RMIT lecturer in property Peng Wong said "Australian governments are smart" to not immediately impose a 15 per cent tax like Singapore, Vancouver and Hong Kong had done. He said the 15 per cent surcharge was effective and dampened foreign buyer demand. ( read original story ...)
Singapore’s Shinvest Holding To Dispose Leasehold Property For S$4.38 Million
SINGAPORE (Sep 29) -- Shinvest Holding, a Singapore-based industrial components and parts maker, said Friday its subsidiary Sin Hong Hardware has entered into an agreement to sell a leasehold property in Singapore to Tong Tar Transport Service for S$4.38 ... ( read original story ...)
Singapore-listed Roxy-Pacific buys second office tower in New Zealand
Singapore-listed property group Roxy-Pacific advanced its New Zealand expansion buying its second office building in Auckland the NZI Centre for $NZ63 million ($58 million). The 9446sq m property at 1 Fanshawe Street is a five-storey building on a 2604sq ... ( read original story ...)
Singapore home prices have bottomed, Hong Kong ‘crazy.’
"Very significant" income growth will drive the first leg of a recovery in home prices in Singapore, where property ownership as a proportion of household assets is near a record low, BNP's Asia-Pacific head of research for financial institutions and ... ( read original story ...)
49% of S’poreans aspire to buy property in near future
Property affordability sentiment is still subdued in Singapore. Nearly five in 10 Singaporeans intend to purchase a residential property in the near future, according to PropertyGuru’s Regional Consumer Sentiment Survey for H1 2017. Although the home ... ( read original story ...)
Singapore Developers Predominant in Indonesian Property Market?
Jakarta, GIVnews.com – The majority of foreign property developers currently operating in Indonesia are from Singapore. Rising demands for property assets in Indonesia, thanks to its promising economic condition, had lured those developers to come in ... ( read original story ...)
Singapore investors set their sights overseas
UK residential property among top targets for Singapore investors. While foreign investment in Singapore has increased tremendously on the back of mega deals such as Qatar Investment Authority’s purchase of Asia Square Tower 1 for US$2.45 billion ... ( read original story ...)
Why property buyers should be interested in Bitcoin
With smart contracts, the landlord can just encode the contract onto the property listings. The prospective tenant ... For example, we currently pay about $2,000 to $3,000 for conveyancing fees in Singapore. If smart contracts allow for transactions ... ( read original story ...)
Property market could spring to life in Oct
SINGAPORE (Sept 25): Maybank Kim Eng expects a busy month ahead for the local property market. The brokerage cum research house is predicting strong bids for the tender for a prime commercial site on Beach Road which will close this Thursday as prime ... ( read original story ...)
Singapore’s Ascendas REIT Acquires Office Property In Australia For A$83.8 Mln
SINGAPORE (Sep 25) -- Singapore's Ascendas Real Estate Investment Trust said Monday it has acquired an office property in Queensland, Australia for A$83.8 million ($66.7 million). The freehold 14-storey property, with total floor area of 13,131 square ... ( read original story ...)
Singapore’s red-hot en-bloc market attracts fresh $1b sale bid
Spring Grove condominium, in Singapore's swanky diplomatic district ... "Our clubhouse is a heritage-listed property as it used to house the US ambassador. So the developer that buys the land will have a heritage-listed building as well," said Mr Adrian ... ( read original story ...)
Cromwell pulls out of $1.7b Singapore float
Cromwell Property has shocked investors with its decision to pull ... with Mr Weightman saying the European real estate investment trust, to be listed on the Singapore Stock Exchange, was part of its strategy to diversify its capital sources and increase ... ( read original story ...)
HDB LOANS MORE EXPENSIVE THAN BANK LOANS FOR THE PAST DECADE!
But from 2008 to the present, bank loans have been much cheaper ... costs so as to level the playing field and reduce the divide between the RICH and POOR in Singapore. The person buying an HDB flat shouldn't be hit by an interest rate higher than the ... ( read original story ...)
9 Spokes signs Memorandum of Understanding with Singapore’s OCBC Bank
9 Spokes International Ltd (ASX:9SP) and Singapore’s OCBC Bank have entered into a Memorandum of Understanding (MOU) to enter further negotiations. This follows the successful proof of concept with OCBC in June this year, and provides the company with ... ( read original story ...)
Journalist covering the Trillanes bank story threatened
Jam Sisante, a reporter for GMA News, was threatened for reporting on Philippine Senator Antonio Trillanes IV’s trip to Singapore to disprove accusations that he was holding ill-gotten wealth in various bank accounts. “So my friend and colleague Jam ... ( read original story ...)
AN ANALYST’S TAKE ON SINGAPORE BANK STOCKS & USD STRATEGY
script> Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like” me on ( read original story ...)