Daily Archives: October 25, 2019 (23 Articles Found)

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Safety a concern for some as testing of driverless vehicles is extended

While extending the trials of AVs to more public roads is a necessary step in the development of the technology, some road users have questions about the implications for safety. Undergraduate Yeo Zhi Min, 19, who lives on…

Hole in Geylang road forces lane closure

A hole appeared on a road in Geylang on Fri morning, prompting repair works that went on into the evening. LTA said it was informed at around 11am that a hole had emerged on the middle lane of…

Maid’s employer testifies that she did not see helper standing on glass awning

The employer of a maid caught on camera in 2017 cleaning a second-storey glass awning told a district court on Fri that she had never seen the helper standing on it. Australian Belinda Huber alias Belinda Tran, 37,…

Young Muslims in the west to get more and quicker help with new Mendaki centre in Jurong

Young Malay residents in the western part of Singapore will receive more and faster help with their studies, with self-help group Mendaki opening a new centre in Jurong on Fri. The satellite centre is sited near such educational…

Saint Andrew’s Mission Hospital to operate three eldercare facilities in the East

The Saint Andrew’s Mission Hospital (SAMH) has been appointed by MOH to be the integrated operator of three eldercare facilities in the eastern part of Singapore. The hospital will be in charge of running a nursing home with…

Expanded test bed in Singapore for autonomous vehicles a big boost for research: Developers

Developers of AVs have called the move to open up all of western Singapore for trials an unprecedented step – one that will greatly enhance the development of such vehicles here. It is logical to expand the test…

Man admits to flying drone near Paya Lebar Air Base without permit, in first such conviction

A 37-year-old man who flew a drone at an open field in Punggol, about 1.7km away from the Paya Lebar Air Base, has become the first person here to be convicted of illegally flying an unmanned aircraft near…

Little shophouse of honours: The stories behind restoring two URA award-winning shophouses

Shophouses won big at this year’s Architectural Heritage Awards. The annual award administered by URA recognises good conservation practices. Temasek Shophouse on Orchard Road was the sole winner of the Award for Restoration, while a residential shophouse in…

Singapore’s safe-haven lure boosts home prices in prime areas

Private home prices rose more than expected in the third quarter, driven by demand for apartments in prime districts, but office rents and values posted a surprising fall after steady gains over the past two years. The contrasting…

Yanlord Land revives $2.60 per share offer to buy over United Engineers

Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers (UE) share it does not own. The deal values UE, one of Singapore’s oldest companies with businesses in property and…

Office prices down 3.9% in Q3: URA

Office prices dropped 3.9% QoQ, reversing the 0.9% growth in Q2, according to data from URA. Rentals of office space also fell 0.6% QoQ, compared to a 1.3% increase in the previous quarter. Total office supply in the…

Retail rents up 2.3% in Q3: URA

Retail rents rose 2.3% QoQ in Q3, reversing a 1.5% decline in the previous quarter, according to URA. The prices of retail spaces picked up at a faster pace QoQ at 1.1% from 0.4% in Q2. At the…

Industrial investment sales up 12% to $681m in Q3

This chart from Colliers Intl shows that Singapore’s industrial investment sales climbed 12% QoQ to $681m in Q3, mainly driven by Keppel DC REIT’s acquisition of two data centres. The nine-month tally remained modest at $1.8b. However, Colliers…

Property investments jumped 45.6% to $10.67b in Q3

Real estate investments surged 45.6% QoQ to $10.67b from the $7.33b seen in Q2, mostly occupied by the commercial sector which grabbed $4.17b or 39.1% of the total quarterly figure, according to Savills. Transactions in the commercial sector…

Private home price growth slows to 1.3% in Q3: URA

Price growth of private homes moderated 1.3% QoQ in Q3 from the 1.5% QoQ increase in Q2, according to URA. Prices of landed homes also inched up 1% QoQ over the same period after declining 0.1% in Q2;…

Industrial space prices up 0.1% in Q3: JTC

The price index of industrial spaces reversed from the 0.1% dip in Q2 as it inched up 0.1% QoQ in Q3, whilst rentals remained unchanged during the same period, according to data from JTC. Prices of multi-user factory…

HDB resale transactions dip slightly in Q3 as prices rise

The number of resale transactions in Singapore’s public housing market fell slightly in the third quarter as prices inched up, HDB announced on Fri. The prices of resale flats rose by 0.1 per cent in the three months…

10 private estates to get S$29 million upgrading

MND said on Fri that it will set aside S$29 million to upgrade another 10 private estates. The upgrades will fall under the tenth batch of the Estate Upgrading Programme (EUP). The 10 estates are: Cheng San Cactus…

Bukit Panjang transport services to be enhanced, LRT renewal on track for completion by 2024

Transport services in Bukit Panjang will be enhanced, with the renewal of BPLRT on track for completion by 2024, said LTA and SMRT. On Fri, SMRT also said that it has intensified maintenance of the BPLRT, resulting in…

Singapore sees cash starting to flow from turbulent Hong Kong

More than four months of unrest in Hong Kong is proving to be a blessing for Singapore, a long-time rival to the title of Asia’s pre-eminent financial centre. Hotel occupancy rates are at an all-time high, one of…

Lotte Duty Free wins Changi Airport Group liquor & tobacco concession

CAG has awarded its liquor & tobacco concession tender to Lotte Duty Free. The company will succeed DFS Group when the concession contract expires next year. The awarding of the liquor & tobacco concession ends a fierce contest…

Entrepreneur to launch shipping containers turned into hotels

Repurposed shipping containers could make for unusual hotels in surprising locations, say, on Coney Island, or Marina Barrage overlooking NDP fireworks. Depending on how his first two container hotels do at one-north in Dec, entrepreneur Seah Liang Chiang…

Maid says employer did not stop her from standing on glass awning

A domestic helper caught on camera in 2017 cleaning a second-storey glass awning by standing on its surface told a district court yesterday that her employer had spotted her doing so on two occasions. Ms Taculad Rose Mae…

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