The Centris is a 610-unit condominium spanned across 12 blocks above Singapore’s largest suburban mall, the extension of Jurong Point Shopping Centre. You can find everything and anything under the sun at Jurong Point Shopping Centre including a cineplex, eateries, IT/digital, health and beauty, fashion and hypermart. Raffles Place is a mere 30 minutes away and a new MRT and SAFRA Club is also in the...
General
The Government may have raised the ante for the property sector with a string of warnings, but analysts don’t expect official measures to follow any time soon to cool investor fervour. A sense the Government remains sanguine about the market, and the impending supply of homes over the next year or so, are reasons the property sector has yet to feel the heat, they said. Describing recent Government...
I am renting out my apartment for the first time and am not very sure exactly what the agent’s job involves and what services I am actually paying for. Firstly, I understand that the tenant does not have to pay any commission if his monthly rental is above $2,500, with the landlord instead having to pay the full commission to the agent. I would like to know why there isn’t a cap on such commission to...
The current buoyant property market is creating a new set of problems for would-be buyers and tenants. We now hear of unscrupulous agents. Many are becoming greedy. They do not want to work on a co-broke basis, be it a sale or rental. They want the commission from both parties for themselves. Moreover, there are instances of agents acting against the interests of buyers by pitting one buyer against...
The Azure. The crown jewel of Sentosa Cove. At the very tip of the exclusive enclave of Sentosa Cove, surrounded by unhampered 180 degree sea views, in an exquisite splendour all its own is The Azure. A condominium that is like no other in Singapore of just 116 precious units. A privilege to own, a luxury to reside in, a pleasure of experience daily, an outstanding investment that grows more valuable by...
… but buying your own home ensures you’re not at the mercy of fluctuating rental prices, says VASU MENON BUYING a home is probably one of the most important financial decisions an individual will make in his lifetime, especially since the outlay is significant and the decision involves a long-term commitment. But if you plan to stay in your country of residence for the long haul and make it your...
Sense of satisfaction Singaporeans get with home ownership comes at too high a price, argues CHARLES TAN IT’S a topic that became a popular conversation piece a few years ago when homeowners found themselves caught in the nadir of the property slump and “negative equity” entered the layman’s dictionary. “Buy or Rent?” went the question. For almost everyone, this was ridiculously rhetorical....
Few can admit to owning property in the ultra-posh Sentosa Cove. So, how did this shipping magnate get his foot into the gilded door? IT’S incredible he allowed me to sit in his office all by myself for a good 10 minutes. Where most corporate chiefs here cordon off their sacred thinking spaces from reporters, this man from the Cove has no such qualms. The room offers a quick introduction to Mahesh...
Singaporeans are uneasy and foreigners are fretting. But their concerns about the frothy property market may be unfounded for now, according to the Republic’s Senior Minister. Mr Goh Chok Tong, who as then-Prime Minister presided over the cooling of the 1996 property fever, is losing no sleep over the current surge in prices. “Property bubble is short-term. I think the property market is active, but...
Unmanageable mortgages can break up a family Letter from Gilbert Goh Keow Wah I refer to the article “Time to play it cool” (July 5). It is timely that the Government has stepped in to cool down the current property fever that is gripping the nation. Today, the situation is not unlike what it was in 1995 and 1996, when people bought up residences and prices bordered on the ridiculous. People were...