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High Court dismisses Chinese businessman’s claims against Huttons and agent in misrepresentation suit

High Court dismisses Chinese businessman’s claims against Huttons and agent in misrepresentation suit

Dispute concerns sale and purchase of S$5.1m condo unit at Lloyd Sixty-Five which he was granted an option to purchase and had made payments amounting to S$1.5m.

Data gaps, privacy needs of the rich make anti-money laundering checks tough, say agencies

Data gaps, privacy needs of the rich make anti-money laundering checks tough, say agencies

Property agents and observers say existing measures may not be foolproof amid a lack of resources, manpower and expertise.

Categories: Headlines

Sunway Property targets RM2.6bil sales this year

Sunway Property, a Malaysian property developer, has set a sales target of RM2.6 billion for 2024 after achieving sales of RM2.4 billion in 2023, exceeding its target of RM2.3 billion. 

Tags: Property

Singapore ABSD tiered clawback rate a win

The introduction of a tiered clawback rate for developers' additional buyer's stamp duty (ABSD) in Singapore is being viewed as a positive move for Malaysian property companies with ongoing developments in the city-state, namely Sunway Bhd and IOI Properties Group Bhd (IOIProp).

Weak demand for property loans in Malaysia likely due to OPR hike

Weak demand for property loans in Malaysia likely due to OPR hike

The recent hike in Malaysia's overnight policy rate (OPR) is anticipated to weaken the demand for property loans in the country.

Lam Yee Shen and another v DBS Bank Ltd [2021] SGHC(A) 20

Civil Procedure — Summary judgment
Tags: Property
Tags: Property

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