Singapore bank lending weakens in December: MAS

SINGAPORE - Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. ( read original story ...)

Singapore December bank lending rises 5.6 pct y/y

SINGAPORE, Jan 31 (Reuters) - Singapore’s total bank lending in December rose 5.6 percent from a year earlier, on increased lending to financial institutions and a rise in housing and bridging loans, central bank data showed on Wednesday. Loans and ... ( read original story ...)

Singapore witnesses less bank lending in December

SINGAPORE, Jan. 31 (Xinhua) -- Singapore's total loans and advances including bills financing of Domestic Banking Units (DBU) declined 0.27 percent month-on-month in December, to a predicted 651.93 billion Singapore dollars. This reversed from a 0.64 ... ( read original story ...)

Singapore’s outbound property investments hit record in 2017

SINGAPORE monies that went into overseas real-estate investments last year rose by about 40 per cent to a record US$28.4 billion, up from US$20.4 billion in 2016 and upending the last high of US$27.6 billion in 2015. Sovereign wealth fund (SWF) GIC had a ... ( read original story ...)

Singapore’s overseas property investment soared 40% in 2017

Singapore’s overseas real estate investment surged by around 40 percent to a record US$28.4 billion (S$37.2 billion) in 2017, making it the fifth-biggest source of capital globally, after the US, Hong Kong, China and France, reported Business Times. ( read original story ...)

Home Loan – 5 Things That Can Affect Property Buying

The Credit Bureau of Singapore (CBS) keeps a credit report of every Singaporean ... Whenever you are submitting your application to banks for a home loan, banks will look up for your credit report from CBS. The credit report from CBS would then give ... ( read original story ...)

Long winter ending for S’pore property market

The worst may be over for Singapore's property slump. After a four-year slide in private residential prices, analysts are now calling an end to the property downturn. Singapore home prices have risen for two consecutive quarters, and are expected to ... ( read original story ...)

Singapore’s GDP to grow slower this year

And with the property market showing incipient signs of recovering ... companies continue to struggle with labour shortages and slower demand. Nonetheless, Singapore’s positive business environment and sound economic fundamentals are expected to provide ... ( read original story ...)

Overly optimistic bids may derail property market rebound

While the property market is expected to head for a rebound, analysts believe the optimism surrounding Singapore’s property market may lead to market instability, reported Singapore Business Review. This comes as the intense competition for en bloc sites ... ( read original story ...)