Is this Singapore’s most expensive house?
Worth at least $120 million, the size of 92 five-room HDB flats, owned by a prince The mansion mired in a legal battle between the Brunei Sultan’s brother and the country’s national investment agency could well be Singapore’s most expensive residence. The palatial residence of Arwaa Mansion is certainly fit for a prince and … Read more
On the market: New launches
In this weekly column, we bring you a sampling of homes for sale. In the spotlight this week: New launches. Clover by the Park, 99-year leasehold Bishan Street 22/Street 25 Units: 616 Price: $750 per sq ft (psf) on average Launch date: Last Friday This mass-market project has two 39-storey blocks. Sim Lian is releasing … Read more
‘Mickey Mouse homes’ snapped up near Little India
Buyers like these small apartments as they are close to the city and they seem more affordable The area near Farrer Park MRT station in Little India – once largely shunned by developers – has become the playground of smaller property players. These little-known companies have bought land there and launched projects that range in … Read more
Flat sale may not help speed up bankruptcy discharge
Q My brother, 58, was declared a bankrupt three years ago because of a credit card debt of about $90,000. He and his wife own a five-room Housing Board flat and they have to pay $800 every month to service the HDB loan. But he is unable to do so owing to various financial reasons. … Read more
Huh? What are plot ratios?
Where do you see this? In articles about property. The term is often used by those engaged in collective sales. What does it mean? The plot ratio of a site is the gross floor area of the building divided by the site area. The higher the plot ratio, the more gross floor area can be … Read more
