia’s largest hospitality trust, in yet another sign of the consolidation sweeping through the city-state’s smaller REITs as they seek scale. Ascott Residence Trust and Ascendas Hospitality…

Transforming facilities management digitally

Digital technology is all the rage these days. Sector by sector, new technologies have disrupted business models and forced companies to rethink the way that they operate. In a similar way, digital transformation is putting a new spin…

Emma dessert expands to Singapore

Japan’s Emma dessert has opened its first overseas outlet, at Singapore’s PS. Located on basement level 2 of the shopping mall, the outlet offers two exclusive products to Singapore – the Boba Taco Softie, and Charcoal Cheese-flavoured Soft…

7-Eleven Singapore opens 400th store

7-Eleven Singapore has opened its 400th store at the newly revamped Funan mall. The store also marks the c-store chain’s 36 years of operation on the island. Since opening its first store at Upper Changi Road in 1983,…

What could happen to Singapore property in a 2020 downturn?

We’re expecting a potential recession in 2020, unless the US and China can sort out their differences. So let’s look at what could happen: 1) There’s a good chance property loan rates will stop rising (and maybe even…

Singapore’s Housing and Development Board’s plan for eco-friendly housing

HDB has been on a mission to create and provide eco-friendly housing for the country’s residents as part of its development ambitions. It has been developing housing projects that are not only designed to be eco-friendly but also…

Unsold residential inventory hit 37,800 units in Q1

Singapore continues to grapple with rising unsold inventory levels which hit 37,800 units (including ECs) by the end of Q1, according to OCBC Investment Research. The headline figure trends above the long-term historical average of 32,400 units since…

Frasers Commercial Trust lifted to 52-week peak amid renewed optimism on the back of Google lease

Frasers Commercial Trust (FCOT) is poised for a turnaround, thanks to tech giant Google. FCOT in late June announced it had inked a lease agreement with Google APAC, which will occupy some 344,100 sqft of space at the…

Ascott Residence Trust and Ascendas Hospitality Trust combining to form $7.6 bil behemoth

Ascott Residence Trust (ART) and Ascendas Hospitality Trust (AHT), both members of the CapitaLand group after its acquisition of Ascendas-Singbridge, are proposing a deal which will result in the combination of both entities into one. The combined entity…

BCA reviews engineers’ inspection reports and may conduct audits too

We thank Mr Bachan Singh for his feedback (Building inspections should be properly conducted, June 27). BCA has in place the periodic structural inspection (PSI) regime to ensure that building structures are regularly inspected and properly maintained. Upon…

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