This article first appeared on Edgeprop Singapore: https://www.edgeprop.sg/property-news/edith-tay-trailblazer-commercial-real-estate-and-mentorship "Becoming a top producer requires a growth mindset. I coin the word GROW — Gain trust, build strong Relationships, Optimise client service and Work with integrity." — Edith Tay A forward-looking entrepreneur who...
Commercial property has faced challenges in recent years, grappling with factors such as rising operating costs, inflation and shifting consumer behaviours. The question now: Is it on a recovery path, poised for growth? What are the trends that investors and businesses should look out for in 2024? Edith Tay, Founder, PropertyBank Pte Ltd gives us the lowdown. Presented by Ryan Huang and Audrey...
A government rental voucher under the Parenthood Provisional Housing Scheme will be given to eligible families awaiting their Build-To-Order flats This newly announced move has property experts and agents expressing concerns about its impact on resale rental prices Some said that landlords might exploit the situation by raising rental fees due to the expected high demand from voucher...
Asia’s resurgence post-Covid is creating a new generation of women-led businesses, prompting governments to consider how to establish a more inclusive economy Funding woes, work-life balance and prejudice remain hurdles for women entrepreneurs, who say having supportive business partners and spouses can be half the battle won As a flight attendant for Singapore Airlines, Kay...
An insight into answering the ever-burning question of buying or renting your property The two major costs on a company’s profit and loss are staffing costs and real estate costs. How can you better manage the latter: real estate costs? Should small and medium enterprises (SMEs) rent or buy their property? Any SME would have readily answered that they should buy in the long run. Rather than weighing...
Doing the Sums – Purchasing a Business Property With all the rage about rising prices in commercial and industrial properties, small and medium enterprises (SMEs) have started to scramble to buy property of their own in the hopes of cutting down expenses on rent. This can often be a confusing process, with the insurmountable load of advice and information being thrown to them. When in search of...
Key considerations before making that crucial decision Businesses which have spent years renting their office, industrial or retail spaces, have often dreamt that they would own their premises and do not need to face the landlords. However, it takes planning to achieve the dream to own. When you are buying a commercial property for the purpose of running your business, it is more than just the property...
