Tag: mortgage

SINGAPORE - In May 2017, listed property group Wing Tai Holdings, together with privately held Wing Tai Investment, made an unconditional takeover offer for Wing Tai Malaysia (WTM) at RM1.80 per share ... ( read original story ...)

SINGAPORE: Figures released by the Department of Statistics (SingStat) on Monday (Feb 26) show that household debt and mortgages grew by one per cent compared to the same period in 2022. This growth ... ( read original story ...)

Household liabilities grew 1 per cent in Q4, reversing three quarters of y-o-y declines. Read more at straitstimes.com. ( read original story ...)

The Government can do more to make Singapore an affordable place to live in, said MP Yip Hon Weng in Parliament on Monday (Feb 26). He spoke on four areas. First, transport. Mr Yip said skyrocketing ... ( read original story ...)

Singapore's United Overseas Bank, or UOB, on Thursday cut its 2024 loan growth projections to low single-digits from mid-single digits after posting a stronger-than-forecast 22% jump in fourth quarter ... ( read original story ...)

With the adjustment in AV bands, Morgan Stanley expects a 20%-30% lower property tax in 2025. “Property taxes are calculated based on AVs – referring to estimated rents – with progressively higher tax ... ( read original story ...)

Property owners and buyers take note – the Additional Buyer's Stamp Duty (ABSD) concession will now be extended to single Singapore citizens aged 55 and above. This will help support seniors who wish ... ( read original story ...)

China cut the benchmark reference rate for mortgages at a monthly fixing on Tuesday by more than expected, as authorities ramped up efforts to stimulate credit demand and revive the property ... ( read original story ...)

China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks’ improving net interest margins give authorities some leeway to use monetary stimulus to ... ( read original story ...)

You are subjected to the MSR (30%) when buying HDB flat and first-hand EC, while the TDSR (55%) is applied for financing private properties. ( read original story ...)

China's central bank left a key policy rate unchanged as expected on Sunday when rolling over maturing medium-term loans, with uncertainties around the timing of an easing by the Federal Reserve ... ( read original story ...)

With World Pangolin Day on Feb 17, The Straits Times takes stock of national efforts to save the animal. Read more at straitstimes.com. ( read original story ...)

SINGAPORE: Deputy Prime Minister Lawrence Wong on Friday (Feb 16) announced several financial measures to help both Singaporeans and businesses in his Budget speech.  These included more payouts to ... ( read original story ...)

The lowest threshold will be raised from $8,000 to $12,000 and the highest band from over $100,000 to over $140,000 from 2025. Read more at straitstimes.com. ( read original story ...)

SINGAPORE — Some home owners will pay less property tax when the annual value (AV) bands for owner-occupied properties are raised next year. ( read original story ...)

Singapore will raise the threshold for property tax payments and lower a penalty imposed on developers that don’t sell projects in time, underscoring concerns about the slowing real estate market and ... ( read original story ...)