Tag: mortgage

reported Singapore Business Review. It noted that while most of this year’s en bloc transactions already priced in a potential six to 18 percent hike in property prices to break even, the new DC rates could add another one to three percentage point to ... ( read original story ...)

The UK remains a popular destination for property investors from Singapore and Hong Kong. London-based estate agency City Docklands Limited recently launched its Asian business, City Docklands Global, with offices in Singapore and Hong Kong. City Docklands ... ( read original story ...)

Property purchase in Singapore can be a challenging process – especially if you don’t have much idea about the country’s real estate market and how things work. The types of properties that will be available for you to buy are dependent on your ... ( read original story ...)

When it comes to safety and security, Singapore's biggest lenders – DBS Bank, OCBC Bank, and United Overseas Bank – trumped all other banks in Asia to become the safest in the region. A report by the Straits Times said the three banks have dominated ... ( read original story ...)

Real estate portal SRX Property has launched the use of aerial video and photography taken by drones to better showcase homes to potential buyers. Its new feature, dubbed X-Drone, will allow prospective buyers, especially those overseas, to visualise the ... ( read original story ...)

“Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” said its head for Asia-Pacific ratings Elena Okorochenko during a conference in Singapore on Wednesday (13 September). SEE ALSO: Hong Kong Finance ... ( read original story ...)

SINGAPORE: Singapore property prices are set to jump 10 per cent by the end of next year, according to United States banking giant Morgan Stanley. The bank’s in-house experts expect private home prices to start rising next month – instead of early next ... ( read original story ...)

The optimistic outlook for the property market is partly due to the slew of en bloc deals since May 2017. Morgan Stanley has released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this ... ( read original story ...)

Four banks are now offering this type of mortgage following the recent drop in interest rates. In a bid to take advantage of Singapore’s recovering property market, four lenders here are now offering three-year fixed-rate home loans, reported the ... ( read original story ...)

Nonetheless, the foreign buyers seem to be slipping out of the driver’s seat, when it comes to Singapore property. More locals are now buying, and they seem to be predominantly owner-occupiers. According to Cushman & Wakefield director Christine Li ... ( read original story ...)

Analysts expect the Singapore economy to grow by 2.5 percent this year, unchanged from their previous forecast, according to a Monetary Authority of Singapore (MAS) survey. For Q3 2017, gross domestic product (GDP) is expected to increase by 3.1 percent. ( read original story ...)

This comes as Singapore developers came out strong in the collective sales market and private land deals, even as foreign developers crowded them out in government sales of residential sites, the report said. SEE ALSO: Developers pay more for sites amid ... ( read original story ...)

Some large Singapore developers, which are diversified across asset classes and markets, are sitting on small residential inventory compared to their smaller peers after years of derisking their residential portfolio in response to property cooling measures. ( read original story ...)

These areas include Paya Lebar Road, Jurong West and Woodlands. Tay believes that the higher DC rates reflects the chief valuer’s optimistic outlook for the Singapore property market in the next six months. “(It) gives a strong hint of what can be ... ( read original story ...)

SINGAPORE - Bank lending rose 5.9 per cent year on year in July, slowing from June's 7.6 per cent growth, which was the fastest in more than two years as both business and consumer loans improved. Loans were also higher for the 10th straight month ... ( read original story ...)

SINGAPORE, Aug 31 (Reuters) - Singapore's total bank lending in July fell 0.5 percent from June, due to a decline in loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the city-state amounted to S$632 ... ( read original story ...)