Luxe, high-value goods dealers to help spot red flags as part of tighter anti-money laundering efforts

SINGAPORE – To deter criminals from laundering money through Singapore’s financial system, unregulated sectors, including dealers of high-value goods, will be advised on how to identify red flags in suspicious transactions. These businesses, currently considered as unregulated dealers, will also be engaged by relevant agencies on how they can refuse to accept large payments in[…]

HDB resale prices up 2.5% in Q3, with more flats sold

SINGAPORE – Prices of Housing Board resale flats rose 2.5 per cent from July to September, a slightly faster clip than the 2.3 per cent growth logged in the second quarter of 2024. Flash data released by HDB on Oct 1 showed that resale prices have risen continuously on a quarterly basis since the second[…]

Plans to add new homes and amenities to the Newton area being studied

SINGAPORE – Singapore’s urban planners are looking to build new homes and amenities in Newton to meet demand for more diverse housing options in central locations. The Urban Redevelopment Authority (URA) said in an ongoing exhibition that “there are plans to introduce new housing and amenities, more delightful public spaces, and improved connectivity within a neighbourhood rich[…]