According to sources, GIC is in the final leg of three real-estate deals in the country. They relate to properties or significant stakes in portfolios of key investors ... ( read original story ...)
99-to-1 property scheme: IRAS conducting regular audits to uncover ‘contrived or artificial’ arrangements
SINGAPORE: Audits of a property purchase arrangement – commonly known as a 99-to-1 scheme – are part of regular checks by Singapore's tax authority to uncover "contrived or artificial" setups that ... ( read original story ...)
Freehold property at Wilkie Road relaunched for collective sale at S$10M guide price
SINGAPORE – A freehold residential site at 64 Wilkie Road has been relaunched for collective sale via tender on Thursday (6 April) at a reduced guide price of S$10 million. According to a statement by ... ( read original story ...)
Singapore rental market slows as tenants resist hikes, turn to alternatives
SINGAPORE: The surge in home rents appears to be slowing amid a "growing disparity" in expectations, with tenants resisting increases and landlords reluctant to lower prices in the face of rising ... ( read original story ...)
Billionaire Cousins Emerge As Lone Bidder For Singapore Housing Site Amid Record Home Prices
Quek inherited his fortune from his father, one of three brothers who started a banking group in the 1920s. His cousin, Kwek, also a billionaire, is the executive chairman of Singapore-based property ... ( read original story ...)
Malaysians Can Now Pay Using DuitNow In Singapore
The central banks of Singapore and Malaysia have linked their QR code payment systems. Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) has launched a cross-border QR code ... ( read original story ...)
Singapore’s CapitaLand buys Japanese multifamily assets for S$141 million
The assets will be injected into the CapitaLand Open End Real Estate Fund, a $500 million pan Asia Pacific private real estate fund formed in September 2021. “The deal marks the fund’s entry into the ... ( read original story ...)
AI tools like Home Loan Report are revolutionising the mortgage industry
AI like Home Loan Report, has revolutionised several industries, and the mortgage broker business in Singapore is no exception. The post AI tools like Home Loan Report are revolutionising the mortgage ... ( read original story ...)
3 Things To Know Before Committing to Co-Borrowing on Mortgage
In Singapore, it’s common to co-borrow on a mortgage with your parents or spouse to strengthen your loan application. When ... ( read original story ...)
Tight Rental Market Fuels Rental Scams, Singapore Among Top Cities for Ultra-prime Residential Sales, and More
Almost all 320,000 HDB flats that were built up to 1986 have been upgraded under the Home Improvement Programme (HIP). Meanwhile, demand for assisted co-living arrangements in public housing flats is ... ( read original story ...)
Subscriber Picks: How to escape bad meetings | Are ‘99-to-1’ property deals to avoid ABSD legal?
Subscriber picks is a weekly curation of the best from The Straits Times - where we bring you exclusive reports, in-depth analyses, and the latest happenings in Singapore and beyond. Read more at ... ( read original story ...)
Singapore Home Price Growth Accelerates as Demand Remains Strong
Singapore home prices grew at a faster pace in the first quarter, signaling appetite for new properties remains high. ( read original story ...)
Singapore private home prices up 3.2% in first quarter: URA flash estimates
SINGAPORE: Private home prices in Singapore increased by 3.2 per cent in the first quarter of 2023, according to official flash estimates released by the Urban Redevelopment Authority (URA) on Monday ... ( read original story ...)
Chinese Cash Trickling Back to Asia’s Property Markets
The end of China's strict COVID-19 border controls is prompting pent-up cash to begin flowing abroad, real estate agents and property data from Australia to Singapore suggest. Chinese demand is ... ( read original story ...)
Singapore’s best places to stay: Top 12 hotels and resorts for different budgets
Singapore is full of high-rise business hotels but there are also tropical resorts, budget busters and boutique options. ( read original story ...)
S’pore-listed property developer Hatten Land plans to restart work on Melaka project after years of delays
At least 80 buyers of its Harbour City development had staged a protest on March 18. Read more at straitstimes.com. ( read original story ...)