Photography: Hubab Hood Love it or hate it, Brutalist architecture may not be for everyone but we’re preparing to see yet another iconic building in Singapore get demolished soon. Say your farewells to Pearl Bank Apartments. If you bring up the names of ... ( read original story ...)
Bank of Singapore signs new agreement with Japan’s Sumitomo Mitsui Banking Corp unit SMBC Trust Bank
Singapore-based private banking arm of OCBC Bank, BOS or Bank of Singapore has signed a memorandum of understanding (MOU) with SMBC Trust Bank. The aim of this agreement between two banks is to provide clients of Japanese bank with a global investment ... ( read original story ...)
Singapore’s real estate investment in Australia ballooned 141% to US$3.5b
Despite skyrocketing property prices, Singapore’s real estate investment to Australia has soared by 141% in over a year to US$3.5b, Real Capital Analytics latest data revealed. Cushman & Wakefield regional director for capital markets in Asia Pacific ... ( read original story ...)
Singapore: Police seek help to find couple involved in dishonest misappropriation of property at Esplanade mall
Singapore police have urged the citizen of the country to assist them in an investigation against a couple, who was accused of a dishonest misappropriation of property case. They asked the local residents to provide their help to locate those alleged ... ( read original story ...)
Making Sense of Mortgages: The Problem, and the Opportunity
How does a mortgage originated by a broker in California end up on the books of the Singapore sovereign wealth fund, with the homeowner sending her monthly checks to Ohio? And why does it still take 45 days to close? The entire process is complex ... ( read original story ...)
Singapore’s Ng Brothers Win Holland Road Site With $904M Bid
Singapore’s largest private property developer has been awarded a prime commercial and residential site in Singapore’s upscale Bukit Timah neighborhood. “Holland Village is a much-loved precinct with a distinctive character, heritage, and history ... ( read original story ...)
SRX launches home loan platform
Real-estate services provider SRX has launched a home loan platform that promises to help borrowers ease the task of filling up forms. SRX said yesterday that its myHome Finance service can do that by tapping MyInfo, a service by the Singapore Government ... ( read original story ...)
Property investment: Are potential profits an illusion?
On a more complex level, you can also consider that the rate of inflation (the rising cost of goods) is around 3% in Singapore. Your property loan interest however, is far below this; home loan rates have been below 2% for more than a decade (although the ... ( read original story ...)
Singapore investors ramp up cross-border commercial real estate activity in Q1
according to a report from Real Capital Analytics (RCA), with a significant increase in property investments in Australian, Japanese and Indian markets. Singapore to Australia trade volumes ballooned by a whopping 141% to $3.5b over the past twelve months ... ( read original story ...)
Frasers Property, GIC and JustCo invest US$177m to build co-working space in Asia
Multi-national property company Frasers Property and Singapore’s sovereign wealth fund GIC have collaborated with co-working space provide JustCo to develop a co-working space platform across Asia. This sees all three companies investing US$177 million ... ( read original story ...)
Singapore’s ultra wealthy lured to shophouses despite lower yields
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: Money matters you must know when moving home
... have to pay the Additional Buyers Stamp Duty (ABSD), if the second property is bought under the current property owner’s name. For Singapore citizens, the ABSD is seven per cent of the property price or valuation (whichever is higher). So if you ... ( read original story ...)
Singapore: Frasers Property Ltd (FRPL:SI) Heffx Technical Analysis
Overall, the bias in prices is: Downwards. The projected upper bound is: 1.99. The projected lower bound is: 1.85. The projected closing price is: 1.92. A black body occurred (because prices closed lower than they opened). During the past 10 bars, there ... ( read original story ...)
Frasers Property : GIC, Frasers Property and JustCo jointly invest US$177 million to develop co-working platform across Asia
SINGAPORE, 16 May 2018 - GIC, Singapore's sovereign wealth fund, and multi-national property company Frasers Property Limited ("Frasers Property"), are partnering with JustCo, a leading co-working space provider in Singapore, to develop a co-working space ... ( read original story ...)
Stocks to watch: Frasers Property, Keppel, Aspen
SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (May 16): Frasers Property: Frasers Property, Singapore's sovereign wealth fund GIC, and co-working space provider JustCo are jointly investing US ... ( read original story ...)
This Singapore bank is best-placed to cash in on the property boom
It has the greatest percentage share exposure to housing loans at 27.6%. UOB may be in the best position to take advantage of the recent pickup in the residential property market, according to RHB Research, as it has the greatest percentage share exposure ... ( read original story ...)