Caveat emptor: World’s first crypto mortgage firm Milo lets you pledge Bitcoin to secure housing loan

A fintech firm – Milo – has just laid claim to being the world’s 1st crypto mortgage company. Announcing its launch today, it lets both US- and non-US-based customers use the Bitcoin cryptocurrency as collateral to invest (for now) in US real estate. Milo’s clients will be able to pledge their Bitcoin through a third-party...

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Jalan Tembusu and Lentor Hills Parcel A sites received highest bids of S$768m and S$586.6m respectively

Two URA sites at Jalan Tembusu and Lentor Hills Road (Parcel A) were the first to close after the recent cooling measures were rolled out on 16 Dec.  The response showed that developers were still keen on replenishing their land bank, but with a more subdued and cautious approach.  Both sites received only 4 to...

The post Jalan Tembusu and Lentor Hills Parcel A sites received highest bids of S$768m and S$586.6m respectively appeared first on 99.co.

With Shun Tak walking away from High Point, what does it mean for en bloc deals?

Just two weeks after Hong Kong-listed conglomerate Shun Tak Holdings won the S$556.7 million tender for High Point on Dec 9, it pulled out of the purchase without explanation. By doing so, they forfeited their S$1 million tender deposit. Shun Tak would not have been affected by the change in Additional Buyer’s Stamp Duty (ABSD) as...

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