Kempinski Hotels is set to open its first hotel in Singapore. The Capitol Kempinski Hotel Singapore will be part of the Capitol Singapore mixed-use development in the downtown civic district. Singapore’s Perennial Real Estate Holdings will own and ... ( read original story ...)
High capital growth for landed housing in Singapore
Singapore’s property market has seen a limited supply of landed property over the past five years. Despite the scarcity of landed homes, the number of unsold inventory has been at a record low, with limited freehold supply coming into the market. ( read original story ...)
High capital growth in landed housing in Singapore
Industry experts indicate that now is the best time to invest in Singapore property market. By Mindy Chong Singapore’s property market has seen a limited supply of landed property over the past five years. Despite the scarcity of landed homes ... ( read original story ...)
“Anxious” Deutsche Bankers in Singapore seek exit and call headhunters
“More and more Deutsche Bank people have been getting in touch,” says a Singapore-based recruiter, speaking on condition of anonymity. “They all want to know what else is out there, because leaving now may be better than hanging on during another big ... ( read original story ...)
Singapore upgrades first-quarter GDP, 2018 outlook on resilient demand
“It shows that they’re a little bit confident going forward,” OCBC bank chief economist, Selena Ling said, adding that the revision is in line with Singapore’s central bank’s monetary policy change in April, when it tightened for the first time ... ( read original story ...)
Singapore Property Firm Switches Bets from China to Europe
Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group Ltd. is banking on continental Europe to fuel earnings growth. “We expect growth predominantly to come from Europe, but will ... ( read original story ...)
Bank of China partners Qoo10 to launch new co-brand Mastercard credit card
Bank of China Singapore Branch (BOCSG) has launched a co-brand Mastercard credit card with Singapore's largest online retailer Qoo10. Bank of China Singapore Branch (BOCSG) has launched a co-brand Mastercard credit card with Singapore's largest online ... ( read original story ...)
A Brutal(ist) future: Take a peek inside Pearl Bank Apartments, before it gets demolished
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 ...)