Daily Archives: March 26, 2021 (39 Articles Found)

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Will Singaporeans be priced out of private property in the future?

EdgeProp reported earlier today that “word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer”. Commenting on this news on his FB…

HDB will not give larger loan amount based on buyer’s pre-Covid19 income

MND Minister has confirmed that the maximum loan amount granted to a flat buyer is derived based on flat buyers’ current income to provide flat buyers with a realistic indication of their housing budget, and to prevent them…

The plight of Dover Forest, and one secondary school teacher’s fight to save it

Though he’s wearing a threadbare military tee from his NS days, it’s hard to imagine Chua Chin Tat crawling through the mud with a semi-automatic weapon. He is calm and deliberate when he plods, heron-like, towards Dover Forest.…

Maid agency, food court in Tampines among places visited by Covid-19 cases while infectious

MOH on Fri added two more locations, including a maid agency and a food court, to a list of public places that had been visited by Covid-19 cases during their infectious period. It said that the infectious persons…

Corporate bookings take up less than 2% of facilities

We thank Ms Poonam Ishwar Dadlani for her feedback (Don’t allow private firms to block book slots for badminton courts, Mar 22). ActiveSG facilities cater to all members of the community and are also meant for the use…

Myanmar maid is Singapore’s first COVID-19 community case in 2 weeks; developed symptoms the day she started work

Singapore reported one locally transmitted COVID-19 case as of noon on Fri, the first of such infections in two weeks. The community case was among 12 new infections. The remaining cases were imported and were placed on stay-home…

Analysing the gap between new condos and household income (all 28 districts): Which are still affordable to Singaporeans?

There’s a list of “coffee shop complaints” that we hear all the time. A perennial favourite on the list is the issue of housing affordability, especially in the private market. Of late, there have been worries about a…

Guidelines to help local farms ensure clean and green produce

New guidelines to help local farms ensure the production of clean and green local produce were launched yesterday. They are meant to assure consumers that produce from local vegetable farms is fresh, free from synthetic pesticides, and grown…

Boy, 11, starts journey to net zero lifestyle

It is never too late – or early – to adopt a net zero lifestyle, which reduces or eliminates carbon emission that causes global warming. Joshua Goh, 11, was introduced to it last Dec through a chance meeting…

Retiree, 75, ordered to clear his secret garden in forest

For the past 10 years, it has been his secret hideaway, an oasis away from Singapore’s urban sprawl. What began as a small seating area tucked away in a forest in Choa Chu Kang soon became a gardening…

Wedding couples stick to plans for smaller receptions due to cost of pre-event Covid-19 test

Some couples who will be tying the knot after Apr 24 intend to keep their big day as a small affair, with no more than 100 attendees at their wedding, even though capacity limits will be relaxed by…

Jail for man who ran brothels in S’pore using mother’s HDB flat sale proceeds

Working with two others, Tan Yung Meng obtained rental units in residential areas across Singapore and sublet them to sex workers to use as makeshift brothels. Tan used the money his mother had earned from selling her Serangoon…

Government to introduce new laws against unfair retail leasing practices

The Government will be introducing fair tenancy laws involving the leasing of retail premises, and will be consulting with landlords and tenants in the next few months to work out details of the legislation. The new legislation will…

Singapore to invest S$25 million in marine climate change research

To address issues like rising sea levels and warmer sea surface temperatures, NParks will lead a new S$25 million research programme on marine climate change. It is among five initiatives announced on Fri to study urban sustainability. The…

MOM unveils onboarding centre for new migrant workers; COVID-19 jabs to begin at 30 dorms

MOM unveiled on Fri a one-stop centre in Punggol for new migrant workers to complete their stay-home notice, get the necessary medical examination as well as the support to settle in. Located at a quick build dormitory, the…

CIMB Singapore laying off employees, closing Orchard Road branch

CIMB Singapore will lay off employees and shut its branch in Orchard Road following a review of its business and resources. CIMB did not respond to CNA’s queries on how many employees were being let go and when…

Hougang MRT station on Cross Island Line to start construction in Q4

Construction works for Hougang MRT station on CRL are expected to start in the fourth quarter of this year, LTA said on Fri. The works comprise an interchange station and tunnels, as well as A&A works to the…

OKH Global promotes financial controller to CFO

OKH Global has promoted its group financial controller Ng Khay Wee to CFO. Ng has served as the group financial controller since Oct 2016. Ng, 35, is a chartered accountant of ISCA. Previously, he was a business development…

It’s our lifestyle: Sheng Siong’s Lim Hock Leng on why Singapore’s mighty supermarket has Covid-19 and e-commerce beat

It would be natural to assume that when a Chinese businessman approached the family behind Singapore supermarket chain Sheng Siong with a proposal for a JV in Yunnan province, China, it was because he had been impressed by…

Punggol and Sengkang home to the most HDB resale transactions in 2021 to-date

HDB resale flats in mature estates that are near top primary schools and shopping malls have been traditionally more popular. However, newer flats in non-mature estates like Sengkang and Punggol are also gaining popularity. Sengkang and Punggol are…

Outlook positive for 2021 property market

Trade recovery has returned to pre-pandemic levels, and the economy is entering into a new growth cycle, says Song Seng Wun, director of CIMB Private Banking at the webinar “Residential Market Outlook” on Mar 20, organised by EdgeProp…

Two Kampong Glam shophouses on sale for $11.55 mil

Two prime freehold shophouses at 33 and 35 Sultan Gate within the Kampong Glam conservation area have been put up for sale via EOI, with an indicative price of $11.55 million, revealed CBRE. This works out to around…

Mortgagee sale of three-bedder at Alba for $4.75 mil

A 1,905 sqft, three-bedroom apartment at Alba, located on Cairnhill Rise, has been put up for sale at $4.75 million ($2,493 psf) via private treaty. The property was put up for auction previously on Mar 4 at an…

First mortgagee sale of bungalow on Treasure Island priced from $12.9 mil

Some of the lustre that comes with owning a prime Sentosa Cove bungalow continues to attract a niche group of new homeowners, while the relative scarcity of these sea-facing bungalows continues to support their premium prices on the…

Sale of Regency Park unit rakes in $3.3 mil profit

The sale of a 3,649 sqft unit at Regency Park was the most profitable transaction over the week of Mar 9 to 16. The four-bedroom, 11th floor unit in one of the two tower blocks, was sold for…

CDL’s Irwell Hill Residences previews at prices from $2,500 psf

City Developments Ltd (CDL) will preview Irwell Hill Residences on Mar 27, with its launch slated for Apr 10. It comes hot on the heels of Midtown Modern’s launch the weekend before — Mar 19 to 21— where…

Upcoming launches in 2Q2021

The preview of Irwell Hill Residences will be followed by that of Grange 1866, a boutique 60-unit condominium (redevelopment of iliv@Grange) the next weekend. Prices are expected to start from $2,700 psf. Mark Yip, CEO of Huttons Asia,…

Three strata-titled units at GB Building up for sale

A portfolio of three strata commercial units at GB Building within CBD has been put up for sale via EOI, revealed Knight Frank. With strata areas ranging between 5,425 sqft and 13,067 sqft, the units for sale include…

Shaw cinema at Nex reopens, more than 6 months after ventilation duct collapse

More than six months after two people were injured when a ventilation duct collapsed at the Shaw Theatres outlet in Nex, the cinema has reopened. A Shaw Theatres spokesman told ST on Fri that the cinema had resumed…

New platform helps stakeholders collaborate on construction projects digitally in real time

Architects, engineers, contractors and fabricators can now tap a new integrated platform to collaborate digitally on their construction projects, reducing their reliance on paper-based processes. The Hubble platform, which allows all stakeholders in the construction value chain to…

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