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 ...)
MAS proposes to increase insurance coverage on bank deposits to $100,000 from $75,000
The proposed change will result in 91 per cent of all depositors being fully covered by deposit insurance. Read more at straitstimes.com. ( read original story ...)
East Vs. West of Property Investing. Will the Two Meet?
US real-estate investment trusts prefer internal managers, but Asian REITs mostly outsource the job. A Singapore activist investor is pushing for convergence. ( read original story ...)
CNA Explains: Renting a black-and-white house in Singapore
In the last six months, two black-and-white bungalows in Singapore were rented for more than S$30,000 per month. ( read original story ...)
Housing Affordability in 2023: Is Singapore Property Truly Unaffordable?
Housing affordability in Singapore has been a hot topic. In an article published in The Business Times, Dr Lee Nai Jia, Head of Real Estate Intelligence, Data and Software Solutions, PropertyGuru ... ( read original story ...)
Seven arrested for allegedly selling, renting Singaporean bank accounts to scammers
Seven men have been arrested for their alleged involvement in various scams including fake friend calls, investments, jobs, and the impersonation ... ( read original story ...)
‘Add’ these three property names as Singapore releases highest residential land supply since 2013: CGS-CIMB
With the government releasing the highest residential land supply since 2013, CGS-CIMB Research analyst Lock Mun Yee remains “neutral” on the property development and investment sector. ( read original story ...)
Singapore Is Now the Most Expensive City in the World for Luxury Lifestyles
According to the report, things such as owning cars and premiums on health insurance are more expensive in Singapore than anywhere else in the world. The above-mentioned are part of 12 other consumer ... ( read original story ...)
Singapore bargain-hunters target distressed Chinese properties
Sales of Chinese distressed properties, including office buildings and factories, hit a quarterly record of $1.93bn in the last three months of 2022, according to MSCI, up 14 per cent from the same period a year earlier and 73 per cent higher than in 2019, the first year it tracked such data. ( read original ...
Singapore Is the World’s Most Expensive City for Luxury Living, a New Report Says
“High living standards and ballooning demands on local infrastructure mean life here does not come cheap,” the report said of Singapore. “Residential property is in extremely high demand, and punitively taxed cars and essential health insurance are ... ( read original story ...)