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 ...)
Two Singapore property agents plead guilty to illegal Airbnb rentals
Two Singaporean men pleaded guilty Tuesday to letting out flats on Airbnb without official permission, the first such case in the city state under new rules against short-term rentals. Housing is a sensitive issue in rich but land-starved Singapore where ... ( read original story ...)
Refinancing Your Home Loan in Singapore – Guide to Saving On Your Mortgage 2018
If your home loan is currently charging you more than 2% interest, you might be paying more than you need to, and should definitely consider refinancing. Refinancing your home loan in Singapore means reducing your monthly repayment amount by switching to a ... ( read original story ...)
Property: Refinancing your mortgage loan
The biggest reason for refinancing your home mortgage loan would be because the market rates have been, and will, increasing. The US Federal Reserve is set to continue hiking its rates for the foreseeable future, and the Singapore Interbank Offered Rate ... ( read original story ...)
Singapore’s Central Bank Gets Tightening Trigger From Budget
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Singapore Property Stocks Fall on Higher Tax for Home Purchases
Singapore’s property stocks fell, leading declines on the benchmark Straits Times Index as the government raised taxes on home purchases that are worth more than S$1 million ($761,600) after housing prices rebounded from a four-year slump. UOL Group Ltd ... ( read original story ...)
Singapore won’t cane suspected bank robber sought from UK
Singapore has agreed not to cane a man accused of carrying out a rare bank robbery in the city-state if Britain extradites him to face charges, officials said Tuesday. David Roach, a Canadian citizen, is wanted in Singapore for allegedly stealing Sg$30,000 ... ( read original story ...)
32,000 households are in mortgage of 3 months or more
A drop in household income and prolonged unemployment or illness are among the common reasons why Singapore households fall into mortgage arrears, revealed the Ministry of National Development. Notably, out of the 405,000 households with outstanding ... ( read original story ...)
Singapore Budget 2018: Singapore property stocks fall on higher stamp duty for home buyers
SINGAPORE (BLOOMBERG) - Singapore property stocks declined on Tuesday (Feb 20) after the Government raised taxes on home purchases of more than S$1 million, just as the housing market started to recover from a four-year slump. UOL Group and City ... ( read original story ...)
Singapore Budget 2018: Impact of buyer’s stamp duty
The S$1.99 million increase translates to nearly 1 per cent of the property price. Under a drive to make Singapore's tax system more progressive, Finance Minister Heng Swee Keat annnounced on Monday that the top marginal BSD rate would be raised from 3 per ... ( read original story ...)
RPT-Higher home buyer tax seen cooling Singapore’s collective sales frenzy
SINGAPORE, Feb 19 (Reuters) - Singapore’s move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state’s recovering property market, analysts said. From Tuesday, the wealthy ... ( read original story ...)
Higher home buyer tax seen cooling Singapore’s collective sales frenzy
SINGAPORE, Feb 19 (Reuters) - Singapore’s move on Monday to raise stamp duty on expensive home purchases is likely to dampen the recent wave of redevelopment sales in the city-state’s recovering property market, analysts said. From Tuesday, the wealthy ... ( read original story ...)
Design extraordinaire Chantal Hamaide curates Singapore furniture showcase
The long-running International Furniture Fair Singapore (IFFS) has booked influential French designer Chantal Hamaide to curate its maiden Carte Blanche showcase. The fair, along with co-located shows, the 35th ASEAN Furniture Show and NOOK Asia 2018 ... ( read original story ...)
Frasers Property to acquire German, Austrian logistics assets for 285.2m euros
SINGAPORE - Frasers Property is set to acquire 22 logistics and light industrial assets in Germany and Austria mainly owned and managed by developer Alpha Industrial for 282.5 million euros ($285.2 million). The assets include 16 completed logistics and ... ( read original story ...)
Transparent property agent transactions and ratings will soon become the norm in Singapore
Choosing a new restaurant to try (or even a hotel for your upcoming trip) is pretty simple. Just head over to Tripadvisor, and you’ll get access to thousands of ratings and reviews at your fingertips. Choosing a property agent to work with, on the other ... ( read original story ...)