Olevia Cheong

Singapore residential property market to see an increase in foreign investment this year A recovery in prices and a better leasing environment is expected to boost foreign investment in the Singapore residential property, according to Bank of Singapore (BOS). Singapore property prices have fallen for four years, before they finally began to rise recently. This has made Singapore relatively affordable compared to Hong Kong, for instance.  “The recent bullishness in the housing market has so far been largely driven by domestic buyers. Foreign buyers seeking relative value are expected to return and kick the upturn into higher gear, particularly in the prime residential segment,” said BOS' head of strategy Eli Lee.  Foreigners bought an average of 3,600 properties per annum when the Singapore residential real estate market was bullish between 2010 and 2013. Sales started to tumble when the government imposed restrictions on foreign buyers. Property transactions...

Report: 70 % of Office Space taken up before Marina1 and Duo official launch SINGAPORE: More than 70 per cent of the office space at Marina One and Duo had been taken up before its official launch on Monday (Jan 15). Both developments by M+S, which integrate commercial, retail and office space, were launched by Malaysia’s Prime Minister Najib Razak and Singapore’s Prime Minister Lee Hsien Loong on Monday evening. M+S Chairman Azman Yahya and M+S CEO Kemmy Tan told reporters in a media briefing held before the launch that among the 70 per cent already leased out in Marina One, some of the occupants are tech giant Facebook, ride-hailing company Grab and financial institutions like Bank Julius Baer, Prudential and Mitsubishi UFJ Financial Group (MUFG). Duo’s 570,000 sq ft of Grade-A office space has companies like Abbott Laboratories, Chevron and Mastercard as its tenants.  Ms Tan said there was a trend of tech companies ...

Dear friends and contacts, I have put together a list of all the various projects (condominiums/ landed houses) marketed by my company - Orange Tee and Tie. Edmund Tie and Orange Tee announced the merger of the two companies on 28th October last year, and the new company name is Orange Tee & Tie with Orange Tee having more agents in their company. So, we are now able to offer many new projects (condominiums/landed houses), providing you all the relevant information you need pertaining to the following projects. D1 - Marina One Residences 21 Marina Way Commercial / Residential  Price: Fr $2.481Mil, $2,175psf D2 - Wallich Residence 3 Wallich Street Residential Highrise Price: Fr $2.039Mil, $2,901psf D3 - The Crest 101 Prince Wales Crescent Residential Highrise Price: Fr $1.803Mil, $1,738psf D4 - Seascape at Sentosa Cove 55 Cove Way Residential Highrise Price: Fr $6.596Mil, $2,726psf D4 - Reflections at Keppel Bay Keppel Bay View ...

Singapore property market rebound may extend through 2019 Analysts believe the four-year slump that has plagued Singapore’s property market may have come to an end as private home prices rose for a second consecutive quarter in the period ended-31 December. In fact, analysts at Credit Suisse expect home prices to grow by as much as 10 percent in 2018, while OCBC Investment Research and Morgan Stanley expect an eight percent hike, reported Bloomberg. Data from the Urban Redevelopment Authority showed that prices increased one percent in 2017 compared with a 3.1 percent drop in 2016. Developer valuations also continued to be attractive, said Credit Suisse. The firm named UOL Group Ltd – one of two developers considered by OCBC with the best prospects – as its top pick due to its high exposure to the city-state as well as its residential market. City Developments Ltd, on the other hand, emerged as the favourite of Morgan Stanley and one of OCBC’s best picks. Credit Suisse e...

Singapore  The Global City As the new heart of Asia, Singapore is renowned for a quality of life and an exceptional work environment. Diverse and cosmopolitan, yet with the security and political stability of a modern, thriving economy; Singapore is the perfect blend of Asian roots and a Western outlook, where culture and history are effortlessly integrated with innovation and progress. Now ranked as the No. 1 city in the world with the best investment potential* and voted as one of the world's most liveable cities **, Singapore's strategic location makes it a global hub for business and tourism with a world-class finical, healthcare, transportation, and logistics infrastructure backbone. Adding to the character of the city is its reputation as the culinary capital of Asia, with the renowned Michelin Guide producing Singapore's first list of Michelin-starred restaurants in 2016. As the gateway to Asia, Singapore's reign as the leading business, lifestyle ...