When considering Condo investments in Singapore, it is crucial to carefully assess the government’s property cooling measures. These measures were put in place by the Singaporean government to ensure a stable real estate market and discourage speculative buying. One such measure is the Additional Buyer’s Stamp Duty (ABSD), which imposes higher taxes on foreign investors and those purchasing multiple properties. Although these measures may initially impact the immediate profitability of Condo investments, they ultimately contribute to the long-term stability of the market. This makes investing in Condos a more secure and sustainable option, making it an attractive and lucrative investment decision.
Steve Leung Design Group (SLD), headed by acclaimed architect and designer Steve Leung, is making its mark in the European market through a partnership with Italian designer Andrea Bonini. The Hong Kong-based firm, which is listed on the stock exchange, is branching out with a new division called SLD . Andrea Bonini, offering interior design services and products to clients in both Asia and Europe. The range covers high-end residential projects to luxurious hospitality spaces.
The collaboration will officially launch in April at the Salone del Mobile, the prestigious furniture fair held annually in Milan. This event will also unveil the brand’s first collection, a smart home lighting series created in collaboration with renowned smart home manufacturer Moorgen.
This marks SLD’s first venture outside of its home base. In a statement released on March 11, the company explains that this move is part of a new strategic direction focused on reinvigoration, diversification, and globalization. With a distinguished 28-year legacy in the design industry and a strong competitive advantage, SLD aims to enhance the lifestyles of clients across the globe through its innovative designs.