The property has four distinctive residences: the Royal Suite, Governor Suite, Ambassador Suite and the Presidential Suite. On the 18th floor, the Royal Suite (measuring (1,615 square feet) was inspir... ( read original story ...)
Frasers Property profits for FY 2018 up 10.1% to $759m
Revenue from its Singapore strategic business unit climbed 58% to $1.36b. Frasers Property saw its profit jump 10.1% YoY from $689.1m to $759m for its FY 2018, an announcement revealed. Revenue also i... ( read original story ...)
Investors’ outlook remain bleak as dropping yields hit property sector
Investors who once found a safe haven in Singapore's property market are rethinking their strategies after the surprise cooling measures introduced in July is increasingly weighing on the returns of t... ( read original story ...)
Smarter and niche developments impress at 2018 PropertyGuru Asia Property Awards (Singapore)
An elite roster of winning properties and developers took the stage at the 8th annual PropertyGuru Asia Property Awards (Singapore) gala dinner, presented by Kohler on Friday evening (12 October) at t... ( read original story ...)
Singapore bank loan growth to slow to 3% in 2019
Trade tensions and higher interest rates will dampen borrowing. Loans extended by Singapore banks is poised to fall to 4% by end-2018 and 3% by 2019 as deepening US-China trade tensions and an upswing ... ( read original story ...)
Only top 5% of Singapore earners can afford a landed property: study
Mortgage payments may cost up to $9,086 per month. With the skyrocketing prices of landed properties in Singapore, an average terrace house sold in H1 can only be afforded by buyers with a monthly inc... ( read original story ...)
Eventual owner must pay mortgage pending property transfer in a divorce: Apex court
SINGAPORE - In divorce cases where one party is given the option to take over the other's share of the matrimonial property, who should bear the ongoing mortgage and property tax payments until the tr... ( read original story ...)
DBS CEO says mortgage loans growth to slow more sharply than expected this year
SINGAPORE - DBS chief executive officer Piyush Gupta said on Monday (Nov 5) the mortgage business is expected to slow down more than earlier expected. The bank now expects new mortgage bookings to end ... ( read original story ...)
River Ryan man alleged to have robbed Singapore bank, appealing extradition decision
RIVER RYAN — A River Ryan man facing an extradition to Singapore to face alleged bank robbery charges, is appealing the decision. Officials with the Westminister Magistrates’ Court in London said Davi... ( read original story ...)
Singapore’s lenders AUM hit a high as investors discount market uncertainty
DBS Group Holdings, Singapore's biggest bank, reported record results for the third quarter. Net profit rose 76% to S$1.41 billion (US$1.02 billion), compared to S$802 million for the same period a ye... ( read original story ...)
Is the Singapore property market still a safe haven for investors?
With all the turmoil of a Trump presidency and Brexit, we wouldn’t be surprised if analysts eventually suggesting hiding your money in a sock. Now in the aftermath of the last crisis years (2009 to 20... ( read original story ...)
Bank loan growth slows to 4.5% in September as sentiment sours
This marks the slowest on-year pace since February. Singapore bank loan growth decelerated from 5.6% in August to 4.5% in September to mark its slowest pace of growth in eight months as the majority o... ( read original story ...)
Bank CEO Bahren Shaari is Berita Harian Achiever of the Year, boxer Muhamad Ridhwan named Young Achiever
The 56-year-old is currently the chief executive of Bank of Singapore, but he remembers all too well what it was like as a rookie. "I didn't have someone I could go to for career guidance. Many jobs a... ( read original story ...)
Singapore’s domestic bank lending declines by 0.06 pct on month
SINGAPORE, Oct. 31 (Xinhua) -- Singapore's total loans and advances including bills financing of Domestic Banking Units (DBU) declined by 0.06 percent month on month in September, comparing with a 0.3... ( read original story ...)
Bank of S’pore chief & boxer receive Berita Harian achiever awards
He made it to Hwa Chong Junior College and later received a bursary to study accountancy at the National University of Singapore. He then joined American Express Bank. The 56-year-old has since risen ... ( read original story ...)
Deutsche Bank launches EEX Asia in Singapore to grow in Asian commodity markets
The bank, which has global ambitions for EEX, said it would rebrand its Singapore-based subsidiary Cleartrade Exchange (CLTX) as EEX Asia German exchange group Deutsche Boerse is revamping its Asian b... ( read original story ...)