Two Events For Property Investors This Weekend

Source : The Business Times, October 5, 2007

TWO property events will be heading to Singapore this weekend.

London's New Capital Quay will see its Singapore launch at the Grand Hyatt Hotel today.

And starting tomorrow, global and local experts on international property and investment strategy will gather at the SMART Investment & International Property Expo for two days at the Suntec Singapore International Convention and Exhibition Centre.

During New Capital Quay's launch over the last weekend, over 450 units - - out of a total of over 630 - were taken up by buyers.

The units sold were worth some £pounds;220 million (S$665 million) in all, and were from across the price spectrum. Prices range from under £pounds;300,000 to £pounds;1.5 million, with first completions due in 2011 - just in time for the nearby events at the 2012 Olympics.

New Capital Quay will be one of London's largest regeneration schemes, with the transformation of a derelict 3.2-hectare site on the waterfront in Greenwich into a vibrant community with cafes, restaurants and shops.

Meanwhile, at the SMART Investment & International Property Expo, more than 30 invited speakers will deliver key insights into the next wave of property hot spots and investment options. The free seminar aims to offer unbiased information fundamental to sound investment.

With the recent uncertainty in the US sub-prime housing market, and the global credit crunch, many Singaporeans are uncertain about their next investment move, said the event's organiser, Corporate Consumer Communications (3:C).

A panel of local property specialists will share their thoughts on whether the Singapore property market is still sizzling hot or whether it has reached the end of its bull run.