The 234 Apartment

AT least two projects nestled in a mature residential precinct in District 9 near Somerset are being run as serviced apartments - despite not having the regulatory approval to do so - and a third one is opening. Oxley Thanksgiving Residence , a freehold condominium at 328 River Valley Road owned by Chinese temple Poh Ern Shih , and St Thomas Lodge , which also sits on freehold land at 32 St Thomas Walk , are listed for short-term stay on the website of accommodation service provider Atas Residence . The Business Times' visit to these projects confirmed that they are being run as serviced apartments. A third property, Devonshire Apartments at 17 Devonshire Road , has just undergone a major renovation, and the units there are understood to be starting a new chapter as serviced apartments this month. BT's query to the Urban Redevelopment Authority (URA) confirmed that these three properties are currently approved for residential use, but "do not have planning permission to...

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TOM PULLAR-STRECKER Last updated 05:00, August 14 2017 Tom Pullar-Strecker/FAIRFAX NZ Yellow believes it has a bright future. The Yellow and White Pages won 't be delivered to apartment units in the three main centres unless people ask for them, if a trial in Wellington proves popular.    The partial step towards an "opt-in" system for the directories could later be extended to office buildings and follows a decision by Yellow to axe 10 of its local editions . But Yellow's interim chief executive Darren Linton said the company's business plan was to return to revenue and profit growth within three years, as its digital business grew and new services came on stream. Printed directories accounted for 60 per cent of its sales – or $56 million – in the year to June. But Linton forecast that would drop to 25 per cent within three years. In another sign of the way traditional advertising has been turned on its head by the internet, burger company Wendy's announ...