Tax authorities in Tokyo uncovered a China-based scheme where 27 billion yen (USD$237m or S$320m) was invested in Japanese real estate to avoid the watchful eyes of Beijing, China – all using cryptocurrencies. According to Japan’s The Asahi Shimbun, officials from the Tokyo Regional Taxation Bureau were conducting a tax audit on a photo studio...
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With condo resale prices increasing for 14 straight months, homebuyers may want to consider executive condos (ECs) as one of the most coveted properties to upgrade to. ECs are a hot favourite amongst HDB upgraders, especially current homeowners who are nearing completion of their MOP and looking to sell their BTO flat in exchange for...
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Over the past week, two en bloc-related news surfaced: Thomson View, which is up for collective sale at a reserve price of S$950m (its 3rd 5th attempt? We lost count…) and Ampas Apartment, where a cancelled en bloc sale resulted in a lawsuit. There are some insights to be learned here, so let’s review them...
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