PropertyGuru News and Views Issue 119

Oxley leapfrogs CDL as Singapore’s largest developer
Oxley Holdings has surpassed City Developments Limited (CDL) as the city-state’s biggest property developer in terms of...

 

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The recent PropertyGuru Asia Property Awards (Singapore) 2017 recognised the country’s best developers and real estate projects, with a total of 26 awards given out during the prestigious event held at Marina Bay Sands on 7 November.

GuocoLand was named the country’s Best Developer, while Oxley Holdings’ executive chairman and CEO Ching Chiat Kwong was named the 2017 Singapore Real Estate Personality of the Year by the editors of Property Report magazine. In an exclusive interview, he shared what receiving this award means to him.

The other big winner was Best Condo Development (Singapore) awardee High Park Residences, which won over the judges for its affordability and focus on young families. Located in Sengkang’s Fernvale area, the new condo is among several major projects to launch there in recent years. Turn to page 6 to see what all the hype is about.

As we near the end of the year, we also look back at the trends that shaped the property market in 2017, and give a small hint as to what to expect next year.

Outside of Singapore, Japan is expected to be a key market for foreign investors in 2018. On page 14, we explore investment opportunities in Osaka, Japan’s third-biggest city, which offers lower property prices compared to Tokyo and good rental growth.

We hope you enjoy this issue!

Cover Story: From policeman to property developer

Guru View: Temporary blip in HDB resale transactions, dwindling first-timer demand

Eye on Fernvale: The new kid on the block

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