<h1>Another Great Thailand pool villa by the Swan & Maclaren Group</h1>Pool villa at Bang Tao beach Phuket Thailand, one of the renowned locations to witness breathtaking sunsets. With an unwavering commitment to creating an unforgettable experience, the designer Mr. Attahaphon Bunya of the Swan & Maclaren Group has meticulously curated to a space that capture the essence of seaside serenity, ingeniously presented the identity of Bang Tao through a fusion of natural materials in a Modern Tropical style. 

This attention to detail permeates every aspect of the interior design, encompassing spacious communal areas, serene private retreats, and thoughtfully curated décor elements, it is meticulously crafted to ensure warmth and comfort. The house is enveloped by a swimming pool, serving as the core of relaxation. 

Earlier this year, the group has won two awards for two of their projects in China, the Shanghai Raffles Hospital and Vietnam, the Lao Cai Project in Lao Cai City, respectively and the group aim to deliver more award-winning projects to their partnering developers.
<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/4b87c4f68af7723895dfa9b3d5ec9c960543070d27721ec03c5bd6400b559308/08_TYPE-L_POOL.jpg" alt="Exterior view with pool"/><img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/6232e80c83b16d68522a42ec69dfa38c1aee21b291868c79b0ce166661c6b2d6/07_TYPE-L_SPA.jpg" alt="Private Spa area"/><img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/b7ac814630b301e50b68906997ab196a1bb5cdb4ce9da3bba520e5835a1f4330/06_INT_LIVING_C_10_230602.jpg" alt="Natural Living Space"/>Swan and Maclaren (www.swanmaclaren.group) have earned its place in history and the built environment in the region with its acclaimed heritage since its founding in 1892, in Singapore. Designing and enabling sustainable projects across Asia has been the company’s early advocacy and practice which can be seen in the company’s strong commitment towards creating a symbiotic and positive relationship between the projects and they are involved in, their user communities and society at large, driving towards a green sustainable and future carbon neutral agenda.Gavin Cheong
info@swanmaclaren.com

Hotels / inns

Residential / Condominium

Architecture / Space design

Management Consulting

Real Estate / Architecture / Construction

Pool villa at Bang Tao beach Phuket Thailand, one of the renowned locations to witness breathtaking sunsets. With an unwavering commitment to creating an unforgettable experience, the designer Mr. Attahaphon Bunya of the Swan & Maclaren Group has meticulously curated to a space that capture the essence of seaside serenity, ingeniously presented the identity of Bang Tao through a fusion of natural materials in a Modern Tropical style. 

This attention to detail permeates every aspect of the interior design, encompassing spacious communal areas, serene private retreats, and thoughtfully curated décor elements, it is meticulously crafted to ensure warmth and comfort. The house is enveloped by a swimming pool, serving as the core of relaxation. 

Earlier this year, the group has won two awards for two of their projects in China, the Shanghai Raffles Hospital and Vietnam, the Lao Cai Project in Lao Cai City, respectively and the group aim to deliver more award-winning projects to their partnering developers.


Another Great Thailand pool villa by the Swan & Maclaren Group

Savills’ executive director of research and consultancy, Alan Cheong, commented that the weakening rental is a relief for people seeking to find accommodation, as rental rates “in more districts start to soften”.&nbsp;

In Cheong’s view, the impact to landlords is marginal as their overall yields remain healthy. Despite weakening in rents, healthy overall yields allow landlords to “effectively counterbalance higher interest costs”. For investors, Cheong added that their financial positions are still well protected as the rental decline remains moderate.

By unit type, the average median rent for a three-bedroom home decreased 3.2 per cent month on month. Year on year, the average median rent increased by 17.8 per cent.&nbsp;

In terms of the sub-market with the highest median monthly rents, Savills noted that District 4 was ranked the highest at S$9,300 per month. This includes areas such as Sentosa, Mount Faber, Keppel and Telok Blangah.&nbsp;

This was followed by District 1 (Chinatown, Boat Quay, Havelock Road, Marina Square, Raffles Place, Suntec City) at S$8,500 and District 9 at S$7,500 (Cairnhill, Killiney, Leonie Hill, Orchard, Oxley).

Marcus Loo, chief executive officer of Savills Singapore, said he believes the period of rising private home rents is over as more homes come onto the market with the passing of the pandemic.&nbsp;

He added that as economic headwinds strain tenants’ budgets, the rental correction will “allow the market to reset to a more sustainable foundation for the longer-term good of the economy”.

<h1>Singapore’s private residential rents fall 2.2% in May: Savills</h1>THE average median rent for private non-landed homes in Singapore declined 2.2 per cent in May 2023, in contrast to the 2.4 per cent increase in the previous month, the Savills May 2023 Rental Guide indicated.

Savills said the softening of rentals for this one-to-four bedroom category was due to an increase in new housing supply in 2023, as more projects are near completion and construction delay issues have been resolved.

It also noted that the challenging macroeconomic situation has compelled companies to tighten their budgets for staff. Cost-cutting has extended to measures such as a smaller budget for expatriates’ rental use as well as staff layoffs.Savills’ executive director of research and consultancy, Alan Cheong, commented that the weakening rental is a relief for people seeking to find accommodation, as rental rates “in more districts start to soften”.&nbsp;In Cheong’s view, the impact to landlords is marginal as their overall yields remain healthy. Despite weakening in rents, healthy overall yields allow landlords to “effectively counterbalance higher interest costs”. For investors, Cheong added that their financial positions are still well protected as the rental decline remains moderate.By unit type, the average median rent for a three-bedroom home decreased 3.2 per cent month on month. Year on year, the average median rent increased by 17.8 per cent.&nbsp;In terms of the sub-market with the highest median monthly rents, Savills noted that District 4 was ranked the highest at S$9,300 per month. This includes areas such as Sentosa, Mount Faber, Keppel and Telok Blangah.&nbsp;This was followed by District 1 (Chinatown, Boat Quay, Havelock Road, Marina Square, Raffles Place, Suntec City) at S$8,500 and District 9 at S$7,500 (Cairnhill, Killiney, Leonie Hill, Orchard, Oxley).Marcus Loo, chief executive officer of Savills Singapore, said he believes the period of rising private home rents is over as more homes come onto the market with the passing of the pandemic.&nbsp;He added that as economic headwinds strain tenants’ budgets, the rental correction will “allow the market to reset to a more sustainable foundation for the longer-term good of the economy”.Savills Singapore is a real estate company specialising in the sale, leasing, and renting of commercial and residential properties.Savills Singapore
enquiry@savills.com.sg
+65 6836 6888

Legal / Patent / Intellectual Property

THE average median rent for private non-landed homes in Singapore declined 2.2 per cent in May 2023, in contrast to the 2.4 per cent increase in the previous month, the Savills May 2023 Rental Guide indicated.

Savills said the softening of rentals for this one-to-four bedroom category was due to an increase in new housing supply in 2023, as more projects are near completion and construction delay issues have been resolved.

It also noted that the challenging macroeconomic situation has compelled companies to tighten their budgets for staff. Cost-cutting has extended to measures such as a smaller budget for expatriates’ rental use as well as staff layoffs.

Singapore’s private residential rents fall 2.2% in May: Savills

Singapore, Singapore, May 03, 2023 - As part of its ongoing digitalisation efforts, CapitaLand is taking its shopping voucher, CapitaVoucher, fully digital. From 1 July 2023, physical CapitaVoucher(s) will no longer be accepted as a mode of payment at retailers across participating properties. This will be fully replaced by CapitaLand’s existing digital shopping voucher programme eCapitaVoucher, which is available through the CapitaStar app.

Consumers who currently hold physical CapitaVoucher(s) are encouraged to use them by 30 June 2023 at the 16 participating CapitaLand malls. Those who are unable to utilise their physical CapitaVoucher(s) by 30 June 2023 can convert them to STAR$® at an equivalent value from 2 May 2023 to 30 September 2023. The STAR$® can be used to exchange for eCapitaVoucher, merchant deals or carpark redemption vouchers on the CapitaStar app.

Consumers can convert their physical CapitaVoucher(s) to STAR$® at the customer service counters at 11 selected CapitaLand malls – Bedok Mall, Bugis Junction, IMM Building, JCube, ION Orchard, Junction 8, Lot One Shoppers’ Mall, Tampines Mall, Raffles City Singapore, SingPost Centre and Westgate. To participate in the conversion exercise, consumers will need to bring along their valid physical CapitaVoucher, have a CapitaStar membership account and download the CapitaStar app on their mobile device. All STAR$® issued from the conversion exercise will have a fixed expiry date on 30 June 2024.

Mr. Reuben Yong, Head of Digital Platforms, Retail &amp; Workspace (Singapore &amp; Malaysia), CapitaLand Investment, said: “We launched eCapitaVoucher in 2019 to complement and enhance the popularity of CapitaVoucher, and the digital shopping voucher programme soon took off. Consumers relish the convenience of buying and gifting eCapitaVoucher 24 hours daily, receiving timely reminders about voucher expiry dates and redeeming their vouchers at various cashier points through the CapitaStar app. Meanwhile, retailers gain access to a faster, more accurate and fuss-free voucher reimbursement process with a significant reduction in paperwork. In 2022, sales of eCapitaVoucher grew by 29% year-on-year, and more than S$280 million of tenant sales were attributed to the usage of eCapitaVoucher as a payment mode.”

“With the increasing consumer and retailer acceptance of eCapitaVoucher, it is timely to take CapitaVoucher fully digital as part of our overall strategy to enhance the digital capabilities of CapitaStar in providing value-adding services for consumers and retailers alike. We will continue to innovate and reinforce eCapitaVoucher’s popularity as Singapore’s most widely accepted digital shopping voucher,” added Mr Yong.

eCapitaVoucher is a key offering of CapitaStar, a popular lifestyle rewards programme in Singapore by CapitaLand with over 1.4 million members. eCapitaVoucher is currently accepted at over 3,200 stores across 28 participating properties, which include the newly opened Sengkang Grand Mall. Since 10 April 2023, eCapitaVoucher is also accepted at shopping malls under the Cuscaden Peak Investments Private Limited portfolio, namely Paragon, The Clementi Mall, The Rail Mall and The Seletar Mall.

eCapitaVoucher can be purchased or exchanged with STAR$® earned on purchases made at participating stores on the CapitaStar app. It can be also purchased by corporate customers via the eCapitaVoucher Corporate Portal, which supports corporate customers making one-time purchases, or eCapitaVoucher Partner Portal for those making recurring purchases.&nbsp;&nbsp;

<h1>CapitaVoucher to Go Fully Digital from 1 July 2023</h1>Acceptance of physical CapitaVoucher as a payment mode will cease from 1 July 2023; Consumers can convert physical CapitaVoucher(s) to STAR$® at 11 selected CapitaLand malls from 2 May to 30 September 2023.Singapore, Singapore, May 03, 2023 - As part of its ongoing digitalisation efforts, CapitaLand is taking its shopping voucher, CapitaVoucher, fully digital. From 1 July 2023, physical CapitaVoucher(s) will no longer be accepted as a mode of payment at retailers across participating properties. This will be fully replaced by CapitaLand’s existing digital shopping voucher programme eCapitaVoucher, which is available through the CapitaStar app.Consumers who currently hold physical CapitaVoucher(s) are encouraged to use them by 30 June 2023 at the 16 participating CapitaLand malls. Those who are unable to utilise their physical CapitaVoucher(s) by 30 June 2023 can convert them to STAR$® at an equivalent value from 2 May 2023 to 30 September 2023. The STAR$® can be used to exchange for eCapitaVoucher, merchant deals or carpark redemption vouchers on the CapitaStar app.Consumers can convert their physical CapitaVoucher(s) to STAR$® at the customer service counters at 11 selected CapitaLand malls – Bedok Mall, Bugis Junction, IMM Building, JCube, ION Orchard, Junction 8, Lot One Shoppers’ Mall, Tampines Mall, Raffles City Singapore, SingPost Centre and Westgate. To participate in the conversion exercise, consumers will need to bring along their valid physical CapitaVoucher, have a CapitaStar membership account and download the CapitaStar app on their mobile device. All STAR$® issued from the conversion exercise will have a fixed expiry date on 30 June 2024.Mr. Reuben Yong, Head of Digital Platforms, Retail &amp; Workspace (Singapore &amp; Malaysia), CapitaLand Investment, said: “We launched eCapitaVoucher in 2019 to complement and enhance the popularity of CapitaVoucher, and the digital shopping voucher programme soon took off. Consumers relish the convenience of buying and gifting eCapitaVoucher 24 hours daily, receiving timely reminders about voucher expiry dates and redeeming their vouchers at various cashier points through the CapitaStar app. Meanwhile, retailers gain access to a faster, more accurate and fuss-free voucher reimbursement process with a significant reduction in paperwork. In 2022, sales of eCapitaVoucher grew by 29% year-on-year, and more than S$280 million of tenant sales were attributed to the usage of eCapitaVoucher as a payment mode.”“With the increasing consumer and retailer acceptance of eCapitaVoucher, it is timely to take CapitaVoucher fully digital as part of our overall strategy to enhance the digital capabilities of CapitaStar in providing value-adding services for consumers and retailers alike. We will continue to innovate and reinforce eCapitaVoucher’s popularity as Singapore’s most widely accepted digital shopping voucher,” added Mr Yong.eCapitaVoucher is a key offering of CapitaStar, a popular lifestyle rewards programme in Singapore by CapitaLand with over 1.4 million members. eCapitaVoucher is currently accepted at over 3,200 stores across 28 participating properties, which include the newly opened Sengkang Grand Mall. Since 10 April 2023, eCapitaVoucher is also accepted at shopping malls under the Cuscaden Peak Investments Private Limited portfolio, namely Paragon, The Clementi Mall, The Rail Mall and The Seletar Mall.eCapitaVoucher can be purchased or exchanged with STAR$® earned on purchases made at participating stores on the CapitaStar app. It can be also purchased by corporate customers via the eCapitaVoucher Corporate Portal, which supports corporate customers making one-time purchases, or eCapitaVoucher Partner Portal for those making recurring purchases.&nbsp;&nbsp;CapitaLand Investment's (CLI) business model adopts an integrated investment approach that creates sustainable value for our shareholders. Our two key business platforms are supported by three synergistic growth drivers: Fund Management, Lodging Management and Capital Management.
Our Fee-Income Related Business (FRB) comprises Listed Funds Management, Private Funds Management and Lodging Management. Together, they provide a steadily growing, recurring fee-based revenue stream.
Our Real Estate Investment Business (REIB) generates a stable flow of rental income from our global portfolio of commercial and lodging assets and is also a source of assets for CLI's managed investment vehicles. 
Combined, both the FRB and REIB business platforms provide CLI with a path to continued growth. CapitaLand Investment Limited
Olivia Lim
+6567133093
www.capitalandinvest.com

Commercial facilities / Office buildings

Construction / Civil engineering

Acceptance of physical CapitaVoucher as a payment mode will cease from 1 July 2023; Consumers can convert physical CapitaVoucher(s) to STAR$® at 11 selected CapitaLand malls from 2 May to 30 September 2023.