Topic of Interest: #News (42,543 Articles Found)

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Luxury homes untouched by latest property cooling measures for now

While market activity in the property sector is said to have slowed after the cooling measures, demand for luxury homes has yet to dry up as some local first-time home buyers and others exempt from ABSD continue to…

Freehold commercial building at East Coast Road up for sale at S$23.5m guide price

A freehold commercial building located at 143 East Coast Road has been put up for sale via EOI with a guide price of S$23.5 million, PropNex said on Wed. The indicative guide price of the 5-storey property translates…

Gloria Mansion at Pasir Panjang sold en bloc for S$70.3m

Freehold condominium Gloria Mansion has been sold en bloc for S$70.3 million to Fraxtor Capital and a group led by the family offices of real estate veterans Daniel Teo and his brother Teo Teck Weng. The sale of…

Tenders withdrawn for Hillview residential sites, ‘for other development plans’

Shortly before their scheduled closing date, 2 sale tenders for a total of 25 factories, all zoned for residential use and spanning more than 132,000 sqft of land in Hillview, have been taken off the table. One of…

Briton allegedly failed to wear mask three times in public places in Singapore

A Briton who allegedly failed to wear a mask in public on three occasions during the pandemic has been charged in court with an offence under the Covid-19 (Temporary Measures) Act. Philip Richard Mockridge, a Singapore PR, is…

1,448 new COVID cases in Singapore, infection growth rate rises to 1.76

MOH on Tues confirmed 1,448 new COVID cases, an increase from 1,165 a day before. Of them, over 68% – or 990 – are local while 458 are imported. This brings the country’s total case count to 294,462.…

Hong Leong-led joint venture submits highest bid of $1,060 psr ppr for Lentor Hills Road Parcel A

While the tender for the GLS site at Jalan Tembusu closed with eight bids on Jan 18, the site at Lentor Hills Road (Parcel A) received just half the number of bids. The top bid of $586.6 million…

CDL top bidder for Jalan Tembusu GLS site at $1,302 psf ppr

The tender for two GLS sites at Jalan Tembusu and Lentor Hills Road (Parcel A) closed this evening. City Developments Ltd (CDL) emerged the top of eight bids for the Jalan Tembusu site, located off Tanjong Katong Road…

PropNex’s Aaron Wan buys second freehold shophouse, on Koon Seng Road

Aaron Wan, senior group district director at PropNex, has purchased his second shophouse — a non-conservation freehold shophouse at 94B and 94C Koon Seng Road in District 15. Wan declined to reveal the price of the shophouse. This…

CBRE adds two senior executives to Asia Pacific capital markets team

CBRE has announced two senior appointments to its capital markets team in APAC, effective as of Jan. Crystal Palar joins as an executive MD, capital markets, while Andrew Hunter joins as director, global capital. Both roles are based…

Tampines coffee shop reopens 5 months after catching fire last August

A coffee shop in Tampines reopened on Jan 10 after closing for five months for renovations after it caught fire last Aug. The fire, which is believed to have started from a fish soup stall, had spread upwards…

SAF to install electric vehicle charging stations at Kranji Camp III and Gombak Base

SAF is planning to install EV charging stations at two of its camps for permanent staff and visitors to use, as part of its efforts to go green. In what appears to be a trial, four charging stations…

New SingHealth Duke-NUS simulation facility uses serious games to train healthcare workers

A simulation training facility has been set up by SingHealth and Duke-NUS to hone and improve the skills of healthcare professionals with the help of serious games. Known as the SingHealth Duke-NUS Institute of Medical Simulation (Sims) i3…

Ex-manager at Parkway East Hospital fined for graft

A man was working as a manager at Parkway East Hospital when he repeatedly sought gratification and favours from construction and renovation company ADA Builders, one of the hospital’s vendors. Ng Soo Meng, now 53, had expected the…

Changi Airport Terminal 2 closure extended, to reopen in tandem with traffic recovery

The suspension of operations at Changi Airport T2 has been extended indefinitely, with air traffic still a fraction of what it was before the Covid-19 pandemic.CAG director of corporate and marketing communications Dennis Yim told ST on Mon…

Plans for Changi Airport Terminal 5 still being reviewed: MOT

Plans on the development of the mega Changi Airport T5 project are still being reviewed, amid the continued impact of the Covid-19 pandemic on intl air travel. MOT said on Mon that the two-year pause it had announced…

Ex-A*Star researcher convicted of pushing auxiliary police officer when caught fishing illegally at reservoir

While illegally fishing at Upper Seletar Reservoir in 2019, Chua Ci Jie was spotted by several auxiliary police officers who asked for his particulars. He ran away before tumbling down a nearby slope with one of the officers…

French Bistro Summer Hill closing at Clementi, will offer takeaway from Orchard Towers

Summer Hill, the humble French bistro run by chef Anthony Yeoh, will be closing its doors on Jan 23 after a four-year run at its charmingly off-the-beaten-track digs under an HDB block in Sunset Way. The good news?…

Travel publication ranks Singapore as the world’s ‘most Instagrammable place’ in 2022

A Britain-based travel publication called Big 7 Travel has ranked Singapore as the “most Instagrammable place” in the world in 2022. In its annual list of 50 Most Instagrammable Places in the World, Singapore outranked the likes of…

Man with no intention to rent out flat listed it on Carousell to cheat others

A man who had no intention to rent out his flat listed it on Carousell in order to cheat interested customers of their money. Lee Chee Tiong, 41, was jailed for 10 months on Tues after he pleaded…

Size helps but it’s not a panacea for Reits seeking to re-rate

Some investors like Reits to be safe if somewhat boring vehicles that pay steady distributions akin to bonds issued by high quality issuers. But, in the nearly two decades since the first Reit was listed on SGX, Reits…

Singapore office rents improve in Q4 2021, will continue to grow: Knight Frank

After a slow start to 2021, Singapore office rents grew in Q4 and are expected to improve in 2022, Knight Frank reported in their quarterly office market update. Prime grade office rents in Raffles Place/Marina Bay grew quarter…

First Adidas Brand Centre launches in Singapore, brand’s largest there yet

Singapore’s largest Adidas store has opened its doors to the public in Knightsbridge along Orchard Road, its first brand centre in the country. Dubbed ‘Homeground’, the new store spans three stories, housing a large selection of Adidas performance…

NUS, NTU and SMU reaffirm commitment to climate action, following report highlighting links between fossil fuel industry and universities

NUS and NTU said environmental sustainability and social responsibility are “carefully” integrated in their investment mgmt processes, and reaffirmed their commitment to taking climate action. It comes after a coalition of students in Singapore released a 68-page report…

Sentosa’s Fort Siloso proposed as Singapore’s next national monument

Sentosa’s Fort Siloso could become Singapore’s 74th national monument, after a proposal for it to be gazetted, NHB said on Tues. The historical site will be gazetted next month if the proposal is confirmed, and will become the…

CDC voucher not accepted here? Some hawkers share why they’re rejecting such payments

When some people recently tried to pay for their food using their $100 CDC vouchers, they were rejected by hawkers. The reason? Digital vouchers. To use the voucher, the customer has to show a QR code to a…

Pros and cons of lifting the data centre moratorium

Fitch Solutions said the government’s lifting of its data centre moratorium will prompt leading hyper-scale global firms to invest more in local data centres in Singapore. However, the lifting of the moratorium also came with new stricter operating…

Sunseap, NTUC partner for 1.48MWp rooftop solar project at Downtown East

Sunseap and NTUC Club partnered for the installation of a rooftop solar system on a lifestyle and entertainment building at Downtown East in Pasir Ris. The 1.48-MW peak system—Sunseap’s first clean energy project for a lifestyle and entertainment…

Reits could offer investors shelter amid inflation storm

The scourge of inflation is rattling equity markets with most pundits expecting rising prices to peak in the second quarter. Amid the headwinds, Reits could provide a safe harbour for investors, say analysts. “Inflation is climbing, driven by…

1,165 new COVID cases in Singapore, infection growth rate rises to 1.6

MOH on Mon confirmed 1,165 new COVID cases, the first time since 2 Dec that the city-state reported over 1,000 new daily infections. Of them, 631 are local while 534 are imported. This brings the country’s total case…

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