The media reports that Singaporean investors anxious to retrieve their investment properties abroad, which then had problems, are finding it very hard to retrieve their money. It can be difficult to file legal suits against overseas developers because of different laws in foreign countries. Sometimes investors unite to file a class action, which, although it can be helpful in one way, can also take an inordinate time, if there is not complete agreement between all claimants on every aspect of the case for The Terrace EC. A lawyer working on behalf of various clients to recover money from various overseas developers, which include EcoHouse, gave some examples.

Singaporean Investors in The Terrace EC

EcoHouse allegedly promised a 20% return on a 12 month contract on a minimum investment of £23,000 or 46 thousand Singapore Dollars for each Brazilian residential property unit. Many investors have received neither the capital nor …

The Outside Central Region (OCR) is considered the suburbs of Singapore and comprises the East planning region, North East planning region, North planning region and West planning region. This includes the densely populated neighbourhoods of Punggol, Woodlands and Jurong, where a wide variety of mass market condominiums are located together with, in recent years, an increasing number of executive condominiums (ECs). As buyers are more price sensitive and look for suburban properties, The Terrace EC provide a good avenue for the residents.

Due to the cumulative effects of the cooling measures and TDSR where liquidity is restricted, buyers for The Terrace EC have become increasingly quantum sensitive, which in turn, has benefitted smaller-sized units and projects in outlying regions, where the overall quantum is more affordable compared to the central region.

Suburban Properties The Terrace EC

Sharing similar sentiments, Eugene Lim, Key Executive Officer and Head of Research, ERA Singapore …