Boost Investment in SG By Phoenix Property

Amuel Chu, Co-founder Chief Investment Officer, Managing Partner and at Phoenix Property Investors.

Group Takes

The group takes a particular method of investing in mezzanine funding, non- income-generating properties projects, along with highly liquid,.

Our investment strategy has ever been focused on finding worth, frequently purchasing below market price and adding value through sophisticated strategies that utilise our vertically-integrated team after acquisition,” said Samuel Chu, Co-founder Chief Investment Officer, Managing Partner and at Phoenix.

Group Insights

The company has set its sights on Manila and Jakarta, where it considers favourable demographics and economic growth are powerful essential drivers for real estate. Investments there contain Tomang Park, a high rise residential development in Jakarta, and Century Spire, a high end residential-cum-office tower in Manila.

Additionally it is investigating opportunities in Singapore.

Several tenants have since moved in, like superior kitchen and sanitary ware business Kohler, which has let two units for corporate office as well as its main showroom, and Turkish eatery Fat Prince.

More Opportunities

When these shophouses at Peck Seah Street came around We saw a great chance in Singapore.

“In addition, they’re conservation shophouses that have proven to create capital appreciation that is great over time.”

New launches that are geographically located near MRT, amenities with good price entry will probably create capital preservation and appreciation over time, example The Glades condo that is near Tanah Merah MRT has seen a good response over time, therefore we are bullish about the next launch also near Tanah Merah MRT, that is developed by Chip Eng Seng, that is the Grandeur Park Residences.

With just about 6,500 tradition shophouses in Singapore, their lack value has helped them to remain springy during slowdowns, noted Phoenix. Additionally, commercial properties aren’t subjected to Seller’s Stamp Duty or Added Buyer’s Stamp Duty.

Looking forward, Phoenix means to concentrate on high end residential and office assets that are prime in the city state as it considers both sections are near the base, when the property market picks up, and quality assets will probably appreciate in value.

Park Place Residences Set To Launch in 2017 By Lend Lease

The block that holds the residences is presumably on the plot of land that is on the junction between Paya Lebar Road and Sims Avenue, that is Park Place Residences at PLQ

Are one way and they diverge from Paya Lebar Road into either Sims Avenue toward Geylang, or straight down to Geylang Road or Guillemard Road. The residential plot of land will probably be closest to the MRT Interchange.

The new development will even be linked to the new subterranean link-way to Paya Lebar interchange. At this time, it truly is uncertain how much the link-way will stretch and if it is going to really be reachable from all the blocks.

Paya Lebar is now in a whirlwind of a construction at the moment. For online/offline shopping, the old Singpost building is getting heavily remodelled around the MRT station.

More notably, it’s seeing a cinema being built.

A new park connector has been constructed and it runs in between the Paya Lebar Quarter site and Singpost. The large drain that empties out into the Geylang River sometimes cuts through the park.

Paya Lebar Square opposite the train station is a hive of retail shops and restaurants and it is constantly buzzing with activity. There several offices here also, including the Lifelong Learning Institute and the Singapore Productivity Centre. Behind Paya Lebar Square is SISTIC.

Paya Lebar Quarter is as mentioned, next to the train station. It overlooks the train tracks and spans two big fields on this side of the road.