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.

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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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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.

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