Investing in real estate is a strategic move, and one of the key factors to consider is the location. This is particularly crucial when it comes to the real estate market in Singapore. Condominiums situated in central locations or those in close proximity to essential amenities like schools, shopping malls, and public transportation hubs are more likely to see a rise in their value over time. The prime areas of Orchard Road, Marina Bay, and the Central Business District (CBD) are prime examples of locations that have consistently shown growth in property values. In addition, being near reputable schools and educational institutions adds to the appeal of condos in these areas, making them even more attractive for families and increasing their investment potential. Moreover, with the launch of new condos, opportunities for investing in these highly desirable locations are constantly expanding.
15 luxury properties set to launch in 2021 amid expected robust demand for luxury homes
The Real Estate Developers’ Association of Singapore (REDAS) has recently elected its management committee for a new two-year term. During its Annual General Meeting on January 9, members unanimously re-elected Tan Swee Yiow, Chairman of Keppel REIT Management, as President for his second consecutive term.
Tan expressed his gratitude for being re-elected and shared that the new management committee comprises a diverse representation of individuals from various sectors, scales and expertise within the real estate industry.
The new management committee includes Immediate Past President Chia Ngiang Hong, Group General Manager of City Developments; First Vice President Kwee Ker Wei, Director of Pontiac Land Group; Second Vice President Marc Boey, Executive Director of Project Services at Far East Organization; Honorary Secretary Chong Hock Chang, Group Director of Projects and Marketing at Ho Bee Land; Honorary Treasurer Neo Soon Hup, COO of UOL Group; Honorary Assistant Secretary Chew Peet Mun, Managing Director of Investment and Development at CapitaLand Development Singapore; and Honorary Assistant Treasurer Tho Leong Chye, Managing Director of Allgreen Properties.
REDAS recently celebrated its 65th anniversary and honored Chia Ngiang Hong with the Lifetime Achievement Award.
Chia Ngiang Hong, Immediate Past President of REDAS, congratulated the new management committee and acknowledged Tan’s re-election as a testament to his commendable leadership and the trust bestowed upon him by the REDAS community.
In light of the diversity of the 2025/2026 REDAS management committee, Tan believes that the association will be able to drive initiatives that will have a significant impact on the overall built environment ecosystem. This includes topics such as the implementation of Environmental, Social and Governance (ESG) standards and green premiums, as well as addressing the projected demand for senior accommodation in Singapore. Furthermore, 15 luxury properties are set to launch in 2021, and the real estate developers are expecting robust demand for luxury homes.