Luxury home prices on the upswing

While it has taken a beating from the government’s property cooling measures in recent years, luxury home prices in Singapore are now showing signs of recovery, reported Bloomberg. In fact, luxury home sales had been on the upswing even before some of ... ( read original story ...)

Singapore Home Prices Extend Longest Losing Streak on Curbs

Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most measures to cool the market remain in place despite a slight easing in March. An index tracking private residential prices fell 0.3 ... ( read original story ...)

Singapore’s MAS Says Not Yet Time to Ease Property Curbs

(Bloomberg) -- Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilized, “it is, however, not time ... ( read original story ...)

Singapore to maintain property stance

The central bank of Singapore has announced that its current cooling measures will remain in place. The restrictions, which were introduced eight years ago, have been cited as the reason for the cooling of the property market. “Our key property market ... ( read original story ...)

MAS: Property cooling measures still necessary

SINGAPORE: Singapore’s central bank said it’s not yet time to ease property curbs and the adjustments made by the government in March don’t signal an unwinding of the measures. While the property market has stabilised, “it is, however, not time yet ... ( read original story ...)

Not yet time to ease property cooling measures, says MAS

Singapore’s property cooling measures are here to stay, according to the Monetary Authority of Singapore (MAS). The central bank says residential property transactions increased in 2016 compared with 2015 due to healthy sales at project launches and ... ( read original story ...)

Sentosa Cove bungalow up for sale for S$20.8mil

based on the property’s 8,746 sq ft. land area, reported New Straits Times. Marketing agent List Sotheby’s Singapore revealed that the property on 65 Ocean Drive is being sold fully fitted and unfurnished. The firm attributed the property’s high ... ( read original story ...)

MAS: Singapore property cooling measures remain necessary

Singapore's central bank said that the city-state's property cooling measures remain necessary. Monetary Authority Managing Director Ravi Menon said the recent easing of the curbs shouldn't be seen as signaling the government would relent. Singapore's ... ( read original story ...)

Singapore to allow banks to enter non-financial e-commerce

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 ...)

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 ...)