Tag Archive for: 2309

20 Sep 2023, Singapore – WiseNet Asia partners the Nanyang Technological University (NTU Singapore) to organize an information session for students interested in participating in the Chongqing Internship Program, held from December 2023 to January 2024.

This enriching internship opportunity spans five weeks, commencing on December 11, 2023, and concluding on January 12, 2024. The program aims to equip interested students with comprehensive information, including eligibility criteria, application procedures, financial support options, accommodation details, visa application processes, and the extensive local support available to make their experience seamless.

As we look forward to welcoming a new cohort of students to this exciting program, WiseNet Asia remains committed to fostering academic and cultural exchange. We are confident that this collaborative effort with NTU will continue to create transformative learning experiences for young minds, bridging international borders and expanding horizons. We invite students to stay tuned for further updates on this promising opportunity and look forward to a successful winter internship program.


Singapore, September 15, 2023 – WiseNet Asia, in collaboration with Netxus Global, joined hands with Chongqing Technology and Business University for a highly successful recruitment event. Leveraging its extensive experience in Singapore’s global talent acquisition market, this event was exclusively tailored for PhD holders and students seeking teaching and research positions in various academic disciplines.

With over 200 expressions of interest received, the event saw an impressive turnout of 55 participants. Notably, a significant portion of attendees came from the School of Computing and the School of Business.

The feedback from participants was overwhelmingly positive, with many expressing their keen interest and excitement about potential opportunities. Attendees were particularly eager to learn about available internship positions and how they could rise to the challenge.

Available Teaching and Research Positions:
• School of Economics
• School of Finance
• School of Mechanical Engineering
• School of Environment and Resources
• School of Mathematics and Statistics
• School of Literature and Journalism
• School of Public Administration
• School of Business Management
• School of Accountancy

Our partnership with Chongqing Technology and Business University signifies our commitment to nurturing talent and advancing educational and research excellence.

The resounding success of this event highlights the enthusiasm and potential of our future academics.

Reflecting on the success of this event, we remain steadfast in our belief that education and research are the cornerstones of progress. Our collaboration with Chongqing Technology and Business University was a testament to our dedication to nurturing talent in these vital domains. We extend our heartfelt gratitude to all who participated. Together, we have taken a significant step toward advancing education and research excellence.

WiseNetAsia Knowledge Center
Copyright © 2023 WiseNet Asia Pte Ltd.  All Rights Reserved



As we delve into the second half of 2023, the real estate market in Singapore stands at a crossroads, influenced by various economic and geopolitical factors. To provide a comprehensive perspective, we’ve gathered insights from experts in the field and consolidated their opinions on the current state and future prospects of Singapore’s real estate market.

  1. General Outlook of Singapore’s Real Estate Market for H2 2023

The general outlook for the real estate market in Singapore for the second half of 2023 appears promising, contingent upon economic and geopolitical stability. Notably, Singapore’s economy exhibited resilience, with a year-on-year growth of 0.7% in the second quarter of 2023, up from 0.4% in the previous quarter, according to the Ministry of Trade and Industry (MTI) press release on July 14, 2023. However, several key subsectors require closer examination.

Source: MTI press release 14 Jul 2023.


1.1 Residential Sector

The residential market is expected to experience dampened growth in H2 2023. Government initiatives aimed at curbing cost escalation and enhancing affordability will play a role in this trend. Additionally, the effects of the new Additional Buyer Stamp Duty (ABSD) will likely lead to lower transaction volumes due to supply constraints.


1.2 Commercial Sector

The commercial real estate market, particularly the office sector, has been profoundly impacted by post-Covid workplace changes. Many tenants have adopted hybrid work arrangements, leading to weakened demand, occupancy, and rental rates. Nevertheless, strata office sales remain strong as an investment asset class, and new demand is anticipated from new tenants establishing their presence in Singapore.


1.3 Other Sectors

In contrast, industrial asset classes such as logistics and data centers continue to thrive, benefiting from high yields relative to interest rates. Hospitality is on an upward trajectory, driven by increasing occupancy rates and the resumption of tourism and large-scale events.

Overall, the real estate market in Singapore is likely to experience a slowdown or plateau, with developers adopting a more cautious approach due to inflationary pressures and interest rate fluctuations.


  1. Asset Classes Poised for Growth

To identify the asset classes expected to outperform others in the coming quarters, we turn to expert opinions:


2.1 Warehouse and Logistics

The warehouse and logistics sector is forecasted to perform exceptionally well due to a supply crunch, driving up rents and capital values. This, coupled with robust investor demand, maintains steady yields, even in a high-interest-rate environment.


2.2 Office

Office space, on the other hand, faces challenges as occupiers continue to adjust their office premises. Investment-grade office rent growth in the Central Business District (CBD) stagnated in 2Q2023, and capital values declined.


2.3 Residential

Despite market cooling measures, the residential sector is expected to hold up well, though a slowdown in the secondary market is anticipated.


2.4 Retail

Retail’s resilience, supported by a stable domestic market and consistent international tourism, is expected to drive rental increases and underpin retail asset prices.

Source: JLL Property Research 2Q2023


  1. Real Estate Market Outlook in Other Asian Regions

Beyond Singapore, experts weigh in on the real estate market outlook in other parts of Asia, primarily China and Southeast Asia (SEA):

The recovery of China’s real estate market is expected to benefit SEA countries such as Malaysia and Thailand. Despite challenges in China, some ASEAN nations like Indonesia, India, and Vietnam are positioned for growth. Japan continues to garner interest due to its low-interest-rate environment.


  1. Impact of Family Offices on Singapore’s Real Estate Market

The influx of family offices into Singapore is poised to have a positive impact on the real estate market for several reasons:

(a) Increased funds management activity will lead to greater demand for office space and employment opportunities.

(b) Family offices are likely to allocate more funds to real estate fund management, both directly and indirectly.

With Singapore serving as the Global-Asia Pacific gateway for asset managers and investors, family offices will find opportunities in venture capital and start-up ecosystems, further stimulating investment in real estate assets.


  1. Job Market Trends

In terms of job market prospects, certain sectors are expected to see increased hiring in the next few quarters:

– Fund management, including private and public funds, for both direct and indirect investments.

– Family offices, particularly in private funds.

– Asset and investment management.

– Project development.

– The hospitality sector.

These sectors are expected to drive job creation, supported by favorable economic conditions and increased investment activities.



The real estate market in Singapore for H2 2023 displays a mix of challenges and opportunities. While various factors will influence its trajectory, including government policies, economic stability, and global dynamics, experts remain cautiously optimistic about the industry’s resilience and adaptability. The performance of specific asset classes and the entry of family offices into the market are key trends to watch in the coming quarters, along with potential shifts in the broader Asian real estate landscape.





WiseNetAsia Knowledge Center
Copyright © 2023 WiseNet Asia Pte Ltd.  All Rights Reserved

With the rise of digital networking and job search platforms, it may seem like recruiting the right candidates for your company has become easier. However, many businesses still struggle to find the right candidates, especially for senior or executive-level positions. This is where headhunters come in, helping to expand a company’s network and reach, in addition to talents acquisition.

Headhunting, also known as executive search, focuses on placement of qualified candidates for senior or executive-level positions. These candidates are often passive job seekers, meaning they are not actively looking for a job but may be open to new opportunities if presented and “sold” with the right offer.

Collaborating with headhunters provides numerous advantages that justify the additional HR cost. It goes beyond matching talents with a company’s values and encompasses intangible benefits such as receiving HR advice and the latest insights from headhunters, who often have extensive industry knowledge and connections. Additionally, working with headhunters provides access to new networks and contacts that may not be easily accessible when conducting recruitment independently or in-house.

Here are just a few of the benefits that headhunting can offer:

Access to Top Talent:

One of the most significant benefits of engaging headhunters is their ability to connect businesses with top-tier talent who are not actively seeking job opportunities. These individuals often hold high-level positions in other organizations, making them challenging to identify through traditional job search methods. Headhunters possess extensive networks and relationships with professionals across various industries, granting them access to a pool of qualified candidates who may be an ideal fit for a company. Furthermore, headhunters possess the skills and expertise to identify and attract passive job seekers who might not actively be seeking a new role.

Tailored Recruitment Approach:

Unlike conventional recruiting methods, headhunters adopt a tailored approach to recruitment. They work closely with companies to comprehend their unique needs, requirements for the position, and company culture and values. This understanding enables headhunters to identify candidates who possess the necessary skills and experience and align well with the company’s culture, ensuring their potential to contribute to its long-term success. Moreover, headhunters can conduct in-depth assessments and evaluations of potential candidates to ensure the right fit for both the role and the company.

Read more about tailored recruitment approach: https://wisenetasia.com/talent-acquisition/search-process/

Saving Time and Resources:

Recruiting the right candidates, particularly for senior or executive-level positions, can be a time-consuming and resource-intensive process. Partnering with headhunters alleviates this burden, allowing companies to focus on their core business functions. Headhunters assume the majority of the recruitment process, including sourcing, screening, and interviewing candidates. They also handle negotiations to ensure that companies acquire the best talent available. Consequently, this saves time and resources, empowering companies to concentrate on their core functions and achieve their goals more efficiently.


Confidentiality is often a paramount concern when recruiting for senior or executive-level positions. Companies strive to avoid unnecessary disruptions or uncertainties among their existing staff and may prefer to keep their recruitment efforts concealed from competitors. Headhunters possess the expertise to conduct searches discreetly, ensuring confidentiality and minimizing disruptions. This becomes particularly crucial when replacing a CEO or other senior executives, where discretion is essential.

Professional Expertise:

Headhunters are industry experts with extensive knowledge and experience in recruitment and talent acquisition. They possess a deep understanding of the job market, industry trends, and the skills and qualities required to excel in specific senior or executive-level positions. Leveraging their expertise, headhunters can provide valuable advice and guidance to both candidates and clients. They assist candidates in comprehending the role’s requirements, expectations, as well as the company’s culture and values. Clients benefit from insights into market trends, compensation packages, and others.

Headhunters Facilitate Expansion of Client’s Network and Reach

Perhaps one of the most significant benefits of working with a headhunter is the ability to expand your company’s network and reach. By working with a headhunter, you can tap into their extensive professional network and connections, which can lead to valuable business opportunities and partnerships.

In addition to connecting you with top talent, headhunters can also introduce you to other business leaders and professionals in your industry. This can provide your company with a competitive edge, as you can learn from others’ experiences and build relationships that can lead to new business opportunities.

Furthermore, working with a headhunter can help you gain a better understanding of the job market and industry trends. This can provide valuable insights into the skills and qualities that are in high demand, as well as the compensation packages and other benefits that are necessary to attract top talent.

By expanding your company’s network and reach, you can also increase your brand visibility and reputation in your industry. This can lead to increased brand awareness, customer loyalty, and other benefits that can help your company achieve long-term success.

Choosing the Right Headhunter

While there are many benefits to working with a headhunter, it’s important to choose the right one for your company’s needs. Here are a few tips to keep in mind when selecting a headhunter:

  1. Look for a headhunter who specializes in your industry or niche. They will have a better understanding of your company’s unique needs and requirements.
  2. Research the headhunter’s track record and reputation. Look for reviews and testimonials from previous clients to get a sense of their level of expertise and professionalism.
  3. Consider the headhunter’s recruitment process. Make sure they take a tailored approach to recruitment and have the skills and expertise to identify the right candidates for your company.
  4. Ensure that the headhunter has a thorough understanding of your company’s culture and values. This will help them identify candidates who fit well within your company and can contribute to its long-term success.
  5. Finally, make sure you feel comfortable and confident working with the headhunter. Communication is key, and you want to work with someone who is responsive and easy to work with.


In today’s competitive business environment, finding and retaining top talent is essential to achieving long-term success. While traditional recruiting methods can be effective, working with a headhunter can provide a unique and valuable service that can expand your company’s network and reach.

By tapping into a headhunter’s extensive professional network and expertise, you can gain access to top-tier talent that may not be actively looking for a job. You can also benefit from their tailored recruitment approach, professional expertise, and high level of confidentiality.

Choosing the right headhunter is essential, so be sure to do your research and find someone who specializes in your industry and can provide the level of service and support that your company needs.

Overall, working with a headhunter can be a valuable investment for your company, providing access to top talent, expanding your network and reach, and helping you achieve long-term success.