Tag: property

Before you take the big step of buying a second property however, make sure you’re ready: For Singapore citizens, the Additional Buyers Stamp Duty (ABSD) applies when purchasing any property beyond your first. This is currently seven per cent of the ... ( read original story ...)

Singapore’s property market has seen a decline for nearly four years, but this was followed by a recent upturn in property prices and transactions. In fact, analysts from Morgan Stanley have predicted that property prices could rise by 5.0 to 6.0 percent ... ( read original story ...)

In March this year, the Singapore government reduced stamp duty imposed on sellers and some mortgage restrictions. That helped stoke optimism that the country’s property market is rebounding, with home sales jumping and developers showing more aggression ... ( read original story ...)

OCBC Bank has launched artificial intelligence (AI) powered voice banking in collaboration with Google, following the launch of Google Home and Google Home Mini in Singapore. Consumers will be able to speak to the Google Assistant on a smartphone or a ... ( read original story ...)

The loan-to-value ratio (LTV) (as measured as mortgage loan balances divided by residential property values), which is a statistic that illustrates the degree of leverage in the housing market, has increased in recent years to levels seen before the 1998 ... ( read original story ...)

Singapore’s central bank tightened monetary policy on Friday, changing its stance for the first time in two years amid solid economic growth prospects for 2018. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool ... ( read original story ...)

Singapore’s home loan interest rates are expected to be impacted by the Monetary Authority of Singapore’s (MAS) tightening of the Singapore Dollar (SGD) exchange rate. MASho announced a measured change to policy today, allowing its currency to ... ( read original story ...)