{"id":40412,"date":"2017-01-12T10:02:52","date_gmt":"2017-01-12T03:02:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-first-composite-lift-unveiled-in-singapore\/"},"modified":"2017-01-12T10:14:06","modified_gmt":"2017-01-12T03:14:06","slug":"worlds-first-composite-lift-unveiled-in-singapore","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/worlds-first-composite-lift-unveiled-in-singapore\/","title":{"rendered":"World\u2019s first composite lift unveiled in Singapore"},"content":{"rendered":"<p>&#013;<br \/>\nAlister Bennett, Managing Director of Singapore Lift Company (SLC), showing the prototype lift to reporters. (Photo: SLC)<br \/>\nSingapore Lift Company (SLC) has launched the first composite lift in the world, paving the way for the city-state to manufacture a revolutionary type of elevators in the future.<br \/>\nMade of lightweight and durable materials used in the aerospace sector, Formula 1 racing and deep sea exploration, this new type of lift is expected to be a game-changer in the building and construction industry.<br \/>\n\u201cComposite material is not new, but its use in our lifts is groundbreaking,\u201d said Alister Bennett, Managing Director of SLC, a joint venture between Far East Organization, Woh Hup and Pronus (HK).<br \/>\nCalled 8, the prototype lift was largely assembled offsite, significantly reducing the time and labour needed in the installation. The easy installation also means less reliance on specialised labour, a boon for the lift sector, which is facing a shortage of engineers and technicians.<br \/>\nMoreover, it does not need expensive construction of deep pits and high overheads, and the cabin space can be made spacious due to maximisation of the shaft size and minimisation of the overhead and pit. It also requires fewer construction materials, with the prototype\u2019s cabin weighing just 150kg, compared to about 1,500kg for a traditional lift with a similar capacity.<br \/>\n\u201cWe see great potential for our product in the building and construction industry as well as the retro-fitting industry\u2026 While traditional lifts require on average five to seven days for the installation of a single floor, with 8, the time will be shortened considerably to a minimum of one floor per day,\u201d Bennett noted.<br \/>\nHowever, he told Channel NewsAsia that the new lift is not suitable for buildings with a height of more than 20 storeys. \u201cWe are initially setting a target of eight (floors) and that\u2019s why this launch is called 8. When we get better, we\u2019ll work to get higher \u2026 but we will never be able to do high-rise lifts because the higher and faster you go, the lifts need to be heavier.\u201d<br \/>\nWhile the composite lift industry here is still in its fledgling stages, SLC intends to develop this sector by leveraging on the existing expertise and capabilities of Singapore\u2019s highly-skilled workforce.<br \/>\n\u00a0<br \/>\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.propertyguru.com.sg\/property-management-news\/2017\/1\/144382\/worlds-first-composite-lift-unveiled-in-singapore\" target=\"_blank\">World\u2019s first composite lift unveiled in Singapore<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Alister Bennett, Managing Director of Singapore Lift Company (SLC), showing the prototype lift to reporters.&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-40412","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-avO","jetpack-related-posts":[{"id":151994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-boosts-intellectual-property-protection-to-drive-innovation-economic-competitiveness-slc-official\/","url_meta":{"origin":40412,"position":0},"title":"UAE boosts intellectual property protection to drive innovation, economic competitiveness: SLC official","date":"April 25, 2025","format":false,"excerpt":"\r Recent efforts include a new national IP ecosystem with 31 initiatives, the 'Patent Incubator' project for patent registration, and a green IP pathway to boost innovation in sustainability and the new economy\r \r Source : arabianbusiness.com\r Read more...UAE boosts intellectual property protection to drive innovation, economic competitiveness: SLC official","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/intellectual-property-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":2263,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-cant-figure-out-which-santander-account-my-lost-student-loan-is-hiding-in\/","url_meta":{"origin":40412,"position":1},"title":"I can\u2019t figure out which Santander account my lost student loan is hiding in","date":"January 22, 2016","format":false,"excerpt":"\r The Student Loan Company sent it to the wrong account number, but won\u2019t give me an interim payment and the bank can\u2019t helpMy student loan for September was sent to the wrong account number. The Student Loan Company (SLC) told me it would take up to 30 working days\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ive-paid-off-my-debt-but-student-loans-company-keeps-on-taking-my-money\/","url_meta":{"origin":40412,"position":2},"title":"I&#039;ve paid off my debt, but Student Loans Company keeps on taking my money","date":"July 8, 2016","format":false,"excerpt":"\r SLC says it will stop further repayments, but it hasn\u2019tThis year I finally managed to clear my student loan that had been hanging over my head for 12 years. I rang the Student Loans Company (SLC) just before the end of the loan repayment to confirm that the \u00adbalance\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loans-company-criticised-over-penalty-interest-on-funds\/","url_meta":{"origin":40412,"position":3},"title":"Student Loans Company criticised over &#039;penalty interest&#039; on funds","date":"July 29, 2017","format":false,"excerpt":"\r SLC put more than 33,000 people on to a \u2018non-compliance interest rate\u2019 of 3% for \u2018losing touch\u2019 with companyThe Student Loans Company has been criticised for adding more than \u00a38m to student debt through \u201cpenalty interest\u201d on tens of thousands of loans in the last financial year.Figures seen by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/graduate-anger-mounts-over-nightmare-student-loans-company\/","url_meta":{"origin":40412,"position":4},"title":"Graduate anger mounts over \u2018nightmare\u2019 Student Loans Company","date":"July 29, 2017","format":false,"excerpt":"\r Our story last week about the SLC quadrupling someone\u2019s interest rate sparked a new wave of complaintsWhen Gary Ashworth moved to Botswana in 2013 to try to start a design business, he immediately told the Student Loans Company that he would be out of the UK. Despite updating the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-borrower-beware-when-it-comes-to-student-loans\/","url_meta":{"origin":40412,"position":5},"title":"It\u2019s borrower beware when it comes to student loans","date":"July 16, 2016","format":false,"excerpt":"\r Louise Winmill finished her repayments, only to be asked for more six years later \u2013 and she\u2019s not alone in having troubleA woman who was told in 2010 that she had paid off her student loan in full has become the latest person to fall foul of the \u201cshambolic\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40412"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=40412"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40412\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}