Why the Singapore Stock Market Loves Property Companies
The Singapore stock market enjoys an advantage over its regional peers, because of the professional excellence of its listed property companies. This is ironical in the sense that most of Singapore’s neighbors have far better and large land resources. Perhaps this handicap has spurred Singapore companies to new heights. Anyway, the stock market certainly is not complaining, and revels in the extraordinary success of this sector.
Singapore stock market members in the property business excel in outstanding township development. Each of their projects is a masterpiece in state-of-the-art building technology, with an abiding commitment to the environment as well. Singapore expertise extends all the way from residential property to commercial realty and industrial parks.
Singapore’s amenities for living and for conducting business have drawn companies and professionals from all over the world. Many enterprises from Europe in particular have created regional bases in Singapore. This move has much to do with the dynamism of the Singapore stock market.
Singapore has taken the concept of commercial realty to such heights that it has acquired an awesome reputation as a shopper’s paradise. Many metropolitan centers in India and other countries have tried to copy the Singapore model, but this island nation’s leadership position for tourists has remained secure, for the eternal benefit of the local stock market.
An interesting spin off of the Singapore realty development expertise is that companies which are members of the local stock market are being increasingly invited to help with large projects abroad. The Russian government, for example, has asked for Singapore’s help to develop Special Economic Zones. This augurs well for property companies, and extends their business potential beyond Singapore’s shores.
August 2006 has seen encouraging appreciation of the property sector on the Singapore stock market. This trend has run counter to uncertain prospects on other exchanges for industrial sectors dependant on energy costs. Immediate prospects for property companies in Singapore continue to be positive, and the professional approach of companies in this business should help them leverage their advantages for sustained profitability.