Daily Archives: August 7, 2019 (19 Articles Found)

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Balestier: A walk back in time

Balestier, a subzone in the planning area of Novena in the Central Region of Singapore, is home to rows of shops selling lighting equipment and bathroom accessories. Unlike Novena, its neighbour – which the government has plans to…

Singapore studies tightening regulation for bonds, REITs

Singapore is examining ways to tighten regulation of retail bond issues and reit sector as it steps up investor protection in the city-state. SGX will create a working group to review and improve disclosures relating to retail bonds,…

Parc Clematis to preview on Aug 17 with prices starting from $1,550 psf

Named after the ‘Clematis Aristata’, a flower associated with ingenuity and artistry, Parc Clematis, Singhaiyi Group’s largest project to-date, will be open for public preview on Aug 17. Located on the former Park West site at Jalan Lempeng,…

ET&Co sees sales of auction properties hit nearly $20 mil in July

Sales for five auction properties under ET&Co’s auctions in July totalled almost $20 million. Four of these properties – condo units at Cairnhill Plaza, Finland Gardens, and Leville iSuites, as well as a three-storey corner terrace at Penaga…

34% of household consumers switched from SP for electricity purchase as of end-June

About 34 per cent of household consumers have made the switch to purchasing electricity from suppliers other than Singapore Power Group as of end-June, said MTI on Wed. The ministry was responding to WP chief and Aljunied GRC…

Boustead Projects 1Q earnings down 53% to $4.7 mil on absence of one-off gains

Boustead Projects reported 1Q20 earnings of $4.7 million, 53% lower compared to the $10 million in 1Q19, on absence of one-off gains from sale of 25 Changi North Rise in FY19. Earnings for 1Q19 was also affected by…

Keong Hong’s 3Q earnings halved to $4.1 mil despite higher revenue

Construction and property development group Keong Hong Holdings posted earnings of $4.1 million for the 3Q19 ended June, falling 51.7% from $8.6 million a year ago. 3Q19 revenue rose 18.3% to $47.9 million, from $40.5 million a year…

The Salted Plum opens at Suntec City

Southern Taiwanese restaurant The Salted Plum has opened its second outlet in Suntec City. The outlet features a spacious dining area with a street ambience, a self-service system and new dishes exclusive to the venue. “The Salted Plum…

Perennial Real Estate Holdings Q2 profits down 74.9% to $2.17m

Perennial Real Estate Holdings’ (PREH) profits for the second quarter of 2019 crashed 74.9% to $2.17m from $8.65m in the same period last year. However, revenue climbed 52.4% to $27.63m. The revenue boost was a result of Capitol…

CapitaLand profits down 28.6% to $946.4m in H1

CapitaLand saw its profits crash 28.6% YoY to $946.4m in H1 from $1.33b in 2018. Revenues also dipped 21.6% YoY to $2.13b from $2.72b over the same period. The revenue decline was attributed to lower contributions from residential…

Not everyone comfortable with animals on public transport

Public transport is meant for general use by commuters. Not everyone is comfortable with the presence of an animal in public buses and trains (Allow pets on public transport, by Miss Irvin Ong Fei Hui, Aug 2). There…

Added burden to drivers to have pets on board buses

Public transport is an important mode of travel for all Singaporeans and is usually crowded (Allow pets on public transport, by Miss Irvin Ong Fei Hui, Aug 2). To allow pets on buses during off-peak hours will put…

Target the attitude of PMD riders

There has been much criticism in the media of PMD riders and the menace and danger they pose. But there are considerate PMD riders and rude PMD riders. I have been riding an e-scooter for the past three…

Have walled communal halls, bigger bins to burn joss paper

Noisy void-deck events have been taking place for years (Loud events at void decks, burning of religious items among pet peeves, July 31). Actually, the reasons behind such complaints about inconsiderate burning of incense and joss paper and…

Consider building retirement villages on S’pore’s islands

Singapore has 63 islands. While they come in different shapes and sizes, the Government and developers could consider building world-class retirement villages on those that are viable. In my line of business, I have come across proposals for…

Yishun Integrated Transport Hub to open on 8 September, buses to move in from temporary interchange

Public transport commuters can look forward to better connectivity among Yishun MRT Station, Northpoint City and a new air-conditioned bus interchange, when the Yishun Integrated Transport Hub (ITH) opens on 8 Sept. LTA said on Wed that all…

PAP town councils’ ban on PMDs at void decks, common areas set to take effect from Sept 1

With effect from Sept 1, PMDs will be banned from void decks and all common properties at housing estates run by the 15 PAP Town Councils. This follows a review of the town councils’ by-laws, which are subject…

Fund climate change measures from current taxes and reserves, say S’pore youths polled

When it comes to the billion-dollar question of how to pay for Singapore’s efforts to mitigate the impact of climate change, the country’s youths are saying the money should be channelled from current taxes or the national reserves.…

9 in 10 S’pore youths willing to do their part for the environment, but want Govt to do more: Survey

A survey by Mediacorp has found that the vast majority of Singapore youths are concerned about the impact of climate change and want to do their part to address the problem. At the same time, they also want…

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