Singapore’s mortgage market is expected to soften in the long term due to the new cooling measures in the private residential market, according to the city-state’s largest bank, DBS Group Holdings. Ne... ( read original story ...)
New property curbs to erode market confidence, says REDAS
The new property curbs are a “big setback” for Singapore’s property sector, according to the Real Estate Developers’ Association of Singapore (REDAS) in a report by the Business Times. These new cooli... ( read original story ...)
Bank of Singapore is the First Singapore Private Bank to Receive Regulatory Approval to Open a Wealth Management Subsidiary in Luxembourg
SINGAPORE & LUXEMBOURG--(BUSINESS WIRE)--Bank of Singapore today announced that it has been granted an investment company licence to operate a wealth management subsidiary in Luxembourg – a first for ... ( read original story ...)
Can Singapore tame its property market with new rules?
It is 11 on a Thursday night, and a private condominium show suite in Singapore’s Hougang district – a populous area in the northeastern side of the island – is unusually packed. Snaking queues stretc... ( read original story ...)
Research: consumers spend more time searching for value-for-money holidays than investigating mortgage options
However, they will only spend 3.6 days investigating mortgage options. Britons spend three days – almost the same amount of time they spend to inv... ( read original story ...)
New Singapore Property Cooling Measures – The Show Has Just Begun
What a roller-coaster last week for Singapore’s real estate market. It was a surprisingly well-coordinated good show put up by the Singapore government, complemented by the parts played by different s... ( read original story ...)
Affected By Property Cooling Measures? Here Are 4 Ways You Can Invest Your Money Instead
The government, of course, is fully aware of this. To prevent an overheated private residential property market in Singapore, cooling measures were recently announced to curb property prices and manag... ( read original story ...)
Pricier mortgages loom as banks move to offset dismal lending
Banks may compensate for slower loan growth by pricing their mortgage packages higher following surprise policies unveiled by the government to slow down runaway residential prices in Singapore. Also ... ( read original story ...)
Singapore banks will benefit from new property cooling measures, says Moody’s
The measures, which include higher additional buyer's stamp duty (ABSD) rates and tighter loan-to-value (LTV) limits, reduce the risk of a property price bubble, future price shocks and losses from mo... ( read original story ...)
Singapore’s Temasek expands portfolio, but says it may slow down investments as global risks grow
In the past year, a number of companies that Temasek has a stake in have experienced surges in their share prices. Singapore’s DBS Bank saw shares jumped 42 percent, while in Hong Kong, China Construc... ( read original story ...)
Singapore’s Temasek reports record $235 bn portfolio
Temasek has since 2011 increased its investment focus on technology, life sciences, agribusiness, non-bank financial services and consumer sectors Singapore investment giant Temasek Holdings said Tues... ( read original story ...)
Liechtenstein Bank Eyes Asia After Stemming Tax-Related Outflows
VP Bank has been adding headcount in Singapore and Hong Kong, and is eyeing partnerships with a view to gaining more wealthy Chinese clients, according to Chief Executive Officer Alfred W. Moeckli. “W... ( read original story ...)
Three Charts That Help Explain Singapore’s New Property Curbs
Singapore imposed cooling measures on its property market last week, in a bid to contain what the central bank described as ‘euphoria’ in the sector. Here are three charts showing some of the factors ... ( read original story ...)
Is There Value In Singapore-Listed Banks After Falling More Than 10%?
In Singapore, the three major listed banks are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). Since their respective ... ( read original story ...)
Singapore, World Bank ink MOU to promote sustainable urban development
SINGAPORE, July 9 (Xinhua) -- The Singapore Land Authority (SLA) and the World Bank inked a Memorandum of Understanding (MOU) on the sidelines of the World Cities Summit 2018 on Monday, to promote the ... ( read original story ...)
No rationale for new property cooling measures, says REDAS
The Real Estate Developers’ Association of Singapore (REDAS) sees no rationale in imposing new property cooling measures considering that the Singapore property market is still in the “early stages of ... ( read original story ...)