Tag: mortgage

An elderly man sent about US$5.3 million (S$7 million) to multiple accounts over more than a year, after he was told he could claim a purported inheritance of property in Singapore.The scammers then ... ( read original story ...)

Some foreign high-net-worth individuals may rent first, apply for permanent residency, then buy a property to get lower additional buyer’s stamp duty rates, say observers. ( read original story ...)

With the latest cooling measures doubling the Additional Buyer’s Stamp Duty (ABSD) for foreigners, and Singaporeans and permanent residents paying ... ( read original story ...)

Henry Chin of CBRE says Singapore residential and commercial real estate rents have risen substantially, but things are "bottoming out" for Hong Kong. ( read original story ...)

A new set of cooling measures is upon us, and as has been typical for the past few – it was announced at a time close to midnight so that no one has any time to react.So the big news. ABSD rates have ... ( read original story ...)

Singapore's private property prices rose in the first quarter, official data showed on Friday, slightly higher than the flash estimate, reinforcing a months-long robust demand that has forced ... ( read original story ...)

Singapore's private residential property price index rose 3.3%% in the first quarter, compared with 3.2% in the flash estimates, and much higher than the 0.4% increase in the previous quarter. Rentals of private residential properties increased by 7. ( read original story ...)

Singapore home prices rose for a 12th straight quarter, bucking a global housing slowdown and prompting authorities to raise property taxes on foreign buyers to cool the market. ( read original story ...)

Singapore’s move to double property taxes for foreigners signals that policy makers are growing more cognizant of surging money inflows from wealthy Chinese, even though the higher rates are unlikely ... ( read original story ...)

Teck, senior director and head of research at Huttons Asia, about the additional buyer's stamp duty announced by the government on Wednesday (Apr 26) night for foreigners and Singaporeans buying their second or subsequent residential property. ( read original story ...)

STORY: Singapore has shocked property buyers, with a move to effectively freeze out foreigners. In a surprise move late Wednesday (April 27), stamp duties for overseas buyers were doubled to 60%. One ... ( read original story ...)

Foreigners who have secured permanent residency in Singapore will only pay a stamp duty of 5 per cent, but they will pay 30 per cent — up from 25 per cent — if they buy a second residential property. ( read original story ...)

Singapore raised levies on private property purchases in a surprise move late on Wednesday night to cool the market, including a doubling of stamp duties for foreigners to an eye-watering 60%. Liu's ... ( read original story ...)

Both local and foreign buyers of residential properties will now have to pay higher additional buyers' stamp duties, which will take effect from today. ( read original story ...)

Higher mortgage rates, property tax and inflation have already caused home buyers and investors to hold back – so why another round of cooling measures? Real estate consultant Ku Swee Yong weighs in. ( read original story ...)

The city-state’s real estate sector has remained buoyant even as other countries face slowdowns because of soaring interest rates and inflation. ( read original story ...)