Daily Archives: September 25, 2019 (21 Articles Found)

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Match PMD rules with robust enforcement

In response to a reader’s letter, LTA’s director for active mobility said the maximum speed limit of a PMA is 10kmh and that LTA is committed to making the transport system more inclusive. The line separating PMAs and…

Have clearly separate tracks for pedestrians and PMDs

News of the accident involving Madam Ong Bee Eng and an e-scooter in Bedok North prompted me to write in. I was the victim of a similar accident last year. A PMD knocked into me at a bus…

Make PMD riding licence a must

Yet another person has been hurt in an accident involving an e-scooter despite all the regulatory measures. I have seen e-scooters modified to speed as fast as motorcycles. Just a few weeks ago, I spotted two young men…

Co-living startup Commontown eyes growth in Singapore, Indonesia and Malaysia

Co-living startup Commontown aims to double the number of beds it has in Singapore to 80 from 40 by the end of the year, and expand to Indonesia and Malaysia in the first half of 2020. The Singapore-headquartered…

Braddell View en bloc tender again closes without bids

The tender for Braddell View estate has closed without any bids after it was relaunched for collective sale at an unchanged price of S$2.08 billion. In response to queries, Tang Wei Leng, MD Colliers Intl, said: “The collective…

Australian billionaire to back $14 billion solar power supply to Singapore: AFR

Atlassian Corp co-founder Mike Cannon-Brookes has pledged to help fund a $14 billion project to supply solar power from northern Australia to Singapore by a subsea cable, an Australian newspaper reported on Wed. The plan unveiled earlier this…

Public offer of $1 bil Lendlease Global Commercial REIT starts at 9pm tonight

Lendlease Group, the Australian-listed developer, has launched the IPO of its global commercial REIT on the Mainboard of SGX. REIT manager, Lendlease Global Commercial Trust Mgmt, is selling 387.5 million Lendlease Global Commercial REIT units at an offer…

With wild fish stocks on the brink, Singapore turns to high-tech fish factories for its beloved seafood

To have a hope of feeding Singapore at a time when global warming and overfishing are decimating fish stocks around the world, the authorities are looking to seafood farmed Singapore-style for a reliable protein source: high tech, high-yield,…

Lots of Santas, food trucks, rides and games at Orchard Road’s Christmas light-up 2019

Orchard Road offers the greatest gifts for Christmas, and we don’t just mean shopping for presents for loved ones during the festive period. That’s also this year’s theme for the annual year-end light-up – The Greatest Gift –…

Can buy anot? Freehold condo in Geylang for under $1 million

So recently I was snooping around 99.co’s listings, and fantasizing about owning my own home. Two years ago, I rented a room in a three-room flat in Mountbatten. It was a really convenient place to live, especially since…

We built a machine learning model that can estimate property values in Singapore

Estimating a property’s value can be a tricky business. You could look at its features (size, year built, or available amenities), compile the neighbourhood’s statistics (population or median household income), or monitor economic indicators of the country’s housing…

Petitions calling for PMD ban in Singapore face resurgence in light of comatose elderly crash victim

Petitions have been pervasive in Singapore ever since online petition hosting sites started becoming a thing. Petitions against PMDs are now more common too, ever since some of its users have proven to be reckless riders responsible for…

Should the new HDB incentives worry private developers?

Fresh incentives by the Singapore government to make public housing more affordable may have a less than positive impact on the private residential market, some market experts caution. It increases the pool of potential buyers for public housing,…

Scene Shang opens a new flagship store at the iconic Raffles Hotel, Singapore

Homegrown furniture and design label Scene Shang opens its second store at Singapore’s 132-year-old iconic Raffles Hotel. The flagship store is designed to be as a serene apartment that is ‘lost in time’, as the interior walls are…

In going green, youthful idealism must be tempered with a strong dose of sober maturity

Over the weekend, young people around the world took to the streets in what was considered the largest climate rally in recent history. In Singapore, some 2,000 people gathered at Hong Lim Park for the Singapore Climate Rally,…

SLB Development to dispose of subsidiary owning Geylang property for $13.5 mil

SLB Development has entered into a share SPA to dispose of wholly-owned subsidiary Wellprime, which owns a property at 50 Lorong 21 Geylang, for $13.5 million. The property is a freehold industrial property with a land area of…

ISOTeam could pick up even more contract wins with upcoming General Election, says RHB

RHB Group Research says the upcoming GE could potentially open up more project wins for building maintenance and estate upgrading services provider ISOTeam. The brokerage says it expects the GE to be held next year. “We believe there…

Beyond going green, the built environment seeks to improve health

Green buildings are better for the planet, but a growing movement of healthy workplaces shows they can be good for people too. Responding to new research that shows the multiple impacts that the built and indoor environment have…

Singapore’s home sales soar in one of the world’s hottest real estate markets, driven by demand by Hong Kong, China investors

Singapore sold more luxury homes to foreigners in three months ended June than any other quarter during the past 12 years, as Chinese and Hong Kong investors sought a safe haven to park their money amid the escalating…

Boulevard 88 units achieved highest price psf from March to June

This chart from OrangeTee & Tie revealed that each month’s most expensive new condo units psf sold since Mar were from Boulevard 88, which was co-developed by City Development Limited (CDL), Hong Leong Holdings and LEA Investments. Last…

Tale of two cities for recent condo launches

During the weekend before last, four new private residential projects were put on the market and all of them had posted relatively tepid sales, ranging from five units for Cuscaden Reserve to 21 units at Meyer Mansion. The…

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