It is facing an “acute tightening” of cash flow from difficulties in collecting payments and retention monies, among other factors. Read more at straitstimes.com.
Singapore-listed TA Corp says its wholly owned subsidiary, Tiong Aik Construction, has been placed under provisional liquidation as it is unable to pay its debts.
With the number of new launches over the past few years (and despite the notion that the property market is hot), there are still a fair few that have units left to move before their ABSD deadline. Buyers who are hoping for a discount will sometimes track projects nearing the deadline, in the belief that developers will slash prices for.
Finding a unit in these near-complete (or completed) condos can be a challenge. But if you really need one, contact us on Stacked and we’ll see what we can do; sometimes there’s an odd leftover unit, or a buyer who may return a unit. You can also browse our reviews for new and resale condos alike, to get a close-up.
With travel opening up to most countries, and restrictions being lifted (we can finally walk around outside without masks), it does seem that we are over the worst of Covid-19. But as compared to 2021, it’s been a quieter time in the property market. While we do have recent launches like LIV@MB and Amo Residence, there definitely has been less.