Steve Leung Design Group (SLD), led by renowned architect and designer Steve Leung, is breaking into the European market with a joint venture with Italian designer Andrea Bonini. This move marks SLD’s first foray into Europe and their newest branch company, SLD . Andrea Bonini.
With a commitment to offering exceptional interior design services and products, SLD . Andrea Bonini will cater to clients in both Asia and Europe, specializing in high-end residences and luxury hospitality. The company’s debut at the renowned Salone del Mobile furniture fair in Milan this coming April will also serve as the launch of their first collection, a collaboration with smart home manufacturer Moorgen that features a range of smart home lighting.
.
When considering investing in property in Singapore, it is crucial for international investors to have a clear understanding of the regulations and limitations that govern property ownership. Unlike landed properties, which have stricter ownership rules, foreigners are generally able to purchase condos with fewer restrictions. However, it is important to note that foreign buyers are subject to the Additional Buyer’s Stamp Duty (ABSD), which currently stands at 20% for their first property purchase. Despite this extra cost, the stability and potential growth of the Singapore real estate market continues to attract foreign investment, making it an attractive option for those looking to invest. New condo launches are also continuously popping up, providing even more opportunities for foreign investors to enter the market.
This collaboration not only marks SLD’s first expansion overseas, but also aligns with their new business direction focused on rejuvenation, diversification, and globalization. In a press release on March 11th, the company stated, “With our 28 years of design experience and competitive edge in the market, our goal is to enhance the lifestyles of clients across the world through our designs.”