Woes concerning oil and gas are also not over. Whilst there is general optimism seen in the ASEAN banking sector, Singapore banks will continue to face challenges and remain under pressure. According to BMI Research, Singapore banks will continue to face a ... ( read original story ...)
HDB loan vs bank loan
However, CPF rates do not change often. For bank loans, things get a bit more complicated. Bank loans can be based on the Singapore Interbank Offered Rate (SIBOR), Swap Offer Rate (SOR), or a bank’s Internal Board Rate (IBR), of which Fixed Deposit Home ... ( read original story ...)
News Roundup (April 2017)
Our top Singapore property stories. Is Singapore’s housing market on the road to recovery? The recovery in Singapore’s residential property market appears to be gathering pace following a protracted downtrend, revealed a CNBC report. The inflection ... ( read original story ...)
Should Singaporeans Be Grateful for Property Cooling Measures?
Singapore’s Second Minister for Finance Lawrence Wong said in a Bloomberg TV interview that the government hasn’t “made any movement in the budget” to relax the property cooling measures because “demand remains very resilient” and “property ... ( read original story ...)
World Bank targets Singapore retail investors
SINGAPORE, April 10 (IFR) - The International Bank for Reconstruction and Development, or World Bank, is exploring a potential issue of retail bonds in Singapore to boost interest in sustainable development bonds and tap the affluent population. In a ... ( read original story ...)
Is Singapore’s housing market on the road to recovery?
The recovery in Singapore’s residential property market appears to be gathering pace following a protracted downtrend, reported Asia One. The inflection point in prices is expected to come “very soon”, said Cushman & Wakefield’s Managing Director ... ( read original story ...)
Is Singapore’s property market headed for a quick upswing?
After a long, plodding downtrend, Singapore's housing market may be gathering forces for a rebound. Sigrid Zialcita, managing director for Asia Pacific research at Cushman & Wakefield, told CNBC's "The Rundown" last week that she expected a turning point ... ( read original story ...)
Asia Property Awards 2017 programme revamped to include 14 markets
Country winners from the aforementioned 14 markets advance to the seventh annual PropertyGuru Asia Property Awards grand final in Singapore on 7-8 November to compete for regional titles and be crowned the "best in Asia" in 2017. Last year's grand final ... ( read original story ...)
Singapore Property Developers Have a New Headache
Singapore’s recent unwinding of some property curbs, which initially appeared to boost prospects for developers, may instead be creating new problems. After regulators closed a tax loophole that allowed developers to offload apartments in bulk to ... ( read original story ...)
Time to rethink investment in residential property
With Singapore's economy still weak, and property cooling measures still largely in place, potential investors are rightly apprehensive about prospects for real estate. On March 10, 2017, the government made a surprise announcement that the seller's stamp ... ( read original story ...)
Singapore February bank lending rises to S$627.4 billion, up 1.7 percent m/m
SINGAPORE (Reuters) - Singapore's total bank lending in February rose as lending to financial institutions, general commerce as well as building and construction increased, central bank data showed on Friday. Loans and advances by domestic banking units in ... ( read original story ...)
Inside Singapore's most extravagant homes, where fortunes are at stake
The outlook for Singapore's most exclusive properties is leaving property analysts and top agents at odds as market conditions and initial data points paint a conflicting picture. Statistics collated by Singapore's Urban Redevelopment Authority and data ... ( read original story ...)
Investments in Singapore Property Assets Rise: ETF in Focus
Singapore is seeing a surge in investments in property assets. Foreign investments in the country’s property assets rose to $4.1 billion in 2016, an increase of 441% year on year. The major component of this investment was the Qatar Investment Authority ... ( read original story ...)
Sotheby's International Realty opens in Singapore
Leong Boon Hoe, Chief Operating Officer of List Sotheby’s International Realty, Singapore. Capitalising on Singapore’s position as a financial hub and the growing number of affluent individuals in the Southeast Asia region, Sotheby’s International ... ( read original story ...)
Singapore investors shun real estate deals in home market
Domestic investment in Singapore real estate fell 16 percent in 2016, according to JLL. Unlike other countries in the Asia Pacific, Singapore saw domestic real estate investment drop 16 percent in 2016, while inbound investment surged 441 percent from ... ( read original story ...)
Why you shouldn't rush to buy property after the easing of property cooling measures
Since 2009, the government has been trying to rein in property prices in Singapore. To this end, they introduced a slew of cooling measures - eight in total - including the ABSD (Additional Buyer's Stamp Duty), the SSD (Seller's Stamp Duty) and the TDSR ... ( read original story ...)