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Of the property stocks, Ang likes City Developments, which has a strong balance sheet and a land bank acquired at cheap prices.
CNN: CHOICE CUTS IN SINGAPORE
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Other planned projects which have fuelled a demand for building workers include a proposed 30-turbine offshore wind farm at Scarweather Sands, off Porthcawl, the proposed development of film studios at Llanharan, near Bridgend and city centre developments in Swansea.
BBC: NEWS | UK | Wales | Warning over tradesman shortage
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Meantime, slow-but-steady transit improvements to the area and policy changes under the new mayor made Moscow City one of the few new developments allowed to continue in the city center, say industry experts.
WSJ: Moscow Business Complex Sees Rebirth