Daily Archives: September 10, 2019 (32 Articles Found)

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New housing grant to breathe life into stagnant HDB resale market: Analysts

The Enhanced CPF Housing Grant (EHG) announced on Tues would inject more life into the tepid HDB resale market, said, property analysts. The analysts noted that HDB resale market had already received a boost in May with changes…

Trash Talk: The battle of the food waste bulge — why you should throw away less food

Fifty-two plates of nasi lemak — that is the equivalent of the amount of food which the average Singaporean household tosses out every year. This was among the findings of a joint study by SEC and Deloitte published…

Is BreadTalk’s S$80m offer for Food Junction worth the dough?

Was it nostalgia that led BreadTalk founder and chairman George Quek to buy back the food court operator Food Junction, which he had a hand in founding, at a seemingly high price? Mr Quek and a few Taiwanese…

A sustainable Singapore dream: A ‘glocal’ solution to climate change can inspire future generations

Now that we have strong scientific evidence and actual events to show that climate change is man-made, trying to evade the facts under the guise of being a climate sceptic is simply not responsible. 1) Greener transport –…

PropertyGuru plans Australia IPO, potentially biggest of year – sources

Southeast Asian online realtor PG Group, whose backers include buyout firms TPG Capital and KKR, is planning an Australian IPO that could raise up to A$400 million ($275 million) this year, sources with knowledge of the deal said.…

Singapore telcos could make up to $704m from 5G by 2025: Report

An industry report has concluded that the Republic is best-placed of all South-east Asian countries to capitalise on the new revenue opportunities generated by 5G mobile technology. The report by Cisco and A.T. Kearney also noted that the…

Singapore’s sustainability journey must be grounded in science: Masagos

From high-tech systems that allow farmers to predict yield and waste of produce to novel paper packaging material that protects food from oxygen or moisture degradation, Singapore firms are looking to science and technology for answers on how…

Rush-hour traffic near Yishun Integrated Transport Hub eases a day after massive jams

Commuters and road users passing by the new Yishun ITH on Tues morning enjoyed a smooth journey, a day after a long line of buses was spotted at the same spot during rush hour. The timing of the…

Strata Titles Board rules in favour of Castle Green condo resident over sliding windows

STB has overruled a condominium MCST refusal to let an apartment owner install sliding windows, saying it found the decision to be “arguably unreasonable”. The board noted that Castle Green’s MCST had allowed the same sliding windows and…

Community spirit: 3 co-living spaces in Singapore to live that communal life

If communal, nomadic life interests you, scroll through to find out more about the newest co-living spaces in Singapore. 1) Commontown – With home away from homes in central districts like Tiong Bahru, River Valley, and the latest,…

Haze may enter unhealthy range, more than 500 hotspots in Sumatra: NEA

The PSI may enter the unhealthy range if the haze situation in the Indonesian island of Sumatra persists or worsens, said NEA in its daily haze advisory on Tues. The 1-hr PM2.5 concentration readings over the next 24…

HDB unveils higher grants and household income caps for buyers

The household income ceiling for families to buy a new HDB flat will be increased from Wed as part of measures to make public homes more affordable and accessible. A new Enhanced CPF Housing Grant (EHG) will also…

Private condo resales down 13.6% to 751 units in August

Private non-landed residential unit transactions fell by 13.6% MoM to 751 units resold in Aug compared to 869 units in July, according to data from SRX Price Index. Overall transaction volumes in Aug rose 4.3% YoY, but dipped…

Two Jurong Region line contracts worth $739.5 million awarded, construction to start next year

Construction for five train stations along JRL – the seventh MRT line in Singapore – will begin next year, said LTA on Tues. Two contracts worth $739.5 million were awarded for the work, which is slated for completion…

15 national monuments to receive S$2.61m for restoration and maintenance

Fifteen national monuments will receive S$2.61 million to fund restoration and maintenance works this year, NHB announced on Tues. Of the S$2.61 million, S$2.5 million will co-fund restoration works and S$115,000 will co-fund the maintenance of the national…

Isetan confirms interest from Starhill Global for Wisma Atria stake; shares surge to multi-year high

Isetan Singapore confirmed that it has received an EOI from the manager of Starhill Global REIT to acquire the company’s 73% stake in Wisma Atria. Isetan currently owns 26% in Wisma Atria’s total share value of strata lots,…

Singapore Institute of Technology unveils first look at new Punggol campus

Construction work will begin on SIT’s centralised campus in PDD after a groundbreaking ceremony on Tues officiated by PM Lee. Estimated to cost more than S$1 billion, the new 91,000 sqm campus is expected to be completed by…

SGReit goes shopping for Isetan’s share of Wisma Atria

YTL’s Starhill Global Reit (SGReit) is done window-shopping: The manager of the Singapore-listed Reit has made a direct overture to acquire Isetan Singapore’s share of Wisma Atria, a prime leasehold property smack in the heart of Orchard Road,…

Onus on everyone to keep Singapore clean

Senior Minister of State for the Environment and Water Resources Amy Khor spoke in Parliament about the problem of high-rise littering and the measures taken by the Government to punish offenders and deter potential culprits. The Public Hygiene…

Tech for reusing, recycling trash is available

In Singapore, it is understood that we need to reduce if not eliminate waste. After extracting valuable contents from trash and sorting plastics into their various families, the remaining trash is burned to create an ash compound. I…

Charging a fee will not alter customer habits

Mr Lee Yong Se correctly highlights the possibility of abuse by customers if the plastic bag charge is applied per transaction (FairPrice’s move to cut plastic bag use may backfire, Sept 7), but his suggestion to instead charge…

Can’t FairPrice switch to biodegradable plastic bags?

I am aware of the need to reduce plastic waste, but I am one of the many in Singapore who depend on plastic bags for waste disposal. Charging 20 cents for the use of plastic bags will inevitably…

Every little effort makes a difference to environment

I am glad that FairPrice is moving to reduce plastic bag usage, but it may not be as effective a measure as some customers may feel entitled to more bags since they are paying for them. A better…

FairPrice should cut its own usage of plastic bags

It is heartening to know that FairPrice, in a month-long trial at some of its outlets, is making a move to cut the use of plastic bags by charging 10 cents or 20 cents for them. However, for…

No let-up in enforcing rules on idling car engines: NEA

We refer to Voices writer Inderjeet Singh Rikhraj’s letter, “New campaign and stiffer penalties needed for car engines left idling” (Sept 4). In addition to increasing the fine for idling-engine offences in 2016, NEA stepped up enforcement checks…

58 Singapore eateries make it to Michelin’s Bib Gourmand list this year

This year’s Michelin’s Bib Gourmand list is out and a total of 58 eateries are on it, compared to just 50 last year. Of the 58 entries, 33 are hawker stalls, along with six street food establishments and…

Check out the nine GCB sold in H1 2019

This chart from Knight Frank shows the nine good class bungalows (GCB) that traded hands during the first half of the year, with a total transaction price of $211m. Based on the caveats, the most expensive GCB transacted…

Freehold hotel development site at Killiney Road for sale

A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and C7W are joint exclusive advisers to Lucrum Capital for the sale of the site.…

New condo sales jumped 30.6% in Q2

Singapore saw new condo sales volume rose 30.6 percent quarter-on-quarter to 2,246 units in the second quarter of 2019, while resale volume climbed 18.2 percent to 1,966 units. This brings total sales volume for Q2 to 4,212 units…

PMD rider charged over injuries to LTA officers

A man was taken to court yesterday for allegedly injuring two LTA officers who had tried to stop him from riding his PMD. Facing five charges under the Penal Code and the Active Mobility Act, Yousri Dahlan, 40,…

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