Singapore

Ben Rebeiro - SingaporeLocation: Singapore, Malaysia
Dates: February to April 2018

Name: Ben Rebeiro
Graduate Scheme: London Surveying

Ben headed over to join the Singapore team for 3 months as one of his rotations on the Graduate Programme. Ben's blog is below, so do have a read to find out more about his experience and the Singapore property market.

Blog

I landed in Singapore at the beginning of February with the first two months absolutely flying by! Singapore is a fantastic place, a real mix of the old and the new of South East Asia with the historic remnants of British and Malaysian rule, coupled with the new high-rise, skyscraper CBD, reclaimed land and the iconic Marina Bay Sands. I was surprised with how lush and green the city is, there are a great many public parks, jungle walks, and tropical forests to explore with wildlife everywhere. The otters and iguanas certainly making a nice change from pigeons!

While in Singapore I am working with the Development Projects team under John Timms and Peter Adam working on projects across South East Asia. We have been involved in development projects in Bangkok, Hua Hin, and Chiang Mai in Thailand, Cam Ranh in Vietnam, Malaysia, and Indonesia, whilst we are actively pitching for jobs all around the region.

The scale of the development projects in the region is incredible with land plots well in excess of 3,000 hectares in some instances. Much of this development is being driven by, or looking to take advantage of, China's Belt and Road mega-infrastructure project. The redevelopment the old silk road from China, across Asia, and towards Europe, in addition to the redevelopment of major port cities in Southern Asia and the Middle East is the largest infrastructure project on Earth. Many more residential focussed developments are also looking to supply Asia's rapidly expanding middle-class population with both first and second homes on the outskirts of cities or in tourist destinations which are being aided by further infrastructure developments such as high speed rail networks.

We work with both UNHWIs and institutional investors/developers from across Asia which makes meetings interesting with a great mix of languages and cultures coming together. Developers and investors are full of optimism, very open-minded to new ideas, and are massively ambitious. Driven by government initiatives and a huge consumer base, developers are also taking advantage of new disruptive technologies such as block-chain/crypto-currency based capital raising to fund projects rather than simply relying on traditional methods of debt finance.

Away from the office I have been enjoying exploring Singapore, visiting the undeveloped island of Palau Ubin spotting monkeys, wild boar, and horrible spiders! I spent Chinese New Year in China Town celebrating the year of the dog with traditional bangers and fireworks, exploring the Colonial District and Little India, eating in the traditional Hawker centres of Lau Pa Sat as well as getting very burnt at Gardens by the Bay for my first day in the office…not a great look. We enjoyed the Savills Dinner Dance to celebrate Chinese New Year which was a great way to meet people from across the region and get dressed up in retro disco outfits!

With a month to go there is lots more to be achieved and to be explored!

Xia Ci Jian!