Residence at Oei Tiong Hiam ( Akta Architects )
What makes a Dream House. Images of fantasy mansions may come to mind. An image of a Dream House should be one that provides comfort, security, style and technology with unmatched amenities. A Dream House should ideally match and reflect your values, personality and aspirations. A Dream House should be organized, without clutter and chaos, to provide peace and comfort. Continue reading
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Posted in General, Luxury Property, Sentosa Property
Tagged Aamer Architects, Akta Architects, Country Heights, Lakeshore View Sentosa, Look Architects, Merlimau Road, Oei Tiong Hiam, Sentosa Cove
THE Government is contemplating a move to ban property agents from engaging in the widespread practice of representing both the seller and buyer of an HDB flat in the same transaction.
The idea is set to get the thumbs up from home buyers and sellers, but could leave some agents unhappy at a potential loss of commission income.
The proposal was released yesterday by the Ministry of National Development (MND) to raise industry standards. The move would ensure that agents are ‘not in a conflict-of-interest position’, it said.
Currently, many disputes arise because an agent represents both buyer and seller in the same HDB resale transaction.
The practice means the seller’s agent often gets a commission from the buyer as well and may refuse to sell to a certain buyer if no commission can be made.
In other words, the agent may not be trying his best to achieve the best price. Continue reading
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Posted in General
Tagged Ministry of National Development, MND, Property Agents
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