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Category: PROPERTY

Posted on 15/07/2021

Despite Prolonged COVID Issues, Singapore Property Investor Index Upticks in Q2

Singapore-based real estate consultant EDMUND TIE is reporting this week that property investor sentiment and activity continued to improve in 2Q 2021, driven by the steady momentum of the vaccination ... ( read original story ...)

Posted on 14/07/2021

Singapore property investment deals could reach $30b by end 2021: KF

Written by Staff Reporter Property investment sales surged to $5b in Q2 2021. A total of $5b of investment deals exchanged hands in the second quarter (Q2), representing an emphatic 127.3% increase ... ( read original story ...)

Posted on 14/07/2021

Singapore fintech firm Nium lands $80.4m in ongoing series D financing

Nium has secured US$80.4 million in series D funding so far, with share prices almost tripling to US$860.34 apiece from US$292.16 in its last round, according to data sourced from VentureCap Insights. ( read original story ...)

Posted on 14/07/2021

How Singapore’s residential investment market has evolved over the years

How Singapore’s residential investment market has evolved over the years Roxanne_Uy Wed, 07/14/2021 - 12:39 pm Body The Outside Central Region achieved the highest returns in the last ten years. ( read original story ...)

Posted on 13/07/2021

Singapore’s Hot Housing Market Faces Risks from Cooling Measures

The persistent rise in property prices has attracted the central bank's attention. These three sectors could be impacted should the authorities decide to rein in price rises. The post Singapore’s Hot ... ( read original story ...)

Posted on 13/07/2021

Bank of Singapore factors in ESG in loan quantum assessment

Bank of Singapore factors in ESG in loan quantum assessment admin1 Tue, 07/13/2021 - 11:15 am Body Those secured by a mutual fund with an ESG rating of AAA or AA will have their advance ratio ... ( read original story ...)

Posted on 13/07/2021

Property agent admits role in backdating an Option to Purchase to evade stamp duties for buyers

SINGAPORE: In the first case of its kind, a property agent admitted on Monday (Jul 12) that he instigated his seller's agent into backdating an ... ( read original story ...)

Posted on 12/07/2021

Singapore property investment volume hits S$9.17b in H1 2021

According to CBRE Research, preliminary real estate investment volume in Singapore for the first half of 2021 came to S$9.17 billion, which is already 78.7% of 2020’s volume. Q2 2021 alone generated ... ( read original story ...)

Posted on 12/07/2021

Singapore, France central banks announce successful cross-border digital currency test

The Singapore and French central banks announced they have successfully completed a wholesale cross-border payment and settlement experiment using digital currencies in a test that has “broken new ... ( read original story ...)

Posted on 12/07/2021

In Southeast Asia, 11,000 bank branches are expected to close until 2030

As the entire banking industry shifts more and more to digital solutions and services and many, particularly tech-savvy customers have not seen the interior of a physical bank branch for quite some ... ( read original story ...)

Posted on 11/07/2021

Can you actually lose money with landed property in Singapore?

On Friday (July 9), the purchase of a $40 million Bin Tong Park Good Class Bungalow by Grab CEO Anthony Tan hit the headlines. This follows the purchase of a $36 million Good Class Bungalow (GCB) last ... ( read original story ...)

Posted on 10/07/2021

Can You ACTUALLY Lose Money With Landed Property In Singapore? We Look At Data From 26 Years

Today, the purchase of a $40 million Bin Tong Park Good Class Bungalow by Grab CEO Anthony Tan hit the headlines. This follows the purchase of a $36 million Good Class Bungalow (GCB) last week. ( read original story ...)

Posted on 09/07/2021

Singapore Property Dynasty Faces Climb After China Debacle

For Singapore’s richest property family, the turnaround of City Developments Ltd. is just beginning.A bungled Chinese investment has saddled the property developer with a $1.3 billion writedown, ... ( read original story ...)

Posted on 09/07/2021

Singapore property market not overheated, but prices closely watched: MAS

The Monetary Authority of Singapore (MAS) said it would remain vigilant to rising home prices even though the property market was not "overheated". ( read original story ...)

Posted on 08/07/2021

Rising property prices a key driver in wealth inequality, ills of ‘hereditary meritocracy’ exist, says head of Singapore central bank

A key driver in worsening wealth inequality in many parts of the world is the rising price of property and it is a worrying trend, the head of Singapore’s central bank said. Ravi Menon, managing ... ( read original story ...)

Posted on 08/07/2021

Canadian Bank Robber Jailed by Singapore for 5 Years Avoids Caning

A court in Singapore on Wednesday sentenced a Canadian man to five years in jail for robbing a bank in 2016, but he will not receive an additional sentence of six strokes of a cane due to the terms of ... ( read original story ...)

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