Tag: mortgage

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 ...)

Singapore: 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. ( read original story ...)

Phan Van Anh Vu, 42, a property developer and former secret service officer who media say is wanted in Vietnam for revealing state secrets, was detained in Singapore on Thursday as he tried to leave for Malaysia. Remy Choo, one of at least three lawyers ... ( read original story ...)

SINGAPORE - A Vietnamese property magnate, who is wanted in Vietnam for allegedly disclosing state secrets, has been detained in Singapore, said a lawyer appointed to represent him here. Mr Phan Van Anh Vu, 42, is said to have entered Singapore on Dec 21 ... ( read original story ...)

SINGAPORE/BERLIN (Reuters ... Vu's lawyer in Germany said that he was a senior officer in Vietnam's secret police as well as a property developer. His case adds a new international dimension to a Vietnamese corruption crackdown that has brought the ... ( read original story ...)

Sales of big-ticket property transactions of S$10 million and above in 2017 surged to their highest level in a decade. This, however, was short of the record achieved in 2007. According to Savills Singapore's preliminary tally as at Dec 27, investment ... ( read original story ...)