Singapore bank expects BSP to raise interest rates

DBS Bank of Singapore said Monday it expects the policy-setting Monetary Board of the Bangko Sentral ng Pilipinas to raise the benchmark interest rates in its meeting Thursday to control the accelerating inflation rate. DBS said in a report inflation in ... ( read original story ...)

Singapore Property Rebound Has Frasers’ CEO Chasing More Land

Singapore’s property rebound has the son of Thai billionaire Charoen Sirivadhanabhakdi chasing more land in the city-state, adding to signs the market is emerging from a four-year slump. Frasers Property Ltd. in December paid S$955.4 million ($727 ... ( read original story ...)

Singapore’s playground for the rich

Measuring just 5 sq km, Sentosa is a niche market. Offering a resort lifestyle just a bridge away from the city, Sentosa is the only place in Singapore that foreigners can buy landed property. Once a Malay graveyard and a British military base in the ... ( read original story ...)

Singapore bank lending weakens in December: MAS

SINGAPORE - Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. ( read original story ...)

Singapore December bank lending rises 5.6 pct y/y

SINGAPORE, Jan 31 (Reuters) - Singapore’s total bank lending in December rose 5.6 percent from a year earlier, on increased lending to financial institutions and a rise in housing and bridging loans, central bank data showed on Wednesday. Loans and ... ( read original story ...)

Singapore witnesses less bank lending in December

SINGAPORE, Jan. 31 (Xinhua) -- Singapore's total loans and advances including bills financing of Domestic Banking Units (DBU) declined 0.27 percent month-on-month in December, to a predicted 651.93 billion Singapore dollars. This reversed from a 0.64 ... ( read original story ...)

Singapore’s outbound property investments hit record in 2017

SINGAPORE monies that went into overseas real-estate investments last year rose by about 40 per cent to a record US$28.4 billion, up from US$20.4 billion in 2016 and upending the last high of US$27.6 billion in 2015. Sovereign wealth fund (SWF) GIC had a ... ( read original story ...)

Singapore’s overseas property investment soared 40% in 2017

Singapore’s overseas real estate investment surged by around 40 percent to a record US$28.4 billion (S$37.2 billion) in 2017, making it the fifth-biggest source of capital globally, after the US, Hong Kong, China and France, reported Business Times. ( read original story ...)

Home Loan – 5 Things That Can Affect Property Buying

The Credit Bureau of Singapore (CBS) keeps a credit report of every Singaporean ... Whenever you are submitting your application to banks for a home loan, banks will look up for your credit report from CBS. The credit report from CBS would then give ... ( read original story ...)

Long winter ending for S’pore property market

The worst may be over for Singapore's property slump. After a four-year slide in private residential prices, analysts are now calling an end to the property downturn. Singapore home prices have risen for two consecutive quarters, and are expected to ... ( read original story ...)