Singapore’s property market has seen a decline for nearly four years, but this was followed by a recent upturn in property prices and transactions. In fact, analysts from Morgan Stanley have predicted that property prices could rise by 5.0 to 6.0 percent ... ( read original story ...)
Cooling measures in Hong Kong and Singapore: what works, what doesn’t
In March this year, the Singapore government reduced stamp duty imposed on sellers and some mortgage restrictions. That helped stoke optimism that the country’s property market is rebounding, with home sales jumping and developers showing more aggression ... ( read original story ...)
OCBC Bank first to launch AI-powered voice banking with Google
OCBC Bank has launched artificial intelligence (AI) powered voice banking in collaboration with Google, following the launch of Google Home and Google Home Mini in Singapore. Consumers will be able to speak to the Google Assistant on a smartphone or a ... ( read original story ...)
Singapore’s Mortgage LTV Ratio is Rising: Is There Cause for Concern?
The loan-to-value ratio (LTV) (as measured as mortgage loan balances divided by residential property values), which is a statistic that illustrates the degree of leverage in the housing market, has increased in recent years to levels seen before the 1998 ... ( read original story ...)
Singapore Central Bank Tightens Policy Amid Solid Growth
Singapore’s central bank tightened monetary policy on Friday, changing its stance for the first time in two years amid solid economic growth prospects for 2018. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool ... ( read original story ...)
Home loan interest rates to be impacted by exchange rate tightening
Singapore’s home loan interest rates are expected to be impacted by the Monetary Authority of Singapore’s (MAS) tightening of the Singapore Dollar (SGD) exchange rate. MASho announced a measured change to policy today, allowing its currency to ... ( read original story ...)
A Central Bank With No Key Rate? Yes, in Singapore: QuickTake
Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank is ... ( read original story ...)
Singapore’s premier real estate tilt elects first female chair
Following the success of its very first stand-alone gala dinner last November, the PropertyGuru Asia Property Awards (Singapore), presented in 2018 by Kohler and supported by PropertyGuru.com.sg, Singapore’s No.1 property site, returns for its eighth ... ( read original story ...)
PropertyGuru Asia Property Awards (Singapore) 2018 nominations open, elects first female head judge
Last year’s Awards saw GuocoLand named as top local developer. Nominations are now open for the 2018 PropertyGuru Asia Property Awards (Singapore), which will see close to 30 awards given out to the city-state’s top developers. New awards will be ... ( read original story ...)
Trade Risks Aside, Singapore Central Bank Is Ready to Tighten
Singapore’s central bank is one step closer to tightening monetary policy this week. A majority of economists surveyed by Bloomberg predict policy makers will look past the latest trade skirmishes between the world’s two largest economies and assess ... ( read original story ...)
Should I put my money in a property or stock investment?
This is seven per cent of the property value for the second house, for Singapore citizens (it’s 10 per cent for Permanent Residents, and 15 per cent for foreigners). And even Singapore citizens will pay the full 15 per cent ABSD, on the third and ... ( read original story ...)
Investment properties in Singapore are red hot for Malaysian investors
Malaysians are increasingly looking to Singapore for investment properties. This according to global property consulting firm Knight Frank. Speaking at the launch of the 12th edition of The Wealth Report in Malaysia, Knight Frank Malaysia executive ... ( read original story ...)
Two weekend property launches see keen take-up rates
Savills Singapore research head Alan Cheong noted that the sales ... they may be able to sell their units at expected selling prices," he said. JPMorgan property analyst Brandon Lee said he believes the prices achieved in these new launches "will further ... ( read original story ...)
HDB Or Bank Loan: Pros & Cons To Consider Before Deciding On Which Housing Loan To Take
One of the first financial decisions that Singapore families will have to make when buying a HDB flat is the type of housing loan to take. In essence, we have two choices. We can opt for a HDB loan or a bank loan. But which should you opt for? In recent ... ( read original ...
These banks in Singapore will hire you without an elite foreign degree
Didn’t study at an elite overseas university, but still want to work at a global investment bank in Singapore? Here’s where to apply. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ Couldn’t afford to study at an ... ( read original story ...)
How Currency Movements Affect Singapore Interest Rates And Your Interest Rate Sensitive Stocks & Financial Assets
There is a rather good summary in Bloomberg on why Singapore’s Central Bank do not hold a Key Interest Rate. I think its a good read, a good refresh to go through some thought process when it comes to how externalities affect your Singapore investments ... ( read original story ...)