Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

Thematic (Sector/Industry)

Singapore Real estate / Thematic (Sector/Industry)

<p>The Minister for National Development recent warning about over-paying for public housing with short lease terms remaining touched a raw nerve amongst the Singapore home-owners. He mentioned that purchasers should not assume that these flats with short remaining leases will be selected for the Government's Selective Enbloc Redevelopment Programme (SERS) or will be granted lease renewal.  In both instances, purchasers generally have been able to get a "windfall".  </p><h2>It's a fact and a good wake up</h2>…

The Minister for National Development recent warning about over-paying for public housing with short lease terms remaining touched a raw nerve amongst the Singapore home-owners. He mentioned that purchasers should not assume that these flats with short remaining leases will be selected for the Government's Selective Enbloc Redevelopment Programme (SERS) or will be granted lease renewal.  In both instances, purchasers generally have been able to get a "windfall".  It's a fact and a good wake up…

Furore over Nothing on 99 Year Leaseholds