2022

Man claimed S$1.55m Property Trust Deed a “sham to avoid paying ABSD” and took ex-wife (joint trustee) and son (beneficiary) to court

In what is possibly a unique case regarding Additional Buyer’s Stamp Duty (ABSD), a man took his ex-wife (joint trustee) and older son (beneficiary) to court early this year to prove that a Trust Deed for a property he jointly took with her for their son in 2015 was actually a “sham to avoid paying…

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After 4-year BTO queue number drought, 20-something couple gave up and went private instead

“We initially tried to apply for BTO (in various locations) over the span of 3 to 4 years. Sadly, we didn’t manage to get any ballot numbers or flats to choose.” These were the first few words Jeraldine (28), who started working in real estate one-and-half years ago, shared with 99.co when asked about her…

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SingJia: A trio of consultants with a wealth of knowledge in all real estate properties

In this series entitled Agent Success Stories, we sit down with agency leaders to find out their side of the story. From their humble beginnings to the challenges they face on the road to success, we learn that a career in the real estate industry is one filled with boundless opportunities—if you know where to…

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Freehold kopitiam at Jalan Besar up for sale, with guide price of S$28m

A two-storey freehold coffee shop unit at Hoa Nam Building has been put up for sale via an Expression of Interest (EOI) exercise. The guide price of the property is S$28 million. Its total strata floor area is approximately 4,510 sq ft, translating to a price psf of S$6,208. The EOI exercise comes after the…

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Vietnam: A Leading Destination for Regional Real Estate investment today

By Lam Vy, CafeLand Vietnam is a fast-growing market in Southeast Asia with great potential for foreign investors who are seeking to diversify their portfolios and increase returns on investment. Why should you invest in Vietnam? The annual growth rate of Vietnam averaged 5.9% from 2010 to 2020, becoming one of many countries growing at…

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White House Park GCB sold for S$45.5m, Sentosa Cove bungalow sold for S$34.5m

A good class bungalow (GCB) along White House Park has been sold for S$45.5 million this month. With a freehold land area of 15,081 sq ft, this translates to S$3,017 psf. Business Times reported that the GCB was bought by Fu Wei, the chief executive of healthcare-dedicated investment firm CBC Group. The house was sold…

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Ang Mo Kio SERS: Go for the replacement site or ballot for the Ang Mo Kio BTO?

Straits Times and CNA recently reported that those affected by the Ang Mo Kio SERS can get priority if they apply for the Ang Mo Kio BTO in the upcoming August 2022 HDB BTO exercise. BTO priority for residents affected by SERS Besides the Ang Mo Kio BTO site, flat owners affected by the SERS…

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