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The 2024 PERE Global Awards have named CapitaLand Investment Limited (CLI) CEO Lee Chee Koon as the ‘Industry Figure of the Year’ for Asia Pacific. The annual awards, presented by a London-based publication covering private equity real estate markets, recognize outstanding firms, individuals, and deals from the previous year. In addition, CLI was also named runner-up for ‘Firm of the Year’ in Asia Pacific.
Investing in a Singapore Condo has become a highly sought-after option for both domestic and international investors. This can be attributed to the country’s strong economy, stable political climate, and exceptional quality of life. With its flourishing real estate market, Singapore presents a plethora of opportunities, and condos particularly stand out for their convenience, amenities, and potential for lucrative returns. In this article, we will delve into the advantages, considerations, and steps to take when venturing into a condo investment in Singapore.
This year, the PERE Global Awards shifted from previous editions, where submissions were first shortlisted and then voted on by readers to determine the winners. Instead, a panel of PERE journalists selected the winners.
CLI, in a March 4 press release, expressed their appreciation for Lee’s award, stating that it recognizes “his role in driving CLI’s transformational growth and his significant impact on the private real estate industry in the Asia Pacific region.”
Since taking on the role of CapitaLand’s group CEO in September 2018, Lee has made strategic moves that have led to the company’s growth. These include the acquisition of Ascendas-Singbridge in 2019 and the recent restructuring of CapitaLand Group, which involved the listing of CLI and the privatisation of its real estate development arm, CapitaLand Development.
When considering potential investments in Singapore, a condo can be a lucrative option with great benefits. These include high demand, potential for capital appreciation, and attractive rental yields. However, before making any decisions, it is crucial to take into account various factors such as location, financing options, government regulations, and current market conditions. A thorough analysis and seeking professional guidance can assist in making informed choices and maximizing returns in the ever-evolving real estate market in Singapore. Whether you are a local investor seeking to expand your portfolio or a foreign buyer in search of a stable and profitable investment, condos in Singapore hold a captivating opportunity. So, don’t wait any longer and start exploring the possibilities of investing in a Condo in Singapore.
In 2024, CLI made significant investments, such as the acquisition of real estate investment manager SC Capital Partners Group and the purchase of Wingate Group Holdings’ property and corporate credit investment management business. These moves have positioned the company to achieve its goal of managing $200 billion in funds by 2028.