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Daily Briefing: Why it's so hard to buy an EC in Singapore; Local casinos struggle under China corruption crackdown
And Singapore opens S$2 million KF1 Karting Circuit.
- Many Singaporeans are interested in buying an executive condominium, but with all the changes made in the past year to the EC scheme and financing eligibility, most are unsure if they are qualified to buy one, or even afford one in the first place. Read more here.
- The island's casinos are fighting for a shrinking pool of bigm oney players following China's corruption crackdown. Find out more here.
- Singapore unveiled its first international-standard karting track, the KF1 Karting Circuit, at the Singapore Turf Club (STC) in Kranji. Designed by world-renowned F1 circuit designer Hermann Tilke, the track runs 960m long with a minimum width of 7m, and can be reconfigured into two separate tracks to run two races simultaneously. Read more here.