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Tag: mortgage

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 ...)

Posted on 03/01/2022

Singapore’s newest property cooling measures “unexpected”: JLL

Analysts expected cooling measures to occur after much higher price increases. Singapore’s Ministry of National Development recently announced several cooling measures for the property market. These ... ( read original story ...)

Posted on 01/01/2022

Singapore and China Expand Financial Cooperation through New Initiatives

The Monetary Authority of Singapore (MAS) today announced new initiatives to expand and strengthen financial cooperation between Singapore and China, particularly in capital markets and green finance. ( read original story ...)

Posted on 01/01/2022

2021 Year-End Review Of The Singapore Property Market: Key Numbers And Trends

It’s the first full year of dealing with the pandemic, and it’s crazy to think how we’ve been living with Covid-19 for nearly two years already. There’s great hope ... ( read original story ...)

Posted on 31/12/2021

Ayala eyes stake in Singapore, Myanmar firms for $237.5M

Ayala Corp. announced on Friday its plan to acquire a 20% share in Singapore-based Yoma Strategic Holdings Inc. (YSH) and a 20% stake in First Myanmar Investment Public Co. Ltd. (FMI). The total ... ( read original story ...)

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