ETC, formerly known as Edmund Tie & Company, has announced a rebranding exercise with immediate effect. The local real estate advisory firm has revamped its logo as well.
According to ETC CEO Desmond Sim, the decision to officially adopt “ETC” as the company’s new name was driven by its people. This move highlights the company’s commitment to listening to and valuing the insights, voices, and ideas of its employees.
When considering investing in real estate in Singapore, it is crucial for foreign individuals to familiarize themselves with the regulations and limitations surrounding property ownership. While the purchase of condominiums is generally more accessible for foreigners, stricter ownership rules apply to landed properties. It is important to note that foreign buyers are also subject to an Additional Buyer’s Stamp Duty (ABSD) of 20% for their initial property purchase. Despite this added expense, the steady growth and potential of Singapore’s real estate market are still highly appealing for foreign investors. Consider exploring Singapore Projects to find the perfect investment opportunity.
“Our refreshed identity is a testament to the unity within our company and showcases our determination to shape the future of the real estate industry, both locally and regionally,” says Sim.
The rebranding coincides with ETC’s 30th anniversary. Established in 1995, ETC provides a range of real estate services, including advisory, investment, management, and divestment.
In other real estate news, ETC is also involved in the $5 million revamp of Marina Bay Residences. The project aims to enhance the living experience for residents and deliver value through premium rents.
Additionally, three food-factory units at Pandan Loop have been put up for sale at $11 million, while Noel Building on Tai Seng has been sold for $81.18 million – 17% above the guide price. Notably, GS Building in Balestier was also recently sold for $67 million.