Property experts shared new insights on property purchase and investment at STProperty’s inaugural Seminar
Singapore, 15 October 2012 – It was an enriching and enjoyable event for potential property seekers and investors as they attended a sold-out seminar entitled "Outlook of Property Market 2012/2013 Trends, Opportunities & Pitfalls" on Saturday, 13 October 2012, at the Holiday Inn Singapore Orchard City Centre.
The well anticipated event, organised by Singapore Press Holdings' STProperty, saw an impressive turnout of over 350 participants from different age groups and professions, who were keen to equip themselves with property knowledge and insights.
Four industry experts and speakers for the day - Knight Frank's Png Poh Soon, SLP International's Nicholas Mak, Orange Tee's Tan Kok Keong and JPS Consultancy's Eunice Tan – covered current topics for identifying property opportunities and avoiding pitfalls while also addressing the latest cooling measures.
"Fundamentals are strong but uncertainty remains," said Mr Png (Head of Research & Consultancy). He spoke in-depth on the concept of shoe boxes, and their rising demand and supply. Much to everyone's excitement, Poh Soon also generously shared hot spots for shoes boxes, which included areas like Marine Parade, Geylang, Balestier and Newton.
Mr Mak (Executive Director and Head of Research & Consultancy) enriched the participants with essential information for investing in commercial and industrial properties. He also addressed concerns on the relevance of the latest cooling measures to industrial properties.
“Unlike in Singapore, cost of units in Myanmar does not increase as the floors increase. This is due to the lack of lifts in the country,” said Mr Tan (Director of Research & Consultancy), sparking laughter from the audience. He highlighted that infrastructure and facilities are among factors to consider when exploring overseas properties.
Ms Tan (Director) spoke on the pros and cons of buying a property under a company or personal name. While few were familiar with the investment strategy of using a company to buy property, Eunice revealed during the seminar that this strategy has proven to be more advantageous.
"The speakers were knowledgeable in their areas of expertise. The seminar session has provided me with information necessary for my property investment plans," said a Mr Gopal, a 41-year-old administrative executive who attended the event.
"The session has been fruitful, providing answers to questions I had prior to the seminar and useful tips as well. With the STProperty.sg app, I look forward to exploring property opportunities on my smartphone," said Mr Darren Ng, a 37-year-old engineer.
For reference to snippets of the event and topics covered, visit STProperty.sg/seminar from 19 Oct 2012 onwards.
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Issued by Singapore Press Holdings Ltd
Co. Regn. No. 198402868E
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Singapore Press Holdings Limited
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Since its arrival on the property scene in 2007, STProperty (previously ST701 Property) has quickly become the trusted website for real estate professionals and home-owners looking to buy, sell or rent property.
Conceptualised as a one-stop property services suite, our seamless platform works to effortlessly match agents and property owners for a smooth and hassle-free experience.
Backed by a comprehensive database of resources that are constantly updated, which includes authoritative news from major newspapers, property trends and insights, analysis reports from major agencies and enhanced tools such as loan and affordability calculators, STProperty remains committed in providing solutions for the property needs of our users.
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers, Magazines and Book Publishing
In Singapore, SPH publishes 18 newspaper titles in four languages. On an average day, 2.92 million individuals or 74 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology. SPH's subsidiaries, Straits Times Press and Focus Publishing, produce quality books and periodicals in English and Chinese.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 330 million page views with 18 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp, omy.sg, and The Straits Times RazorTV. SPH also launched The Straits Times’ iPad and enhanced iPhone applications, an Android smartphone application and The Business Times Weekend's iPad application. SPH's Chinese flagship newspaper Lianhe Zaobao has also launched its digital platforms which include a web application, as well as online and PDF versions.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations UFM 100.3 in Mandarin, as well as Kiss92 and HOT FM91.3 in English.
Events and Out-of-Home Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. Its latest retail development, The Clementi Mall, started business operations in 2011. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.