Newbie Simply Sakal bags management contract for 843-unit Siglap condo
It plans to disrupt the old-fashioned, labour-intensive management-service sector by leaning on technology for prompt, timely response to estate management issues
Singapore
SAKAL Real Estate Partners, a relative newbie in the residential management-services industry, has clinched a mega contract - one for managing a condominium with over 800 units.
This new client is the brand-new 843-unit Seaside Residences in Siglap, which is getting its temporary occupation permit (TOP) later this year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents
Australia home prices sustain growth in April, CoreLogic says
New York City’s rent-stabilised tenants face third year of price hikes
New Zealand house prices dip for first time in 8 months
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million