Tag Archives: General

Dishonest Singapore Property Agent Cheats Novice Property Buyers

Posted on 14 Sep 2009 | Comments Off on Dishonest Singapore Property Agent Cheats Novice Property Buyers

Today we watched in horror another Dishonest singapore property agent attempts to cheat hdb property buyer. He asked for deposit of $1000 as money for option to purchase but gives the home buyer only an empty option to purchase form that is unsigned.

This is a time to be extremely careful especially for novice property investors, dishonest property agents in Singapore are out on the loose again. A hot property Market has the same effect as changi prison not locking it’s gates. Yes, criminals running amok.

During a hot property market dishonest Singapore property agents run amok. They find many preys as people are generally guided by fear and greed.

Agents spin stories about prices going up now if you don’t buy.  Fear that the Property market will run away with hefty price rises! This cuts short the thinking process, things are not thought through in detail.

Greed, in that they want to get in quickly as the market is rising, they can buy and sell at a higher price.

Source: Channel 8 news – 12 Sep 2009

TRUE STORY OF DISHONEST SINGAPORE PROPERTY AGENT CHEATING

Recently around late august, a novice Singapore property investor Miss Yuen came to us to get a Singapore home loan for her studio apartment. She (the property buyer, Miss Yuen) recounted her interesting encounter with a Dishonest Singapore property Agent. Continue reading →

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Singapore’s 40 Richest

Posted on 10 Sep 2009 | Comments Off on Singapore’s 40 Richest

Singapore is emerging from its deepest recession since the island became an independent nation in 1965. Though the economy may shrink up to 6% this year, there are signs that the worst is over. GDP expanded in the second quarter for the first time in a year. Exports and manufacturing were up in July, and property prices and sales are picking up. The country’s main stock index has jumped almost 90% since its March low.

All of this has meant a boost in the fortunes of the nation’s richest. The total net worth of Singapore’s top 40 is $39 billion, up 20% from last year’s $32 billion. Ng Teng Fong is No. 1 again, worth $8 billion, $1 billion more than last year. Kuok Khoon Hong’s net worth is up $2.2 billion to $3.5 billion, thanks in part to a 70% jump in the stock price of palm oil firm Wilmar International.

In Picture: Singapore’s 40 Richest

In Depth: Where The World’s Richest Live

Malaysia’s Richest

In Pictures: Secret Identities Of The Rich And Famous

In Pictures: Billionaire Toys For Sale

Continue reading →

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