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Category: PROPERTY

Posted on 04/11/2020

In Singapore, more millennials are choosing to rent as values shift

A lack of privacy triggered by Covid-19, long wait times for new flats and changing values are some reasons Singaporeans are leaving the nest. ( read original story ...)

Posted on 04/11/2020

Singapore’s loan growth expected to remain in the red till 2021: RHB

Singapore’s loan growth is expected to fall by 2% in 2020. Singapore’s broad money supply grew 11.3% on year in September, inching down marginally from the 11.8% expansion log ... ( read original story ...)

Posted on 04/11/2020

Legislative provisions made to ensure no undue burden on landlords passing on property tax rebates

New regulations will make certain there is "no undue burden" on commercial landlords when they pass on obligatory property tax rebates to tenants, Second Minister of Finance Lawrence Wong said in ... ( read original story ...)

Posted on 03/11/2020

Singapore bank lending declines for seventh consecutive month in September

On an annual basis, total bank lending declined 1% in September, with business loans and consumer loans contracting 0.2% and 2.5%, respectively, from a year ago. ( read original story ...)

Posted on 03/11/2020

Singapore REIT powerhouse going global again

Singapore has established itself as a hub for real estate investment trusts (REITs) over the past two decades. ( read original story ...)

Posted on 03/11/2020

Ohmyhome’s Exclusive Cross-Border Property Transaction Solution Adds Listings in Philippines

Following its successful launch in the Philippines, the unique one-stop proptech solution to property needs in Southeast Asia, Ohmyhome, today announced the expansion of its cross-border ... ( read original story ...)

Posted on 31/10/2020

10th PropertyGuru Asia Property Awards (Singapore): The full list of winners

The first virtual gala edition of the PropertyGuru Asia Property Awards (Singapore) was broadcasted live on asiapropertyawards.com and partner channels, including YouTube and Facebook. A total of 40 ... ( read original story ...)

Posted on 30/10/2020

Fine raised from $88,000 to $158,000 for ex-property agent who provided illegal short-term stays on Airbnb

A former property agent who sublet six residential units in Geylang for illegal short-term stays through online property rental platform Airbnb had his fine raised from $88,000 to $158,000 on Friday ... ( read original story ...)

Posted on 30/10/2020

Property agent jailed for bribing witness in husband’s trial, giving illegal loans to client

SINGAPORE: After her husband was hauled to court for giving illegal loans to borrowers including a client of hers, a property agent bribed her client to give a false statement for her husband's trial. ( read original story ...)

Posted on 28/10/2020

Fancy owning a piece of Singapore’s history? Rare plot at Oxley up for sale

A rare residential property will soon be on the market — a bungalow in one of Singapore's prime districts.The two-storey building at 5 Oxley Rise sits on a plot with a land area of 117,230 sq ft and ... ( read original story ...)

Posted on 28/10/2020

ERA Singapore in partnership to help agents capture 3D virtual tours of property

ERA Singapore has partnered Matterport to provide over 17,300 ... which give prospective house buyers access to comprehensive, virtual, round-the-clock property viewings. With the partnership, ERA ... ( read original story ...)

Posted on 28/10/2020

Luxury property in Singapore: South Beach Residences near the CBD and Marina Bay offers high-end city living

Built atop a five-star hotel, the 190-unit South Beach Residences offers the ultimate in location, exclusivity and modern conveniences. ( read original story ...)

Posted on 27/10/2020

Should Property Investors Target the Millennial Market?

In 2018, 54% of Singaporeans polled aged between 21 and 36 years old were residential property owners. 24% had multiple homes. Could the millennial market be a lucrative sector that investors have ... ( read original story ...)

Posted on 27/10/2020

Are These Global Property Trends Reaching Our Shores?

In this piece, we take a look at some of the global property trends in recent times that are affecting, or could affect, our local market activity, and what opportunities they could potentially offer ... ( read original story ...)

Posted on 27/10/2020

Singapore’s unique ‘collective sales’ lose appeal to investors even as housing market shows signs of early recovery

The Covid-19 pandemic has dulled investors’ appetite for choice pieces of property in Singapore even as the property market of the Southeast Asian financial hub is likely to be one of the first to ... ( read original story ...)

Posted on 23/10/2020

Can You Truly Afford a Second Property Investment in Singapore?

More than 90% of Singaporeans own at least one property. On top of that, many aspire to buy a second property for investment purposes. To assess if you can truly afford it, you must consider ... ( read original story ...)

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