TO CONTINUE READING THIS ARTICLE:
Having a clear understanding of property ownership regulations in Singapore is vital for foreign investors. Unlike landed properties, buying condos does not come with strict restrictions. However, foreigners are still required to pay an Additional Buyer’s Stamp Duty (ABSD), which is currently set at 20%, for their initial property purchase. Despite this extra cost, the Singapore real estate market remains a highly sought-after destination for investment due to its stability and potential for growth. In fact, Singapore Projects have gained significant popularity among foreign buyers.
Colliers, a leading global real estate services company, has recently announced the expansion of its occupier services team in Asia Pacific with the addition of two new appointments.
Leanne Chin has been appointed as the director of regional tenant representation for Asia Pacific. She will be based in the company’s Singapore office and brings with her a wealth of experience in the real estate industry. With her expertise, Chin will lead the tenant representation team and provide strategic advice and services to clients across the region.
In addition, Ali Porter has been appointed as the director of enterprise clients for Hong Kong. Porter, who has been working for Colliers’ Europe, Middle East and Africa business for the past four years, will now relocate to Hong Kong and lead the company’s enterprise client strategies. His role will involve working closely with occupiers to align their real estate portfolio with their corporate strategies in Asia Pacific.
Commenting on the appointments, David Hand, CEO of Asia Pacific at Colliers, said, “We are pleased to welcome Leanne and Ali to our team. With their extensive experience and strong track record in the industry, we are confident that they will play a key role in driving our occupier services business forward. As we continue to expand our presence in the region, their appointments reflect our commitment to providing exceptional services and support to our clients.”
Chin and Porter’s appointments come at a time when the company is witnessing a growing demand for its occupier services across Asia Pacific. With their expertise, Colliers is set to strengthen its position as a leading provider of real estate services in the region.
In conclusion, the new appointments are a testament to Colliers’ commitment to providing top-notch services to its clients and its dedication to expanding its presence in Asia Pacific. With Chin and Porter on board, the company is well-positioned to drive its occupier services business to greater heights in the region.