not to be missed ceo message - huttonsgroup.com the international front, strong sales numbers were...
TRANSCRIPT
petitors. On the international front,
strong sales numbers were observed for
Vietnam, Cambodia and Malaysia.
At Huttons, we seek to provide ample
business opportunities for our Associ-
ates, while ensuring a credible and effi-
cient admin support team. We continue
to increase new business avenues for our
Associates both locally & internationally.
We are grateful for all your partnership
and support. Let us advance towards
making Huttons the Agency of Choice
for all.
Huttons is Singapore’s leading
home-grown real estate group
with over 3000 real estate con-
sultants. Over the years, we have
grown to be the industry leader
in local and international
project marketing, accounting
for almost 50% of all market
Transactions. Huttons is also
actively involved in the second-
ary resale and leasing mar-
kets, operating in all sectors
including residential, HDB,
commercial and industrial
sectors. New operational teams
have been formed to enhance
focus and to provide the best
service and opportunities for our
Associates and Clients.
As we broaden our reach be-
yond Singapore, Huttons Real
Estate Group has established
affiliated offices in Malaysia,
Cambodia, the Philippines
and a partner company in China.
More regional expansion is in the
pipeline as we seek to extend
our network into regional mar-
kets. This has greatly benefitted
our clients, allowing them
better access into foreign
markets while providing
them a multitude of investment
opportunities. We continually
strive to be The Agency of
Choice, by offering the best
service standards, the most
optimal response time, and
the highest level of profes-
sionalism in the Real Estate
Industry.
In recent months, Huttons has
seen stellar results in the
various projects that we have
undertaken. Locally, we were
involved in the numerous
launches of new projects like
Sims Urban Oasis, Bota-
nique @ Bartley, North Park
Residences, High Park Resi-
dences, Adana @ Thomson
and Hilbre 28. We have mar-
keted our first EC Project with
significant success. Our recent
projects Principal Gardens
and Thomson Impressions,
achieved positive sales results
while outperforming our com-Mr Goh Kee Nguan
Chief Executive Officer
CEO Message Not to be missed
in this issue:
Issue 3| Oct - Dec 2015
Highlights Page
Hot Updates on
the latest
Huttons
Projects
2-3
International
Feature -
Explore the
Magnificence of
Indo-China &
Thailand
4-6
Huttons
Updates You
Don’t Want to
Miss
6-7
Top Producers
July -
September 2015
8-9
Upcoming
Activities 10
Huttons
Training 11
Huttons Tips! Principal Garden (Residential)
product design. The land was purchased at
$821 psf ppr, lower than most projects in the
vicinity,
During the launch of Principal Garden, buy-
ers thronged the show flat and about 120
units or 60% of the initial release of 200
units on the first weekend were sold at
an average price of $1,630 psf. This makes
Principal Garden the most affordably priced
development in this location. The starting price
of a one-bedder was only $770,000 while that
of a 3-bedroom lists for only $1.7 million.
There was buying interest across all unit types
and out of the 9 penthouses, 5 were snapped
up. Due to the strong interest, the developer
released another 80 units especially the 3-
bedroom stacks in the following week, bringing
the total of launched units to 280. 3 property
agencies, Huttons, Propnex and CBRE had par-
ticipated in marketing Principal Garden and
Huttons emerged with the best results
with a substantial lead over the other 2.
Principal Garden @ Prince Charles Crescent, a 663
unit, 99-years leasehold development by UOL Ven-
ture Investment and Kheng Leong Company is just a
short walk to Redhill MRT station and a short 10min
drive to the Orchard shopping belt, Great World
City and the Singapore Botanic Gardens. Reputable
schools located within the vicinity include Crescent
Girl’s School and River
Valley Primary School.
It is a short drive to a
wide range of shopping,
recreation and dining
amenities. There will be a total of 4 blocks of resi-
dential units within Principal Garden, all blocks are
well-tilted and positioned so that future residents
will get to enjoy maximised panoramic views in
the comfort of their own beautiful homes. Princi-
pal Garden will be
made up of 80%
greenery and 20%
structure. Nature lov-
ers will be enchanted by
the lush tropical garden
and breathtaking scenery
that surrounds the entire
development. Principal
Garden is the most affordably priced development in
this location.
Principal Garden has a mix of 1/2/3/4/4+1/5+1 bed-
room apartment
sizes and is well-
located next to
a Good Class
Bungalow area
with a strong
Principal Garden is
the most affordably
priced development
in the location.
Page 2
For more info, approach your
preferred Huttons Associate
or call 91009898.
Page 3
chased at $731.10 psf ppr, just slightly higher than the
land cost for Thomson Three at $719.80 psf
ppr. The 99-year leasehold Thomon Impressions
has an average selling price of $1,411 psf with
the smallest one-bedder of 463 sf valued at
$670,000. More than half its units are priced
under $1.2 million. The price as well as the location is
a lure for buyers.
Some 100 units in
Thomson Impres-
sions are one-
bedroom units of
463 sq ft with pric-
es starting from
just over S$600,000, 72 units are two-bedders of 732
-764 sq ft, 72 units are three-bedders of 1,055 sq ft
and 34 units are three-bedroom premium units of
1,195 sq ft. During the weekend launch of Thom-
son Impressions, buy-
er turnout was
strong and 88 out of
the 150 units
launched were sold.
Most of the units sold
were the larger units with 2 bedroom units being the
most popular among buyers followed by the three-
bedroom units. 2 property agencies, Huttons and
ERA participated in marketing Thomson Impressions
and Huttons outperformed ERA in the units sold dur-
ing the launch. Given the project’s attractive price
and location, we expect Thomson Impressions to
continue witnessing strong interest from prospective
buyers.
Thomson Impressions is a 288 unit, 99-years
leasehold condomini-
um development
comprising 2 blocks
of 19 storeys, one
unit of 2 storey stra-
ta bungalow, as well as 4 units of strata semi-
detached units. It is located off Lorong
Puntong in the Upper Thomson area. Devel-
oped by Nanshan Group, it is situated within
walking distance to the future Bright Hill
MRT Station and located near top primary
school Ai Tong and near restaurants and shop-
ping centres such as
Sin Ming Plaza and
Thomson Plaza.
Thomson Impres-
sions is in a low
density area due to the high
percentage of landed prop-
erties and shophouses.
Hence, residents can enjoy the
peace and exclusivity of the ar-
ea. It is surrounded by lush
greenery and recreational amenities such as
the upcoming Windsor Nature Park, Lower
Pierce Reservoir and the Singapore Island
Country Club. There is limited supply of
new residential developments in the Up-
per Thomson area. Freehold Three 11 with
an average price of $1,630 psf has been fully
sold since the launch in July 2013. Thomson
Three which has an average price of $1,337 psf
has sold 437/445 units with a balance of 8 units
since the launch in Sep 2013.
The land for Thomson Impressions was pur-
Thomson Impressions (Residential)
Price &
Location a lure
for Buyers
For more info, approach your preferred Huttons
Associate or call 91009898.
Issue 3| Oct - Dec 2015
Page 4
International Feature - Explore the Magnificence of Indo-China
Indochina is at the continental crossroads of India and China and mainly consists of
the countries, Vietnam, Cambodia, Laos, Thailand, Myanmar and Peninsula Malaysia.
Development is rife in this region with Vietnam and Cambodia taking pole positions in
terms of Economic Progression. The populations of these countries are growing with
a large workforce to support further economic progress. Growth has been strong
with Cambodia and Vietnam displaying 7.0% and 6.0% y-o-y respectively for 2014.
In this edition, we will introduce 3 countries, namely Thailand, Vietnam and Cambodia
and also highlight to you various attractive investment opportunities in each of these
countries.
Vietnam - Country Update
From 1 July 2015, foreigners
can now purchase Vietnamese
properties after a new law was passed in the country’s National Assembly.
Foreigner purchases are capped at a maximum of 30 percent of apartments
within a block and 250 houses in a given ward.
As such, the demand pool for the Vietnamese property market has now
broadened beyond the local context. Nonetheless local sentiments should still
remain strong supported by rising local incomes. Vietnam boasts one of Asia's
fastest rates of middle class expansion, with the economy growing 6.28
percent in the first half of this year. Property transactions in Vietnam
have almost doubled from the previous year as of Aug 2015, reflecting
strong demand from both locals and
foreigners.
Compared to countries in the region, Vietnam has one of the largest population size, standing at
almost 90 million residents. However, as of 2014, its property market is valued at USD21 billion
while neighbours Thailand and Singapore stand at USD89 billion and USD241 billion respectively.
There is therefore much room for the Vietnamese property market to progress, indicating the
possibility of substantial capital gains.
Vietnam (Ho Chi Minh City) - Vista Verde (CapitaLand)
Huttons is proud to bring you our first Vietnam initiative – Vista Verde. Vista Verde is a mixed development by CapitaLand. Nestled
in District 2 of Ho Chi Minh City, Vista Verde boasts 4 Towers of residential Units and 5
floors of retail units. There are a total of 33-35 floors with a total of 1152 residential units.
Within the development, there is an abundance of facilities including sauna rooms, gyms, a
library, tennis courts and many more. The surrounding vicinity includes various
government administrative buildings and also an upcoming metro line.
On 25 October, a preview was held for Vista Verde with over 32 units snapped up within a
12 hour period. Sentiments were so strong that additional units were released in response
to increasing queries for various stacks. Current stocks are running low and desirable units
are moving quickly. Do approach your preferred Huttons International Consultant to
secure your next investment.
Page 5
Issue 3| Oct - Dec 2015
Cambodia (Phnom Penh) - The Peak (Oxley Holdings)
Huttons’ first foray into the Cambodian market was epitomised by the successful launch
of The Bridge, with a total of over 330 units sold by Huttons to-date. Following this
successful launch, we are now embarking on our new project, The Peak. The Peak is a
joint development by Oxley Holdings and Worldbridge Land of Cambodia. This
development is located in a prime location while sharing the same address as the
prestigious Shangri-La Hotel Cambodia. Within walking distance of the
development, you can find numerous entertainment amenities including Aeon Mall, and
NagaWorld Casino, the biggest Casino in Cambodia. It is also located close to the
diplomatic hub of Phnom Penh with the Russian and Australian embassies, the Ministry of Foreign Affairs and the country’s National
Assembly.
The Peak is an iconic mixed development standing at 55 stories with 1,014 apartments spread over 2 towers. It has a generous mix of
studios, 1 Br, 2Br + Study, 3 Br and Penthouses to serve the requirements of all investors. Amenities are aplenty with a yoga studio, a
gymnasium, outdoor pavilions, a games room and many more. Most iconic of the lot is the infinity pool on the 55th floor. Imagine
immersing yourself in the infinity pool of Marina Bay Sands Singapore while soaking in the best views of the city. The same can be said
of The Peak in Cambodia where the best of Phnom Penh can be observed while enjoying a dip in your exclusive rooftop infinity pool.
Almost 90 units have been snapped up since sales started in Q3 2015. Prices start at an affordable US$1xxK with a 12% net
guaranteed rental return over 2 years. Do approach your preferred Huttons International Consultant to own a piece of
Cambodia’s rapid development.
Thailand (Bangkok) - Country Update
Thailand’s property market is poised for an upward movement in prices as the economy recovers amidst the political instability of
prior years. With stronger exports, growing investment activities and increased government spending, Thailand’s economy is
forecasted to observe an average growth of 3.6% a year from 2015 – 2019. This was reflected in the Bangkok’s property market where
a 35% increase in prices was observed in Q1 2015. Demand for housing remained strong, especially so for inner city
developments where projects were sold out within a matter of days. These included, The Monument Sanam Pao by Sansiri,
Ashton Asoke and Ideo Q Siam - Ratchathewi by Ananda Developments.
Thailand (Bangkok) - Ashton Silom (Ananda Development)
Ashton Silom is part of the Ashton line-up of developments by Ananda Developments
of Thailand. The Ashton line up represents the developer’s top range of products with
the best quality finishes and design. Ashton Silom is located in the heart of Silom Road,
right beside the Pullman Bangkok Hotel G. It is just over 300m from the nearest
BTS Skytrain station and is just 4 BTS stops away from the popular Siam
retail district (Malls in Siam include: Siam Square, Siam Paragon, MBK and Central
World). In addition, the Silom, Sathorn & Surawong business districts are all
within close proximity, along with the Thailand’s best higher educational institution,
Chulalongkorn University.
Asthon Silom boast 428 residential units with a mix of 1Br and 2 Br unit types over 48 floors. The development includes an abundance
of facilities including a library, business lounge, cinema room, massage room and a wine bar amongst many others. On the top floor sits
an outdoor garden lounge with spectacular views of the Bangkok skyline. In addition, all units will enjoy Ashton’s 5 start in-residence
service. Local demand for this development is strong with only a selection of units exclusively reserved for foreign purchases. Do not
miss this opportunity to own a piece of Bangkok’s growing luxury property market. Sales will begin on 28 Nov 2015. Please contact
your preferred Huttons Associate for more information.
Amazing Huttons SG50 Celebrations - Creating the Family Spirit of Huttons!
“PLAY HARD & WORK
HARD”. Our Associates had a
fun-filled day with the various
activities from Uncle Ringo,
Bubble Soccer, Laser Tag and
the Huttons Amazing Race.
During the
Huttons
Amazing Race, par-
ticipants had to
race around the
various Huttons
operated show flats
while completing
numerous challeng-
ing tasks. For the younger children, popcorn
and candy floss booths were available to
On 8 Sep 2015,
more than a
thousand Hut-
tons Associates
& their family
members came
together for the
Amazing Hut-
tons SG50 Celebrations. The Amaz-
ing Huttons SG50 Celebrations is a
family event where Associates and
their loved ones come together for a
fun filled morning of bonding and
cohesion. This occasion spurs inter-
action amongst Associates while en-
suring the fulfilment of our corporate
objective to
Page 6
satisfy
their
savoury
needs. It
was a
memo-
rable
day for
all. It was also a meaning-
ful day as we celebrated
the Huttons’ spirit of to-
getherness. For highlights
of the event, please visit
our Huttons Asia Face-
book page. Do remember
to like the photos.
The Huttons Inaugural Career Semi-
nar – “Secrets Revealed” was held on
2 October 2015. The response was
overwhelming, especially so from
external Real Estate Professionals.
During the
course of the
evening, over
100 profes-
sionals
turned up at the Huttons Learning Hub. They
were introduced to earning opportunities, ca-
reer progression tracks and a flavor of what it
feels like to be part of the Huttons family. One
of our senior leaders, Mr Kevin Geow, one of
our top producers, Ms Anna Tan and
one of our outstanding rookie, Ms
Christie How took turns to brief the
audience. It was a fun filled evening
that provided associates with new
Secrets Revealed Seminar (2 Oct 2015)
perspectives on how to achieve
their million dollar objectives.
To catch further highlights from
the seminar, do visit the Hut-
tons Facebook page for more
infor-
mation.
Thailand (Bangkok) - Q Chidlom (Ananda Development)
Q Chidlom is another development in Ananda’s line up of upscale Bangkok
properties. Located along Phetchaburi road, this development sits at the
crossroads of 3 separate public transport networks. With Chit Lom BTS
and the upcoming Pratunam station just 650m from the development, residents
will have multiple access to all destinations across Bangkok. In addition, Q
Chidlom is just over 800m from the airport rail link station of Ratchaprarop,
therefore providing a direct link to Bangkok main international transportation
hub, Suvarnabhumi Airport. This development is also located beside the heart
of Bangkok’s retail sector with Platinum Shopping Mall and the upscale Central Wold Mall all within walking distance.
There are a total of 352 residential units within this 42 storey development. Units come in a healthy mix of 1Br and 2Br configurations
that are fully air-conditioned*, curtained and fitted. Q Chidlom also has an array of facilities including a Turkish hot tub, steam room,
library, social club and garden on the 40th & 41st floor. On the top floor is a swimming pool and garden where residents can soak in the
best views of Bangkok. Sales will commence on 15 Nov 2015. Do contact your preferred Huttons associates to find out more about
this excellent investment opportunity.
various exhibits at the centre, the
children learnt about the 4 taps of our
15 volunteers brought the chil-
dren from Chen Su Lan Meth-
odist Children’s
Home to the
Newater Visitor
Centre at Tanah
Merah. As they
went through the
national water supply and the importance
of achieving self-sufficiency in our water
supply. We are grateful
to these volunteers for
bringing the children on
a memorable & educa-
tional tour.
Huttons Hope - Educational Tour for the Children
Huttons Corporate Leasing
Team is now operational.
This team of consultants
seeks to provide quality
front-end leasing services for
expatriates or corpora-
tions in Singapore. We
know that relocating to
a new environment may
be a unique and chal-
lenging task. Our leas-
ing consultants have
extensive experience in
managing corporate
relocation while providing the best
ancillary services for our clients. For
more details of corporate leasing,
please visit the Huttons Corporate
Leasing website at https://
www.huttonsgroup.com/pages/
corporate-leasing.
Huttons Hope - Fund Raising Activity for Adopted Home
Page 7
Corporate Leasing in Huttons
Issue 3| Oct - Dec 2015
Sharing is Caring!
(SYOG) Committee.
We are thankful to be
given an opportunity in
setting up a donation
booth during the SY-
OG reunion event.
Over a 4 hour period, a Huttons HOPE held our
recent fund raising collec-
tion on 15th August 2015, in
conjunction with the Singa-
pore Youth Olympic Games
total of $1,200
in donations
was raised. To-
gether with Mr
Richard Tan
(SYOG Repre-
sentative), the
donation was presented to the CEO of
Chen Su Lan Methodist Children’s
Home on 3rd SEP 2015 to support of
their daily activities.
“Be a part of the breakthrough
and make someone’s dream
come true”.
Page 10
Our Upcoming Activities
Huttons Convention 2016
NUS Cultural Centre
19 Jan 2016 (Tuesday)
12 pm onwards
Our Invited Guest Speakers are:
Dr Billy Kueek
Dr Billy Kueek is a reputable
motivational speaker & neuro-
linguistic programming (NLP) master
trainer with over 16 years of experience inspiring
thousands of people world wide.
Jimmy Koh- UOB
Mr Jimmy Koh is the Head of Global Economics
and Markets Research in Credit Rating and
Investor Relations at UOB. He has over 16
years of experience in the banking industry.
Dinner and Dance 2016
Huttons Secret Service
Night
4 Feb 2016 (Thursday)
6 pm - 11pm
Marina Bay Sands
Sands Grand Ballroom
Join us in the Annual Dinner & Dance as
you reward yourself for the hard work in
2015!
Our Training Courses
Upcoming Important Dates*
Page 11
Issue 3| Oct - Dec 2015
For registration, and latest course details, Visit Events Calendar on Huttons Website!
Event Title Venue Date Time
EC Policy Training Learning Hub (#05-04) 12-Nov-15 04:00 PM - 06:00 PM
Lawyers on Location: Common Problems Faced by EC Buyers after Booking Day
Learning Hub (#05-04) 12-Nov-15 06:00 PM - 08:00 PM
Listings A&E: Close Sales with Our Leads Generator Learning Hub (#05-04) 18-Nov-15 04:00 PM - 06:00 PM
Empowerment Workshop: Should you begin Real Estate as a Commercial Agent
Learning Hub (#05-04) 18-Nov-15 06:00 PM - 08:00 PM
Lawyers on Location: Common Problems Faced by EC Buyers after Booking Day
Learning Hub (#05-04) 26-Nov-15 04:00 PM - 06:00 PM
BASIC Microsoft Powerpoint 2010 for Real Estate Associates
Learning Hub (#05-04) 03-Dec-15 01:00 PM - 04:00 PM
BASIC Wordpress for Real Estate Associates Learning Hub (#05-04) 04-Dec-15 01:00 PM - 05:00 PM
3 Bishan Place #02-01
CPF Building
Singapore 579838
Tel: (+65) 6253 0030
Fax: (+65) 6253 0090
Huttons Asia Pte Ltd
Huttons International Pte Ltd
Chief Editor: Bernard Lee
Editor: Ngiam Juyong
Content / Designer: Angela Kwok
Research: Dyann Thong
Top Achievers Details: Nadirah
Training Details: Sherlyn Lee
The Editorial Team
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F OLLOW US !
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INSTAGRAM @ HUTTONSASIA
Issue 3| Oct - Dec 2015
Huttons Asia Pte Ltd
Huttons International Pte Ltd
Huttons at the Technology Cutting Edge
References:
http://www.vietnam-immigration.org.vn/news/view/foreigners-have-over-3-month-visa-can-own-houses-in-vietnam.html
http://www.cnbc.com/2015/08/02/vietnams-fast-rising-property-market-leaves-hard-times-behind.html
Nomura Research Institute
EIU
http://property.bangkokpost.com/news/648476/new-condos-down-prices-up