Singapore ranked 6th amongst the top markets for prime, super-prime and ultra-prime properties globally, according to a report by Knight Frank. The Lion City, alongside Hong Kong, were the only two ... ( read original story ...)
3 years’ jail for ex-property agent who made off with client’s money and caused over $1m loss
SINGAPORE - A property agent, engaged to help in the purchase of a condominium unit, misappropriated nearly $600,000 of her client’s money meant for parties including the property developer. This led ... ( read original story ...)
Singapore wealth firm Farro Capital sees rapid growth catering to rich families
The firm was founded in October by former Bank of Singapore market head for Global South Asia and the Middle East Hemant Tucker, Maitri Asset Management’s ex-chief executive officer Manish Tibrewal ... ( read original story ...)
Man involved in scams where over $5 million was lost allegedly paid others to give up bank accounts
SINGAPORE - A 20-year-old man, suspected to be involved in procuring bank accounts for criminal activities, allegedly paid others to get them to give up their accounts. Read more at straitstimes.com. ( read original story ...)
Maybank Singapore’s profit before tax doubles to S$655.92m in 2022
This was reportedly thanks to higher income and lower loan loss allowances. Maybank Singapore’s full year profit before tax doubled to S$655.92m in 2022, according to the bank’s latest financial ... ( read original story ...)
Home-staging trend to speed up property sales
SINGAPORE: A property listing is no longer limited to just welcoming prospective buyers to view a home in its current state online or in person. ( read original story ...)
Beyond 2022: How Singapore’s development will affect the property market (Jurong East and Tengah)
The West has a reputation for being pretty remote by Singapore standards. Being the manufacturing hub of the country, it was a low priority for residential development (or any other kind of ... ( read original story ...)
Agent tries to sell ‘cheapest’ private residential land in Singapore – that you can’t actually build a house on
Realtor Lynn Tiang introduced “probably the cheapest land you can get in Singapore” in a video posted to the Property Giant TikTok channel recently. ( read original story ...)
Changing land pricing to cut cost of HDB flats risks destabilising entire property market: DPM Wong
Changing the way that land is priced to lower the cost of Housing Board flats will risk destabilising the entire property market, said Deputy Prime Minister Lawrence Wong. He cautioned against ... ( read original story ...)
Return of China property buyers in bigger numbers unlikely to impact prices in Singapore: Analysts
As China moves to a post-pandemic approach to COVID-19, analysts expect more of its nationals to explore investing in the Singapore property market. ( read original story ...)
Singapore housing supply to remain tight in the next few years
But home prices are not expected to increase significantly. Singapore is set to see a tight housing supply over the next few years. According to OrangeTee, housing supply is expected to remain tight ... ( read original story ...)
SMEs in Singapore urged to use PayNow-UPI scheme for biz deals with India
The Singapore Indian Chamber of Commerce and Industry (SICCI) has urged Small and Medium Enterprises (SMEs) in the city-state to use the PayNow-UPI linkage for business dealings with India for ease of ... ( read original story ...)
Is Singapore too expensive to live in? A look at cost of living in the country in 2023
Most expats rent a home in Singapore. Be warned — it’s not cheap. If you’re planning on renting, here are some factors for you to consider: What type of property do you want to live in — public or ... ( read original story ...)
What can the Singapore housing sector offer foreign investors
The Singapore property market has been a hot topic of discussion in recent years, with its constant evolution and government intervention to ensure stability and sustainability. ( read original story ...)
Budget 2023 grants could further increase HDB resale prices, property expert warns
The Online Citizen Asia Budget 2023 grants could further increase HDB resale prices, property expert warns Property ... ( read original story ...)
Resale HDB flat sellers unlikely to raise prices for first-time buyers despite higher grants, property agents say
Although first-time resale flat buyers will receive increased housing grants, some property agents said they have not seen sellers raising their flat prices to capitalise on the larger budget. ( read original story ...)