Here’s issue #18 of the 5 most important Singapore property news stories for the past week (thanks to Propertyguru).
1. New expressway may devalue nearby homes
Construction zones at the North-South Expressway (NSE) could harm rents and values of nearby properties during the building phase.
2. Dragon Mansion sold in collective sale for S$130m
Dragon Mansion, an 18-storey residential development at 14 Spottiswoode Park Road, has been sold to Spottiswoode Development Pte Ltd, a joint venture (JV) company between Lian Beng Group and Centurion Properties Pte Ltd, for S$130 million.
3. Profitable director’s appeal dismissed
An application by Geraldine Nordmann, a director of Profitable Plots Pte Ltd, for the return of her passport and permission to live in Malaysia was dismissed in Singapore’s Supreme Court earlier today.
4. 1st-timers stand higher chance of getting flats
Newlyweds now stand a very high chance of getting a new flat, as the government ...
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