The Singapore private property market seems to be in a recovery mode, after a four-year bear market. Flash estimates by the Urban Redevelopment Authority (URA) released on Monday, 2 April, showed that private home prices in Singapore rose by 3.1% in 2018 ... ( read original story ...)
What Expats Should Know Before Buying Their First Home in Singapore
Below, we outline some of the top things you should know before purchasing a property in Singapore as a foreigner. Before you even get approved for a flat in Singapore, you will have to apply online with the SLA and pay a nonrefundable S$1,220 fee. ( read original story ...)
Singapore law allows creditors to avoid losses from bank failures: Moody’s
Buffers for bail-ins only comprise 1%-2% of Singapore banks’ assets. According to Moody’s Investors Service, the Monetary Authority of Singapore (MAS) would likely save a failing domestic bank through a bailout, meaning the burden to save a bank would ... ( read original story ...)
MAS likely to bear burden of rescuing local failed bank: Moody’s
The Monetary Authority of Singapore (MAS) is more likely to resolve a failing bank by getting equity holders to pay the price than by forcing creditors to accept haircuts, Moody's Investors Service has said in a report. Citing a recent review of the ... ( read original story ...)
Burden of rescuing failed banks in Singapore likely to rest on MAS, shareholders: Moody’s
SINGAPORE - The Monetary Authority of Singapore (MAS) is more likely to resolve a failing bank by getting equity holders to pay the price than by forcing creditors to accept haircuts, Moody's Investors Service has said in a report. Citing a recent review ... ( read original story ...)
Tech Has Tough Weeks Ahead Says Bank of Singapore’s Nicholson
Apr.03 -- Bank of Singapore Head of Fixed Income and Discretionary Portfolio Management Gareth Nicholson discusses the markets and his investment thoughts. He speaks on "Bloomberg Daybreak: Middle East." ( read original story ...)
Developers send Q1 property investment sales to new high
A FLURRY of land-banking activities by developers propelled Singapore's property investment sales market to its strongest quarter in the first three months this year. Preliminary estimates by property consultancy JLL show that some S$10.84 billion worth of ... ( read original story ...)
Singapore property auction sales in Q1 up 31% at S$19.97m
THE number of properties sold in auction sales rose to 11 units in the first quarter of 2018, from eight in the corresponding quarter a year ago. This was despite the number of new properties put up for sale staying unchanged year-on-year at 63 units in ... ( read original story ...)
Singapore private home prices jump, strengthening recovery
SINGAPORE (Nikkei Markets) -- Prices for private property in Singapore rose at a faster-than-expected pace in the first quarter, suggesting that the exuberance in the land market may have begun to filter through into related areas. For the January-March ... ( read original story ...)
DBS urges Singapore property buyers to be cautious
With more than 30,000 units in the pipeline and with more government land sales, Singapore property buyers are urged to be more cautious. 15 companies have submitted tenders for commercial and residential site at Holland Road. The Urban Redevelopment Board ... ( read original story ...)
Strongest first quarter on record for Singapore investment sales
Residential collective sales dominate with $5.83 billion worth of deals. Property investment sales in Singapore saw its best ever first quarter, reaching a staggering $10.84 billion in Q1 2018, according to preliminary figures from JLL. This is up a ... ( read original story ...)
Singapore bank lending edges up in February
SINGAPORE - Bank lending in Singapore rose slightly in February from the previous month, reversing January's dip, according to preliminary data from the Monetary Authority of Singapore on Thursday (March 29). Loans through the domestic banking unit - which ... ( read original story ...)
Singapore February bank lending rises 0.1 percent from month ago
SINGAPORE, March 29 (Reuters) - Singapore’s total bank lending in February rose 0.1 percent from the month earlier, on the back of increased loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)
Singapore Property Developer Sales Dip in Feb. Is This A Seasonal Decline Or A Cause For Concern? | OrangeTee Research
Developers’ monthly sales (excluding EC) declined 28.1 per cent m-o-m to 377 units in February due to slower home sales during the Chinese New Year holidays and the absence of major launches. Source: OrangeTee The number of units sold is not unusually ... ( read original story ...)
Are Singaporeans Unhappy Because of Property?
Singapore’s GDP grew 3.5 percent in 2017 ... I think the older generation, who are now mainly retired, were a more content bunch. When we don’t own property, we desire a HDB flat subsidised by the government. While we are paying off the mortgage ... ( read original story ...)
Singapore c.bank expected to tighten monetary policy in April
SINGAPORE (March 27): Singapore's central bank is expected to tighten monetary policy in April for the first time in six years, with economic growth solid and the labour market showing signs of improvement, a Reuters poll of economists found. Nine of 15 ... ( read original story ...)