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 ...)

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 ...)

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 ...)

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 ...)