Singapore: With project galleries reopened, sales could rebound in coming months
“There were already signs that demand has returned,” says Ismail Gafoor, CEO of PropNex.
“There were already signs that demand has returned,” says Ismail Gafoor, CEO of PropNex.
The addition of these three locations will bring the number of WeWork locations in Singapore to 12 by end of this year.
Completed high-end condos that Hong Kong action-hero Donnie Yen and wife Cissy Wang were said to have visited included The Oliv on Balmoral Road, Bishopsgate Residences at the exclusive Bishopgate neighbourhood, Nouvel 18 on Anderson Road, and South Beach Residences on Beach Road.
Westbank held the global launch of JOYCE, its 256-unit landmark development in the neighbourhood of Joyce-Collingwood, Vancouver a month ago.
GuocoLand's project at Martin Place will test the resilience of the high-end condominium segment as confidence returns.
PropNex is on track to becoming Singapore’s largest real estate agency in terms of sales strength.
The government-linked company has set its sights on expanding its global footprint by designing townships and infrastructure projects.
Developers from Singapore, Hong Kong and Malaysia are rolling out global launches of their projects, ahead of punitive property cooling measures effective July 1.
The relaxation of foreign property ownership by the Singapore government and the influx of foreign direct investment into Vietnam's manufacturing and real estate have sparked a boom across all property sectors in the Indochinese country.
Ching Chiat Kwong, a former policeman-turned-serial entrepreneur and property developer, is used to taking risks. His most audacious bet by far is a 40-acre (16 hectares) regeneration scheme in the Royal Docks in east London that he purchased for £200 million in November 2013.