29 May '14, 9am

More foreign developers setting up Singapore offices - Real Estate!

A growing trend is seeing established foreign developers opening sales offices in Singapore as high property prices and prohibitive cooling measures in the city-state are continuing to drive local investors to look overseas for better investment opportunities. In the space of only a few days, UMLand from Malaysia and Australia’s Crown Group have announced their newest offices in Singapore. Other foreign players that have set up offices here in recent years include UEM Sunrise, E&O Berhad and UK property giant Berkeley Group. Strategically located at Anson Road, the 2,000 sq ft UMLand Property Galleria officially opened last Friday and showcases all of the developer’s projects in Kuala Lumpur and Iskandar Malaysia. One of its latest projects being launched to Singapore investors is Star Residences, a luxury mixed-use development consisting of high-end condominiums and retai...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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