
Buyers paying prime area prices for suburban condos
From our Correspondent In a sign that a property price bubble is building, buyers, most of whom are Singaporeans, rushed in to pay for suburban projects at prices seen in the prime central area. Prices for the 99 year, 329-unit project, "The Centro" at Ang Mo Kio, starts at $1,150 psf. A two bedroom unit will cost more than...

Residents call for greater transparency by Town Councils over use of sinking funds
From our Correspondent In a recent dialogue on town council finance management organized by the Ministry of National Development, residents called on the town councils to be more transparent over the way the sinking funds are used. Each town council has a sinking fund accumulated from the monthly S&C charges paid by residents....

Ming Yi remains nonchalant about his ostentatious lifestyle
From our Correspondent The onging trial of Ren Ci founder and ex-CEO (Venerable) Ming Yi continued to reveal sordid details about his ostentatious lifestyle. He had 9 credit cards, sold six private properties in Singapore and Australia and bought at least 6 BMW in three years. When confronted by the prosecution that he was a...
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