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Tag: mortgage

Posted on 24/11/2018

Singapore Home Prices Moderated After Curbs, Central Bank Says

Singapore’s recent property market cooling measures have moderated the pace of home-price rises and subdued transaction activity, the nation’s central bank said. That should contribute to stronger hou... ( read original story ...)

Posted on 24/11/2018

Singapore flags risk from rising foreign-currency loans

As a major Asian financial center, Singapore serves as a regional base for hundreds of banks including DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank, the top three ... ( read original story ...)

Posted on 24/11/2018

Singapore bank earnings may rise 9% in 2019 even as trade war comes knocking

Net interest margins are poised to widen amidst expected rate hikes. Although the ongoing US-China trade dispute has already weighed in on the financial sector’s results in Q3, banks in Singapore are ... ( read original story ...)

Posted on 24/11/2018

Singapore’s Deputy Prime Minister Tharman Visits ADB, Addresses Board and Staff on Asia’s Challenges and Opportunities

... Minister for Economic and Social Policies and Chairman of the Monetary Authority of Singapore, Mr. Tharman Shanmugaratnam was visiting the Asian Development Bank (ADB) for the first time today. Mr ... ( read original story ...)

Posted on 24/11/2018

Fundamentals strong but Singapore banks, companies and households need to guard against headwinds: MAS

warns the Monetary Authority of Singapore, the republic's de facto central bank. This is because rising interest rates and pressure on currencies could weaken debt servicing abilities of countries, co... ( read original story ...)

Posted on 22/11/2018

Singapore Property Market Trends To Watch Out For In 2019

Singapore has one of the fastest growing and mature property markets in the world and as such, it has attracted a lot of investors. However, many of the country’s citizens are worried because rapid gr... ( read original story ...)

Posted on 21/11/2018

Hong Kong and Tokyo beat Singapore as best finance locations in Asia: report

Its weak 10.7% performance on property factors and modest banking scale dragged its final score. Singapore came in at third place as the best finance location in Asia after scoring highly on socio-eco... ( read original story ...)

Posted on 21/11/2018

3 reasons why a “wait and see” approach to buying property is flawed

The same goes for selling property, too; the truth is there’s no best time to sell. The Singapore government is very interventionist and dynamic, when it comes to residential property Our Minister for ... ( read original story ...)

Posted on 21/11/2018

Sub-sale: What property sellers and buyers need to know

There were 81 sub-sale transactions for private property in Singapore in 3Q 2018, a tiny fraction of the 2,672 resale transactions that occured in the same quarter. So, why do sub-sales occur? The mos... ( read original story ...)

Posted on 21/11/2018

July curbs to prevent property bubbles, says Lawrence Wong

Mr Wong told the event at The Ritz-Carlton Millenia Singapore: "The Government cannot, and will not, take a hands-off attitude to the property cycle. So there should not be any surprise when we interv... ( read original story ...)

Posted on 21/11/2018

5 Things Singaporeans Never Knew Their Property Agents Were Not Allowed To Do

All views expressed are the independent opinion of DollarsAndSense.sg If you ever needed to buy, sell, rent or lease out a property in Singapore, chances are that you would have engaged the services o... ( read original story ...)

Posted on 21/11/2018

Property curbs couldn’t stop ultra-wealthy and foreigners from buying luxury homes in Singapore

Six super luxury homes were sold for $10m and above after the cooling measures. Despite the cooling measures imposed back in July, foreigners and utra-wealthy individuals still flocked to Singapore fo... ( read original story ...)

Posted on 20/11/2018

Singapore’s Central Bank Finalizes Regulatory Framework for Crypto Payment Services

Singapore’s central bank has broadened its regulatory regime for payment providers to bring certain cryptocurrencies under its jurisdiction. Singapore’s central bank has finalized a new ... ( read original story ...)

Posted on 20/11/2018

Singapore bank offers annual review process for financial life goals

Just as most Singaporeans know the importance of an annual medical health screening to detect ailments and ensure their health checks out, OCBC Bank is making financial portfolio reviews an annual aff... ( read original story ...)

Posted on 19/11/2018

HDB mortgage interest rates remain unchanged in first quarter 2019

Now let’s say you got $250,000 from the bank instead. At a rate of two per cent for 25 years, the monthly repayment is just $1,060 per month. At the end of 25 years, the total interest paid is $67,891 ... ( read original story ...)

Posted on 16/11/2018

Central Banks of Canada, Singapore and UK Propose CBDCs for Cross-Border Payments

The reserve banks of Canada, Singapore and the United Kingdom have singled out central bank digital currencies as being one of the solutions that can be implemented in order to solve the ... ( read original story ...)

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