Daily Archives: February 25, 2020 (9 Articles Found)

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Park Hotel obtains S$237m green loan from UOB

Park Hotel Group has secured a S$237 million green loan from UOB to refinance the refurbishment of Grand Park City Hall, a hotel it owns and manages. The loan was issued under the UOB Real Estate Sustainable Finance…

JTC launches two Industrial GLS sites for 1H2020

JTC has launched two sites under the first half of the 2020 IGLS Programme. The first plot out of three Confirmed List sites to be launched is available for tender until Apr 21. Situated at Jalan Papan, it…

UOL rolls out assistance programme for its retail tenants

UOL Group intends to pass on the savings from the property tax rebate unveiled in Budget 2020 to its retail tenants across its three malls – namely, KINEX, United Square and Velocity@Novena Square. This would be on top…

Over 2 in 3 shoppers seek cross-channel store options

More than two-thirds of Singaporeans expect a unified commerce experience when shopping, with physical stores still high in demand, according to a Wirecard report. Cross-channel purchasing options like buying online and picking up in-store (BOPIS) is gaining traction…

India High Comm to build new chancery in Stevens Road

After planning for more than two decades, the High Commission of India in Singapore will go ahead with developing a new, bigger chancery here. India’s High Commissioner to Singapore Jawed Ashraf said he hopes that construction during the…

Some landlords offering virus relief packages to tenants

CapitaLand, Mapletree Commercial Trust (MCT), APM Property Mgmt and Perennial Real Estate Holdings are rolling out measures to help cash-strapped retail tenants, with initiatives ranging from releasing one month’s security deposit to offset rental payments to granting rental…

Build a lookout tower at top of Bukit Timah Hill

My friends and I recently climbed to the top of Singapore’s highest hill, the 163m-tall Bukit Timah Hill. After the initial elation we felt at reaching the top, we were disappointed over being faced with an uninspiring experience…

Setting the stage for the switch to electric cars

That the Government intends to promote the switch to EVs is good. Preparation to get it right needs to start now. First, the infrastructure needs to be improved. The token few spaces equipped with charging points will be…

Tweak ERP operations to get people to go into town

In the midst of the coronavirus outbreak, the Government could look into an all-encompassing means to help businesses. One area in which to support businesses is to help lessen consumers’ reluctance to venture into the central areas. The…

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