The Real Estate Developers’ Association of Singapore (Redas) has announced its newly elected management committee for the coming two-year term. During its Annual General Meeting on January 9, members unanimously re-elected Tan Swee Yiow, Chairman of Keppel Reit Management, as President, marking his second consecutive term in the role.
On his re-election, Tan expressed his gratitude for the trust placed in him and the honour of being re-elected. He also mentioned that the new management committee is comprised of a diverse range of professionals from various sectors, scales, and expertise within the real estate industry.
The new management committee includes Immediate Past President Chia Ngiang Hong, Group General Manager of City Developments; First Vice President Kwee Ker Wei, Director of Pontiac Land Group; Second Vice President Marc Boey, Executive Director of Project Services at Far East Organization; Honorary Secretary Chong Hock Chang, Group Director of Projects and Marketing at Ho Bee Land; Honorary Treasurer Neo Soon Hup, Chief Operating Officer of UOL Group; Honorary Assistant Secretary Chew Peet Mun, Managing Director of Investment and Development at CapitaLand Development Singapore; and Honorary Assistant Treasurer Tho Leong Chye, Managing Director of Allgreen Properties.
In related news, Redas recently celebrated its 65th anniversary and honoured Chia Ngiang Hong with the Lifetime Achievement Award.
Chia Ngiang Hong, Immediate Past President of Redas, congratulated the newly elected management committee and praised Tan’s exemplary leadership, which was reflected in his unanimous re-election.
Investing in real estate requires careful consideration of many factors, and one of the most important considerations is location. This is especially true in Singapore, where the right location can make all the difference in the potential success of a property investment. Condos located in central areas or near key amenities such as schools, shopping malls, and public transportation hubs have proven to appreciate more in value over time. The prime locations of Orchard Road, Marina Bay, and the Central Business District (CBD) are excellent examples of areas where property values have consistently shown growth. Additionally, being in close proximity to highly regarded schools and educational institutions only adds to the appeal and investment potential of condos in these sought-after locations. With this in mind, investing in a well-located condo, such as those offered by Condo, can be a wise decision for anyone looking to enter the real estate market in Singapore.
Meanwhile, Tan emphasised that the diversity of the new management committee will enable the association to effectively drive initiatives that have a meaningful impact on the broader built environment ecosystem. The management committee will focus on implementing initiatives such as the ESG framework and green premiums to promote sustainable development in the real estate industry. They will also address issues such as the demand for senior accommodation in Singapore by suggesting separate land zoning to meet future demand.