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FOREIGN FORAYS

Builders venture abroad for new income streams, to diversify

While developers have been heading overseas in recent years, Singapore is still seen as a core market

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While previously more focused on development projects in Singapore, "we've been open to explore viable opportunities overseas, especially in recent years given the challenging real estate market in Singapore brought about by several rounds of cooling measures," said group chief executive officer of Koh Brothers, Francis Koh.

Singapore

SINGAPORE property developers have been diversifying into new markets and business segments in recent years after several rounds of property cooling measures, which have contributed to a tougher operating environment.

Following the most recent measures, developers that

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