hdb flats

HDB resale prices rise 2.5% to record high in Q4

The resale price for HDB flats reached record high in fourth quarter of 2012 but the price increases for the year were slower compared with the previous year. The HDB's Resale Price Index (RPI) rose to 202.9 in the fourth quarter, an increase of 2.5 per cent over the previous quarter. The Housing and Development Board said on Friday that this is the same as the flash estimate released on January 2 this...

Man fined S$40,000 for pratising without estate agent license

A man has been fined S$40,000 for pretending to be a licensed estate agent. Mr Raymond Sim Soon Leong was sentenced on May 25. He will have to serve eight weeks in jail if he cannot pay the fine. The Council for Estate Agencies (CEA) said on Monday that Sim was fined for two property transactions. Sim was charged on 20 October last year representing himself as a sales agent when he was not registered...

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