Tag: mortgage

Singapore home prices rose for a second straight quarter, reinforcing signs the city-state’s property market is emerging from a four-year slump. An index tracking private residential prices rose 0.7 percent in the three months ended Dec. 31, building on ... ( read original story ...)

A fugitive Vietnamese intelligence officer wanted in his homeland for allegedly disclosing state secrets has been arrested in Singapore, his lawyers said on Tuesday. Phan Van Anh Vu, who is also a property developer, was detained on Thursday at a border ... ( read original story ...)

Singapore's private home prices had recorded their first quarterly rise in four years in the third quarter. - Private residential property prices declined for 15 straight quarters from the fourth quarter of 2013 to the second quarter of 2017, the longest ... ( read original story ...)

The three-month Singapore Interbank Offered Rate (Sibor) – the benchmark rate for most residential property loans here – has risen from 0.969 per cent on Jan 3, to 1.212 per cent as of the middle of this month. It is expected to go up further ... ( read original story ...)

In Singapore, it appears that pets are currently regarded as personal property, with some focus placed on their well-being. This is reflected in the 2011 case of Tan Huey Kuan (alias Chen Huijuan) v Tan Kok Chye, which involved a dispute over the ... ( read original story ...)

SINGAPORE - Bank lending in Singapore rose 0.6 per cent in November from the previous month, preliminary data from the Monetary Authority of Singapore on Friday (Dec 29) showed. This was weaker when compared with the 1.4 per cent monthy-on-month gain in ... ( read original story ...)

The Monetary Authority of Singapore (MAS), the country’s de facto central bank, has become the latest financial watchdog to issue a warning on the risks of investing in cryptocurrencies. Citing the recent “speculative” escalation in prices across ... ( read original story ...)

DBS Bank, OCBC Bank and United Overseas Bank (UOB ... In October, less than two months ago, the rate was 1.68 per cent. The three-month Singapore interbank offered rate (Sibor), the benchmark interest rate to which home loans are pegged, has climbed ... ( read original story ...)

SINGAPORE (Reuters) - Singapore’s central bank issued a warning against investment in cryptocurrencies on Tuesday, saying it considers their recent price surge to be driven by speculation and that there is a risk investors could lose all their capital. ( read original story ...)

SINGAPORE (Reuters) - Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory ... ( read original story ...)

Singapore’s property market is on the verge of an uptrend, according to Morgan Stanley. Analysts at Morgan Stanley expects Singapore’s property prices to climb by as much as eight percent in 2018. Along with other research houses, Morgan Stanley ... ( read original story ...)

SINGAPORE, Dec 15 (Reuters) - Singapore’s central bank announced a new measure on Friday aimed at preventing individuals from accumulating excessive unsecured debts. The step will cap the additional unsecured credit that a financial institution can ... ( read original story ...)

as well as Singapore property developer and investment holding company Centra Cove for a cash consideration of US$12 million (S$16.2 million). Deka Singapore A Pte Ltd has sold Chevron House, a 32-storey commercial development with 27 levels of office ... ( read original story ...)

an economist at DBS Group Holdings Ltd. in Singapore who predicts a rate increase this week. “Given the expansionary fiscal policy and strong investment growth, a rate hike is probably warranted to prevent overheating risks.” The central bank adopted ... ( read original story ...)

The only recent piece of analysis that leaves much food for thought is Ku Swee Yong’s three-part articles on Big Singapore Market Upgrade – Hype or Reality? where he questions Morgan Stanley’s remarks about “property prices on track to double by ... ( read original story ...)

SINGAPORE (Reuters) - Singapore slightly lowered the amount of land it plans to sell for private housing in the first half of 2018 as the government seeks to strike a balance between a potential future glut of residential units and current demand from ... ( read original story ...)