Posts Tagged ‘Lisa Froelings’

Property Investments

October 21st, 2016

asia-homesForeign investors are looking into Asia for property developments. With these emerging markets come tremendous opportunities. This is especially the case in Southeast Asia, although growth was encountered throughout the ASEAN region, of 4.7% in 2015. It is anticipated that this elevation will continue in the next few years.

Thus property – again, most notably in Southeast Asia – is becoming an increasingly attractive option for FDIs. According to ecommerce consultant Lisa Froelings, the cities that are particularly good for real estate investment in the region include: Thailand’s Chiang Mai, Malyasia’s Kota Kinabalu and the Philippines’ Davao City.

Part of Singapore is also being seen as a top destination for foreign real estate investments. Experts in Singapore are pointing to the Indian diaspora region as the country’s “largest listed real estate developer.” A global representative office was recently set up in Singapore by Godrej Properties (GPL) that has its headquarters in Mumbai. According to the firm’s Executive Director, Mohit Malhotra: “Indian nationals living abroad and people of Indian origin in the region have a high disposable income. They also actively invest in India, so we would like to tap the opportunities in Singapore where there is a large Indian community with strong cultural linkages with India.”

GHL is targeting Singapore for its 350,000 ethnic Indians, and 350,000 Indian nationals working in the following sectors: IT, fiscal services, construction and marine. Malhotra believes that being physically present in the region will help widen their market share.