(Photographer: Sanjit Das/Bloomberg) SINGAPORE Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. ( read original story ...)
1,400 people from Singapore have US$50m or more in net assets
Singapore’s ultra-wealthy population surged to 1,400 individuals ... which is lifting GDP as well as stock and property markets. ( read original story ...)
Homeowner’s horror as estate agent accidentally posts picture showing his NAKED BODY onto a property website… but can YOU spot it?
A homeowner in Singapore was horrified to see his naked body on a property listing site after taking a photo of his room while undressed. For months, neither the homeowner or his agent was aware that the x-rated picture had been posted online until ... ( read original story ...)
Singapore remains a top choice for property investment
SINGAPORE remains a favoured destination for property investments among the world's ultra-wealthy, taking the fifth spot based on an overall global ranking by Knight Frank. In the property consultancy's Wealth Report 2018, Singapore is the third most ... ( read original story ...)
Pros and cons of repaying your mortgage before the loan tenure is up
Home loan interest rates have been at historical lows since 2008, after the Global Financial Crisis. However, interest rates have been steadily climbing. Remember that the historical interest rate for Singapore home loans is close to four per cent ... ( read original story ...)
Singapore’s online property network Soho raises US$1.3M to grow its headquarters
The startup, led by founder Jonathan Lui, has raised S$2.75 million (US$2 million) to date Soho’s founder Jonathan Lui In a small and competitive real estate market that is being fought over by two rival property marketplaces 99.co and PropertyGuru ... ( read original story ...)
Property Soul Meet the Blogger Session
In April 2014, our second Meet the Blogger session was held in the small lecture theatre at Marketing Institute of Singapore. I used the occasion to launch my new book No B.S. Guide to Property Investment and officially announce the setup of Property Club ... ( read original story ...)
Rental Guide 2018: Top 5 Most Expensive Estates To Rent A HDB Flat In Singapore
As Singapore residential property prices look set to rebound following several years of decline, since its peak in 2013, many may expect rental prices to follow suit. While the rationale for this may be simple – higher property price must equate to ... ( read original story ...)
Inside one of Singapore’s strangest homes
From street level, number 2 Wilby Road in Singapore’s affluent Bukit Timah seems, if anything, nondescript compared to its grandiose neighbours. Foliage tumbles from the front garden over a wooden fence, while an unkempt, once-white pillar modestly bears ... ( read original story ...)
Singapore government increases stamp duty on high-end residential properties
The Singaporean government has increased the top marginal Buyer’s Stamp Duty (BSD) rate for residential properties to 4% to ensure that Singapore’s “tax system remains progressive”. The tax will be applicable on the portion of residential property ... ( read original story ...)
Singapore swing: pent-up demand boosts property prices
As its housing market testifies, Singapore — often hailed as the beacon of Asian free-market capitalism — is a tightly controlled economy. That the government has been able to preside over a boom in private house prices without an unaffordability ... ( read original story ...)
Hats off to Singapore for raising taxes
Singapore is moving boldly, and wisely, in a different direction. The government is raising levies on property, goods and services, carbon and certain imported services. Not radically, but assertively nonetheless. A stamp duty rise to 4% from 3% applies ... ( read original story ...)
Singapore’s City Developments focuses on fund management
City Developments, under former CEO Grant Kelley, entered into fund management through three property investment programs, called "Profit Participation Schemes," totaling 3.5 billion Singapore dollars ($2.6 billion). Now Kwek will take the big leap forward. ( read original story ...)
Singapore’s UOL eager to bulk up overseas property portfolio
SINGAPORE -- Local real estate developer UOL Group is keen to buy more properties overseas, especially in London, as part of an effort to slowly diversify its portfolio. "We are Singapore-centric, but moving forward, we want to move a little bit of our ... ( read original story ...)
Ex-property agents plead guilty to illegal short-term rentals
Nonetheless, she revealed that the company is committed to working with the government in finding a legislative solution that suits the city-state. Interested in renting a property in Singapore? Check out our collection of guides. ( read original story ...)
Singapore January bank lending falls 0.2 pct m/m
SINGAPORE, Feb 28 (Reuters) - Singapore’s total bank lending in January fell 0.2 percent from December, on the back of lower loans to businesses, central bank data showed on Wednesday. Loans and advances by domestic banking units in the city-state ... ( read original story ...)