Category: PROPERTY

Nonetheless, its market share of Singapore residential mortgages remained at 31 percent. For the entirety of 2019, the lender thinks than its housing loan business would grow by approximately $1.5 bil... ( read original story ...)

DBS kicked off the reporting season for Singapore banks, with smaller peers Oversea-Chinese Banking Corp and United Overseas Bank reporting results on Friday. CEO Piyush Gupta said in a statement that ... ( read original story ...)

“Expectations for a spending spree are high on past surpluses, likely elections and downside economic risks,” Mohamed Faiz Nagutha, an economist at Bank of America Merrill Lynch in Singapore, said bef... ( read original story ...)

Bank of Singapore has tied up with India’s largest financial service provider Edelweiss Group to allow clients of both entities to access their respective platforms- Bank of Singapore’s wide range of ... ( read original story ...)

A growing number of property investors in Singapore are turning their attention abroad. Of the 803 respondents to the 2019 EdgeProp-Knight Frank Homebuyers’ Sentiment Survey, 29.4% said they would be ... ( read original story ...)

Property market watchers are looking forward to Singapore’s 2019 Budget, which is set to be delivered by Finance Minister Heng Swee Keat on Monday (18 Feb). In last year’s budget, the government intro... ( read original story ...)

In this week’s issue: Unbiased New Launch Review – Stirling Residences Resale Property Transactions (January 25 – February 1) Happy reading! To wisdom and beyond Singapore Property Weekly I… by on Scr... ( read original story ...)

Mr Han had spent 27 years with the US bank, leading businesses in consumer banking, corporate banking and transaction banking. SEE ALSO: Singapore banks likely to post record earnings for full year 20... ( read original story ...)

A former official at United Overseas Bank Ltd.’s London branch is suing for unfair dismissal after saying he was denied a new job because he isn’t Asian. Daniel Smith, who worked at Singapore’s third- ... ( read original story ...)

SINGAPORE (Feb 11): Jefferies expects Singapore’s non-landed private residential price index to stay flat this year given rents are expected to improve about 2%, the supply pipeline is half of what th... ( read original story ...)

The SIBOR recovery is no surprise – mortgage rates in Singapore have been steadily increasing in the past year. A few months ago, we even talked about how the fixed rates were sluggish to catch up to ... ( read original story ...)

With home prices rising faster than income levels, some young Singaporeans wonder if they’ll even be able to afford a small BTO flat. We have good news: it’s much harder to be “priced out” of Singapor... ( read original story ...)

We spoke to several property experts to give us their predictions for 2019. “The Singapore property market is expected to see robust growth in 2019 and we expect to see at least 40 new project launche... ( read original story ...)

Business lending grew to 4.1% even as loans to consumers softened. Singapore banks closed the year on strong footing after loans picked up pace to 3% YoY in December on the back of strong lending acti... ( read original story ...)

Furthermore, we see fewer land acquisitions from Government Land Sales (GLS), as less land is being released for residential development. The slower inflows to saleable inventory will be outpaced by o... ( read original story ...)

Seven months after the Monetary Authority of Singapore (MAS) announced the latest housing curbs on property purchases, buyers are taking up lesser mortgage loans, a study by Credit Bureau Singapore (C... ( read original story ...)