Tag: mortgage

The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites ... ( read original story ...)

Last month, the estate was sold in a S$980 million collective deal to entities controlled by Singapore property tycoon Kwek Leng Beng and his Malaysian billionaire cousin Quek Leng Chan. It was the largest en bloc sale here in more than a decade and the ... ( read original story ...)

Your home is probably the most expensive thing you’ve ever bought. And you might be spending a sizeable chunk of your life repaying your home loan. A lot can happen in the years or even decades before your home loan gets paid off. If something happens ... ( read original story ...)

Singapore’s central bank sees “steady growth amid rising uncertainty,” holding onto projections for robust domestic and global demand in 2018 and betting that trade tensions won’t spoil the party. The global economy will expand 4.5 percent this ... ( read original story ...)

SINGAPORE, April 27 (Reuters) - Singapore’s central bank said on Friday that escalating trade tensions between the U.S. and China pose a risk to the city-state’s economy and were part of the reason behind its “measured adjustment” to monetary ... ( read original story ...)

Before you take the big step of buying a second property however, make sure you’re ready: For Singapore citizens, the Additional Buyers Stamp Duty (ABSD) applies when purchasing any property beyond your first. This is currently seven per cent of the ... ( read original story ...)

Singapore’s property market has seen a decline for nearly four years, but this was followed by a recent upturn in property prices and transactions. In fact, analysts from Morgan Stanley have predicted that property prices could rise by 5.0 to 6.0 percent ... ( read original story ...)

In March this year, the Singapore government reduced stamp duty imposed on sellers and some mortgage restrictions. That helped stoke optimism that the country’s property market is rebounding, with home sales jumping and developers showing more aggression ... ( read original story ...)

OCBC Bank has launched artificial intelligence (AI) powered voice banking in collaboration with Google, following the launch of Google Home and Google Home Mini in Singapore. Consumers will be able to speak to the Google Assistant on a smartphone or a ... ( read original story ...)

The loan-to-value ratio (LTV) (as measured as mortgage loan balances divided by residential property values), which is a statistic that illustrates the degree of leverage in the housing market, has increased in recent years to levels seen before the 1998 ... ( read original story ...)

Singapore’s central bank tightened monetary policy on Friday, changing its stance for the first time in two years amid solid economic growth prospects for 2018. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool ... ( read original story ...)

Singapore’s home loan interest rates are expected to be impacted by the Monetary Authority of Singapore’s (MAS) tightening of the Singapore Dollar (SGD) exchange rate. MASho announced a measured change to policy today, allowing its currency to ... ( read original story ...)

Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank is ... ( read original story ...)

Following the success of its very first stand-alone gala dinner last November, the PropertyGuru Asia Property Awards (Singapore), presented in 2018 by Kohler and supported by PropertyGuru.com.sg, Singapore’s No.1 property site, returns for its eighth ... ( read original story ...)

Last year’s Awards saw GuocoLand named as top local developer. Nominations are now open for the 2018 PropertyGuru Asia Property Awards (Singapore), which will see close to 30 awards given out to the city-state’s top developers. New awards will be ... ( read original story ...)

Singapore’s central bank is one step closer to tightening monetary policy this week. A majority of economists surveyed by Bloomberg predict policy makers will look past the latest trade skirmishes between the world’s two largest economies and assess ... ( read original story ...)