When Silicon Valley Bank sought to raise funds to shore up its balance sheet, it triggered a bank run instead. Within 48 hours, SVB had collapsed. ( read original story ...)
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling. Singapore banks’ profits are expected to peak mid-year as they continue to benefit from fatter margins— but headwinds are catching up, and the ... ( read original story ...)
Check property prices, market trends with new analytics tool and 3D interactive map
For a $150 administrative fee, sellers can also list their property on the portal and be assigned an agent to handle buyer inquiries. Read more at straitstimes.com. ( read original story ...)
From Dubai, Singapore to Mumbai, how many sqft of prime property you can buy in Rs 50 lakh
As a number of Indians, are interested in investing in prime properties abroad these days, we look at how many square foot (sqft) of prime property one can buy for Rs 50 lakh in 7 cities ... ( read original story ...)
Are property prices really to blame for our falling birth rates in Singapore?
Singapore's fertility rate was at a record low in 2022, and we've seen online discussions and news outlets pin it on housing prices, albeit to varying degrees. Some claim high property prices as the ... ( read original story ...)
Why I Bank(ed?) with SVB, and Will Again
I don’t come from “private banker” money, I’m too young for bank tellers who knew your name, and the second place prize goes to any bank whose app doesn’t actively make it hard to use. At SVB, however ... ( read original story ...)
Indian-origin teen accused of cheating Singapore bank
An Indian-origin teen in Singapore was charged on Friday, March 10, with one count of cheating and one count of abetting an unknown person to secure unauthorised access to a bank's computer system. ( read original story ...)
How to profit off Singapore’s property industry if you live abroad
With a stable political environment, thriving economy, and strong property market, Singapore offers numerous possibilities for real estate investors looking to make money, regardless of location. In ... ( read original story ...)
The rift in Singapore’s first family turns even nastier
One of them, Lee Hsien Loong, has been Singapore’s prime minister since 2004; another, his daughter Lee Wei Ling, in ill health, lives in the house; the third, their brother Lee Hsien Yang, is being ... ( read original story ...)
Over half of Singaporeans delaying plans to buy homes due to rising property prices, inflation – PropertyGuru study
SINGAPORE: New research from PropertyGuru shows that more than two in four Singaporeans (55 per cent) will most likely delay their plans to buy a home over fears concerning inflation. Moreover, 24 per ... ( read original story ...)
DPM Wong confident ramped-up supply, cooling measures will stabilise property market
He said the root of the problem is a supply issue, which the Government is addressing. Read more at straitstimes.com. ( read original story ...)
75% hike in rent; Expat shares experience of unreasonable rental hike in Singapore’s surging rental market
Singapore's rental market is expected to continue its upward trend in 2023 due to rising costs and surging demand. An expat recently shared her experience of an unreasonable rental hike by her ... ( read original story ...)
A new luxury condominium, The Reserve Residences, is getting a lot of attention from property investors across Singapore
The project is offering its residents the ultimate luxurious lifestyle in the country. The Reserve Residences, a ... ( read original story ...)
Loan Repayment in Singapore: 6 Things You Can Do If You Can’t Pay Your Mortgage (2023)
Global interest rates (and hence, Singapore mortgage rates) have been on the rise since 2022. Last year, the US Federal Reserve raised interest rates seven times, which saw the benchmark federal funds ... ( read original story ...)
5 things you must know about Singapore property tax
Property tax is applicable to any property whether it's owner-occupied, rented out or left vacant. Do you have to pay this tax? Read more. ( read original story ...)
Govt will support retirees living in private homes, but not by lowering property tax: SMS Chee
The Government is committed to supporting retirees, including those staying in private residences, not by lowering their property taxes but through other ways, said Senior Minister of State for ... ( read original story ...)