When buying a Condo, it is essential to consider the responsibilities and upkeep involved. In most cases, owning a Condo also means paying maintenance fees to cover the costs of maintaining shared spaces and amenities. Although these fees may add to the overall cost, they provide assurance that the property will be kept in good condition and retain its value. Utilizing the services of a property management company can help investors in managing the day-to-day tasks of their Condo, making it a more hands-off investment.
When it comes to investing in condos in Singapore, one must consider the government’s property cooling measures. Over time, the Singaporean government has implemented various measures to regulate speculative buying and maintain a steady real estate market. These measures include the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes for foreign buyers and those purchasing multiple properties. Although these measures may affect the immediate profitability of condo investments, they ultimately contribute to the market’s long-term stability, creating a secure environment for investments. Check out Singapore Projects for more information on available investment opportunities.
JLL, a leading real estate consulting firm, has announced the appointment of James Cameron as the new head of energy and infrastructure for Asia Pacific in its capital markets division. This newly created position, based in Singapore, will support the firm’s goal of building a stronger presence in the region.
Cameron brings with him over 25 years of experience in real asset capital markets, having previously served as the global head of commercial real estate at Standard Chartered Bank. He will be responsible for establishing a specialized team in Asia Pacific, complementing JLL’s existing EMEA Energy & Infrastructure division and creating a global capital advisory capability to better serve local and international developers and investors.
The firm believes that Cameron’s appointment is in line with the long-term capital requirements necessary for the infrastructure and renewable energy build-out needed to address the challenges of decarbonization, digitalization, economic growth, and rapid urbanization.
According to Stuart Crow, CEO of JLL Asia Pacific’s capital markets division, there is a significant opportunity to leverage the firm’s expertise in mobilizing various sources of capital and its strong track record in advising on renewable energy transactions globally to serve clients in the energy and infrastructure sector in Asia Pacific.
Cameron will work closely with JLL’s capital markets, investment banking, and debt advisory teams across the region to focus on identifying capital raising and transaction advisory opportunities for large infrastructure and renewable energy projects. This includes serving institutional investors, private equity firms, asset managers, strategic infrastructure and renewable energy operators and developers, high net-worth individuals, and family offices.
Crow is confident that Cameron’s extensive experience in this field will solidify JLL’s leadership position in the region and strengthen their client relationships.