01 Aug '16, 3am

Boutique developer eyes Catalist listing #SingaporeProperty #RealEstate #PropertyNews

Boutique developer Propspur Holdings is eyeing a listing on the Singapore Exchange Catalist board in the next 12 to 18 months, as the firm seeks to expand its pipeline of projects in the United States, Asia and Australia. The firm was set up by chief executive Tin Chew and managing director Benjamin Song in April this year. Mr Chew, a former fund manager, and Mr Song, a civil engineer, were part of a group of investors who bought and sold real estate in the US after the sub-prime mortgage crisis in 2009. The two men got together again in 2013 to tap growth opportunities in niche markets in America and established Propspur this year. "We feel that the US has more or less recovered and is on the uptrend. We are very bullish about the market. The pent-up demand and the fundamentals have improved," Mr Chew told The Straits Times at Propspur's new office at Suntec Tower Three. ...

Full article: http://www.srx.com.sg/singapore-property-news/22142/bouti...

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