ERA Realty

Real estate agency ERA censured by regulator for lapses in agent supervision

This is the first instance of such action against a major industry player

A buyer of a unit in Normanton Park (its scale model, above) had filed a suit against ERA Realty, its salesperson and a law firm for alleged misrepresentation and negligence in a 99-to-1 property transaction.

Buyer caught in 99-1 property deal drops lawsuit against agent, ERA and law firm

The buyer had alleged misrepresentation and negligence and sought S$180,945 in damages

The Starpoint unit owners will each get between S$4.8 million and S$10 million from the sale. 

Residential tower Starpoint in Pasir Panjang sold for S$55.3 million to Stalford International Education

The education service provider plans to redevelop the site into a hotel, hostel or serviced apartment

Data from ERA’s survey shows that 54-59% of new and resale condominium buyers expect to spend between S$1 million and S$2 million, while about 20% are prepared to stretch their budget to S$2 million to S$3 million.

More than 3 in 5 Singaporeans prefer to invest in property over stocks and bonds: survey

Young adults in the Republic, however, face obstacles such as affordability issues, rising interest and borrowing rates, and high property taxes

The freehold property has nine units and is zoned for residential use.

Pasir Panjang freehold residential property up for en bloc sale at S$50.5 million

Guide price for Starpoint 319 translates to about S$1,340 psf per plot ratio

Around 1,600 people took part in Sunday's walkathon at the Marina Barrage.
TAKING HEART

ERA raises more than S$260,000 for Singapore Association for the Deaf

Its walkathon also set out to raise awareness of the challenges faced by those with hearing disabilities

A land parcel which previously housed the Market Street Interim Hawker Centre is making way for new homes.

China Square Food Centre set to be redeveloped into hotel; more homes to be built in the CBD, Kallang and River Valley 

[SINGAPORE] A site along Cross Street in the Central Business District has been earmarked for redevelopment for residential use, according to the Urban Redevelopment Authority (URA).

Desmond Tan, NTUC's deputy secretary-general (left), and ERA Singapore's chief executive Marcus Chu, at the consultancy's Asia Pacific Business Conference, which drew more than 2,000 representatives.

ERA partners NTUC to strengthen real estate agents’ welfare and upskilling

The collaboration covers staff training, workplace support and healthcare benefits

Some 61 per cent of homebuyers surveyed agree that the Housing and Development Board’s Build-To-Order flats remain an affordable option.

Affordability, financing now top concerns for homebuyers: ERA survey

Cautious sentiment has led to a softening in new home sales in the first six months of 2024