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property-agent-gets-12-months-jail-for-forgery-stealing-rent-money
A property agent has been sentenced to 12 months in prison for stealing rental money from his Indonesian client and forging his signature to collect the misappropriated funds. Fong Wai Loon, 37, was found guilty by the State Courts on Tuesday (Dec 16) of forgery for the purpose of cheating and cr.....


straits-trading-company-makes-first-property-investment-in-china
Straits Trading Company said on Tuesday (Dec 16) that it will buy a retail development in Chongqing for 668.4 million yuan (S$140.5 million), marking its first foray into China's property market. The purchase of the Times Midtown development from Chongqing BBMG Dacheng Shanshui Properties was don.....


hdb-deficit-spikes-sharply-to-almost-s2-billion
The Housing and Development Board (HDB) saw its deficit in the last financial year more than double to S$1.973 billion as it stepped up the building of homes. According to HDB’s annual report, its overall net deficit for the last financial year – from April 2013 to March 2014 – was S$1.973 .....


jtc-to-offer-two-sites-in-tuas-for-sale
JTC Corporation (JTC) said on Tuesday (Dec 16) that it will offer two sites in Tuas for sale by public tender. The first site, which is on JTC's Confirmed List, is a 0.8-hectare piece of land at Tuas South Street 11 that had been zoned for Business-2 development. The site has a 20-year five-mon.....

EXPERTS CORNER
Private property market prices in Singapore may be levelling off at a new support level after five years of cooling measures that have been very effective at stalling the market. However, it appears the effectiveness of the measures has levelled off. Barring major catastrophes such as war, epidem.....
As the old adage goes, there are three things that matter in real estate: Location, location and location. This saying is spot on, as any real estate agent, developer, property investor or urban planner will tell you. Location, not the physical home, is the most important factor in determining.....
While the majority of Singaporeans own their homes, quite a number of them, especially among the retirees, are asset-rich but cash-poor. And their numbers are growing with our rapidly ageing population. Unless these retirees have other sources of income or can count on the financial support provi.....
Investors should sell their residential investments in Singapore. The property market, which has been gradually declining, does not need any new action to tip it over. Just the sheer number of new homes being supplied both in Singapore and Iskandar will drive prices lower. New private home sales .....
Contrary to common perception, Singapore is not short of space. Across the spectrum from residential to commercial and industrial property, the volume of vacant space is turning out to be a blessing for tenants, who now have much better bargaining power than before. The latest official data show .....
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