Singapore-based fundraising platform Give.Asia had already raised RM715,272 (S$215,200) for a Malaysian family whose toddler is suffering from a ... ( read original story ...)
What is the 99-1 loophole in Singapore and is it illegal? Here’s how to plan ABSD taxes, not evade them
The mark of a true blue Singaporean isn't how well he/she can follow the law, it's about getting around it without breaking it.But all that becomes tricky when we're talking about tax. Where do we ... ( read original story ...)
Tokenised high-value assets such as whisky, property becoming more popular with small investors
Expensive liquor, wines and watches are no longer the preserve of the ultra-rich. Read more at straitstimes.com. ( read original story ...)
Buyers in ‘99-to-1’ property deals can voluntarily pay ABSD, Iras will look at cases more favourably
About 0.5 per cent of private residential properties transacted in 2018-2021 used “99-to-1” arrangement. Read more at straitstimes.com. ( read original story ...)
Less than 1% of private home transactions in Singapore use 99-to-1 arrangement: Finance Ministry
SINGAPORE: From 2018 to 2021, about 0.5 per cent of private residential properties transacted involved “99-to-1” or similar arrangements, and action will be taken against both buyers and property ... ( read original story ...)
Singapore property investment activity slows on high interest rates
Real estate investment activity in Singapore shrank to about US$4bil (RM18bil) in the first quarter – the lowest quarterly volume registered since the fourth quarter of 2020, at the height of the ... ( read original story ...)
Singapore’s MAS Plans For ESG Rules, Pushes Transition Finance
Singapore’s central bank proposed a slate of ESG regulations for financial institutions and listed companies on Thursday, demonstrating both the goal to align with emerging international standards and ... ( read original story ...)
Property investment volume falls 63.3% YoY to $4b
It is the lowest quarterly investment volume registered since Q4 2020. Singapore’s property market recorded its lowest quarterly sales in almost three years in Q1 at $4b. According to Colliers, the Q1 ... ( read original story ...)
Does It Makes Sense For A Foreigner To Buy A Property In Singapore?
Known for its reputation as a safe haven asset, Singapore’s property market has been coveted as a go-to location for many foreigners to park their wealth in. Just by looking at the recent pandemic, we ... ( read original story ...)
Analysis: Wealth taxes on inherited property, luxury cars are ‘attractive’ suggestions by MPs, but challenging, costly to enforce
A tax on luxurious goods such as high-end cars and landed property as well as an inheritance duty on multi-million-dollar homes may seem like plausible ways to protect Singapore's meritocracy, but it ... ( read original story ...)
Singapore real estate is soaring: Check YoY returns, rental income | Can Indians buy property in Singapore? DECODED
According to the data released by Singapore’s Urban Redevelopment Authority’s (SURA) rental index, Singapore's residential property prices surged by a whopping 29.7 per cent year-on-year in the year ... ( read original story ...)
S’poreans must embrace wider definitions of success beyond size of paycheck or property: Lawrence Wong
Deputy Prime Minister Lawrence Wong explained how the government will set out to help Singaporeans succeed while they face the "stark realities of the world" and the other "formidable challenges" ... ( read original story ...)
1MDB trial: BSI Bank never lodged suspicious report despite obvious red flags, says witness
Former Singaporean banker told the High Court here that there were obvious red flags in relation to 1Malaysia Development Berhad (1MDB) transactions in BSI Bank, but the bank has never filed any ... ( read original story ...)
China central bank ramps up liquidity injection when rolling over medium-term policy loans
China's central bank ramped up liquidity injection when rolling over maturing medium-term policy loans for the fifth consecutive month on Monday, while keeping interest rate unchanged, matching market ... ( read original story ...)
Commentary: Should first-time buyers in Singapore time their property purchases?
SINGAPORE: The bullish property market may finally be showing signs of stabilising. Flash estimates from the Housing and Development Board show that HDB resale prices grew 0.9 per cent in the first ... ( read original story ...)
Banks in Singapore offering loans with lower interest rates for EV buyers | Video
Banks in Singapore are offering loans with perks and lower interest rates for electric vehicle buyers. At least one bank reported a four-fold jump in the value of its greener car loans. Rebecca Metteo ... ( read original story ...)