Daily Archives: September 6, 2019 (20 Articles Found)

5 reasons why eating at food courts in Singapore makes you broke

Not content with just hawking pork floss buns and peanut butter thick toasts, the BreadTalk empire is now going to acquire Food Junction, a relatively small-time food court operator. Obviously, some big-shot decision-makers believe that food courts are…

MoneySmart

Singapore Business Review

Leasing transactions up 7% to record 23,875 in Q2

This chart from Savills shows that the rental market for private residential properties rose 7% YoY to a record 23,875 units in the second quarter, higher than the 22,317 leases recorded in Q2 2018. This marks the highest…

Industry leaders discuss ways to boost workforce development in built environment sector

The built environment sector aims to attract more skilled workers by engaging students in better ways, mapping out clearer career paths and improving jobs through digitalisation. The initiatives were raised by industry leaders at a panel discussion on…

The Straits Times

‘Vertical dancers’ to use ION Orchard’s facade as a high-rise performance stage

There was a moment almost 30 years ago, while Amelia Rudolph was hanging off the side of a cliff in California, when a thought crossed her mind: “What would it be like to dance here, in this kind…

Nee Soon Town Council steps up fight against sanitary pad litterbugs in Yishun

Nee Soon Town Council is ramping up its battle against high-rise litterbugs at a housing block in Yishun, putting up notices in lifts and urging residents to report offenders to NEA. “The town council has received feedback on…

More than 760 PMD offences detected in August: LTA

A total of 761 offences related to PMDs were detected – with 176 devices impounded – in Aug, LTA said in a FB post on Fri. “Most of the detected offences were registration-related offences, riding of unregistered devices…

PUB releases thousands of fish in Pandan Reservoir to combat midges

PUB has released “tens of thousands” of fish into Pandan Reservoir, the latest measure employed to try to control the midge pupae population, it said on Fri. The release of the guppies, mollies and swordtails into the reservoir…

Slow progress on Land Transport Master Plan 2030

Although LTA has not decided on which route the CRL will take, it allows time for stakeholders and members of the public to share their views. This announcement will give the LTMP 2030, published back in 2013, a…

The Straits Times

Pandan Reservoir midge infestation: ‘You can say that we’ve given up’

For the past month, stallowners at Makan Shiokz coffee shop on the ground floor of Blk 49 Teban Gardens have had to watch their regular customers turn around and go home after seeing the swarms of midges plaguing…

Running under nature reserve the better option

Running the future CRL under CCNR is the better choice. Tunnelling 70m below ground would have no impact on the ecology and biodiversity of the reserve, and building ventilation structures on 3ha of forest next to the reserve…

The Straits Times

GuocoLand optimistic about Singapore luxury property

GuocoLand remains optimistic on the prospects for the luxury housing market despite the muted economic outlook and the cooling measures implemented last year. “There are good and bad times,” said Cheng Hsing Yao, Group MD of GuocoLand Singapore.…

PropertyGuru

The Antares to open for preview with units priced from $789,000

The Antares, a 265-unit residential development along Mattar Road, will open for public preview this Sat, with bookings starting on 14 Sept. A project of FSKH Development – a JV comprising Keong Hong Holdings, Hock Lian Seng Holdings…

PropertyGuru

Homegrown hotelier with global ambitions

From having one Hotel 81 in Geylang back in 1993, Singaporean Choo Chong Ngen has since grown his portfolio of hotels to 38 properties in Singapore and owns another eight hotels in five other countries. With 6,500 hotel…

Conservation shophouse at 75 Amoy Street up for sale

A 999-year, two-and-a-half-storey conservation shophouse at 75 Amoy St is up for sale. It has a land area of 2,237 sqft and a total built up area of about 5,755 sqft. Price is available on enquiry. The property…

Three-bedroom unit at Balmoral 8 rakes in $1.48 mil profit

The sale of a three-bedroom unit at Balmoral 8 topped the chart as the most profitable deal for the week of Aug 20 to 27. The 1,905 sqft unit fetched $3.48 million ($1,824 psf) when it was sold…

Developers’ bids in government land tenders reflect cautious mood

The batched tender for three GLS sites that closed on Sept 5 were all for residential development, with commercial use on the first storey. The sites are at Bernam St in Tanjong Pagar, one-north Gateway and Tan Quee…

TID beats eight others with highest bid of $155.7 mil for one-north Gateway site

The one-north Gateway site received nine bids at the close of the tender on Sept 5. The top bid of $155.7 million was submitted by TID Residential, a unit of TID Pte Ltd (a JV between Japanese developer…

Hao Yuan submits highest bid of $441 mil for Bernam Street GLS site

The GLS site on Bernam St attracted four bids at the close of the tender on Sept 5. The top bid of $440.9 million came from Chinese developer Hao Yuan Investments, and translates to a land cost of…

GuocoLand bids $800.2 mil for site on Tan Quee Lan Street

The GLS site at Tan Quee Lan St attracted only two bids at the close of the tender on Sept 5. The top bid of $800.19 million was submitted by a JV between GuocoLand and subsidiaries of Hong…