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Tag: mortgage

Posted on 09/07/2021

Singapore Property Dynasty Faces Climb After China Debacle

For Singapore’s richest property family, the turnaround of City Developments Ltd. is just beginning.A bungled Chinese investment has saddled the property developer with a $1.3 billion writedown, ... ( read original story ...)

Posted on 09/07/2021

Singapore property market not overheated, but prices closely watched: MAS

The Monetary Authority of Singapore (MAS) said it would remain vigilant to rising home prices even though the property market was not "overheated". ( read original story ...)

Posted on 08/07/2021

Rising property prices a key driver in wealth inequality, ills of ‘hereditary meritocracy’ exist, says head of Singapore central bank

A key driver in worsening wealth inequality in many parts of the world is the rising price of property and it is a worrying trend, the head of Singapore’s central bank said. Ravi Menon, managing ... ( read original story ...)

Posted on 08/07/2021

Canadian Bank Robber Jailed by Singapore for 5 Years Avoids Caning

A court in Singapore on Wednesday sentenced a Canadian man to five years in jail for robbing a bank in 2016, but he will not receive an additional sentence of six strokes of a cane due to the terms of ... ( read original story ...)

Posted on 07/07/2021

Singapore Billionaire Kwek Family Property Dynasty Is Challenged in China

Chongqing Sincere Yuanchuang Industrial Co., a cash-strapped Chinese developer owned by Singapore’s richest property family, may undergo a court-led restructuring after a bankruptcy application was ... ( read original story ...)

Posted on 07/07/2021

To Rent A Room or Studio Apartment in Singapore: 5 Factors to Help You Decide

To rent a room or studio apartment? That is the question. Renting in Singapore is gaining popularity among locals. Here are 5 factors to consider when deciding to rent a shoebox apartment or room in a ... ( read original story ...)

Posted on 06/07/2021

MOVES-Barclays nabs UBS banker Tan to lead Singapore private bank

ZURICH, July 6 (Reuters) - Barclays has appointed Evonne Tan, the head of private banking for UBS in Singapore, the British bank said on Tuesday, as it seeks to build upon its corporate and investment ... ( read original story ...)

Posted on 06/07/2021

Circuit Breaker 2020 vs Phase 2 Heightened Alert 2021: How Did the Singapore Property Market React?

The Government implemented Phase 2 (Heightened Alert) from 16 May to 13 June 2021. Although it did not completely halt property transactions (like the Circuit Breaker in 2020), it did somewhat dampen ... ( read original story ...)

Posted on 05/07/2021

New Condo Launch 2021 in Singapore: 5 Condo and EC Projects We’d Love to Live in

From this new condo launch in 2021 list, we asked our colleagues on the PropertyGuru team which condo and Executive Condominium (EC) projects they'd love to live in if money was no object. ( read original story ...)

Posted on 05/07/2021

10 Types Of Property Cooling Measures That Singapore Government May Introduce (Based On Past Track Record)

Property prices have continued their rise even through the recent heightened alert measures. Resale HDB prices in the first quarter of 2021 increased 4.1% from the previous quarter and have risen 10.7 ... ( read original story ...)

Posted on 05/07/2021

‘Fair wear and tear’ disputes over rental property: What can tenants and landlords do?

SINGAPORE: After seven years in Singapore, Ms Ngo was excited to take on new opportunities in Canada, along with her husband and baby.  But ... ( read original story ...)

Posted on 04/07/2021

Singapore Retail Banking Market Report- Growth Opportunities,Top Companies, Regional Forecast

Singapore Retail Banking Market report identifies macroeconomic and competitive dynamics that impact upon Singapore Retail Banking Market. The retail deposits market in Singapore reported robust ... ( read original story ...)

Posted on 04/07/2021

Singapore: How to keep the peace at home with young and old during the Covid-19 pandemic

Property agent Celine Ng, 40, lives in an executive government-built flat with her husband, four children aged two to 15, her parents and a domestic worker. With nine people – and a pet cat – riding ... ( read original story ...)

Posted on 04/07/2021

Singapore to Conduct Bank Stress Tests to Assess Dividend Curbs

Singapore’s financial regulator is carrying out additional stress tests on banks to assess whether the current restrictions on dividends need to be extended. ( read original story ...)

Posted on 02/07/2021

Ex-property agent caught on video allegedly making racist remarks on MRT train offered $5k bail

Tan Beow Hiong, 57, was remanded at the Institute of Mental Health (IMH) for psychiatric observation.. Read more at straitstimes.com. ( read original story ...)

Posted on 02/07/2021

Singapore CEO, 28, Spends $38 Million In A Week On 2 Luxury Homes

The 28-year-old co-founder of Secretlab, a Singapore-based maker of ergonomic chairs for gamers, shelled out S$51 million ($38 million) in just a week on two luxury properties in the city-state. ( read original story ...)

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