Tag: mortgage

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 ...)

To sip on cocktails from The Other Room’s new secret menu, you’ll first have to try all 30 of its signature drinks Singapore homebuyers have had ... that means you need to fork out more cash in home loan repayments every month. That could explain ... ( read original story ...)

The proportion of foreign property buyers in Singapore remains low, data shows. With the Additional Buyer’s Stamp Duty (ABSD) and strengthening Singapore dollar, foreign demand for homes in Singapore remained muted even as private home sales soared 50 ... ( read original story ...)

Singaporeans account for close to 80 percent of private home buyers here. Local buyers have been driving Singapore’s resurging residential property market, accounting for 77.6 percent of private home buyers during the first seven months of 2017 ... ( read original story ...)

Claims bank is blocking access to evidence in separate case Georgian billionaire Bidzina Ivanishvili sued Credit Suisse Group AG in Singapore, New Zealand and Bermuda, alleging the bank must have known about the actions of a former employee who forged ... ( read original story ...)

The three listed banks in Singapore are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). The banks make up close to 37% of the Straits Times Index (SGX: ^STI) and are loved ... ( read original story ...)

SINGAPORE: India's foreign reserves continue to march to record highs, touching USD 393 billion early this month backed by strong foreign portfolio and investment flows, according to Development Bank of Singapore (DBS). "Strong year-to-date foreign ... ( read original story ...)

Almost exactly 13 years ago, Kwek Leng Beng, the billionaire chairman of City Developments Ltd., then Singapore's biggest builder by market value, did something outlandish. Together with partner AIG Global Real Estate, he launched Sail@MarinaBay, an ... ( read original story ...)

This is according to international property consultant Knight Frank, which has listed Shanghai, Sydney, Singapore, Monaco and Dubai as the top destinations for luxury property investment for the super-rich. Knight Frank’s Prime International Residential ... ( read original story ...)

Singapore is set to host the International Housing Forum (IHF 2017), where about 400 professionals and policy makers from around the world will meet together to share ideas and good practices on planning and providing homes. To be held at HDB Hub on 7-8 ... ( read original story ...)

SINGAPORE: Bank Negara Malaysia on Friday (Aug 18) said that its recent statement which criticised the Singapore Exchange’s (SGX) trading of ringgit futures was meant for Malaysians. In a news conference, Malaysian central bank governor Muhammad Ibrahim ... ( read original story ...)