Better laws needed to regulate estate agents
I REFER to the Saturday Special report, ‘Rodeo realtors’ (April 19). While the number of complaints is of much concern, it should be noted that they are committed by errant agents from a few companies. As realtors deal with high value-added services, it is unfortunate that many of these complaints have invoked strong reactions. For … Read more
Don’t tar all with same brush
I ENJOYED the Saturday Special package of features on the real estate sales industry (April 19). But I was disappointed and dismayed by the statement by Dr Yu Shi Ming, head of the real estate department of the National University of Singapore (NUS), when he was quoted as saying: ‘Every time people think of real … Read more
Temp office site in Newton draws four bids
A TENDER for a second temporary office site on Scotts Road and Anthony Road has attracted less interest than the first site adjacent to it. Temporary sites are being offered for development as offices as part of efforts to ease an office space crunch. Sun Venture (S) Investments, a development and property asset management company … Read more
Buyer beware
The world of real estate 82 No. of cases filed (January to December 2007) Top complaint 1. Unsatisfactory services CASE STUDY A consumer signed a commission agreement with a property agent to find a tenant for her flat. The agent claimed it was market practice to pay one month’s rental as commission, according to the … Read more
Slowdown may stretch into next year: PM Lee
For S’pore, much depends on the shape of the US downturn – whether it’s V, U or L To the eternal optimists who think that the Singapore economy will rebound from its lean patch in the months to come, Prime Minister Lee Hsien Loong offered a sobering projection: he expects the slowdown to continue into … Read more
Singapore design sets sights on Europe
THE words ‘Made in Singapore’ may not have meant much to the casual observer overwhelmed by the multitude of international names and cutting-edge designs at the just-ended Milan Furniture Fair. But for the six local design companies making their debut showcase in the most prestigious furniture fair in the world, it was a seminal moment. … Read more
