Tag: mortgage

“The most efficient focus of housing policy is for the government to assist millions of Nigerians obtain lower-interest mortgages; this is how most citizens are helped to acquire houses in many countries with successful housing policy such as ... ( read original story ...)

According to reports in the Business Times, Singapore’s central bank participated in a three-hour-long meeting late last week with Hong Kong to discuss the initiative, which has a lot of concerns to consider before the rollout. Reports said officials are ... ( read original story ...)

According to the latest real estate forecast report published by the Urban Land Institute (ULI) and PwC, we’re seeing the end of the dark night of the soul for the local property scene as Singapore leapfrogs its way from near the bottom of the table to ... ( read original story ...)

London-based property specialist Chestertons and Singapore’s RHT Wealth Holdings have teamed up to launch a new real estate consultancy in the city-state that will serve as its gateway into the rest of the region. Known as RHT Chestertons, the company ... ( read original story ...)

Quoine joins about 10 firms specializing in cryptocurrency and payments services whose bank accounts have been shut in Singapore, where the financial regulator oversees only some activities related to the industry. Japanese authorities are taking a more ... ( read original story ...)

Seven banks in Singapore, including DBS Bank, OCBC and United Overseas Bank will be offering cashless payments in Singapore via NETS' QR code platform by mid-2018. The top three lenders will be joined by HSBC, Maybank, Citibank and Standard Chartered Bank ... ( read original story ...)

SINGAPORE: By the middle of next year, seven banks in Singapore will offer consumers the option of paying using NETS QR code. In a joint press briefing on Monday (Nov 20), DBS Bank, OCBC and UOB said they have come onboard NETS' QR code platform. ( read original story ...)

Singapore’s central bank Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded S$1.15 million (US$850,000) to 10 fintech startups The second edition of the Singapore Fintech Awards has come to a close, giving ... ( read original story ...)

Singapore’s central bank Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded S$1.15 million (US$850,000) to 10 fintech startups The second edition of the Singapore Fintech Awards has come to a close, giving ... ( read original story ...)

With the property industry facing more and more disruption, how’s a humble property agent to survive? We all know the routine answer: upskill yourself to remain relevant, offer value added services, blah, blah, blah. That’s all easier said than done. ( read original story ...)

All home loans, regardless of whether it is for an HDB unit or private property, need to fulfil the 60% Total Debt Servicing Ratio (TDSR) requirement. This means that when your total monthly debt obligations — i.e. credit card balance(s), student loan(s ... ( read original story ...)

At present, this is 2.6 per cent per annum. Bank loan rates are more variable. There is no perpetual fixed rate home loan in Singapore. Bank interest rates are mainly determined in three ways: Singapore Interbank Offered Rate (SIBOR) loan packages Swap ... ( read original story ...)

Monetary Authority of Singapore (MAS) managing director Ravi Menon told the Singapore Fintech Festival yesterday that the move is one of several Singapore is taking to further its Smart Nation agenda. In the area of retail payments, the MAS and the Bank of ... ( read original story ...)

Andy Mukherjee is a Bloomberg Gadfly columnist covering industrial companies and financial services. He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Singapore's housing market is ... ( read original story ...)

A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018. The spending spree may not be over, with more than S$3.3 billion ($2.5 billion) of land deals set to be ... ( read original story ...)

GuocoLand has been recognised as the region’s Best Developer at the PropertyGuru Asia Property Awards Grand Final after being named as Singapore’s top home builder in the local leg of the awards. “One of the Singapore’s leading developers ... ( read original story ...)