Category Archives: Commercial Property

Government trumps property speculators with stamp duty

Tougher rules and taxes could possibly frighten some property speculators, especially those that truly do not have the appetite for such a risky business. Truth be told, a 3 % isn’t truly going to turn away true blue property investors and those that have been investing and flipping for a long time. Any investor would [...]

Simon Cheong strikes again

We should promote Simon Cheong to “The grandmaster” of property. This savvy property developer is making a profit from selling The Village Centre again. Both times he sold it he made a good profit from the sale.

Yes you read it right. Mr Cheong’s privately-held vehicle recently sold The Village Centre at Pasir Panjang and a [...]

Short Street to see new Fragrance Hotel in near future

Fragrance hotel – a chain of boutique hotels all across Singapore put in a tender for a hotel site in Short Street at a whopping $15.5 million. The 1,164.5 square metres with a 99 year tenure site was awarded to Fragrance Assets Pte Ltd by URA on Tuesday. It was not without a fight, the [...]

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