Daily Archives: October 1, 2019 (28 Articles Found)

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Wards without air-con too warm to rest well in

I thank ST Senior Executive Content Producer Denise Chong for bringing attention to the issue of air-conditioning for subsidised wards (Air-con for subsidised wards: Debate gets another airing, Sept 29). I went to NUH for an angioscopy, and…

Singapore gets top marks for meeting basic human needs but scores lowly for environment in social progress index

A US-based non-profit organisation has given Singapore top marks in meeting people’s basic needs, such as nutrition and basic medical care. However, it said that there is room for improvement in areas such as personal rights, environmental quality…

Midtown Bay, residential part of GuocoLand’s S$2.4b mixed-use project at Bugis, to launch on Oct 5

GuocoLand will be launching residential project Midtown Bay, in Beach Road near Bugis MRT station, on Sat, with one-bedroom units starting from S$1.38 million. The 99-year leasehold project is the residential component of Guoco Midtown, a S$2.4 billion…

September was warmest, driest on record in Singapore: Met Service

Last month was the warmest and driest Sept in Singapore on record at the climate station in Changi, MSS said on Tues. The monthly mean temperature last month was 29 degrees Celsius, 0.2 degrees warmer than the previous…

Proptech adoption fueled by chatbots and tenant portals

C&W has today published The Proptech Top 5 for APAC Asset Services report – their 2019 survey of over 100 clients across APAC on their sentiments towards proptech. The respondents include office asset managers, development managers, leasing managers…

DBS working with taxman to offer Giro option for stamp duty payments from November

Iras collected S$4.6 billion from stamp duties – a tax levied on property transactions – in fiscal 2019 for the year ended Mar 31, 2019, but with most taxpayers paying for their stamp duties using cheques. DBS on…

New technology road map for facilities management companies to increase productivity

Companies that manage estates and facilities can consult a new guide to see what technologies are available for them to raise their productivity. The Consortium Operations and Technology Roadmap is being put up by a local association for…

MBCII buy to boost Mapletree Commercial Trust’s DPU by up to 6%: analyst

Mapletree Commercial Trust’s proposed acquisition of Mapletree Business City Phase 2 (MBCII) is projected to bring a 4-6% DPU accretion as it will raise the trust’s AUM 21% to $8.9b, according to an analyst report by Maybank Kim-Eng.…

Cascadale relaunches collective sale at $270m

Freehold residential development Cascadale at Upper Changi Road East is relaunching its collective sale and is retaining its reserve price of $270m, JLL announced. The property would have a land rate of around $1,065 psf ppr, including the…

Homeowner squeaks displeasure over otters feasting on prized koi

Many people across the country are delighted by the sight of Singapore’s charming otters — but you might not find them so loveable after learning what they’ve done. A group of hungry otters recently snuck into a private…

S’pore outlet ‘not affected’ by US bankruptcy move: Forever 21 spokesman

A move in US to place fashion retailer Forever 21 under bankruptcy protection will not affect operations at its remaining Singapore outlet at 313@Somerset, a spokesperson said. However, a number of industry experts and shoppers in Singapore have…

Tommy Koh laments that Singapore is a First World country with Third World citizens

Veteran diplomat Tommy Koh laments that Singapore is a First World country with Third World people. Many Singaporeans lack the civic-mindedness that citizens of an advanced country should have, he said on Tues. “I am more critical of…

LTA launches pilot sticker scheme to help commuters with invisible medical conditions get seats

LTA has launched a pilot scheme aimed at helping those with “invisible medical conditions” get a seat more easily on trains and buses. From Tues, those with conditions such as heart disease or arthritis can obtain a special…

Man, 21, to be charged for flying drone at Padang during National Day Parade

A 21-year-old man is set to charged on Wed for flying a drone at the Special Event Area around the Padang during this year’s NDP. On Tues, police said they spotted an UAV being flown along Raffles Ave…

Charging PMD batteries spark fire at Marsiling Lane flat; elderly man taken to hospital

An elderly man was taken to hospital after a fire involving PMD batteries broke out at a Marsiling flat early on Tues morning. In a FB post, SCDF said its officers responded to the incident, which took place…

HDB resale prices up 0.1% in Q3

After four quarters of declines, resale prices of HDB flats rose 0.1% in Q3, according to flash estimates from HDB. The index climbed to 130.9 points in Q3 from 139.8 in the previous quarter. For the first three…

Private home prices up 0.9% in Q3: URA

The prices of private residential property rose at a slower pace in Q3 at 0.9% compared to 1.5% in the previous quarter, according to URA flash estimate. Overall, the private residential property index increased 1.4 points from 150.8…

Shifting consumer demands forcing the evolution of retail

Retail isn’t dying. It’s evolving because it’s being heavily disrupted, and retailers are being forced to change tactics to keep up with changing consumer habits, MD of CapitaLand Retail Chris Chong has said. To future-proof this sector, the…

LTA should call safety timeout on PMD use

I am saddened to read about the death of a victim in another e-scooter-related accident. It is time for LTA to call for a safety timeout by temporarily banning the use of PMDs. The ban should last for…

Consider temporary, partial ban on PMDs

There have been calls recently to completely ban the use of PMDs following multiples fires, accidents and deaths. It is difficult for the authorities to implement a total ban as it would affect delivery people who depend on…

Set clear targets to fight climate change

I applaud PM Lee for his recent speech at the UN General Assembly. As a parent, I am very concerned about climate change. Most of the estimated $100 billion bill needed by Singapore to adapt to rising sea…

Seniors cruise down memory lane with visit to Clifford Pier, boat ride

Clifford Pier used to be a hive of activity for sea travellers. Among the commuters who used the pier were devotees going to Kusu Island, one of the Southern Islands. The island, which houses a Chinese temple, among…

Pulau Ubin native, 77, back on island after 50 years

Before the bumboat ferrying Mr Lai Gee, 77, even reached the jetty of Pulau Ubin on a Sun morning last month – his first trip back in 50 years – old friends from his childhood days started calling…

CapitaLand Mall Trust bags $200m maiden green loan

CapitaLand Mall Trust (CMT) has secured a five-year $200m green loan from OCBC Bank in its first foray into green financing, its manager announced. All proceeds raised will be used to finance or refinance properties within its portfolio…

Boustead Projects unit to buy Tampines industrial building for $77.4 mil

BP-TPM, a 51%-owned JV of Boustead Projects, has entered into a SPA to acquire the leasehold interest of an industrial building at 6 Tampines Industrial Ave 5 for a purchase price of $77.4 million, excluding stamp duty and…

System fault disrupts Sengkang, Punggol LRT during morning rush

Train services were down on the Sengkang and Punggol LRT lines on Tues due to a “system fault”, SBS Transit said. The disruption began as early as 6.08am, the transport operator said in a tweet, adding that free…

Keppel REIT selling Bugis Junction Towers for $547.5 mil

Keppel REIT is divesting its strata ownership of Bugis Junction Towers, which it has held since its listing in 2006, for a sale price of $547.5 million. Based on the building’s NLA, this translates to a price of…

LTA delays awarding licences to PMD and bike-sharing operators for second time

LTA has delayed for a second time its decision on the awarding of licences to PMD and bicycle-sharing operators. On Mon, LTA said it will also be consulting device-sharing and rental companies on additional regulations to improve public…

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