Singapore Property Firm Switches Bets from China to Europe

Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group Ltd. is banking on continental Europe to fuel earnings growth. “We expect growth predominantly to come from Europe, but will ... ( read original story ...)

Making Sense of Mortgages: The Problem, and the Opportunity

How does a mortgage originated by a broker in California end up on the books of the Singapore sovereign wealth fund, with the homeowner sending her monthly checks to Ohio? And why does it still take 45 days to close? The entire process is complex ... ( read original story ...)

Singapore’s Ng Brothers Win Holland Road Site With $904M Bid

Singapore’s largest private property developer has been awarded a prime commercial and residential site in Singapore’s upscale Bukit Timah neighborhood. “Holland Village is a much-loved precinct with a distinctive character, heritage, and history ... ( read original story ...)

SRX launches home loan platform

Real-estate services provider SRX has launched a home loan platform that promises to help borrowers ease the task of filling up forms. SRX said yesterday that its myHome Finance service can do that by tapping MyInfo, a service by the Singapore Government ... ( read original story ...)

Property investment: Are potential profits an illusion?

On a more complex level, you can also consider that the rate of inflation (the rising cost of goods) is around 3% in Singapore. Your property loan interest however, is far below this; home loan rates have been below 2% for more than a decade (although the ... ( read original story ...)

Property: Money matters you must know when moving home

... have to pay the Additional Buyers Stamp Duty (ABSD), if the second property is bought under the current property owner’s name. For Singapore citizens, the ABSD is seven per cent of the property price or valuation (whichever is higher). So if you ... ( read original story ...)