Flat owners are required by HDB to fulfil a minimum occupation period before selling their home, and the owners have to physically occupy the flat. ( read original story ...)
Singapore woman scams victims of US$646,000 including lover who cheated parents of life savings
Joceyln Kwek, 49, scammed 10 people, including her godmother, husband's ex-colleague, and lover who cheated his parents of their life savings She pleaded guilty on Thursday to multiple charges of ... ( read original story ...)
GCB turned urban farm: URA looking into use of Three Arrows co-founder Zhu Su’s property
THE Urban Redevelopment Authority (URA) is looking into the activities being carried out at a Good Class Bungalow (GCB) linked to Zhu Su, co-founder of failed crypto fund Three Arrows Capital. The Business Times (BT) reported on Oct 2 that the GCB, ( read original story ...)
Singaporean Property Agents Censured for Breaching Housing Board Regulations
In a significant development in Singapore’s real estate sector, two property agents have been penalized by the Council for Estate Agencies (CEA) for contravening rules surrounding the sale of public housing. ( read original story ...)
Two property agents fined for marketing empty BTO flats that didn’t meet 5-year MOP rule
SINGAPORE - Two property agents have been fined for marketing Build-To-Order (BTO) flats that did not fulfill their five-year minimum occupation period (MOP). ( read original story ...)
Singapore is fighting rising seas to save US$50 billion in real estate
DURING a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its ... ( read original story ...)
Trust Bank to launch more types of unsecured loans in coming months
SINGAPORE – Trust Bank will roll out more types of unsecured loans to customers in the coming months as the digital bank races towards its goal of being profitable by 2025. Read more at ... ( read original story ...)
Property investment market activity to remain muted for the rest of 2023
Knight Frank expects total investment sales for 2023 to reach around $18b-$20b. Despite an uptick in total investment sales in 3Q23, property experts believe the capital markets space will see muted ... ( read original story ...)
Why Singapore, Seoul and Japan are defying the real estate downturn
Singapore's housing market and South Korea's grade A office market are outperforming most others Japan, meanwhile, is benefiting from efforts to relocate supply chains away from China There are many ... ( read original story ...)
Aedge plans warehouse and workers dorm at new property
Aedge Group, an engineering company listed on Catalist announced it had completed the acquisition of 9 Tuas South Street 11 , a property with a remaining lease of 21 years and 5 months. It has a land ... ( read original story ...)
Singapore Is Ready to Be Rediscovered—By Tourists and Locals Alike
The city's denizens have spent the last few years getting reacquainted with their home. Now a new energy—and sense of identity—is emerging. ( read original story ...)
What is Decoupling and How Can It Help You in Buying a Second Property?
This post was originally published in May 2022 and has been updated to reflect the changes made to the ABSD rates as announced by the government on 26... The post What is Decoupling and How Can It ... ( read original story ...)
Resale Condo Price Singapore: Condo resale prices increase 1% in Aug 2023 [Summary]
The rise in resale prices of condominiums picked up pace in August, reversing two consecutive months of decline as more units were sold. Resale prices ... ( read original story ...)
Doctor sues property adviser who recommended UK hotel investment that flopped, gets S$85,000
Dr Lim Chong Teck bought a unit in the Tillington Hall Hotel because of what Ms Wendy Kwek said during her seminar and exhibition and in emails, but did not receive the promised returns. Instead, he ... ( read original story ...)
How $2.8b money laundering probe affects S’pore’s economy, property and charities
SINGAPORE – Ministers and MPs engaged in a nearly four-hour-long exchange on Tuesday on an ongoing $2.8 billion money laundering probe, the largest in Singapore. ( read original story ...)
Property transactions in $2.8b money laundering case likely had minimal impact on prices: Indranee
The authorities have issued prohibition of disposal orders against 152 properties and 62 vehicles, totalling an estimated value of more than $1.24 billion. The orders mean they cannot sell these items ... ( read original story ...)