Yearly rental rates in Singapore rose by a substantial 28 per cent in Q4 of 2022, up from 23 per cent in the previous quarter. In comparison, New York only saw a 19 per cent growth in prime rental ... ( read original story ...)
CGS-CIMB stays ‘overweight’ on Singapore property stocks
CGS-CIMB analyst Lock Mun Yee is keeping her "overweight" call on the local property sector, which she believes is still "inexpensive". According to the most recent monthly numbers released by the ... ( read original story ...)
Singapore Replaces New York as Strongest Global Residential Rent Growth City in 2022
Global property consultant Knight Frank is reporting this week that Singapore leads the Q4 2022 rankings, pushing New York off the top spot. Singapore's annual rental growth grew from 23% in Q3 to 28% ... ( read original story ...)
Sentosa Cove property sales pick up in H2 2022 with more bungalows, condo units sold
Sentosa Cove is the only place in Singapore where a foreigner who is not a Singapore permanent resident may buy a landed property. Properties on Sentosa are all on 99-year leasehold tenures. In ... ( read original story ...)
Luxury Property Rents Increase Faster in Singapore Than New York
Singapore pushed New York off the top spot for the strongest growth in residential rents in the last quarter of 2022, fueled by a supply crunch and strong demand.Most Read from BloombergFirst Republic ... ( read original story ...)
Singapore Rental Price Surge: This British couple can’t afford to stay here anymore
How have rising property prices affected those living in Singapore? For this British couple, it means packing up and moving back home. How are rising real ... ( read original story ...)
Singapore’s housing market slowing
Singapore’s housing market is now cooling again, amidst falling property demand. The nationwide real house prices rose by 2.05% year-on-year in 2022, a slowdown from an annual increase of 6.4% in 2021 ... ( read original story ...)
Singapore property auction success rate hits record highs since 2011
Overall, auction listings declined by 31.9% y-o-y with mortgagee and owner sale listings dipping 52.3% y-o-y to 133 listings and 19.6% y-o-y to 250 listings respectively (Exhibit 1). ... ( read original story ...)
The rise and fall of Silicon Valley Bank: Timeline of tech lender’s collapse
When Silicon Valley Bank sought to raise funds to shore up its balance sheet, it triggered a bank run instead. Within 48 hours, SVB had collapsed. ( read original story ...)
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling. Singapore banks’ profits are expected to peak mid-year as they continue to benefit from fatter margins— but headwinds are catching up, and the ... ( read original story ...)
Check property prices, market trends with new analytics tool and 3D interactive map
For a $150 administrative fee, sellers can also list their property on the portal and be assigned an agent to handle buyer inquiries. Read more at straitstimes.com. ( read original story ...)
From Dubai, Singapore to Mumbai, how many sqft of prime property you can buy in Rs 50 lakh
As a number of Indians, are interested in investing in prime properties abroad these days, we look at how many square foot (sqft) of prime property one can buy for Rs 50 lakh in 7 cities ... ( read original story ...)
Are property prices really to blame for our falling birth rates in Singapore?
Singapore's fertility rate was at a record low in 2022, and we've seen online discussions and news outlets pin it on housing prices, albeit to varying degrees. Some claim high property prices as the ... ( read original story ...)
Why I Bank(ed?) with SVB, and Will Again
I don’t come from “private banker” money, I’m too young for bank tellers who knew your name, and the second place prize goes to any bank whose app doesn’t actively make it hard to use. At SVB, however ... ( read original story ...)
Indian-origin teen accused of cheating Singapore bank
An Indian-origin teen in Singapore was charged on Friday, March 10, with one count of cheating and one count of abetting an unknown person to secure unauthorised access to a bank's computer system. ( read original story ...)
How to profit off Singapore’s property industry if you live abroad
With a stable political environment, thriving economy, and strong property market, Singapore offers numerous possibilities for real estate investors looking to make money, regardless of location. In ... ( read original story ...)