SINGAPORE - Property consultancy CBRE on Wednesday said it has appointed Png Poh Soon as its head of valuation and advisory services for Singapore, with effect from Jan 2 next year.
CBRE said Mr Png brings with him over 17 years of experience in real estate professional services, with a specialisation in land acquisitions and property tax. CBRE's announcement comes a day after Savills Singapore announced the hiring of CBRE's investment sales team. Jeremy Lake, Galven Tan, Yap Hui Yee and Sophia Lim left CBRE in September, and began work in Savills Singapore last Friday, The Business Times reported on Tuesday. Savills said the move was well-timed, given that more capital inflows are expected in Singapore from regional markets
"His vast experience in working with leading multinational companies, financial institutions and regulatory bodies, as well as his extensive network of industry contacts, will further extend CBRE's reach and offerings to grow our valuation business; in particular, expanding our share of pie in mortgage valuation."