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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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
Courtesy of Stewart Wade. Real estate agent Stewart Wade rises at 5:30 or 6 most mornings, swims 500-600 strokes in the Pacific, and then heads to work by 8 a.m. It’s pretty impressive for anyone, but especially for a 99-year-old. Wade, an employee of real estate firm Coldwell Banker since 1999, says he […]
