Browsing All Posts published on »September, 2012«

JTC releases 3 industrial sites for sale by tender

September 28, 2012

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JTC Corporation released three industrial sites for tender yesterday, through the confirmed list of the Industrial Government Land Sales Programme. The sites are a plot at Serangoon North Avenue 5 and two plots at Tuas South Street 8. The 0.75ha site in Serangoon North has a 2.5 plot ratio (ratio of maximum permissible gross floor […]

Another 2,000 BTO flats to be rolled out in 2012 to keep lid on prices

September 28, 2012

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The Housing and Development Board (HDB) is rolling out more flats this year in a bid to arrest runaway price increases and help meet housing demand. An additional 2,000 units will be rolled out this year, bringing the new supply of Built-to-Order (BTO) flats up to 27,000 over the 25,000 originally planned. Said Eugene Lim, […]

PCF to work with Govt to raise standards

September 4, 2012

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THE PAP Community Foundation (PCF) and the Government will work together to raise the quality of pre-school education while keeping it affordable, said Prime Minister Lee Hsien Loong yesterday. He was the guest of honour at the PCF Family Day at the Singapore Zoo yesterday and he used the opportunity to elaborate on points he […]

22-year-old is chairman and MD of family business

September 4, 2012

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WHEN a name card carries the designations chairman and managing director, you know you are not talking to the average 22-year-old. Fresh out of the army and yet to enrol in university, Mr Marcus Ong has been tasked with running a family firm that is hoping to list in the next year or two. It […]

Developers delay high-end launches

September 3, 2012

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DEVELOPERS seem to be delaying the launches and, in some cases, completions of their luxury residential projects as they await the anticipated uptick in the high-end segment. As homes in suburban areas fly off the shelves at record high prices, it is a different picture in the luxury sector with anaemic volumes and prices languishing […]

Marina Bay HDB estate?

September 3, 2012

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HERE was a moment in Prime Minister Lee Hsien Loong’s National Day Rally speech when images from the Singapore Memory Project blended together to make the picturesque image of Marina Bay, recognisable by the recent landmark developments such as The Sail, Marina Bay Sands and Marina Bay Financial Centre. PM Lee said: “Individually these are […]

Chinatown Point to reopen with new look, tenant mix

September 3, 2012

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ONE of Chinatown’s most recognisable buildings, Chinatown Point, is set to reopen with a snazzy new look in the coming months. Retail mall veteran Pua Seck Guan, executive chairman of Perennial Real Estate Holdings, put together a consortium that includes German fund manager SEB, NTUC FairPrice and Singapore Press Holdings (SPH) for this venture. SPH […]

S’pore brand name in demand in China

September 3, 2012

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CHENGDU (Sichuan) – A new high-tech park is starting to take shape in south-west China, leveraging on Singapore’s experience in setting up industrial parks and its reputation among top multinational corporations. The Singapore-Sichuan Hi-tech Innovation Park is one of several major projects that Singapore companies have embarked on in China in cooperation with the Chinese. […]

Staying nimble to seize opportunities

September 3, 2012

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Benedict Soh Executive Chairman Kingsmen Creatives Ltd THE Age of the Internet is fast and furious, presenting tremendous challenges as well as opportunities. For Singapore to exploit such opportunities, its citizens, especially the younger generation should have an entrepreneurial mindset in order to succeed. They need to keep an eye out for opportunities and turn […]

Gangnam Style: It’s a rap and more

September 2, 2012

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If you have been to a club, bar or health club here over the last month, you would have nodded along to the smash hit storming online music charts worldwide – you know, the one with that irresistible refrain: “Oppa – Gangnam Style!” The tune, by eccentric South Korean dance-rapper Psy, has proven addictive; the […]