Daily Archives: August 7, 2020 (29 Articles Found)

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Tong Heng: How this 4th gen S’pore biz owner revamped her family’s 100-year-old bakery

There’s a popular bakery in Chinatown that sells dairy-free, diamond-shaped egg tarts in pretty, brightly-coloured packaging. Ana Fong, the bakery’s 4th-generation successor and GM, wants you to know that the brand has a name: Tong Heng. This 100-year-old…

ABC Brickworks hawker centre, Golden Village in Jurong Point among places visited by Covid-19 cases while infectious

The ABC Brickworks Market and Food Centre in Bukit Merah and GV cinema in Jurong Point were among several locations added to a list of public places that have been visited by Covid-19 cases during their infectious period.…

Two locals among 242 new COVID-19 cases in S’pore; additional dorm cluster

MOH on Fri confirmed 242 new COVID-19 cases, bringing Singapore’s total to 54,797, and an additional cluster linked to a foreign worker dormitory. The newly announced cluster of four cases is linked to a dorm at 66 Tech…

Genting Singapore sinks into red with $116.68m loss in H1

Genting Singapore Limited reported a $116.68m loss in H1, the company’s SGX filing revealed. Revenue shrunk 65% YoY to $448.25m from $1.28b over the same period last year. The company reported a net loss of $163.3m for Q2—its…

CapitaLand’s profit dropped 89% to $96.61m in H1

CapitaLand Limited saw its profit sink 89% YoY to $96.61m in H1 from $875.37m in H1 2019, an SGX filing revealed. Operating profit also crashed 27.7% YoY to $261.2m. Revenue dipped 4.9% YoY to $2.03m, no thanks to…

‘Inequality intertwined with environmental injustice’: Green groups in Singapore call for fairer treatment of migrant workers

Amid fresh concerns over the prolonged isolation of Singapore’s dormitory-dwelling migrant workers and their mental health, 23 environmental groups in the country have called for decent working and living conditions for the workers and fair reward for their…

Tuan Sing to sell Robinson Point for $500 million

Tuan Sing Holdings will be selling its 39 Robinson Road office property for $500 million. Robinson Point, as this property is called, was last valued by Colliers Intl Consultancy & Valuation (Singapore) at $374.4 million. Tuan Sing can…

Industrial building in Kallang up for sale

A detached five-storey industrial building at 209 Kallang Bahru has been put up for sale by Savills Singapore. The price will only be disclosed to prospective buyers, says Savills. The property spans 24,380 sqft with a GFA of…

PropNex: From ‘nobodies’ to biggest realtor in 20 years

Over the weekend of July 25–26, PropNex launched its first ever Virtual Property Expo. The event featured over 1,000 listings of units in new projects, resale private homes, HDB flats and landed property. More than 30,000 viewers logged…

Sea-facing unit at V on Shenton for sale at $2.3 mil

A 1,055 sqft, two-bedroom-plus-study unit at V on Shenton is on sale via private treaty for $2.3 million ($2,180 psf). A mortgagee sale, the property is being marketed by Edmund Tie. The 25th-floor unit enjoys sea views towards…

Oxley remains on top of the game by staying nimble, embracing change

The Covid-19 pandemic has redefined the business reality for the residential property sector, which traditionally relies on grand project launches, bustling property viewings and face-to-face customer service to market the latest development to homebuyers. Local developers like Oxley…

SingHaiyi’s online pivot

As Singapore’s “circuit breaker” kept most physical workplaces and venues shut, businesses were devising creative ways to push sales and remain afloat. Not exempt from such an effort is Singapore-listed property developer SingHaiyi Group, which began turning to…

Surge in buying interest at Daintree Residence

Daintree Residence is a sort of sleeper hit among new residential projects launched over the past two years. New units sold in the 327-unit private condo shot up to 14 the first weekend that sales galleries reopened —…

Duchess Crest resale unit reaps $1.5 mil profit

The top gains for the period of July 21 to 28 were led by the sale of a unit at Duchess Crest, located along Duchess Ave, which reaped a profit of $1.51 million. The 1,722 sqft unit on…

Most building projects to resume by end of next month amid new protocols

The vast majority of migrant workers residing in dormitories will be able to resume work by mid to late Aug, with most built projects to restart by the end of next month. But the construction sector must adapt…

Singapore’s hub status hangs on how Asean pulls together: think tank

Closing doors to focus on national priorities during a pandemic is a false answer, a Singapore-based think tank suggested on Thurs, and what Asean needs is instead greater transparency and integration for a strong recovery. “The right answer…

Home loan rates are low — Do you refinance or reprice? Five things to know

1) What’s the difference between refinancing and repricing? – When you refinance, you are taking out a loan with another institution to pay off your existing loan. Repricing, on the other hand, allows homeowners to switch to a…

In Singapore, battling the COVID-19 threat outside and the dengue peril at home

As if COVID-19 was not enough, Singapore is now in the grips of a dengue epidemic of historic proportions. The lion city started the year with 300 to 400 dengue cases a week, in itself worryingly high, but…

Owed $12k and $30k worth of stock: Local designer claims National Gallery museum store lacks integrity

“Please don’t blame it on Covid. Covid does not cause a deficit in integrity.” Those were the words posted by local designers The Little Drom Store on their IG stories yesterday, addressing the mgmt team behind museum and…

HDB cleaner uncle discloses Singaporeans’ common littering habits

What’s the most common type of litter a cleaner at Singapore’s HDB flats faces each day?If you guessed tissues, you are wrong. In a video for Keep SG Clean released by PHC on Tues HDB cleaner Andari B…

Kayakers paddle to the rescue of dozens of tangled crabs in a pinch

A kayaking trip turned into a rescue mission yesterday when three Singaporeans found dozens of crabs and one lobster entangled in an abandoned drift net. Sim Cher Huey and friends found the net in an area where fishing…

COVID-19 closures: Gallery & Co. at the National Gallery liquidated on retail woes

Gallery & Co, the National Gallery’s museum store and cafeteria, is being liquidated, according to its mgmt By AndCo today. It decided to terminate their mgmt of the shop due to the challenges brought about by COVID-19. Opened…

COVID-19: Guidelines for 7th lunar month activities issued, getai and auctioning prohibited

The safe mgmt guidelines for the upcoming seventh lunar month activities have been issued including the prohibition of live getai, auctioning, and dinners. Religious organisations can consider alternative forms such as digital recordings that allow their worshippers to…

Ng Teng Fong GH unveils bio-aerosol containment units for COVID-19, other critically ill patients

A hospital has partnered a polytechnic to come up with detachable box shields that provide more protection for healthcare workers caring for critically ill patients, including COVID-19 cases. Known as the bio-aerosol containment unit (BCU), these box shields…

Stricter laws, tougher penalties to curb vice trend in heartlands

Stricter laws and tougher penalties will take effect on Fri in order to stem an increasing trend of vice in the Singapore heartlands. On Thurs, MHA said that amendments to the Women’s Charter – which was passed in…

Punggol residents rattled by cracked exterior wall of housing block, HDB says no structural issues

For months, residents of a public housing block in Punggol have been looking at a large, highly visible crack on an exterior wall of the block, troubled by whether it will give way and endanger lives. On Mon,…

Covid-19: Rights groups raise concerns on rules restricting migrant workers’ movements

Some migrant worker rights groups and activists have raised concerns about rules that restrict workers’ movements in and out of dormitories, saying that they are too strict, give employers too much power and that it is unclear how…

Covid-19: Two Catholic churches ready to take part in MCCY pilot that allows 100 people at services

The Catholic Church in Singapore has identified two churches that are ready to take part in a Government pilot programme that allows religious organisations to increase the capacity of people at worship services from 50 to 100. The…

Migrant worker found dead in Jurong West warehouse used as dorm

A migrant worker was found dead inside a warehouse in Jurong West early on Mon. The 36-year-old Indian national was found in the factory-converted dormitory in Fan Yoong Road in Jurong West. The police said they received a…

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