Daily Archives: June 15, 2021 (26 Articles Found)

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Maybank Kim Eng still likes S-REITs for their good yields

Maybank Kim Eng (MKE) analyst Chua Su Tye remains bullish on S-REITs given how they are still seen to give good yields, having gained about 2.4% m-o-m to outperform the market. This was boosted by a 20-30 basis…

MND increases land supply for condo for H2 2021: Here’s what we think about the land sites

1) Lentor Hills Road (Parcel A) – Though not as centrally-located as the Jalan Tembusu site, this Lentor Hills Road site wins points for its connectivity. We like that it will just be a six-minute walk to Lentor…

With WFH becoming a new normal, should we convert more commercial office spaces into mixed-used developments?

Changes in activity patterns due to the ongoing pandemic, such as more flexible work arrangements and telecommuting, are further accentuating the need for the CBD to have more mixed uses and a larger live-in population to keep the…

Gallery honouring Cultural Medallion artists to open at The Arts House

A gallery celebrating Cultural Medallion artists will open in a few months’ time at The Arts House, said PM Lee on Tues. The new space will “showcase their artistic excellence and contributions across various art forms, from the…

Telok Blangah Drive Food Centre closed for cleaning after hawker tests positive for COVID-19

Telok Blangah Drive Food Centre will close for three days from Wed after a hawker there tested positive for COVID-19, MP Rachel Ong said on Tues. The hawker, a 42-year-old Singaporean, was listed as Case 64218 in MOH’s…

The Clementi Mall, supermarkets in Bukit Merah and Tanglin Halt among places visited by Covid-19 cases while infectious

NTUC FairPrice supermarket at Bukit Merah Central and Sheng Siong supermarket in Tanglin Halt as well as The Clementi Mall were added to a list of public places that had been visited by Covid-19 cases during their infectious…

Bukit Merah View market closure extended to June 26 after 9 more Covid-19 cases detected; cluster grows to 25

The closure of the Bukit Merah View Market and Food Centre will be extended by 11 days until June 26, said MOH on Tues. It was previously set to reopen on Wed after three days of closure following…

Redhill market stallholders to undergo mandatory testing after visit by Covid-19 case

All stallholders at the popular Redhill Market and Food Centre will undergo mandatory testing for Covid-19 on Tues and Wed after a recent visit there by an infected person. In a FB post on Tues evening, Mr Melvin…

9 of 14 new COVID cases in Singapore linked to Bukit Merah View Market cluster

MOH on Tues confirmed 14 new COVID-19 cases in Singapore, taking the country’s total case count to 62,315. All of them are local cases in the community, of whom nine of 10 linked cases belong to the 115…

Challenges with Progressive Wage Model in the security sector

I agree that the PWM for low-income workers is a good initiative. However, at the same time, I feel sad to say that the good intentions behind the initiative do not resonate with my experiences on the ground.…

Charge more for disposables to get people to use their own containers

With the current ban on dining in, I have noticed more disposables being used at eateries. This will generate more waste. I assume that since many customers are working from home, they would have set off from their…

Regular checks done at SGH to ensure compliance with Covid-19 measures

We thank Ms Michelle Tan for her feedback (Patients who mingle with visitors outside hospital while unmasked pose risk to others, June 11). Ms Tan raised an important concern. For their own safety, patients are also advised against…

Help workers and companies transition to a green economy: President Halimah

Countries are moving to green their economies as they recover from the impact of Covid-19, but workers and firms need to be given help in the transition, said President Halimah Yacob on Tues. Such support would help businesses…

Some employers plan to make hybrid work arrangement permanent; office spaces still in demand

Some employers plan to make hybrid work arrangements permanent even when Covid-19 restrictions are eased in the future, but this has not led to a spike in office space vacancies. Several major office building owners and co-working spaces…

Google location data reveals mobility patterns in Singapore

In pandemic times, people naturally spend significantly more time at home and less at places for retail and recreation. But supermarkets and pharmacies stand out as places where people in Singapore are still flocking to, with barely a…

Singaporeans should band together to clean up housing estates regularly amid shortage of cleaners

There has been some discussion of late about the shortage of cleaners in Singapore, resulting in a squeeze in some estates as existing pools of cleaners contend with larger amounts of waste as people stay home to contain…

2 firefighters taken to hospital after battling fire at shophouse near Outram Park MRT Station

Two firefighters were taken to SGH on Tues after battling a blaze at a shophouse in the Chinatown area. A ceiling fell onto one of them during the operation while the other suffered heat exhaustion. In a FB…

Woman seen without mask in viral videos asks court for ‘immunity as a citizen’ due to ‘past SAF cases’

A 53-year-old woman who refused to wear a mask in public, including at MBS integrated resort, told the court on Tues that she should be “granted immunity as a citizen” due to “past cases” she faced while serving…

New launches, looser Covid-19 restrictions may boost new home sales ahead: analysts

Developers in Singapore sold nearly 30 per cent fewer private homes in May compared with Apr, with sales dampened by stricter safe-distancing measures meant to curb rising Covid-19 cases here, as well as fewer launches. But analysts expect…

Perpetuals lure as cheap equity for hungry-to-acquire Reits

There are businesses that list in Singapore, and raise no further capital once their listing status is secured. That, however, is not the story for Reits listed here. S-Reits are active in raising equity in the secondary market…

What is a carbon tax?

A carbon border tax, or carbon border adjustment, is a tariff imposed on imported goods based on the amount of greenhouse gases emitted during their manufacture. In the case of steel, cement, aluminium, and even paper, the “embedded…

NParks ‘committed’ to intensify efforts to educate public on sensitive marine life

NParks is “concerned” by the large number of visitors over the weekend to the intertidal area at Changi Beach, and the collection of shellfish and other invertebrates, it said on Wed. “Regarding the collection of shellfish, other than…

Singapore’s new private homes sales fall in May amid tightened COVID-19 measures

Fewer new private homes in Singapore were sold in May compared to the month before as Singapore’s Phase 2 (Heightened Alert) measures kicked in. According to data released by URA on Tues, developers sold 891 units private residential…

Two residential GLS sites at one-north launched for tender

URA has launched two residential sites under the first half 2021 GLS programme in the one-north precinct, along Slim Barracks Rise. Both sites are zoned for residential with commercial use at the 1st storey, and have a lease…

Post-pandemic, Singapore offices likely to face pressure to de-densify: JLL

Post-pandemic, global business hubs like Singapore, Hong Kong and London that operated in a high-density environment of less than 10 sqm per person will likely face pressures to de-densify, highlights JLL. The same pressure is likely also to…

Freehold site along Lorong J Telok Kurau Road on sale for $30.6mil

A freehold redevelopment site at 12, 12A, 20 and 28 Lorong J Telok Kurau Road has been put up for sale by public tender with an indicative price of $30.6 million, revealed CBRE. Situated off Still Road, the…

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