Daily Archives: January 18, 2021 (29 Articles Found)

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New launch or resale condo: Five factors to consider before buying a private property

1) Affordability – It’s imperative that you perform detailed calculations of your finances, set a budget, determine how much you need for your cash outlay, and the home loan options available. The main costs you need to take…

Lot One Shoppers’ Mall and Sembawang Shopping Centre among places visited by Covid-19 cases while infectious

On Mon, MOH said that the infectious persons had visited Lot One Shoppers’ Mall at 21 Choa Chu Kang Ave 4 on Jan 7 between 1.25pm and 2pm, Jan 9 between 7.05pm and 7.50pm. Sembawang Shopping Centre on…

45-year-old driver arrested after goods on trailer hit flyover on AYE

A 45-year-old trailer lorry driver was arrested on Mon after goods on his trailer apparently hit a flyover above AYE, resulting in traffic congestion. SPF said they were alerted to the accident along AYE towards MCE at about…

Decentralised, high-quality business parks to be in demand

C&W expects decentralised and high-quality business park space to be in demand as companies explore new ways of working. It noted that the “rationale for a central office location due talent retention” may weaken amidst the increasing adoption…

Shangri-La Dialogue to resume this year with COVID-19 safety measures in place

The annual Shangri-La Dialogue in Singapore will take place this year, said Defence Minister Ng Eng Hen on Mon, after a brief hiatus due to the COVID-19 pandemic. Organised by IISS, the defence summit draws delegates from dozens…

14 new COVID-19 cases in Singapore, including 2 community infections linked to police para-vet cluster

Singapore reported 14 new COVID-19 cases as of noon on Mon, said MOH. Two cases are in the community and there are no new cases in foreign workers’ dormitories. Both community cases are linked to the police para-veterinarian…

TraceTogether tokens handed out again at 38 CCs – but without the long queues

Residents lined up on Mon to collect their TraceTogether tokens – but this time without the long queues seen in Oct. Distribution of the devices resumed at 38 CCs, 12 weeks after it was suspended due to overwhelming…

Recent Covid-19 infections in S’pore dorms likely to be isolated cases, say experts

The first Covid-19 infections picked up in foreign worker dormitories in a month are likely to be sporadic cases, experts have told ST. They said there was no need for alarm unless more cases start cropping up, while…

Foreign airlines get approval to fly transit passengers to Changi Airport

Several more airlines have received approval from CAAS to stopover at Changi Airport with passengers enroute to other destinations. At least three airlines – Lufthansa, Swiss Intl Airlines and Garuda Indonesia – have resumed ferrying transit passengers this…

Property developers must take the lead in industry transformation as S’pore seeks to innovate better: Heng Swee Keat

Property developers in Singapore have to set the pace for industry transformation in the post-pandemic world, where an increasing premium will be placed on sustainability and resilience. Calling on developers to build a sustainable, caring and liveable city,…

Mangroves in Singapore buzzing with insect life and are home to 1,102 species, study shows

Mangroves here may boast fewer plant species than other types of forests, but they still buzz with life, new research has indicated. More than 3,000 species of insects have been found in mangrove patches here, with most likely…

Wildlife that call Singapore’s Southern Islands home

Singapore is a maritime nation, and the islands that ring the southern coast are rich in stories of its seafaring past. The Southern Islands also have a wealth of flora and fauna, although creatures that dwell in the…

Collision with bike leaves girl, 8, needing eye surgery

An eight-year-old girl was left with a pair of broken spectacles and a bleeding eye after she was allegedly hit by a food delivery rider on a bicycle on Fri last week. The accident happened as the pupil…

Residents complain of water seepage issues in homes after heavy rain in Singapore in recent weeks

Some residents are battling water seepage issues in their homes after heavy rain in recent weeks, with many turning to town councils and contractors for help. MP for Tampines GRC Baey Yam Keng shared that, in the last…

Three freehold residential buildings at Mount Emily Road for sale at $18 mil

Three freehold residential buildings at 2, 4 and 6 Mount Emily Road will be up for sale from Tues, Jan 19, at a guide price of $18 million, or $1,115 psf on the existing GFA. The portfolio comprises…

Ideas for Jurong Lake District include bigger plots, signature events

Property developers, investors and businesses have offered several suggestions for JLD, which is set to provide over 100,000 new jobs and 20,000 new homes when it is fully developed. These ideas include the government selling larger sites “with…

2021 construction demand forecast to recover, but shadow of manpower crunch remains

Total construction demand is projected to recover to between S$23 billion and S$28 billion this year, and industry players are mixed on whether they have the capacity to cope with the rising demand, given manpower issues. Allan Tan,…

Property market must remain stable so young Singaporeans can own homes: DPM

DPM Heng said the government is paying “close attention” to the local real estate market “to ensure that it remains stable”. This is because “we must continue to enable young Singaporeans to own their homes and fulfil their…

Singapore government to ensure property market is in line with economic fundamentals

The Singapore government is monitoring the developments in the property market “very closely”, and will adjust policies if necessary, to maintain a stable and sustainable property market for Singaporeans, said MND Minister Desmond Lee. Speaking at BCA-Redas Built…

OrangeTee & Tie CEO thinks cooling measures unlikely; weighs in on HDB ‘lottery’ effect

Residential property prices in Singapore will probably go on a stable and gradual uptrend, instead of “shooting up”, due to a K-shaped economic recovery. That’s according to OrangeTee & Tie CEO Steven Tan, who does not expect the…

KKR looks to Singapore as key investment market for new US$1.7b Asia real estate fund

Investment firm KKR, which recently closed a US$1.7 billion fund, has set its sights on Singapore as one of the core markets for the fund which is targeting real estate investments in APAC. With the city-state on the…

Punggol housing block residents plagued by sanitary pad litterbug

Over the past few months, residents at a HDB block in Punggol Sapphire estate have grappled with high-rise litter in the form of used sanitary pads – strewn across the ground floor or even stuck to their window…

Man fined for cursing at NEA officer after being caught smoking in no-smoking zone

After being caught smoking in a no-smoking zone in Orchard Road, a man cursed at a NEA officer. Kenneth Tan Wei Liang, 31, was fined S$1,500 in court on Mon for using abusive words towards the officer at…

Installing CCTVs outside HDB flats is illegal, but more home owners are doing so, say merchants

Could you accept a neighbour monitoring your daily movements along the common corridor of an HDB block through the installation of a CCTV camera outside their home? That was a question posed on Jan 12 to the FB…

Public sector projects to drive bulk of construction sector’s recovery in 2021

Construction demand is expected to make a moderate recovery in 2021, largely supported by public sector demand, with a number of “major” infrastructure projects to be awarded this year, BCA said on Mon. BCA projected that S$23 billion…

Reckless plan to move Davos 2021 to Singapore must be abandoned

Here is a sincere suggestion concerning the WEF’s plan to transport its annual jamboree of self-regard from Davos to Singapore: do not do it. Not in 2021. Not with the pandemic raging again, at least a couple of…

Boustead Projects secures first green loan of $130 mil from UOB for Alice@Mediapolis

Boustead Projects announced on Jan 18, that it has secured its first green loan of some $130 million from UOB under the UOB Real Estate Sustainable Finance Framework. The green loan was extended to BP-Dojo LLP, Boustead Projects’…

These REITs could ride the market recovery

As financial markets continue to rebound from the impact of Covid-19, several S-REITs could ride on the recovery, according to analysts. Phillip Securities says its top picks are Manulife US REIT (MUST) and Ascendas REIT (A-REIT). The brokerage…

Some barbecue pits and camping sites to reopen on Wednesday

Barbecue pits and camping sites in parks here will reopen for use on Wed. Applications for permits restarted last Wed. As of 2pm on Fri, 14 camping permits and 29 barbecue pit permits have been issued, NParks said.…

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