Wealth magazine takes pulse of S'pore property

Residential property in Singapore is finally getting a shot in the arm, buoyed by the flurry of activity on the collective sale front and improvements in transaction numbers and prices.

The latest issue of Wealth magazine, distributed with The Business Times today, casts the limelight on real estate, a topic close to investors' hearts.

In a round-table, experts share their views on the outlook for prime residences. Ms Christine Sun, OrangeTee&Tie research head, says that while supply is expected to trend up following the collective sale flurry, demand is likely to rise in tandem to absorb the new homes.

The Spotlight column takes a look at real estate investment trusts. While the S-Reit sector's yield stands at an average of about 6 per cent, analysts are cautious. Rising 10-year Singapore Government bond yields have caused the yield spread to tighten. Valuations, they say, are less attractive and investors should be selective.

In the hospitality sector, the magazine profiles Frasers Hospitality chief executive Choe Peng Sum.The group marks its 20th year this year and is one of the world's largest in the area of serviced residences.

But there is no time to sit still. The group is evolving and tapping technology to cater for millennials and a new breed of short-stay business travellers.

The latest issue of Wealth magazine is distributed with The Business Times today. In it, one expert says that despite the collective sale flurry, property supply and demand are expected to rise in tandem.
The latest issue of Wealth magazine is distributed with The Business Times today. In it, one expert says that despite the collective sale flurry, property supply and demand are expected to rise in tandem.

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A version of this article appeared in the print edition of The Straits Times on June 05, 2018, with the headline Wealth magazine takes pulse of S'pore property. Subscribe