Singapore can absorb record inflows of new money, the central bank chief said, allaying concerns of a real estate bubble even as rents and prices surge to unprecedented highs. ( read original story ...)
UPI transfer service to start soon between India and Singapore, know details
The UPI service is scheduled to launch soon. The Reserve Bank of India and the Monetary Authority of Singapore are trying to make it possible. ( read original story ...)
Is Singapore Property Market Slowing Down?
You might want to consider alternative arrangements to buying property while deciding if now is the right time for you to buy a home. ( read original story ...)
About 3% of HDB flat owners own at least 1 private property: Desmond Lee
Around 45 per cent of HDB flat owners who own at least one private residential property are not living in their flats and have rented out their whole unit. ( read original story ...)
Singapore’s property market cools as public home sales plunge
SINGAPORE: Singapore’s housing market is flashing early signs of cooling as recent property curbs weigh on buyer demand. Resales of apartments owned by the – Singapore’s public housing authority – ... ( read original story ...)
‘It’s not an ideal situation’: Young couples delay housing plans after property cooling measures
A tightened loan-to-value limit for HDB loans means buyers have to provide a larger down payment. Read more at straitstimes.com. ( read original story ...)
Singapore Central Bank Proposes Stablecoin Rules to Rein In Crypto Sector
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets. ( read original story ...)
Former property agent charged with handling HDB rental payments on landlord’s behalf
SINGAPORE: A former property agent was charged in court on Wednesday (Oct 26) with handling rental payments on behalf of a landlord. Koh Hong Kim, 43, was given six charges of breaching Estate Agents ... ( read original story ...)
Singapore home affordability to get worse for first-time buyers
Singapore’s housing affordability will deteriorate further in the coming year, due to the double whammy of rising prices and interest rates, according to Moody’s. ( read original story ...)
Singapore home affordability to get worse for first-time buyers: Moody’s
While home values from the US to New Zealand are declining, Singapore’s private property prices jumped 13.2% y-o-y in the 3Q. Singapore’s housing affordability will deteriorate further in the coming ... ( read original story ...)
Singapore High Court Rules NFTs Can Be Considered Property
The court case in Singapore regarding the sale of a Bored Ape Yacht Club NFT has gone all the way to the highest court in the country. On Friday, Justice Lee Seiu Kin confirmed the status of NFTs as ... ( read original story ...)
Nomura Singapore offloads 1.5% stake in this underperforming private sector lender
The deal was executed at an average traded price of Rs 232.30 per share, at a marginal discount compared to the previous days closing price of Rs 233.85 ... ( read original story ...)
Singapore home affordability to get even worse, Moody’s says
Singapore's housing affordability will deteriorate further in the coming year, due to the double whammy of rising prices and interest rates, according to Moody's Investors Service.First-time private ... ( read original story ...)
Singapore’s core inflation gathers speed to fresh 14-year high
SINGAPORE: An inflation measure monitored by Singapore’s central bank accelerated for a seventh straight month in September to a near 14-year high, giving policymakers scope to maintain their ... ( read original story ...)
Singapore High Court Judge Recognizes NFTs As Property
Justice Lee Seiu Kin stated that digital assets are distinguishable from each other and, as a result, can be considered property. ( read original story ...)
NFTs can be considered property, Singapore High Court rules
NFTs could be considered as property as they fulfilled certain legal requirements, Justice Lee Seiu Kin said in his grounds of decision. Read more at straitstimes.com. ( read original story ...)