Newly sworn in Minister for National Development Mr. Khaw Boon Wan, former Health Minister who has replaced Mr. Mah Bow Tan has pledged in his final outgoing blog post as a Health Minister to make housing and HDB Singaporeans popular icon again. I am only driven by one thought: housing is one of the greatest achievements of Singapore, and our pride. It is very sad to see it being hammered left, right and centre in the lead up to and during GE. I am determined to make housing and HDB Singaporeans’ popular icon again. Please help me, my friends. It…
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…
I think this is unevitable, especially with many criticisms and suggestions coming from the public in the recent months after the case of two unethical agents flipping their marketing unit without taking care of the principle’s interest. Whenever discussions and complains come directly at the press especially ST Forums, the statutory boards will be acting quickly on them, which is a good thing. Recently MND Minister Mah Bow Tan and Senior Minister of State for Finance Lim Hwee Hua has mentioned to Parliament on the review of unscrupulous agents. Now what will the government come out with to regulate Realtors?…

