Daily Archives: August 11, 2021 (34 Articles Found)

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Speed up review of law to protect security officers from abuse

Singaporeans must not condone any abuse of our men in blue who work around the clock to protect us, and abusers must be swiftly and fairly dealt with under the law. The same goes for private security officers…

High cost to retrieve property title deed

Recently, I tried to retrieve a new HDB title deed on behalf of my family member as the old one was lost. I was informed that the retrieval would cost me $1,400. I was quite shocked by the…

Interested in a landed property? 3 new things you’ll need to pay for

1) Gardening and landscaping – The average cost of a landscaper is S$41/hour, but you’ll also have to accommodate room in your budget for the materials like the soil, stones, shrubbery and trees. Landscapers and gardeners may also…

Has the price gap between private and executive condominiums changed?

Based on recorded URA transactions between 2004 and 2019, private condos had a significant price appreciation over ECs. The term ‘narrowing the price gap’ between EC and private condo – new and resale – was debunked. Then, private…

63 new COVID-19 cases in Singapore, 17 unlinked

MOH on Wed reported 63 new cases of COVID-19 in Singapore, bringing the country’s total to 65,953 infections. Of them, 61 are locally transmitted with 33 linked to previous cases and have already been placed on quarantine, 11…

Straco’s office units in International Plaza, set for collective sale, valued above book

Straco Corp has received a notice from the CSC of International Plaza Singapore, where the company owns two office units. In a bourse filing on Wed, Straco said that the units, which are for its own use, span…

Uneven recovery as manpower, supply constraints weigh on construction sector

While companies within the local construction sector have begun to recover from the effects of Covid-19 circuit breaker measures last year, it seems that the rising tide within the industry has not lifted all boats equally. For instance,…

JTC awards Gul Avenue tender for S$3.47m to Sing Teck Leong Marketing & Resources

JTC has awarded the tender for the industrial site at Gul Ave (Plot D) to Sing Teck Leong Marketing & Resources Pte Ltd, at a tendered sum of S$3.47 million. Launched on Apr 27, 2021, the tender closed…

Not just coughing and sneezing – talking and singing can also spread Covid-19: NUS study

A new study by a NUS team has found that an infected person can spread Covid-19 by exhaling fine aerosol particles when breathing, talking and singing, not just though droplets when coughing or sneezing. The authors of the…

Projectile that shot out of Beach Road skyscraper was gas canister from fire extinguishing system

The projectile that shot out from the 23rd storey of a skyscraper in Beach Road has been found to be a gas canister from a fire extinguishing system. The system had been dismantled for disposal, said a spokesman…

Firm fined $2,500 for making chwee kueh and carrot cake at unlicensed facility

A firm has been fined $2,500 for carrying out food manufacturing activities without a proper licence. SFA said Low Meng Kee Food was penalised for the offence in court on Wed. The firm was licensed to carry out…

Animal lovers unhappy with 12-week jail sentence for Ang Mo Kio cat slasher

A man who slashed 11 cats in Ang Mo Kio was sentenced last month to 12 weeks in jail. That punishment, say animal lovers, is not enough of a deterrent and they are calling for tougher penalties. Commenting…

More flats offered in mature than non-mature estates in current BTO sales exercise

More than half of the 4,989 BTO flats launched on Wed are located in mature estates. This is a departure from the previous two BTO sales exercises in Feb and May, during which the HDB launched more flats…

HDB rents rise for 13th straight month in July; condo rents unchanged: SRX

Rents for private apartments remained flat last month compared with June, while those for HDB flats continued to climb, according to flash data from SRX released on Wed. More condominium units and HDB flats were leased last month…

Singapore Zoo and SPCA join hands to help shelter dogs find new homes through Animal Friends Show

To help long-time shelter dogs find permanent homes, Singapore Zoo has teamed up with SPCA to foster, train and provide adoption support to such canines under a new pilot programme. The zoo will take in one rescue dog…

Covid-19: 3 men under investigation for using abusive words to safe distancing enforcement officers

Three men are being probed by the authorities in three separate incidents at food centres across Singapore for allegedly using abusive words against safe distancing enforcement officers from NEA. On Wed, SPF said that the men are aged…

The ultra-rich are driving a $24 Billion property frenzy in Singapore

In an exclusive Singapore neighbourhood shaded with rain trees, a local tech billionaire plunked down $95 million for a mansion. Near an upscale shopping district, a Taiwanese family with a grocery empire spent $216 million for all the…

Lendlease, WWF-Singapore fill knowledge gap, not landfills, with mall waste report

Large shopping malls in Singapore contributed 7% of the country’s total waste in 2018. Can malls, as hubs for consumerism, do more to reduce their waste while maintaining sales figures? To address this significant contribution of waste from…

Singapore sees increasing need for add’l health, elderly facilities

Singapore’s rapidly ageing population is seen to spur demand in the construction of additional healthcare facilities and non-residential buildings sector, with the spending for healthcare expected to reach US$26.3b in 2025 as its, Fitch Solutions said. The proportion…

CapitaLand, AEM receive highest net institutional inflows in Q3 to date

CapitaLand, AEM Holdings, and Ascendas REIT were the top SGX-listed stocks to receive the highest net institutional inflows in the third quarter to date, according to an SGX report. CapitaLand received $94.8m, in the midst of its planned…

PropNex Q2 net profit more than doubles to S$16.5m

PropNex on Wed announced net profit of S$16.5 million for the second quarter ended June 30, more than doubling from the S$7.3 million profit for the year-ago period. This brought net profit for the first half to S$31.3…

Higher share of loss-making deals in resale homes in June after heightened Covid-19 curbs disrupt market

The proportion of loss-making residential transactions in the sec market declined m-o-m in Apr and May before rising again in June as a spike in the number of Covid-19 cases prompted the introduction of heightened restrictions. And with…

Good timing separates winners from losers in property deals

Fortune might favour the bold, but good timing doesn’t hurt either. Judging by data from Edmund Tie Research, entering the property market at an opportune time in the cycle can play a key role in deciding whether fortunes…

Singapore is fourth-most expensive market to build in Asia due to skills shortage, high materials costs: survey

Singapore is the fourth-most expensive Asian construction market to build in, as the industry deals with a shortage of skilled labour and high materials costs. Against this backdrop, tender prices here are expected to remain volatile for the…

Singapore is top destination for overseas real estate investments in H1: RCA

Investment activity in Singapore’s real estate market almost doubled in the first half of 2021 to US$4.7 billion worth of acquisitions, up 97 per cent from a year ago. This is according to the latest Q2 APAC Capital…

Pines club members appeal against S$1,500 award in class action on Peter Kwee and Co

The Pines members have appealed against the High Court judgement that awarded 170 of them a nominal sum of S$1,500 each in their class action on motoring tycoon Peter Kwee’s company over the relocation of the clubhouse at…

In Singapore, 40 per cent of water supply comes from recycled sewage

Giant pumps whirr deep underground at a plant in Singapore that helps transform sewage into water so clean it is fit for human consumption while reducing ocean pollution. The tiny island nation has little in the way of…

HDB launches close to 5,000 BTOs; more than half in mature housing estates including Queenstown

Close to 5,000 new flats in seven projects across Singapore will be launched in Aug, with more than half located in mature estates to meet the strong demand for flats in such estates. HDB said on Wed that…

Fines, suspension of licences for 7 companies and 47 individuals in maritime sector who breached Covid-19 measures

Seven companies and 47 individuals in the maritime sector have been fined or had their licence suspended for breaching Covid-19 safe mgmt measures by, for example, operating pleasure crafts that exceeded the maximum group sizes permitted for social…

Some confusion but most F&B outlets did not face much issues implementing new dining rules

It was quite smooth sailing for most restaurants and other F&B establishments that reopened for dining on Tues, the first day that rules for vaccinated and non-vaccinated customers began. However, there were a handful of customers who had…

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