Early this month I attended a home defects talk for customers of Absolute Inspection, Singapore's only RICS certified defects company. It was a cozy small group setup with a lot of interactions. I picked up many good insights on home defects and quality problems in new projects. This talk is especially useful if your home is a newly-TOP BTO/condo/landed project, a resale … [Read more...]
Case Studies: How private homebuyers ended up buying crap
I talked about the five miseries that unfortunate owners are facing in my last blog post. In response, there were messages from readers sharing their own sad stories. It proves that Singapore really lacks a proper platform for owners and homebuyers to voice their grievances. One of them commented that there is a 6th misery of homebuyers – poor construction quality of … [Read more...]
Developers have lowered prices. So what?
When everyone is busy with Christmas shopping and year-end travels, developers are trying one last shot to clear as many units as possible from their new launch projects before Christmas. Over the weekend, City Developments targeted young families with workshops for kids at Whistler Grand and The Tapestry sales galleries. The advertisement of Whistler Grand said units are … [Read more...]
4 things Country Garden’s hiccups tell us about developers
Does the name Country Garden (碧桂园) sound familiar to you? If you have watched my youtube video “Mahathir, China Projects and Forest City”, you can probably recall that Country Garden is the developer behind Danga Bay and Forest City - the two controversial Johor Bahru projects in Malaysia. For the last two weeks, this largest and most aggressive property developer in … [Read more...]