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The demand for co-office spaces continues to grow and has, in fact, tripled in space consumption since 2015. It's no wonder that co-working spaces have the reputation as the Grab of the office sector. If you're investing in commercial space, here's what to take note of. WHAT’S HAPPENING IN THE CO-WORKING SCENE? In 2015, co-working spaces took up 1.2 million square feet in the Net Lettable Area (NLA) of Singapore’s commercial space. Today, this has roughly tripled to 3.7 million square feet, according to Colliers International. Some 5 per cent of the CBD’s Grade A offices are now co-working spaces, and Colliers further predicts that the NLA taken up by co-working spaces will grow to 24 per cent this year. There’s also a pattern of consolidation with a few big names gobbling up the smaller ones. At present, WeWork, IWG, and JustGroup hold just over half (51 per cent) of the space. Colliers pointed out that small, single space operators (7,500 square feet or under) account … [Read more...] about Space invaders: Why more offices are giving way to co-working spaces

Are you in the market to invest in a second property? What property can a S$500,000 budget get you? While it is not a terribly big budget when shopping for an apartment in Singapore, it could score you a nice home outside of Singapore. An overseas home not only serves as a holiday home, it could also mean an extra source of income. Here’s what you can buy in Singapore and nearby cities like Melbourne, Taipei, Tokyo and Bangkok. SINGAPORE PSF price (city centre): S$2,326 What you can get: A resale 400 square-feet condo unit outside of the CBD. The pickings are slim. While S$500,000 is a lot of money in regular context, it won’t get you very far in terms of property ownership. You can either consider holding out for a rare gem or you could invest your money elsewhere. MELBOURNE PSF price (city centre): S$832 WHAT YOU CAN GET: A newly-built 500 square-feet one-bedroom condo unit in a prime district within 2km from the CBD. Melbourne has … [Read more...] about Got S$500,000 to invest in property? Here’s what you can buy in Singapore and nearby cities

While on their honeymoon in Hoi An in central Vietnam recently, Sharadhi Gadagkar and Kunal Patel didn’t bother a hotel concierge with questions about things to do. Instead, the couple signed up for their first Airbnb experience , a tour organised by SecretEATS , during which they hit five locations serving original cocktails, including a spiked iced coffee in the wood-planked loft of a designer boutique. It was a perfectly tipsy three hours with two other guests and two guides. READ > All about access: Small group tours are the next big thing in luxury travel “We love booking these types of experiences,” said Gadagkar. “They give you a unique perspective on the local culture that’s much harder to get on our own.” The push to get travellers to book tours and activities through mobile apps and websites has never been more vigorous. The majority of these day trips, unlike hotels and flights, are still booked offline, representing the next major growth opportunity for … [Read more...] about The best apps and sites to book your next customised travel experience

SINGAPORE: A man who hired a hitman on the Dark Web to kill the new flame of his former mistress did so in a series of calculated steps that showed "cold-bloodedness, a high level of sophistication and involved a high degree of planning and deliberation". These were the words of the judge who sentenced 47-year-old Singaporean Allen Vincent Hui Kim Seng to five years' jail on Wednesday (Sep 18). District Judge Shaiffudin Saruwan said the sentence "accurately reflects his culpability and society's opprobrium towards the crime". Hui had admitted in July to ordering a hit worth a few thousand US dollars on the 30-year-old Singaporean man through the Dark Web, where websites are hosted on encrypted networks inaccessible via traditional search engines or browsers. Hui, then a risk management executive married with a daughter, started an affair in April 2016 with a 30-year-old Malaysian woman he worked with. The relationship ended in February 2018, but Hui continued to buy gifts … [Read more...] about Man hired hitman on Dark Web to kill ex-lover’s boyfriend in ‘cold-bloodedness’, says judge

SINGAPORE: A married man who had an affair with a colleague became jealous after she moved on from him, and decided to hire a hitman to kill her new boyfriend. Singaporean Allen Vincent Hui Kim Seng, 47, admitted to ordering a hit worth a few thousand US dollars on the 30-year-old Singaporean man through the Dark Web – websites on encrypted networks that cannot be found by using traditional search engines or browsers. He pleaded guilty to one charge of intentionally abetting murder, with another charge of criminal intimidation taken into consideration. The court heard that Hui, then a risk management executive who was married with a daughter, had started an affair with a 30-year-old Malaysian woman he was working with in April 2016. The woman knew that Hui was married, but he assured her that he was planning to leave his wife. Even after Hui left the company in November 2016, they continued seeing each other. However, the mistress realised that Hui had no intention to leave … [Read more...] about Man pleads guilty to hiring hitman on Dark Web to kill former mistress’ new boyfriend