Get to know about The best investment in Singapore
Singapore is a world-class international city that is one of the most expensive places to live on the planet. The financial district of Singapore has more than 30,000 multi-national companies and each year, it generates 3% of the global GDP. To create a successful economy in Singapore is to enter into partnerships with multinationals who are constantly expanding their networks based on discovering new and new trends throughout the world. The best investment in Singapore that have already become the benchmark for multinationals are the following:
MBS – The iProperty Group
Orchard Road is, for all intents and purposes, the most expensive real estate in the world. It is the financial center of Singapore that has the highest concentration of wealth. The MBS, a state-owned investment company, invests all revenues generated from property sales on a monthly basis amongst its subsidiaries in Singapore. What this means is that as soon as one thing happens in one country and it seems more tied to Singapore than to other countries (i.e., political changes), there’s a huge movement made by MBS who will increase passive investments during times like these.
Temasek is considered to be one of the most important companies in Singapore. It’s a government-owned investment entity that has been operating since 1949 and manages billions of assets on behalf of the Singapore government. With its main focus on property development and infrastructure, Temasek puts all its money into Public Housing Development Board and the National Trades Union Congress (NTC). In addition to this, Temasek is also an influential businessman in Southeast Asia that has a few other subsidiaries through its controlling company, GIC Pte. Ltd. making it a force to be reckoned with in finance and real estate. If you are looking for building a house, then 3dcityplanner.com will be the best-suited option for you.
GIC Pte. Ltd.
GIC Pte. Ltd., one of the subsidiaries of Temasek, has many important interests and projects in Southeast Asia, as well as making private investments in multinational firms that are expanding to the region. In addition to this, GIC is also a leading consortium that is involved in property and infrastructure development across Southeast Asia. In September 2001, GIC made an investment of US$ 1.1 billion (S$ 1.4 billion) into MacDonald Realty Holdings Limited through a controlling company named Raffles Property Holdings Limited which is now called Raffles Property Trust Limited (RPT). Now known as a household name in Singapore, RPT has a portfolio of 3 million square feet of master leasehold space, mostly located along Orchard Road.
CapitaLand is a real estate company that gives importance to providing professional services to the communities and businesses that it is engaged with. In Singapore, it has over 26 million square feet of residential and commercial properties including those which are mixed-used. Its portfolio also includes retail and serviced residences for multinational companies who wish to expand into Southeast Asia. On behalf of the government, CapitaLand has also been involved in many projects such as developing new developments within the city or bringing lands with great potential out from government ownership.
Jardine Matheson Holdings
A company known in the history books for being the first one to set sail in opium trading, Jardine Matheson Holdings is now a powerhouse in finance and commerce with over 6,000 employees based in more than 200 offices all over the world. The firm is involved in many ventures such as real estate, insurance, infrastructure development, and banking. In Singapore, it owns several properties that are valued at more than US$500 million (S$655 million) including residences that were once owned by the Sultan of Johor during colonial times. In addition to this, it has a portfolio of assets which include water treatment facilities and geothermal plants on an ongoing basis.