An analysis of the residential property prices decline in Singapore which was 0.4 percent in the second quarter - a downward shift in trends? The post Analyzing the Decline in Singapore’s Residential ... ( read original story ...)
Singapore-Indonesia QR payment link to be ready by end-2023: Bank Indonesia
The authorities from both sides are working towards a year-end launch in Singapore and Indonesia. Read more at straitstimes.com. ( read original story ...)
Singapore property prices fall for first time since 2020
House prices in the world’s most expensive city have fallen for the first time in three years as measures introduced by the Singaporean government to cool the ... ( read original story ...)
Property developers taking cautious approach to bids for land sites in the CBD: Analysts
SINGAPORE: The cautious approach that property developers are taking in their bids for Singapore's land sites appears to be spreading even to the highly sought-after central business district (CBD), ... ( read original story ...)
Singapore home prices fall for first time in three years
SINGAPORE: Home prices fell for the first time in three years in the second quarter, suggesting the market in Singapore is cooling on the back of the latest property curbs. ( read original story ...)
About 250 property buys a year by foreigners exempted from ABSD under FTA obligations: DPM Wong
AN AVERAGE of 250 property transactions per year from 2018 to 2022 were exempted from the Additional Buyer Stamp Duty (ABSD) imposed on foreign buyers due to a “national treatment” obligation spelled ... ( read original story ...)
Singapore exploring master leases of up to 60 years for black-and-white bungalow estates
THE Singapore Land Authority (SLA) is studying the feasibility of a longer leasehold period – such as 30 or 60 years – for an entire black-and-white bungalow estate, so that a private developer can ... ( read original story ...)
Shanmugam says he rented Ridout Road property to prepare for sale of family home, not profiting from rental
Law and Home Affairs Minister K Shanmugam also said he had taken steps “to deal with any perceived or potential conflict of interest” over his rental of the black-and-white colonial bungalow. ( read original story ...)
Singapore private homes see first quarterly drop in 3 years
Cooling measures, higher interest rates take toll on private residential prices which dropped by 0.4 per cent. Read more at straitstimes.com. ( read original story ...)
Over $500k SLA spent on 26 Ridout Rd was for ‘structural items’ and making property ‘habitable’: Edwin Tong
The cost incurred by the Singapore Land Authority (SLA) for the improvement and maintenance works for 26 Ridout Road was to ensure the property was habitable, said Second Minister for Law Edwin Tong ... ( read original story ...)
Singapore names Deputy Prime Minister Lawrence Wong as chairman of the central bank
The Monetary Authority of Singapore named Deputy Prime Minister Lawrence Wong as Chairman of its Board of Directors effective July 8. ( read original story ...)
Singapore home prices ease slightly for first time since pandemic began – as public housing posts more gains
Private property values slid 0.4 per cent in the second quarter of this year – the first decline since the outbreak of the pandemic. Resale prices for public housing, meanwhile, recorded their 13th ... ( read original story ...)
MAS’ and other central bank moves are massively overrated
EUROZONE and UK interest rate hikes continue, the latter with a surprise 50 basis points in June. Meanwhile, US Federal Reserve chair Jerome Powell has hinted at more hikes ahead. Read more at The ... ( read original story ...)
Dissecting the controversies surrounding the Ministers’ rental of Ridout Road properties from Singapore Land Authority
Opinion: Unraveling questions over rental processes, clearance of land, property improvements, and possible preferential treatment in ministers' rental of Ridout Road properties from Singapore Land ... ( read original story ...)
Buy a S$10 power bank or pay more? Your safety may depend on it, among other things
Cost may be a factor when buying a power bank. But does price correlate with how safe these portable chargers are? The programme Talking Point has some of them stress-tested, with varying results. ( read original story ...)
How to lower property prices in Singapore: More loan curbs or ABSD?
The Additional Buyers Stamp Duty (ABSD) is seen as a core component of cooling measures. Every time prices creep too high, we see the government ramp up ABSD — most recently on April 27, when the ABSD ... ( read original story ...)