Evia Real Estate to sharpen focus on ECs, commercial real estate
Developer likely to steer clear of private residential market for now due to supply overhang, says its managing partner
Add BT as a preferred source
Nisha Ramchandani
Singapore
LOCAL developer Evia Real Estate will continue to focus on executive condominiums (ECs), while scouring for good buys in the commercial real estate sector as a means of building up recurring income, its managing partner Vincent Ong said.
"Where we're keen on is offices, shopping centres," Mr Ong told The Business Times in an interview. "ECs seem to be still palatable at this point of time. We do a fairly good job with our ECs."
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Room for more offices, homes and green spaces to make Orchard Road more vibrant
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
MAS revises takeover and merger code to enhance competition and disclosures
