The government will monitor the market and give another property tax rebate next year if necessary, says Deputy Prime Minister Lawrence Wong. ( read original story ...)
Singapore new private home sales more than double in January after resumption of launches
SINGAPORE: New private home sales in Singapore more than doubled in January from a month earlier after the resumption of property launches. Excluding executive condominiums (ECs), developers sold 281 ... ( read original story ...)
Singapore property investment sales could rise by 15% in 2024
Recovery is expected to kick in in the second half of the year. According to CBRE, 2023 witnessed a stalemate between buyers and sellers arising from mismatched price expectations. This led to real ... ( read original story ...)
Real estate agent lied to elderly client to set up joint bank account, withdrew $20k of her money
SINGAPORE - A former real estate agent ... In November that year, Tan and the woman set up a joint bank account to deposit the proceeds. Deputy Public Prosecutors Rimplejit Kaur and Mark Chia stated ... ( read original story ...)
Singapore home sales off to the slowest start since 2009
Singapore home sales posted the weakest January sales since 2009, adding to signs that the property boom is fading. ( read original story ...)
A year’s jail for woman who cheated three victims of nearly $85,000 in false property investments
Kamsaton Rohani had cheated her client of more than $26,000 in 2018 and served 11 months' jail in 2020 Read more at straitstimes.com. ( read original story ...)
PropertyGuru calls for reduction of 15-month wait period, tweak ABSD, Property tax revenue to increase $600 million in 2024 and more
In its budget wish list 2024, PropertyGuru has urged the government to reduce the 15-month wait for private property downgraders and withhold the Additional Buyer’s Stamp Duty (ABSD) for Singaporean ... ( read original story ...)
Best bank offers in Singapore 2024: $88,888 e-angbao giveaway, 10% off flights worldwide, and more
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ... ( read original story ...)
Singapore rejects first major land bid since 2011
Singapore rejected a bid for a prime state land parcel for the first time in more than a decade, judging it to be too low.The Urban Redevelopment Authority rejected the sole S$770 million (US$573 ... ( read original story ...)
Singapore rejects major land bid for first time in over a decade
Singapore rejected a bid for a prime state land parcel for the first time in more than a decade, judging it to be too low. ( read original story ...)
Hong Kong, Singapore prime property prices to see big declines as high rates weigh on sentiment: Savills
Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent ... ( read original story ...)
Asean property stocks: Positioning for falling interest rates in 2024
AS THE interest rate cycle turns this year, we see opportunities arising among property stocks across Asean including Singapore. Read more at The Business Times. ( read original story ...)
Singapore passes law to hold ‘dangerous offenders’ beyond prison terms
Singapore on Monday passed a law to hold "dangerous offenders" indefinitely, even after they complete their jail sentences. ( read original story ...)
Singapore shares sink on Monday after Powell signals slower-than-expected rate cuts; STI down 1.4%
SINGAPORE shares ended Monday (Feb 5) in the red, after United States Federal Reserve chair Jerome Powell said the Federal Open Market Committee is unlikely to make a rate cut in March. Read more at ... ( read original story ...)
Singapore jails helper who stole more than US$30,000 from employer with dementia
Albertina Kallu remitted the entire amount to her bank account in Indonesia and spent it all, including on building a house, the court heard. ( read original story ...)
Why a soft landing for Singapore property might be no landing at all
Why Singapore’s residential property market is not about to hit the skids In the commercial sector, rents for grade A offices in Singapore’s central business district (CBD) declined last quarter, on a ... ( read original story ...)