Daily Archives: November 24, 2020 (10 Articles Found)

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Homegrown condo developers are snapping up old landed properties. Here’s why

1) Willing sellers – Many of these landed properties are more than 40 years of age and are saddled with increasing maintenance costs. The reason for owners to come to a consensus is because a combined sale of…

All 18 new COVID cases in S’pore imported; no active clusters for 1st time since 3 Feb

MOH confirmed 18 new COVID-19 cases in Singapore on Tues, taking the country’s total case count to 58,183. The ministry also announced that there are no active COVID-19 clusters for the first time since 3 Feb. All 18…

Pines club members sue motoring tycoon Peter Kwee over relocation, redevelopment of premises

A total of 162 members of The Pines club are suing motoring tycoon Peter Kwee and his company Exklusiv Resorts for downsizing their clubhouse at 30 Stevens Road and relocating some facilities to a shared site in Tanah…

NEA to launch new scheme to help retiring veteran hawkers pass on skills, stalls to successors

A new scheme to help veteran hawkers pass on their businesses to aspiring hawkers is in the works. Senior Minister of State for MSE Amy Khor said on Tues that a Hawker Succession Scheme (HSS) will be rolled…

Adorable robots are making food deliveries for free at Nanyang Technological University

Food delivery robots with cartoon faces on them seemed to have made the day of one NTU student, who shared a clip of the roaming automatons on Reddit. The video, uploaded by u/penguinoni on Mon, depicted the wheeled…

Keysight, NTU team up on hybrid V2X communications

Keysight Technologies announces its collaboration with NTU to develop a transceiver test bench for a hybrid vehicle-to-everything (V2X) communication system. V2X technologies include dedicated short-range communication (DSRC) and cellular-V2X (C-V2X). However, a single unified V2X test solution does…

Pair of freehold shophouses at Bukit Pasoh for sale at from $35 mil

Two adjoining shophouses at 44 & 46 Bukit Pasoh are on the market with a guide price of $35 million, with Knight Frank. The two properties sit on a combined plot of 4,745 sqft, and the two-storey shophouses…

A third of home loan borrowers face repayment challenges: poll

Covid-19 was a setback for Singaporeans’ financial health, impacting their ability to pay their housing loans and dragging down their passive income, a survey by OCBC has found. The OCBC Financial Wellness Index, which launched in 2019, has…

SPH Reit manager defends not disclosing key personnel salaries

The manager of SPH Reit on Mon defended its decision not to disclose the salaries of its key mgmt personnel in the Reit’s latest annual report, in response to a query from SGX. SGX noted that SPH Reit…

High demand for five-room BTO flats in Toa Payoh (Bidadari)

Undeterred by the high price tag, home seekers rushed for the five-room BTO flats in Toa Payoh (Bidadari) – the most expensive units in the Nov sales launch. As at 5pm on Mon, the 144 five-room flats in…

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