SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 47.2 percent in March from a year earlier, government data showed on Monday. Data compiled by the Urban Redevelopment ... ( read original story ...)
Property Jargon of the Day: QC
It applies in all parts of Singapore except Sentosa Cove. The QC is a scheme imposed on foreign property developers. Under the QC, foreign developers need to meet two requirements: Any property ... ( read original story ...)
Singapore property market to benefit from Brexit
This comes as the prospect of Brexit has cast a negative impact on the London property market’s status as a safe haven investment for overseas buyers. A turning point in the United Kingdom’s history, ... ( read original story ...)
Singapore housing market ranked 2nd most expensive in the world
The Singapore housing market ranked second among the most expensive residential property markets worldwide, while Hong Kong maintains its top position, according to research released today by CBRE. ... ( read original story ...)
Singapore still the second priciest housing market in the world
Despite the introduction of cooling measures meant to rein in the growth of property prices, Singapore still ranks as the second most expensive housing market in the world with average property prices ... ( read original story ...)
Singapore the 2nd-most expensive city to buy a house in 2018: CBRE
The report, which compared investment residential properties across 35 global cities, ranked Hong Kong as the world’s most expensive city in which to buy a house, with the average property price there ... ( read original story ...)
Property Jargon of the Day: Freehold / Leasehold
Freehold properties can be held indefinitely. In Singapore, properties can be freehold or on a 99-year lease. Public housing (HDB flats) are always 99-year leases. Private property, however, can be ... ( read original story ...)
Singapore is second priciest city for private property: CBRE
SINGAPORE remains the world's second most expensive housing market after Hong Kong, according to an annual CBRE report which compares private residential property markets across 35 cities. But average ... ( read original story ...)
Singapore Central Bank Keeps Policy Settings as Growth Slows
(Bloomberg) -- Singapore’s central bank kept its monetary policy settings unchanged on Friday, striking a dovish tone as economic growth slows and inflation stays low. After tightening policy twice ... ( read original story ...)
Jet Airways suspends Singapore flights; airline’s fleet now down to 14 aircraft
Jet Airways’ former chairman today said that he has announced a 26% stake in the airline as security for Punjab National Bank loans, per regulatory filing. Debt-ridden Jet Airways has slipped into ... ( read original story ...)
Frasers Property kept at ‘buy’ by DBS with higher $2.30 target on PGIM stake purchase
SINGAPORE (Apr 11): Frasers Property Limited is set to become the second largest owner of retail properties in Singapore. This comes after Frasers Property and Frasers Centrepoint Trust jointly ... ( read original story ...)
Property Jargon of the Day: Rental Yield
The net rental yield is hence ($28,000 / $1.2 million) x 100 = 2.3 per cent The typical rental yield for a residential property in Singapore – as of 2019 – is between two to three per cent. Most ... ( read original story ...)
Singapore based proptech start-ups accused of plying trade illegally in M’sia
... broker can set you up on a path that can get you a home loan in a quick and seamless manner. Our brokers have close links with the best lenders in town and can help you compare Singapore home ... ( read original story ...)
Ahead of demolition, residents turn Pearl Bank into a rubbish dump (PHOTOS)
The end of anything is rarely pretty, but Singapore’s iconic Pearl Bank Apartments definitely isn’t getting much of a swan song on its way out. Just three weeks before residents of the building are to ... ( read original story ...)
Two Singapore REITs to merge in quest for more investors
SINGAPORE (Nikkei Markets) -- Two Singapore-listed property trusts have announced merger plans in hopes of attracting a greater following among institutional investors by increasing their size and ... ( read original story ...)
Property Jargon of the Day: BSD
The BSD applies regardless of your nationality, or number of properties owned The BSD is a stamp duty levied on every home buyer in Singapore. This applies regardless of whether you’re buying public ... ( read original story ...)