June 27, 2018

SINGAPORE (EDGEPROP) – Strata Titles Board today blocked the collective sale of Goodluck Garden with a stop order after seven minority owners objected to the sale on the grounds of lack of good faith. Two rounds of mediation efforts were made before the stop order was issued.The Strata Titles Board will not approve an en bloc sale application if it was satisfied that the sale was not conducted in good...

SINGAPORE (EDGEPROP) – The uplift in economic and manufacturing sector performances and signs of an imminent bottoming of the industrial property market have not prompted the Government to up the IGLS industrial sites supply for the second half of 2018, said JLL. It noted that the IGLS supply for second half of 2018 has been kept relatively similar to that for first half of 2018. Specifically, the 2nd...