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 ...)
River Ryan man accused of robbing Singapore bank facing extradition hearing in U.K. Thursday
James David Roach of River Ryan is shown in this file photo that had been made available by the Royal Thai Police. - Submitted RIVER RYAN, N.S. — A River Ryan man accused of robbing a bank in Singapore will be in court in the United Kingdom Thursday for ... ( 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 ...)
Singapore Overtakes China as Largest Asian Investor in U.S. Property
Singapore ousted China to become the biggest Asian investor in U.S. commercial property last year. It was the first time since 2012 that the city outspent China, according to data from Real Capital Analytics and Cushman & Wakefield Inc. Deals by Chinese ... ( 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 ...)
Singapore’s property industry ranks as #1 hottest in ASEAN market in 2018
Whilst the property scene in Singapore did pick up towards the end of 2017, Morgan Stanley predicts that the market will be even more bullish in the next two years. We’re talking an 8% increase in home prices in 2018, and again in 2019. Morgan Stanley ... ( read original story ...)
5 Things That Can Affect Your Home Loan for buying a property
We help you analyse the most suited loan package from the universe of loan packages that are offered by the banks in Singapore. All you have to do is to contact us, a Mortgage Broker here. ( 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 99.co buys UrbanIndo, Indonesia’s largest independent property site
99.co, a Singapore-headquartered property listings site with prominent investors, has acquired UrbanIndo, one of the largest property sites in Indonesia, a person familiar with the deal told Tech in Asia without revealing the exact terms of the transaction. ( read original story ...)
5 super important things to check when buying a property over 20 years old
You could say old houses in Singapore are like cheese: they get finer with age, and also tend to smell like them. Here’s what you need to look for if the house is 20 years or older, besides a really good air freshener: Once a property has 40 years or ... ( read original story ...
Singapore central bank head hopes cryptocurrency tech will survive ‘crash’
SINGAPORE (Reuters) - The head of Singapore’s central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money. The city-state has been positioning ... ( 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 ...)