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Friday, April 30, 2010

Apologies for long delay!

Hi all, many apologies for not writing for so long as I have been buried with all the developments at hand. What have I been up to? I have finally completed the acquisition of the North Bridge Complex, started a new asset management company to manage the real estate assets under the group and I just became the Founder of a listed company, Shun Thai in Bangkok.

All these new developments in the last 4 plus months! In the meantime, the education side is preparing for the paradigm in the education sector in Singapore. I am doing all these under the ERC lines of business. So I really, really beg for your forgiveness that I have not up to date with my postings.

I am so glad that many of you would have profited from the property boom thus far. My calls that the market will be ok and for you to focus on landed property were all spot on. I certainly hope that we can ride such trends together.

I am now in China, after visiting Shenzhen, Guangzhou, Wenzhou, Xian and I am so glad to be back Singapore soon. Before leaving, I was a bit skeptical and worried that the Chinese government’s measures to cool mainland real estate will impact Singapore as Chinese buyers are a force to be reckoned with as they are quite aggressive buyers of properties in Singapore. Plus the whole Greek episode really got me thinking.

In my next posting, I will share what I discovered during this trip. Until then, take care and God Bless, my friends.

Best Regards

Andy Ong
29/04/10