Daily Briefing: One Tree Hill Gardens sold for $65m; The good and the bad with M1's Q1 results

And here's how AI can be a game-changer for the healthcare industry.

From PropertyGuru: One Tree Hill Gardens off Orchard Boulevard has been sold for $65m to a subsidiary of construction and property development company Lum Chang Group. The sale price translates to a land rate of approximately $1,664 psf, which is less than the over $72.8m.

From The Motley Fool Singapore: In mid-April, M1 released its 2017 first quarter results. There are both positive and negative takeaways from the company’s latest earnings that investors may want to learn about. Let’s take a look, starting with an overview of the numbers. Firstly, M1’s average revenue per user (ARPU) in the reporting quarter declined across all its different services when compared to the first quarter of 2016. The largest drop in percentage terms came from the prepaid mobile business, where the ARPU was down by 17.1%.

From CNBC: A.I. is poised to become a game changer for the healthcare sector, according to Steve Leonard, chief executive of SGInnovate, the government entity that supports entrepreneurs leading Singapore's innovation efforts. But convincing doctors, clinicians, nurses, patients and other stakeholders to place their trust in self-thinking machines could be tricky.

Photo from Knight Frank.


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