Archive for July, 2010
1,016 new flats on offer in Bukit Panjang, Jurong West
July 30th, 2010TWO build-to-order (BTO) Housing Board (HDB) projects that will add 1,016 new flats to the market were launched yesterday. The launch means 9,844 flats have been released in seven months, exceeding the 9,000 units offered for...View Property
Exodus of property agents expected
July 29th, 2010THOUSANDS more property agents are set to bail out of the industry over the next 17 months due to tough new rules being introduced by the Government. The regulations will impose a basic educational standard - a...View Property
HDB acquires 4 flats for illegal subletting
July 29th, 2010FOUR home owners have lost their flats in five months after the Housing Board found they had illegally sublet their apartments. Six others were fined as a results of 2,600 checks done from January to May this...View Property
HDB investigates 300 cases for unauthorised subletting
July 29th, 2010SINGAPORE: The Housing and Development Board (HDB) has seized four flats that had been sublet without permission. Another six home-owners have been fined between S$4,200 and S$14,400. Last year, only two flats were seized by HDB. Under its...View Property
S’pore real estate firms axe thousands of agents ahead of new MND regulations
July 28th, 2010SINGAPORE: Real estate firms in Singapore have axed thousands of agents, ahead of the regulatory framework to be implemented by the National Development Ministry. The framework seeks to professionalise the industry, with the introduction of a new...View Property
