SINGAPORE Singapore's central bank will streamline regulatory requirements to allow banks to conduct or invest in non-financial e-commerce businesses, it said late on Tuesday. Finance Minister Heng Swee Keat, speaking at an event organised by the ... ( read original story ...)
Here’s The Salary You Need To Earn To Afford These Homes In Singapore
we crunched the numbers to provide an approximate salary you and your spouse should be earning before you consider buying a certain type of property in Singapore. This, of course, is primarily focused on your ability to keep up with your mortgage payments. ( read original story ...)
Noble stock soars 46% on bank loan relief
"While it is certainly a positive-sounding headline, I am not sure it is the grand type of event that will arrest the negative momentum afflicting the company," said Mr Todd Schubert, the head of fixed income research at Bank of Singapore. ( read original story ...)
Fewer concerns of GST being inflationary: Singapore bank
There were fewer concerns the Goods and Services Tax rollout in India will be inflationary as most essential goods and services have been exempted from the new regime, the Development Bank of Singapore said today. The reform is set to be implemented from ... ( read original story ...)
Singapore Property Stocks Are on a Roll
Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from over. With an expected pickup in real estate following the easing of housing curbs, developers are expected to be the bright ... ( read original story ...)
Singapore’s residential property market is sending mixed signals. This is what they mean
Singapore's residential property market is getting mixed signals from prices, sales, rents and developers' land purchases Some analysts see signs of a gradual recovery, as end-users come off the sidelines But developers may see their margins get squeezed ... ( read original story ...)
Economists raise 2017 Singapore growth forecast, central bank survey shows
Economists surveyed by the Monetary Authority of Singapore (MAS) expect 2017 growth to be 2.5 percent, up from previous forecast of 2.3 percent More upbeat view was due to better manufacturing, bank lending performance Singapore to release advance ... ( read original story ...)
S’pore property, Asia looking up: Fidelity
SINGAPORE property is starting on a long uptrend, said a top executive at Fidelity International. "This current down cycle seems to me to have been going on for a long time," said Tim Orchard, who is chief investment officer equities, Asia Pacific ex-Japan. ( read original story ...)
Singapore property, Asia looking up: Fidelity
SINGAPORE property is starting on a long uptrend, said a top executive at Fidelity International. "This current down cycle seems to me to have been going on for a long time," said Tim Orchard, who is chief investment officer equities, Asia Pacific ex-Japan. ( read original story ...)
SRX: Singapore private resale prices increase 0.4% in May
Resale prices of non-landed private homes in Singapore increased 0.4 per cent in May, flash estimates from SRX Property showed on Tuesday (June 13), with 17.4 per cent increase in volume of sales compared to May 2016. Prices last month also increased by 1 ... ( read original story ...)
Modest land supply is expected for H2 2017 GLS Programme
Paying too high a price for land will squeeze profit margins. At a state tender last month, a tie-up between Hong Kong-listed Logan Property Holdings - a newbie to the Singapore property scene hailing from China's Guangdong province - and Chinese ... ( read original story ...)
Chinese developer seeks more projects in Singapore
Logan Property, a developer listed in the Hong Kong bourse, is considering other residential and commercial projects in Singapore, particularly those situated in prime areas, reported The Business Times. In May, the firm and Chinese conglomerate Nanshan ... ( read original story ...)
GuocoLand to issue S$170mil bonds
Singapore-listed real estate developer GuocoLand plans to issue bonds collectively valued at SGD170 million that pays an interest rate of 3.9%, reported The Business Times. Expected to be issued on Thursday (15 June), the bonds will mature by February 2023 ... ( read original story ...)
A new setback for London property market
The U.K. election result will create more uncertainty for the London property market, affecting values and sales volumes, real estate brokers say. London homebuilders that develop high-end homes dropped after the hung parliament. Crest Nicholson Holdings ... ( read original story ...)
Hongkong Land and IOI Properties to jointly develop Central Boulevard site
SINGAPORE (June 12): Hongkong Land and IOI Properties Group ... Hongkong Land is a member of the Jardine Matheson Group while IOI Properties is a leading public-listed property developer in Malaysia. The site to be developed was a “white” site in ... ( read original story ...)
Singapore property prices expected to climb, fuelled by collective sale market
Property prices are expected to move up in the coming months and now may be a good time to start looking if you have not bought your property, said Carmen Lee, head of research for OCBC Investment Research, during a briefing on the mid-year market outlook ... ( read original story ...)