The guidelines state that disclaimers, qualifications and all warnings should be printed to be read with no magnifying glass, and even establish the lowest font size which can be used.
Mr. Tan added that the rapid increase in seminars promoting investor clubs had occasioned the requirement in the new code needing ads make plain, where a seminar involves any property booking or investment for Flora Drive Condo.
Flora Road Condo Hong Leong
Eric Cheng, Property CEO at ECG noted that the number of overseas companies, from many nations in Singapore has increased quickly in the last two years and vigorously advertise so that currently most weekend advertisements was filled with overseas property starts.
Pasir Ris Flora Drive Condo Hong Leong
Teo Hong Lim CEO of Roxy Pacific said Huttons will behave as the local advertising agent of the company and that its development in Kuala Lumpur of more than 700 units will launch during the following two or three months in Singapore and Malaysia in Hong Leong Flora Drive concurrently. He said that it made sense to employ a local agent, ensuring the accuracy and truth of project details, since Singapore’s bureaus must comply with the CEA code.
Hong Leong Condo
During the period between January 2013 and May 2015 ASAS received 12 complaints about ads for overseas property investments including Hong Leong Condos, which included unsubstantiated claims. In the same interval CASE received 23 complaints from consumers regarding overseas property investment, most involving cases, although individuals had invested in foreign property but didn’t receive the promised returns for Hong Leong Condo.