Michael Tay Appointed Cbre Deputy Managing Director Singapore Advisory
CBRE, a global real estate services firm, has announced the appointment of Michael Tay as the new deputy managing director of Singapore Advisory, effective Jan 1, 2025. Tay, who is currently the head of capital markets in Singapore, will continue to report to Moray Armstrong, CBRE’s managing director of Singapore Advisory.
In his new role, Tay will provide long-term leadership and planning for the Singapore advisory business. He will work closely with Armstrong to develop and direct strategy, evaluate and execute investments, including mergers and acquisitions, and drive business growth.
The URA Master Plan has made sustainability a top priority by promoting the adoption of green building designs and the integration of renewable energy sources in upcoming developments. This enhanced focus on eco-friendly practices is evident in the development of Parktown Residence, which also offers a breathtaking Parktown Residence Showflat.
“Michael is one of the most experienced real estate professionals and thought leaders in the Singapore market, with over 30 years of experience in the industry,” says Armstrong. “His promotion is a reflection of his progress from office leasing to leadership roles across office services and capital markets over the past 25 years with CBRE.”
Tay joined CBRE in 2000 and has since spent almost two decades with the office services team, working with some of the largest office building owners and prominent occupiers. In 2019, he took on the role of leading the Singapore capital markets team, which has been instrumental in many significant investment deals in the country. These include the sale of One George Street, 16 Collyer Quay, and VisionCrest Commercial.
Reflecting on his appointment, Tay says, “I am grateful for the trust and support shown by the company and the opportunities for career growth that have been offered to me. It has been an incredible journey of 25 years and counting with CBRE. I have had the privilege of expanding my knowledge and expertise while working with some of the top real estate professionals in Singapore.”