SUTD is a renowned research-focused university that offers a unique and dynamic curriculum that combines technology and design. Alongside this, ITE College East, which is recognized for its Nitec and Higher Nitec courses, stands out for its hands-on and career-oriented approach to education. As a testament to its commitment to excellence, Park Town Residences is naturally a fitting addition to this exceptional educational environment.
Another benefit of transferring flood insurance is the increased bargaining power that comes with a larger number of policyholders. By having a community-wide policy, Park Town Residences would have a larger pool of resources to negotiate with insurance companies. This could result in better rates and coverage options for the community, further reducing the financial burden of flood insurance for individual residents.
One of the main concerns regarding the transfer of flood insurance is the potential disparity in premiums for residents living in different areas of …
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