India is a huge market and if one can leverage the potential, businesses can flourish, says an Indian-origin businessman who recently completed his term as chairman of the Singapore Indian Chamber of ... ( read original story ...)
As Singapore bucks global downturn, 6 in 10 say property is unaffordable
Surging property prices pose a challenge for the ruling People’s Action Party, whose achievements include the highest public housing rate in the world, with over 80 per cent of the country’s 4 million ... ( read original story ...)
Foreigners account for ‘very small proportion’ of private housing transactions in Singapore: Desmond Lee
SINGAPORE: Foreigners account for "a very small proportion" of private housing transactions, Minister for National Development Desmond Lee said on Monday (Sep 12). "In the past two years, they ... ( read original story ...)
Former group CEO declares bankruptcy, wife tries to claim share of $3.82m landed property
A freehold, landed house in Ang Mo Kio, which used to belong to a former group CEO, has become part of a lawsuit brought about by his wife.The asset (or the net proceeds from its sale) is now under a ... ( read original story ...)
Bulk purchases of private property ‘uncommon’, market impact unlikely: Desmond Lee
What's the percentage of multiple-unit purchases among all private residential property units transacted this year? Find out how low it is. ( read original story ...)
What Investors Should Know About Frasers Property’s Green Retail Notes, Singapore’s First Corporate Green Retail Notes
Frasers Property Ltd (SGX: TQ5), through its wholly-owned subsidiary Frasers Property Treasury Pte Ltd, has launched its first-ever green retail notes for investors who are looking for green ... ( read original story ...)
We reveal how much property agents in Singapore are really making
With commission rates of around 2 per cent (it can even be 3 to 4 per cent for new launches), there’s an impression that property agents are rolling in dough.Many clients certainly feel that way, with ... ( read original story ...)
Singapore’s modest house price growth
Singapore’s house prices rose by almost 20% (inflation-adjusted) from 2016 to 2021, after falling by almost 10% in the three years prior. In the first half of 2022, total home sales, which include new ... ( read original story ...)
Lawrence Wong explains why govt cannot rely on fluctuating property market as stable source of tax revenue
Increase in tax revenue collection not sustainable over long term. Deputy Prime Minister Lawrence Wong addressed questions on substantial tax revenue. PAP Member of Parliament Foo ... ( read original story ...)
More young Singaporeans considering renting and flat sharing as they find current property prices too high: Study
More young Singaporeans, compared with older age groups, are considering renting and flat sharing as they find current property prices too high.Even then, most still intend to buy a home within the ... ( read original story ...)
Singapore’s Property Market Booming from Increase in Chinese Buyers
The growing high-wealth Chinese population living in Singapore will likely create more business and investment links between the two countries. ( read original story ...)
Man jailed 4 months for forging option to purchase agreement to avoid repaying S$1.7m property loan from friend
When a friend lent him S$1.7 million to buy a condominium unit in Bukit Timah, Dmitriy Shport failed to repay her and instead sold the private property behind her back to pay off his debts. ( read original story ...)
Frasers Property launches up to S$420 million worth of five-year green notes
Up to S$300 million will be offered to retail investors, with a fixed interest rate if 4.49 per cent per annum. ( read original story ...)
Singapore’s Build-to-Order flats launch: Many more buyers going for Ang Mo Kio, Tampines flats than Bt Merah ones
The number of applicants vying for four-room government-built flats in the latest Build-to-Order (BTO) exercise was significantly more in Ang Mo Kio ... ( read original story ...)
Do You Know Your ABSD From Your TDSR? Here’s A Quick Guide To Housing and Mortgage Jargon In Singapore
For Singaporeans looking to purchase their first property, ABSD will not apply. Usually applicable for the purchase of newly-launched condominium units, it is a form of progress payment that allows a ... ( read original story ...)
After Ara divestment, property manager Straits Trading targets growth in new areas
It will allocate more capital into industrial properties over the next three to five years, among others. Read more at straitstimes.com. ( read original story ...)