Corporate Announcement: FundPlaces Signs MOU with CPG Corporation

Post-Echelon Note (4)

FundPlaces is glad to announce that CPG Investments has signed a Memorandum of Understanding with FundPlaces to seek investment opportunities in Singapore, Japan, Australia and Hong Kong. CPG Investments is a subsidiary of CPG Corporation (CPG Corp), the corporatised entity of the former Singapore Public Works Department (PWD). CPG Corp provides a full spectrum of infrastructure & building development and management services. The group comprises a pool of close to 2,000 talents.  CPG Investments undertakes the strategic management of the group’s real estate portfolio in the fields of property development, asset investment and management in its continuous journey to bridge people, capital and ideas.

FundPlaces is very pleased to have another valuable partner on our journey to help people diversify their investment portfolios.

Be part of our journey to democratise real estate investing at www.fundplaces.com.

 

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FundPlaces is Helping Families Own Homes in Camberley, UK

It’s official! We are proud to announce that we are one step closer to helping families own homes. Fundraising for our recently listed project in Camberley, United Kingdom, for the development of 7 houses has successfully closed.

Details of the fundraise were reported in the online publication Property Funds World, on August 04, 2017, click here to read more.

Join our revolution to help families own homes. Register at www.fundplaces.com for more information.

 

 

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Company Announcement: FundPlaces Featured on The Business Times

Singapore firm dips toes into blockchain tech for property 

(Source: The Business Times, Singapore, 28th July 2017)

Singapore “prop-tech” companies are digitalising property, in the form of real estate asset-backed “tokens” on the blockchain. FundPlaces is one of the two prop-tech companies adopting this cryptocurrency concept in the form of TILES. Through TILES, FundPlaces aims to 1) increase transparency for investors, 2) reduce cost of investment and 3) increase liquidity of real estate investments.

Want to know more?

Click Here To Read More

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Investing Beyond Singapore’s Residential Sector

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Looking to invest beyond Singapore residential market but don’t know where and what? The Edge Property organised an event on 15 July where they invited market experts to share their insights on Vietnam, Australia and Malaysia property markets, and also Singapore REIT market. We were invited to share our thoughts on Australian property market.

The highlights of the event were reported in the issue of The Edge Property, The Week of July 24, 2017, click here to read more.

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Singapore Primary Home Sales Fell 20% M-o-M in June

Image FundPlaces Research

Singapore private residential primary home sales registered 3 consecutive months of decline in June. Developers sold a total of 820 units of new homes in June, a decline of 20% m-o-m. This is the first time where the monthly sales fell below 1,000 units, after 3 consecutive months of sales surged above 1,000 units. The decline of primary home sales in the recent months was mainly due to the lack of new launches in the market. In June, developers only released additional 159 units, 53% less than the previous month.

Click here to read more: 201707 – Singapore residential market update – FundPlaces

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Singapore Primary Home Sales Fell 34% M-O-M in May

Image FundPlaces Research

Singapore private residential primary home sales fell in May. Developers sold a total of 1,024 units of new homes in May, a decline of 34% m-o-m and 3% y-o-y. The decline was due to the lack of new launches in the market. Developers only released additional 339 units in May, which is 79% less than a month ago and 75% less than a year ago.

Download the full report for more detailed analysis: 201706 – Singapore residential market update – FundPlaces

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