SINGAPORE: Property agents are paying more attention to compliance checks in the wake of a S$1.8 billion (US$1.32 billion) money laundering case making headlines in Singapore ... ( read original story ...)
Singapore economy now projected to grow by just 1.0% in 2023: MAS survey
The latest estimate stands lower than the previous forecast of 1.4% in the previous survey earlier this year in June. ( read original story ...)
Economists Cut Singapore 2023 Growth and Inflation Forecasts – Survey
SINGAPORE (Reuters) - Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published on Wednesday, with ... ( read original story ...)
Property agent warns against renting your HDB flat out to “wrong tenants” and he shows you why
SINGAPORE: “Don’t be too eager to rent out your place to the wrong tenants,” a property agent warned in a recent TikTok video, showing how badly things can go wrong quickly. Mr Benedict Lim asked in ... ( read original story ...)
Interest rates ripples are being felt in the local home loan market
An influx of foreign investments can influence property prices and demand, indirectly affecting Singapore’s home loan market. 4. Consumer Confidence: The economic stability and robust job growth ... ( read original story ...)
Buying Your First Private Property in Singapore? 5 Things to know first! (2023)
The recent Urban Redevelopment Authority (URA) flash estimates have revealed the very first decline in Singapore private home property prices by 0.4% ... ( read original story ...)
Most Asia-Pacific banks sufficiently diversified, capitalised to weather property downturn: S&P
Of all the markets in the region, China is likely the most severely affected and the “epicentre of the region’s property strains”. Read more at straitstimes.com. ( read original story ...)
Singapore Police arrest 13 suspects aged 15-25 years for malware scams related to bank accounts
Complaints of malware have been coming to the Singapore Police Force since the beginning of 2023. According to the information released, the malware infected victims’ phones and then money was ... ( read original story ...)
Singapore braces for ‘partisan’ vote for president, guardian of its vast reserves
Singapore’s presidency has been directed elected only since 1993, after the late Lee Kuan Yew proposed a constitutional amendment to guard against unfettered access to the government’s reserves if a ... ( read original story ...)
Suspects Back in Court Over Singapore’s Swoop on Major Money Laundering Ring
SINGAPORE (Reuters) - Ten foreigners accused of involvement in a major money laundering operation in Singapore were set to appear in court on Wednesday, some facing new charges as the city-state seek ... ( read original story ...)
Property agents caught up in $1b money laundering case may see commissions ‘clawed back’
Around 60 agents are suspected to be involved in the sale or rental of properties related to the case. Read more at straitstimes.com. ( read original story ...)
Singapore-based office S-Reits resilient despite concerns sparked by WeWork
HEADWINDS for the global office real estate segment has been under focus after office-sharing firm WeWork raised “substantial doubt” in its ability to continue its business. Read more at The Business ... ( read original story ...)
270 results for ‘condo’
Minimalism, sustainability, and technology are emerging key trends which are increasingly incorporated into building designs in Singapore. We highlight a list of 6 award-winning properties which were ... ( read original story ...)
Singapore Probes Property Agents’ Roles in Laundering Case: ST
Singapore’s Council for Estate Agencies is investigating property agents who might have facilitated deals linked to the S$1 billion ($737 million) money laundering case in the city state, Straits ... ( read original story ...)
Property agents in billion-dollar money laundering case being investigated by CEA
The Council for Estate Agencies (CEA) is investigating property agents who might have facilitated property transactions relating to the recent money laundering case that involved about $1 billion in ... ( read original story ...)
Billion-dollar money laundering case: CEA investigating agents over property transactions
At least two real estate agencies have reported transactions or activities to the CAD since the Aug 15 blitz. Read more at straitstimes.com. ( read original story ...)