HDB: Industrial rent fluctuates with market conditions
Industrial property The rent for Housing Board industrial properties fluctuates according to market conditions ("Huge rent increase in HDB-run industrial building" by Madam Kee Mui Hong; Oct 3). When comparing the new rent with the current rent, one should note that the latter was contracted at the last tenancy renewal, typically...
Sandy pitch threatens to sour big night for Singapore
A general view of the new Sports Hub national stadium in Singapore on June 21, 2014, during an international rugby 10s tournament. (Photo: Roslan Rahman / AFP) (October 11, 2014) Singapore’s plan to boost its international profile by staging a glamour football friendly between Brazil and Japan could backfire due to...
Singapore’s SMRT steers £800m Addison Lee bid
Addison Lee has more than 4,000 drivers on its books. (Photo: Addison Lee) (11 October 2014) An Asian transport operator is mulling a bid for London's biggest minicab firm, Sky News learns. One of Singapore's largest transport groups is examining an £800m takeover bid for Addison Lee, London's biggest minicab operator. Sky...
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