This collaboration opens up new pathways for Korean investors to explore alternative asset classes that offer diversification beyond traditional markets.
NH I&S and Alta Exchange will also explore the use of blockchain technology to enhance the liquidity and efficiency of financial markets through asset tokenization
NH Investment & Securities (NH I&S)), one of Korea’s largest investment and securities firms, has signed a Memorandum of Understanding (MOU) with AltaX (Alta Exchange), Asia’s leading digital securities exchange for alternative assets, bridging North and Southeast Asia’s fast-growing markets for alternative investments.
From Left to Right: Kelvin Lee, Group CEO of Alta Group, and Yoon Byoung Un, CEO at NH Investment & Securities.
This landmark partnership will also see NH I&S joining as a member firm of Alta Exchange.
The MOU between NH I&S and Alta Exchange will seek to explore the use of Alta Exchange’s blockchain-powered exchange to enhance the liquidity and efficiency of financial markets through asset tokenization. As a member firm, NH I&S will gain the ability to list investment opportunities on Alta Exchange, adding to Alta Exchange’s growing inventory of globally-sourced alternative assets.
NH I&S investors will benefit from exclusive access to Alta Exchange’s curated selection of investment opportunities, including global private companies, private equity credit funds, and unique real assets such as rare whisky and wines. These opportunities, traded on Alta Exchange’s digital securities exchange, are tailored for high-net-worth individuals, institutional investors, and family offices, offering a diverse range of options across alternative asset classes.
As NH I&S joins Alta Exchange’s existing partners such as Singapore-based broker Phillip Securities, corporate finance firm PrimePartners and investment bank Evolve Capital, this partnership also reflects Alta Exchange’s expanding investor network and investment opportunities to firms from overseas.
Representatives from Alta Group and NH Investment & Securities pose for a group photo following the signing of the MoU
Bringing Liquidity and Accessibility to Korean Investors This collaboration opens up new pathways for Korean investors to explore alternative asset classes that offer diversification beyond traditional markets. Furthermore, Alta Exchange’s technology-driven approach to alternative investing helps unlock liquidity, allowing for greater flexibility in the management and trading of these unique assets.
“We are excited to partner with NH Investment & Securities, a leader in Korea’s financial landscape, to bring our portfolio of global alternative investment opportunities to Korean investors,” said Kelvin Lee, Group Chief Executive Officer at Alta Group. “Our collaboration aims to democratize access to high-quality alternative assets, giving NH I&S’ clients the tools to invest confidently in private markets, while also enhancing liquidity and transparency.”
Expanding Access to Global and Regional Opportunities
Yoon Byoung Un, Chief Executive Officer at NH Investment & Securities, said “This partnership represents a bridge between South Korea and Southeast Asia, two dynamic markets for alternative investing. For NH I&S, the collaboration with Alta Exchange offers the potential to list and promote regional opportunities to its network of investors, while also introducing its clients to unique global assets sourced through Alta Exchange’s expansive network. With Southeast Asia emerging as a hub for private market growth, the partnership provides NH I&S with a strategic entry point into the region, allowing its investors to explore new opportunities in one of the world’s most exciting alternative investment markets.”
About Alta Exchange As the leading licensed digital securities exchange for alternative investments in Asia, we are building critical capital market infrastructure backed by some of the most active securities brokerages and bookrunners on the Singapore Exchange – Phillip Securities, PrimePartners and Nomura Holdings (Japan).
Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.
Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies and wines, to include fund management and digital custody.
About NH Investment & Securities NH Investment & Securities is one of South Korea’s largest investment and securities firm, offering a broad range of investment services, including wealth management, asset management, and brokerage. As part of the NongHyup Financial Group, NH Investment & Securities benefits from strong agricultural sector roots and solid backing from one of South Korea’s largest cooperative group. On the back of the pan-NongHyup group with more than KRW 200 trillion of asset under management, NHIS is enhancing its industry market presence and reputation.
Top-tile League Table: NHIS ranked the first and second in DCM and ECM as of the end of 2023 to maintain its top-tier position of investment banking, providing advisory and financing services for mergers, acquisitions, and corporate restructuring, with robust client network.
Growing Global Channels: Going global by establishing its presence in New York in 1992, NH Investment & Securities has built a network of eight locations across seven countries as of the end of 2023. While its global operations initially focused on stock brokerage, this has evolved to successfully establish a global business portfolio encompassing IB, overseas bonds, global product sourcing, and overseas stock brokerage.
For media inquiries, please contact: PRecious Communications, on behalf of Alta alta@preciouscomms.com
SGX-listed Straits Trading partners Alta for its real estate opportunity, FIR-ST™, a fractionalised investment that provides access to prime private properties in Singapore without the need for hefty upfront expenses.
FIR-ST™ aims to provide its investors with stable returns and potential capital appreciation of a property over the tenure of an opportunity.
Straits Trading to tap on Alta’s global investor network for prime real estate opportunities.
Can investments in Singapore’s private property space be as easy as buying shares? FIR-ST™ (Fractional Investment in Real estate – Straits Trading), a new investment opportunity developed by Straits Trading (STC), a conglomerate-investment company with operations and financial interests in resources, property, and hospitality, seeks to do so.
Known as one of the first companies to list on SGX, Straits Trading initiated the FIR-ST™ scheme, which makes investments in prime private property space in Singapore. Under this collaboration with STC, Alta has established a fund to provide investors easy access to FIR-ST™, which aims to confer economic benefits akin to property ownership in Singapore without the hassle of upfront payments and paperwork.
The projected growth rate for Singapore’s real estate market in 2025 is estimated to be around 4.5%, driven by strong demand in both residential and commercial sectors. According to PropNex Research, sales activity in Singapore’s landed homes market remained resilient in 1H 2024, with 681 transactions totalling $3.7 billion, outpacing the previous half-year. Despite high interest rates and market uncertainties, buyers continue to show strong demand, driving prices upward. The Good Class Bungalow (GCB) segment also saw increased activity, with nine high-value deals totalling $219 million.
What is FIR-ST™? The FIR-ST™ scheme introduces a new and innovative way to participate in the real estate market with fractionalised investing. Investors in FIR-ST™ may access economic benefits like owning a property in prime areas found in District 10 in Singapore. This innovative model provides investors with a unique opportunity which may allow them to partake in the upside of property ownership without the burdens of landlord responsibilities, property acquisition, additional buyer’s stamp duty, or cumbersome paperwork, as well as a market-adjusted dividend. Operational costs are seamlessly managed by Straits Trading, ensuring a hassle-free investment experience unparalleled in the industry.
“Real estate remains a steadfast choice for investors aiming to strengthen their portfolios. With FIR-ST™, our partnership with Straits Trading breaks new frontiers in property investment, making exclusive opportunities and tangible economic benefits accessible through fractional investing. It’s a game-changer for those seeking a flexible and innovative way to grow their portfolios,” said Benjamin Twoon, Chief Commercial Officer at Alta Alternative Investments.
Eric Teng, Group Chief Operating Officer, Straits Trading added, “We are pleased to partner with Alta to introduce FIR-ST™. FIR-ST™ provides investors with a unique opportunity in fractional investment that mimic the experience of buying a physical property with potentially stable returns and upside over time.”
About Alta
As the leading licensed digital securities exchange for alternative investments in Asia, we are building critical capital market infrastructure backed by some of the most active securities brokerages and bookrunners on the Singapore Exchange – Phillip Securities, PrimePartners and Nomura Holdings (Japan).
Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.
Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies and wines, to include fund management and digital custody.
About The Straits Trading Company Limited Incorporated in 1887, The Straits Trading Company Limited is a conglomerate-investment company with operations and financial interests in resources, property, and hospitality. These include strategic stakes in one of the world’s leading tin producer, Malaysia Smelting Corporation Berhad, which is dual listed on Bursa Malaysia and the Singapore Exchange Securities Trading Limited, ESR Group Limited and Far East Hospitality Holdings as well as a diversified property portfolio that is wholly owned by the Group.
For media inquiries, please contact: Deeksha Kakkar, Marketing Communications Lead, Alta deeksha.kakkar@alta.exchange
The highest achievements of the real estate industry were celebrated today at the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty, held at The St. Regis Kuala Lumpur.
The 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty, held on October 25 at The St. Regis Kuala Lumpur, celebrated the highest achievements in the real estate industry. This year, awards were given across 58 categories, highlighting excellence in development, design, and ESG. Supported by leading property portals PropertyGuru.com.my and iProperty.com.my, the event brought together experts and consumers to raise industry standards.
This year’s ceremony distinguished stellar companies across 58 categories, exemplifying excellence in development, design, and ESG. With support from Malaysia’s leading property portals, PropertyGuru.com.my and iProperty.com.my, experts and thought leaders joined consumers to set new benchmarks and raise the standards of the property sector.
AME Development Sdn Bhd, Best Developer (Malaysia) Winner
In a first, AME Development Sdn Bhd triumphed with the biggest title of the year, Best Developer (Malaysia), as well as the prestigious titles of Best Industrial Developer and Best Sustainable Developer.
Malton Berhad was recognised as Best Developer (Central Malaysia), with wins for the projects Bukit Jalil City and The Park 2 Pavilion Bukit Jalil. Meanwhile, Berinda Group received the Best Developer (Southern Malaysia) title, buoyed by award-winning project Ponderosa Callista.
GSH Corporation Limited was celebrated as Best Luxury Developer, alongside award-winning project Coral Bay @ Sutera, while Astaka Padu Sdn Bhd was honoured as Best Lifestyle Developer with a win for Aliva Mount Austin. Matrix Concepts Holdings Berhad won Best Community Developer, plus golden statuettes for the projects Bayu Sutera, Bandar Sri Sendayan and Resort Villa, Bandar Sri Sendayan.
The inaugural ESG Developer Awards were presented to Iskandar Investment Berhad as Low Carbon Champion and Tanah Sutera Development Sdn. Bhd. as Social Impact Champion, a title it shares with Iskandar Investment Berhad. Lendlease & TRX City Sdn Bhd jointly garnered the title of Sustainable Design Champion, in addition to the prestigious Best High-Rise Development (Malaysia) accolade for the multi-awarded project TRX Residences.
Sime Darby Property Berhad was another Best of Malaysia winner, earning the Best Landed Development (Malaysia) title for its award-winning project, The Residences III at The Glades. The company also amassed golden statuettes for the projects Hype Residences; Serenia City; Serenia Industrial Park; The Serenade at The Glades; and Triara Residences.
Quayside JBCC by Bangsar Heights Pavilion was named Best Designed Development (Malaysia) in one of four golden statuettes for the project. Horizon Hills by Horizon Hills Development Sdn Bhd was named Best Township Development (Malaysia) while The MET Corporate Towers by Triterra Sdn Bhd won Best Commercial Development (Malaysia).
Residents of Malaysia voted for the nation’s top 10 companies with the People’s Choice Awards. This year’s accolades went to, in alphabetical order, Armani Group; Gunung Impian Development Sdn Bhd; Mah Sing Group Berhad; Malton Berhad; Matrix Concepts Holdings Berhad; Perbadanan Kemajuan Negeri Selangor (PKNS); Sime Darby Property Berhad; Teladan Group Berhad; Tropicana Corporation Berhad; and UDA Holdings Berhad.
As the official balloting partner of the People’s Choice Awards, HLB Ler Lum Chew – HLB Malaysia, part of the “2024 Network of the Year” winner HLB International, independently verified the results of the vote.
Other winning companies this year include Casa Bayu Idaman Sdn Bhd; City Motors Group; Coronade Properties Sdn Bhd; Eden at Botanica CT Sdn Bhd; Eupe Corporation Berhad; JLand Group Sdn Bhd; Joland Group; KCC Development (M) Sdn Bhd; R&F Development Sdn Bhd; Radium Development Berhad; Teladan Group Berhad; and WCT Green Sdn Bhd.
Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures, accepted the golden statuette for Malaysia Real Estate Personality of the Year from the editorial team of Property Report by PropertyGuru, the official magazine, with PropertyGuru Group’s Managing Director, Data and Software Solutions, Shyn Yee Ho-Strangas
Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures, accepted the golden statuette for Malaysia Real Estate Personality of the Year from the editorial team of Property Report by PropertyGuru, the official magazine.
Jeremy Williams, managing director, Marketplaces, PropertyGuru Group, said: “Malaysia’s finest developers have introduced communities and projects that champion environmental stewardship, spur economic growth, and promote property ownership opportunities across diverse market segments. From mega townships to mixed-use developments and industrial estates, this year’s awardees exemplify the cities of tomorrow—offering spaces where property seekers not only live but also work, thrive, and unlock their full potential. The achievements of this year’s winning developers support a property market increasingly driven by social awareness and positive change. Overall, these accolades recognise the strategic thinking that propels Malaysian real estate towards a more sustainable and progressive future. Congratulations to the winners.”
Kenneth Soh, country manager for Malaysia at PropertyGuru Group
Kenneth Soh, country manager for Malaysia at PropertyGuru Group, said: “Congratulations to this year’s award recipients. Our award-winning companies have truly captured the pulse of Malaysia’s property seekers and gained the validation of experts. These successful enterprises lead the way in development and design through a broad spectrum of projects, ranging from expansive townships to affordable and high-value residential properties. By uplifting communities and making an impact on consumers and investors, the awardees have rightfully earned their elevated status on our platform.”
Datuk Ar. Ezumi Harzani Ismail, chairperson of the Awards in Malaysia, said: “The achievements of this year’s honourees deserve to be celebrated as they have strived to address the needs of property seekers throughout Malaysia. These outstanding companies are testing the limits of innovation in their respective fields. Whether it’s developing the cities of tomorrow or promoting homeownership with competitively priced homes, these fine developers are paving the way for a more accessible property market, facilitating a resilient economy that balances growth with social and environmental awareness. We offer our congratulations to the winners for their efforts in advancing Malaysian real estate and their contributions to the industry’s future.”
The independent panel of expert judges consists of Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects (PAM) 2020-2022; Chris Tia, vice-chairperson of the Awards in Malaysia and principal and managing partner, Tia & Noordin; Adjunct Professor IDr Joe WH Chan, vice-president, The Malaysian Institute of Interior Designers (MIID) 2022-2024; Ar. Dr. Serina Hijjas, president, Malaysia Green Building Council 2023-2025; Ar. Mustapha Kamal bin Zulkarnain, founder and principal, Arkitek Mustapha Kamal; Assoc. Prof. LAr. Dr Nor Atiah Ismail, president, Institute of Landscape Architects Malaysia (ILAM); Datin TPr Hjh Noraida Saludin, president, Malaysian Institute of Planners (MIP); Dato’ Sr Lau Wai Seang, president, Royal Institution of Surveyors Malaysia (RISM): 2017-2018; Dr. Daniele Gambero, president, Malaysia Proptech Association (MPA); Ho Chin Soon, chairman, Ho Chin Soon Research; Ir. Dr. Zulhkiple A Bakar, managing director, Perunding ZAB Sdn Bhd; Ir Ashwin Thurairajah, executive director, GreenRe Sdn Bhd; Janice Chin, director, Capital Markets at JLL Appraisal & Property Services Sdn. Bhd.; PMgr Sr Low Han Hoe, registered valuer, property manager & estate agent; Sr Engad Ravana, managing director, ER Consult Sdn. Bhd.; Sr Subramaniam A/L Arumugam, president, Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia (PEPS); Tan Hui Yin, partner, Tan Chap & Associates; and YBrs Sr Haji Ishak Bin Ismail, president, Malaysian Institute of Property & Facility Managers (MIPFM) 2023-2025.
HLB Ler Lum Chew – HLB Malaysia supervised the judging process under the leadership of managing partner Kelvin Chew.
Winners may be eligible to vie for the Best in Asia awards at the 19th PropertyGuru Asia Property Awards Grand Final on 13 December 2024 in Bangkok.
Organised by PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, the 11th PropertyGuru Asia Awards Malaysia in partnership with iProperty are made possible by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; media partners Kopi & Property, Marketing In Asia, Niaga Times, Penang Property Talk, The Grid Asia, The Malaysia Voice, and Top 10 Malaysia; supporting partner REHDA Institute; and official supervisor HLB.
COMPLETE LIST OF WINNERS11th PropertyGuru Asia Awards Malaysia in partnership with iProperty
DEVELOPER AWARDS
Best Developer (Malaysia) WINNER: AME Development Sdn Bhd
Best Developer (Central Malaysia) WINNER: Malton Berhad
Best Developer (Southern Malaysia) WINNER: Berinda Group
Best Luxury Developer WINNER: GSH Corporation Limited
Best Industrial Developer WINNER: AME Development Sdn Bhd
Best Sustainable Developer WINNER: AME Development Sdn Bhd
Best Lifestyle Developer WINNER: Astaka Padu Sdn Bhd
Best Community Developer WINNER: Matrix Concepts Holdings Berhad
THE ESG DEVELOPER AWARDS
Low Carbon Champion WINNER: Iskandar Investment Berhad
Social Impact Champion WINNER: Tanah Sutera Development Sdn. Bhd. WINNER: Iskandar Investment Berhad
Sustainable Design Champion WINNER: Lendlease & TRX City Sdn Bhd
DEVELOPMENT AWARDS
Best Mega Township Development WINNER: Serenia City by Sime Darby Property Berhad
Best Township Development (Central) WINNER: Bukit Jalil City by Malton Berhad
Best Township Development (Southern) WINNER: Horizon Hills by Horizon Hills Development Sdn Bhd
Best Mixed Use Development WINNER: Quayside JBCC by Bangsar Heights Pavilion
Best Integrated Development WINNER: Coronation Square by Coronade Properties Sdn Bhd
Best Luxury High-Rise Development (Central) WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd
Best Luxury High-Rise Development (Southern) WINNER: R&F Princess Cove Phase 2 – Seine Region by R&F Development Sdn Bhd
Best Completed High-Rise Development WINNER: The Park 2 Pavilion Bukit Jalil by Malton Berhad
Best High End High-Rise Development (Southern) WINNER: Adison by WCT Green Sdn Bhd
Best Branded Residential Development WINNER: Quayside JBCC by Bangsar Heights Pavilion
Best Premium Lifestyle High-Rise Development WINNER: Aliva Mount Austin by Astaka Padu Sdn Bhd
Best Investment High-Rise Development WINNER: Paragon Gateway by Joland Group
Best Mid End High-Rise Development (Central) WINNER: Helix2 @ PJ South by Eupe Corporation Berhad
Best Eco Friendly High-Rise Development WINNER: Alfa Bangsar by City Motors Group
Best Waterfront High-Rise Development WINNER: Coral Bay @ Sutera by GSH Corporation Limited
Best Secure High-Rise Development WINNER: The Serenade at The Glades by Sime Darby Property Berhad
Best Multigenerational Living High-Rise Development WINNER: Radium Adesa by Radium Development Berhad
Best Lifestyle High-Rise Development WINNER: Triara Residences by Sime Darby Property Berhad
Best Connectivity High-Rise Development WINNER: Hype Residences by Sime Darby Property Berhad
Best Smart Home Landed Development WINNER: Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd
Best High End Landed Development (Central) WINNER: Resort Villa, Bandar Sri Sendayan by Matrix Concepts Holdings Berhad
Best High End Landed Development (Southern) WINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.
Best Value Mid-Rise Development WINNER: The Senai Garden by KCC Development (M) Sdn Bhd
Best Value Landed Development WINNER: St Marco Park by Casa Bayu Idaman Sdn Bhd
Best Investment Landed Development WINNER: Iconia Garden Residence by Gunung Impian Development Sdn Bhd
Best Multigenerational Living Landed Development WINNER: The Residences III at The Glades by Sime Darby Property Berhad
Best Lifestyle Landed Development WINNER: Bayu Sutera, Bandar Sri Sendayan by Matrix Concepts Holdings Berhad
Best Mass Market Landed Development (Central) WINNER: Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad
Best Mass Market Landed Development (Southern) WINNER: Taman Bertam Heights by Teladan Group Berhad
Best Mass Market Landed Development (Northern) WINNER: Villa Natura by Eupe Corporation Berhad
Best Senior Living Development WINNER: Eden at Botanica CT by Eden at Botanica CT Sdn Bhd
Best Industrial Development WINNER: Serenia Industrial Park by Sime Darby Property Berhad
Best Office Development WINNER: The MET Corporate Towers by Triterra Sdn Bhd
DESIGN AWARDS
Best Township Masterplan Design WINNER: Medini Innopolis by Iskandar Investment Berhad
Best Mixed Use Architectural Design WINNER: Quayside JBCC by Bangsar Heights Pavilion
Best High-Rise Architectural Design WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd
Best Landed Architectural Design WINNER: Ponderosa Callista by Berinda Group
Best Landed Interior Design WINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)
Best Landed Landscape Design WINNER: Ixora by Perbadanan Kemajuan Negeri Selangor (PKNS)
Best Clubhouse Design WINNER: Sutera Garden Village by Tanah Sutera Development Sdn. Bhd.
BEST OF MALAYSIA AWARDS
Best Township Development (Malaysia) WINNER: Horizon Hills by Horizon Hills Development Sdn Bhd
Best High-Rise Development (Malaysia) WINNER: TRX Residences by Lendlease & TRX City Sdn Bhd
Best Landed Development (Malaysia) WINNER: The Residences III at The Glades by Sime Darby Property Berhad
Best Commercial Development (Malaysia) WINNER: The MET Corporate Towers by Triterra Sdn Bhd
Best Designed Development (Malaysia) WINNER: Quayside JBCC by Bangsar Heights Pavilion
PEOPLE’S CHOICE AWARDS
WINNER: Armani Group WINNER: Gunung Impian Development Sdn Bhd WINNER: Mah Sing Group Berhad WINNER: Malton Berhad WINNER: Matrix Concepts Holdings Berhad WINNER: Perbadanan Kemajuan Negeri Selangor (PKNS) WINNER: Sime Darby Property Berhad WINNER: Teladan Group Berhad WINNER: Tropicana Corporation Berhad WINNER: UDA Holdings Berhad
PUBLISHER’S CHOICE
Malaysia Real Estate Personality of the Year WINNER: Dato’ Tengku Ab. Aziz Tengku Mahmud, CEO of PNB Merdeka Ventures
ABOUT PROPERTYGURU ASIA PROPERTY AWARDS
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024.
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.
PROPERTYGURU CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Nate Dacua, Senior Manager, Media and Marketing Services M: +66 92 701 2510 E: nate@propertyguru.com
Sales & Nominations: June Fong, Director of Awards and Events (Malaysia) M: +6019-319 0127 E: june.fong@iproperty.com.my
OrangeTee & Tie (OrangeTee), Singapore’s leading proptech agency, has officially completed a groundbreaking rebrand, marking the first major transformation of its brand identity since its founding in 2000. The striking new facade at its headquarters on 430 Lorong 6 Toa Payoh now bears the brand new OrangeTee logo, symbolising the company’s bold vision for the future. This rebranding exercise — unveiled in March 2024—signals not just a visual overhaul, but a complete evolution of the agency’s mission, led by CEO Justin Quek.
Refreshed OrangeTee Senior Management Team (Front row from left to right: Justin Quek and Steven Tan; Back row from left to right: Christine Sun, Raymond Khoo, Ramesh Pillai, Jon Tan, and Elsie Low). Photo by OrangeTee.OrangeTee & Tie headquarters with the refreshed logo prominently displayed on its building facade at 430 Lorong 6 Toa Payoh, alongside the newly renovated OT Business Lounge—offering agents and clients a modern, innovative space that reflects the agency’s future-focused vision. Photos by OrangeTee.
With a renewed focus on innovation and social responsibility, OrangeTee is positioning itself as a force for good in the real estate industry. The agency is on a mission to empower clients and agents alike, helping consumers “find their place” through technology, transparency, and redefined roles for real estate agents. The phased rebranding began with a launch aimed at engaging agents during its annual business convention in April, followed by a high-profile consumer showcase at The Home Expo in September; culminating in a grand celebration at its annual gala in October 2024, which brought together internal stakeholders to mark this milestone in the company’s historical journey.
Traditionally seen as mere facilitators of transactions, OrangeTee agents are now positioned as “trusted advisers” who offer a holistic approach to clients. This shift highlighted the company’s dedication to elevating the customer experience, providing expert insights beyond property listings and transaction services, and fostering lasting relationships built on expert knowledge, trust, and integrity.
Said Mr Quek, “Our brand refresh represents more than just a visual change, it’s a reflection of our core mission to make real estate simpler, more accessible, and more empowering for all. This new brand identity underscores our unwavering commitment to helping everyone confidently find their place in their real estate journey. To double down on this, OrangeTee is the first and only agency in the industry to remunerate our advisers 100 per cent of the commission from new launches with effect immediately for the next nine months.”
ELEVATING REAL ESTATE INSIGHTS AND AI TECHNOLOGY
Also in 2024, OrangeTee unveiled its new research hub during its annual business convention in April 2024. Offering comprehensive real estate insights through an intuitive interface with interactive infographics, animations, and themed reports. It is also updated regularly with market trends across market sectors like HDB, private residential, commercial, and industrial, to keep consumers well-informed.
Complementing the Research Hub is the Market Analytics Suite (MAS), offering over 100 dashboards with advanced filtering options for targeted searches. With it being accessible to both advisers and consumers, the MAS breaks down complex data into user-friendly visuals, enhancing accessibility through tablet and mobile compatibility.
Leveraging the advancement of artificial intelligence (AI), the company is enhancing its technological integration with the development of AMOS (AI-enabled Mobile Operating System), a next-generation CRM system that not only engages consumers but also empowers its advisers. Once fully implemented, AMOS will optimise its communication channels with advisers and consumers across all digital touchpoints, streamlining workflows from initial contact to appointment scheduling—boosting the efficiency and effectiveness of its services.
FORGING PARTNERSHIPS TO SUPPORT THE TEAM
To support OrangeTee advisers in their diverse real estate ventures, several strategic partnerships have already been forged in 2024. These collaborations are designed to equip advisers with cutting-edge tools, solutions, and innovative spaces–ranging from modern commercial offices to co-working environments–enabling them to better serve their clients.
Partnerships with companies like Motorist and JustCo have introduced new value-added services for OrangeTee advisers. These alliances enable advisers to offer property clients alternative car-financing options through Motorist to navigate the total debt servicing ratio, while JustCo provides access to flexible co-working spaces, in anticipation of the growing trend of companies opting for modern work environments over traditional offices.
In 2024, OrangeTee also broadened its partnerships by collaborating with iQuadrant (IQ), Crestbrick, and Century 21, enhancing the company’s overseas property listings and overall service offerings. By leveraging IQ’s expertise in overseas property investments and education, OrangeTee can tap into a wider array of properties in London, United Kingdom, while its agents benefit from IQ’s proven property investment strategies.
This builds on their existing partnership with Tokyu Livable, Inc., one of Japan’s largest real estate services firms, which serves as a key equity partner and grants OrangeTee clients access to the Japanese real estate market. In addition, through its sister company, OrangeTee International, the agency is actively marketing overseas properties in Australia, Dubai, Malaysia, New Zealand, and the United Kingdom.
In return, OrangeTee is extending its tech capabilities by offering a lite version of its AgentApp to its partners. By sharing technology, both parties would benefit, with partners gaining access to advanced tools that enhance efficiency, while OrangeTee expands its local agent network and strengthens industry collaboration.
OrangeTee also offers a comprehensive agent-training roadmap to upskill its advisers across various property sectors. Through workshops, courses, and tech-driven learning, advisers can now stay ahead of market trends and regulations, ensuring they provide top-tier service and expertise for their clients.
Added Mr Quek, “We believe that forging strong partnerships is the key to delivering innovative, holistic solutions to our clients. Through collaborations with industry leaders across various sectors, we can empower our advisers and provide greater value to their clients.”
INSIGHTS GAINED AS PRESENTING SPONSOR OF THE HOME EXPO 2024
The culmination of these efforts led to OrangeTee’s role as the presenting sponsor of The Home Expo 2024. The three-day event at Suntec Convention Centre in September saw over 12,000 attendees, 16 expert speakers, and more than $1.3 million invested in advertising, aiming to position OrangeTee as a thought leader in the real estate industry. The event also offered industry professionals a differentiated platform to engage with their clients and build leads with potential home seekers.
During the home expo, OrangeTee also announced its support for the “Safe Havens, Bright Horizons” campaign by the Children’s Society of Singapore (CSS) to raise $100,000 for the revitalisation of Sunbeam Place, a residential home and a gazetted place of safety for the vulnerable children in Singapore under CSS, in collaboration with a local art gallery, LivingwithArt.
Mr Quek also shared his thoughts on these partnerships established by the company, stating, “These initiatives allow us to push beyond the boundaries of traditional real estate services and foster more meaningful, impactful experiences for all members of society.”
Looking forward, OrangeTee envisions a future where real estate transcends mere transactions, instead focusing on holistic, integrated solutions that cater to modern homebuyers’ evolving needs.
As OrangeTee continues to evolve as a force for good, the company is poised to shape the future of real estate, placing greater emphasis on customer-centric solutions and creating lasting value for clients and its advisers.
Founded in February 2000, OrangeTee & Tie (OrangeTeeOTT) has firmly established itself as a highly esteemed proptech agency renowned for its innovative tech tools in Singapore. In 2017, the associate agencies of OrangeTee.com and Edmund Tie & Company merged to form OrangeTee & TieOTT.
Today, the company stands at the forefront of the property industry, leading in technology, innovation, research, and data analytics. Notably, it offers exclusive digital platforms like AgentApp and PropertyAgentsReviews.com for both its advisers and consumers respectively. OrangeTee champions transparent and ethical advisory practices, while committed to building a sustainable business.
Evolve Capital has partnered Alta, Asia’s leading digital securities exchange for alternative assets, to offer seamless access to two of Evolve’s flagship sub-funds—the Evolve-Gifted Fund (EGF) and the ECM Opportunities Growth Fund (ECMOGF). This partnership will see both funds listed on Alta Exchange and broaden investment horizons, offering new avenues to tap into both private and public markets.
The Flagship Funds The ECM Opportunities Growth Fund aims to deliver capital appreciation by investing in high-potential SME opportunities across Asia, with a clear roadmap toward an eventual IPO exit. This strategy is designed to resonate with investors who seek a high probability of realised returns.
The Evolve-Gifted Fund is an open-ended, multi-strategy fund that seeks to capitalize on opportunistic investments across both private and public markets. EGF strategically invests in a broad range of assets, including equities, debt instruments, ETFs, and private equity, across multiple sectors and geographies. This diversified, adaptive approach enables us to seize market opportunities while managing risk, with the aim of delivering long-term, risk-adjusted outperformance for our investors.
Ted Low, Director for Evolve Funds, stated: “We are excited to offer this opportunity to enhance liquidity for investors interested in private equity assets, but have been deterred by traditional long lock-up periods. In regards to EGF, while our investors appreciate our long-term strategy, they often have short-term liquidity needs that require careful consideration. This partnership offers returns comparable to private equity without the traditional lock-up periods associated with such investments, ensuring they can achieve both immediate and future financial goals.”
Jerry Chua, CEO of Evolve Capital, said “At Evolve Capital, we are thrilled for the launch of this partnership with Alta as it embodies our commitment to financial innovation. We are breaking down barriers for investors by digitizing the investment process, making it easier for them to access high-quality private market opportunities.”
Katherine Ng, Founder and Managing Partner, Katashe Solutions; Investor in Evolve Funds, stated: “As a Web3 solutions venture builder, I am thrilled to be at the forefront of collaboration as it represents a significant step forward in financial innovation, where we, as investors, can unlocking new opportunities to diversify our portfolios and gain exposure to a broader range of asset classes. The future of Real-World Assets (RWA) in digital finance is here, and I am excited to be invested.”
Willie Chang, Head of Alta Exchange, said, “Partnering with Evolve allows us to give investors easier access to Asia’s high-growth sectors through our digital securities exchange. This collaboration expands investors’ investment opportunities, helping them diversify and act quickly on unique market opportunities.”
About Evolve Capital Evolve Capital is a leading Singapore MAS licensed fund management company, offering tailored investment solutions to institutional and private investors worldwide. Evolve Capital leverages its extensive experience to drive consistent growth and capitalise on opportunities within its ecosystem. We have a panel of seasoned advisory professionals with extensive experiences, and offices across the Asia Pacific, Middle East, and North America.
Our Strategy Evolve Capital seeks to capitalise on high-growth opportunities, with a focus on sectors leveraging the new economy and digitization trends. We also target the consumer value chain, aiming to harness the disruptive dynamics in a region where increasing consumption is a key driver for growth.
About Alta As the leading licensed digital securities exchange for alternative investments in Asia, we are building critical capital market infrastructure backed by some of the most active securities brokerages and bookrunners on the Singapore Exchange – Phillip Securities, PrimePartners and Nomura Holdings (Japan).
Empowering Private Markets: Through our Digital Exchange, we enable the tokenization and digital custody of alternative assets. This end-to-end solution simplifies and expedites the trading of smaller asset blocks, ultimately facilitating access and liquidity in private markets. We believe that access to capital markets are pivotal in all economies, we recognize that our role in building this critical infrastructure goes beyond facilitating trades; it paves the way for entrepreneurship, job creation, financial inclusion, and economic resilience, fostering a brighter future for emerging markets and economies.
Innovative Financial Ecosystem: Our journey has seen us transition from securities trading and distribution of comprehensive products, including equities, private credit, funds, and asset-backed securities representing real world assets like whiskies and wines, to include fund management and digital custody.
Veteran Investment Executive Formerly With One of Australia’s Leading Private Retail & Real Estate Groups
LaTerra Development, a leading real estate investment and development company, has named Ben Grosberg to spearhead capital raising and investor relations to support its new strategy to buy existing multi-family and self-storage assets as well as ground-up development.
A seasoned real estate investment executive, Mr Grosberg will focus on Registered Investment Advisors and Family Office investors.
He has worked with RIAs, high net worth individuals, and private family office investors in Australia and the US for the past 15 years. He recently served as Director of Capital Markets at leading Los Angeles real estate investment bank, Dekel Capital, where he helped establish the JV-Equity platform and raise private capital for both Dekels JV and advisory businesses.
“Bringing a well-known and respected executive onboard to lead our new capital markets initiatives is a major step in LaTerra’s expansion strategy,” said Charles Tourtellotte, CEO of LaTerra, “Ben’s experience and contacts will be invaluable in expanding our investor base.”
Prior to joining Dekel, Mr Grosberg worked at the Spotlight Group, one of Australia’s largest private HNW family offices, where he managed the diverse investment holdings of the group.
The addition of Mr. Grosberg to the team comes at a time as the company expands beyond its successful development business into acquisitions of core+ multifamily and self-storage properties. Mr. Grosberg’s leadership in capital markets and investor relations will play a key role in supporting this broader investment strategy, which aims to diversify LaTerra’s portfolio and capitalize on current market opportunities .
“Private investors are acutely aware of the current market opportunity of buying institutional quality assets below replacement cost,” Mr Grosberg says. “Investing with a proven operator like LaTerra gives investors direct access to these deals so they can build portfolios of steady, cash-flowing assets.”
LaTerra Managing Director Chris Tourtellotte added, “With values bottoming out and interest rate cuts commencing, this is an excellent entry point for acquisitions. We believe we have a window of opportunity to buy multifamily and storage assets today at a deep discount and benefit from a recovering market.”
LaTerra is a leading self-storage and multifamily investment and development company with a focus on U.S. Sun Belt markets. It currently has approximately 1,000,000 square feet of self-storage in development. Its multifamily housing business serves the outsized demand for best-in-class value rentals, with more than 3,000 residential units in its portfolio. LaTerra has global institutional investors including those from the US, Canada, and Australia.
– Marking 30 Years of Leadership in Asia’s Premium Flexible Workspace Industry
– TEC achieves 50,000 Members, reflecting its exceptional workspace solutions – Celebrating 30 years of innovation and excellence in the industry – TEC continues to enhance Member experiences through premium services
The Executive Centre(TEC), Asia’s leading premium flexible workspace provider, is proud to announce that it has signed up 50,000 Members within its global network of premium flexible workspaces, coinciding with the celebration of its 30th Anniversary. This extraordinary milestone not only marks a significant moment in the company’s history but also underscores its enduring commitment to redefining the future of work.
Since its inception in 1994, The Executive Centre has been at the forefront of the flexible workspace revolution, adapting to the changing dynamics of the modern workforce. The growth to 50,000 Members reflects the trust and loyalty of TEC’s diverse clientele – with 83% of its client portfolio being multinational companies (MNCs) and the balance being high-net-worth small and medium sized enterprises (SMEs) – all seeking the premium, versatile workspace solutions that TEC provides.
“We are thrilled to welcome our 50,000th Member into The Executive Centre community,” said Paul Salnikow, Founder and CEO of The Executive Centre. “As we celebrate our 30th Anniversary, we remain committed to enhancing the Member experience, supporting our vibrant community, continuously growing with our Members and providing exceptional work environments that foster collaboration and innovation.”
In the past three decades, The Executive Centre has grown to become one of the largest flexible workspace providers in Asia-Pacific, boasting an expansive portfolio of over 220 locations, generating USD 315 million in annual revenue, and an annual compounded growth rate of 18%.
As TEC looks to the future, the company is well-positioned to maintain its leadership in the premium workspace sector. TEC is committed to delivering best-in-class services that empower Members to succeed while fostering a thriving community for innovation, connection, collaboration, and growth.
About The Executive Centre The Executive Centre (TEC) is Asia’s premium flexible workspace provider, opened its doors in Hong Kong in 1994 and today boasts over 220+ Centres in 36 cities and 16 markets. It is the third largest serviced office business in Asia.
The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space – they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, South Asia, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.
Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Events facilities to suit any business’ needs.
PeopleUp takes its first step in Malaysia, supported by Greenwillow Capital Management and Arkwood Trustee (M) Berhad.
OSK Propertyis excited to announce its partnership with PeopleUp, a leading multi-enrichment and play group founded in 2018 in Singapore. Together, they will introduce a brand-new regional play brand to Atria Shopping Gallery in Petaling Jaya, marking PeopleUp’s FIRST expansion beyond Singapore. This groundbreaking entertainment hub will cater to families and kids, creating a one-stop destination for fun, learning, and holistic family experiences.
1. Ong Ju Xing, Deputy Group Managing Director, OSK Holdings Berhad 2. Samantha Lew Pey Shin, General Manager, Group Retail Leasing, OSK Property Investment 3. Chris Tan Wei Quan, Chief Executive Officer, PeopleUp 4. Loh Wai Keong, Managing Director & Chief Executive Officer, Greenwillow Capital Management[L-R]
The signing ceremony took place at Atria Shopping Gallery and the agreement was executed between OSK Property Investment, Group Retail Leasing General Manager Samantha Lew Pey Shin and PeopleUp Singapore Chief Executive Officer Chris Tan Wei Quan. The event was witnessed by OSK Group Deputy Group Managing Director Ong Ju Xing and Greenwillow Capital Management Managing Director Loh Wai Keong.
PeopleUp has successfully set its footprint in Malaysia, thanks to its regional strategic partners, Arkwood Trustee (M) Berhad and Greenwillow Capital Management. These two companies are backed by key figures, Sunny Yeo, Chief Executive Officer and Managing Director of Arkwood Trustee, and Loh Wai Keong, Managing Director of Greenwillow.
With over 16 thriving subsidiary brands in Singapore, PeopleUp has earned its reputation for delivering innovative, engaging, and memorable experiences for families. Its flagship brands, such as Bouncy Paradise – Asia’s largest inflatable playground – and Dinoland – Singapore’s first immersive and largest indoor dinosaur park with live forest, along with VroomTown, the first mega indoor drive-play city for kids, have welcomed over half a million visitors annually.
Set to open in the first half of 2025, the new expansion will build upon this success, showcasing exciting, family-oriented concepts from Singapore and introducing new experiences tailored to the Malaysian market.
OSK Property Investment Group Retail Leasing General Manager Samantha Lew said “At OSK Property, we are committed to curating spaces that bring value and excitement to the community. Partnering with PeopleUp is an exciting step forward in transforming Atria Shopping Gallery into a choice destination for families. This new play concept will enhance the mall’s position as a leading family-friendly venue, attracting visitors from across the region.”
Chris Tan Wei Quan, Chief Executive Officer of PeopleUp Singapore, expressed his enthusiasm for the expansion: “We are thrilled to bring our unique, holistic approach of family entertainment to Malaysia. The collaboration with OSK Property allows us to share our vision and passion for innovative play and enrichment with a wider audience. We are confident that this flagship will resonate with families and set a new benchmark for family entertainment in the region.”
Anchoring over 60,000 square feet within Atria Shopping Gallery, PeopleUp will see the creation of an exciting new flagship family destination that encapsulates a wide array of fun, entertainment, and learning experiences. The flagship will bring together six key areas designed to cater to every type of play:
Kids & Toddler Play: A safe and engaging environment for younger children to explore. Sports Play: Promoting active play and physical fitness through dynamic sports activities. E-gaming and Immersive Play: Combining cutting-edge technology with play for a thrilling digital experience. Sky Play: Adventure high above the ground with elevated play areas. Water Park: A fun-filled aquatic adventure for families. Special Experiences: Unique, curated experiences that will surprise and delight visitors.
In addition to these fresh and exciting concepts, PeopleUp will also introduce its popular Singapore-based attractions to Atria Shopping Gallery, tailoring them to fit the tastes and preferences of the local market.
These zones will offer an all-encompassing mix of physical, mental, and sensory experiences for children of all ages, the new flagship destination will set a new standard for family entertainment in Malaysia.
OSK Property’s strategic partnership with PeopleUp is a testament to the growing demand for family-centric leisure destinations in Malaysia. By combining PeopleUp’s award-winning concepts with OSK Property’s vision, Atria Shopping Gallery hopes to become the top destination for families seeking fun and enriching experiences.
For more information, please visit Atria Shopping Gallery’s website at www.atria.com.my and PeopleUp Singapore’s website at www.peopleup.com.sg
About Atria Shopping Gallery Atria Shopping Gallery is a transformation of yesterday’s beloved iconic mall in Petaling Jaya to cater to today’s more sophisticated and discerning tastes. The Shopping Gallery’s beautiful interior is inspired by the natural beauty and exquisite forms found in our tropical rainforest, creating a sense of natural opulence and an ambience that is warm and welcoming. Atria strives to offer shoppers a total experience and has in place tenants, activities and an environment that we hope will leave our shoppers feeling relaxed, inspired and enriched.
About the Developer – OSK Property OSK Property is the property arm of the OSK Group which is a public listed company in Malaysia with an asset size over RM 10 billion. OSK Property is one of Malaysia’s leading property groups that has completed and delivered more than 50,000 properties across Malaysia and Australia. With a diverse portfolio that spans residential, commercial, hospitality, industrial and mixed-use developments, OSK Property is committed to delivering innovative and engaging spaces that enhances the way of life of communities.
With each project, OSK Property continues to seek and prioritize its sustainability strategy incorporating the integration of sustainable design features, minimizing our environmental footprint by incorporating advanced technologies and infusing the natural elements such as shadow play and wind flow, and utilizing environmentally friendly materials to ensure the overall health and well-being of occupants. For further information, visit OSK Property’s website at www.oskproperty.com.my
Issued By: Swan Consultancy Sdn. Bhd. on behalf of OSK Property
For more information, please contact: Jazzmin Wan Tel: +60 17-289 4110 Email: j.wan@swanconsultancy.biz
The collaboration aims to give opportunities to young football players in Riyadh
One World International School(OWIS) in Riyadh, a distinguished member of the Singapore-headquartered Global Schools Group (GSG), has teamed up with Liverpool FC International Academy Saudi Arabia to host their football training sessions which aims to give best opportunities to young football enthusiasts in Riyadh.
Liverpool Academy at OWIS OWIS team joining hands with Liverpool team (left) to host football sessions
An agreement to collaborate on the hosting was exchanged between GSG Associate Director of Operations for OWIS Riyadh, Mr Parshvadeep Singh Rao, school Principal Ms. Shannon Pipes, Liverpool FC International Academy Saudi Arabia Manager & Riyadh Head Coach Mr Colin Wilson, and Business Development Manager Mr Shahrayar Khan.
Under the collaboration, OWIS Riyadh will be one of the host venues for top-notch training camps for students of the academy. The collaboration allows GSG to carry forward its vision of providing a holistic learning environment to students. GSG has 64 campuses in 11 countries.
“It is a momentous occasion for OWIS Riyadh to join hands with Liverpool FC International Academy Saudi Arabia,” said the GSG Deputy Chief Operating Officer for the Middle East region Mr Amol Vaidya. “With this academy, we hope to offer a promising opportunity for Riyadh’s talented football community. This collaboration reflects our shared commitment to nurturing young talents, helping them follow their passion and excel in life.”
Dr. Peter Coles, Executive Director of Liverpool FC International Academy Saudi Arabia stated: “We are very excited about our new partnership with the renowned One World International School (OWIS) in Riyadh. This collaboration offers young football enthusiasts in Riyadh the chance to develop their skills under top-tier coaching, aligning with OWIS’s commitment to nurturing well-rounded students who excel both academically and in their passions.”
The Liverpool FC International Academy at OWIS Riyadh will be open to children aged Under 6 – Under 10 Age groups, providing them with the platform to develop their skills and gain an edge in the highly competitive sport of football.
About One World International School OWIS is part of the prestigious Singapore-based Global Schools Group (GSG), which educates students of over 70 nationalities. OWIS boasts a multicultural environment where students and teachers come from diverse cultural backgrounds. The school embraces a one-world philosophy that teaches the value of tolerance, acceptance, compassion, kindness and unity. OWIS has campuses in Singapore, Japan and India.
Construction growth in Singapore sees a 12 percent rise in productivity in 2024, outstripping the country’s modest overall GDP growth rate of 2-3 percent four times over, according to global professional services company, Turner & Townsend[1].
With construction volume anticipated to reach between S$32bn to S$38bn by the end of 2024[2], Turner, and Townsend’s Singapore Market Intelligence cites a series of government backed initiatives and major state projects, such as Changi Airport Terminal 5 (T5) and Tuas Port, are key contributors boosting demand.
Recent built environment incentives including the enhanced Contractors Registration System (CRS), the Productivity Innovation Project (PIP), the Future Energy Fund and Energy Efficient Grant are supporting activity. By year-end, the Singaporean state is expected to contribute to 55 percent of domestic construction projects while the private sector is poised for a contribution of 45 percent.
Despite ongoing global economic uncertainty and geopolitical instability, the construction market in Singapore is also benefitting from investment in digital infrastructure and the launch of the NEC4[3] contract by the Building Construction Authority (BCA). The latter providing favourable conditions and extensive options for collaborative contracting.
While the overall growth trajectory is positive for the domestic construction sector, there are still challenges to navigate principally the availability of skilled labour. The departure of many construction workers during the pandemic continues to highlight the labour squeeze and increasing costs to secure the right talent.
“Construction demand in Singapore is on course to surpass last year by a significant margin which is positive for our domestic economy. The industry’s overall positive outlook stems from the series of ongoing government initiatives connected to the built environment including robust schemes to promote funding, foster technological advancements, ensure ease of doing business, and boost sustainable green initiatives.
“While challenges persist, such as manpower shortages and rising costs, optimism around collaborative contracting schemes and the digitization of processes will further improve productivity. We believe now is the time for our industry to really embrace collaborative contracting which will offset rising construction costs and transform the construction sector for the better to ensure long-term resilience.”
Turner & Townsend is a global professional services company with over 12,000 people in 49 countries. Collaborating with our clients across real estate, infrastructure and natural resources sectors, we specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
We are passionate about making the difference, transforming performance for a green, inclusive and productive world.
![1. Ong Ju Xing, Deputy Group Managing Director, OSK Holdings Berhad; 2. Samantha Lew Pey Shin, General Manager, Group Retail Leasing, OSK Property Investment; 3. Chris Tan Wei Quan, Chief Executive Officer, PeopleUp; 4. Loh Wai Keong, Managing Director & Chief Executive Officer, Greenwillow Capital Management[L-R]](https://photos.acnnewswire.com/20240925.OSK.jpg)
