Nearly 2,000 units were sold in the Core Central Region alone in Q2. The massive jump in Asian wealth and the overall increase in wealth creation globally drove Singapore’s property sector to flourish ... ( read original story ...)
Asia-Pacific REITs: Temasek reshaping Singapore’s market
The Singapore REIT market is going through a shake up as the economy modernises. Florence Chong reports Shareholders in CapitaLand Group voted unanimously in August to hive off their development ... ( read original story ...)
Singapore and Malaysia to link payment systems
Singapore and Malaysia will connect their domestic real-time payment systems starting from next year, said the Monetary Authority of Singapore and Bank Negara Malaysia. The first phase of the linkage ... ( read original story ...)
What We Know About Singaporean Millennials and Luxury Property in 2021
Luxury property ownership in Singapore is seen by millennials as a long-term goal they would like to achieve. For now, in 2021, many are looking to save up and buy their own property and then upgrade ... ( read original story ...)
This is How Much Singaporeans Really Care About Sustainability in Their Property Decisions in 2021
Sustainability in Singapore is an issue increasingly more young people are paying attention to. In this article, we dissect the results of PropertyGuru's Consumer Sentiment Study for H2 2021 to ... ( read original story ...)
Commentary: Evergrande woes could spread to Southeast Asia property markets and construction suppliers
While financial risks are contained, the worry is if Evergrande and other property developers coming under strain default on Southeast Asian suppliers and overseas developments, says Coface’s Bernard ... ( read original story ...)
Singapore to link up with Malaysia on cross-border payment transfers
Singapore and Malaysia will link their national real-time payment systems PayNow and DuitNow, respectively, to enable cross-border fund transfers via mobile numbers. ( read original story ...)
Jail for clinic assistant, property agent who redeemed face masks with NRIC numbers of patients, clients: Report
SINGAPORE: A clinic assistant and a property agent were sentenced on Monday (Sep 27) to jail after using patients' and clients' NRIC numbers to redeem free face masks, acco ... ( read original story ...)
Clinic assistant, property agent jailed for using other people’s IC numbers to redeem masks
The police previously said they will spare no effort in apprehending those who cheat to redeem masks.. Read more at straitstimes.com. ( read original story ...)
Property market update: Private home sales dip while prices keep climbing
First-time homeowners continue to keep their fingers crossed, hoping for a break; while at the same time sellers wonder if now’s the time to sell (if you sell high, you might buy high too ... ( read original story ...)
India sets up ‘bad bank’ to deal with massive unpaid loans
The new institution will take over bad loans from commercial banks amounting to two billion rupees.. Read more at straitstimes.com. ( read original story ...)
Singapore’s first-time homebuyers in a bind as public housing prices close in on record levels
With a pandemic-induced labour shortage adding years to the wait times for future builds, prospective homeowners are turning to the resale market – but this means the HDB price index has risen for 14 ... ( read original story ...)
Property agents, buyers jailed for evading $69,000 in stamp duty by backdating option to purchase
They backdated an option to purchase to avoid paying higher additional buyer's stamp duty for a condo unit.. Read more at straitstimes.com. ( read original story ...)
Virus spike hits Singapore as it awaits economic data; Philippine stocks cheer record low rates
Equities in the Philippines outshone their emerging Asian peers on Friday after its central bank kept interest rates at record lows, while stocks in Singapore were hit as the city-state logged record ... ( read original story ...)
Singapore Police Force Has Confirmed That Malaysia Zeti Husband Received Money From Jho Low – Flipping of The RM5 Billion 1MDB Bonds
HOW much did Tan Sri Dr Zeti Akhtar Aziz know about the bank account in Singapore that belonged to her husband Datuk Dr Tawfiq Ayman? Probably quite a bit. According to documents and correspondences ... ( read original story ...)
EMERGING MARKETS-Evergrande keeps Asia FX muted, Philippine stocks cheer dovish c.bank
Doubts around Evergrande linger * Singapore, S. Korea report record COVID-19 cases * Thailand markets shut By Shashwat Awasthi Sept 24 (Reuters) - Most emerging Asian currencies softened on Friday as ... ( read original story ...)