CEA slaps property agency with $7,500 fine

CEA slaps property agency with $7,500 fine

Square Yards Singapore has been fined $7,500 by the CEA for failing to provide an investor with a written advisory on the risks involved in buying foreign properties...

  • Singaporean buyer scores a bargain at St Regis Residences
    Singaporean buyer scores a bargain at St Regis Residences The Edge Property - 7 hours ago

    One of the first few resale transactions in 2017 resulted in a hefty loss for the seller. On Jan 3, a high-floor unit at St Regis Residences Singapore was sold at a loss of $2.3 million. The seller bought … More »Singaporean buyer scores a bargain at St Regis Residences

    Singaporean buyer scores a bargain at St Regis Residences

    One of the first few resale transactions in 2017 resulted in a hefty loss for the seller. On Jan 3, a high-floor unit at St Regis Residences Singapore was sold at a loss of $2.3 million. The seller bought the unit in a sub-sale transaction in 2008 at $3,100 psf and resold it at $2,268 psf.

  • CEA slaps property agency with $7,500 fine
    CEA slaps property agency with $7,500 fine Property Guru - Fri, Jan 20, 2017 1:27 PM SGT

    Square Yards Singapore has been fined $7,500 by the CEA for failing to provide an investor with a written advisory on the risks involved in buying foreign properties... More »CEA slaps property agency with $7,500 fine

    CEA slaps property agency with $7,500 fine

    Square Yards Singapore has been fined $7,500 by the CEA for failing to provide an investor with a written advisory on the risks involved in buying foreign properties...

  • Are you compensated fairly in land acquisition?
    Are you compensated fairly in land acquisition? The Edge Property - Fri, Jan 20, 2017 1:00 PM SGT

    If your property were to be acquired by the government, how much compensation would you be entitled to? The recent spate of compulsory land acquisitions to make way for the Kuala Lumpur-Singapore High … More »Are you compensated fairly in land acquisition?

    Are you compensated fairly in land acquisition?

    If your property were to be acquired by the government, how much compensation would you be entitled to? The recent spate of compulsory land acquisitions to make way for the Kuala Lumpur-Singapore High Speed Rail (HSR), North-South Expressway and new MRT lines might raise questions on matters pertaining to compensation. …

  • DEAL WATCH: St Thomas Suites unit for $3.35 mil
    DEAL WATCH: St Thomas Suites unit for $3.35 mil The Edge Property - Fri, Jan 20, 2017 12:00 PM SGT

    At St Thomas Suites, a freehold 176-unit project on St Thomas Walk, a 1,819 sq ft, three-bedroom unit was put on the market for sale at $3.35 million ($1,842 psf). Developed by Frasers Centrepoint, St … More »DEAL WATCH: St Thomas Suites unit for $3.35 mil

    DEAL WATCH: St Thomas Suites unit for $3.35 mil

    At St Thomas Suites, a freehold 176-unit project on St Thomas Walk, a 1,819 sq ft, three-bedroom unit was put on the market for sale at $3.35 million ($1,842 psf). Developed by Frasers Centrepoint, St Thomas Suites was launched in early 2007 at prices ranging from $1,750 to $1,870 psf. Typical apartments in the project …

  • Singapore to benefit from Hong Kong tax hike
    Singapore to benefit from Hong Kong tax hike Property Guru - Fri, Jan 20, 2017 11:38 AM SGT

    Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers, media reports said. Hong Kong raised its stamp duty for overseas buyers to 30 percent... More »Singapore to benefit from Hong Kong tax hike

    Singapore to benefit from Hong Kong tax hike

    Singapore may benefit from Hong Kong’s recent increase in stamp duty for overseas property buyers, media reports said. Hong Kong raised its stamp duty for overseas buyers to 30 percent...

  • Oxley posts stellar sales, profit
    Oxley posts stellar sales, profit Property Guru - Fri, Jan 20, 2017 11:11 AM SGT

    Oxley Holdings revealed that its net profit surged by 58 percent to $130.9 million during the last six months of the preceding year, compared to the same period in 2015... More »Oxley posts stellar sales, profit

    Oxley posts stellar sales, profit

    Oxley Holdings revealed that its net profit surged by 58 percent to $130.9 million during the last six months of the preceding year, compared to the same period in 2015...

  • TA Corp bets on the region
    TA Corp bets on the region The Edge Property - Fri, Jan 20, 2017 10:00 AM SGT

    Singapore-listed property developer and construction group TA Corp had its origins as a building contractor. The company was started 40 years ago by Lion Tiong Kui, the father of group CEO Neo Tiam Boon. … More »TA Corp bets on the region

    TA Corp bets on the region

    Singapore-listed property developer and construction group TA Corp had its origins as a building contractor. The company was started 40 years ago by Lion Tiong Kui, the father of group CEO Neo Tiam Boon. At the time, the company was named Liong Kiam Teck, after the current executive chairman and Neo’s eldest brother.

  • Commercial units up for sale at Goldhill Plaza
    Commercial units up for sale at Goldhill Plaza The Edge Property - Fri, Jan 20, 2017 9:00 AM SGT

    Four adjoining ground-floor retail units and a second- floor office unit located at the 999-year leasehold Goldhill Plaza have been put up for sale by public tender. According to CBRE, the guide price … More »Commercial units up for sale at Goldhill Plaza

    Commercial units up for sale at Goldhill Plaza

    Four adjoining ground-floor retail units and a second- floor office unit located at the 999-year leasehold Goldhill Plaza have been put up for sale by public tender. According to CBRE, the guide price for the entire portfolio is $20.8 million ($4,377 psf). Each of the four ground-floor shop units is approximately 893 …

  • The Santorini tops sales in December
    The Santorini tops sales in December The Edge Property - Fri, Jan 20, 2017 8:00 AM SGT

    To date, a total of 317 units, or about 53% of the 597 units, at The Santorini have been sold. Sales at The Santorini, located at Tampines Street 86, off Tampines Avenue 10, was largely bolstered by the … More »The Santorini tops sales in December

    The Santorini tops sales in December

    To date, a total of 317 units, or about 53% of the 597 units, at The Santorini have been sold. Sales at The Santorini, located at Tampines Street 86, off Tampines Avenue 10, was largely bolstered by the well-received launch of The Alps Residences in October, according to an MCC Land spokesman.

  • Park Hotel Group launches new hotel brand Destination
    Park Hotel Group launches new hotel brand Destination The Edge Property - Thu, Jan 19, 2017 4:00 PM SGT

    Park Hotel Group has inked a new management contract with FG Property No 1, a subsidiary of Master Contract Services, to operate its sixth hotel in Singapore. The 300-room hotel, located on 700 Beach … More »Park Hotel Group launches new hotel brand Destination

    Park Hotel Group launches new hotel brand Destination

    Park Hotel Group has inked a new management contract with FG Property No 1, a subsidiary of Master Contract Services, to operate its sixth hotel in Singapore. The 300-room hotel, located on 700 Beach Road, is owned by Master Contract Services and is currently managed by Premier Inn. Park Hotel Group will take over the …

  • Over 12,000 new homes may rise in East Coast
    Over 12,000 new homes may rise in East Coast Property Guru - Thu, Jan 19, 2017 12:10 PM SGT

    The authorities are considering building a new Bayshore district, with more than 12,000 new homes along the East Coast, media reports said... More »Over 12,000 new homes may rise in East Coast

    Over 12,000 new homes may rise in East Coast

    The authorities are considering building a new Bayshore district, with more than 12,000 new homes along the East Coast, media reports said...

  • Straits Trading to acquire Japan property for S$11.6m
    Straits Trading to acquire Japan property for S$11.6m Property Guru - Thu, Jan 19, 2017 11:27 AM SGT

    The Straits Trading Company has unveiled plans to acquire the rights to a freehold rental residential property in Osaka, Japan for 925 million yen (S$11.6 million)... More »Straits Trading to acquire Japan property for S$11.6m

    Straits Trading to acquire Japan property for S$11.6m

    The Straits Trading Company has unveiled plans to acquire the rights to a freehold rental residential property in Osaka, Japan for 925 million yen (S$11.6 million)...

  • HDB chief receives international honour
    HDB chief receives international honour Property Guru - Thu, Jan 19, 2017 10:57 AM SGT

    HDB CEO, Dr Cheong Koon Hean, has emerged as the most recent recipient of the Urban Land Institute (ULI) J.C. Nichols Prize for Visionaries in Urban Development... More »HDB chief receives international honour

    HDB chief receives international honour

    HDB CEO, Dr Cheong Koon Hean, has emerged as the most recent recipient of the Urban Land Institute (ULI) J.C. Nichols Prize for Visionaries in Urban Development...

  • CDL invests in China’s co-working space operator Distrii
    CDL invests in China’s co-working space operator Distrii The Edge Property - Thu, Jan 19, 2017 9:45 AM SGT

    City Developments Limited (CDL) has inked an agreement to invest RMB 72 million ($14.8 million) for a 24% stake in Distrii, a operator of co-working spaces in China. Founded in January 2016, Distrii has … More »CDL invests in China’s co-working space operator Distrii

    CDL invests in China’s co-working space operator Distrii

    City Developments Limited (CDL) has inked an agreement to invest RMB 72 million ($14.8 million) for a 24% stake in Distrii, a operator of co-working spaces in China. Founded in January 2016, Distrii has capacity for more than 2,200 members across nine locations in Shanghai, with 80% of this capacity being taken up already. …

  • Perumal Road site awarded
    Perumal Road site awarded Property Guru - Wed, Jan 18, 2017 4:15 PM SGT

    The Urban Redevelopment Authority (URA) has awarded the tender for a residential with first storey commercial site at Perumal Road to Low Keng Huat (Singapore)... More »Perumal Road site awarded

    Perumal Road site awarded

    The Urban Redevelopment Authority (URA) has awarded the tender for a residential with first storey commercial site at Perumal Road to Low Keng Huat (Singapore)...