Tony Koe, the Chief Executive Officer of real estate agency SRI, will be stepping down from his role with effect from June 30. According to a press release on May 23, Koe will be moving on to “pursue personal interests”.

During his 7 years with SRI, Koe led the firm to success. Thanks to his efforts, SRI won the Enterprise 50 and Singapore’s Fastest Growing Companies Awards two consecutive years – in 2022 and 2023. He expressed his sincere gratitude to all associated, developers, clients and partners for their continued support.

With Koe’s departure, Bruce Lye, SRI’s managing partner and co-founder will take over as CEO in the interim. The selection process for the next CEO is currently underway and the result will be announced shortly.

This will greatly improve the development of Jurong Lake District as a regional centre with its own brand identity.

CLD is expected to unveil Former JCube‘s new residential project J’den Condo in the later part of 2023.No further information has been disclosed about the project, including its prices and available unit sizes and numbers. It is projected that the upgrade of Former JCube will not only bring in residences and businesses, but will also install recreational amenities and facilities to Jurong Lake District (JLD), thereby boosting the creation of a regional centre with its own distinctive character.

Lye thanked Tony for his contribution to the firm with SRI having grown from a small, lean group to one with over 1,200 salespersons. He also assured that the management bench would ensure that the transition of leadership is smooth and seamless.