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Property agent confessions on closing deals for the ultra HNWI 

Recently, we’ve heard about Crazy Rich Asian kind of property purchases by ultra high-net-worth individuals in Singapore.  This is as the world is seeing an increasing number of the ultra HNWI — a 9.3% increase from 558,828 in 2020 to 610,569 in 2021. Ultra high-net-worth individuals refer to those with a net worth of at…

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Park View Mansions sold for S$260 million to a team of developers

Singapore-listed Chip Eng Seng, KSH Holdings and SingHaiyi Group have teamed up in a joint tender to acquire Park View Mansions for S$260 million. Earlier this week, Euro-Asia Apartments at Serangoon Road was sold to KSH Ultra Unity Pte Ltd, an indirect subsidiary of KSH Holdings, for S$222.18 million, above its guide price of S$218 million.  The joint venture…

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Reno scam victim “Janessa” bounces back to showcase her renovation journey comeback

Earlier in April 2022, 99.co reported a story about a renovation contractor who had scammed several new homeowners. We followed up with a modus operandi about how the scam happened. One of the victims – 29-year-old Janessa (not her real name) – paid and lost almost S$30k when she engaged the contractor to renovate her…

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