Sunway has confirmed the move to A+M. Kho who starts the new role in August, will report to Sarena Cheah, managing director of property division for Malaysia and Singapore at Sunway Berhad. A+M understands this is a newly created role. Kho will be heading ... ( read original story ...)
Building a S$16 mil gem on Singapore’s Emerald Hill
Toh had been investing in property for more than 20 years ... The travertine had been shipped from Italy to the factory in Singapore, where it was cut again, and then transported to the house. The travertine cost about S$250,000, and Toh estimates that ... ( read original story ...)
Singapore central bank says property market curbs to remain
Singapore’s central bank said on Thursday that curbs on the property market remain necessary despite a 12 per cent decline in home prices over the past 14 quarters. Ravi Menon, managing director of the Monetary Authority of Singapore, said it was “not ... ( read original story ...)
Illegal short-term rentals on the rise, neighbours encouraged to report suspicious activity
View of high-end private apartments in the Orchard Road area. More private property owners in Singapore are renting out their units for illegal short-term stays via apps such as Airbnb. According to the Ministry of National Development (MND), the number of ... ( read original story ...)
What you should know about the new tax treaty between Thailand and Singapore
The new DTA is specifically targeting real estate companies — “property-rich companies.” Previously on the DTA, if a corporate group is using a Singapore organisation as a holding company, it would not be subject to any Thai tax. You could come to ... ( read original story ...)
Singapore Central Bank: Token Sales May Be Subject to Securities Laws
Singapore's central bank has issued new statements on the ... Some digital tokens may represent ownership or a security interest over an issuer's assets or property. Such tokens may therefore be considered an offer of shares (like in the ICOs, where ... ( read original story ...)
City Harvest case: Court reserves judgment on interpretation of criminal breach of trust as agents
SINGAPORE - The Court of Appeal on Tuesday (Aug 1 ... Section 409 makes it an offence for a person who misappropriates property that is entrusted to him "in the way of his business as a banker, a merchant, a factor, a broker, an attorney or an agent". ( read original story ...)
Parliament mulls curbs on property management committees to rein in ugly spats
SINGAPORE — Amid nagging complaints of abuse of power by ... condominium The Sail @ Marina Bay convened an extraordinary general meeting to remove three property agents who had elected themselves as council members and allegedly misused their powers ... ( read original story ...)
Chevron House in Raffles Place up for sale
This was in spite of a note of caution sounded by Mr Augustine Tan, president of the Real Estate Developers’ Association of Singapore (Redas) at a property seminar earlier in the month, when he said it was still “too soon” to assume that the property ... ( read original story ...)
Highlight: A Peek Into The St. Regis Singapore
Occasionally, Ke Zhan and other local artists visit the property to speak with visitors and discuss the inspirations behind their art. Aside from that, The St. Regis Singapore also hosts the “Art of Living” for in-house guests, a daily, 30-minute tour ... ( read original story ...)
Property prices expected to rise 10%, survey shows
Thais are concerned about what lies around the corner for Bangkok's real-estate market, but expect to see property grow in value over the ... a subsidiary of Singapore-based PropertyGuru Group. "But we also see very strong long-term optimism about ... ( read original story ...)
Roxy-Pacific Holdings posts sharp drop in Q2 earnings
Roxy-Pacific said its recent launches here and in Australia have done well: Straits Mansions in Singapore is fully sold, while Sydney projects such as The Hensley and Octavia sold 93 per cent and 95 per cent respectively. Hotel ownership and property ... ( read original story ...)
Singapore Banks Could Use the Skepticism
especially since it's still unclear if the property market has bottomed after 15 consecutive quarters of sliding prices. It's not just about asset quality. Even the core business of Singapore banks needs a healthy dose of skepticism. This column does not ... ( read original story ...)
Retired lecturer jailed for inciting violence
The retired Singapore Polytechnic lecturer who created a Facebook account ... with the potential to cause serious injuries and property damage. Tang, he said, had perversely exploited the anonymity of the Internet. His comments were clearly words inciting ... ( read original story ...)
Parallel imports and the limits of the exhaustion of rights defence in Singapore
Singapore has thus far taken a largely favourable stance towards ... premised on allowing the proprietor to receive ‘fair reward for the exploitation of his property right’”. In this case, the commercial value that Samsonite sought to realise from ... ( read original story ...)
Nomura Real Estate to sell condos in Bangkok
Partnering with local real estate giant Origin Property, the Tokyo-based company will begin building ... via a Southeast Asian regional headquarters company established in Singapore. In addition to increasing the number of units sold in Bangkok down ... ( read original story ...)