Daily Briefing: Ryde applies for courier services trial; LTA defends new PMD safety standard

And here's a property going for $938,000 to $2.3m that's launching this weekend.

From Channel News Asia:

Ryde has submitted a proposal to the Land Transport Authority (LTA) to be part of trials for private hire car and taxi drivers to courier small items, with Grab – the largest private hire operator here – understood to be putting together its proposition as well.

Addressing these concerns in its proposal, Ryde said it would restrict the number of courier jobs that drivers can take in a day to ensure there are enough drivers to pick up passengers.

Ryde CEO Terence Zou also stressed that the operator is not intending to function as a delivery or logistics company.

Read more here.

From Channel News Asia:

The new UL2272 safety standard is "a necessary step" that needs to be taken to reduce the risk of fires involving personal mobility devices (PMD), the Land Transport Authority said on Thursday (Sep 13), even while it acknowledged that the requirement will affect retailers in the immediate term.

All motorised PMDs must meet the UL2272 fire safety standard by 2021 to ensure public safety, Senior Minister of State for Transport Lam Pin Min said in Parliament on Monday.

Read more here.

From icompareloan:

Mayfair Gardens, an exciting new property launch by Oxley Holdings, is set to open for preview this weekend (15-16 Sep). Located in 2 Riffle Range Road, District 21, the site (formerly known as Mayfair Gardens) was acquired at a whopping $311 million plus an additional $52 million as lease top-up premium for a fresh 99 years.

The developer of Mayfair Gardens, Oxley Holdings, said the project consists of four five-storey residential blocks of one- to four-bedroom units sized from 506 sq ft to 1,216 sq ft. Indicative prices range from about $938,000 for a one-bedder to $2.3 million for a four-bedder. The development will be inspired by the buildings in London’s posh Mayfair district.

Read more here.

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