Daily Archives: September 21, 2021 (25 Articles Found)

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9 often overlooked costs that can eat into your condo profits

1) BSD and ABSD rates – BSD applies even to HDB flats. A commonly overlooked issue is that BSD is based on the higher of the price or valuation. And a commonly overlooked issue is that higher ABSD…

PropertyGuru sees data analytics and fintech offerings as new sources of growth

Hari Krishnan, CEO of PG, needed to act fast when the pandemic hit. “We told ourselves that these were going to be a tough couple of years,” he told KrAsia. Like many other companies involved in the real…

Singapore greentech startup nets $1.4m in seed funding

SGRecycle, a Singapore-based greentech startup, secured seed money of US$1.4 million in a round led by Tai Hing Group. Founded in 2020, the startup is working to deploy a network of smart recycling stations in Singapore. It currently…

1,173 new locally transmitted Covid-19 cases in S’pore, including a record 1,038 in the community; cluster found at tuition centre

Singapore on Tues recorded 1,173 new locally transmitted cases of Covid-19, with a tuition centre added to a list of active clusters under close monitoring. Including five imported cases, there were 1,178 new coronavirus infections reported here, the…

Parents petition for lease renewal of the St James’ Church Kindergarten in Dempsey

For the past 15 years, a single-storey house in the leafy Dempsey Road enclave has been home to a branch of St James’ Church Kindergarten. But the non-profit pre-school, which is linked to the Anglican church located off…

Popular eatery Hjh Maimunah closes outlets after Covid-19-related incident

Popular nasi padang restaurant Hjh Maimunah has temporarily closed its outlets following a Covid-19-related incident in one of them. In a FB post on Tues, the restaurant said: “Hjh Maimunah outlets will be temporarily closed till further notice…

Ang Mo Kio community hospital bans visitors for a month from Sept 22 amid rising Covid-19 cases

Ang Mo Kio-Thye Hua Kwan Hospital (AMKH) has banned most visitors from Wed to Oct 21, as new daily Covid-19 cases in the community continue to rise. On its website, the community hospital said exceptions can be made…

Singapore firms welcome revised snap WFH rules, less disruption expected in event of Covid-19 case

Businesses welcomed changes to the snap WFH regime, noting that the revised rules would reduce disruption to work operations should there be Covid-19 cases among employees. Prudential Singapore head of corporate affairs Tan Ping Ping said the revised…

Intelligent service robots rolled out to transform service industry amid pandemic

A robot receives a meal for four in the kitchen, then zooms off to deliver the food to diners. It even thanks them for choosing to patronise the eatery. This could be what the future of the service…

Digital infrastructure, sustainability key to S’pore’s status as thriving maritime hub: Iswaran

Singapore’s continued success as a global maritime and trade hub will depend on how efficiently it can move goods through its port and not just the volume it can handle, said Transport Minister S. Iswaran on Tues. Physical…

MAS to raise $2.6 billion in first-ever sale of Singa bonds to finance infrastructure

Singapore’s central bank intends to raise a total of $2.6 billion in the inaugural sale of bonds to fund infrastructure projects that will benefit both the current and future generations. The size of the auction for the Singapore…

Malaysia-Singapore talks on right to review water price will resume after COVID-19 pandemic: Putrajaya

Talks between Malaysia and Singapore on the right to review the price of raw water will resume once the COVID-19 pandemic situation in both countries has “recovered completely”, Malaysia’s Minister of Environment and Water Tuan Ibrahim Tuan Man…

Marsiling Lane Hawker Centre and Wet Market temporarily closed after COVID-19 cases detected

Marsiling Lane Hawker Centre and Wet Market was closed for deep cleaning on Tues following the detection of COVID-19 cases. NEA said that it is “aware that there are COVID-19 cases amongst stallholders and persons” working there. Marsiling-Yew…

Man jailed for conspiring to steal wires from empty junior colleges, cost TPJC S$840,000 in repairs

In the dead of night in Jan last year, three men went to the empty Jurong JC campus and stole S$20,000 worth of copper wires. When the COVID-19 “circuit breaker” was in place a few months later in…

2 spa owners charged over masseuses providing sex services

Two owners of separate spa and massage establishments were charged in court on Tues with failing to ensure their employees did not offer sexual services to customers. Jimmy Chew Choon Kwok, 37, was given two charges under the…

Singapore keeps 8th place in global innovation index

The Singapore government announced that the country kept its ranking as the eighth most innovative nation in the Global Innovation Index (GII). This index was released by WIPO. Rankings are based on two sub-indices (Innovation Input Sub-Index and…

‘I was burning’: Worker who survived deadly Tuas blast recalls explosion that burnt 58% of his body’s surface area

First, a loud explosion, then the force of a gust of hot air pushed him to the ground in the dark, smoke-filled workshop. “I realised that I was burning and that my clothes had burnt off, leaving me…

Illegal massage outlet owner jailed after police find masseuse having sex with customer

A 48-year-old man was sentenced to two weeks’ jail on Tues for owning an unlicensed massage establishment which also offered sexual services to customers. Tan Tzer Tong pleaded guilty midway through a trial to two charges under the…

44 people under police probe for allegedly breaking Covid-19 rules at unlicensed KTV lounge

Forty-four people aged between 17 and 34 are being investigated by the police for allegedly flouting safe-distancing precautions against Covid-19. SPF on Tues said that they received a report on Jan 1 notifying them that an unlicensed KTV…

2 teenagers under police probe for allegedly vandalising govt property as part of ‘Devious Licks’ TikTok challenge

The police are investigating two teenage boys for allegedly damaging government property as part of a social media challenge encouraging students to vandalise or steal school property and post their misdeeds on social media. The “Devious Licks” challenge,…

Covid-19: 910 new locally transmitted cases in S’pore; clusters found at manufacturing firm, centre for adults with disabilities

Singapore on Mon recorded 910 new locally transmitted cases of Covid-19, with an activity centre for adults with disabilities and a manufacturing firm added to a list of active clusters under close monitoring. Including seven imported cases, there…

By Invite Only expands store network as in-store sales skyrocket

Fast-growing Singapore jeweller By Invite Only has opened two more stores in the city this month – one at Ion Orchard, the other at Bugis Junction. After physical stores initially took a hit from the movement restrictions related…

Luxury penthouse apartment at Bishopsgate Residences up for sale at S$25m indicative price

A luxury penthouse apartment at Bishopsgate Residences condominium has been put up for sale via private treaty with an indicative price of about S$25 million, said OrangeTee Advisory. Occupying a floor area of 5,974 sqft, the penthouse unit…

IOI Properties’ S$1.508b sole bid for Marina View white site surprises market

Market watchers were mostly surprised with the outcome of Tues’s tender closing for a white site along Marina View earmarked largely for private residences and hotel use. The plot, which was triggered earlier from the government’s reserve, list…

Prime HDB flats: Accept the lottery effect

The Singapore government does not want housing in prime locations to be restricted only to the affluent. It seeks to avoid having racially and socioeconomically segregated neighbourhoods, which would weaken social cohesion and community bonds. At the Greater…

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