Daily Archives: January 12, 2021 (23 Articles Found)

Blackstone to buy Star Wars ‘Sandcrawler’ building in Singapore

Blackstone Group is planning to buy Lucas Real Estate Singapore’s iconic facility, The Sandcrawler, at an indicative price of nearly S$175.8 million, BT has learnt. The sale process is ongoing and is subject to approval from JTC. BT…

Pasting stickers on lamp post an act of vandalism

It was reported that there is one lamp post in Tuas on which stickers can be pasted legally. Transport Minister Ong Ye Kung said an exception was made for this lamp post to brighten up life in Singapore.…

The Straits Times

Could cancellation of Chinese New Year bazaar in Chinatown have been avoided?

I am deeply saddened by the cancellation of CNY bazaar in Chinatown this year. Although we know the reason why the event was cancelled, I believe the organiser, Kreta Ayer-Kim Seng CCC, could have devised more viable ways…

TODAYonline

Complete guide to HDB’s Optional Components Scheme (OCS)

If you have successfully balloted for a BTO flat, congratulations! Now, the hard work of getting your new flat is just beginning. Aside from preparing the necessary documents including the HLE if you intend to take an HDB…

Dollars And Sense

The most flood prone housing estates in Singapore, according to PUB

1) Commonwealth – The area is basically a giant basin, as it is surrounded by higher ground of Holland and Buona Vista. Water is unable to drain directly towards the sea because of the Southern Ridges, and the…

99.Co

Van drives on PCN in Punggol, draws stares and scoldings from pedestrians

The vehicle belongs to a maintenance contractor and had obtained approval from NParks to drive on the PCN, according to an approval document shared by Roads.sg in an update today. The contractor had reached out to them to…

AsiaOne

Choosing between a cluster home or landed? Here are 7 questions to ask yourself

You’ve viewed penthouses, five-bedder condo units. Still, there just isn’t anything with enough room. It’s time to look at landed properties. One of the first key differences to consider is whether to go for cluster housing, or a…

Stacked Homes

TCM since 1879: Eu Yan Sang started as a small medical hall – now has 210 outlets globally

The first Eu Yan Sang outlet was opened as a small medical hall in Malaysia in 1879 by first-generation founder Eu Kong. His only son, Eu Tong Sen, inherited the business and by the 1910s, the shop had…

Vulcan Post

In the Covid era, circularity can be a new frontier as well as a desert: TRIA chief Ng Pei Kang

Sustainability is in a difficult space where you have to make sure (your product or service) is scalable. Sustainability and scalability have an inverse relationship. There has been a lot of sustainability, corporate social responsibility movements, but they…

Eco-Business

Man given stern warning for trespassing into church and defacing Mother Mary statue

A man who trespassed into a church and defaced a statue of Mother Mary has been given a stern warning, with the prosecution withdrawing all charges against him. Race Koh Jun Xian, 38, was given a discharge amounting…

CNA

Malaysia’s MCO to put more pressure on manpower and supply costs for F&B firms

Malaysia’s latest MCO will exacerbate a manpower shortage and cost issues that have plagued F&B firms in Singapore for nearly a year now, companies in the sector told BT. The silver lining is that companies have also adjusted…

Industrial Reits set to continue bullish run in 2021: analysts

Despite having outperformed their Singapore Reit counterparts last year, analysts are optimistic that industrial S-Reits will continue their bullish run in 2021. On Mon, Lee Wee Liat, MD of corporate broking and sales APAC at BNP Paribas, said…

10,712 condo resale transactions in Singapore for 2020: SRX

With the breathless pursuit of property in Singapore despite Covid-19, 2020 ended on a robust showing in the condo resale market. Resale transactions for non-landed private homes rose 18.1 per cent in 2020 from a year ago, flash…

Blackstone buying Lucasfilm Singapore facility for $132 Million

Blackstone Group is looking to purchase Lucasfilm’s building in Singapore for about S$175 million, according to people familiar with the matter. The company has started the process of buying the building known as The Sandcrawler, pending regulatory approval,…

Bloomberg

SGX tightens rules on auditors, property valuers

SGX is tightening its regulation of auditors and property valuers who work with listed companies, in the wake of a series of accounting scandals in recent years. All companies whose main listing is in Singapore will be required…

Ikea launches interior design and renovation studio in Jurong Point

Ikea has launched an interior design and renovation studio in Jurong Point, partnering interior design and renovation platform Livspace to offer interior design, planning and renovation services to clients. The studio features a showroom modelled after a three-room…

ERA adopts digital signing for property contracts

ERA has adopted digital signing for property-related documents online. Clients can now virtually sign tenancy agreements, option to purchase letters for private properties, and CEA forms, among others. The company has said it will progressively roll out more…

JLL appoints new country heads for Singapore and Thailand

JLL has appointed Chris Archibold as country head, Singapore, and Michael Glancy to succeed Suphin Mechuchep as country head, Thailand. Mechuchep will step into a new role as chairperson for Thailand. The leadership changes are effective Jan 2021,…

Otterly delightful surprise for office workers in Penang Road

Office workers at 9 Penang Road were surprised by some unexpected wildlife guests on Mon. A group of 13 smooth-coated otters were seen trooping through the building towards Fort Canning Park to the delight of their onlookers. Led…

The Straits Times

Covid-19 vaccination centres to be opened soon

Covid-19 vaccination centres that allow a large number of people to be vaccinated daily will be ready soon, and shots will be given at polyclinics and GP clinics, said the country’s chief health scientist, Professor Tan Chorh Chuan.…

The New Paper

Residents to be hired to help care for neighbourhood gardens

Those with green fingers may soon be employed on a part-time basis to help landscaping works in neighbourhood gardens. Such opportunities will be part of about 1,000 new and upgraded jobs which NParks aims to create over the…

The New Paper

Home-grown Founder Bak Kut Teh closes two of its four outlets

Home-grown chain Founder Bak Kut Teh, which had four outlets a year ago, is now left with just two – its Balestier Road flagship store and a branch at Downtown East in Pasir Ris. It closed its outlet…

SGSME