ENERGY & OFFSHORE | Staff Reporter, Singapore

Daily Briefing: About 700,000 households switch to Open Electricity Market retailer; BillionBricks tackles homelessness by building solar homes

And UOL to preview Clavon this Saturday.

From ChannelNewsAsia:

Almost half of 1.4 million households in Singapore have switched to buying electricity from a retailer, said the Energy Market Authority on 26 November.

Since the nationwide rollout of the Open Electricity Market two years ago, about 48% of all households have switched to a retailer as of end-October, said the authority in a media release.

This compares with about 40% as of end-August last year.

As of 31 October, Keppel Electric has the largest share of residential consumers at 23.4%, followed by Geneco with 21%.

iSwitch, Tuas Power, and Sembcorp Power are the next biggest retailers with 13.4%, 13%, and 9%, respectively.

Read more here.

From ChannelNewsAsia:

One of the things that the COVID-19 pandemic has shown us is that our homes are a safe space, a sanctuary for when the world appears to be in upheaval.

In these unprecedented times, the concept of home has evolved to become a place where we not only live, but work as well.

However, housing is a privilege that not everyone can afford.

Across the world, approximately 150 million people are homeless, whilst 1.6 billion live in inadequate housing conditions, according to data from the United Nations.

BillionBricks, a social enterprise based in Singapore, wants to eliminate homelessness and provide a dignified home to everyone, including the needy.

Read more here.

From PropertyGuru:

UOL Group will preview its latest condominium project, Clavon, on 28 November.

Prices will start from $1,475 per sq ft.

Located along Clementi Avenue 1, the 640-unit residential development comprises two 37-storey towers in a north-south orientation, which maximises the surrounding unblocked views.

It features a mix of one- to five-bedroom units, with sizes ranging from 527 sq ft to 1,690 sq ft.

In a statement, UOL revealed that one- to two-bedroom units account for about 56% of the project’s total number of units.

Read more here

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