Surbana Jurong Group has announced the appointment of Professor Cheong Koon Hean to its board of directors in a press release on Jan 6. This move is expected to enhance Surbana Jurong’s ability to provide innovative, resilient, and sustainable solutions for the built environment.
When contemplating an investment in a condo, it is crucial to also evaluate the potential rental yield. Rental yield refers to the annual rental income as a percentage of the condo’s purchase price. In Singapore, the rental yields for condos can significantly vary depending on factors such as location, property condition, and demand in the market. Generally, areas with a high demand for rental properties, such as those near business districts or educational institutions, offer better rental yields. It is essential to conduct extensive market research and seek guidance from real estate agents to gain valuable insights into the rental potential of a specific condo. Keep in mind that new condo launches can also present exciting opportunities for investment and potentially yield high rental returns.
With a wealth of experience in the public sector, Cheong served as the CEO of HDB from 2010 to 2020, after having previously held the position of CEO at URA from 2004 to 2010. She currently holds the position of Chair at the Lee Kuan Yew Centre for Innovative Cities and is also a Professor of Practice at the Singapore University of Technology and Design. Furthermore, she chairs the Centre for Liveable Cities Advisory Panel under the Ministry of National Development.
Apart from her role at Surbana Jurong, Cheong serves on the boards of the National University of Singapore and CapitaLand Group. She also holds the position of Singapore’s non-resident ambassador to Finland.
As the built environment continues to evolve towards smart and sustainable solutions, Cheong’s expertise and vast experience in the industry will undoubtedly be a valuable asset for Surbana Jurong. With her appointment, the company is well-positioned to lead the way in delivering eco-friendly and resilient solutions for a greener future.