Freehold condo Meyer Park is up for its fifth collective sale at a guide price of S$420 million. The development sits on a site area of around 96,670 sqft (8,981 sqm) with a gross plot ratio of 2.8. This translates to an achievable gross floor area (GFA) of approximately 270,676 sq ft after factoring in a bonus…
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What happens when someone takes up a housing loan, passes away without a will, and the deceased’s next of kin chooses not to carry on repaying the mortgage loan? What will the bank do? Well, in June 2022, a Singapore case received its judgement after Maybank Singapore brought an action against the deceased’s estate for…
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Earlier this year, Cape Royale, a Sentosa Cove condominium, made headlines for launching for sale nine years after it was completed. When the 302-unit luxury condo launched on 6 July, developers Ho Bee Land and IOI Properties sold about half of the 50 units they put up for sale (according to reports by Forbes and…
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There are many reasons you may sell your condo at a loss, but the most ignored one is the condo management. Here’s why they can be a problem.
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