When contemplating a condominium investment, it is crucial to also evaluate the potential rental yield. Rental yield refers to the yearly rental income in relation to the property’s purchase price. In Singapore, condo rental yields can fluctuate greatly depending 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, offer more attractive rental yields. To gain a clearer understanding of the rental potential of a specific condo, it is advisable to conduct thorough market research and seek guidance from real estate agents. For more information on Singapore Projects, please visit Singapore Projects.
Colliers International has recently made two new additions to its leadership team in Asia Pacific (Apac) and Japan. Alex Worthington has been appointed as the director of Asia Pacific capital markets, key client account management, and investor intelligence, while Akira Kuno will assume the position of deputy managing director & co-head of capital markets in Japan.
Reporting to Chris Pilgrim, Colliers’ managing director of global capital markets in Apac, Worthington will be responsible for leading and enhancing key account management for the region’s largest institutional investors. Pilgrim believes that Worthington’s appointment will bolster the company’s multi-service revenue growth and strengthen long-term relationships across Apac.
Previously, Worthington served as a client relations specialist at technology consulting firm Palo IT. He brings with him extensive experience from his eight-year tenure at JLL Singapore.
Meanwhile, Kuno comes into his new role with 34 years of experience in Japan’s real estate and financial industries. He has a proven track record of real estate investment transactions amounting to over JPY1 trillion ($8.65 billion), according to Colliers.
In his new position, Kuno will work closely with Yukihiro Ogasawara, Colliers’ managing director and chairman of Japan, to drive the ongoing expansion of the company’s capital markets business in the country. Ogasawara believes that Kuno’s leadership, extensive market knowledge, and entrepreneurial spirit will benefit their clients in achieving their investment objectives and contribute to the company’s growth strategy in the coming years.
Colliers has also recently made other key appointments in its Hong Kong and Singapore teams, including the appointment of Nicholas Menville as Head of Singapore-based industrial clients. These appointments reflect the company’s commitment to strengthening its capabilities and expertise in key markets in the region.