
Daily Briefing: Changi voted world's best airport; Expats still paying top dollar for historic bungalows
And top property agents earn 66% more than average Singaporean.
Air travellers voted Singapore Changi Airport as the world's best airport for the fourth consecutive year at Skytrax's 2016 World Airport Awards. The airport has been voted as world's best for seven times in 16 years. It was also awarded Best Airport for Leisure Amenities at the awards ceremony held at Passenger Terminal EXPO in Cologne, Germany. Read more here.
Sales of black-and-white bungalows, a type of good class bungalow (GCB), are few and far between given their limited number, reported The Wall Street Journal. Designed after the mock-Tudor architectural style, these houses come with whitewashed exteriors that contrast with black-stained timber details. To make them more suitable for the tropics, they feature broad verandas, wide eaves and tall shutters for shade, as well as masonry piers to elevate the structure and alleviate humidity. Find out more here.
The median gross monthly commission earned by the top 300 property agents at ERA Realty Network hit $11,686 in 2015, according to latest statistics released by the property agency. This is 66 percent more than the median gross monthly income of full-time employees in Singapore, which averaged $3,949 last year, based on data from the Ministry of Manpower. Read more here.