Country winners from the aforementioned 14 markets advance to the seventh annual PropertyGuru Asia Property Awards grand final in Singapore on 7-8 November to compete for regional titles and be crowned the "best in Asia" in 2017. Last year's grand final ... ( read original story ...)
Singapore Property Developers Have a New Headache
Singapore’s recent unwinding of some property curbs, which initially appeared to boost prospects for developers, may instead be creating new problems. After regulators closed a tax loophole that allowed developers to offload apartments in bulk to ... ( read original story ...)
Time to rethink investment in residential property
With Singapore's economy still weak, and property cooling measures still largely in place, potential investors are rightly apprehensive about prospects for real estate. On March 10, 2017, the government made a surprise announcement that the seller's stamp ... ( read original story ...)
Singapore February bank lending rises to S$627.4 billion, up 1.7 percent m/m
SINGAPORE (Reuters) - Singapore's total bank lending in February rose as lending to financial institutions, general commerce as well as building and construction increased, central bank data showed on Friday. Loans and advances by domestic banking units in ... ( read original story ...)
Inside Singapore's most extravagant homes, where fortunes are at stake
The outlook for Singapore's most exclusive properties is leaving property analysts and top agents at odds as market conditions and initial data points paint a conflicting picture. Statistics collated by Singapore's Urban Redevelopment Authority and data ... ( read original story ...)
Investments in Singapore Property Assets Rise: ETF in Focus
Singapore is seeing a surge in investments in property assets. Foreign investments in the country’s property assets rose to $4.1 billion in 2016, an increase of 441% year on year. The major component of this investment was the Qatar Investment Authority ... ( read original story ...)
Sotheby's International Realty opens in Singapore
Leong Boon Hoe, Chief Operating Officer of List Sotheby’s International Realty, Singapore. Capitalising on Singapore’s position as a financial hub and the growing number of affluent individuals in the Southeast Asia region, Sotheby’s International ... ( read original story ...)
Singapore investors shun real estate deals in home market
Domestic investment in Singapore real estate fell 16 percent in 2016, according to JLL. Unlike other countries in the Asia Pacific, Singapore saw domestic real estate investment drop 16 percent in 2016, while inbound investment surged 441 percent from ... ( read original story ...)
Why you shouldn't rush to buy property after the easing of property cooling measures
Since 2009, the government has been trying to rein in property prices in Singapore. To this end, they introduced a slew of cooling measures - eight in total - including the ABSD (Additional Buyer's Stamp Duty), the SSD (Seller's Stamp Duty) and the TDSR ... ( read original story ...)
New Singtel service allows Indonesians to remit money to those without bank accounts
SINGAPORE: Indonesians working in Singapore will now be able to remit money to family members who currently do not have bank accounts, with the launch of a new service by Singtel. The service, offered by Singtel Dash, allows customers in Singapore to send ... ( read original story ...)
Singapore's Mapletree opens first fully owned property in Vietnam
HO CHI MINH CITY -- Singapore property developer Mapletree opened a business center this week in Ho Chi Minh City, the company's first wholly owned real estate project after 12 years in Vietnam. The 17-story, top-grade office tower is the second phase of ... ( read original story ...)
News Roundup (March 2017)
Housing prices in Singapore are likely to continue falling even as the government may gradually ease the property cooling measures, Fitch Ratings said recently. The ratings agency noted that Singapore’s efforts to curb property speculation in an ... ( read original story ...)
Why banks might be causing flat mortgage growth
According to Jefferies, the mortgage growth is flat at ~4% despite the increased ... restrictions and liberalisation of shareholding policy for finance companies in Singapore announced in February is also intended to enhance financing to SMEs. ( read original story ...)
Buying property in Singapore: How to ensure you can afford the home you want
Property prices in Singapore have been on the decline in the last three years, but many forgot that before the decline, private home prices have surged some 60 percent since the 2008 – 2009 global financial crisis. The inflation has no doubt caused the ... ( read original story ...)
Regulator tells Singapore bourse: Restore trading more quickly after glitches
SINGAPORE, March 20 Singapore's central bank said on Monday it has asked the Singapore Exchange to enhance its recovery processes following an investigation into a trading disruption in July last year. At the time, trading in the securities market was ... ( read original story ...)
Malaysia seen retaining property cooling measures
COUNTRIES in the region that imposed property cooling measures at around the same time are not likely to be relaxing them almost simultaneously due to differing economic conditions. Singapore had slightly lowered the property seller’s stamp duty and ... ( read original story ...)