Tag: mortgage

Real estate investment sales in Singapore is expected to grow 15 percent year-on-year to $46 billion in 2018, and climb a further 5.0 to 10 percent in 2019, according to a Colliers International report. In the first quarter of 2018, total property ... ( read original story ...)

The jigsaw puzzle that is the Singaporean real estate market can be divided up, labeled, categorized, and sliced into various forms and types of housing types – or, dwellings. To make sense of it all we have created a kind of comprehensive – overview ... ( read original story ...)

Picture Big Data and that fancy 2-bedroom condominium you are eyeing in Pasir Panjang. That’s not something you would typically see in the same sentence, much less imagine it. But, Steven Tan, Managing Director of OrangeTee has made it his mission to put ... ( read original story ...)

There has been a very intense discussion around what is going to happen when 99-year lease of HDB units in Singapore expire. While some officials have been hinting that lease willl indeed expire and homeowners may have to return their properties back to ... ( read original story ...)

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 ...)