Tag: singapore

• Singapore just capped vehicle growth at 0%

  When I was in New York a few weeks ago, my friend (a New Yorker) said to me that he couldn’t imagine owning a car (he used to but got rid of it with zero remorse). He then elaborated on all of the nuisances that driving in the city produces.

  There are parts of Toronto where you can feel similarly. I feel fortunate to live in one of those parts. Of course, there are other parts of this city where the exact opposite is true. It’s inconvenient not to have a car. These are typically areas where lower land costs have been exchanged for higher transportation costs.

  The City of Toronto has a land area of approximately 630 square kilometers. If that’s all the land we had (the metro area is almost 6,000 square kilometers), you can bet we would think about land use and transportation a bit differently.

  Take for instance, Singapore, a city-state with an area of approximately 719 square kilometers. The Land Transport Authority estimates that 12% of the republic’s total land area is taken up by roads.

  Because of this, they just announced that they have lowered their vehicle growth rate (for cars and motorcycles) from 0.25% per annum to 0% effective February 2018. They can do this through their Certificate of Entitlement (COE) quota. And it won’t be revisited until 2020.

  Put differently: No more cars and motorcycles until, maybe, 2020.

  2017.10.25

• Why dynamic road pricing is inevitable

  

  The Economist recently published an article called: How and why road-pricing will happen. If you’re a regular reader, you’ll know that there’s been lots of talk and support

  over the years

  on this blog for dynamic road pricing.

  It’s politically unpopular, but it’s an incredibly rationale way to deal with traffic congestion. 

  In Singapore – home of the world’s first congestion charge zone (1975) – they constantly monitor traffic congestion. As soon as average speeds drop over a three-month period, they simply raise the charge. Congestion gone.

  We know this works, but for many reasons road pricing is highly divisive. According to The Economist, there are a few reasons why this is going to become a bit more politically palatable.

  For one, the take from gas taxes and vehicle duties has been declining in Britain over the past couple of years. Electric vehicles will only exacerbate this trend. So governments are going to be forced to look elsewhere for money.

  Secondly, traditional tolls and congestion charges are becoming increasingly ineffective. Today in central London, private-hire vehicles are said to make up about 38% of all car traffic – almost double the share of traditional black taxis. 

  These are cars circling around the city, picking up passengers. Blunt charges based on suburbanites entering the city in the morning and leaving in the afternoon is simply not capturing the way that many of us move around our cities today.

  In other words, urban mobility is undergoing dramatic changes and the revenue and congestion management tools are going to need to adapt. If you’re interested in this topic, check out the full article here.

  Photo by chuttersnap on Unsplash

  2017.08.16

• Housing is a bitch

  I just discovered Steve Randy Waldman’s blog called Interfluidity and, more specifically, a post he wrote called: “Home is where the cartel is.” I am now following him.

  He starts off by saying that housing is a bitch, which is just him saying that urban housing is a difficult problem to solve. A truism for this audience.

  He doesn’t profess to have all of the answers, but he does write a thoughtful piece that covers, among other things: the “market urbanist” (supply-side) solution to solving housing affordability, the reasons why the “housing cartel” will never approve of this, and the inherent contradiction between housing as an investment and housing as a sustainably affordable good.

  He also offers up Singapore and Germany as examples of two very different housing markets. It reminded me of a tweet I retweeted this morning which shows Germany as having the 2nd lowest homeownership rate (45%) among OECD countries.

  2017.02.22

• World’s best city brands

  Resonance Consultancy – they do brands and strategies for places and products – has just released a new report called: World’s Best City Brands – A Global Ranking of Place Equity.

  With all of these sorts of rankings, it really depends on the research methodology being used and the rigor in which it is being applied. In this case, they evaluated each city based on “six pillars of equity”:

  1. Place: Perceived quality of a city’s natural and built environment
  2. Product: A city’s key institutions, attraction and infrastructure
  3. Programming: The arts, culture and entertainment in a city
  4. People: Immigration and diversity of a city
  5. Prosperity: Employment, GDP per capita entertainment in a city and corporate head offices
  6. Promotion: Quantity of articles, references of a city and recommendations online

  What’s perhaps unique about this study is that it combines measurable statistics with “visitor perception metrics” – data that they mined from social media. Here’s an excerpt from the methodology page:

  “Our team became interested in the way visitors and citizens themselves influence the identity and perception of cities. Increasingly, they do it through their evaluation of experiences on social media and via the comments, images and reviews they share with family, friends and people around the world. These opinions and attitudes, much more than traditional marketing, influence the way people perceive places today.”

  This is a fascinating shift for city brands and is something that we have discussed before on this blog. All of us are now involved in telling the story of the places in which we live and visit.

  The entire report is well done and worth a read. It’s also a free download (you’ll need to enter your contact info). But below are the top 10 world’s best city brands. Not really any surprises for me. What about for you?

  

  2016.11.08

• The value of urban lighting

  

  This week I picked up the Philips Hue lighting system. For those of you aren’t familiar with it, it’s a connected home lighting system. All you need are a Philips Bridge (which hooks up to your wireless router); a smartphone; and whatever bulbs, lightstrips and fixtures you want to use with it. It also works seamlessly with the Apple Home app.

  At first I was a bit nervous that it would turn my place into a cheesy nightclub. But as soon as I powered it on and started messing around with the Hue app, I was blown away by the quality of the light and the options. There are settings for reading, to simulate a sunset, and so on. You can schedule routines, such as a bedtime lighting scheme, and you can even color match a photo to find exactly the light you want.

  After playing around a bit, I then sent out an obligatory tweet saying that I was now hooked on and obsessed with the Philips Hue lighting system. Trust me, it’s really cool. My friend Andrew then responded saying that he doesn’t get it. Why would anyone want a color of light besides “white?” To me, this is like asking: Why would anyone want to see a beautiful sunrise or sunset? The sun should just appear or disappear using one consistent color.

  In a city like Toronto where most of us in the winter will wake up when it’s dark and come home from work when it’s dark, I have always believed that we should be more creative and daring with the way we light our city, our buildings, and our public spaces. We don’t want to be kitschy about it, but there’s an opportunity to maximize our darker months and enhance the overall urban experience.

  The CN Tower is a perfect example. Its night lighting has completely changed how we view it and has become a beacon for what is going on in this city. I can see it clearly from my elevator lobby and I always look to see what color it is. I’m not great at picking out when it’s Rett Syndrome Awareness Month, but I can usually tell when there’s a game going on.

  Now my place is certainly not the CN Tower. And there’s only one CN Tower in the world. But that doesn’t mean we can’t get fun and creative in other ways within the shared walls of the public realm. We should do that. Let’s not be so conservative.

  If any of you have great examples of urban lighting, please share it in the comments below. Perhaps we can all use it as inspiration to make a change.

  2016.10.06

• Open for business

  I just received the September issue of Monocle magazine. One of the features I always read is the “Observation” on the very last page. It reads as the editor in chief’s personal blog.

  In this issue he talks about the recent EU referendum and the changes he is making to his business in response to that. Monocle is headquartered in London, but he is now finding it challenging to be “an international media business in a country that hasn’t figured out how it’s going to move forward.”

  His response?

  They are shoring up the Zürich office. They are looking at the possibility of a second bureau somewhere on the continent. And they are similarly looking to increase staff in both Toronto and Singapore.

  When one place closes up, the companies and talent will find other cities that are open for business. 

  As someone who is closing one chapter this week and starting a new one, Tyler Brûlé’s Observation also reminded me of the importance of change. Oftentimes change feels uncomfortable. But that’s not necessarily a bad thing. In fact, it’s more likely a sign that you’re on to something.

  What have you done lately that made you feel uncomfortable?

  2016.09.07

• Prime property appreciation around the world

  Every year for the last decade, Knight Frank has published something called The Wealth Report. I’ve written about it before, but it’s basically a look at “prime property” and global wealth.

  As part of the report, they have something called the PIRI 100. It’s their “Prime International Residential Index”, which looks at luxury residential property prices around the world. They generally define “prime property” as being the top 5% of each market according to value.

  This year, the top 25 locations in their PIRI 100 are as follows (for the most part, the data is up to December 2015):

  

  Here in Canada, we like to talk about the insanity of the Vancouver and Toronto real estate markets. This list helps to put that into perspective. Even by global standards, Vancouver is at the top of the pack by quite a significant margin. 

  It’s worth noting that since this is a “prime property” index, it’s pretty safe to assume that the buyer profiles for these sorts of properties would have a significant international bias. So in a way, this list is really about global capital flows.

  Here are the bottom 10 locations on this year’s list:

  

  If you’d like to see the full list, click here.

  2016.05.09

• Medellín wins 2016 Lee Kuan Yew World City Prize

  

  Thanks to my friend Darren Davis, I just recently learned about something called The Lee Kuan Yew World City Prize.

  Named after Singapore’s first Prime Minister, the prize is a biennial award that honors cities who have made, “outstanding achievements and contributions to the creation of liveable, vibrant and sustainable urban communities around the world.” Along with the prize comes $300,000 (Singapore Dollars), which is about $287,000 Canadian as of today.

  The 2016 Prize Laureate is Medellín, Colombia.

  Over the past two decades, the city has transformed itself from one of the most dangerous cities in the world to one that has become a model for social inclusion and urban innovation. Here is a video that talks about the transformation. It’s a bit cheesy, but it does provide a high-level overview of their urban initiatives. A lot of them will serve as a reminder about the importance of urban connectivity.

  If you’re a regular reader of this blog, you may also remember that my good friend Alex Feldman (VP at U3 Advisors) wrote a guest post about Medellín after he visited the city for the World Urban Forum almost two years ago. That post was called, What cities could learn from Medellín.

  It’s worth mentioning that the runners-up for this year’s World City Prize were Auckland, Sydney, Toronto, and Vienna. In the case of Toronto, our “far-from-ideal transit” was specifically called out as a negative. Thankfully we are now working on road pricing, which will provide additional funding for transit. 😉

  Image by Jorge Gobbi

  2016.03.19

• A new era of (digital) globalization

  McKinsey recently published a report called Digital globalization: The new era of global flows.

  The overarching thesis is that we are transitioning to a data-driven global economy:

  “Flows of physical goods and finance were the hallmarks of the 20th-century global economy, but today those flows have flattened or declined. Twenty-first-century globalization is increasingly defined by flows of data and information. This phenomenon now underpins virtually all cross-border transactions within traditional flows while simultaneously transmitting a valuable stream of ideas and innovation around the world.”

  One of the benefits of this shift is that it has become easier for emerging economies and individuals from all around the world to participate.

  Of course, not all countries and cities are participating equally. In their report, McKinsey ranks the top cities according to five global flows. In each case a proxy was used:

  “Unfortunately, data on global flows are not available at the city level. However, we have obtained data that serve as proxies for each of our five global flows. Container port volumes approximate goods flows; airport passenger volumes serve as a proxy for goods, service, and people flows; the ranking of cities in the Global Financial Centers Index by the Z/Yen Group provides an indication of financial flows; the number of foreign-born residents in a city measures people flows; and Internet bandwidth approximates data flows.” 

  Using this methodology, they believe that the world only has 8 truly global cities right now: New York, Los Angeles, San Francisco, London, Singapore, Shanghai, Hong Kong, and Dubai. They are the colored cities listed below:

  

  I always take these city rankings with a grain of salt. This stuff is not easy to quantify and a lot depends on the methodology that you use. 

  For instance, Atlanta sits on the top of “goods, services, and people” because it has the busiest airport in the world according to passenger volume. (It’s the primary hub of Delta Air Lines.) But is that enough to assert that Atlanta is #1? Maybe. Maybe not.

  In any case, the report is packed full of information. If you’d like to take a look, click here.

  2016.03.14

• New startup wants to solve urban congestion through data and lotteries

  

  If you’re a regular reader of Architect This City, you’ll know that I’m a supporter of congestion and road pricing. Any valuable good or service, such as a road, that’s offered for all intents and purposes as free, will never be able to keep up with demand. You need to price it.

  However, the political risk associated with implementing something like this has made it such that few cities around the world have done it. London and Singapore are the two most common examples.

  The more populist solution is to simply build more roads and highways, even though study after study shows that this doesn’t work. If it did, we would have already solved the problem of traffic congestion. And we most certainly haven’t.

  Which is why I’m excited about a new startup that recently launched called Urban Engines. Their solution is twofold. It’s based on incentives and on treating people and cars in cities as sensors that feed back data into their network. Here’s a brief video. If you can’t see it below, click here.

  [youtube https://www.youtube.com/watch?v=oaCp5Tl-uAc]

  The data piece is almost a no-brainer (provided they can get the data). The more data we can collect about the way people and cars move in a city, the more they’ll be able to optimize and manage the flows. The possibilities are endless.

  But what I found really interesting is their incentives based approach. Typical road pricing methods are, one could argue, a punitive approach. As traffic increases so does the price of the road. (I like to look at it as efficient pricing.)

  With Urban Engines, their approach is the opposite: it’s to reward people–through money and lotteries–for driving during off peak times. It’s smart because selling a reward program to cities will be a lot easier than selling a new charge.

  Overall, this a great example of how startups are stepping up to solve some of our most important societal problems. For more information on Urban Engines, check out their website and this writeup on CityLab.

  2014.05.19