Fake landlord cheats expat of $1,400
HE fell in love with the flat the moment he saw it – so much so that he signed a tenancy agreement on the spot. Mr Bhattacharjee and his wife liked the flat so much, he signed the tenancy agreement that very day. — Picture: CHOO CHWEE HUA But perhaps, he was a tad too … Read more
Prices of good class bungalows still going up, but volume falls
25 deals done in H1 worth $440.65m, against 87 deals for 2007 worth $1.15b THE volume of transactions of good class bungalows (GCBs) may have fallen along with other property sectors but values have not. A GCB is one that sits on designated land no smaller than 15,000 sq ft. And according to an analysis … Read more
Giant property IPO if Mapletree decides to list
Temasek unit ramping up property funds to lay base for consistently high ROE model AN initial public offering for Mapletree Investments Pte Ltd, a fully-owned subsidiary of Temasek Holdings, could take place in the near future, The Business Times understands. Based on recent valuations, the entity could have a market cap of over $5 billion. … Read more
Latest squeeze in parking space: Condos
ADDING to the stress of vehicle ownership in Singapore with ever-increasing numbers of ERP gantries, rising fuel costs and traffic congestion, vehicle owners also find it increasingly difficult to find parking lots in shopping centres and public carparks during peak times – and now even at their home, especially if they have more than one … Read more
