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Some ageing condos in Singapore struggle with failing infrastructure, inadequate sinking funds

Summary by AsiaOne
SINGAPORE — In 2024, when two out of three lifts in his block at Fernwood Towers broke down, Haider Manasawala had to carry his suitcase down 21 storeys to catch a flight. "Only one lift was operating and it was taking forever to come. I didn't have a choice," said Haider, a regional chief financial officer with a US multinational...
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AsiaOne broke the news in on Friday, August 8, 2025.
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