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Tag: mortgage

Posted on 11/01/2022

Commentary: Singapore uses digital vouchers so why are people still resistant to e-hongbaos?

Let’s factor in sustainability when it comes to festive e-gifting. Tradition and technology can go hand in hand, say NUS Business School’s Lawrence Loh and Yvonne Yock. ( read original story ...)

Posted on 11/01/2022

Singapore wealth platform buys UK digital bank for £25m

The deal will see iFast purchase an 85% stake in the UK digital bank for £25m ($33m, €29m) – £22.6m to fund the acquisition and £2.4m to offset relevant transaction costs. The Singapore wealth ... ( read original story ...)

Posted on 10/01/2022

Renting in Singapore (2022): 3 Upcoming Trends for the HDB and Private Rental Market

Renting in Singapore is getting increasingly expensive despite COVID-19. In Nov 2021, monthly condo and HDB rental prices were 10% and 9.2% higher year-on-year respectively. Will these trends continue ... ( read original story ...)

Posted on 10/01/2022

Plant that’s new to science is one of nine nature finds in Singapore

Chuan's eyes are drawn not to the colourful birds and flowers that abound but to any green patches on the ground. . Read more at straitstimes.com. ( read original story ...)

Posted on 09/01/2022

More people couldn’t fully repay CPF after selling property in 2020, but none required to top up in cash

This is because the vast majority sold their property at market value, the CPF Board said.  . Read more at straitstimes.com. ( read original story ...)

Posted on 09/01/2022

Woman held for fraudulent possession of property; 28 assisting in probe for breaching Covid-19 rules

SINGAPORE - A 37-year-old woman was arrested for fraudulent possession of property, the police said on Sunday (Jan 9). Separately, 28 individuals, aged between 23 and 72, are also assisting with ... ( read original story ...)

Posted on 07/01/2022

Bank supervisor stole $628,000 from branch in bid to borrow $25,000 from fake moneylender 25X the sum she hoped to borrow

A woman worked for a bank for nearly 20 years and rose to the rnk of supervisor at PT Bank Negara Indonesia (BNI), earning $4,200 a month.   But then she got into debt and her debt pit just kept ... ( read original story ...)

Posted on 07/01/2022

In SIngapore, a high price to pay for some unvaccinated workers, ahead of new rule

Barely a day after the Government announced late last month that unvaccinated employees will be barred from their workplaces from Jan 15 even with a negative Covid-19 test result, Syuk was informed by ... ( read original story ...)

Posted on 06/01/2022

Types of Properties A Foreigner Can Buy In Singapore (According To The Residential Property Act)

PRs, are restricted in their residential property purchases The post Types of Properties A Foreigner Can Buy In Singapore (According To The Residential Property Act) appeared first on . ( read original story ...)

Posted on 05/01/2022

Jail for ex-bank employee who was targeted by scammers and misappropriated over $600k

The scammers asked her to pay more “fees” if she wanted her loan application to be approved.   . Read more at straitstimes.com. ( read original story ...)

Posted on 05/01/2022

Total Debt Servicing Ratio (TDSR) and Mortgage Servicing Ratio (MSR): How Much You Can Borrow When Buying An HDB Flat

While measures such as restrictions on loan tenure and Loan-To-Value (LTV) limits do affect affordability, the two major measures that affect how much we can borrow to finance a mortgage are the. Read ... ( read original story ...)

Posted on 05/01/2022

Tencent to cut stake in Singapore tech group Sea

Chinese gaming and social media company Tencent has announced it will cut its stake in Singapore-based gaming and e-commerce firm Sea. ( read original story ...)

Posted on 04/01/2022

Dental assistant jailed for embezzling S$158,000 from clinic, bought property in Malaysia

SINGAPORE: Over more than two years, a dental assistant pocketed about S$158,400 from patients and used part of it to buy property in Malaysia. When she was caught, she pleaded with the dentist for a ... ( read original story ...)

Posted on 03/01/2022

Singapore Home Prices Surge to Highest in More Than a Decade

That’s the highest quarterly growth since the second quarter of 2010 when prices jumped 5.3%. For 2021, prices increased by 10.6%, also the highest since 2010. Singapore’s price spike underpins the ... ( read original story ...)

Posted on 03/01/2022

Singapore private home prices jumped 10.6% in 2021: URA flash estimates

SINGAPORE: Private home prices in Singapore jumped 10.6 per cent in 2021, quickening from a 2.2 per cent increase the year before, according to flash estimates from the Urban Redevelopment Authority ... ( read original story ...)

Posted on 03/01/2022

Shrinking private housing supply, swelling rental demand: Property trends to watch in 2022

SINGAPORE: Private and public housing markets saw a buoyant year in 2021, with prices reaching new peaks and annual sales hitting their highest in several years. But the abrupt roll-out of cooling m ... ( read original story ...)

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