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Category: PROPERTY

Posted on 28/03/2023

Homeowners tell drivers to ‘park at your HDB car park’ not Meragi Close landed property estate

The situation at Meragi Close was brought to light after driver took to Stomp to recount their experience with a homeowner who resorted to putting up flyers on cars to shoo them a ... ( read original story ...)

Posted on 28/03/2023

Singapore’s condo market on track to underperform in Q1: analysts

Mortgage rates and borrowing costs are likely to remain elevated amidst the ongoing banking crisis in the West, noted Christine Sun, senior vice president of research & analytics, Orange Tee & Tie. ( read original story ...)

Posted on 27/03/2023

Singapore’s financial centre status is safe, despite an overheated rental market

The sudden resumption of demand has added to the long list of factors driving up rental prices. Among the most important ones are the lack of supply, the "financialisation" of real estate and, more ... ( read original story ...)

Posted on 27/03/2023

Facebook, Carousell users tricked into working for scammer who posed as property agent

He allegedly paid the social media users $50 each to share fake listings on their real accounts. Read more at straitstimes.com. ( read original story ...)

Posted on 26/03/2023

Care must be taken to not overcorrect S’pore’s property market in times of volatility: Desmond Lee

National Development Minister Desmond Lee said care must be taken to not overcorrect Singapore’s property market. The property market here has been fairly resilient, in part because of the cooling ... ( read original story ...)

Posted on 26/03/2023

Early signs of rental, resale property markets slowing: Desmond Lee

He told ST that the construction of BTO projects has been ramped up but it will take about two years to clear the backlog. Read more at straitstimes.com. ( read original story ...)

Posted on 25/03/2023

Murder in the house? Here’s how to sell a stigmatised property in Singapore, says one property agent

Selling a house can be challenging, from putting it up for sale to finding the right buyer. But when the house is a stigmatised property, the process can get a lot trickier. What's a stigmatised ... ( read original story ...)

Posted on 25/03/2023

5 property asset progression risks upgraders should know to avoid financial setbacks

It’s a seductive pitch and one that many people fall for. But as someone who’s seen both the highs and the lows of the Singapore property market, I can tell you that the reality is far more complex. ( read original story ...)

Posted on 24/03/2023

Heart of the Matter – S3E32: Can a bank go bust in Singapore?

It started with the collapse of Silicon Valley Bank in the US and was followed swiftly by the emergency rescue of beleagued Credit Suisse by UBS.  How does a bank go bust? What drives panic and fear ... ( read original story ...)

Posted on 24/03/2023

Central bank tests spur global instant payment hopes

A year of tests run by central banks in Italy, Malaysia and Singapore have spurred hopes for a global instant payments network accessible at the tap of a mobile phone. ( read original story ...)

Posted on 23/03/2023

Singapore fintech wins Asia’s largest fund raise since US bank’s collapse

It shows some start-ups are still finding capital even as the venture industry grapples with rising interest rates, elevated inflation and a tech downturn. Read more at straitstimes.com. ( read original story ...)

Posted on 22/03/2023

Home-grown property platform Ohmyhome first S’pore firm to list in US this year

Singapore online property solutions company Ohmyhome has become the first Singapore company to list on Wall Street this year. It priced its Nasdaq initial public offering at US$4 per share, raising ... ( read original story ...)

Posted on 22/03/2023

Singapore police: Rental scams resurface, 305 victims lost S$1.7 million from January to sham property agents

At least 305 people have fallen victim since January to scams when trying to rent a place from people pretending to be property agents, losing ... ( read original story ...)

Posted on 22/03/2023

5 Singapore REITs That May Comfortably Weather Higher Interest Rates in 2023

Net property income (NPI) rose 14.9% year on year to €48.8 ... Paragon REIT was formerly known as “SPH REIT” and owns a portfolio of five retail properties in Singapore and Australia. The REIT ... ( read original story ...)

Posted on 22/03/2023

Rental scams resurface, 305 victims lost S$1.7 million from January to sham property agents: Police

At least 305 people have fallen victim since January to scams when trying to rent a place from people pretending to be property agents, losing at least S$1.7 million in the process. ( read original story ...)

Posted on 21/03/2023

At least $1.7 million lost to scammers impersonating property agents since January

SINGAPORE - At least 305 people have lost about $1.7 million since January to scammers who pretend to be property agents, said the police in an advisory on Tuesday. These scammers put up online ... ( read original story ...)

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