Daily Archives: October 17, 2019 (19 Articles Found)

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Singapore REITs are on a record fundraising spree

Reits are back for more cash, pushing secondary share sales to record levels. Keppel Pacific Oak US REIT launched a private placement of up to $75.6 million on Thurs, a day after Mapletree Commercial Trust raised S$918.5 million…

5 North East Line stations to close early on some days in November for maintenance works

Five stations on NEL will close earlier on some days next month, due to track maintenance and component replacement works for the train line’s power and signalling systems. Kovan, Hougang, Buangkok, Sengkang and Punggol MRT stations will close…

Researchers who created urban planning simulation model for Tengah wins President’s Technology Award

Future residents of new Tengah town can take comfort from the fact that their smart homes will be cooling by design as the days get hotter as a result of climate change. The buildings in Singapore’s first smart-enabled…

This piggy went to the market: Clip of wild boar near Bukit Panjang Hawker Centre goes viral

The residential district that has had a fair share of wild boar sightings faced its biggest hog yet when a massive porker was caught on camera strutting towards the Bukit Panjang Hawker Centre and Market. The exact date…

Town council websites to look at when you’re nostalgic for old-school internet

Trying to navigate some town council websites is like stumbling upon an old blog you made in the 2000’s. Checks by GEMonitor found broken links, outdated schedules, missing annual reports from earlier years, and a general plague of…

Analysts bullish on more acquisitions to boost Keppel DC REIT after 3Q results in line with expectations

Analysts believe that Keppel DC REIT could turn to more new acquisition to seek growth, after the data centre trust posted 3Q19 results that were in line with expectations. For the latest quarter ended Sept 2019, KDCREIT reported…

RTS to proceed, but will take some time – PM

PM Tun Dr Mahathir Mohamad confirms today that the government will proceed with the JB-Singapore RTS project, but says “it will take some time”. “We will continue with RTS, but it will take some time and for the…

Haidilao’s new Marina Square outlet to have robot waiters, online gaming powered by 5G

Dining at Haidilao’s new Marina Square outlet will be a somewhat more futuristic experience as the popular Chinese hotpot chain taps on technology to serve customers. The restaurant, which is currently under construction, will have food delivery robots…

Housing policies effective in helping children from low-income families upgrade, but less so for middle class: NUS study

Singapore’s housing policies, which offer substantial subsidies based on incomes, have helped children born to lower-income parents upgrade to more expensive homes when they grew older. However, the policies were less effective for children from middle-income families, who…

Real estate investment sales leapt 53.7% to $11.2b in Q3

Real estate investment sales soared 53.7% QoQ to $11.2b in Q3 with all segments of the property market recording stronger sales, Colliers Intl reported. Investments in the commercial sector took up the most total volume at 41%, rising…

SAP unveils Singapore data centre to support e-commerce businesses

SAP has launched a Singapore data centre for SAP Commerce Cloud to support APAC businesses’ digital commerce strategies. Singapore was selected to host SAP’s data centre due to its geopolitical stability and its adherence to data privacy, and…

Malls in Singapore you may not know exist: PLQ, Oasis Terraces, MyVillage and more

1) Shaw Plaza – Built in the late 1990s, longtime residents of the Balestier area harbour a secret about this mall that only a few are privy to — tickets for popular movies are usually available at this…

LTA exploring ways to maximise non-fare revenue from ads, retail

We thank Mr Joe Chua Cheok Kwang for his letter (MRT advertising space not maximised, Oct 11). In ensuring the financial sustainability of our public transport network, LTA is exploring ways to maximise non-fare revenue, for example, through…

Ticketing fiasco reflects badly on Sports Hub

Sport Singapore CEO Lim Teck Yin said: “Vision 2030 was launched with the belief that sport will have an increasingly significant role to play in nation building and Singapore’s future.” This future looks dismal, judging by the poor…

With 2 Singapore hotels in the bag, Hoi Hup aims for local portfolio

The price tag was almost half a billion dollars – a new record – but Hoi Hup Realty did not dither when offered the Andaz Singapore hotel in the Rochor area. Hoi Hup GM Koon Wai Leong explained…

NTUC’s plastic bag charge trial ends; ‘too early’ for meaningful data

Shoppers no longer have to pay for plastic bags at seven FairPrice and Cheers outlets, as NTUC FairPrice’s month-long trial to charge for plastic bags came to an end on Wed. A FairPrice spokesman said it is “still…

Asian metropolises top list of world’s greenest commuter cities

Three Asian metropolises – Tokyo, Beijing and Singapore – are the world’s leading environmentally-friendly commuting cities, a report to be released by data insight company Kantar on Thurs says. The three rank highly because their huge populations mostly…

5G coverage across half of Singapore expected by end-2022

There will be 5G coverage across at least half of Singapore by the end of 2022, announced MCI Minister S Iswaran on Thurs. He said the agency decided Singapore should have two 5G networks as a start, as…

Caterer fined $5,000 for filthy kitchen infested with cockroaches, houseflies

Infested with cockroaches and flies, the caterer’s kitchen was filthy, with water dripping from the ceiling into the cooked food. Dirty water from the kitchen floor also splashed into uncooked food placed on the ground. In the first…

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