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Category: PROPERTY

Posted on 27/11/2024

Singapore households should remain prudent amid global risks: MAS

Households have strong financial buffers but should be careful given the heightened geopolitical uncertainties and trade tensions, MAS said in its annual financial stability review. ( read original story ...)

Posted on 27/11/2024

Financial institutions, companies in Singapore have enough buffer to weather shocks: MAS

COMPANIES and financial institutions in Singapore have enough buffers to manage shocks to their incomes and financing costs as their strong balance sheets can help them cope with higher borrowing ... ( read original story ...)

Posted on 26/11/2024

Hotel developer seeks $6m from Killiney Road condo owners for encroachment into its property

The alleged encroachment involved a strip of concrete backfill measuring 10 to 20 cm wide along a 35-meter stretch. Read more at straitstimes.com. ( read original story ...)

Posted on 26/11/2024

Barclays to add Singapore as private bank booking centre by 2026

SINGAPORE – Barclays plans to add Singapore as its second booking centre for its private bank operations in Asia Pacific, marking a full return to the wealth hub. Rich clients will be able to park ... ( read original story ...)

Posted on 26/11/2024

Singapore Gulf Bank Eyes $50 Million Acquisition of Stablecoin Payments Company

Singapore Gulf Bank is set to acquire a stablecoin payments firm in 2025, aiming to raise $50 million by selling 10% of its equity. ( read original story ...)

Posted on 25/11/2024

Is PSF Still Relevant In The Singapore Property Market? Why Price Per Square Foot Could Be Misleading in 2024

Price Per Square Foot (PSF) is a time-honoured way of comparing prices in the property market; but along the way, it became far too intertwined with notions of value. It’s just an easy, intuitive way ... ( read original story ...)

Posted on 23/11/2024

Unlock Savings and Financial Flexibility: A Guide to Housing Loan Refinancing in Singapore

Refinancing a housing loan in Singapore can help homeowners save money and improve their financial situation. Many people choose to refinance their mortgages when interest rates drop or their ... ( read original story ...)

Posted on 22/11/2024

Singapore property rental scams have cost victims over $2.7 million in 2024

From January to October 2024, there were over 430 reported cases of fraud where scammers impersonated agents registered with the Council for Estate Agencies (CEA). ( read original story ...)

Posted on 22/11/2024

CapitaLand Warns of China Losses as Singapore Property Investor Cuts Exposure

CapitaLand Investment Ltd., one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis. ( read original story ...)

Posted on 22/11/2024

Singapore’s residential market expects boost in sales, prices in Q4

Strong demand for newly launched residential projects in Singapore may boost primary sales and overall property prices in the fourth quarter. ( read original story ...)

Posted on 21/11/2024

What Is Home Loan Amortisation and How It Affects Your Mortgage Repayment in Singapore

Currently, mortgage amortisation is the only mode of repayment in Singapore. That has been the case since interest-only loans were banned in 2009. This section is mostly FYI since mortgage ... ( read original story ...)

Posted on 21/11/2024

2025 forecast: Report says home prices are set to rise in Singapore, Hong Kong, Australia & Japan

In Australia, home prices are expected to increase by between 7 and 8 per cent, while in Singapore, they’re expected to go up by 3 per cent. Japan is expected to see the smallest increase among the ... ( read original story ...)

Posted on 21/11/2024

Singapore proposes unprecedented anti-scam powers for police amid support, privacy concerns

Singapore could be the first country to implement legislation allowing authorities to control individual bank accounts to protect people from scams. ( read original story ...)

Posted on 18/11/2024

Frasers Property and Sekisui House to redevelop Robertson Walk into 348 luxury homes

The company described the development as a “luxury 348-unit residential enclave with an exciting mix of dining and entertainment options.” ... ( read original story ...)

Posted on 18/11/2024

Fixed home loan rates to fall below 2% over the next year and a half, says mortgage broker

The election of Donald Trump raises inflation concerns which could mean fewer rate cuts in 2025. Read more at straitstimes.com. ( read original story ...)

Posted on 17/11/2024

What Happens to Your Existing Mortgage When You Sell Your Property in Singapore?

For those who are still servicing that home loan, you may wonder “what happens to my existing mortgage when I sell my property?” In this article, we’ll answer just that. ( read original story ...)

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