Will rising Development Charge affect property prices?

Development Charge (DC) in Singapore has been going up in several areas. The latest hike occurred February this year. This isn’t usually the sort of thing average Singaporeans pay attention to since it’s the property developers who pay such fees. ( read original story ...)

Singapore lords over world’s most expensive cities

A private car could set a buyer back by SGD70,000 (USD53,000) in Singapore. Prices of high-end property in the city could double by 2025, “assuming the government intervention won’t be too drastic,” according to Alex Schlaen, CEO of Panache ... ( read original story ...)

Prime cities’ property markets are being ignored for Singapore

Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery. Even if the New Futura (48 units sold out of 64 units) is the only major project launched so far in 2018, sales momentum has been surprisingly strong for a luxury residential ... ( read original story ...)

Malaysia shares rise, Singapore equities fall after Fed outcome

Malaysia's FBM KLCI index rose 0.6% to 1,876.87, the highest in three years, while Singapore's Straits Times Index declined 0.6% to 3,491.37, after the Fed raised interest rates by a quarter percentage points as expected. The U.S. central bank's policy ... ( read original story ...)

VP Bank to double headcount in 3 years

VP Bank, a Liechtenstein-based bank, will be upgrading its Singapore subsidiary to a full branch in a bid to capture Asia’s appetite for credit. VP Bank Singapore, which has about 50 employees, plans to double its headcount within three years. ( read original story ...)

London continues to hold sway over affluent Singapore investors

The property market of London is a hot favourite with Singapore’s affluent investors. About 97,000 properties in England and Wales are owned by overseas firms, and Singapore is among the top 10 countries owning properties. The BBC made this analysis ... ( read original story ...)