Divorce is one of the most stressful things one has to deal with. Even more so when the custody of children and division of assets are contested. After all, neither party wants to be on the losing end. As a property portal, we occasionally feature divorce cases that involve the division of matrimonial assets to…
The post Woman’s appeal to exclude China property in her name from matrimonial assets was rejected appeared first on .
(Image credits: CC BY-SA 3.0 (Calvin Cheng) and NUS Computing profile page (Dr Ben Leong)) Over the past week, in light of new record million-dollar HDB resale flats being sold and the September 30 cooling measures, many have given their assessment of runaway HDB housing prices and, for some, how the restrictions either help improve…
The post Former NMP Calvin Cheng and NUS associate professor Ben Leong weigh in on housing policies and prices appeared first on .
In the latest push to campaign Singapore’s efforts towards cultivating a car-lite society, the Land Transport Authority (LTA) has gazetted six more areas as car-lite with effect from 31 October 2022. This includes the four public housing estates of Ulu Pandan, Mount Pleasant, Tengah and Keppel Club, on top of the existing ten car-lite areas.…
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4,263 or 99.9% of the Executive Condominium (EC) units sold in the resale market between 2007 and end-August 2022 yielded an average gross profit of S$295,904 each. Most of these units were sold less than 10 years after they were first bought. The findings were shared by OrangeTee & Tie in its latest Market Watcher…
The post Nearly all ECs resold in the past 15 years made a profit averaging S$300k appeared first on .
Last week, news emerged that Asia’s second-wealthiest man and chairman of Mumbai-based Reliance Industries, Mukesh Ambani, will set up a family office in Singapore and has already chosen real estate here. Like Google co-founder Sergey Brin, hedge fund billionaire Ray Dalio, Hong Kong’s Li Ka-Shing and former De Beers chairman Nicky Oppenheimer, Ambani will be…
The post Mukesh Ambani, who owns the world’s most expensive private house, sets up family office in Singapore appeared first on .
On September 29 (Thursday) evening, the government announced new property cooling measures again. The new rules aimed to moderate demand and ensure prudent borrowing amid rising interest rates. They were also meant to address the public concern of rising home prices and to improve housing affordability. While industry stakeholders and homebuyers were caught by surprise,... [read more]
The post New cooling measures is a waiting game appeared first on Property Soul.