ECONOMY | Staff Reporter, Singapore

Daily Briefing: First YOTEL opens in Singapore; New RTS to shorten travel between Malaysia and Singapore

And here's why you should invest if your portfolio is small.

From The Edge Property via Yahoo!:

YOTEL Singapore, the brand’s first hotel in Asia, opened on Oct 1. The 610-room YOTEL Singapore, which is located along Orchard Road, spans 30 storeys.

Of the 610 rooms at YOTEL Singapore, 270 are Premium Queen rooms sized at 140 sq ft. There are also 148 Premium Queen View rooms, 115 Premium Queen with 1 bunk rooms, and 56 Premium Queen View with 1 bunk rooms of the same size.

The remaining eight rooms comprise of seven First Class with deck rooms measuring 279 sq ft and VIP View Suites sized at 560 sq ft.

Read more here.

From PropertyGuru via Yahoo!:

The Rapid Transit System (RTS) link connecting Singapore’s Woodlands with Bukit Chagar in Johor Bahru is expected to ease travelling time between both countries.

On Monday (22 September), state-owned transport firm Prasarana Malaysia and Singapore’s SMRT Corp signed a memorandum of understanding to create a joint venture to design, fund, build, operate and maintain the four-kilometre rail line.

Next Tuesday (3 October), both entities will jointly hold a briefing to update would-be bidders on the tender process. The governments of Singapore and Malaysia will also sign a legally-binding agreement with the project’s full technical details by December 2017, and launch the tender thereafter.

Read more here.

From The Motley Fool:

People new to the workforce frequently have the misconception that we need to build up a large nest egg before we can start investing. In reality, starting your investment journey when your portfolio is smaller may be much better.

Unlike investing in assets like real estate or private equity, to start investing in stocks, we only need as little as $1,000 or even less. This means anyone who has just started working, can most likely afford to start putting some money into stocks. Furthermore, having a small portfolio can have a few advantages for investors who are just starting out.

Read more here.

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