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In May 2023, at the direction of Prime Minister Lee Hsien Loong, the Corrupt Practices Investigation Bureau (CPIB) of Singapore began an investigation of ministers K. Shanmugam and Vivian Balakrishnan of the People's Action Party (PAP) and their rentals of state-owned bungalows at 26 and 31 Ridout Road respectively. [1]
A ransom of S$20,000 was eventually negotiated and paid, but still, there was no sign of Ong. A week after the ransom was paid, a rental car owner found one of the cars he rented out three weeks before had a foul-smelling odour. Tests revealed that the smell was that of blood. The person who last rented the car was 22-year-old Richard Lai Choon ...
Since 1 January 2011, all property agencies and agents must hold a valid licence or registration respectively, if they wish to conduct any work relating to the sale and leasing of residential, commercial and industrial properties in Singapore.
The living conditions of people in Singapore worsened, with many people living in informal settlements or cramped shophouses. [3] Moreover, the Singapore Improvement Trust (SIT), which was then responsible for public housing in Singapore, faced many problems in providing public housing, with the rents for flats being too low to be financially ...
HDB residences in Bishan town. Public housing in Singapore is subsidised, built, and managed by the government of Singapore.Starting in the 1930s, the country's first public housing was built by the Singapore Improvement Trust (SIT) in a similar fashion to contemporaneous British public housing projects, and housing for the resettlement of squatters was built from the late 1950s.
The Singapore Police has taken action against transnational crime syndicates on its own or in combined operations with the Royal Malaysia Police: Thirteen transnational scam syndicates with the arrest of more than seventy persons (2022). [61] Home rental scams that incurred $1.3 million losses from 480 victims (2023). [63]
Singapore Real Estate Exchange (SRX) is a consortium of leading real estate agencies administered by StreetSine Technology Group in Singapore. [1] The Exchange provides the prices of recently sold properties to participating real estate agents more rapidly than conventional, official channels run by the Urban Redevelopment Authority and Housing Development Board.
In 2011 in Singapore, two of every three shophouse units sold for between S$1.7–5.5 million (US$1.4–4.4 million), while larger units sold for between S$10–12.5 million (US$8–10 million), a sharp increase from 2010, while average per-square-foot prices increased 21% from 2010. The median price in Singapore in 2011 was 74% higher than in ...