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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)