Topic of Interest: #Investment (24,351 Articles Found)

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Are $1m HDB resale flats going to be ‘normal’ from now on?

A record number of HDB resale flats changed hands for at least $1 million so far this year – and we are only halfway through 2021. This performance would have been remarkable in any year, let alone a…

Easing of Covid-19 measures: Larger groups seen at parks; beauty services in high demand

Larger groups of people were seen at some parks and several beauty salons were fully booked on Mon, the first day of the relaxation of Covid-19 curbs imposed since last month. When ST visited Bishan Park and Jurong…

Businesses in S’pore prepare for larger group sizes, higher capacity limits as Covid-19 rules eased

Businesses are gearing up to welcome more customers, with the easing of Covid-19 restrictions from Mon, which includes an increase in the cap on social group sizes from two to five. Some are looking forward to welcoming more…

Million-dollar HDB flats: Half of S’pore’s 24 towns have them, including Hougang, Geylang and Ang Mo Kio

While The Pinnacle @ Duxton is arguably the “poster boy” for million-dollar HDB flats in Singapore, such flats are not exclusively located in the central area. Half of Singapore’s 24 HDB towns are home to million-dollar HDB flats,…

F&B, retail micro, small enterprises ‘coping better’ during heightened alert versus circuit breaker: DBS

Micro and small enterprises in Singapore’s F&B and retail sector are coping better during the Phase 2 Heightened Alert (HA) versus last year’s “circuit-breaker” period, DBS said on Mon. About 35 per cent of micro and small enterprises…

JustCo names CFO to helm finance, capital markets and M&A functions

Co-working operator JustCo has appointed Loke Huey Teng as its CFO to helm its finance, capital markets and M&A functions. As a business partner to JustCo CEO Kong Wan Sing, Ms Loke will also collaborate with the executive…

How much of a threat are EVs to oil giants and neighbourhood mechanics?

While the impending wave of EVs heralds opportunities for many sectors, it threatens to disrupt others – among them, the retail fuel industry and your neighbourhood car mechanic. In recent years, global retail fuel companies have been pivoting…

EV agenda draws various sectors vying for slice of the pie

Singapore’s push for EVs has lured companies from a myriad of sectors, from renewable energy to electronics and payments, eager to get a foot into the ecosystem. While EVs are widely seen as an environmental asset, their economic…

More cargo and passenger flights at Changi Airport as traffic picks up amid Covid-19

The recovery of Changi’s aviation hub remains a work in progress, though cargo traffic has picked up and more flight connections are available for passengers. Passenger flights to 70 cities are now available at the airport, up from…

How rents and business in S’pore are affected as people work from home

Working from home is making many smaller businesses rethink whether they need to pay the same monthly rent just to retain empty offices. So when their leases expire, some move their operations to shared office space while others…

Foreign labour shortages in construction sector is a wake-up call for change

For a long time, Singapore’s strategy of augmenting its workforce with a large pool of low-skilled foreign labour had served it well. It made economic sense: Focus on what we are good at, build a high-skilled educated workforce,…

Scheme to help F&B businesses provide delivery services, go online has helped 10,000 so far; extended by 1 month

A scheme to help F&B businesses defray the costs of providing food delivery services and going online has been extended by a month until Jul 15, ESG said on Sun. Since it was re-introduced on May 16, the…

Popular western food eatery Botak Jones making Depot Lane comeback

When Mr Bernard Utchenik, founder of Botak Jones, announced on FB earlier this month that the western food eatery would be making a comeback, he was shocked to learn that many people had missed the stall. “A lot…

Extension of dining-in ban causes some to tweak Father’s Day plans; restaurateurs hoping business will pick up

After the Government announced that dining-in at restaurants would only resume on June 21 if the coronavirus situation here remains under control, Mr Samuel Ong, 34, had no choice but to cancel the reservation he made early last…

The merits of Singapore’s new carbon trading marketplace

Singapore took another big step in advancing the green agenda last month. The country on May 20 announced plans to position itself as a hub for carbon services. Climate Impact X (CIX) is a JV between DBS, SGX,…

HungryGoWhere’s demise shines spotlight on restaurant reservation industry trying to adapt to stay afloat

Some restaurant reservation platforms are trying to ride out the current ban on dining-in by diversifying to do takeaways and deliveries but said that the strategy has met with mixed success. They hope the June 21 resumption of…

Climatech Corp and Inovues win the inaugural CapitaLand Sustainability X Challenge

Climatech Corp and Inovues are the winners of the inaugural CapitaLand Sustainability X Challenge (CSXC) 2021, a global hunt for sustainability innovations in the built environment. Both winners will receive S$50,000 (US$38,000) each to fund, test and implement…

New private home sales take a hit in May on the back of heightened measures

Tighter restrictions to curb a resurgence in Covid-19 cases dampened new private home sales in May, although the impact wasn’t as severe as during the circuit breaker in the corresponding month last year. According to estimates from analysts…

S’pore’s transition towards a sustainable economy requires a collective effort

Policymakers worldwide have woken up to the costs that climate change will inflict and are trying to smoothen the transition to a green economy. Environmental scientists believe 2020 to 2030 is the decisive decade for climate change action.…

Let’s talk about higher wages in S’pore’s cleaning sector

The PWM of my industry, cleaning, is in the news again. This time the adjustments and increments of the wage floor for 2023 to 2028 are a lot steeper than previous years, with basic cleaner wages to reach…

CapitaLand sets up $50m fund to spur sustainable innovations, help green its buildings

CapitaLand, one of Asia’s largest real estate groups, is setting up a $50 million fund over five years to encourage more innovation and to achieve its 2030 sustainability targets, which include greening all its buildings in Singapore and…

Singapore property agents expect to benefit from relaxed Covid restrictions

Singapore property agents are optimistic about the effects of relaxed Covid-19 measures. Steven Tan, MD at OrangeTee & Tie, said the increased group size will be “significantly helpful” to sales. He noted that the current group size of…

Isetan appoints agent to assess buyer interest for Wisma Atria space

Isetan (Singapore) has appointed Savills as marketing agent to size up interest to purchase its space at the Wisma Atria shopping mall on Orchard Road, as well as to commence exploratory discussions with third parties on the matter.…

Low Keng Huat to sell Westgate Tower stake, buy 45% of Paya Lebar Square in shift to retail

Property player Low Keng Huat has entered agreements to sell its interests in Westgate Tower for S$97.1 million, while buying the remaining 45 per cent of Paya Lebar Square that it does not already own for S$90.5 million.…

‘Light at the end of the tunnel’: Fitness studios cheer resumption of indoor mask-off activities

Owners of gyms and fitness studios have welcomed news that indoor mask-off activities will be allowed to resume on Jun 21, describing it as a relief after weeks of tightened curbs. Mr Shane Parsons, the co-owner of fitness…

Restaurants make moves to prepare for June 21 reopening

After going nearly a month with no dine-in customers, F&B outlets received a reprieve yesterday with the announcement that they will be allowed to resume dining in from June 21, if the virus situation stays under control. Mr…

Heightened measures eased for real estate agents from June 14

In a circular today, CEA announced the gradual reopening of activities for real estate agents in Phase 3 (Heightened Alert). From June 14, the cap on the number of people visting an inhabited dwelling will be increased to…

Three-bedder at Vue 8 Residence on the market for $1.13 mil

A three-bedroom unit at Vue 8 Residence, along Pasir Ris Heights in District 18, will be put up for auction for $1.13 million ($1,094 psf) on June 23, according to Edmund Tie, which is handling the bank auction.…

Unit at Nassim Park Residences reaps $3.2 mil profit

The sale of a 4,833 sqft unit at Nassim Park Residences was the most profitable transaction during the week of May 25 to June 1. The ground-floor apartment was purchased for $11.54 million ($2,387 psf) in June 2008…

Increased supply of private homes on confirmed sites a calibrated move as developers seek land

The bump in the supply of private housing on the Confirmed List under the H2 2021 GLS Programme is a calibrated move by the government – one that will nonetheless be welcomed by developers hungry to replenish their…

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