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Category: PROPERTY

Posted on 25/12/2018

What rising interest rates mean for Singapore property

Homeowner Grace Koh had barely settled into her new condominium apartment along Singapore’s breezy East Coast in August, when the interest rate on her mortgage jumped from 1.5 per cent to 1.8 per cent ... ( read original story ...)

Posted on 25/12/2018

Is fixed-rate mortgage the best for a new home purchase?

For the floating rate mortgage, it is a variable interest rate, usually based on the Singapore Interbank Offered Rate (SIBOR) or Singapore Swap Offer Rate (SOR) By: Phoenix Lee/ As the name implies, f... ( read original story ...)

Posted on 24/12/2018

Singapore pvt. banks target NRIs in Middle East expansion

Singapore with 22 percent is number one and London is third at 13 percent. Bank of Singapore (BOS), the eighth largest private bank in Asia (ex-China), based on assets under management, which opened i... ( read original story ...)

Posted on 24/12/2018

Singapore private banks target Non-Resident Indians in Middle East expansion

Singapore with 22 percent is number one and London is third at 13 percent. Bank of Singapore (BOS), the eighth largest private bank in Asia (ex-China), based on assets under management, which opened i... ( read original story ...)

Posted on 24/12/2018

“Singapore figured very highly as a place from which money laundering occurred”: Veteran business journalist on 1MDB fiasco

The report highlighted that "five wire transfers totaling $636,000,000 were sent from the Aabar-BVI Swiss Account to an account at Standard Chartered Bank in Singapore held in the name of Blackstone A... ( read original story ...)

Posted on 24/12/2018

People’s Bank Master Cardholders rewarded with air tickets to Singapore

From left: People’s Card Centre Acting Assistant General Manager T.G.S.P. Kumarasiri, Winner of two return air tickets to Singapore Sampath Chaminda, Master Cards (Sri Lanka and Maldives) Country Mana... ( read original story ...)

Posted on 24/12/2018

Singapore’s November Inflation Seen Slowing to 0.6 Percent Year-On-Year: Reuters Poll

so nothing that would cause the MAS to back down from their current policy," said Vishnu Varathan, head of economics and strategy at Mizuho Bank in Singapore. "Given that their starting point was ... ( read original story ...)

Posted on 20/12/2018

Singapore central bank bans former Goldman Sachs’ banker for life

SINGAPORE (Reuters) - Singapore's central bank on Wednesday said it had issued a lifetime prohibition order against former Goldman Sachs' banker Tim Leissner after he admitted to charges related ... ( read original story ...)

Posted on 16/12/2018

5 ways Singapore property developers get on Santa’s naughty list (Part 1)

Developers in Singapore are mostly reliable. In the rare instance when something goes wrong, however, it tends to go wrong in a big way. Not only is a house a very expensive purchase and any defects l... ( read original story ...)

Posted on 16/12/2018

5 ways Singapore property developers get on Santa’s naughty list

Developers in Singapore are mostly reliable. In the rare instance when something goes wrong, however, it tends to go wrong in a big way. Not only is a house a very expensive purchase and any defects l... ( read original story ...)

Posted on 14/12/2018

6 ultra-prime Singapore property projects to look out for in 2019

2019 will be an intriguing year for property developers. While there’s still a lot of moaning about the cooling measures, there’s also a lot of fantastic upcoming projects/land parcels that have the p... ( read original story ...)

Posted on 14/12/2018

Singapore’s property measures to tame residential market in 2019

SINGAPORE (Dec 11): Just when Singapore’s residential property market was reviving after a four-year slump, government moves to curb the exuberance might play spoiler going into the new year. Home pri... ( read original story ...)

Posted on 13/12/2018

Singapore cops probe Rs 15 crore cyber fraud at SoBo bank branch in Mumbai

MUMBAI: The Singapore police have begun probe into a cybercrime case where unidentified fraudsters allegedly siphoned off over Rs 15 crore from the Nariman Point branch of State Bank of Mauritius ... ( read original story ...)

Posted on 10/12/2018

Singapore property investor flies in just to buy Melbourne home for $135,000 above reserve

The house in Melbourne was sold at AUD135,000 above reserve to a Singapore property investor who flew in and out from the Republic on the same day the property went under the hammer. A house in Hawtho... ( read original story ...)

Posted on 10/12/2018

Singapore is Asia third most expensive city to secure luxury property

The report which also revealed that Singapore has been ranked as Asia’s second most expensive city to maintain an upscale lifestyle, said that it rose one spot in the rankings partly due to the strong... ( read original story ...)

Posted on 09/12/2018

Singapore property investor flies in just to buy Perth home for $135,000 above reserve

The house, which is a 5-minute walk to the Perth Central Business District, was sold at AUD135,000 above reserve to a Singapore property investor who flew in and out from the Republic on the same day ... ( read original story ...)

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