The credit slowdown threatens to further accelerate the decline in residential prices, which fell for the first time in six quarters in the final three months of last year. SEE ALSO: Automation: The l... ( read original story ...)
Mortgage demand slumps in ‘unaffordable’ Singapore
People walk past an outlet of United Overseas Bank during lunch hour in Singapore on Feb 9, 2012. Source: AFP SINGAPOREAN banks are seeing a drop in mortgage demands from the onset of the ... ( read original story ...)
Singapore seeing unprecedented mortgage slowdown
"I expect the overall property market outlook to be weaker in 2019," Mr Foo said. "Insecurity and bearish sentiment will result in potential buyers holding back purchases and adopting a wait-and-see a... ( read original story ...)
Singapore Is Seeing an Unprecedented Mortgage Slowdown
Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore’s banks, potentially further dragging down the city’s housing market. Home-loan growth ... ( read original story ...)
Singapore housing prices more affordable than other major cities: Survey
If you are concerned about the Singapore housing prices and are ensure of funds availability for purchase, our mortgage consultants at iCompareLoan can set you up on a path that can get you a home loa... ( read original story ...)
Singapore developers pessimistic and cautious over property market in 2019
Tight competition, a limited pool of contractors and excess supply from en bloc sales are weighing on their expectations. Developers in Singapore remain largely pessimistic over their expectations for ... ( read original story ...)
Singapore Home Loans: What does the Bank Jargon Mean?
FHR refers to Fixed Deposit Home Rate. This is a form of Internal Board Rate (IBR), in which home loan interest rates are pegged to the bank’s Fixed Deposit rates. It is one of the more popular floati... ( read original story ...)
Commentary: Who’s buying private property after last year’s cooling measures?
SINGAPORE: Since the last property cooling measures rolled out in July 2018, market sentiments have remained subdued. The new measures have led to higher acquisition costs for buyers and curbed their ... ( read original story ...)
5 Things You Must Know About Singapore Property in 2019
Last year was a bizarre, and exciting, year for the property market. It’s amazing how quickly the market went from euphoric to paranoid, after a bout of cooling measures. Given the big changes we saw, ... ( read original story ...)
Manulife puts Singapore real-estate IPO on hold
The $420 million IPO of a real estate investment trust in Singapore has been put on hold by Canadian bank and mortgage lender Manulife Financial due to weakness in global markets. As Asian stocks fell ... ( read original story ...)
City Developments: Only Singapore property group listed on Gender-Equality Index for two years running
Singapore property giant City Developments Ltd (CDL) has been selected for the 2019 Bloomberg Gender-Equality Index (GEI). It was selected in recognition of its commitment to transparency in gender re... ( read original story ...)
Singapore home prices expected to show moderate 2% growth in 2019: Fitch
SINGAPORE (Jan 16): Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020, according to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report. Last Jul... ( read original story ...)
Property agents’ track records go online: here’s what to look for
You should take note of where a property agent closes deals. We know that size wise, Singapore’s the geographic equivalent of a pimple on an elephant’s back; but agents still need hyper-local knowledg... ( read original story ...)
Singapore shares are ‘cheap’ and ‘attractive’ — and major wealth managers say it’s time to buy
In 2019, Singapore's stock market could deliver attractive returns to investors, according to major investors such as UBS Global Wealth Management and Citi Private Bank. "It's very attractive and that ... ( read original story ...)
Singapore: Power bank explodes in man’s pocket, taken to hospital for burns
A middle-aged man was taken to the hospital on Friday after a power bank exploded in his trousers' pocket that caused burns on his body. As per the Singapore Civil Defence Force (SCDF), they reach the ... ( read original story ...)
Singapore’s CapitaLand in $8 bn deal creating Asia property giant
Singapore's CapitaLand said Monday it has agreed to buy two real estate holding firms in a Sg$11 billion ($8.1 billion) deal that will create Asia's biggest property group with assets in dozens of cou... ( read original story ...)