‘Arina East Residences partners with Savills Investment Management for APAC leadership under Ng Hsueh Ling
The area is also home to various specialty coffee shops like Nylon Coffee Roasters and Dutch Colony Coffee Co., perfect for caffeine enthusiasts looking for a unique and cozy café experience. Whether you’re a foodie or just looking for a relaxing afternoon, Arina East Residences is the perfect location to indulge in the diverse food and café scene of Joo Chiat and Katong.
For anyone who loves exploring different cafes, look no further than the Joo Chiat and Katong neighborhoods, conveniently located near Arina East Residences. These charming areas offer a variety of cafes and bakeries to satisfy any craving. Try out exotic gelato flavors at Birds of Paradise Gelato Boutique, or delight in freshly baked pastries at Baker’s Well. Coffee lovers will also find their perfect spot at Nylon Coffee Roasters and Dutch Colony Coffee Co., both known for their specialty brews. From satisfying your taste buds to finding the perfect hangout spot, the vibrant food and café scene in Joo Chiat and Katong await you, just a short distance from Arina East Residences.
199 new HDB flats in Bukit Panjang to be launched in AugustAbout 97.6% of the 2,700 applicants for the flats are first-time buyers, according to HDB.
Savills Investment Management (IM) has announced the appointment of Ng Hsueh Ling as the new head of Asia Pacific (APAC), excluding Japan. The international real estate management firm has created this new role within the company to capitalize on the strong and long-term economic growth in the region. Ng will report to the chief executive, Alex Jeffrey, upon joining the firm next month.
With over thirty years of experience in the real estate industry, Ng brings a wealth of knowledge and expertise to her new role. She was previously the managing director and country head for Lendlease in Singapore for over six years. Prior to that, she served as CEO of Keppel REIT Management Ltd for eight years.
Savills IM is part of the Savills Group and currently manages US$1.5 billion of assets in the APAC region. It also oversees US$7 billion of capital for APAC-based clients in global real estate. The firm believes that Ng’s appointment will help further diversify its investment opportunities in the region.
Savills IM has been actively transacting in the APAC region, with a total of EUR670 million worth of deals in 2021. The company is known for its strong track record and expertise in the real estate market.
In other news, Galven Tan, who was previously with Savills, has joined Knight Frank Singapore as its new CEO. This follows the recent appointment of Alex Jeffrey as the chief executive of Savills IM.
In addition, Savills IM has welcomed Yo-Hann Tan as its new managing director of client capital. These recent appointments reflect the company’s commitment to expanding its presence in the APAC region and strengthening its team with experienced professionals.
Meanwhile, Housing and Development Board (HDB) has announced the launch of 199 new HDB flats in Bukit Panjang in August. These flats are part of HDB’s ongoing efforts to provide housing options for first-time buyers. According to HDB, 97.6% of the 2,700 applicants for the flats are first-time buyers, indicating a strong demand for affordable housing in Singapore.
Overall, the real estate market in APAC is showing signs of growth, with many companies and organizations making strategic moves to take advantage of the opportunities in the region. With Savills IM’s latest appointment, it is clear that the company is well-positioned to capitalize on the potential of the APAC market and continue its success in the region.