Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

Thematic (Sector/Industry)

Myanmar Real estate / Thematic (Sector/Industry)

<p>Following the unexpected and severe set of cooling measures unleashed by the Singapore Government in July, the market has spoken and it is not great. The proclamations of the optimists have proven to be unfounded as sentiments are starting to take a beating. Some key observations:  </p><h2>Aborted purchase of development land</h2><p><a href="https://www.smartkarma.com/entities/20052" target="_blank" data-smartkarma-citation="entities:20052:1">Tee Land Ltd (TEEL SP)</a> walked away from the purchase of a collective sale site on 26th July 2018. The company decided to forfeit its 1% deposit on its S$60million purchase of Teck…</p>

Following the unexpected and severe set of cooling measures unleashed by the Singapore Government in July, the market has spoken and it is not great. The proclamations of the optimists have proven to be unfounded as sentiments are starting to take a beating. Some key observations:  Aborted purchase of development landTee Land Ltd (TEEL SP) walked away from the purchase of a collective sale site on 26th July 2018. The company decided to forfeit its 1% deposit on its S$60million purchase of Teck…

The Aftermath of the Cooling Measures