Daily Archives: August 2, 2019 (22 Articles Found)

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LTA impounds 222 PMDs, detects 595 offences in July

The crackdown on PMD stepped up a notch in July, with 595 offences detected, of which 90 were for riding unregistered e-scooters, LTA said on Fri. A total of 222 devices were impounded, it said in a video…

Singapore may experience haze next few weeks amid hotspot activities in Indonesia: MSS

Singapore may experience transboundary haze occasionally during the next few weeks to months due to hotspot activities in some parts of Indonesia amid persistent dry weather, said MSS on Fri. It is forecasting drier-than-normal weather conditions in Singapore…

Will Hong Kong people buy Singapore homes?

Some readers ask me whether there will be more Hong Kong people buying Singapore homes and whether this will raise local property prices and sales volumes. Like many foreign countries, protests and strikes to Hong Kong people are…

Allow pets on public transport

As a first-time pet owner, I am dismayed at the high cost of transportation. Pets other than guide dogs are not allowed on Singapore’s public transport system. But it is costly for those without cars to have a…

New research centre to focus on Singapore’s pre-modern history

The Nalanda-Sriwijaya Centre (NSC), set up in 2010 to research pre-modern maritime trade between South Asia and SEA, has shut down – cutting off yet another link to India’s Nalanda University. Replacing it will be the new Temasek…

Belmont Road GCB up for sale again with lower S$40.8m guide price

A Good Class Bungalow (GCB) on 80 Belmont Road owned by The Stratech Group’s Chew family has been re-launched for sale by private treaty after it failed to sell at auction, with a lower asking price of S$40.8…

National Museum of Singapore opens a Quiet Room for children with special needs

The National Museum of Singapore has launched a Quiet Room on Aug 1. This dedicated space is suitable for children who might experience sensory or social overstimulation, in particular children on the autism spectrum who may need a…

July 2019 was the driest, second-warmest July on record in Singapore

Singapore experienced its driest July last month since rainfall was first recorded way back in 1869. MSS said on Thurs that the total rainfall recorded for July 2019 at the Changi climate station was 12.2 millimetres. The previous…

Popular experimental cafe Non Entree Desserts to close on Oct 20 after 4 years

Non Entrée Desserts, which has made quite a splash in the local food scene with its intriguing creations, just announced its impending closure on social media. Oct 20 will be the four-year-old cafe’s last day. In a FB…

Strata-titled retail sales at $130.6m in Q2 2019

The sales of strata-titled retail units in Singapore amounted to $130.6 million in the second quarter of 2019, with 63 transactions lodged during the quarter, revealed a Knight Frank report. Excluding the $400 million sale of Liang Court…

New CIQ facility officially opens at ONE°15 Marina Sentosa Cove

ONE°15 Marina Sentosa Cove has now become the very first private marina in Singapore to operate a CIQ facility. The new facility, which started operations on June 15, was officially launched by senior parliamentary secretary Sun Xue Ling…

Attractive yields, Ascendas merger and healthy gearing make ART attractive

Ascott Residence Trust reported improved 2Q19 results that came in line with the forecasts of most research houses. Gross profit was driven by a 15.7% y-o-y rise in its mgmt contracts and stronger RevPAUs in Europe, Japan, Singapore,…

The Great Room opens at the iconic Raffles Hotel, eyes opportunistic expansion

Over the years, the iconic Raffles Hotel on Beach Road has hosted notable guests. Having closed since Dec 2017 for refurbishment, the property reopened on Aug 1 with co-working operator, The Great Room, taking up 15,000 sqft in…

Potong Pasir: The idyllic town imbued with community spirit

Originally a major sand quarry in the early to mid-1900s before becoming an agricultural area and eventually today’s HDB estate, Potong Pasir literally means “cut sand” in Malay. When one visits the housing estate now, it is hard…

Resale unit at The Nexus reaps $1.22 mil profit

The seller of a unit at The Nexus made the top gain of $1.22 million over the week of July 16 to 23. The 1,485 sqft unit on the third floor was bought for $1.38 million ($926 psf)…

Unit at Coastal View Residences going for $785,000

At Coastal View Residences in District 17, an 840 sqft unit was put up for its first auction on July 31, according to the auctioneer at ET&Co. It was a mortgagee sale with a guide price of $785,000…

‘Ferrari lady’ puts Astrid Hill GCB on the market for $52 mil

A house at the end of a cul-de-sac on a quiet street on Astrid Hill is on the market with a price tag of $52 million. The single-storey Good Class Bungalow (GCB) sits on a 26,983 sqft, elevated…

Super rich in Nassim

The Good Class Bungalow (GCB) at Nassim Road has an old-world grandeur. It was sold for $230 million, making it the biggest GCB deal in terms of absolute price. Even in terms of price psf, it is one…

Gaming doing well, but IRs coming into their own as truly integrated resorts

The recent commitment by Singapore’s two IRs – MBS and RWS – to expand their footprint is a big plus for the country’s efforts to bring in quality tourism. “The fact that not a single government dollar is…

Singapore’s beloved REITs could see more growth on possible rule change

Investors in Singapore’s much-loved reits may soon have another reason to cheer, as the central bank considers looser debt rules that could spur more acquisitions by property managers. MAS ended a one-month consultation period on Thurs that looked…

Singapore’s landmark Raffles Hotel emerges from long renovation

Singapore’s famed Raffles Hotel reopened on Thurs after closing its doors for a year and eight months for renovations, wielding high-tech services behind its historic facade and reputation as it faces down a growing host of luxury rivals.…

Times Centrepoint fifth bookstore to close since April

Times Centrepoint bookstore will close on Sept 23 – the fifth bookstore to close since Apr. A spokesman for Times Bookstores told TNP that the closure is “part of Times Bookstores’ ongoing renewal of store locations from time…

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