Ryan Lim, a property agent at Lion City Properties, is assisting Sarah and Jonathan Tan, a married couple, in purchasing their first home in Singapore.
They are interested in a freehold condominium unit at Marina Bay Residences.
Ryan explains the importance of understanding the legal aspects of property transactions, including the registration of titles and the implications of caveats.
Sarah and Jonathan are particularly concerned about ensuring their investment is secure and want to know more about the principles of the registered land system.
They also inquire about the process of transferring legal title and the role of the Singapore Land Authority (SLA) in property transactions.