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Category: PROPERTY

Posted on 23/09/2022

Explainer: As the US Fed flags more aggressive interest rate hikes, could S’pore mortgage rates hit 20-year highs?

Investors and financial markets were spooked overnight when the United States Federal Reserve (US Fed) not only aggressively hiked interest rates again, but flagged more hikes this year and even next, ... ( read original story ...)

Posted on 22/09/2022

Caution recommended for fintech cooperation between Singapore and India

Singapore’s Deputy Prime Minister Lawrence Wong announced in New Delhi on Tuesday (20 Sep) that the new high-level roundtable between Singapore and India will enable both countries to “strengthen ... ( read original story ...)

Posted on 22/09/2022

Fixing your mortgage now before interest rates rise further may be the most prudent thing to do

This is why fixing mortgage now is important because all these raises will have an impact on your home loan. The post Fixing your mortgage now before interest rates rise further may be the most ... ( read original story ...)

Posted on 21/09/2022

Property prices near new MRT stations on Cross Island Line expected to rise, higher en bloc potential: Analysts

SINGAPORE: The completion of six more MRT stations on the Cross Island Line (CRL) will likely boost property prices in the areas and older condominiums may now have higher en bloc potential, say ... ( read original story ...)

Posted on 20/09/2022

This man designed Singapore’s iconic lion head crest in 1986

For weeks, sketches of a lion head crest plastered the desk and walls of senior advertising lead Michael Lee's office.He drew hundreds of drafts by hand to get the design just right for his entry into ... ( read original story ...)

Posted on 19/09/2022

Haidilao Co-founder Shi Yonghong Bought Singapore Property From Lee Kwan Yew’s Daughter For S$50 Million

A property in the Cluny Hill good class bungalow (GCB) area, Singapore has recently gained much attention. It was previously owned by former Singapore Prime Minister, Lee Kwan Yew’s daughter, Dr Lee ... ( read original story ...)

Posted on 18/09/2022

Singapore’s Sentosa Cove Rallies For A Resurgence

Welcome to Sentosa Cove, Sentosa Island’s palmy enclave of bungalows, villas, and condos that was first conceptualized in 1992. ( read original story ...)

Posted on 18/09/2022

Unaffordable homes in Singapore are causing the younger generation to rent – is this a good idea?

In a recent PropertyGuru survey, two-thirds of Singaporeans aged 22 to 29 said they’re renting because home ownership is still out of reach. Indeed, this is a trend that’s been noticed since last year ... ( read original story ...)

Posted on 17/09/2022

Singapore Property Cooling Measures 2021: Why Are Some Buyers Looking At More Expensive Properties Now?

The Singapore property cooling measures announced on December 2021 saw increased ABSD rates, tighter LTV limits and a lower TDSR threshold, making it harder to buy property. But according to the ... ( read original story ...)

Posted on 17/09/2022

I lost $5,400 in a rental scam in Singapore – here’s my story and how these scammers work

The property rental market is booming in 2022, and tenants are fighting tooth and nail for affordable accommodation. This sort of scenario is fertile ground for rental scams: tenants who are in urgent ... ( read original story ...)

Posted on 17/09/2022

Property price surge: First ever million-dollar HDB sold at Tampines

Tampines has joined the “million-dollar club” recently, with its first public housing unit selling for a cool $1,013,000. ( read original story ...)

Posted on 16/09/2022

Singapore’s former SICCI chief sees India as a huge market, suggests focus on SMEs now

India is a huge market and if one can leverage the potential, businesses can flourish, says an Indian-origin businessman who recently completed his term as chairman of the Singapore Indian Chamber of ... ( read original story ...)

Posted on 14/09/2022

As Singapore bucks global downturn, 6 in 10 say property is unaffordable

Surging property prices pose a challenge for the ruling People’s Action Party, whose achievements include the highest public housing rate in the world, with over 80 per cent of the country’s 4 million ... ( read original story ...)

Posted on 14/09/2022

Foreigners account for ‘very small proportion’ of private housing transactions in Singapore: Desmond Lee

SINGAPORE: Foreigners account for "a very small proportion" of private housing transactions, Minister for National Development Desmond Lee said on Monday (Sep 12). "In the past two years, they ... ( read original story ...)

Posted on 13/09/2022

Former group CEO declares bankruptcy, wife tries to claim share of $3.82m landed property

A freehold, landed house in Ang Mo Kio, which used to belong to a former group CEO, has become part of a lawsuit brought about by his wife.The asset (or the net proceeds from its sale) is now under a ... ( read original story ...)

Posted on 13/09/2022

Bulk purchases of private property ‘uncommon’, market impact unlikely: Desmond Lee

What's the percentage of multiple-unit purchases among all private residential property units transacted this year? Find out how low it is. ( read original story ...)

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