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Category: PROPERTY

Posted on 21/08/2024

Jail for 5 men linked to mortgage loan fraud; bank deceived into disbursing over S$5.1 million

SINGAPORE: Five men have been jailed for their involvement in mortgage loan fraud, which led to a bank disbursing mortgage loans amounting to S$5.16 million for the sale of two properties The scam was ... ( read original story ...)

Posted on 20/08/2024

Higher prices for new homes near waterfront expected under Singapore’s plans to remake city centre: Analysts

There would be little impact on existing housing prices as the plans will be implemented gradually and over a long period, said one property analyst. ( read original story ...)

Posted on 20/08/2024

Singapore moves to rein in million-dollar public housing flats ahead of elections

Prices of second-hand flats have surged in recent years, driven by pandemic-induced construction delays and high demand. ( read original story ...)

Posted on 20/08/2024

Singapore introduces measures to cool the public housing market

The loan-to-value limit for Housing Development Board loans has been lowered from 80% to 75%, the government said. ( read original story ...)

Posted on 20/08/2024

Tightening of HDB loan limits will have limited impact on property market in the long run, say analysts

The enhanced CPF Housing Grant, which will see eligible first-timer families get up to S$120,000, up from the current S$80,000 limit, will benefit lower-income groups the most, they added. ( read original story ...)

Posted on 20/08/2024

HDB loan limits tightened in new property cooling measures; Joseph Schooling reflects on rise and retirement: Singapore live news

Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online. ( read original story ...)

Posted on 20/08/2024

HDB loan limits tightened in new property cooling measure; eligible first-time buyers to get higher grants of up to S$120,000

SINGAPORE: The Ministry of National Development (MND) and Housing and Development Board (HDB) on Monday (Aug 19) announced a set of measures to cool the resale market and to provide more support for ... ( read original story ...)

Posted on 20/08/2024

New property cooling measure to tighten HDB loan limits; larger grants for lower-income flat buyers

HDB will also provide more financial support for lower-to-middle income first-time home buyers by increasing the Enhanced CPF Housing Grant. The Ministry of National Development and HDB set out these ... ( read original story ...)

Posted on 20/08/2024

Loan-to-value limit for HDB loans lowered in new property cooling measure; eligible first-time buyers to get higher housing grant

SINGAPORE: The Ministry of National Development (MND) and Housing and Development Board (HDB) on Monday (Aug 19) announced a set of measures to cool the resale market and to provide more support for ... ( read original story ...)

Posted on 19/08/2024

Property groups should sell low-yielding investment properties, go slow in raising debt

ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an ... ( read original story ...)

Posted on 19/08/2024

Asia markets take a breather after last week’s rally; inflation data and central bank decisions on deck

Traders will watch out for central bank releases, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting. ( read original story ...)

Posted on 17/08/2024

Housebreaking syndicates broke into 10 landed homes in Singapore since June and stole S$3.85mil: Police

SINGAPORE: International criminal syndicates have been breaking ... Long also faces one charge of fraudulent possession of property. The third individual – Wu Jinxing, 27 – is facing one charge of ... ( read original story ...)

Posted on 17/08/2024

Billionaire Jean Salata’s EQT Asia To Buy Singapore’s PropertyGuru For $1 Billion

The PropertyGuru app offers property listings across Singapore, Malaysia, Thailand, and Vietnam. EQT Private Capital Asia—an Asian buyout fund backed by Hong Kong-based billionaire Jean Salata—has ... ( read original story ...)

Posted on 16/08/2024

Singapore’s PropertyGuru Agrees To Be Taken Private By EQT AB In $1.1B Deal: Details

Once completed, PropertyGuru will go private, its shares will be delisted from the NYSE, and the company’s headquarters will remain in Singapore. Hari V. Krishnan, CEO & MD, PropertyGuru Group, said, ... ( read original story ...)

Posted on 16/08/2024

Johor-Singapore SEZ spurs interest in Johor properties

Discussions to finalise the JS-SEZ are set to take place at the Singapore-Malaysia Leaders’ Retreat. Read more at straitstimes.com. ( read original story ...)

Posted on 15/08/2024

Singapore home sales recover in July with more developer supply

Singapore’s new-home sales in July rose to the highest level since March, recovering from its weakest first half on record. ( read original story ...)

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