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Various property consultancies JLL, Knight Frank, Edmund Tie & Company, CBRE and Teho Property Consultants have become embroiled in the outstanding lawsuit filed by StreetSine Singapore Pte Ltd against the Singapore Institute of Surveyors and Valuers (SISV).
REAL estate agencies and valuers see the start of digital disruption rocking the sector with the Housing and Development Board's (HDB) introduction of a new online resale portal that will substitute many of the current offline processes in a resale transaction. Traditional players should be ready for digital disruption. The trade will be affected by digital platforms, whether from government or prop-tech and start-up companies. We should not be overly surprised by this move, it should be more or less expected.
The 99-year leasehold plot in Jiak Kim Street is expected to produce a new record for Government Land Sales (GLS) sites in terms of the land rate.
Property experts cited the strong selling points, including the riverfront view, prime District 9 location, proximity to the upcoming Great World and Havelock MRT stations on the Thomson-East Coast Line and dining offerings in the Robertson Quay area and Great World City mall.
PROPERTY group Chip Eng Seng has picked up Changi Garden in a collective sale for S$248.8 million, a price that consultants say will set a new and much-higher benchmark for properties in the vicinity.