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Tag: mortgage

Posted on 07/08/2025

Singapore developers seen holding back on land bids

Some may form joint ventures for big projects to cut risk. Singapore property developers are unlikely to bid aggressively for upcoming land sales, weighed down by elevated construction costs, tighter ... ( read original story ...)

Posted on 06/08/2025

SG60: Property valuation amid growing real estate sophistication

THE SG60 Singapore real estate market is a mature one, marked by a large number of buyers and sellers, landlords and tenants, financiers, lawyers, appraisers and brokers; considerable data ... ( read original story ...)

Posted on 06/08/2025

Rising Singapore interest rates sting mortgage borrowers

Assuming the mortgage rate is now re-set to 1.68 percent based on current Sibor levels, the repayment would increase by roughly S$50, said Wayne Quek, a Singapore-based mortgage consultant. ($1 ... ( read original story ...)

Posted on 05/08/2025

Singapore billionaire linked to corruption case pleads guilty, granted judicial mercy

Property tycoon Ong Beng Seng pleaded guilty to one charge of obstructing justice on Monday in a landmark corruption case that led to the jailing of former ... ( read original story ...)

Posted on 05/08/2025

Singapore’s CapitaLand Integrated to acquire remaining stake in Glory Office Trust

Singapore's CapitaLand Integrated Commercial Trust said on Tuesday that it will buy the remaining 55% stake in Glory Office Trust from CapitaLand Development and Mitsubishi Estate on an agreed ... ( read original story ...)

Posted on 04/08/2025

CapitaLand Ascendas Reit posts 0.6% drop in H1 DPU to 7.477 Singapore cents

SINGAPORE] INDUSTRIAL property player CapitaLand Ascendas Reit’s (Clar) distribution per unit (DPU) fell 0.6 per cent for the half-year ended June to S$0.07477, on the back of an enlarged unit base. ( read original story ...)

Posted on 04/08/2025

Singapore property tycoon linked to jailed minister pleads guilty

Property tycoon Ong Beng Seng pleaded guilty to one charge of obstructing justice on Monday in a landmark corruption case that led to the jailing of former transport minister S. Iswaran last year. ( read original story ...)

Posted on 04/08/2025

Who is Ong Beng Seng, the tycoon involved in the Iswaran graft scandal?

SINGAPORE] Ong Beng Seng, the billionaire property tycoon embroiled in the corruption case involving former transport minister S Iswaran and the Formula 1 night race, has pleaded guilty to abetting ... ( read original story ...)

Posted on 04/08/2025

Property Mogul’s Guilty Plea in Landmark Singapore Corruption Case

Ong Beng Seng, a prominent property tycoon, pleaded guilty to obstructing justice in a significant corruption case in Singapore. He received judicial mercy due to a chronic illness. His case is linked ... ( read original story ...)

Posted on 04/08/2025

Singapore’s billionaire Kwek Leng Beng to expand CDL’s hotel count to 500 globally

Singaporean billionaire Kwek Leng Beng plans to expand his company City Developments Ltd’s hotel portfolio to 500 globally in the coming years as the recent boardroom feud cools. ( read original story ...)

Posted on 03/08/2025

CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500

SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts ... ( read original story ...)

Posted on 03/08/2025

$3b money laundering case: MinLaw names 6 law firms taken to task over involvement in property deals

Five lawyers have been referred to the Law Society for potential disciplinary action. Read more at straitstimes.com. Read more at straitstimes.com. ( read original story ...)

Posted on 03/08/2025

Singapore’s 60% Property Tax for Non-Citizens Is the World’s Highest

April 28, 2023 Singapore’s 60% Property Tax for Non-Citizens Is Now the Highest in the World Prospective homeowners should be prepared to fork out 60 percent for stamp duty. ( read original story ...)

Posted on 02/08/2025

Billion-dollar money laundering case: 4 law firms linked to seized properties named, 2 more identified and reprimanded

Five lawyers involved in the conveyancing of the seized real estate properties have also been referred to the Law Society for possible professional disciplinary action. ( read original story ...)

Posted on 30/07/2025

Singapore’s gravity-defying property prices hurt productivity …

SINGAPORE’S property market continues to defy gravity. Office rents climbed 3.1 per cent in the second quarter, according to data from the Urban Redevelopment Authority, even though the stock of ... ( read original story ...)

Posted on 30/07/2025

Hotel Properties looks to redevelop certain Singapore properties via possible joint ventures

Hotel Properties said on Tuesday that several parties have approached the company for the redevelopment of its Forum The Shopping Mall property and adjacent land, which includes the voco Orchard ... ( read original story ...)

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