The idea of crowdfunding isn’t particularly new. In fact, it may be one of the oldest concepts in civilization. Think of crowdfunding a little like taxes, where individuals pay into a large managed pot for use towards the common good of the collective group. While crowdfunding is voluntary and taxes are compulsory, the concept is […]
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RSS feed for this sectionSocial Media Fuels Chinese Overseas Real Estate Purchases
For some Chinese investors, the first step to purchasing millions of dollars in property on the other side of the globe is a lot like ordering a new t-shirt online – search and click. Social media is the catalyst, connecting Chinese buyers and overseas agents. At least one prospective buyer entrusted an agent with $100 […]
Exodus Of RES From The Sluggish Property Market Continues
In a sign of a tepid property market, 3,959 real estate salespersons (RES) chose not to renew their registration this year, compared to 3,382 who left last year. This is according to figures from the Council for Estate Agencies (CEA). As at Jan 1, after the latest renewal exercise, there were 30,830 “registered salespersons” or […]
For Rich Chinese, U.S. Becoming Giant Monopoly Game
Rich Chinese investors are the biggest buyers of high-end luxury real estate in New York. And on a national level, they replaced Canada as the leading foreign buyer of American properties. If they could buy Broadway and Park Avenue, they would. Rich Chinese investors are the biggest buyers of high-end luxury real estate in New […]
Why Property Agencies All Over The World Are Going To China
China is one of the fastest growing markets in the world, and has an ever increasing pool of Ultra high and high net worth individuals. China has seen a rapid growth of the number of such high net worth Households over the past 5 years, which has been matched with a similar growth of the […]
eMoov – moving away from expensive estate agents, a digital revolution in the UK property industry
It will come as a relief to all those looking to buy or sell a home. Sharp practices such as gazumping could be a thing of the past, according to the founder of the first low-cost online estate agent, which is undercutting its bricks-and-mortar competitors. Russell Quirk’s digital business eMoov charges a flat fee of […]
Can The Singapore Real Estate Market Support A 4th Property Listing Site?
Can the Singapore real estate market support a fourth property listing site? BY GETTY GOH Singapore Press Holdings (SPH) recently announced that it would be acquiring StreetSine Technology Group for S$30million for a 60% stake in the company. For start-ups entrepreneurs, this may seem like encouraging news as it puts the valuation of the whole […]
Using Technological Tools To Market Properties
In today’s information age, property agents need to find and use technology tools to sell a property. Gone are the days where property agents just need to place ads in newspapers with plain text to snag a potential buyer. As the owners of the property get more internet savvy, more of them will be inclined […]
Based In Singapore, Informing The US
THEY are located more than 15,000km away from New York, the world’s financial centre, and have not set foot on United States soil since 2008. But from the comfort of their Sentosa Cove home, Grace Cheng and Pedro Pla have been dishing out financial information to US residents every single day. “In this age of […]
Why You Should Really Buy A US$47million Penthouse In Singapore (If You Can Afford It)
A recent property report by Billionaire.com, “The Top 10 Most Expensive Penthouses In The World” listed one of our very own, at No.8 on the list, alongside the usual suspects in New York City, London and Monaco. If you haven’t heard, its just a measly US$47 Million, small change when you consider No.1 on the […]