Leading Australian property group, Crown International Holdings Group (Crown Group) has opened its newest office in Singapore, the company’s third overall, and second in Asia after Indonesia.
Located at Suntec Tower Two, 9 Temasek Boulevard, the new Singapore office will expand upon Crown Group’s prominent and growing presence in Asia, Singapore, and the surrounding regions.
Iwan Sunito, CEO of Crown Group observes that the opening of the Singapore office is an exciting step for the company, which was founded 18 years ago in Sydney. According to Mr Sunito, the demand of buyers in the Asian market has grown significantly in the last six months. Furthermore, the Australian government is dedicated to engaging with overseas investors primarily in Asia – a key component in the company’s decision to expand into this chosen market. For Singapore-based investors, Australia is geographically, politically, educationally and culturally attractive.
Crown Group has also appointed Karen Chia as Country Director Singapore. An experienced property professional, Chia has a wealth of knowledge across both the property and finance industries. Karen joined Crown Group as Relations Manager in 2011, working at the company’s head office in Sydney. Born and raised in Singapore, Karen holds a Bachelor of Arts in Mass Communications from the National University of Singapore.
The lucrative, high-end Asian buyers’ market, notably prominent in Singapore, alongside other major cities continues to evolve and grow rapidly. Buying habits have shifted to well-designed, luxury apartments with wealthy, young people looking for more than just a box. Crown Group’s commitment to creating a lifestyle within its properties caters seamlessly to these desires.
Today, Crown Group boasts a $3 billion portfolio of projects under development and in the pipeline and is currently developing and selling four major projects, Top Ryde City Living, a seven-tower development in Top Ryde, Viking by Crown, a 10-storey residential complex in Waterloo, V by Crown, a 27-storey residential tower in Parramatta and Skye by Crown, a 20-storey development in North Sydney launched in June 2013.