Daily Archives: April 28, 2021 (41 Articles Found)

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HDB May 2021 BTO in-depth review: Bukit Merah

The upcoming May 2021 BTO will see 3,870 units being offered, in four projects across two mature and two non-mature estates. One of the BTO projects at a mature estate will be at Bukit Merah with only 170…

Standard Chartered considers slashing Singapore office space

Standard Chartered is weighing options to downsize its office space in what could become the biggest floor cuts by a bank in Singapore in recent years, according to people familiar with the matter. The London-based bank is weighing…

17 street artists add more colour to Kampong Glam with Graffiti Hall of Fame

The already colourful arts and culture enclave Kampong Glam has a new landmark – two stretches of street art that span nearly 240m, lining Ophir Road and Bali Lane. Featuring Japanese folklore elements, time portals and larger-than-life pigeons,…

AIA Singapore pledges $5 million to plant 16,666 trees over next five years

Insurer AIA Singapore has pledged $5 million to plant 16,666 trees over the next five years in local parks and nature reserves, in support of the OneMillionTrees movement. The movement is a NParks initiative that aims to plant…

3 community cases among 23 new COVID-19 infections in Singapore, including ICA officer and TTSH nurse

Three community cases were among 23 new COVID-19 infections reported in Singapore on Wed. A nurse deployed at a general ward in TTSH is among the three unlinked community cases. She tested positive for COVID-19 infection on Apr…

What can be done about inconsiderate parking in Singapore?

Cars parked straddling two parking spaces, occupying motorcycle lots, and blocking other vehicles – Singapore is apparently chock full of motorists who are unable to park properly. Or at least, that is how it appears on social media.…

Sembawang Shopping Centre, shop in Joo Chiat Complex among places visited by Covid-19 cases while infectious

MOH on Wed added more locations — among them Joo Chiat Complex in Geylang as well as Sembawang Shopping Centre — to a list of public places that had been visited by Covid-19 cases during their infectious period.…

Some quarantined Westlite Woodlands dorm residents fear missing second vaccine dose; MOM says jabs will be rebooked

Some foreign workers placed in quarantine after a Covid-19 outbreak at Westlite Woodlands dormitory said they fear they might miss out on a second dose of their vaccination as a result. However, MOM has said they will get…

Rethinking minimarts in the age of Covid-19

The Covid-19 pandemic has affected every business in Singapore, and minimarts are no exception. While the initial panic buying contributed to a spike in sales, retailers had to grapple with a shortage of supplies, more stringent social distancing…

Solar shines as Singapore’s energy alternative; international collaboration is key

To build a sustainable energy future, Singapore plans to harness natural gas, solar energy, regional power grids and low-carbon alternatives to transform how energy is produced, transported and used. Speaking at SIEW 2021 global launch event, Richard Lim,…

What Suntec Reit’s numbers say about risks in the office segment

This same time last year, most office towers fell to a hush. Gone were the harried clips of heeled shoes and Oxfords bouncing off the walls of large office lobbies. That silent hum came as safe-distance measures brought…

Office rents could bottom out by end-2021 amid uneven property segment recovery: report

Office rents in Singapore could bottom out by the end of this year, on expectations of recovery in the office sector, said a latest report by Edmund Tie on Wed. With Singapore being an attractive base in the…

LHN buys hotel property at 115 Geylang Road

LHN Limited has bought a 30-unit property at 115 Geylang Road for S$13.5 million, the company said on Wed. It made the purchase through its indirect wholly-owned subsidiary Emerald Properties, funding the S$675,000 deposit through internal sources. The…

Ikea opens new store in Jem, focuses on e-commerce

Ikea has taken 16 years to set up its third store in Singapore. Launching on Apr 29, the store spans 6,500 sqm across three levels in Jem mall. Customers can draw inspiration from over 12 room settings, with…

Starhill Global REIT is heading towards a recovery

CGS-CIMB Research continues to rate Starhill Global REIT (SGREIT) “add”. This came on the back of the REIT announcing its 3QFY2021 ended Mar business update, which saw revenue drop 0.6% y-o-y to $46.4 million, while NPI was 0.6%…

Memiontec secures $21.7 mil contract for PUB’s Deep Tunnel Sewerage System Phase 2 Project

Memiontec Pte Ltd, the subsidiary of Memiontec Holdings, has won a tender for a $21.7 million contract by PUB. The contract will see the provision of Total Solutions Engineering, Procurement and Construction services for the Odour Control and…

ESR-REIT divests Serangoon and Toh Guan Road properties for $53 mil

The manager of ESR-REIT says it has entered into put and call options to divest its properties on 11 Serangoon North Ave 5 and 3C Toh Guan Road for a total consideration of $53 million. The property in…

Freehold residential project at Evelyn Road to launch in January 2022

Singapore developer Victory Land will be launching a freehold residential project at 1C Evelyn Road at a guide price of $2,600 psf by Jan next year. The project will yield 25 apartments with a minimum average size of…

Colliers makes key appointments in Asia

Colliers has expanded its team with key appointments in Singapore, Hong Kong and Japan. In Singapore, Lynus Pook has been appointed senior director, regional industrial advisory, Asia. With over 15 years of property experience, Pook is tasked with…

Taiwanese YouTuber in hot water for cooking chicken wings at Sembawang Hot Spring Park

Sembawang Hot Spring Park is known for therapeutic foot baths and cooking hard or soft-boiled eggs. However, some visitors have used the water in more controversial ways. YouTuber Angel Hsu posted a video that featured her cooking chicken…

Why The Lentor and Tampines GLS sites are the ones to watch this year

1) The Lentor Central GLS sites – Is located close to Florissa Park and Lentor Drive. We’re surprised to see this plot given a GPR of 3.5, as this area has long been regarded as a landed enclave.…

The flag of my childhood: An ode to Serangoon Avenue 3

One day, it occurred to me: my childhood is disappearing. I was standing in line waiting for food at the wet market in Commonwealth Crescent where Two Chefs is located—kopi-c in one hand, cigarette in the other; admiring…

Woman behind racist videos had YouTube channel removed, property firm terminated ‘associate’

The woman at the centre of a police investigation for making allegedly racist remarks in her YouTube videos has had her channel on the video platform and employment terminated. Tan Beow Hiong’s channel, uploaded by user “Beow Tan”,…

Iko brings all-out modern Japanese dining to Neil Road

A contemporary restaurant with a fresh take on Japanese dining has opened at food haven Tanjong Pagar. Iko Restaurant and Bar has brought its version of Japanese cuisine to Neil Road with six categories of food including chargrilled…

Crunchtime for cash at Singapore’s famed hawker food stalls

Singapore officials trying to digitize the economy are targeting a tricky group of holdouts: elderly vendors who run the country’s famed hawker stalls. Most of these stalls have been cash-only businesses though, and that’s part of the challenge…

New retailers join lineup at Marina Bay Sands

The Shoppes at MBS in Singapore has expanded its tenant portfolio with a raft of new stores and restaurants coming. One of the latest tenants joining the mall is French beauty brand Sisley Paris, which has opened its…

Floating solar farms may do more harm to environment than good

A typical solar panel, assuming 15 per cent efficiency, produces about 900 Wh of electricity psm per day. The same solar panel will absorb, on average, about 1,800Wh psm of heat energy from the sun per day. This…

Repurpose Old Changi Hospital by setting up wellness village for seniors

SLA and URA have called on the public to propose a plan to repurpose Old Changi Hospital and I have a proposal to put forth here. Issues concerning the welfare and health needs of elderly Singaporeans need to…

Expand permitted areas for fishing to ease crowds

I applaud PUB’s efforts in recent years to open up more fishing grounds at our public waterways and reservoirs, as well as establishing rules and guidelines such as using only artificial bait at reservoirs and asking anglers to…

Singapore developers waiting for ‘Sword of Damocles’ moment: report

Property developers in Singapore should brace themselves for cooling measures ahead, UOB Kay Hian (UOBKH) said, as the odds of policy action have “manifestly increased”. “Waiting for the Sword Of Damocles,” said the recent report. That condo resale…

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