Daily Archives: September 9, 2019 (13 Articles Found)

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Mt Elizabeth Link serviced apartment block up for sale with $230m guide price

A freehold serviced apartment block at No. 2 Mount Elizabeth Link has been put up for sale via tender with an indicative price of $230 million. The 22-storey tower block comprises 72 apartment units with sizes ranging from…

Property valuation Singapore – Three methods that you need to know

Property valuation Singapore, knowing how to calculate the property valuation is of paramount importance to a home owner. There are three methods that you can use for property valuation. 1) Direct Comparison Method or Comparative Market Analysis is…

Importance of biodiversity

When a sick patient reaches critical condition, the life support system prevents him from dying. When the world suffers from climate change, biodiversity keeps us alive. Recent events such as the Amazon fires and increasing urbanisation dishearten those…

Some changes needed to home ownership scheme

Dr Thomas Lee Hock Seng stated that “what really needs to be done is to revert public housing to a long-term home ownership scheme to ensure that most people will have a roof over their heads” (Make long-term…

Help young singles who move out of parents’ home to buy flat

Any improvements to the process that single unwed parents have to go through for their housing needs will be welcomed and appreciated. HDB should also look into helping singles whose parents can no longer house them – having…

Personal mobility aid rider crashes into glass door at SGH

A rider on his PMA crashed into an automated sliding glass door at SGH at noon on Mon. The door at the lobby of Blk 5 in SGH fell when a visitor crashed into it while he was…

SP Group partners with new landlords, increasing its EV charging points to 200

SP Group has increased its high-speed EV charging network to 200 points across Singapore, including 52 DC fast chargers. This comes after it partnered landlords such as CapitaLand Group, City Developments, Lendlease, RWS and Soilbuild Group Holdings to…

27 HDB projects win design, construction and engineering awards

A total of 27 HDB Design, Construction and Engg Awards will be given out at this year’s Award ceremony on Tues. Of the 13 HDB Design Award projects, Tampines GreenRidges “stands out for its distinctive architectural features and…

‘New dawn’ for Mapletree Commercial Trust as it replaces HPHT in ST Index

MCT has earned a spot on the benchmark STI, on the back of robust growth numbers as well as steady increase in revenue and shareholder returns. For 1Q19/20 ended June, the REIT reported a 3.6% rise in DPU…

Frasers Centrepoint Trust raises stake in Waterway Point to 40%

Frasers Centrepoint Trust (FCT) has raised its stake in Waterway Point to 40% from 33⅓%. This comes after Frasers Centrepoint Asset Mgmt (FCAM) last Fri signed a conditional sale and purchase agreement with vendor Sekisui House to acquire…

Tiong Seng awarded $287 mil contract by JTC

Tiong Seng Holdings’ wholly-owned subsidiary, Tiong Seng Contractors, has won a contract from JTC worth $287 million. The contract is for the construction of a seven-storey industrial ramp-up multi-user building with ancillary facilities at Ang Mo Kio St…

Biodegradable plastic alternatives not necessarily better for Singapore, say experts

You might think that switching from single-use plastics to biodegradable plastic alternatives is good for the environment but in Singapore, there are “no effective differences”, experts said. They often end up in the same place – the incinerator,…

More supermarkets opening, meaning more variety for shoppers

Two local retailers opened their biggest supermarkets in the same week last month. The FairPrice Xtra hypermarket at VivoCity, which spans 90,000 sqft, officially opened on Aug 6. Hao Mart, which has been around since 2016, opened its…

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