The measures, which include higher additional buyer's stamp duty (ABSD) rates and tighter loan-to-value (LTV) limits, reduce the risk of a property price bubble, future price shocks and losses from mo... ( read original story ...)
Singapore’s Temasek expands portfolio, but says it may slow down investments as global risks grow
In the past year, a number of companies that Temasek has a stake in have experienced surges in their share prices. Singapore’s DBS Bank saw shares jumped 42 percent, while in Hong Kong, China Construc... ( read original story ...)
Singapore’s Temasek reports record $235 bn portfolio
Temasek has since 2011 increased its investment focus on technology, life sciences, agribusiness, non-bank financial services and consumer sectors Singapore investment giant Temasek Holdings said Tues... ( read original story ...)
Liechtenstein Bank Eyes Asia After Stemming Tax-Related Outflows
VP Bank has been adding headcount in Singapore and Hong Kong, and is eyeing partnerships with a view to gaining more wealthy Chinese clients, according to Chief Executive Officer Alfred W. Moeckli. “W... ( read original story ...)
Three Charts That Help Explain Singapore’s New Property Curbs
Singapore imposed cooling measures on its property market last week, in a bid to contain what the central bank described as ‘euphoria’ in the sector. Here are three charts showing some of the factors ... ( read original story ...)
Is There Value In Singapore-Listed Banks After Falling More Than 10%?
In Singapore, the three major listed banks are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). Since their respective ... ( read original story ...)
Singapore, World Bank ink MOU to promote sustainable urban development
SINGAPORE, July 9 (Xinhua) -- The Singapore Land Authority (SLA) and the World Bank inked a Memorandum of Understanding (MOU) on the sidelines of the World Cities Summit 2018 on Monday, to promote the ... ( read original story ...)
No rationale for new property cooling measures, says REDAS
The Real Estate Developers’ Association of Singapore (REDAS) sees no rationale in imposing new property cooling measures considering that the Singapore property market is still in the “early stages of ... ( read original story ...)
Singapore raises ABSD rates and tightens home loan limits
The measures were imposed over rising prices and demand. The Singapore government will raise Additional Buyer's Stamp Duty (ABSD) rates and tighten Loan-to-Value (LTV) limits on home purchases as a wa... ( read original story ...)
New property cooling measures in Singapore: a cause and effect analysis
The first week of July 2018 was a rollercoaster ride for the Singapore property market. First, on Monday, the Urban Redevelopment Authority (URA) released 2Q 2018 flash estimates that indicated a stro... ( read original story ...)
Singapore Property Stocks Tank on Fresh Government Blow
SINGAPORE—Shares of Singapore’s real-estate developers plunged and major banks fell sharply Friday after the government unexpectedly announced fresh clamps on private residential property. The governm... ( read original story ...)
Singapore Developer Stocks Fall After Surprise Property Curbs
Singapore property and bank stocks led declines on the benchmark stock index Friday after the government unexpectedly tightened property curbs to cool a market the central bank described as euphoric. ... ( read original story ...)
Singapore Developer Stocks May Fall on Surprise Property Curbs
Singapore property stocks are set for knee-jerk declines Friday after the government unexpectedly tightened property curbs to cool a market the central bank described as euphoric. The announcement lat... ( read original story ...)
Property market euphoria calls for caution, Singapore central bank chief
Developers, banks and home buyers should be cautious about the property market euphoria said Ravi Menon. Mr Menon who is the Managing Director of Monetary Authority of Singapore (which is Singapore’s ... ( read original story ...)
How mortgages have a critical impact on presidential elections
The study, “Mortgage Market Credit Conditions and U.S. Presidential Elections,” by Columbia professor Charles W. Calomiris, co-written with Adonis Antoniades of the National University of Singapore, includes a county-by-county analysis of the 2008 ... ( read original story ...)
The Best Fixed Deposit Accounts in Singapore
Today, every bank in Singapore is competing for your dollar with high interest savings accounts, so it’s actually possible to earn 2% or 3% p.a. on your savings. What a time to be alive!Does that mean the era of fixed deposits is over? Well, don’t ... ( read original story ...)