Tag: mortgage

Singapore’s property stocks fell, leading declines on the benchmark Straits Times Index as the government raised taxes on home purchases that are worth more than S$1 million ($761,600) after housing prices rebounded from a four-year slump. UOL Group Ltd ... ( read original story ...)

Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city-state if Britain extradites him to face charges, officials said Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$30,000 ... ( read original story ...)

A drop in household income and prolonged unemployment or illness are among the common reasons why Singapore households fall into mortgage arrears, revealed the Ministry of National Development. Notably, out of the 405,000 households with outstanding ... ( read original story ...)

SINGAPORE (BLOOMBERG) - Singapore property stocks declined on Tuesday (Feb 20) after the Government raised taxes on home purchases of more than S$1 million, just as the housing market started to recover from a four-year slump. UOL Group and City ... ( read original story ...)

The S$1.99 million increase translates to nearly 1 per cent of the property price. Under a drive to make Singapore's tax system more progressive, Finance Minister Heng Swee Keat annnounced on Monday that the top marginal BSD rate would be raised from 3 per ... ( read original story ...)

SINGAPORE, Feb 19 (Reuters) - Singapore’s move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state’s recovering property market, analysts said. From Tuesday, the wealthy ... ( read original story ...)

SINGAPORE, Feb 19 (Reuters) - Singapore’s move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state’s recovering property market, analysts said. From Tuesday, the wealthy ... ( read original story ...)

The long-running International Furniture Fair Singapore (IFFS) has booked influential French designer Chantal Hamaide to curate its maiden Carte Blanche showcase. The fair, along with co-located shows, the 35th ASEAN Furniture Show and NOOK Asia 2018 ... ( read original story ...)

SINGAPORE - Frasers Property is set to acquire 22 logistics and light industrial assets in Germany and Austria mainly owned and managed by developer Alpha Industrial for 282.5 million euros ($285.2 million). The assets include 16 completed logistics and ... ( read original story ...)

Choosing a new restaurant to try (or even a hotel for your upcoming trip) is pretty simple. Just head over to Tripadvisor, and you’ll get access to thousands of ratings and reviews at your fingertips. Choosing a property agent to work with, on the other ... ( read original story ...)

The Singapore government has announced a system that will enable home buyers and sellers in Singapore to rate real estate agents' service quality. The rating will be publicly displayed online along with the history of property transactions closed by the ... ( read original story ...)

2017 was a dramatic year for the Singapore market, with invaluable lessons for investors to glean from for 2018. Stocks in the semiconductor and property sectors had a pretty good run in 2017. These were characterised by improving fundamentals, coupled ... ( read original story ...)

Real estate investors should look at the central, south, southeast and southwest areas, as properties in these areas are likely to boom in the Year of the Dog. Owners of properties in these areas, whose prices have appreciated, should definitely consider ... ( read original story ...)

In Singapore, all properties, be it residential, industrial or commercial, are subject to property tax. For residential property, the tax rate differs, depending on whether it’s an owner-occupied or non-owner-occupied property. With Singapore being a ... ( read original story ...)

Sunway unit Sunway Developments Pte Ltd plans to jointly acquire a private residential property – Brookvale Park in Singapore – with Hoi Hup Realty Pte Ltd. Both entities have entered into a collective sale and purchase agreement (SPA) with the ... ( read original story ...)

Besides the trend we observed in income and property taxes, it seems that an increase in GST is imminent in Singapore. Given what we’ve observed from analysis above, this could be a departure from the past where the increase in tax was mostly impacted ... ( read original story ...)