The Council for Estate Agencies (CEA) has also warned real estate agents against using “inaccurate, false and misleading claims” to pressure HDB owners into selling their flats for the sake of earning more commission.
PropNex's profit after tax and minority interest (PATMI) increased to $6.76 million during the third quarter of 2020 from $6.11 million over the same period last year.
ERA APAC Centre's Transformation Ceremony on 11 November, attended by Minister Demond Lee, unveiled digital initiatives aimed at making property transactions efficient and seamless.
The government cautions Singaporeans from the lure of cheap mortgages, and to remain prudent "given the labour market uncertainties in the current economic situation".
Social disamenities relating to noises, cigarette smoke and foul smells increased from 600 cases per month between January to March, to 2,100 cases per month from April to July.
The 117,230 sq ft site is owned by the seven sons of the late Cheong Eak Chong – founder of Hong Fok Corporation and Tian Teck group. A two-storey bungalow sits on the site, whose last resident, matriarch Lim Ghee, died in February.
Experts attributed the strong interest received to the Tanah Merah Kechil Link site’s proximity to the MRT Station and its land size, while the interest for the EC site at Yishun Ave 9 was 'unsurprising' as the last EC sites were sold in 2014.