ERA Daily Research - 20 August

S'pore eases border measures, launches vaccinated travel lanes

The Straits Times, 20 Aug 2021, Fri

By Linette Lai and Toh Ting Wei

In the first major easing of leisure travel restrictions since March last year, fully vaccinated Singapore residents will soon be able to fly to Germany and back without having to serve a stay-home notice.

The change kicks in on Sept 8, and is part of a broader relaxation of border measures for travellers from certain cities and countries.

"We will not throw caution to the wind," said Transport Minister S. Iswaran at a virtual press conference yesterday, adding that Singapore will take a "cautious, careful, step-by-step approach" to reopening its borders.

But he also stressed that Singapore's connectivity with the world is critical, saying: "The longer our borders remain closed, the greater the risk of lasting damage to our economy, our livelihoods, and our status as an aviation hub."

The latest easing of travel restrictions comes under a new Vaccinated Travel Lane scheme announced yesterday. As part of the scheme, Singapore will open its borders to vaccinated travellers from selected countries, starting with Germany and Brunei.

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CanningHill Piers along Singapore River to launch in Q42021

Edgeprop, 19 Aug 2021, Thu 4:53 pm

By Charlene Chin

CanningHill Piers, a 696-unit development located between Fort Canning Hill and Singapore River, is set to launch in Q42021. (See also: Value buys among Singapore properties: Aug 1 to 13)

The development, by joint developers CapitaLand and City Developments Ltd (CDL), will feature two residential towers. One of them is 48 storeys at 180m tall, which the developers say will be the tallest residential development along the Singapore River. The other tower of 24 storeys overlooks Fort Canning Hill, and is 100m in height.

Unit types range from one- to five-bedders, Sky Suites, and a penthouse unit, of sizes from 410 to 8,950 sq ft.

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Seven Tampines buildings to tap savings from a centralised cooling system

The Straits Times, 19 Aug 2021, Thu 6:04 pm

By Michelle Ng

Owners of seven buildings in Tampines Central are giving high energy bills the cold shoulder by coming together to tap a centralised cooling system.

The project by Temasek and SP Group is one of the efforts to transform Tampines into an eco-town by 2025, in line with the Singapore Green Plan 2030.

The buildings are Tampines Mall, Telepark, Century Square, Tampines 1, OCBC Tampines Centre Two, Our Tampines Hub and UOB Tampines Centre.

Chilled water pipes, among other infrastructure, will be retrofitted and installed in these buildings so they can share the cooling load to provide air-conditioning, said Temasek and SP Group on Thursday (Aug 19).

This leads to greater system efficiency through economies of scale, compared with standalone cooling systems, they added.

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