For Singapore, rejuvenating her building stock at a constant pace
means living up to her image as an ultra-modern city-state where
stable growth and high efficiency are of paramount importance.
The national development agenda pushes for continual growth, and
is dependent on an economy that functions on compound interest.
Its constant demand for new tangible objects that can be mortgaged,
sold, or leased, calls for a rapid replacement that ends the
lifespans of many buildings prematurely. Existing conservation
schemes have not been designed to counter this trend on the level
of Singapore's overall building stock.