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Singapore Businesses Hit by Rising Electricity and Gas Prices: How Firms Are Cutting Energy Costs and Protecting Margins
Singapore businesses are feeling a fresh squeeze from higher electricity and gas costs, adding to existing pressures like wages, rent and weak demand in some sectors.How businesses are being affected- Utility bills are rising quarter-on-quarter, especially for energy-heavy operations (restaurants, bakeries, showrooms, factories, cold storage). - Natural gas price volatility matters because Singapore’s power generation relies heavily on gas; global disruptions (including geopolitical tensions affecting LNG supply) can feed into local electricity prices. - Passing costs to customers is hard: some firms have raised prices slightly, but worry that bigger increases will drive customers away or cut demand. - Profit margins are getting thinner, forcing tougher choices—such as scaling back certain offerings/orders, delaying spending, or becoming more cautious about expansion. What businesses are doing to cope (mitigation strategies)- Small, targeted price increases (e.g., modest menu price adjustments) while monitoring customer resistance. - Reducing energy use operationally - Optimising production/baking schedules to use equipment more efficiently. - Cutting non-essential consumption (fewer fridges/freezers running, consolidating storage). - Tightening day-to-day controls: switching off lights/equipment, moderating air-conditioning, reducing after-hours power use. - Switching or renegotiating supply arrangements - Shopping around for better electricity contracts and exploring alternatives where feasible (e.g., different supply setups for cooking fuel). - Seeking productivity improvements to offset higher costs without fully raising prices. - Leaning on government support schemes where eligible (including energy-efficiency co-funding/grants that help firms pay for energy-saving equipment and upgrades). Overall takeawayRising energy prices are pushing Singapore firms to do two things at once: trim consumption aggressively (better processes, stricter controls, equipment upgrades) and carefully adjust prices where the market can tolerate it—while staying cautious because demand may not be strong enough to absorb large increases. Source & Credit
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Poison arrow from sharp corner of wardrobe aimed towards bed
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Poison arrow from sharp corner of wardrobe aimed towards bed
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Three pieces of cloves - Feng Shui use
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HDB Urban Rise @ Woodlands (Dec 2023 Build-To-Order) - Which units are lucky?
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HDB Urbanville @ Woodlands BTO launched in November 2020
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Bishan Loft EC - Is my unit still lucky or Can or Cannot Buy?
- Yesterday
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Death at Blk 107 Yushun
- Death at Blk 107 Yushun
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Some Agents recommend looking at sub-sale, drop-out, bounced-out and undervalued units
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woneoneli joined the community
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Six Raffles Boulevard - Marina Square Redevelopment
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Flames engulf Blk 512 Wellington Circle
- Flames engulf Blk 512 Wellington Circle
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Duet@Emily
Is the Sales Brochure Useful? Introduction: For brand new just launched developments, there is no physical site to visit the completed buildings and apartments. 1. The only thing we can do is to visit the show room (which often is close-by to the site) as well as obtain a sales brochure and see the mock-up of the development. As well as try to ask questions from the sales agent (if any). 1.1. We must still try to gather as much information as we can. 2. Summary of Case Studies in this article. If the information is overwhelming. Pick and choose selective articles... 1A & B: Common Rubbish Bin 2A & B: Interior unit Dry Walls 3: Fire at Heaven's Gate 4: Sha Qi or Poison Arrows from Club-house roof-lines 5: 3 Panel Sliding Doors at the Balcony 6: Drainage at the Balcony 7: Air-con Ledges 8: Mixed Developments + Cooling Towers 9: Termite infestations 10: Coffee-shop below or near to unit 11: Water tank at roof-top 12: Lamp Posts, Pillars, Tree Trunks 13: Spice Garden in an EC/condo 14: EC/condo Clubhouse 15A & B: Pneumatic Waste Collection System 16: Look closely at the development's scale model for clues 17: Buying a Mixed development apartment 18: Survey or study facilities surrounding the development 19: Pump Room below a unit 20: Seven Commandments of Stove Placement 21: Is there a potential poison arrow from the neighbours? 22: Should I be concerned with a near-by temple, church, mosque &/or elder care? 23: Is the compass marking on the Sales Brochure accurate? 24: Sites reserved for Schools? 25: Doors face each other? [Main Door/Bedrooms] 26: Unit numbers with 4, 44 or 444 Okay? 27: Stove or sink or WC at the Centre of the house? 3. It is always an excellent idea to spent some time to scrutinise a prospective sales brochure of our potential buy (purchase). 4. Recently, more and more clients have discovered to their shock (horror) that the least expected was the location of the central rubbish bin outside their unit. 5. A year ago; many had purchased a premium unit within the development .. and later shocked to learn that the central rubbish chute (for their entire floor) is just next to their main door! 6. Thus the morale of the story is to check first before signing on the dotted line. 7. In general, most developments have these:- 8.1. A central rubbish collection centre / rubbish bin collection point 8.2. Power Sub-station. Every development usually has one or more of these depending on the size of the development. 8.3. Design of club-house roof-lines / trellis / gazebo / pavilion. Are the designs a "threat" e.g. with spikes or like a razor's edge? Usually these are aimed towards lower storeys. 8.4. Any poison arrows in the form of a sharp corner of another block of neighbouring stack aimed towards one's balcony (hard to cure) or towards one's windows (if any) 8.5. Location of areas like BBQ pits and any impact e.g. the smell from these pits towards a unit.. especially low storeys such as #01 or #02 first or second storeys 8.6. Any tree trunk aimed towards a lower unit e.g. #01 or #02. Unfortunately it may be too late; especially if the development is under construction. 9. There are lots more considerations... 9.1. Do remember "Read in-between" the lines.. CLICK THIS LINK TO LEARN MORE The Experts in House Hunting " As much as we see, Geomancy.net has great web presence built up over the years and is seen as one of the SG market leaders in residential house audit. " Success starts with good Feng Shui Transparent Pricing & No Hidden Costs. No Purchase of Products. Cecil Lee, +65 9785-3171 / support@geomancy.net +++ Type in the unit number to find out OPTION 1 Please go to this link to check a unit number: https://www.geomancy.net/content/personalised-reports/free-feng-shui-reports/house-number-report/about-house-number-report [Need to create a free account to access it] or OPTION 2 Go to URL: https://login.geomancy.net On the blue navigation on the left, click under Free Reports | House Number
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Clementi Woods Condo @ 78 - 90 West Coast Road - Which units are still lucky today?
- Duet@Emily
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Grand Dunman @ Dunman Road by SingHaiYi - Is my unit lucky? Find out, here.
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Some Agents recommend looking at sub-sale, drop-out, bounced-out and undervalued units
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Some Agents recommend looking at sub-sale, drop-out, bounced-out and undervalued units
- Last week
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Some Agents recommend looking at sub-sale, drop-out, bounced-out and undervalued units
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All Executive Condos (ECs) in Singapore
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Change of residential address? - New Online Change of Address E-Service using Singpass - ICA's Guidelines
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City Gate @ Beach Road under construction
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City Gate @ Beach Road under construction
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Personal Self - [PFS-POD] Work Direction
FengShui.Geomancy.NetMembers Login - FengShui.Geomancy.NetLogin Wizard Account Provide the e-mail address & password. Press 'Finish' to login to your account. Step 1: Provide your E-mail Address & Password E-mail: Pass...https://freereport.geomancy.net/ 1. Personal Ba Zi & Feng Shui Element 2. Eight House Report 3. Eight Aspirations Report 4. Gua (Kua) Number Report 5. Suitable House Report 6. Personal Stars 7. Chinese Horoscope Sign 8. Bedroom Location 9. Sleep Position 10. Work Direction 11. Study Direction

