More HDB owners in the red than private flat owners
More than one in three resale HDB owners are in the red. In comparison, about one in five private flat owners would sell below their purchase price if they sold at each unit’s current X-Value. Remember that X-Value is a computer-generated appraisal that is used by consumers, valuers, real estate agents, and property analysts...
Australia set to seize assets of corrupt Chinese officials
China is seeking Australia's help in seizing the assets of corrupt Chinese officials who have fled there. Beijing: The Australian Federal Police are poised to seize assets of corrupt Chinese officials within weeks, in an unprecedented joint operation with their Chinese counterparts. In an exclusive interview with Fairfax Media,...
A high-end property collapse in Singapore
Sentosa Cove was built as an enclave for the ultra-wealthy in Singapore. But what was once a superheated property market there has lately cooled. (Photo: Edgar Su/Reuters) SINGAPORE — Lamborghinis, Porsches and Bentleys fill the driveways of multimillion-dollar villas in Sentosa Cove. Yachts line the 400-berth marina nearby....
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