Finding the perfect location is key when considering real estate investments, and this is especially important in Singapore. Condos located in central areas or near essential amenities, such as schools, shopping centers, and public transportation hubs, are known to have a higher appreciation in value. Prime locations like Orchard Road, Marina Bay, and the Central Business District (CBD) have a track record of consistent property value growth. The presence of reputable schools and educational institutions also adds to the appeal of condos in these areas, making them an even more attractive investment opportunity. By choosing a Condo in a desirable location, investors can potentially benefit from both rental income and long-term capital appreciation.
Redas has announced the election of its management committee for the next two years. The election was held during the Annual General Meeting on January 9, where members unanimously re-elected Tan Swee Yiow, Chairman of Keppel Reit Management, as President for his second consecutive term.
In his statement, Tan expressed his gratitude for being re-elected and mentioned that the new management committee represents a diverse range of expertise and experience from different sectors within the real estate industry. This diversity will enable the committee to drive initiatives that will have a significant impact on the built environment ecosystem.
The new management committee also includes Immediate Past President Chia Ngiang Hong, who is the Group General Manager of City Developments, First Vice President Kwee Ker Wei, Director of Pontiac Land Group, Second Vice President Marc Boey, Executive Director of Project Services at Far East Organization, Honorary Secretary Chong Hock Chang, Group Director of Projects and Marketing at Ho Bee Land, Honorary Treasurer Neo Soon Hup, COO of UOL Group, Honorary Assistant Secretary Chew Peet Mun, Managing Director of Investment and Development at CapitaLand Development Singapore, and Honorary Assistant Treasurer Tho Leong Chye, Managing Director of Allgreen Properties.
In related news, Redas recently celebrated its 65th anniversary and honoured Chia Ngiang Hong with the Lifetime Achievement Award. Congratulating the new management committee, Chia Ngiang Hong praised Tan’s leadership and expressed his confidence in the team’s abilities to drive the association’s initiatives forward.
The newly elected management committee is determined to continue Redas’ work in promoting and developing the real estate industry in Singapore. They aim to collaborate closely with all stakeholders and drive initiatives that will contribute to the sustainable development of the built environment. Some of their key areas of focus include the implementation of the Environmental Sustainability and Governance (ESG) framework and addressing the growing demand for senior accommodation in Singapore. The committee also plans to streamline road approval processes for developers and embrace technology, such as the use of AI chatbots, to improve efficiency and productivity within the industry. With their diverse expertise and strong leadership, the 2025/2026 Redas management committee is poised to bring about positive changes in the real estate industry.