Singapore has established itself as a top destination for real estate investments, and one property that has caught the attention of both local and foreign investors is the condominium. With its strong economy, stable political climate, and luxurious standard of living, Singapore offers a promising environment for property investments. Among the various real estate options, condos have emerged as a popular choice due to their convenience, amenities, and potential for high returns. As such, many investors are turning towards Singapore projects, and in this article, we will delve into the advantages, factors to consider, and essential steps to take when investing in a condo in Singapore.
In a significant development, the longstanding dispute in City Developments Limited (CDL) has been resolved. Executive Chairman Kwek Leng Beng has decided to drop the legal cases against his son and group CEO Sherman Kwek and two newly appointed independent directors, Jennifer Duong Young and Su Yen Wong. The decision was made in the best interest of the real estate conglomerate and its stakeholders. Both Kwek Leng Beng and Sherman Kwek, along with the two independent directors, have agreed to put their differences aside and work together for the greater good of CDL. This move shows a commitment towards strengthening CDL’s business and maintaining good corporate governance now and in the future. They will continue to focus on completing ongoing developments, expanding the group’s brands, and maximizing returns for shareholders.