Daily Archives: October 31, 2019 (20 Articles Found)

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Condo row could have been avoided with automated carpark entry

I am surprised that the condominium where a recent altercation took place still deploys guards to man vehicle entry into its carpark. Carparks in HDB estates now have automated systems that differentiate season-parking ticket holders from visitors. While…

Dr M: I don’t know why S’pore rejects proposal for new bridge

Tun Dr Mahathir Mohamad has expressed “bewilderment” over Singapore’s rejection of Malaysia’s proposal to build a new bridge to solve the long-standing congestion problem at the Johor Causeway. The PM said Singapore had adopted this stand despite enjoying…

Public tender launched for residential site at Irwell Bank Road

The URA has launched the public tender for a residential site at Irwell Bank Road under the Confirmed List of the 2H2019 GLS Programme. Located at the junction of River Valley Road and Irwell Bank Road, the 137,656…

Lee Pei Yee joins Colliers as associate director of valuation and advisory services

Colliers Intl has appointed Lee Pei Yee as its associate director of valuation and advisory services from Nov 1. She will report to Govinda Singh, executive director of valuation and advisory services. Lee will drive the growth of…

Singapore welcomes Malaysia’s decision to proceed with RTS Link

Singapore has welcomed Malaysia’s decision to proceed with the RTS Link connecting JB and Singapore, MOT said on Thurs. This comes after Malaysian PM Mahathir Mohamad said earlier that the project will go ahead after its estimated cost…

Snake not seen in 172 years found in Bukit Timah Nature Reserve

A snake not seen in Singapore for over 172 years was spotted in Bukit Timah Nature Reserve last month, according to a report filed on Thurs. Dr John van Wyhe, a senior lecturer at NUS, found the lined…

Are flying taxis the future of public transport in Singapore?

Rather than sit in traffic or squeeze onto a train in the mornings, commuters in Singapore could soon be flying to work. By as early as 2021, air taxis could be a common sight buzzing across the city-state’s…

High Court allows Teochew-v-Teochew spat to be heard in open court

The High Court has ruled that the Teochew-versus-Teochew spat centred on the Teochew Building be heard in an open court, where witnesses, if available, can be called to support a case, among other things. Senior Judge Andrew Ang…

Conferences, mergers to drive hospitality sector’s recovery in 2020

All signs are pointing to Singapore’s hospitality sector approaching a cyclical upturn in 2020, to be driven by a packed line-up of conferences, limited supply, projected recovery of RevPAR, and key M&As, according to a report by DBS…

Co-owner of flat demanded more than 40% of its value though he put in less than 5%

After buying a $237,000 five-room flat in 1997 with a man who was not related to her, Madam Tan Chor Hong was the only one making the mortgage payments for the past two decades. In Dec 2018, co-owner…

Sheng Siong profits up on network expansion

Singaporean supermarket chain Sheng Siong has reported a 16.4-per-cent year-on-year increase in net profit to S$20.6 million for the third quarter. The increase is largely attributed to an increase in gross profit arising from the growth in revenue,…

Analysts lament Starhill Global REIT’s weak growth outlook despite 1Q results in line with expectations

Market watchers say Starhill Global REIT (SGREIT) lacks growth visibility, despite turning in a set of 1Q19/20 results that were in line with consensus expectations. The decline in distribution comes on the back of a 7.8% drop in…

Five shortlisted designs for Founders’ Memorial open for public voting

Members of the public will get a say in what the upcoming Founders’ Memorial will look like, with the chance to vote for one of the five shortlisted designs. The five designs may be viewed online or at…

JB-Singapore RTS Link to proceed with 36% cost cut: Malaysia PM Mahathir

Malaysia will proceed with the construction of the JB-Singapore RTS Link project, PM Mahathir Mohamad said on Thurs. He said the total cost of the project is estimated to be RM3.16 billion (S$1.03 billion), which is RM1.77 billion…

UOB extends S$140m in green loans to real estate SMEs under new framework

UOB on Thurs said it has provided its first green loans under its new real estate sustainable finance framework. Lucrum Capital and Teambuild Engg & Construction are the first to use the framework. The two companies secured a…

New link road connecting Pasir Ris and Punggol towns to open from Nov 17

A new link road will open on Nov 17 to connect Pasir Ris and Punggol, allowing for more direct travel between the two towns. “The new link road will provide motorists with an additional route between the two…

SP Group launches tradable international green energy certs for companies

Companies can now buy and sell intl renewable energy certificates (I-RECs) on Singapore utility firm SP Group’s digital marketplace, to achieve their green targets. SP Group said on Thurs it received accreditation from the Intl REC Standard Foundation,…

WP, PA ‘double standards’ spar: The matter of the access ramp in Aljunied GRC

One would think that the so-called “upgrading carrot”, often used in past election campaigns, has reached the end of its shelf life. Yet, with elections approaching, a delay in the completion of a barrier-free access ramp in an…

Are elite schools doing enough to break down barriers?

Last week, RGS moved into its new home in Braddell, a $90 million campus with state-of-the-art facilities. The 140-year-old institution is one of Singapore’s most prestigious schools has attracted much attention because most schools, especially popular or “elite”…

Use green equipment to maintain parks

Do NEA and NParks have a policy regarding the use of environmentally friendly equipment by park maintenance contractors or limits on the noise and emission levels of such equipment used in parks and nature reserves? While using the…

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