Daily Archives: February 4, 2021 (25 Articles Found)

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Tesla nears final approval to sell its cars in Singapore, source says

Tesla cars could be on Singapore’s roads in as early as two weeks. The EV maker has received a pre-delivery inspection approval from LTA, according to a source who was at the inspection centre. This is one of…

HDB Feb 2021 BTO in-depth review: Kallang/Whampoa (McNair Heights)

Here’s 99.co’s detailed review of the Feb 2021 BTO at Kallang/Whampoa, McNair Heights. After a two-year hiatus, HDB is once again offering BTO units in the Kallang/Whampoa estates. The previous two launches held in 2019 saw massive over-subscriptions…

Singapore’s property market in 2021: Everything an investor should know

There is no arguing the fact that the COVID-19 crisis of 2020 hit all economies hard. Even real estate, a traditionally safe investment option, suffered from the pandemic and restrictions it imposed. However, while some property markets were…

Resale HDB can we expect Cash over Valuation (COV) to keep climbing for HBD flats?

Late last year, property agents already alerted us to the issue of rising COV in resale flat transactions. As of last week, news reports seem to affirm that COV is, indeed, creeping its way back into the market.…

Guocoland earnings for 1H21 drop 69% to $22.9 mil on higher tax expense and lower revenue

Guocoland Limited reported earnings of $22.9 million for the 1HFY2021 ended Dec, 69% lower than earnings of $74.5 million in 1HFY2020. Revenue for the half-year period stood 44% y-o-y lower at $319.6 million mainly due to lower progressive…

Golden Village cinema in Yishun, Northpoint City mall among places visited by Covid-19 cases while infectious

MOH added five more locations to a list of public places that had been visited by Covid-19 cases during their infectious period. On Thurs, MOH said that the infectious persons had visited Shivam Restaurant at 87 Syed Alwi…

After more than 30 years, The Substation will vacate Armenian Street premises in end-July

The Substation, Singapore’s first independent arts centre that has been a part of the country’s indie arts scene, will be vacating its premises along Armenian St in July as NAC takes back the space for renovation works. For…

22 imported Covid-19 infections in Singapore; Feb 3 community case reclassified as imported

MOH has reclassified the sole community case reported on Wed as an imported infection after the woman’s serology test came back positive. This indicates a “likely past infection”, MOH said. The 35-year-old woman — an Indian national who…

Chinese New Year street light-up in Chinatown will be turned off for 4 days to reduce crowding

The CNY street light-up will not be turned on for four days as part of additional measures to better space out crowds in Chinatown, said MSE) on Fri. It said the light-up along South Bridge Road, New Bridge…

Linggiu Reservoir, Singapore’s main water source in Malaysia, back at healthy levels for first time since 2016

Recent rain has replenished Singapore’s main water source in Malaysia, with the Linggiu Reservoir in Johor now full, said PM Lee on Thurs. This is the first time water levels have recovered to healthy levels following a dry…

BTO flats in Queenstown, Jurong East to go on sale for first time in a decade in August

For the first time in almost a decade, some 610 BTO flats in Queenstown, Singapore’s oldest town and one of the most sought-after mature housing estates, will be launched for sale. Another 560 BTO flats will also be…

Taste the ‘pasar malam’ life without the night market in Jurong East

A Singaporean woman who used to sell food at local night markets has brought those pasar malam vibes to a store in Jurong. Named Pasar Malam Corner for the Malay term for night market, the Jurong East shop…

Enforcement on smoking in prohibited HDB areas more than doubled in 2020

The number of enforcement actions taken against smoking in prohibited areas in HDB estates had more than doubled in 2020 when compared to the figure in 2019. On Thurs, NEA said it issued 1,090 tickets last year for…

Construction of Jurong East Integrated Transport Hub to commence in Q2

Construction of the Jurong East integrated transport hub is due to begin in the second quarter of this year, said LTA on Thurs. The works are slated to be completed by around 2027. “With its opening, commuters in…

Conserving water needs to become a ‘daily way of life’ in Singapore: PM Lee

Conserving water should be a “daily way of life” for people in Singapore with climate change making reliable water supply harder to come by, said PM Lee on Thurs. Speaking at the official opening of the Keppel East…

New centre focused on decarbonisation, digitalisation of Southeast Asia’s maritime sector set up in Singapore

A new centre focusing on the digitalisation and decarbonisation of SEA’s maritime sector has been set up in Singapore by classification body DNV GL. Supported by EDB, the Maritime Decarbonisation and Autonomy Centre of Excellence will focus on…

In pushing for climate policy, Louis Ng recognises need for trade-offs and to cushion impact on businesses

Following a marathon six-hour debate on a landmark motion in Parliament on Mon, MP Louis Ng in his interview on The Climate Conversations the next morning, admitted to having had a tiring day. He said Mon’s debate was…

HDB launches 3,740 BTO flats in 7 projects including first community care apartments for seniors

In its first sales exercise of the year, HDB on Thurs launched 3,740 BTO flats for sale, including the first community care apartments (CCAs) for seniors. The flats on offer are spread across seven housing projects in the…

Singapore’s CBD will never be the same again

Singapore’s office market, with its roughly 8 million sqm of completed space, is under stress. Islandwide office vacancy rate dipped for the second consecutive quarter to 11.8 per cent in the fourth quarter of 2020. Office space net…

Spike in property agent commissions may draw greater scrutiny given its wider impact

Singapore’s physical property market has been resilient, but this has not been reflected in the share prices of the listed developers. Shares of CapitaLand and City Developments, two of the largest local players, have declined nearly 10 per…

Singapore’s green plan for the future

Parliament has declared climate change to be an issue of significant concern. Members debated and agreed on a motion this week which states that climate change is a global emergency and a threat to mankind, and called on…

Retain and include existing green spaces in new estates

I agree wholeheartedly with Holland-Bukit Timah GRC MP Christopher de Souza when he urged the authorities to “think long and hard before making irreversible decisions”. He had identified in Parliament several vacant sites for public housing instead of…

Do more to promote vegetable growing and solar power

MSE Minister Grace Fu told Parliament that the Government intends to partner the people of Singapore to accelerate efforts to mitigate climate change. I have two suggestions on how this can be done. First, many of us are…

Pool water tested five times a day to ensure safety

We thank Mr Vasudivan Sunappan for observing and advocating good pool hygiene practices at ActiveSG swimming pools (Enforce hygiene rules at pool complexes, Jan 29). We provide a number of outdoor shower faucets located next to our pools…

Quarantine period lengthened and I was asked to share a room

I tested positive for Covid-19 on my return to Singapore on Jan 17. My symptoms were minimal, and I was admitted to NCID for two weeks of observation. On the 13th day, when I had almost completed my…

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