Smart Parking, a smart solution..

Smart Parking against other mechanized parking system

Small foot print: Smart Parking only required about 6.5 x 5 m (about 32sqm) footprint.
Based on the 4 layer configuration proposed, Club Street’s system would need at least 35 ground parking
lots for the 140 lots proposed. If you deploy 14 sets of our SM10L side by side, there will be 140 lots available
yet it only takes up 24 - 26 physical parking lots space. With the same 35 parking lots foot print, it is possible
to deploy 17 sets of our SM10L thereby catering to 170 parking lots in the same proposed area.

Multiple parking entry points:The Club Street’s system has only 3 entry points and 1 exit point and
may result in potential traffic congestion. But with our 14 sets deployed side by set, there would potentially
be 14 Entry/ Exit at any one time. This would result in better traffic flow at the entrance and exit. In fact,
our independent units may be positioned appropriately to allow access from different direction. If needed be,
it may be possible to allow entry from the front and then exit from the back – like a drive through concept
for better traffic flow planning.

Significant cost savings: It was reported that the LTA’s system cost about S$10m (a more recent repor
t states that it is about S$6.2 million) and traditional multi storey car park for 140 lots would probably cost
about S$ 7million. We believe that it may be possible to deploy 14 sets of our SM10L system at only S$
5 million or lesser - translating to huge capital savings.

Scalable: Smart Parking is highly scalable and can be deployed in phrases. Depending on actual demands
for parking capacity, it is possible to add on more units of Smart Parking as and when needed. This unfair
advantage is not possible with other large scale mechanized parking system or MSCP, where you need to
cater to current and future capacity upfront. Smart Parking’s scalability freed up valuable capital for other uses.

Quick deployment: Excluding the cabling and foundation civil work timing, it only takes about 5-7 days for us
to deploy 1 set of our car parking system. Moreover, it is relatively easier to dismantle and redeploy our system
as compared to other complicated Software controlled Mechanised parking system like the Club Street’s system.
Therefore, our system would result to lesser down time and are operational faster too.

Good investment and easy maintenance: Our system can last for 15 - 20 years with proper monthly
maintenance and a 5 yearly paint job to maintain the outlook.

Straight forward system: Smart Parking is a very straight forward mechanical system without heavy reliance
on computer software. Software becomes obsolete quickly and more cost will be incurred for future software
upgrades. A good example will be the system deployed in Thomson Medical Centre which is known to be prone
to system failure.

Independent operation: Each of our system operates independently. If we wired the electricity cables to each
SM10L in parallel, it is unlikely for all Smart Parking systems to be down at the same time. Unlike the proposed
computer control system in Club Street, or the system in Thomson Medical Centre, any major software or
mechanical glitch could potentially jammed up the entire system.

Flexibility in relocation if necessary: Our systems are very flexible. Since each system only takes up 2 car
park lot's footprint. Instead of finding an equally large land area for relocation of the Club Street’s system, it is
possible to deploy our compact systems in different small pockets of land spaces all over the Singapore.
This would allow for better planning and utilization of valuable land space.

Precision Deployment: Due to the very small footprint of our system, it is possible to deploy Current Smart
Parking in a very small plot of land. Instead of building a large MSCP or use similar system like that of Club
Street’s system to serve a larger area, it may be more spot on to deploy Current Smart Parking or in smaller
cluster group at a particular car park where capacity needs to be increased. It would solve the parking problem
where it is necessary. Doing so should free up more valuable open spaces for other communal purposes too.

Minimal disruption in deployment: Building a MSCP typically requires closing down the entire area for
many months. However, with the quick deployment time and independence of the system, the disruption should
be relatively contained and confined. Once a Current Smart Parking is deployed and commission, it can be used
immediately. This flexibility allows us to open up the extra parking spaces created in stages and progressively.
Building a MSCP will never offer that convenience, and the construction area would definitely be a lot noisier
and messier too. We only need about 2-3 weeks to prepare the foundation, and only 5 physical days to erect
a Smart Parking system.

Summary: Given the ever increasing cost of traditional building material, we believe that Current Smart Parking
system is a real alternative to MSCP. The unfair advantages of our system; scalability, flexibility, space efficiency,
small footprint and ease of use should translate to a quick fix with medium to long term benefits to existing and
future parking problem for Singapore.