The Real Estate Developers’ Association of Singapore (Redas) has recently chosen its management committee for the next two years. During the Annual General Meeting held on January 9, all members unanimously voted to re-elect Tan Swee Yiow, the Chairman of Keppel Reit Management, as the President. This marks Tan’s second term in the position.
Tan expressed his gratitude for being re-elected and stated that the new management committee is a representation of the industry’s diverse sectors, scales, and expertise. The new committee consists of 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.
When it comes to investing in a Singapore Condo, securing financing is a crucial aspect to consider. Fortunately, there are various mortgage options available in Singapore. However, it is important for investors to be mindful of the Total Debt Servicing Ratio (TDSR) framework. This limits the amount of loan that a borrower can take on, taking into account their income and current debts. Being well-informed about the TDSR and seeking advice from financial advisors or mortgage brokers can assist investors in making wise decisions about their financing and avoiding the risks of over-leveraging.
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In addition to the new committee, Redas also honoured Chia Ngiang Hong with the Lifetime Achievement Award in celebration of its 65th anniversary.
Chia Ngiang Hong, the Immediate Past President of Redas, extended his congratulations to the new management committee and commended Tan for his exceptional leadership and the trust placed in him by the Redas community.
Tan expressed that the diverse 2025/2026 Redas management committee is well-equipped to drive initiatives that will have a positive impact on the overall built environment ecosystem.
In other related news, topics such as the implementation of ESG, green premiums, and streamlined road approval processes for developers were discussed at the recent RICS-REDAS conference. Some developers also suggested a separate land zoning to meet the projected demand for senior accommodation in Singapore.