Daily Archives: March 22, 2021 (27 Articles Found)

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Five-storey commercial shophouse at 32 Hongkong Street for sale at $8.5 mil

A five-storey commercial shophouse at 32 Hongkong St is now on the market at a guide price of $8.5 million, excluding the premium payable for lease renewal, which is subject to the approval of authorities. The guide price…

Analysing unprofitable condos: 3 reasons why Stellar RV has performed poorly

You might have read our recent article on the 13 condos with the most unprofitable transactions. In the first 2 days it racked up nearly 50,000 page views – a sure sign if ever that there needs to…

Sadly, farming games can never match up to real life farming

For most of us, life often goes something like this: work, eat, sleep, repeat. In this game of life, unfortunately, much of our time is dedicated to the pursuit of money. Increasingly though, people are seeking meaningful and…

Man stuck in drain, with water up to his chest, at hiking trail along BKE rescued by SCDF officers

A man was found stuck in a drain – with water up to his chest – at a hiking trail along the BKE near Mandai Road on Sun. He was later pulled out by officers from the DART…

Restoring conserved truss bridges along Singapore’s rail corridor to their former glory

Since its reopening late last year after about two years of restoration work, the Bukit Timah Truss Bridge along the Rail Corridor has become a popular photo stop for hikers and cyclists alike. Another truss bridge, the Upper…

Is it time for Sabana Reit to be euthanised?

The dissident minority unitholders of Sabana Reit that voted down its proposed merger with ESR-Reit more than three months ago are now threatening to withhold their endorsement of two new independent directors at the coming AGM. Quarz Capital…

Sing Holdings adopts back to basics strategy

Sing Holdings used to develop high-end Singapore residential projects such as 38 Draycott Drive, The Laurels along Cairnhill Road and Robin Residences in Bukit Timah. These days, however, it is focusing on mass-market private condos and ECs. Explaining…

CapitaLand shareholders to hold shares in new investment and lodging entity

Capitaland’s shareholders are set to hold shares in CapitaLand Investment mgmt (CLIM), which is to be listed on SGX by way of introduction, while the group’s real estate development business will be privatised. CLIM will own the investment…

Reducing household water consumption starts with the toilet bowl

Ask strangers on the street how much water they think a person uses per day at home, and the answers will range from 2 litres to 50 litres. The answer that most people never got to: More than…

CapitaLand to separate real estate development and fund management units

CapitaLand, majority-owned by Singapore state investor Temasek, announced on Mon plans to split itself into two in a strategy aimed at pursuing growth as an asset-light company. It is proposing to inject its REITs and investment mgmt unit…

Selected Caltex stations to offer fast electric vehicle charging

Four Caltex service stations will soon offer fast charging for EVs, in a partnership between SP Group and Chevron Singapore. The four stations – at 3700 Yishun Ring Road, 78 Changi Road, 100 Jurong West Ave 1 and…

Improved 4km Rail Corridor trail between Hillview and Bukit Timah reopens to public

The central section of the Rail Corridor, between Hillview and the conserved Bukit Timah Railway Station, was officially reopened to the public on Mon, more than two years after enhancement work started in early 2019. The features along…

Driver, 62, rams into 5 motorcycles, crashes into pillar at HDB void deck in Hougang

A 62-year-old driver lost control of his vehicle at a HDB car park in Hougang, ramming into five stationary motorcycles before crashing into a void deck pillar on Sun morning. SPF said on Mon that they were alerted…

Police investigating 83 people for allegedly flouting Covid-19 safe-distancing rules to sing, drink and socialise

More than 80 people are under investigation for allegedly flouting Covid-19 safe-distancing regulations to sing, drink or socialise in four separate incidents in the past month. SPF said on Mon that 46 men and 37 women, aged 20…

SCDF rescues girl trapped on top of playground structure at Pasir Ris Park

A girl found herself stuck after climbing to the top of a playground structure at Pasir Ris Park on Sat evening. In a video clip circulating on social media, she was seen sitting on the roof of the…

Bukit Merah residents raise a stink after finding balls of poop thrown outside their windows

Residents living on the lower levels of an HDB block along Jalan Klinik found several foul-smelling ‘mystery parcels’ outside their windows over the past three months, only to realise they were actually wrapped balls of faecal matter. A…

The Orange Ballroom closed for 20 days for hosting couple’s wedding receptions with 275 people

Wedding venue The Orange Ballroom was ordered on Mon to close for 20 days for “egregious breaches” of the COVID-19 safe mgmt measures for allowing a couple to host three wedding receptions involving 275 people, said SLA. Under…

CapitaLand pushes ahead with its global drive for sustainability

In an exclusive interview with Real Estate Asia, CapitaLand Group’s CSO Lynette Leong who is responsible for elevating the company’s sustainability strategy and policies, discussed CapitaLand’s 2030 Sustainability Master Plan, its sustainability initiatives, and how the company is…

Singapore growing ‘green node’ for Asia’s sustainability efforts: DPM Heng

Singapore is growing a green node for sustainability efforts in Asia and can be a marketplace for carbon credits, says DPM Heng. Speaking at the 24th Credit Suisse Asian Investment Conference, he outlined Singapore’s status and potential as…

55 Neil road conservation shophouse for sale from $6.07 mil

A two-storey shophouse with attic at 55 Neil Road has been put on the market exclusively by Knight Frank. Located between the junctions of Teck Lim Road and Kreta Ayer Road, it has a built-up area of 2,530…

Seven strata retail units at Orchard for sale at $18.8 mil

A portfolio of seven prime strata retail units across four landmark shopping malls along Orchard Road have been put on the market by JLL. The total guide price for the entire portfolio is $18.8 million. Individual units range…

Midtown Modern sees 61% of units sold over launch weekend

The sales launch of Midtown Modern, GuocoLand’s 558-unit condominium, saw 340 units sold between Mar 19 to 21. This is 61% of the total number of units in the 99-year leasehold condo on Tan Quee Lan Street in…

Singapore’s Jurong Port completes purchase of Lim family’s stake in Universal Terminal

Singapore port operator Jurong Port has completed its acquisition of a stake in a major oil storage terminal in the city-state from the family behind collapsed oil trader Hin Leong Trading, a port spokesman said on Sat. The…

Don’t allow private firms to block book slots for badminton courts

It is well known that the badminton courts under ActiveSG are in high demand, and there are many people who want to play but cannot secure court bookings as the demand for courts exceeds supply, and the booking…

Limits to using data and AI to boost food security

I refer to the Opinion piece “How AI can strengthen food resilience” (Mar 17). While I appreciate that AI can help to strengthen Singapore’s food resilience, I am disappointed that the authors did not also provide its limitations,…

Relocate designated smoking zone to less crowded area

As society pays more attention to health, second-hand smoke is a growing concern. Smoking corners are typically found in coffee shops and beside shopping malls. These places are meant to separate smokers from the public, to prevent second-hand…

Enforce no-pets rule at restaurant or remove the sign

I was at McDonald’s Marine Cove in East Coast Park a couple of Sat afternoons ago. I noticed that there was a sign posted at the outdoor seating area, forbidding pets to be brought into the restaurant premises.…

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