From the category archives:

Real Estate News

The Interlace by Capitaland To Be Launched Next Month

September 6, 2009

Capitaland and Hotel Properties Ltd will be launching the former Gillman Heights condominium site with a $1.4 billion design by Ole Scheeren of OMA. The Interlace with a sprawling 81,000 sqm (871,560 sqft) land and a GFA of 170,000 sqm (1,829,200 sqft) will be configured into a 1,040-unit development next month.

Images from The Inhabitat.
Ole Scheeren [...]

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IRAS – No Changes to Tax for Property Gains

August 23, 2009

Nothing new is springing up from Inland Revenue Authority of Singapore (IRAS), after a period of uncertainty especially to property investors with the recent speculations of government measures to firm up the possible taxation of property owners selling their assets for capital yield.
Previously it was proposed that an individual who sells a property would not [...]

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No Stakeholder Monies to Be Held by Law Firms Soon

August 14, 2009

Finally! And I thought it’s going to take them long enough to realize that sometimes even the level which is suppose to be the most just and neutral party might just give you the most problematic issues.
Ministry of Law has came up with a proposal that might allow an entity to be the stakeholder instead [...]

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45% of Viva Condo Units Sold at Preview

August 7, 2009

It was a busy day at the show flat for Viva, an AllGreen launch at the 4th day of its private preview for Knight Frank customers.
107 units out of a total number of 235 was sold till today and not all apartments were fully released. Among the most popular sizes were the 2-bedroom (957sqft) [...]

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Law Firm Pays $750,000 Difference for Not Exercising Option on Time

June 22, 2009

This will serve as a wake up call on the duties as a conveyancing law firm to or even to remind the client to exercise his/ her option to purchase on time.
June 20, 2009
A day late and $750,000 short for law firm
Clients win suit against firm for being late in filing purchase option [...]

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The Edge – Property Done Deals Between April 20th to April 30th 09

May 25, 2009

Get your pdf released of The Edge’s property deals between the week of April 20th to 30th.
This issue focuses on the pick up activity in the recent weeks in sub-sale and resale market. As I’ve mentioned on the activities that are happening a few days ago, everyone can feel the momentum of the subtle [...]

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All Eyes On The Fernhill for DPS Direction

May 6, 2009

The Case
Developer MCL Land has written down a US$1.4 million for the first quarter previously as foreign buyer Concordia Overseas Pte Ltd has not made the necessary payment for its 20 purchased units at The Fernhill.
The Fernhill (District 10) is a 25 unit freehold boutique condominium off Stevens Road. Concordia has bought all 25 units [...]

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Singapore First Renters Insurance

March 8, 2009

Amidst the down times comes opportunity as Sunday Times report on a new product that would be coming to Singapore for landlords; note that this is not something new in other parts of the world.
Next month, Jardine Lloyd Thompson and QBE Insurance Group will launch a rent protection insurance policy aimed at protecting landlords of [...]

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Agency Pays Up on Flipping Profit to Couple

March 6, 2009

Remember the case we mentioned a month ago with regards to two unethical agents? The agency pays up the differences to the original sellers of $257,000.00 and the agents have since quit the firm.
A COUPLE who successfully sued estate agency ERA Realty Network for flipping their apartment has got back the money that the agents [...]

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URA Gazettes Master Plan 2008

December 8, 2008

Alas, the Urban Redevelopment Authority (URA) of Singapore has finally gazetted the Master Plan 2008. The draft version of the plan has been online since months back and has already interestingly piped the way that our country will be shaped the next 10 years.
If you have trouble understanding what is Master Plan from URA, here’s [...]

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