Daily Archives: February 10, 2021 (36 Articles Found)

Nine Joo Chiat Place shophouses on sale for $33.9mil

PropertyGuru

First time landlords take note: Here’s how much you need to save before buying a rental property

Stacked Homes

Fire breaks out at Sunville condo near Bendemeer

Govt suspends, fines 11 eateries for flouting Covid-19 rules; Banana Leaf Apolo to be charged in court

NAC says it has regularly engaged The Substation on move; upgrading to preserve building’s structural integrity

Sharp rise in single-person households, accounting for 1 in 8 HDB homes in 2018: Survey

Here’s what life could look like when the new Green Plan is realised in 2030

Green Plan seeks to create new jobs, make use of sustainability as ‘competitive advantage’ for Singapore

Growing preference among elderly residents to ‘age in place’: HDB survey

More HDB households but average size shrank, with fewer multi-generational families living together

Singapore Green Plan 2030: 50% more land for nature parks, cut landfill waste by 30%, longer rail network

Refill your boiler at Tanjong Pagar’s new railway-themed steampunk bar

Long queues at Lim Chee Guan after it opens stores for walk-ins

The New Paper

Wuhan’s Chinese-language bookstore opens in Singapore

Inside Retail

Bigger BTO flats in Bidadari, Kallang/Whampoa draw most interest; assisted living flats four times oversubscribed

S’pore residents living in smaller HDB flats more likely to have aspirations for better housing

More condo and HDB units leased in January as rents rise: SRX

Genting Singapore suffers 90% profit loss in 2020

Green practices to help Singapore in post-pandemic environment: OCBC

Mapletree Logistics Trust secures $200m green loan from OCBC

No festive bump for Singapore restaurants over Lunar New Year

Singapore restaurant owners face a gloomy Lunar New Year, with Covid-related interruptions signalling that even countries with a good handle on cases will suffer until the pandemic is under control globally. A labor-supply crunch in the F&B sector…

Bloomberg

En bloc deals may be back in play as developers run down landbanks

Over half the developers here are keen to replenish their landbank, with the en bloc market likely to garner more interest in the first half of this year, according to a survey. However, smaller residential sites yielding 100…

The Business Times

Former Sincere Watch boss Tay Liam Wee joins owners cashing in on active GCB market

Singapore’s Good Class Bungalow (GCB) market continues to be on a roll. Among the latest deals is a bungalow in Binjai Park that is in the early stage of being sold for S$31.35 million; this works out to…

The Business Times

New programme will help SMEs go green, capture business opportunities in sustainability: Grace Fu

A new initiative will help SMEs adopt sustainable practices and capture opportunities in the green economy. The scheme was announced on Wed by MSE Minister Grace Fu, who added that more details will be announced soon. Earlier on…

Enforcement of Covid-19 measures will be stepped up at attractions in S’pore over CNY weekend

Singapore Tourism Board will deploy more safe distancing ambassadors (SDAs) and enforcement officers (EOs) to ensure that safe mgmt measures are complied with at tourism businesses this CNY. Operating capacity for attractions in Singapore remains capped at 65…

Some restaurants penalised for breaching Covid-19 measures say they were unaware of offences

Several of the 12 restaurants which were penalised for breaching Covid-19 measures during stepped-up enforcements last week claimed on Wed that the measures were unclear, or they were unaware of their offences. Mr Mohammed Yusoff Hussein, manager of…

Domestic helpers at Thomson Rd condo forbidden from using facilities, non-complying residents may face ‘period ban’

Sustaining domestic helpers in Singapore is often a matter of great discussion in most households. After all, they are a crucial part of our lives, helping us live in a more structured and organised manner. And while they…

AsiaOne

Nine Joo Chiat Place shophouses on sale for $33.9mil

A row of nine conservation shophouses located at 30 to 46 Joo Chiat Place is up for sale via EOI with an indicative price of $33.9 million or around $2,422 psf on the land area, revealed Huttons Asia…

PropertyGuru

First time landlords take note: Here’s how much you need to save before buying a rental property

So your MOP is finally up, and you’re ready to plunge into an investment property; or maybe you’ve got your eye on a well-located one-bedder in town. The first rental property is arguably the most important – often,…

Stacked Homes

Fire breaks out at Sunville condo near Bendemeer

About 100 people self-evacuated from a condominium near Bendemeer after a fire broke out there on Wed evening SCDF said that it was alerted to the fire at 22 St Michael’s Road at about 7pm. That is the…

Govt suspends, fines 11 eateries for flouting Covid-19 rules; Banana Leaf Apolo to be charged in court

With the authorities toughening their inspection regime to rein in Covid-19 breaches in the run-up to CNY, six F&B outlets have been ordered to close temporarily, while five others were fined. Another eatery, Indian restaurant Banana Leaf Apolo…

NAC says it has regularly engaged The Substation on move; upgrading to preserve building’s structural integrity

The Substation has been funded by NAC since 1990. It has been a tenant at 45 Armenian St under the NAC Arts Housing Scheme on a yearly renewable lease. The scheme was introduced in 1985 to provide affordable…

Sharp rise in single-person households, accounting for 1 in 8 HDB homes in 2018: Survey

Single-person households living in HDB flats are becoming far more common as a result of Singapore’s ageing population and a rule change in 2013 that allowed singles aged 35 and above to buy new two-room flats. This group…

Here’s what life could look like when the new Green Plan is realised in 2030

When you wake up in the morning to get ready for work, you switch off the solar-powered fan in your bedroom and head to the shower. Standing under newly replaced shower fittings that lighten the utilities bill, you…

Green Plan seeks to create new jobs, make use of sustainability as ‘competitive advantage’ for Singapore

A green economy which will seek to create new jobs, transform local industries, and harness sustainability as a competitive advantage, will be part of Singapore’s push for sustainable development. Named as one of the five key pillars in…

Growing preference among elderly residents to ‘age in place’: HDB survey

More elderly residents of HDB flats hope to stay put and grow older in their existing homes, according to the findings of an HDB survey released on Wed. The survey found that 86 per cent of elderly residents…

More HDB households but average size shrank, with fewer multi-generational families living together

The number of HDB households has risen steadily over the years, with more than 1 million occupied flats in 2018. The average household size, however, shrank from 3.4 people in 2008 to 3.1 in 2018, as the proportion…

Singapore’s game plan to court more billionaires to come here is paying off

Singapore is a magnet for millionaires. The ninth richest person in the world, Sergey Brin, with an estimated net worth of US$88.1 billion, is the latest in a growing band of high-profile billionaires to have opened a family…

Rethinking urban planning in the wake of Covid-19

Over the last two decades, the world has seen up to five pandemics. The advent of Covid-19, one of the biggest public health crises of all time, has also forced us to reconsider deeply held beliefs about good…

COVID-19: Singapore confirms 15 new cases, 1 in dormitory

MOH confirmed 15 new COVID-19 cases in Singapore on Wed, taking the country’s total case count to 59,747. There is one new case of locally-transmitted infection, who resides in a dormitory. In addition, there are 14 imported cases,…

Singapore Green Plan 2030: 50% more land for nature parks, cut landfill waste by 30%, longer rail network

The government on Wed launched the Singapore Green Plan 2030 with a wide range of ambitious goals across five pillars to advance the national agenda on sustainable development. Among some of the 2030 goals under the Plan are…

Refill your boiler at Tanjong Pagar’s new railway-themed steampunk bar

There’s always room for another watering hole in the already intoxicated Tanjong Pagar district, which we all know was once a railway nexus connecting Singapore to Malaysia. Take that inspiration and couple it with steam-powered, retro-futurist fantasy –…

Long queues at Lim Chee Guan after it opens stores for walk-ins

Long queues formed outside Lim Chee Guan’s Chinatown and Jewel Changi Airport outlets on Tues morning as shoppers rushed to do some last-minute shopping for bak kwa. Some joined the queues as early as 8am, although the outlets…

The New Paper

Wuhan’s Chinese-language bookstore opens in Singapore

Wuhan’s famous The Zall Bookstore has opened Singapore’s first outlet on Orchard Road. Located at the Wheelock Place mall, the store spans two stories, featuring more than 30,000 books, most of which are in Chinese. The Zall Bookstore…

Inside Retail

Bigger BTO flats in Bidadari, Kallang/Whampoa draw most interest; assisted living flats four times oversubscribed

Bigger flats in Kallang/Whampoa and Bidadari proved to be the most popular among home seekers in HDBs first sales exercise of the year that concluded on Wed. Seniors wanting to live in Singapore’s first assisted living public housing…

S’pore residents living in smaller HDB flats more likely to have aspirations for better housing

Singapore residents who live in smaller HDB flats are more likely to have aspirations for better housing, as compared to those who live in five-room or executive flats. Such aspirations to have a bigger flat, to live in…

More condo and HDB units leased in January as rents rise: SRX

The climb out of the pandemic-induced rut appears to be on track with rental volume for both HoHDB flats and condominium units recording another month of increases in Jan this year. Condo rentals rose 11.3 per cent last…

Genting Singapore suffers 90% profit loss in 2020

Genting Singapore has suffered a 90% profit loss, with only a net profit of $69.2m for FY ended 31 Dec compared with $688.6m a year before. Revenue for FY ended 31 Dec 2020 fell by 57% from $2.48b…

Green practices to help Singapore in post-pandemic environment: OCBC

Singapore’s Budget 2021 should focus on pushing to ingrain green practices as these will ensure a sustainable recovery in a post-pandemic world, OCBC noted in its SG 2021 Budget Preview. OCBC explained that green practices—such as reducing unnecessary…

Mapletree Logistics Trust secures $200m green loan from OCBC

Logistic space provider Mapletree Logistics Trust has secured a $200m green revolving credit facility from OCBC. The company will use the money to finance the working capital requirements in line with the eligibility criteria of MLT’s newly established…