March 2022

27-year-old posed as wealthy Korean heir to buy properties, forged S$1 trillion cheque

We have Simon Leviev, the Tinder Swindler who managed to con an estimated US$10m from women around the world, and Anna Sorokin (Anna Delvey), a fraudster who pretended to be a rich German heiress to live a lavish lifestyle.  Here in Singapore, we have our very own Singapore Swindler, Jerald Low Jing Yong, 27. Between...

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3 harmful social consequences of parents buying property in trust

Since the property cooling measures were announced last December, some prospective homebuyers have been interested in buying properties under their kids’ names. Buying property in your child’s name is certainly one way to get around the raised ABSD (Additional Buyer Stamp Duty) rates of 17% to 30% per investment property. The rate depends on how...

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Lowering the age for singles’ HDB flat eligibility from 35 to 28: which camp are you in?

Slightly over a week ago, Opposition Leader Pritam Singh put forth his arguments on why we should consider lowering the eligibility age for singles to buy an HDB BTO or resale flat from the existing 35 to 28. Why the eligibility age for singles should be lowered In his speech, Singh referenced the government’s latest...

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How has HDB’s SolarNova programme fared, and why is this important?

Did you know about HDB’s SolarNova programme and how it powers common services (e.g. lifts, lights, water pumps) in HDB estates, with excess energy being channelled to the grid? In this article, we look at how HDB’s SolarNova programme has fared since its inception, the benefits from it, and what other developments can do to...

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