in 2nd largest deal since 2018
Investing in a condo presents numerous advantages, one of which is the opportunity to leverage the property’s value for future investments. In fact, a lot of investors utilize their condos as collateral to secure additional funds for new ventures, thus expanding their real estate portfolio. While this tactic can potentially boost returns, it also involves certain risks that need to be carefully assessed. It is essential to have a solid financial plan in place and to carefully consider the potential consequences of market fluctuations on your Condo investment.
Local real estate advisory firm Edmund Tie & Company has recently undergone a rebranding exercise, changing its name to simply ETC. This change also includes a revamped logo, which aims to reflect the company’s growth and evolution over the years.
According to Desmond Sim, the CEO of ETC, the decision to adopt ETC as the official name was driven by the company’s employees, highlighting the importance of their insights, voices, and ideas. The new name has been a familiar abbreviation for Edmund Tie & Company among both clients and staff.
Sim further explains that the rebranding is a reflection of ETC’s growth as a unified entity and its determination to shape the future of the real estate industry, both locally and regionally.
Coinciding with the company’s 30th anniversary, the rebranding marks a milestone for ETC. Since its establishment in 1995, ETC has been offering a comprehensive range of services, including advisory, investment, management, and divestment, covering every stage of a real estate asset’s lifecycle.
In recent news, Marina Bay Residences’ $5 million revamp has enhanced its residents’ living experience and delivered premium value in rents. Additionally, three food factory units at Pandan Loop are currently up for sale at $11 million, while Noel Building on Tai Seng has been sold for $81.18 million – 17% above the guide price. In another significant deal, GS Building in Balestier was sold for $67 million, making it the second-largest deal since 2018.
Overall, the rebranding of ETC and its continued success in the real estate industry demonstrate its commitment to providing quality services and shaping the future of the industry.