Tag: mortgage

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 ...)

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 ...)

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 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 ...)

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 ...)

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 ...)

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 ...)

The jigsaw puzzle that is the Singaporean real estate market can be divided up, labeled, categorized, and sliced into various forms and types of housing types – or, dwellings. To make sense of it all we have created a kind of comprehensive – overview ... ( read original story ...)

Picture Big Data and that fancy 2-bedroom condominium you are eyeing in Pasir Panjang. That’s not something you would typically see in the same sentence, much less imagine it. But, Steven Tan, Managing Director of OrangeTee has made it his mission to put ... ( read original story ...)

There has been a very intense discussion around what is going to happen when 99-year lease of HDB units in Singapore expire. While some officials have been hinting that lease willl indeed expire and homeowners may have to return their properties back to ... ( read original story ...)

The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites ... ( read original story ...)

Last month, the estate was sold in a S$980 million collective deal to entities controlled by Singapore property tycoon Kwek Leng Beng and his Malaysian billionaire cousin Quek Leng Chan. It was the largest en bloc sale here in more than a decade and the ... ( read original story ...)

Your home is probably the most expensive thing you’ve ever bought. And you might be spending a sizeable chunk of your life repaying your home loan. A lot can happen in the years or even decades before your home loan gets paid off. If something happens ... ( read original story ...)

Singapore’s central bank sees “steady growth amid rising uncertainty,” holding onto projections for robust domestic and global demand in 2018 and betting that trade tensions won’t spoil the party. The global economy will expand 4.5 percent this ... ( read original story ...)

SINGAPORE, April 27 (Reuters) - Singapore’s central bank said on Friday that escalating trade tensions between the U.S. and China pose a risk to the city-state’s economy and were part of the reason behind its “measured adjustment” to monetary ... ( read original story ...)

Before you take the big step of buying a second property however, make sure you’re ready: For Singapore citizens, the Additional Buyers Stamp Duty (ABSD) applies when purchasing any property beyond your first. This is currently seven per cent of the ... ( read original story ...)