Daily Archives: February 5, 2020 (21 Articles Found)

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Ascott Residence Trust upgraded to ‘buy’ amid coronavirus uncertainty: Phillip Securities

Even as uncertainty over the novel coronavirus outbreak has battered investor confidence in Singapore reits, analysts are staying positive on Ascott Residence Trust (ART). “The recent collapse in the share price due to the uncertainty caused by the…

Coronavirus: Undergrad on leave of absence spends days at budget hotel before being allowed back to rented room

A day before an undergraduate was to return to Singapore from his home town in Fujian, China, he found out that he would be temporarily evicted from his rented room in Bukit Panjang. The 26-year-old, a Chinese national…

I owned two condos before I was 30; it’s not what I expected

Elisa finally agreed to tell her story about buying two condos before she turned 30. Most people think this involves champagne and Scrooge McDuck-levels of money; but as it turns out, it’s actually about scrimping and a measure…

HDB BTO sales launch February 2020 – locations and analysis (Toa Payoh; Sembawang)

A total of 3,020 units are available for the upcoming Feb BTO sales launch this year, the first launch of 2020. Locations on offer include Sembawang, a non-mature estate, and Toa Payoh, a mature estate. 1) Sembawang –…

‘Your grandfather’s road ah?’: E-bike rider punches pedestrian on Woodlands footpath

“This is your grandfather’s road ah?” was the last thing a 55-year-old technician heard before a fist connected with his chin. His attacker had been a PAB rider. While walking home on Feb 1, the man and his…

Deep cleaning initiated at Grand Hyatt hotel linked to Malaysian coronavirus case

The Singapore hotel that has been linked to a coronavirus case in Malaysia said on Wed that it took “further measures immediately”, including deep cleaning areas in the hotel. Malaysia’s Health Ministry announced its first citizen case of…

Coronavirus outbreak: Hospitality sector to feel immediate impact

While the disruption caused by the novel coronavirus outbreak to real estate market activity is expected to be short-lived, C&W believes the impact will be mostly felt by the retail, hospitality and F&B sectors. In fact, the impact…

Eleven commercial units at Balestier Point for sale at $68 mil

Eleven commercial units in Balestier Point are available for sale collectively or on an individual basis, announced Savills. The entire portfolio of freehold units comes with an indicative price of $68 million, or $1.22 million for the smallest-sized…

Two-storey commercial podium at The Rise @ Oxley going for $62.5 mil

A two-storey commercial podium at The Rise @ Oxley is on the market for $62.5 million. This translates to about $3,800 psf on the strata area. The sale will be conducted through an EOI exercise. Located at 71…

Coronavirus: Employers foot bill to house workers on mandatory leave of absence

Six months’ rent. That is the bill for Ms Laureen Goi’s company to house her workers for just 14 days – the mandated leave of absence (LOA) period because of the coronavirus outbreak – after their landlords turned…

Coronavirus: Shops in Chinatown advised to step up cleaning efforts

Measures being undertaken to keep shops and streets clean and workers protected from infection came under extra scrutiny at Chinatown Street Market on Wed. Manpower Minister Josephine Teo and NTUC secretary-general Ng Chee Meng visited the area to…

Fingerprint scanners pose health risk during current crisis

My family arrived in Changi Airport T3 last Thurs, and noted that hand sanitisers were not provided for travellerers at the arrival and departure automated clearance lanes. We also wondered how frequently the fingerprint scanners at the airport…

Developers likely to proceed with launches amid virus outbreak

Residential projects slated for launch in the next couple of weeks appear likely to go ahead as planned for now. However, visitorship to showflats and transaction volumes could decrease amid concerns about the coronavirus outbreak, analysts say. Alan…

Construction workers’ leave of absence raises fears of project delays

Construction players are bracing themselves for possible missed deadlines, with some workers stuck in mainland China or away from work and the epidemic shaping up to be a force majeure event. The sector employs 341,200 foreigners although there…

Disgust erupts online after Yishun resident gets caught smearing blood on lift door

Intentionally splotching a public area with bodily fluids would be widely regarded as a bad move on a regular day, not to mention when it’s during a global virus outbreak. Such is what apparently happened in the infamous…

Town councils step up cleaning at high human traffic areas to counter coronavirus

Cleaning for areas with high human traffic will be stepped up, MEWR Minister Masagos Zulkifli said on Wed, a day after Singapore reported the first four cases of local novel coronavirus transmission. He said that all town councils…

Is a night at Singapore’s first shipping container hotel worth S$188?

Sleeping in a shipping container is unlikely to be at the top of every Singapore visitor’s list, but when I woke up after my night at the Shipping Container Hotel at JTC Launchpad in one-north, I reckon I…

Chatuchak Singapore opens with several original Bangkok favourites

Bangkok’s open-air market Chatuchak says sawadee to Singaporeans looking for a taste of Thailand as it opened here on Tues. It will run for three months at The Grandstand on Turf Club Road in Bukit Timah until May…

Some residential university students describe disarray as hostels turned into quarantine facilities

Some students from four blocks of Prince George’s Park Residences at NUS said chaos ensued after they learnt they had to move out to make way for quarantine facilities for the novel coronavirus outbreak. Recounting the experience, Ms…

Firms must ensure riders have third-party liability insurance

Businesses using active mobility devices on paths, including food delivery services, will soon be required to ensure that their riders are covered by third-party liability insurance. Senior Minister of State for Transport Janil Puthucheary said such organisations have…

Company fined for damaging water main, causing loss of 4.3 million litres of water

An engg consultancy firm was fined S$48,000 after it caused damage to a water main while constructing tunnels for TEL, said PUB on Wed. The damage resulted in a water loss of more than 4.3 million litres. Ryobi…

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