GLOBAL real estate giants JLL and Lendlease are partnering to launch an accelerator in Singapore to kickstart innovation in real estate, an industry said to have been slow to tech advancements. But unless both companies commit to a substantial investment and a long-term plan to “transform legacy businesses”, the accelerator will yield limited benefits, observers said. Propell Asia – described as the first Singapore-based regional property technology (proptech) accelerator – opens for applications on Monday.

SOLAR panels are set to be installed in blocks of public flats managed by the West Coast and Choa Chu Kang town councils, in a move to reduce Singapore’s carbon emissions and, in turn, the effects of climate change. Work will begin in the current third quarter, said the Housing & Development Board (HDB) on Sunday when it announced that the tender for the job had been won by a consortium made up of Sembcorp …