A closer look at what happens in Singapore knock down sessions and what a buyer should look out for.
Okay so you looked at my site and there’s this magnet property that you’re keen in in one of the latest auction list.
Inspecting the property before auction day
There’s always details on the Auction List on the person-in-charge of the property. You could arrange with him/her to view the property prior the auction before deciding whether to bid for it. This is the best time to also do your full due diligence on the property such as the state, the size, the maintenance cost etc. Continue reading “Buyer’s Guide to Singapore Property Auction”→
The verdict is finalized with actions taken by Singapore Government. Ministry of National Development will take the reigns over from Inland Revenue of Singapore to create a Council for Estate Agencies (CEA) as the licensing authority for real estate agents.
MND will introduce a Bill in Parliament in the second half of this year to set up the new Council and to establish the new regulatory framework.
I’ll just highlight the most important point which most fellow agents are keen to know,
Arrangements will be made to help existing estate agencies and agents transit to the new licensing and registration framework. For instance, they will be exempted from the new educational qualification criterion.
Those who have passed an industry examination will not be required to take a new examination.
Those who have not passed any existing industry examination will be given one year to pass the examination, and be given a provisional registration in the interim.
Existing agents who are undischarged bankrupts or have past criminal records will be considered for registration on a case-by-case basis.
So you’ll definitely need to sit in for either CES or CEHA before practicing. To read the article in details, check out AsiaOne.
Is this going to be a dream team for property agents and home owners? I love StreetSine reports as they always allow me to give the best and most accurate presentation to Homeowners on what is happening to their housing rentals and values. But to team up with iProperty for property listings. Hmm, It seems grey.
Anyway, here’s the press release from StreetSine
30 April 2010.
StreetSine Pte Ltd, Singapore’s leading provider of property information and analytics, is pleased to announce that it has teamed up with iProperty.com.sg, Singapore’s leading property search portal.
StreetSine will display iProperty property listings on www.streetsine.com. This means that when a property agent posts a home listing on iProperty.com.sg, it will automatically be displayed on StreetSine’s webpage, at no additional cost.
Orchard Scotts is the winner of the FIABCI Prix d’Excellence 2009 (Residential Category). This makes Far East Organization the only developer in the world to win five FIABCI Prix d’Excellence Awards, the highest honour in international real estate.
Orchard Scotts is a study in modernism by none other than the most cutting-edge artictectural firm in America; the highly acclaimed, award-winning Arquitectonica of Miami, Florida. The designer of such architectural gems as the The Atlantis, Beverly Hills Residences and The Westin New York at Times Square, Arquitectonica is recognised worldwide for its excellence and innovative design.
One of the last sizeable freehold sites in Orchard Road, Belle Vue is a collaborative effort by an award winning team led by world acclaimed Japanese architect Toyo Ito applauded for his organic geometries and sensitive interpretation of nature.
Through an intimate setting with nature, the units are planned in a manner that balances the best possible relative position to each other.