TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

SINGAPORE PROPERTY Commercial Redevelopment Fuels Luxury

Category: Real estate, Posted:18 Mar 2010 | 06:00 am

Given the surge in Asia's property markets Singapore is experiencing a phenomenon with CBD (central business district) properties being converted into luxury residential back of continued demand.
In a growing urbanization of real estate older commercial properties which seen seen rents falling are now being redeveloped into upscale homes to tap into a ramped up market. As the city state continues to develop critical mass for project such as the Marina Bay Financial district, this creates vacancy rates in aging building which forces developers to shift business models.
While during the recent GFC (global financial crises) many institutional investors flocked to steady yield income investments and stabilized returns such as commercial; the property demand remains an increasingly attractive high profit proposition.
Despite warnings in Hong Kong, China and elsewhere of a new property bubble for now residential property remains the flavor of the moment.

Other News

Read more

Thai Domestic Tourism Subsidy Returns

Category: Hotels|Tourism, Posted:29 Jan 2023 | 15:24 pm Thailand’s “We Travel Together” domestic tourism economic stimulus subsidy will return for a 5th time from February to August 2023. The government has agreed to a THB3.95 billion budget and will cover 40% of hotel room rates but not exceed THB3,000. Only Thais are eligible, with a maximum of 5 nights. They will also receive […]
Read more

Thaiger Cage Hospitality Digital Pitch Event To Debut at Thailand Tourism Forum 2023

Category: Hotels|Tourism, Posted:26 Dec 2022 | 13:48 pm Leading Thai digital media outlet The Thaiger is launching a new start-up technology pitch event ‘The Thaiger Cage’ on 16th January 2023 at the Conrad Bangkok. It is a special prequel to the Thailand Tourism Forum (TTF) 2023, now in its twelfth year and widely considered to be the country’s leading annual hospitality event The […]
Read more

Could Thailand’s Southeast Coastal Gem Khanom Be The Next Koh Samui?

Category: Real estate|Tourism, Posted:23 Dec 2022 | 12:26 pm The search for the next big resort destination in Thailand is an absolutely big ask. An expansive country with 77 provinces and an amazing array of diverse geographical locations, Instagram-worthy aspects, and distinctly different nuances. Out of this brazen travel chaos, the endearing term ‘same same, but different’ was born and remains highly relevant. Yet, […]
SiaJai logo

Thailand's Leading Homecare Marketplace