Founder's Note by Cyril Tuzemen

We hope this newsletter finds you well and thriving.

The big headline for us is the opening of our 2nd Singapore branch – this is a shop where clients can walk in and where we can organise events.

We will organise a soft launch party on 2nd Dec 12-5, feel free to drop by and join us for a drink. 451 Joo Chiat Road, Katong Point #02-05, Singapore 427664.

The big headline last week was the appearance of strongly worded article in The Business Times/ Bloomberg focus on the vacancy rate and the price decrease expected next year.

While this is nothing new for agents on the ground – we have been seeing units stagnating on the market for months. This is the first time it “hit” the news. This will hopefully give a bit of a reality checks to landlords – some of which are still not accepting that the peak prices are behind us.

Sale market is also slow still suffering from high prices and high interest rates. One highlight is the sub-sales market activity being high (a seller who bought new development on plan and selling it before completion) – this is a combination of taking a profit (as market has gone up significantly) and cutting risk exposure to high interest rates payments. These sub-sales purchases are also attractive for owners who want to move in a brand-new unit without the waiting time of construction.

We Have a New Addition

Our warmest welcome to Marie Gates, our Senior Marketing Director. She will be heading our new office and expansion to the East.

With a bright smile and a cheerful disposition, she helms 30 years of sales experience under her belt. You can trust her to help you sell and buy your dream home. She’s also well-versed in investments and building up your property legacy.

Whilst passionate about her work in real estate, you can catch Marie exploring the underwater world scuba diving at times.

$6.Xm Taman Siglap Semi-Detached House For Sale

Opera Estate is located in Siglap, “Holland Village of the East Coast”. Close to Bedok MRT Station, an award-winning architect created this outstanding family home with 5 big bedrooms ensuite with their own floors – perfect for multigenerational families. 

Live amidst amazing views and enjoy the dining family room as you overlook the beautiful terrace to entertain your family and friends at. The property is elevated with full length windows. Experience luxury and enjoy precious family time at Opera Estate today!