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How The Singapore Property Market is Responding to Buyers' Need For Personal Space


Alvina Teh, business development director of Brand New Land, which specialises in bespoke landed homes, sees the affordability factor changing as a younger generation of self-made Singaporeans have been entering the landed property market.
And their needs have become a lot more specific in keeping with the pandemic induced new norm. “Buyers used to compare landed home prices in terms of per square feet (PSF) for land area, now they look at landed home prices in terms of PSF for Built Area as a comparison benchmark, reflecting the value buyers are placing on liveable space,” adds Teh.
An open-plan kitchen and dining area of a landed home marketed by Realstar Premier Group. Image: Realstar Premier Group ....

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Honolulu bribery scandal prompts permit department overhaul


Honolulu bribery scandal prompts permit department overhaul
JENNIFER SINCO KELLEHER, Associated Press
April 23, 2021
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HONOLULU (AP) Honolulu is overhauling its building permit process after a federal investigation resulted in indictments alleging a bribery scheme.
Last month’s indictments allege that five current and former employees of the city’s Department of Planning and Permitting took bribes in exchange for favors, including approving plans for residential projects and nullifying code violations at a multi-family residence in Waikiki.
An architect was also charged and pleaded guilty to paying bribes to a building plans examiner, Kanani Padeken, who also pleaded guilty. The department then fired her. ....

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Nanya to invest NT$300bn for new 12-inch fab


Nanya to invest NT$300bn for new 12-inch fab
By Lisa Wang / Staff reporter
DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday said it plans to invest about NT$300 billion (US$10.66 billion) to build a 12-inch fab to produce 10-nanometer chips, as demand for memory chips for 5G, artificial intelligence (AI) and consumer electronics applications soars.
It is the chipmaker’s first major capacity expansion in four years. Nanya Technology last invested about NT$200 billion for its process technology migration from 30 nanometers to 20 nanometers and 10 nanometers.
“We have little room [for further expansion] at existing factories. Nanya Technology needs to continue investing on developing new process technologies and new products, and expand capacity to ensure sustainable growth,” Nanya Technology president Lee Pei-ing (李培瑛) told reporters on the sidelines of a news conference in New Taipei City. ....

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