Singapore’s real estate market was a vexing obstacle to navigate until Darius Cheung, CEO and co-founder of the country’s homegrown housing website 99.co, helped transform the market with a user-focused approach to home hunting 99.co co-founder and CEO ... ( read original story ...)
Shophouses’ rising yields lure Singapore’s ultra wealthy
“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 ...)
Shophouses’ rising yields are luring Singapore’s ultra wealthy
“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: What to know if you are buying your first property as investment
Unfortunately, property prices are in a slump at the time ... Wrong. The rate of inflation in Singapore is around three per cent per annum, and your investment has not kept up with that. And this is after you’ve put up with various inconveniences ... ( read original story ...)
Daily Briefing: Singaporean e-commerce firm Carousell secures US$85m funding; DBS FHR-9 home loan rates to hike
Singapore may be called a boring city by the international ... If Sibor rises, the market interest rates rises, hence the bank will need to pay their fixed depositors higher interest rate. DBS FHR-9 is based on the 9-month fixed deposit rate. ( read original story ...)
OCBC Bank Launches Digital Transformation Programme For 29,000 Employees
With an investment of $20 million to train and develop the digital skills of all 29,000 employees of the OCBC Group globally, the OCBC Future Smart Programme is the largest-scale and most ambitious digital transformation initiative by a Singapore bank. ( read original story ...)
DBS FHR Home Loan – The Fixed Deposit Home Rate and Why It’s So Different From Other Home Loans
Just because it’s not “actively enforced”, doesn’t make sex between consenting male adults any less of a crime in Singapore, in the eyes of the law. Variable rates are the Section 377A of home loans. Just because the bank says that the board rates ... ( read original story ...)
Is It a Good Time to Buy Bank Stocks Now?
Favourable macro-economic conditions have led to growth in almost every business segment of the three main banks in Singapore, which are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX ... ( read original story ...)
Bank of Singapore’s Nicholson Sees 10-Year Between 2.80-3.20%
May.09 -- Bank of Singapore Head of Fixed Income Discretionary Portfolio Management Gareth Nicholson discusses Mahathir Mohamad's victory in Malaysia’s election, and talks about emerging markets and bonds. He speaks on "Bloomberg Markets." ( read original story ...)
OCBC Bank to spend $20 million on digital upskilling programme
Singapore's OCBC Bank is to spend $20 million on a workforce digital transformation programme designed to equip its 29,000 staff with the skills required to stay relevant in a technologically-driven banking culture. The bank says that the 'Future Smart ... ( read original story ...)
Is it worth buying bank stocks despite higher prices?
Favourable macroeconomic conditions have led to growth in almost every business segment of the three main banks in Singapore, which are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corp Limited (SGX: O39), and United Overseas Bank Ltd (SGX ... ( read original story ...)
First Singaporean bank to debut in Việt Nam
HÀ NỘI – Singapore-based United Overseas Bank (UOB) will open its first branch in Việt Nam on July 2. It is the ninth wholly foreign-owned bank and first Singaporean bank in the country. UOB Vietnam has a charter capital of VNĐ3 trillion (US$131.3 ... ( read original story ...)
Malaysia’s election could be a tipping point for Chinese property investors
Malaysia’s general election on Wednesday, which has highlighted political uncertainty in the country, may crimp the confidence of Chinese investors, sparking an investor flight towards Singapore property, at least in the short term, analysts said. ( read original story ...)
Singapore’s old shophouses a promising haven for investment
Amazon.com, for example, brought its Prime delivery service to Singapore last year ... Houses are undoubtedly safer bets. Residential property prices are on the mend after a government-engineered cooling. That, and an expensive Hong Kong home market ... ( read original story ...)
Property: 3 (legal) ways to avoid paying ABSD
In Singapore, all property purchases are charged Buyer’s Stamp Duty (BSD), calculated at 1% on the first $180,000, 2% on the second $180,000, and 3% on the rest of the property’s cost. But in December 2011, the Government implemented the ... ( read original story ...)
Property investment sales to hit $46 billion in 2018
Real estate investment sales in Singapore is expected to grow 15 percent year-on-year to $46 billion in 2018, and climb a further 5.0 to 10 percent in 2019, according to a Colliers International report. In the first quarter of 2018, total property ... ( read original story ...)