Daily Archives: October 6, 2020 (32 Articles Found)

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Rents for factories fall 1.4% q-o-q to $1.75 psf per month in 3Q

The median rent of multiple-user factory spaces in Singapore fell by 1.4% q-o-q and 2.2% y-o-y to $1.75 psf pm in 3Q2020, notes Knight Frank in its report on the industrial market. In July and Aug, leasing transactions…

S.E.A. Aquarium gets new habitats for its newborn animal residents

Visitors to S.E.A. Aquarium at RWS can now admire and welcome its newest animal residents: baby sharks, rays and poison arrow frogs that were born while the facility was temporarily closed. Some of the aquarium’s newborns are included…

Parliament: 9 in 10 applications to defer property loan repayments approved

About 90 per cent of the 38,900 applications received by banks to defer property loan repayments were approved as at end-Aug, revealed Senior Minister Tharman Shanmugaratnam in a written answer to MP Murali Pillai (Bukit Batok) in Parliament…

Jail for man who took bribes and was lenient in construction site inspections of Singapore Customs building

A resident technical officer accepted more than $5,000 in bribes in return for showing leniency over the inspections of the Customs Operations Command Complex (COCC) construction site. Lee Mun Cheng was jailed for 18 weeks and fined $7,000…

JTC and WSG to step up checks following lapses flagged by A-G’s office

JTC has confirmed 400 cases of unauthorised subletting in an ongoing investigation that will be completed by the first half of next year. The update to Parliament yesterday came in response to WP MP Louis Chua (Sengkang GRC),…

Employers encouraged to allow flexible work hours to take load off public transport

Flexible hours for those who need to be in the office should be considered as public transport passenger volume climbs with the easing of restrictions at workplaces. Transport Minister Ong Ye Kung is encouraging employers to allow staff…

Singapore’s public transport system ranked tops by US travel site

Singapore’s public transport system has been ranked top in the world by US-based travel website Far & Wide, beating London in second place and Hong Kong in third place, among other cities. The website cited high commuter satisfaction…

Spa pools, water playgrounds must undergo licensing

Spa pools and water playgrounds – including interactive water fountains – will need to undergo mandatory licensing by the middle of next year or face penalties. This will ensure that these facilities comply with chemical and bacteriological regulatory…

How much must you earn to pay off your property by 50?

Here’s a thought that will make any Singaporean heart turn cold: working past 50 to pay off a housing mortgage. Could you really still be attending 10 am presentations, and typing mind-numbing reports in your mid-50’s, all because…

Guide to HDB season parking, family season parking, and special parking permits

More than 80% of Singapore’s population live in HDB flats all around the island. HDB not only takes care of building new flats, but also the administration, maintenance and upgrading of neighbourhood amenities, including carparks. In fact, according…

“it’s a ghost town”: At Lucky Plaza, hollowed out by entry curbs, a community goes into crisis

To a mall, there is no sound more terrifying than silence. Silence means a lack of bodies, which means a lack of business, which means danger. It means restaurants without customers and hair salons without clients; unsold goods…

This S’porean turns shophouses into luxury co-living spaces – prices go up to $3,450 per room

Co-living is all the rage right now with players like Lyf, Hmlet, and Cove popping up all over the island in recent years. This is a testament to the growing traction that co-living is experiencing in Singapore. Singapore-based…

‘Take what you need’: Group of friends set up free food pantry in Yishun for the needy

With an increase in retrenchments and pay cuts in Singapore due to the Covid-19 pandemic, many are finding it harder to put food on the table. However, some residents along Yishun St 51 have noticed the recent appearance…

How resilient economy, going green can boost growth post-coronavirus

To prepare for growth in the post-coronavirus years, Singapore needs to produce essential food and medical supplies locally, invest in and adopt energy-efficient technologies, and seek new business opportunities in the growing “green” economy. These efforts will make…

Air travel bubbles, more green lanes part of plans for Singapore to ‘revive’ Changi Air Hub amid COVID-19: Ong Ye Kung

Pursuing more green lane arrangements and negotiating air travel bubbles with countries whose COVID-19 infection rates are low were among the plans outlined by Transport Minister Ong Ye Kung on Tues to “revive” Changi Air Hub. Mr Ong…

Scaled-down Orchard Road Christmas light-up to bank on domestic shoppers

Merchants on Singapore’s prime Orchard Road shopping belt are banking on domestic shoppers to boost sales this Christmas, even as the tentpole Christmas light-up will be scaled down due to the pandemic. The event last year drew 4.5…

A new era for construction services

Over the last 16 years, QXY Resources has made a name for itself for giving existing buildings a face-lift. Since its inception, it has handled more than 120 projects and worked on over 200 buildings in Singapore. These…

Dedicated digital venues amp up the virtual event game

The right venue is crucial to a successful business event, but many organisers have settled for less-than-ideal digital venues for their online events during the Covid-19 pandemic. Low-quality video, technical issues and limited options to customise branding and…

Banks allowed to pledge HDB property loans to MAS to boost access to credit amid COVID-19 economic fallout

FIs will be allowed to use their security interests in HDB flats as collateral for liquidity from MAS, as part of the Government’s plan to improve their access to funding from the central bank amid the COVID-19 crisis.…

Singapore reports 11 new COVID-19 infections, including 2 in community and 4 imported

Singapore reported 11 new COVID-19 cases as of noon on Tues, including two in the community. There were four imported infections, all of whom were asymptomatic and were tested while serving stay-home notices at dedicated facilities upon arrival…

How two Hougang boys opened a dream restaurant through ‘telepathy’

If opening a restaurant in the middle of a pandemic sounds like a move so challenging it borders on foolhardy, add to that the complication of one partner being in another country, and you have what looks like…

Ikea, Giant hypermarket in Tampines among places visited by Covid-19 cases while infectious

On Tues, MOH said that the infectious persons had visited La Rouge Beauty Parlour at 30 Bayshore Road on Sept 22 between 9.40am and 12.15pm, USS on Sept 24 between 3.10pm and 8.45pm, Hard Rock Cafe at RWS…

Make SafeEntry check-ins contactless with TraceTogether tokens

I was disappointed to learn that the recently distributed TraceTogether tokens have QR codes behind them for SafeEntry check-ins. This means that anyone who wishes to enter a SafeEntry point will still have to retrieve his or her…

2 F&B outlets ordered to close for breaching Covid-19 measures; 13 outlets and 21 individuals fined

Two F&B outlets have been ordered to close, while another 13 have been fined for breaching Covid-19 safety rules. Twenty-one people have also been fined for breaking the rules set in place to prevent the spread of Covid-19…

Covid-19 testing lab to be set up at Changi Airport, as S’pore seeks to encourage visitors from safe countries

In the coming months, a dedicated Covid-19 testing laboratory will be set up at Changi Airport as Singapore opens up to the world and encourages travellers from countries which have Covid-19 under control to visit. In his ministerial…

HDB gets 2.6 reports about defects on average from BTO projects within first year: Indranee Rajah

At one Woodlands BTO project, residents have found defects in over 200 of the 888 units, including melting window panes and broken toilet seats. But Ms Indranee Rajah, the Second Minister for National Development, said the case of…

Changi Airport now world’s 58th busiest, serving 1.5% of usual passenger volume: Ong Ye Kung

With the COVID-19 pandemic having decimated air travel, Singapore’s Changi Airport has gone from being the seventh busiest airport in the world to the 58th busiest today, said Transport Minister Ong Ye Kung on Tues. Compared with pre-pandemic…

Ascott offers greater value, flexibility with new mobile app

The Ascott Limited has launched its new ‘Discover ASR’ mobile app. On Tues, Ascott revealed that the app unlocks more convenience to members of its Ascott Star Rewards (ASR) programme, offering greater value and flexibility as well as…

RHB ‘overweight’ on Singapore property sector

Shares of Singapore-listed real estate developers are trading at deep discounts to their book values and RNAV, offering “good value” at current levels. That is according to RHB analyst Vijay Natarajan, who kept his “overweight” rating on the…

Bigger is better for Singapore home buyers

Home owners are trading up, spurred to take that plunge of a bigger financial committment by the work from home trend which has led to a surge in sales of large condos. These are defined as more than…

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