Property News with Marc Reven
Marc Reven stands at the forefront of the fastest moving Crowd Funding Platform trend: Icon Solutions.
He’s spent the past five years evangelising an industry-wide shift to the Company and has helped position Icon as a leader in the public Property Fund.
A calculated risk-taker with deep tech industry knowledge, Mr. Reven has championed Crowd Funding to his enterprise and consumer customers; his channel incentive models have motivated 12,000 partners globally to embrace the Fund. Mr. Reven is recognised for his word is his bond.
Throughout his 13-year tenure with Savills, he has built a reputation for developing business strategies, incubating new business models, and returning high end yields before they are due. He also developed and managed a profitable business model for high-end enterprise services projected to be Icon’s next giant growth opportunity; his pricing models have helped incubate new products into mature revenue-generating funds.
Embracing the core values of integrity, innovation, and growth, Mr. Reven consistently ranks among the top 5% of investment know how.
Mr, Reven holds a Finance MBA and bachelor’s degree in Financial Services. He is a former Finance professional with Morgan Stanley and AT & T Communications and has 15+ combined years of experience in the finance and Funding arenas. Mr, Reven is a valued speaker on Crowd Funding platforms.
More from Marc Reven.
The Housing and Development Board’s (HDB) first Re-Offer of Balance Flats (ROF) exercise has been oversubscribed by about four times, with more than 5,500 applications received for the 1,394 flats on offer as of 5pm on Monday (Aug 7). SINGAPORE: The Housing and Development Board’s (HDB) first Re-Offer of Balance Flats (ROF) exercise has been oversubscribed by about four times, with more than 5,500 applications received for the 1,394 flats on offer as of 5pm on Monday (Aug 7). Of the total number of applicants so far, 2,647 are applying for an HDB flatRead More
Blocks of HDB housing flats around Whampoa area in the central part of Singapore. PHOTO: ST FILE SINGAPORE – There will be 5,291 flats for sale from Tuesday (Aug 1), the Housing and Development Board (HDB) announced. These include 3,897 Build-To-Order (BTO) units in the third BTO exercise this year, and 1,394 units under the first ever Re-Offer of Balance Flats (ROF) exercise. This brings the total number of flats launched by HDB this year to 18,095. Applications can be submitted online on the HDB InfoWEB until next Monday (AugRead More
Prospective buyers at a condominium showroom. (TODAY file photo) SINGAPORE: Private home prices in Singapore fell for the 15th straight quarter in the April to June period, although the pace of decline eased, according to data released by the Urban Redevelopment Authority (URA) on Friday (Jul 28). Prices fell by 0.1 per cent quarter-on-quarter, compared with the 0.4 per cent decline in the first quarter and the 0.5 per cent decline in the last quarter of 2016. Prices of landed properties declined by 0.3 per cent in the secondRead More
Only 34 outbound investment deals were done in H1 2017, against 144 in 2016. Primary-market property sales are up at home, as are en bloc sales THE capital flight to greener pastures abroad from Singapore has slowed to a trickle, amid a turnaround in the property market at home. Data compiled by Real Capital Analytics and Knight Frank Research shows that the number of outbound investment deals dwindled to 34 in the first half of 2017. The figure was 144 for last year, and 503 in 2015. The transactionRead More
The weakening Singapore dollar has made the city-state less expensive for expatriates. Singapore has fallen out of the top 20 list of the most expensive cities in the world, moving six notches down from 18th place last year to 24th in this year’s cost of living survey by ECA International, reported Channel NewsAsia. Topping the list is Angola’s Luanda followed by Hong Kong, Zurich, Geneva and Basel. Nonetheless, Singapore remained the 10th most expensive city within the Asia Pacific region, with Hong Kong taking the lead, followed by Tokyo, Seoul,Read More
SINGAPORE – Resale volume for Housing Board flats went up by 8.1 per cent in May, property data portal SRX said in a flash report on Thursday (June 8). According to resale data it compiled, 1,983 HDB resale flats were sold in May, compared with the previous month’s 1,834. Last month’s resale volume was also 7.5 per cent higher than in May last year, when 1,844 units were resold. At the same time, resale prices last month fell by 0.1 per cent compared with April. [frontpage_news widget=”1942″ name=”Property”] The resaleRead More
SINGAPORE: New Housing and Development Board (HDB) flats in the mature estates of Geylang and Bidadari continued to be in demand among house-hunters, with larger units being the most oversubscribed in the latest Build-To-Order (BTO) sales exercise of 2017. As of 5pm on Wednesday (May 24), the most sought-after units were the four-room flats at Geylang’s Dakota Breeze, with 3,173 applicants vying for 671 units – 4.7 times oversubscribed. These flats are priced from S$489,000 onwards, excluding grants. Five-room and multi-generational flats in Bidadari’s Woodleigh Hillside were also a favourite, withRead More
The protracted downtrend in Singapore’s property market is poised to end next year, with home prices set to double by 2030, Morgan Stanley said in a Wednesday note. “Property market bears expect slower population growth, an ageing population, and a structural growth slowdown to weigh on the long-term property market outlook,” the note said. “We disagree and believe home prices will double by 2030.” That implies a 5 to 6 per cent increase per annum and would mark a reversal from a long downtrend in home prices. InRead More
Pasir Ris Town Centre will be transformed into a vibrant hub with an integrated bus interchange, a new Heritage Garden and partly-sheltered Town Plaza. Under the Remaking Our Heartland (ROH) programme, residents of Pasir Ris can look forward to about 2,000 new HDB flats and a new mixed-use project at the town centre, revealed the Housing and Development Board (HDB) on Saturday (29 April). Situated next to Pasir Ris Park, the public housing developments are expected to be launched in the next three to five years and will comeRead More
Two prime condominium projects are slated to hit the market in the second half of the year amid a significant pick-up in new private homes sales recently. Analysts say the District 9 projects – GuocoLand Group’s Martin Modern and New Futura by City Developments (CDL) – are likely to interest local and foreign buyers if developers can price the units “correctly”. Cushman and Wakefield research director Christine Li believes Martin Modern will be well-received, “as the high-end residential market seems to be bottoming”. Non-landed private home prices in theRead More
Singapore’s recent unwinding of some property curbs, which initially appeared to boost prospects for developers, may instead be creating new problems. After regulators closed a tax loophole that allowed developers to offload apartments in bulk to institutional investors and wealthy Singaporeans, many of the city’s builders now face an unpalatable choice: discount unsold luxury homes or pay stiff penalties for missing government-mandated sales deadlines. Opting for discounts could push home prices even lower, prolonging a three-year slide in property values. The alternative could be even more costly. About 2,098Read More
SINGAPORE: Renewal plans for Woodlands, Toa Payoh and Pasir Ris have been finalised and are ready to be presented to residents to gather their feedback, announced the Housing and Development Board (HDB) on Saturday (Apr 1). The rejuvenation of the three towns was first announced in 2015, under the Remaking Our Heartland programme. In drawing up the plans, HDB said it had actively engaged residents and stakeholders to seek their views and suggestions. Residents of Woodlands, for instance, can look forward to an improved Woodlands Waterfront with a new rustic park andRead More
View of the freehold residential sites at Balmoral Road and Ewe Boon Road. Two adjoining freehold residential redevelopment sites within the Balmoral Road area have been put up for sale by public tender, revealed marketing agent Edmund Tie & Co. Launched in a concurrent but separate tender, the two sites at Balmoral Road and Ewe Boon Road are zoned residential, with a gross plot ratio of 1.6 and a building height control of up to 12 storeys under the 2014 Master Plan. The sites have a combined area ofRead More
More than 800 condo units were resold at a loss this year as economy slows An ultra-luxury apartment with a sea view at Sentosa Cove has made the largest loss in the property market so far this year. Originally bought for $11 million in 2011, the condominium unit at Seascape was sold for $6.35 million in October at a loss of $4.65 million. A high-end property at The Ritz Carlton Residences in Cairnhill Road made the second-largest loss-making deal of $3.7 million in March. Another Sentosa Cove unit atRead More
BUILT TO ORDER Could it be a sign that the Housing Board’s first Build-to-order (BTO) launch this year was on Valentine’s Day and that this launch is also the first time families can apply under the Fresh Start Housing Scheme? Perhaps the parallels are pushing it, but the 4,065 new flats in Clementi, Tampines and Punggol will no doubt provide a good start for couples hoping to start a family. Out of the 4000 plus units, 1,603 will be in Clementi, 638 in Tampines and 1,815 in Punggol. ThisRead More
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