Billionaire Kwek Leng Beng's City Developments sold 20% of a luxury residential project in Singapore's financial district amid tepid demand from high-end buyers. ( read original story ...)
Tycoon Ong Beng Seng’s HPL Buys Concorde Hotel Singapore In Deal Valued At $620 Million
Hotel Properties is buying the Concorde Hotel in Singapore’s main shopping strip for $620 million as the developer controlled by tycoon Ong Beng Seng and wife Christina steps up investments in the ... ( read original story ...)
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
THE latest rate cut by the US Federal Reserve is expected to bring “some relief” to Asian and Singapore equity markets, with upsides for the property and consumer sectors. Read more at The Business ... ( read original story ...)
Apex court rules developer can’t retain ‘unreasonable’ $1.2m deposit for $1.9m condo unit
The buyers backed out after discovering their property agent had embezzled their money. Read more at straitstimes.com. ( read original story ...)
Apex court rules developer can’t forfeit ‘unreasonable’ $1.2m deposit for $1.9m condo unit
The buyers did not go through with the deal after finding out their property agent had embezzled their money. Read more at straitstimes.com. ( read original story ...)
Apex court rules developer can’t forfeit ‘unreasonable’ $1.2m deposit for $1.9m condo unit
The buyers did not go through with the deal after finding out their property agent had embezzled their money. Read more at straitstimes.com. ( read original story ...)
Wife of convicted Hin Leong founder puts up Queen Astrid Park GCB for sale at S$100mil
SINGAPORE: The wife of convicted Hin Leong Trading founder Lim Oon Kuin has quietly put up for sale her good class bungalow (GCB) in Queen Astrid Park for S$100 million. The 999-year leasehold ... ( read original story ...)
Joint Housing Loan Guide: 5 Top Things to Consider Before Becoming a Co-borrower in Singapore
Taking a joint housing loan means you need at least one co-borrower. A joint mortgage borrower helps a principal borrower pay for a housing loan. In Singapore, being a co-borrower is a major ... ( read original story ...)
Property agent under investigation for wanting commission from seller who didn’t officially engage him
SINGAPORE — A property agent is being investigated after he allegedly tried to solicit a commission from the seller of a Housing Board resale flat whom he was not representing. The seller, freelance ... ( read original story ...)
MAS champions tokenisation in financial services, a new era for Singapore
SINGAPORE: The Monetary Authority of Singapore (MAS) is accelerating efforts to drive the tokenisation of financial services, unveiling a comprehensive plan to enhance liquidity, streamline ... ( read original story ...)
Jail for woman who allowed her firm’s bank account to receive scam benefits totalling over $1m
Chen Binjue committed the offence after she got involved in a scheme with a money laundering syndicate. Read more at straitstimes.com. ( read original story ...)
3AC co-founder’s wife sells Singapore GCB for $51M, profits $22.5M in just 4 years
SINGAPORE: Tao Yaqiong, wife of Su Zhu, the co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has successfully sold her luxurious Good Class Bungalow (GCB) in ... ( read original story ...)
Property agent under probe for soliciting commission from seller who was not his client
A seller said an agent approached her to market the flat for free, and he would collect commission from the buyer. Read more at straitstimes.com. ( read original story ...)
Bank of Singapore and iCapital join forces
Capital and Bank of Singapore cooperate in order to provide financial intermediaries' access to insights and alternative investments. ( read original story ...)
Singapore opportunities could shine in Hongkong Land’s remaking
It will no longer invest in the build-to-sell segment, and will instead recycle capital from this segment into new integrated commercial property opportunities. The group will work with third-party ... ( read original story ...)
Will Singapore Interest Rates for Home Loans Go Down in 2024?
Will mortgage rates in Singapore go down in 2024? Based on the latest US Fed rates and SORA rates, learn what we can expect of Singapore mortgage rates in 2024. ( read original story ...)