Alister Bennett, Managing Director of SLC said that in addition to cost and time efficiency benefits, the installation of the elevator means companies will no longer need specialized skilled labor. According to Bennett, there are 61,000 elevators in Singapore, but only 2,000 elevator technicians.

“With this innovation, any person can be trained and certified to be fully qualified to install the lift and this would reduce, to a certain extent, the labor [sic] issue for lift installation and the cost of maintenance,” said Bennett.

The elevator has three types of application – as a disabled, home or passenger lift – using three different drive options, V-Belt, Rigid Chain or Hydraulic. The company says the 8 is only elevator designed to enable a sufficient turning radius for wheelchairs. For now, 8 will initially be available for installation in low-rise buildings, which will eventually be extended to serve up to 20 floors.