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Tag: mortgage

Posted on 20/11/2022

Amid a rough economic climate, cooling measures may halt the strong run-up in Singapore home prices

BARELY nine months after a round of property cooling measures that kicked in late 2021, the government unveiled measures that take effect on Sep 30, 2022 to promote sustainable conditions in the ... ( read original story ...)

Posted on 20/11/2022

Singapore looking at how to further prioritise access to public housing for those with pressing needs

SINGAPORE: Singapore is studying ideas and looking at how to further prioritise access to public housing for those with more pressing housing needs, even within the first-timer group, said Minister ... ( read original story ...)

Posted on 20/11/2022

CNA Explains: With interest rates rising, should you choose a fixed or floating home loan?

SINGAPORE: Earlier this week, Singapore's three biggest banks – DBS, OCBC and UOB – raised their fixed home loan interest rates to between 4.25 and 4.5 per cent. This was the banks' second increase in ... ( read original story ...)

Posted on 19/11/2022

Cost of Living in Singapore 2022: How Much Salary to Live Comfortably Here?

With inflation in Singapore approaching a 14-year high, everyday expenses are becoming more expensive. Here’s how much you may need to keep on top of rising costs, and tips on how to make your dollar ... ( read original story ...)

Posted on 18/11/2022

Singapore property investment drops 30% to USD3.7b in Q3

The total investment year-to-date is now at USD16.7b. Singapore property investment’s strong momentum of the first two quarters of 2022 slowed in Q3 according to Colliers, as market players adjusted ... ( read original story ...)

Posted on 18/11/2022

Douglas Todd: Singapore has impressive housing success. Can we?

Singapore’s politicians also curb speculation by local investors. A year ago they slapped a 17 per cent tax on citizens who buy a second property and 25 per cent tax on their third property. They do ... ( read original story ...)

Posted on 17/11/2022

Arrested Aussie schoolgirls face ‘humiliation’ in Singapore: ABC reporter who faced caning in Changi jail tells all about the tough reality facing the teenagers accused of …

The elite Melbourne schoolgirls arrested for allegedly shoplifting Victoria's Secret lingerie would have undergone a frightening experience and been publicly shamed by Singaporean police. ( read original story ...)

Posted on 16/11/2022

New private home sales slump on lack of fresh major condo launches, rising mortgage rates

New private home sales slumped in October on the dearth of new major condo launches following the Sept 30 cooling measures, rising mortgage rates, low stock of unsold new units and rising ... ( read original story ...)

Posted on 16/11/2022

Singapore home sales hit 2.5-year low as cooling curbs begin to bite

Singapore home sales dropped to the lowest since April 2020 as fresh property curbs soured residents’ typically strong buying appetite. New privately owned apartments sold by developers fell to 312 ... ( read original story ...)

Posted on 15/11/2022

Singapore Home Sales Slump to Lowest Since April 2020 on Curbs

Singapore home sales dropped to the lowest since April 2020 as fresh property curbs soured residents’ typically strong buying appetite. ( read original story ...)

Posted on 14/11/2022

Loan Repayment in Singapore: 6 Things You Can Do If You Can’t Pay Your Mortgage (2022)

As home loan repayment in Singapore continues to be affected due to rising interest rates, there are some of us who may be struggling to repay our mortgages. If you are facing financial difficulties, ... ( read original story ...)

Posted on 14/11/2022

How Much Do You Need To Earn Per Month To Buy A Condo in Singapore?

With rising property prices in SG, how much do you need to earn to afford a condo? We do the math, including available housing ... ( read original story ...)

Posted on 14/11/2022

Singapore MAS Chief Says Record Inflows Can Be Managed

Singapore can absorb record inflows of new money, the central bank chief said, allaying concerns of a real estate bubble even as rents and prices surge to unprecedented highs. ( read original story ...)

Posted on 12/11/2022

UPI transfer service to start soon between India and Singapore, know details

The UPI service is scheduled to launch soon. The Reserve Bank of India and the Monetary Authority of Singapore are trying to make it possible. ( read original story ...)

Posted on 10/11/2022

Is Singapore Property Market Slowing Down?

You might want to consider alternative arrangements to buying property while deciding if now is the right time for you to buy a home. ( read original story ...)

Posted on 07/11/2022

About 3% of HDB flat owners own at least 1 private property: Desmond Lee

Around 45 per cent of HDB flat owners who own at least one private residential property are not living in their flats and have rented out their whole unit. ( read original story ...)

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