Daily Archives: February 5, 2021 (37 Articles Found)

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Hawker culture on UNESCO’s Heritage List means nothing if no one takes over

“We’re a new breed of hawkers armed with fresh ideas, but still rooted by the past.” Caught between the old ways and new techniques, young hawkers face an uphill task of changing Singaporeans’ set notions of what defines…

Dover Forest isn’t just another little patch of woodland

There has been an almighty effort by NSS and fellow nature lovers of Singapore to protect Dover Forest from being converted to residential use. The Government has responded with a public consultation exercise and a parliamentary hearing –…

Go green over red packets

While traditions such as CNY are cherished, should it be at the expense of leaving an inhospitable Earth for future generations, or endangering the health of the community, and, by extension, loved ones? MAS and ABS last month…

White Sands in Pasir Ris, Sun Plaza in Sembawang among malls visited by Covid-19 cases while infectious

Five more locations were added to a list of public places here that had been visited by Covid-19 cases during their infectious period. On Fri, MOH said that the infectious persons had visited Northpoint City mall in Yishun…

10 receive EcoFriend Awards for doing their part in environment sustainability

To spur the youth to talk constructively about climate change and help them understand the global developments on this front, Ms Melissa Low has been organising training workshops on such negotiations since 2018. The workshops include mock climate…

All BTO flats in Kallang/Whampoa, Bidadari and assisted living flats oversubscribed one day after launch

All BTO flats in the mature estates of Kallang/Whampoa and Toa Payoh (Bidadari) have been oversubscribed just one day into their one-week launch for sale. Seniors wanting to live in Singapore’s first assisted living public housing in Bukit…

‘Hold’ OUE Commercial REIT on mixed performance, divestment: Analysts

CGS-CIMB analysts Lock Mun Yee and Eing Kar Mei have maintained their “hold” call on OUE Commercial REIT (OUE C-REIT) on a mixed performance from the REIT. OUE C-REIT reported DPU of 1.43 cents for the 2HFY2020 ended…

Frasers Property reports significantly lower operating performance for hospitality portfolio, sees strong industrial and logistics leasing activity

In its business update for the 1QFY2021 ended Dec, Frasers Property Limited (FPL) has reported lower RevPAR across its hospitality properties globally. FPL’s investment properties in Singapore have remained resilient with healthy retail and commercial portfolio metrics. For…

5 common scenarios in a divorce settlement: How your property will be divided

Sometimes, despite our best efforts, marriages go wrong. In an ideal scenario, everyone involved parts ways amicably. Realistically, the division of assets gets messy; and the most serious complication typically involves the home we stay in. Most Singaporean…

Behind The Place Holdings’ share-price bull run

The share trading activity of Singapore-listed investment holding company, The Place Holdings, may not have reached the scale of US video-game retailer GameStop. However, a 1.5-cent or 14.7% surge in The Place Holdings’ share price to 11.7 cents…

House buying activity in the Year of the Ox

Singapore’s housing market has started 2021 on a bullish streak. Based on the Property Ownership Aspirations Survey 2020–2021, conducted jointly by EdgeProp and IREUS at NUS, 53% of respondents have indicated that they are looking to buy a…

Seller of Maple Woods unit reaps $2.63 mil profit

The top gain of $2.63 million during the week of Jan 19 to 26 was from the sale of a unit at Maple Woods. The 2,917 sqft unit on the sixth floor was bought for $2.37 million ($812…

Collection of five penthouses at Marina Bay Residences for $138 mil

A portfolio of five penthouses spanning the 50th to 55th floors of Marina Bay Residences has been put on the market at a price tag of $138 million. The penthouses are to be sold as a collection, says…

Mortgagee sale of three-bedder at Lakeville for $1.65 mil

A three-bedroom apartment at Lakeville measuring 1,281 sqft is now available for sale at a guide price of $1.65 million ($1,288 psf). A bank sale, the unit will be offered at Edmund Tie’s in-person auction on Feb 24.…

Singapore renewable energy finance firm Positive Energy scales back as Covid stymies investment

Singapore-based renewable energy financing company Positive Energy has scaled back operations after enduring a difficult year impacted by the Covid-19 pandemic. Positive Energy is a digital platform that connects renewable energy projects to investors and aims to simplify…

SportSG considering stricter penalties for those who on-sell booking slots of its facilities

SportSG is considering to impose stricter penalties against ActiveSG members who on-sell online bookings of the sports governing body’s facilities for profit. On Fri, it said that penalties could include increasing suspensions and permanently barring the members and…

25 new COVID cases in Singapore, including 1 community, 1 in dorm

MOH confirmed 25 new COVID-19 cases in Singapore as of Fri, taking the country’s total case count to 59,629. There are two new cases of locally-transmitted infection, one from the community and one from a dormitory. The remaining…

10 charged for breaching COVID-19 measures on yacht off Lazarus Island

Ten individuals who were allegedly found aboard a yacht off Lazarus Island on 26 Dec last year were charged in court on Fri for breaching COVID-19 measures. The 10 are Mark Alexander Bellamy, 29; Annabelle Morgan Duke, 26;…

11 under investigation for illegal gambling, breaching safe distancing measures in residential unit

SPF is investigating eleven women suspected of breaching safe distancing measures while illegally gambling in a residential unit along Teban Gardens Road on Thurs afternoon. The police raided the unit at about 4.30pm and found the women gambling…

Leaving behind trays, food debris at hawker centres could expose others to diseases: Health experts

What happens when you leave behind your trays, utensils and food debris at hawker centres instead of returning them to the designated points? Most people think of the mess left behind and the inconvenience to other diners, but…

Power-assisted bicycle fires double in 2020 even as overall fire incidents dip: SCDF

The number of PAB-related fires doubled in 2020, SCDF said on Fri in what it called an “area of concern”. There were 26 PAB-related fires in 2020, up from 13 the year before, annual statistics released by SCDF…

Sengkang-Punggol LRT to get 17 new two-car trains to boost capacity

The Sengkang-Punggol LRT network will get 17 new two-car trains, doubling the number of such trains in its fleet. The new trains, which will be delivered progressively from 2024 to 2027, will help to meet long-term public transport…

Goldbell Group confirms BlueSG acquisition, to invest more than S$70 million over next 5 years

Singapore-based Goldbell Group on Fri confirmed plans to acquire electric-car sharing firm BlueSG, saying it will invest more than S$70 million into expanding the firm’s business and technical capabilities over the next five years. Goldbell said it expects…

Innovations on the rise in the retail market

The rise of e-commerce has become more prominent amidst the rapidly changing consumer trends and retail experience. CCCS has observed that e-commerce platforms generally start off as a player in a single market segment, and incrementally expand into…

Shophouse market continues to soar in 2021: report

The shophouse market will be vibrant in 2021 despite a dip in market activity in H1 2020 due to the pandemic. According to a report by Knight Frank, the total shophouse transaction value may have decreased by 3.8%…

Keppel Infrastructure, PUB open Singapore’s fourth desalination plant

Singapore has opened its fourth desalination plant, the Keppel Marina East Desalination Plant (KMEDP), under the partnership of Keppel Infrastructure and PUB. KMEDP is Singapore’s first large-scale, dual-mode desalination plant and is capable of producing 137,000 cubic metres…

Chinatown displays mix up Chinese New Year greetings

Chinatown’s festivals and their decorations can’t seem to catch a break from controversy. Some might recall a careless mistake on a signboard at the Garden Bridge for 2019’s Lunar New Year, or how Mid-Autumn Festival ornaments were taken…

Pavement to nowhere at Pasir Ris park to be rectified

An error in the routing of a footpath at the Brontosaurus Park will be rectified, said Pasir Ris-Punggol Town Council on Wed. Stomp contributor Tan noticed that the footpath at the park, located at Pasir Ris St 71,…

Towards a city-state of infinite possibilities

The maxim “opportunities in a crisis” has often been used in the context of the pandemic. It might be applied to Singapore’s Budget 2021, albeit with one small twist: The Budget will also need to address opportunities beyond…

F&B, retail firms hope for continued government support this year

With the waning of government support measures that kept many local companies afloat over the past year, firms in the retail and F&B sector are bracing for things to get tougher before they get better in 2021. Companies…

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