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RESIDENTIAL PROPERTY, TRANSPORT & LOGISTICS | Staff Reporter, Singapore
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Daily Briefing: Singapore inks deal with Malaysia on high-speed rail link; GrabTaxi gets a shot in the arm from Honda

And HDB sees more than 5,000 applicants for Proximity Housing Grant.

Authorities have signed a deal on a new high speed rail link between Singapore and Malaysian capital Kuala Lumpur. The expected rail-link will slash travel times between the southeast Asian neighbours from over five hours by road to 90 minutes. Get to know the full story here.

In an effort to fend off Uber Technologies' widening reach in Southeast Asia, GrabTaxi Holdings received an undisclosed sum from Honda Motor Co. Ltd. The deal with Honda comes less than two weeks after Grab unveiled a tie-up with Japan’s top car-leasing company, Tokyo Century Corp. Check out here to see the full story.

The Housing and Development Board’s (HDB) Proximity Housing Grant has received a very encouraging response, with 5,217 households applying for the scheme as at 31 August, involving a total grant of $100.8 million. Click here to read the full story. 

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