Daily Briefing: COE prices end mixed; Challenging times ahead for shoebox landlords

And $2,500 fine for handling transaction monies.

The latest Certificate of Entitlement (COE) results ended mixed on Wednesday, with premiums for vehicles in the open category seeing the largest increase. View more here.

Landlords of shoebox apartments located outside the city centre will find it challenging to rent out their units once the influx of new homes enters the market next year, said experts quoted in the media. View more here.

A former Key Executive Officer (KEO) of an estate agent, Nicholas Kok Chiew Leong, was convicted and sentenced in April 2014 for handling transaction monies, according to the Council for Estate Agencies (CEA). View more here.
 

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