PropNex further strengthens its position as Singapore’s largest listed real estate agency with over 7,500 salespersons. Global Alliance Property (GAP), which operates under the Century 21 franchise, h... ( read original story ...)
How Singapore Budget 2019 Could Impact Property and Home Ownership
The DRC, which measures to the total number of foreign to local employees in a workforce, will be reduced. It will fall from 40 per cent to 38 per cent from 1st January 2020, and then fall to 35 per c... ( read original story ...)
Singapore Home Prices Not Set for ‘Big Bump,’ CapitaLand Says
Singapore home prices are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the city-state’s largest developer said. “If we see a ... ( read original story ...)
Singapore Property Not Set for `Big Bump,’ CapitaLand Says
Singapore home prices are unlikely to stage a rapid rebound after the government imposed further property curbs in mid-2018, the finance chief of the city-state’s largest developer said. “If we see a ... ( read original story ...)
DBS Bank misses mortgage growth forecast for 2018
Nonetheless, its market share of Singapore residential mortgages remained at 31 percent. For the entirety of 2019, the lender thinks than its housing loan business would grow by approximately $1.5 bil... ( read original story ...)
Southeast Asia’s largest bank quarterly profit rose 8 percent, helped by higher interest rates
DBS kicked off the reporting season for Singapore banks, with smaller peers Oversea-Chinese Banking Corp and United Overseas Bank reporting results on Friday. CEO Piyush Gupta said in a statement that ... ( read original story ...)
Singapore Plans Cautious Budget Ahead of Election
“Expectations for a spending spree are high on past surpluses, likely elections and downside economic risks,” Mohamed Faiz Nagutha, an economist at Bank of America Merrill Lynch in Singapore, said bef... ( read original story ...)
Bank of Singapore ties up with Edelweiss Group to capitalise on India’s wealth
Bank of Singapore has tied up with India’s largest financial service provider Edelweiss Group to allow clients of both entities to access their respective platforms- Bank of Singapore’s wide range of ... ( read original story ...)
Nearly one-third of Singapore property investors keen to venture overseas
A growing number of property investors in Singapore are turning their attention abroad. Of the 803 respondents to the 2019 EdgeProp-Knight Frank Homebuyers’ Sentiment Survey, 29.4% said they would be ... ( read original story ...)
Property wishlist for Budget 2019
Property market watchers are looking forward to Singapore’s 2019 Budget, which is set to be delivered by Finance Minister Heng Swee Keat on Monday (18 Feb). In last year’s budget, the government intro... ( read original story ...)
Author: Singapore Property Blog
In this week’s issue: Unbiased New Launch Review – Stirling Residences Resale Property Transactions (January 25 – February 1) Happy reading! To wisdom and beyond Singapore Property Weekly I… by on Scr... ( read original story ...)
DBS hires Citibank Singapore CEO to head group strategy
Mr Han had spent 27 years with the US bank, leading businesses in consumer banking, corporate banking and transaction banking. SEE ALSO: Singapore banks likely to post record earnings for full year 20... ( read original story ...)
London Banker Sues Singapore Lender for Race Discrimination
A former official at United Overseas Bank Ltd.’s London branch is suing for unfair dismissal after saying he was denied a new job because he isn’t Asian. Daniel Smith, who worked at Singapore’s third- ... ( read original story ...)
This research house has an unbearish view of local residential property market
SINGAPORE (Feb 11): Jefferies expects Singapore’s non-landed private residential price index to stay flat this year given rents are expected to improve about 2%, the supply pipeline is half of what th... ( read original story ...)
SIBOR Is Back & 2019 Is The Year To Pick Floating Rate Mortgages
The SIBOR recovery is no surprise – mortgage rates in Singapore have been steadily increasing in the past year. A few months ago, we even talked about how the fixed rates were sluggish to catch up to ... ( read original story ...)
At What Income Level are you “Priced Out” of Singapore Property?
With home prices rising faster than income levels, some young Singaporeans wonder if they’ll even be able to afford a small BTO flat. We have good news: it’s much harder to be “priced out” of Singapor... ( read original story ...)