99-Year Lease or 99-Year Risk? What Singaporean Property Investors Must Know About the Private Lease Scheme (PLS) in Malaysia
- Fireplace, Library, News and Update, Property
- December 25, 2024
By Boo Kok Chuon A rather unusual landlord and tenant dispute made the news in Singapore this week. An elderly couple in their eighties had rented out their semi-detached house at 7A Lengkong Dua in Kembangan for $7,500 a month. The tenant named in the tenancy agreement was Noranth Ventures Pte. Ltd., a company with
READ MOREBy Boo Kok Chuon With the Johor Bahru–Singapore Rapid Transit System Link approaching operation, confidence has returned to Johor Bahru’s high-rise property market. The logic is not difficult to understand. The RTS will connect Bukit Chagar to Woodlands North in approximately six minutes, replacing one of the least predictable portions of the present cross-border commute
READ MOREBy Boo Kok Chuon When the Johor Bahru to Singapore Rapid Transit System Link announced a five minute crossing, commentary rushed to a single conclusion. A faster train, the argument went, would drain Singapore’s northern rental market. Tenants would flee to Johor Bahru, Woodlands rents would collapse, and the RTS Link would do to the
READ MOREBy Boo Kok Chuon I read with interest The Straits Times article, “My second crib: They own homes in Singapore. So why are they renting abroad?“ The appeal is immediately obvious because one couple rents out a 68 sq m flat in Admiralty for $3,200 while renting a 250 sq m landed home in Malaysia
READ MOREBy Boo Kok Chuon Why DIY Estate Planning and Implied Trusts Make for Expensive Regrets What you have created is valid on its face. What you have not asked is a far more dangerous question: Did you actually have the right to give away what you just gave? Picture this. You’re doing up your will.
READ MOREBy Nancy Thio and Boo Kok Chuon A poorly drafted will can lead to costly disputes, emotional stress for loved ones, and unintended outcomes for the estate. This became painfully evident in a recent case reported by The Straits Times titled “When a ‘mysterious’ new will is used to claim a million-dollar inheritance.” The case
READ MORE