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Tag: mortgage

Posted on 21/07/2018

How external factors are affecting the Singapore property market

The recent cooling measures came as a shock, but they aren’t entirely without merit. Even if the link between our economy and the property market aren’t always well defined, there have been reasons fo... ( read original story ...)

Posted on 20/07/2018

New cooling measures to impact banks’ mortgage business, says DBS

Singapore’s mortgage market is expected to soften in the long term due to the new cooling measures in the private residential market, according to the city-state’s largest bank, DBS Group Holdings. Ne... ( read original story ...)

Posted on 18/07/2018

New property curbs to erode market confidence, says REDAS

The new property curbs are a “big setback” for Singapore’s property sector, according to the Real Estate Developers’ Association of Singapore (REDAS) in a report by the Business Times. These new cooli... ( read original story ...)

Posted on 16/07/2018

Bank of Singapore is the First Singapore Private Bank to Receive Regulatory Approval to Open a Wealth Management Subsidiary in Luxembourg

SINGAPORE & LUXEMBOURG--(BUSINESS WIRE)--Bank of Singapore today announced that it has been granted an investment company licence to operate a wealth management subsidiary in Luxembourg – a first for ... ( read original story ...)

Posted on 15/07/2018

Can Singapore tame its property market with new rules?

It is 11 on a Thursday night, and a private condominium show suite in Singapore’s Hougang district – a populous area in the northeastern side of the island – is unusually packed. Snaking queues stretc... ( read original story ...)

Posted on 14/07/2018

Research: consumers spend more time searching for value-for-money holidays than investigating mortgage options

However, they will only spend 3.6 days investigating mortgage options. Britons spend three days – almost the same amount of time they spend to inv... ( read original story ...)

Posted on 13/07/2018

New Singapore Property Cooling Measures – The Show Has Just Begun

What a roller-coaster last week for Singapore’s real estate market. It was a surprisingly well-coordinated good show put up by the Singapore government, complemented by the parts played by different s... ( read original story ...)

Posted on 12/07/2018

Affected By Property Cooling Measures? Here Are 4 Ways You Can Invest Your Money Instead

The government, of course, is fully aware of this. To prevent an overheated private residential property market in Singapore, cooling measures were recently announced to curb property prices and manag... ( read original story ...)

Posted on 11/07/2018

Pricier mortgages loom as banks move to offset dismal lending

Banks may compensate for slower loan growth by pricing their mortgage packages higher following surprise policies unveiled by the government to slow down runaway residential prices in Singapore. Also ... ( read original story ...)

Posted on 10/07/2018

Singapore banks will benefit from new property cooling measures, says Moody’s

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 ...)

Posted on 10/07/2018

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 ...)

Posted on 10/07/2018

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 ...)

Posted on 10/07/2018

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 ...)

Posted on 10/07/2018

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 ...)

Posted on 10/07/2018

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 ...)

Posted on 10/07/2018

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 ...)

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