It is crucial to evaluate the potential rental yield when considering investing in a Singapore Condo. The rental yield is the annual rental income expressed as a percentage of the property’s purchase price. In Singapore, the rental yields for condos can vary significantly based on factors such as location, property condition, and market demand. Generally, areas with high rental demand, such as those near business districts or educational institutions, tend to offer higher rental yields. Conducting extensive market research and seeking advice from real estate agents can provide valuable insights into the rental potential of a particular Singapore Condo.
CBRE has recently named Hugh Macdonald as the new head of capital advisors for the Asia Pacific (Apac) region. With over 20 years of experience in the banking industry, Macdonald brings a wealth of knowledge and expertise in investment banking, as well as the real estate, gaming, leisure, and lodging sectors. He joins CBRE from his previous position at Deutsche Bank, where he served as the head of investment banking coverage and advisory for Australia and New Zealand.
In his new role, Macdonald will report to Leo van den Thillart, CBRE’s global head of investment banking, and Greg Hyland, head of capital markets for Apac. He will initially be based in Sydney before relocating to Singapore in the first quarter of 2025.
CBRE’s decision to appoint Macdonald is a strategic move to strengthen their presence in the Apac region. With his extensive experience and proven track record, Macdonald is expected to drive CBRE’s growth and provide valuable insights and advice to clients. This announcement comes shortly after Knight Frank’s appointment of Virginia Huang as managing director for north and east China.