While home values from the US to New Zealand are declining, Singapore’s private property prices jumped 13.2% y-o-y in the 3Q. Singapore’s housing affordability will deteriorate further in the coming ... ( read original story ...)
Singapore High Court Rules NFTs Can Be Considered Property
The court case in Singapore regarding the sale of a Bored Ape Yacht Club NFT has gone all the way to the highest court in the country. On Friday, Justice Lee Seiu Kin confirmed the status of NFTs as ... ( read original story ...)
Nomura Singapore offloads 1.5% stake in this underperforming private sector lender
The deal was executed at an average traded price of Rs 232.30 per share, at a marginal discount compared to the previous days closing price of Rs 233.85 ... ( read original story ...)
Singapore home affordability to get even worse, Moody’s says
Singapore's housing affordability will deteriorate further in the coming year, due to the double whammy of rising prices and interest rates, according to Moody's Investors Service.First-time private ... ( read original story ...)
Singapore’s core inflation gathers speed to fresh 14-year high
SINGAPORE: An inflation measure monitored by Singapore’s central bank accelerated for a seventh straight month in September to a near 14-year high, giving policymakers scope to maintain their ... ( read original story ...)
Singapore High Court Judge Recognizes NFTs As Property
Justice Lee Seiu Kin stated that digital assets are distinguishable from each other and, as a result, can be considered property. ( read original story ...)
NFTs can be considered property, Singapore High Court rules
NFTs could be considered as property as they fulfilled certain legal requirements, Justice Lee Seiu Kin said in his grounds of decision. Read more at straitstimes.com. ( read original story ...)
How could the F1 race impact Singapore’s retail property market?
Retail rents inched up 1.5% in September as tourist inflow drove retail spending. Building on the removal of mobility restrictions in the previous quarter, a Knight Frank report says prime rents of ... ( read original story ...)
Hong Kong property agents see expat renters who fled Covid-19 curbs trickling back from cities including Singapore
Agents report an uptick in inquiries after the city's hotel quarantine requirement was relaxed Some returnees report finding Singapore's rents higher and its school spots harder to secure than they ... ( read original story ...)
High Court affirms NFTs as a form of ‘property’, says it has jurisdiction over blockchain disputes involving S’pore party
The High Court has ruled that a non-fungible token (NFT) is a form of property and not merely information or code on the blockchain. ( read original story ...)
4 ways URA’s new move to curb shoebox units in central areas could affect the Singapore property market
The last time the Urban Redevelopment Authority (URA) moved to curb shoebox units (one-bedder units, generally defined as 510 sq ft or smaller) was back in 2018.At the time, the impact was only for ... ( read original story ...)
1 in 3 home owners with outstanding mortgages affected by rising interest rates: Alvin Tan
Mr Tan said MAS does not expect widespread foreclosures in the near to medium term. Read more at straitstimes.com. ( read original story ...)
Why Hong Kong pensions are so much worse than Singapore’s
In May, the South China Morning Post published a letter from a reader who wrote to say that Hong Kong’s Mandatory Provident Fund should be abolished as “it has failed on multiple levels from the ... ( read original story ...)
74-year-old fugitive extradited from Singapore to US after 30 years on the run
SINGAPORE - A 74-year-old man on the run from the law in the United States for 30 years has been caught and extradited to America.Jack Hsu was convicted in Dallas, Texas, in 1992 of five counts of ... ( read original story ...)
Renting a place in Singapore: Women share their tips on finding the perfect home, from location to housemates
How do you minimise the chances of ending up with unsuitable housemates? Should you consider renting an apartment all to yourself? And what added expenses should you budget for? Here’s what you need ... ( read original story ...)
Singapore’s luxury homes market unchanged in Q3
Luxury non-landed market saw 110 transactions in the third quarter, similar to the previous quarter. Singapore’s luxury non-landed market saw a total of 110 transactions during the third quarter of ... ( read original story ...)