The new library will not have to pay any rent, thanks to the Urban Redevelopment Authority's Community and Sports Facilities Scheme, which gives developers extra spaces for community and sports uses.
At 3,000 sq m, library@harbourfront will be Singapore's largest shopping mall library.
It seems RW0U counter is short sellers' favorite, I was reading SGX's short selling report and realized that the short sale volume is quite substantial.
Reply to @firedrake : I don't have enough financial education to understand what these people are doing, maybe it's something really smart and world beating. Imho, there are better things to short than this counter.
https://www.straitstimes.com/lifestyle/art...
The new library will not have to pay any rent, thanks to the Urban Redevelopment Authority's Community and Sports Facilities Scheme, which gives developers extra spaces for community and sports uses.
At 3,000 sq m, library@harbourfront will be Singapore's largest shopping mall library.
Question. Isn't this loss income?
Reply to @GrandpaLemon : If I read the document correctly, this is additional granted gross floor area that is above the maximum permissible GFA.
https://www.ncss.gov.sg/GatewayPages/Socia...
It seems RW0U counter is short sellers' favorite, I was reading SGX's short selling report and realized that the short sale volume is quite substantial.
http://www.sgx.com/wps/portal/sgxweb/home/...
Reply to @firedrake : I don't have enough financial education to understand what these people are doing, maybe it's something really smart and world beating. Imho, there are better things to short than this counter.
Accidentally deleted the blog post. Will update later.