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Category: PROPERTY

Posted on 11/11/2018

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 ...)

Posted on 09/11/2018

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 ...)

Posted on 08/11/2018

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 ...)

Posted on 07/11/2018

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 ...)

Posted on 07/11/2018

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 ...)

Posted on 03/11/2018

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 ...)

Posted on 01/11/2018

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 ...)

Posted on 01/11/2018

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 ...)

Posted on 01/11/2018

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 ...)

Posted on 01/11/2018

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 ...)

Posted on 01/11/2018

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 ...)

Posted on 01/11/2018

SE Asia Stocks-Subdued; Singapore hits 1-week high as lenders jump

Malaysia snaps 3-day winning streak * Singapore's OCBC posts record qtrly profit * Indonesia c.bank pledges to ensure banks have ample liquidity By Shanima A Nov 1 (Reuters) - Singapore shares climbed ... ( read original story ...)

Posted on 01/11/2018

Singapore the world’s hottest luxury property market, while Vancouver ranks worst, says Knight Frank global index

Singapore’s luxury home prices have surged to become the world’s fastest appreciating market globally, overtaking Hong Kong where price growth has cooled such that it no longer ranks in the top dozen ... ( read original story ...)

Posted on 01/11/2018

Luxury property prices in Singapore surged to become the world’s fastest appreciating market globally

In the last year, the price of a luxury property increased by 2.7% on average across the 43 cities tracked said Knight Frank’s 3rd Quarter 2018 Prime Global Cities Index. The research by the leading g... ( read original story ...)

Posted on 31/10/2018

Bank lending dips in September on lower business loans: MAS

SINGAPORE - Bank lending in Singapore shrank slightly in September from a month ago on lower business loans, preliminary data from the Monetary Authority of Singapore showed on Wednesday (Oct 31). Loa... ( read original story ...)

Posted on 31/10/2018

UK green lights extradition of Canadian national accused of S$30,000 bank robbery

Singapore in 2016. Mr Roach allegedly made off with S$30,000 from the bank before fleeing to Bangkok where he was arrested three days later in a backpacker’s hostel. He was sentenced to 14 months in j... ( read original story ...)

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