Tag Archives: Singapore property for sale

Disclosure of conflict of interests by members of Appeals Board – Singapore property for sale 61.—(1) A member of the Appeals Board shall declare to the Minister, or any person authorised by the Minister, the nature and extent of any actual or … Continue reading →

Duty, powers and procedures of Appeals Board – Singapore property for sale 58.—(1) It shall be the duty of the Appeals Board to hear and decide all appeals under section 59. Singapore property for sale (2) In the discharge of its functions … Continue reading →

Suspension or revocation of registration – Singapore property for sale 55.—(1) Subject to the provisions of this Act, the Council may suspend the registration of a salesperson for such period of time as it thinks fit, or revoke the registration. Singapore property for sale … Continue reading →

Powers and procedures of Disciplinary Committee – Singapore property for sale 53.—(1) In the discharge of its functions under this Act, a Disciplinary Committee shall have the following powers: Singapore property for sale (a) to take evidence on oath; (b) to … Continue reading →

Complaints – Singapore property for sale 49.—(1) Any complaint of the conduct of a licensed estate agent or registered salesperson may in the first place be made to the Executive Director who shall refer the complaint to the Council. Singapore … Continue reading →

Appointment of inspectors – Singapore property for sale 45.—(1) The Council may appoint any of its officers or employees to be an inspector for the purposes of this Act. Singapore property for sale. (2) The Council shall furnish every inspector with … Continue reading →

Codes of practice, ethics and conduct – Singapore property for sale 42.—(1) The Council may prescribe or issue and publish one or more codes of practice, ethics and conduct under whatever name for estate agents or salespersons or for both estate agents … Continue reading →

Duration of licence and registration – Singapore property for sale 35. Subject to the provisions of this Act — (a) an estate agent’s licence shall be for such period not exceeding 3 years as the Council may decide; and (b) the … Continue reading →

Eligibility of other persons to hold estate agent’s licence – Singapore property for sale 31. Subject to the provisions of this Act, no person (other than an individual) shall be eligible to be granted or to hold or continue to hold an … Continue reading →

Moneys recovered or collected by Council – Singapore property for sale 19.—(1) Subject to subsection (2), all moneys recovered by the Council, and fees and charges collected under this Act shall be paid into and form part of the moneys of the … Continue reading →

Interpretation of a fit and proper person – Singapore property for sale (2) For the purposes of this Act, a person is not a “fit and proper person” if the Council, after considering any relevant facts or matters, is of the view … Continue reading →

Interpretation of disciplinary panel – Singapore property for sale “Disciplinary Panel” means the panel appointed under section 51(1). “disposition” means an act by a person whereby an interest he has in or over a property is affected, and “acquisition”, in relation to a … Continue reading →

Private residential statistics 3Q14 – Singapore property for sale Prices of private residential properties decreased by 0.7% in 3rd Quarter 2014, following the 1.0% decline in the previous quarter. This was the fourth straight quarter of price decline. Singapore property … Continue reading →

Progressive Property Tax Rates for Non-Owner-Occupied Residential Properties – Singapore property for sale As announced in Budget 2013, a six-tier progressive property tax rate structure will be introduced for non-owner-occupied residential properties to increase the progressivity of the property tax structure. … Continue reading →

Misleading Co-broke Salesperson – Singapore property for sale Facts of Case The seller (complainant) appointed the Respondent on an exclusive basis to sell her property and agree to pay her a commission of 1.5% of the price upon a successful sale … Continue reading →

Revision of Development Charge Rates – Singapore property for sale The Ministry of National Development has revised the development charge (DC) rates for the period from 1 September 2013 to 28 February 2014. The review is carried out on a half-yearly … Continue reading →

CEA Disciplines Salesperson With  6 Months’ Suspension and $10,000 Fine – Singapore property for sale. The Disciplinary Committee (DC) formed by the Council for Estate Agencies (CEA) has concluded the disciplinary proceedings against salesperson, Chua Cheng Thian, Benny on 26 … Continue reading →

Total Debt Servicing Ratio (TDSR) – Singapore property for sale The Monetary Authority of Singapore (MAS) will introduce a Total Debt Servicing Ratio (TDSR) framework for all property loans granted by financial institutions (FIs) to individuals.  This will require FIs … Continue reading →