Terrence Lin had created the fake listing to gauge the response of potential buyers and lied to CEA when questioned. Read more at straitstimes.com. ( read original story ...)
Big Four Singapore Firms Lead on $1.6 billion Property Buyout
The $1.6 billion buyout, which is expected to be completed in March, marked the biggest real estate transaction in Southeast Asia in 2022. ( read original story ...)
Singapore rents set to climb another 10-15 per cent, due to supply crunch and an influx of wealth
Residential rents hammered Singapore ’s tenants with increases of about 21 per cent in the first nine months of 2022 – and the pain looks set to continue this year. ( read original story ...)
Singapore private home rents set to climb another 10-15% this year: Bloomberg analysts
Private residential rents rose about 21 per cent in the first nine months of 2022. Read more at straitstimes.com. ( read original story ...)
355 people under investigation over scams that cost victims more than RM16mil in Singapore
A total of 355 people are being investigated for their suspected involvement in scams – as scammers or money mules – which led to victims losing more than $5 million (RM16 million), the police has ann ... ( read original story ...)
Buyers from China to return gradually to Singapore property market as travel curbs ease: Huttons
Huttons said demand from Chinese nationals will not surge but increase gradually due to economic uncertainties and the 30% ABSD. Read more at straitstimes.com. ( read original story ...)
CBRE wins US$3 billion property mandate from Singapore’s Income Insurance
US property investment specialist CBRE Investment Management has won a mandate to manage Singapore’s Income Insurance’s US$3 billion real estate portfolio. The portfolio includes property assets which ... ( read original story ...)
5 interesting takeaways from the rare property losses in Singapore’s booming market in 2022
Housing supply was (and still is) at a critically low point, and prices rose across all segments despite cooling measures. It would seem as though sellers couldn’t take a bad ... ( read original story ...)
Singapore’s first appliance subscription platform, Levande by Electrolux, makes life easy for residential landlords
The pay-as-you-use model ensures that your rental property's appliances are not only cutting-edge, but always in good working order. ( read original story ...)
2 injured after power bank catches fire on Singapore-bound flight from Taiwan
Two passengers were injured on a Scoot flight set for take-off from Taoyuan International Airport in Taiwan for Singapore on Tuesday, reportedly due to a portable charger catching ... ( read original story ...)
Daily roundup: 3 units sold in first month but nothing after, here’s why new property agents should worry – and other top stories today
Stay in the know with a recap of our top stories today.1. I sold 3 condos in my first month as an agent, but nothing for 18 months after — here's why new agents need to worryWith the property market ... ( read original story ...)
More property launches in 2023: Some developments to look out for in the months ahead
Analysts expect 30 to 40 new private residential developments to be launched this year, adding 10,000 to 12,000 new homes to the market. ( read original story ...)
18 property agents disciplined in past five years for marketing HDB flats that breached MOP rules
Six of them had their registration suspended for between seven and 48 weeks and were fined between $2,000 and $5,000. Read more at straitstimes.com. ( read original story ...)
18 property agents disciplined in last five years for marketing HDB flats which breached MOP rules
Six of them had their registration suspended for between seven and 48 weeks and were fined between $2,000 and $5,000. Read more at straitstimes.com. ( read original story ...)
Property agents disciplined over breaches relating to HDB minimum occupancy rules; cases rise
SINGAPORE — Disciplinary action has been taken against 18 property agents who helped clients market Housing Board flats that may not have met the minimum occupation period (MOP) between 2017 and 2022, ... ( read original story ...)
Property agents suspended and fined for selling BTO flats before MOP: Desmond Lee
Disciplinary action has been taken against property agents who helped homeowners sell BTO flats before the minimum occupancy period (MOP), Desmond Lee told Parliament on Monday (Jan 9).The Minister ... ( read original story ...)