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Tag: mortgage

Posted on 08/12/2023

Close to two-thirds of home owners with Sibor mortgages yet to switch as deadline looms

ABS said around 30,000 Sibor-based home loan borrowers have switched to alternative packages. Read more at straitstimes.com. ( read original story ...)

Posted on 07/12/2023

Woman who bought $18.68M GCB loses lawsuit against property agency

SINGAPORE: A High Court judge dismissed a woman’s negligent misrepresentation suit on Dec 5 after... The post Woman who bought $18.68M GCB loses lawsuit against property agency appeared first on The I ... ( read original story ...)

Posted on 06/12/2023

Woman who bought $18.68m GCB loses lawsuit against property agency over seller’s brochure

The High Court said any false impression that the entire land area could be redeveloped was a “misimpression on her part”. Read more at straitstimes.com. ( read original story ...)

Posted on 06/12/2023

3 sisters sue younger brother over property left by father, win equal shares

SINGAPORE — Three sisters sued their younger brother for their share of a property that had been used to run the family's hardware business since 1985, after their father died and left his only son as ... ( read original story ...)

Posted on 06/12/2023

Three sisters sue younger brother over property left by father, win equal shares

SINGAPORE: Three sisters sued their younger brother for their share of a property that had been used to run the family's hardware business since 1985, after their father died and left his only son as ... ( read original story ...)

Posted on 05/12/2023

Up to 100% Property Tax Hike in 2024, Updates on the HDB BTO Dec 2023 Launch, and More

The government will hand out a one-off property tax rebate of up to 100% for owner-occupied homes next year to cushion the expected hike in property taxes. Meanwhile, Singapore will embark on a ... ( read original story ...)

Posted on 29/11/2023

MAS: More households may face rising mortgage rates next year

SINGAPORE: The Monetary Authority of Singapore (MAS) has cautioned that more Singapore households may encounter... The post MAS: More households may face rising mortgage rates next year appeared first ... ( read original story ...)

Posted on 29/11/2023

Singapore household debt drops to lowest in over a decade

SINGAPORE: Singaporeans are reducing their debt levels as high interest rates discouraged them from taking new loans and healthy income growth helps them pay off their obligations, the central bank ... ( read original story ...)

Posted on 29/11/2023

Property agent convinced 80yo woman to set up joint bank account with him containing S$462,300 in sale proceeds

SINGAPORE: A property agent who sold a condominium unit for an 80-year-old woman convinced her to set up a joint bank account with him containing the S$462,300 in sale proceeds. 58-year-old Louiis ... ( read original story ...)

Posted on 24/11/2023

Singapore Property Market 2024: What Can You Expect? Watch Our Webinar

Wondering how the Singapore property market will look like in 2024? Our property experts sit down and discuss all your burning homebuying and home-financing questions. ( read original story ...)

Posted on 24/11/2023

These were the key drivers of Singapore’s hefty S$7b property investments in Q3

Find out some key deals in the public and private sectors. The real estate investment market in Singapore recorded S$7.07 billion worth of deals in the third quarter of 2023, double the S$3.54 billion ... ( read original story ...)

Posted on 24/11/2023

Singapore records highest quarterly completion of new residential units in 23 years

There were over 8,500 units completed in Q3, bringing the total stock to 406,000. According to a report from Savills, Singapore’s private residential property market saw an addition of 8,517 newly ... ( read original story ...)

Posted on 23/11/2023

Singapore’s private home rents ‘plateau’; predicted to decline next year: Report

SINGAPORE: Due to economic uncertainties and an increase in home supply, the rent for private homes has started to hit a plateau, according to a report by Savills Singapore. The consultancy said in ... ( read original story ...)

Posted on 23/11/2023

Singapore oil trader OK Lim’s luxury bungalow sold below guide price

A property in Singapore owned by Lim Oon Kuin, founder of collapsed oil firm Hin Leong Trading Pte., has sold for below S$26.5 million ($19.8 million). ( read original story ...)

Posted on 20/11/2023

4 reasons Singapore’s housing market is not about to collapse

Singapore's housing market was bound to slow significantly after undergoing a boom in recent years, but there is no indication a steep decline is on the way Moreover, the government has the policy ... ( read original story ...)

Posted on 20/11/2023

From SIBOR to SORA: What you should know about the upcoming change in home loan interest rate benchmarks

The Singapore Overnight Rate Average (SORA) will soon replace the Singapore Interbank Offered Rate (SIBOR) – what does this mean for your mortgage? ( read original story ...)

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