Have you ever thought of getting into the Singapore real estate market? You’re not alone in this endeavor, as Singapore has been a hotspot for real estate development in the last few years. One of the fastest rising sectors of real estate in the area is private residential properties. From 2017 to 2018, the residential housing industry increased by 7.32%. And even the Outside Central Region or the OCR saw prices rising during this period.
It’s hard not to get excited for trends like this if you’re a real estate investor. But to make the waiting game happen, the property should also be finished and can be offered to customers. If you’re an investor, taking a look at the project’s investor is worth a while. A developer with a great track of finishing projects in time is an excellent sign of a decent investment option. Here are some of Singapore’s top real estate developers right now.
1. Far East Organization
The Far East Organization started way back in 1962 and is the oldest property developer in the country. It has more than 750 real estate projects. One out of six families is likely living in a property made by this developer. As of now, it has eight on-going projects, including Alana and Banyan Condominium.
2. Frasers Centrepoint
Frasers Centrepoint is another veteran when it comes to developing real estate properties. It is also operating in several countries like Vietnam, Thailand, and Malaysia. The company is known for developing residential properties, commercial properties, hotels, and shopping malls. As of now, they have their hands working on several projects such as Twin Foundation and Seaside Residences.
3. El Development
El Development was founded in 2007 and is focused on development, as well as redevelopment projects. It focuses on residential, luxury, and industrial properties (such as the Pullman Residences Newton and Parc Riviera). As of now, it is working on La Fiesta, SkySuites 17, and Trivelis.
4. City Developments
City Developments is considered by a lot of people as the second-largest property developer int the country. It is also operating in other countries in Southeast Asia and the US. The focus of the company is on residential projects, especially in the condominium department. They created the Echelon, One Shenton, Forest Woods, and Coco Palms.
CapitaLand is one of the top five developers serving the Singapore real estate market. It mostly tackles business parks, industrial, and logistics projects. Like other developers, CapitaLand also operates in other countries. In Singapore, their most notable creations are Alcott, The Crest Collection, and Citadlines.
6. Global Logistics Properties
Global Logistics Properties or GLP is owned by Yoshiyuki Chosa and is operating in different countries with strong Real Estate economies such as Japan, China, and India. Most of its projects are focused on improving logistics facilities. It is one of the major warehouse developers in the country and Asia.