Category Archives: General

No need to rush for mass market homes

Property experts say there is no shortage of mass market homes for sale in Singapore, referring to properties under $1,000 per sq ft or slightly above it.

Apart from new launches coming up, there are also unsold units from existing launches.

These include the remaining phases of Far East Organization and Frasers Centrepoint’s site in Bedok Reservoir, and smaller projects by other developers, said CBRE.

Also, Hong Leong Group’s sites in Flora Road and Pasir Ris Drive 1 already comprise more than 3,000 new units.

There is also ample leasehold land available for redevelopment, though not all sites will be equally attractive.

Suburban plots purchased by developers include sites in Yishun, Khatib, Toa Payoh, West Coast and Optima in Tanah Merah, said CBRE executive director of residential Joseph Tan. Continue reading

Bickering neighbours: A question of formality

More warring neighbours are heading to the Strata Titles Board (STB), which hears disputes involving private estates. We highlight two unusual cases.

A CASE brought before the STB in 2005 involved a small development of only four homes in Robin Lane off Bukit Timah Road.

Two units were owned by a couple, Dr Si-Hoe Kok Chun and Madam Tan Choon Lian, while another was owned by Mr and Mrs Yeo Chin Hoo. The last belonged to Ms Shanti Ramesh Ramchandani.

Their annual general meetings had been held informally since 1981. The owners were invited at each year’s meeting to be its management council members and took turns to be office bearers. Continue reading