Corporate Announcement: Global Yellow Pages Acquires Majority Stake in FundPlaces

Global Yellow Pages 5_0 (1)

We are happy to usher in the New Year with some great news! FundPlaces is pleased to announce that it has received a strategic investment of S$2 million from Global Yellow Pages Limited, a Singapore mainboard-listed real estate company.

Click here for news release.

News of the investment on:

Business Times (29 Dec 2017) – Global Yellow Pages acquires majority stake in blockchain proptech firm FundPlaces
The Edge Singapore (29 Dec 2017) – Global Yellow Pages acquires 50.11% stake in property investment online platform FundPlaces for $2 mil

With our new corporate investor onboard, FundPlaces is well-positioned to become a global hub for property developers and investors looking for unique real estate investments.

Join us as a member today, and get access to curated real estate investments that have generated  >12% p.a. historically.

Click here to register now.

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Non-Landed Private Rents decrease by 0.3%, HDB Rents decrease by 0.5% in November 2017

Source: SRX property

(Source: SRX Property. Dec 13, 2017) Private non-landed home rentals declined by 0.3% from October 2017 to November 2017. Year-on-year, rentals declined by 1.2% from November 2016 to November 2017.

 In the HDB rental market, rentals fell by 0.5% from October 2017 to November 2017. Year-on-year, rentals decreased by 2.9% from November 2016 to November 2016.

Click here to read the full article.

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Singapore: Housing the millennials

Source: EdgeProp

(Source: EdgeProp. Dec 4, 2017) In a recent survey by CBRE, 63% of respondents born during the early 1980s to mid-1990s are still living with their parents. What’s even more shocking is that of the respondents who have fled the roost, 60% are living in rented accommodations. How will this shape Singapore’s property market?

Click here to read about the factors influencing Singapore’s millennials property buying decisions.

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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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