Tony Koe, former CEO of property agency SRI, will be stepping down effective June 30. In a press release, Koe cited his desire to pursue personal interests as the reason for his departure. Joining SRI in 2016, Koe oversaw the agency’s transformation from a small firm to one with more than 1,200 associates. Moreover, the organization achieved two consecutive Enterprise50 and Singapore’s Fastest Growing Companies Awards in 2022 and 2023.

With Koe’s departure, Bruce Lye, SRI’s managing partner and co-founder, will serve as interim CEO while the selection process for Koe’s replacement is underway. Lye expressed his appreciation for Koe’s contribution to the agency and added that the management team will continue to work together to ensure a seamless transition in leadership.

Strategically located at Jurong East central, JCube Residence Capitaland is nestled in the heart of the upcoming Jurong Lake District – an advanced lake-side district designated for future corporate and enterprise development. Boasting perfect views of the Jurong Lake, JCube Condo Residence is set to become a stylish and modern residential development amidst the exciting Jurong Lake District.

SRI has been in the news lately for its inaugural auction which was led by Mok Sze Sze, as well as a Cove Grove bungalow that tested the market at $4, 111 psf. Not to forget the most recent acquisition of a Swettenham Close GCB by Viz Branz CEO Ben Chng for $48 million.

These are no small feats, and it is clear that SRI had a great leader in Tony Koe. It is a sad day for the agency as it bids farewell to its former CEO, but it is exciting to think of what the future holds with the company’s new leader.