Category: PROPERTY

The biggest stakeholders of United Engineers Limited (UEL), which has a market capitalisation of $1.7 billion, have officially begun evaluating buyer interest in the 105-year-old Singapore property conglomerate, reported Bloomberg, citing sources privy to ... ( read original story ...)

SINGAPORE (Reuters) - Singapore prosecutors on Thursday filed 16 charges against the local branch manager of Swiss-based Falcon Private Bank AG, as part of an ongoing investigation tied to scandal-hit state investment fund 1Malaysia Development Bhd (1MDB ... ( read original story ...)

SINGAPORE (Reuters) - Singapore prosecutors on Thursday filed 16 charges against the local branch manager of Swiss-based Falcon Private Bank AG, as part of an ongoing investigation tied to the scandal-hit Malaysian state fund 1Malaysia Development Bhd ... ( read original story ...)

"The one good thing is that interest rates were quite low." As recently as this summer, homebuyers had ultra-low mortgage rates on their side. Good news for any borrower, but especially for those in expensive housing markets like Los Angeles, Boston and ... ( read original story ...)

the time is particularly ripe to take that first dip into the local property pool. For foreigners in Singapore, however, it’s worth noting that strict government restrictions on foreign property ownership means that the pool that’s open to you is ... ( read original story ...)

It’s that time of the year where I take a look back at what’s happened over the past twelve months, then try and say something intelligent about the future direction of the property market over the next year. But this year I’m particularly ... ( read original story ...)

SINGAPORE Dec 30 Singapore total bank lending in November rose 0.4 percent from October, due to a rise in general commerce loans, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted S$610.6 billion ... ( read original story ...)

Many Singaporeans rode the property boom in the years from 2008 to 2013 to build a substantial level of wealth for themselves. But the last three years have been unkind to Singapore’s property market. The downturn in the real estate market is widespread ... ( read original story ...)

But buying commercial space or a residential unit in Australia or Japan is very different from making a similar investment in Singapore. Each country has its own set of laws and regulations governing the acquisition of property by foreigners. Additionally ... ( read original story ...)

Mortgage rates have gone up nine weeks in a row -- something that's happened only one other time in the last 31 years. But that doesn't tell the whole story. Mortgage rates have risen 12 of the last 13 weeks. Guess what happened that one week when they ... ( read original story ...)

Ravi Menon, the head of Singapore’s central bank, summed up the city’s mood as the 1MDB-related cases escalated in July: “We can do better.” “2016 was the year of significant crackdown in Singapore,” said Hamidul Haq, a lawyer at Rajah & Tann ... ( read original story ...)

2016 has been a watershed year for the Singapore property market. Nevertheless, the year saw some major deals and noteworthy new property launches take place. As the year comes to a close, let us reminisce what captured attention in the property scene ... ( read original story ...)

"Primary issuance in the Singapore dollar bond market should be better in 2017, coming off this year's lows and, hopefully, no further big shocks will affect the SGD market," said Tan Kee Phong, head of capital markets at OCBC Bank. "This year, the ... ( read original story ...)

It’s taken longer than expected, but Barron’s Asia’s tip to buy shares in DBS Group finally proved to be on the money. We advised depositing DBS (D05.SG) in your portfolio back in February when Singapore’s biggest lender was trading at under SGD14 ... ( read original story ...)

SINGAPORE (Reuters) - Asian stocks were mostly higher on Tuesday ... European stocks were little changed on Friday, although banks rose after Deutsche Bank and Credit Suisse settled investigations into U.S. mortgage securities sales, while ... ( read original story ...)

For the fifth and the sixth, check out here. Counting Down To No.1 At fourth place is United Overseas Bank Ltd (SGX: U11), one of the largest financial companies in Southeast Asia. The Singapore-based bank provides a wide range of financial services globally. ( read original story ...)