Daily Archives: November 20, 2020 (26 Articles Found)

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CapitaLand unveils business transformation framework ‘The Next 20’

CapitaLand marked its 20th year of listing on SGX Securities Trading with the launch of its new business transformation framework – The Next 20 (TN20). Built on the three core tenets of People, Sustainability and Digitalisation, TN20 will…

Time for Quarz Capital and Black Crane to make their case to Sabana Manager’s board and unitholders?

On Nov 20, the board of Sabana REIT’s manager reiterated that the proposed merger between ESR-REIT and Sabana REIT is the only offer that is currently on the table. With an EGM due in two weeks’ time, it…

The rise of resale HDBs

The red hot HDB market seems to be defying all expectations. The chart below sums up the plot of the HDB story this year. After average monthly sales volume plummeted 79% during the circuit-breaker months, the recovery was…

Mark Yip’s plan for ‘new Huttons’

Mark Yip may have just started work as Huttons Asia’s new CEO on Nov 2, but he already has big plans for a “new Huttons”. His appointment as CEO was announced shortly after the merger of Savills Residential’s…

Mortgagee sale of Rosewood Suites penthouse for $1.33 mil

A three-bedroom penthouse on the fifth storey of Rosewood Suites in District 25 will be put up for auction by Edmund Tie on Nov 18. The 2,045 sqft penthouse will be offered with a guide price of $1.33…

Unit at The Tessarina sold for $1.32 mil profit

The seller of a unit at The Tessarina, along Wilby Road, made the top gain of $1.32 million over the week of Nov 3 to 10. The 1,313 sqft unit on the third floor was bought for $965,000…

Hoi Hup-Sunway’s Ki Residences: First new launch at Sunset Way in 20 years

Ki Residences at Sunset Way in District 21 is set to preview on Nov 20, with its launch scheduled for two weeks later. The 660-unit, 999-year leasehold development is on the site of the former Brookvale Park, which…

KOP’s Ong Chih Ching on Dalvey Haus

Luxury property group KOP plans to turn its next development at the former Villa D’Este into a niche luxury project with just 27 apartments named Dalvey Haus. Located at Dalvey Road in prime District 10, the new boutique…

Address issues of financial viability and succession planning to preserve hawker culture

It is heartening that Singapore’s bid to get its hawker culture added to the Unesco intangible cultural heritage list has been given a leg-up. Singapore’s unique hawker culture will indeed be lost if the issues of financial viability…

Signs of people not following SafeEntry measures strictly

Perhaps due to the low number of Covid-19 infections in Singapore nowadays, I have observed a few cases where the SafeEntry check-in/out measures were not followed strictly. At a supermarket I go to, a staff member directs customers…

Wild boar attack: Woman left with 10cm long gash on leg, exposed bone

Most of Singapore’s parks aren’t exactly known for their wildlife so one woman was certainly caught off guard when her evening stroll was disrupted by a wild boar attack. She was walking home with her husband from Sungei…

COVID-19: Singapore confirms 4 new cases; no local case for 10th straight day

MOH confirmed four new COVID-19 cases in Singapore as of Fri, taking the country’s total to 58,143. All four new cases are imported. This means for the 10th straight day, there are no new cases of locally-transmitted infection.…

Ministry of Manpower revokes 4 work passes over breach of SHN

MOM on Fri said it has revoked the work passes of four people who breached their Stay-Home Notice (SHN) requirements in the past three months. “They had left their places of residence without valid reasons and without seeking…

A green recovery for S’pore?

What most people see as dirty, Mr Ho Lip Teng sees as opportunity. The business development manager, 32, brims with ideas on how the waste sector he works in can be revolutionised with technology. Food wastage at grocery…

Camp, race go-karts and more – at Changi Airport

Fancy a staycation sleeping under stars and waking to a view of the world’s tallest indoor waterfall? You can now book one at Changi Festive Village, Changi Airport’s biggest lifestyle experience, which was unveiled yesterday with support from…

Floral Fantasy attraction to reopen at Gardens by the Bay

Visitors to Gardens by the Bay can now look forward to enjoying its Floral Fantasy attraction, which is set to reopen on Sat. The attraction will feature “Joy”, a 5m-tall sculpture made of dried and preserved flowers, which…

High-tech fish farm first in Singapore to have own post-harvest facility

A high-tech fish farm off the coast of Pulau Ubin can now process the fish it has hatched from eggs before delivering the produce to the doorsteps of Singapore customers. The Eco-Ark is home to 30 tonnes of…

UOB $181m lawsuit against Lippo unit, 7 others over alleged conspiracy to get higher loans for condo buyers begins

A $181 million lawsuit filed by UOB against developer Lippo Marina Collection (LMC) and seven individuals went to trial this week. UOB which commenced legal proceedings in 2015, is accusing the subsidiary of Indonesia’s Lippo Group of being…

Mizuho to cut Singapore office space on work-from-home success

Mizuho Financial Group is set to trim its Singapore office space, as the Japanese bank looks to revamp the workplace in global financial centres in the wake of the pandemic. Japan’s third-largest lender is looking to cut about…

Airbus’ new campus in Seletar a ‘statement of confidence in Singapore’ amid COVID-19 pandemic

The official opening of Airbus’ new integrated campus amid the COVID-19 pandemic is a “statement of confidence in Singapore”, said MTI Minister Chan Chun Sing on Fri. The campus was originally scheduled to be inaugurated in February, but…

MSE in process of working on and revising sustainability guidelines for public sector: Grace Fu

MSE is in the midst of working on and revising its sustainability guidelines for the public sector, said its minister Grace Fu. “We hope that with that guidelines, more public agencies will be thinking about sustainability, will be…

Mandatory e-scooter inspections essential to tackling safety concerns: LTA

We refer to Mr Lim Choo Beng’s letter, “Compulsory escooter inspections may be ineffective, should be re-evaluated”. We agree with Mr Lim that enforcement and vigilance against the use of non-compliant devices are important. But they are effective…

14-day stay-home notice back in force for travellers from Japan, Malaysia due to rise in Covid-19 cases

With the resurgence of Covid-19 cases in Japan and Malaysia, Singapore is tightening its border controls for travellers who are arriving from these two countries, making it mandatory for them to serve 14-day stay-home notices at dedicated facilities.…

‘I wanted to beautify her’: Man remanded in IMH after being charged with defiling statue of Mary at Hougang church

A 37-year-old Singaporean man was charged on Fri with defacing a statue of Mary at a Catholic church in Hougang last week. Race Koh Jun Xian faces one count each of criminal trespass and defiling a place of…

Bukit Sembawang Estates’ acting CEO resigns

Bukit Sembawang Estates’ acting CEO, CFO, and company secretary Ooi Chee Eng has tendered his resignation “for personal reasons”, the mainboard-listed property developer said on Thurs after the market closed. Mr Ooi, 48, had been CFO and company…

Far East Hospitality positions itself for the long haul as it expands footprint

Amid an ongoing pandemic, Far East Hospitality is betting on the long-term potential of the tourism industry: It is pushing ahead with expansion plans, having inked three mgmt contracts in its core markets Singapore, Australia and Japan. The…

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