Tag: mortgage

The Association of Banks in Singapore published a proposal on 4 December to improve the way it calculates SIBOR. SIBOR stands for Singapore Interbank Offered Rate, and is simply an interest rate that banks in Singapore charge to one another. While that may ... ( read original story ...)

Paredes also said DBS Bank hopes to double the premium of its general insurance business in three years after entering into a 15-year regional general insurance distribution partnership agreement with Chubb in Hong Kong, Singapore, China and Taiwan. ( read original story ...)

Analysts believe the four-year slump that has plagued Singapore’s property market may have come to an end as private home prices rose for a second consecutive quarter in the period ended-31 December. In fact, analysts at Credit Suisse expect home prices ... ( read original story ...)

Think of it as applying and getting a home loan a second time around – besides qualifying, you also need to pay conveyancing fees again. That means forking out between $2,000 to $3,000 to a law firm, to settle the paperwork. (You can try looking for a ... ( read original story ...)

Investment volumes to remain strong for Singapore, while home prices are forecast to rise. The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific ... ( read original story ...)

SINGAPORE - Singapore's housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. After hitting a record peak in the third quarter of 2013, a string of government ... ( read original story ...)

The Monetary Authority of Singapore (MAS) placed more scrutiny on the way banks are funding property development projects, by gathering more data from them via a new survey sent out last month, reported The Business Times. The move comes as developers made ... ( read original story ...)

A DBS spokesman told BT: "DBS remains vigilant to any signs of market weakness in the property market and we continue to exercise prudence when underwriting new loans." The group-level balance sheets of most Singapore-listed local developers have not shown ... ( read original story ...)

(Jan 10): Credit Suisse Group AG and Morgan Stanley are calling the end of Singapore’s property downturn, after a second consecutive quarterly increase in private residential prices. Home prices may rise as much as 10 percent this year, according to ... ( read original story ...)

Analysts believe that 2018 will be the turnaround year for the Singapore property market. After 3 years of falling prices, analysts now forecast growth of between 3% and 15% for 2018. According to Alan Cheong, Savills Singapore’s senior director ... ( read original story ...)

SINGAPORE/HANOI (Reuters) - A fugitive Vietnamese property tycoon who is accused of spilling state secrets was arrested in Hanoi on Thursday after Singapore deported him, despite appeals that his life could be in danger in Vietnam. Phan Van Anh Vu ... ( read original story ...)

It can be useful to have a quick summary of what happened in the economy and markets in the week before. Here are some of the important developments and data that emerged last week. Analysts believe that 2018 will be the turnaround year for the Singapore ... ( read original story ...)

SINGAPORE (The Straits Times/ANN) - After three years of falling prices, 2018 is looking like the year that the Singapore property market's long-awaited turnaround finally gains traction. Analysts reckon that a trough has been reached though they are ... ( read original story ...)

There are now 28,571 registered property agents in Singapore. The number of registered property agents in Singapore rose slightly to 28,571 as at 1 January 2018, up from 28,397 during the same period last year, according to data released by the Council for ... ( read original story ...)

Market watchers, however, believe this is unlikely to happen in 2018. Savills Singapore senior director Alan Cheong said the length of private property price uptrends in Singapore historically averages 17.6 quarters. “If this forms the base case for this ... ( read original story ...)

Singapore’s economic growth slowed in the fourth quarter as factories lost steam, but a services sector recovery has bolstered expectations the central bank could tighten monetary policy as early as April, sending the local currency higher. The economy ... ( read original story ...)