If we don’t take government grants when buying a resale flat, we will still be considered a “first-time” buyer. Given the long waiting time to getting a BTO flat and rising HDB resale home prices, the ... ( read original story ...)
Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more
Private property and HDB prices touch record highs in 2021, growing rental demand in 2022, and more. Here are the news highlights for what happened in the Singapore property market from 3 Jan to 10 ... ( read original story ...)
Singapore Tax Hike Bolsters Case for MAS to Tighten Policy
Singapore’s expected boost in taxes this year is raising pressure on the central bank to tighten monetary policy as the Southeast Asian nation seeks to rein in mounting inflation pressures.Most Read ... ( read original story ...)
This Singapore-based crypto platform allows you to earn passively on your cryptocurrencies
The volatility of the cryptocurrency market can be intimidating, but perhaps earning passively on your crypto assets is something beginners would like to explore. One such way is through earning ... ( read original story ...)
Commentary: Singapore uses digital vouchers so why are people still resistant to e-hongbaos?
Let’s factor in sustainability when it comes to festive e-gifting. Tradition and technology can go hand in hand, say NUS Business School’s Lawrence Loh and Yvonne Yock. ( read original story ...)
Singapore wealth platform buys UK digital bank for £25m
The deal will see iFast purchase an 85% stake in the UK digital bank for £25m ($33m, €29m) – £22.6m to fund the acquisition and £2.4m to offset relevant transaction costs. The Singapore wealth ... ( read original story ...)
Renting in Singapore (2022): 3 Upcoming Trends for the HDB and Private Rental Market
Renting in Singapore is getting increasingly expensive despite COVID-19. In Nov 2021, monthly condo and HDB rental prices were 10% and 9.2% higher year-on-year respectively. Will these trends continue ... ( read original story ...)
Plant that’s new to science is one of nine nature finds in Singapore
Chuan's eyes are drawn not to the colourful birds and flowers that abound but to any green patches on the ground. . Read more at straitstimes.com. ( read original story ...)
More people couldn’t fully repay CPF after selling property in 2020, but none required to top up in cash
This is because the vast majority sold their property at market value, the CPF Board said. . Read more at straitstimes.com. ( read original story ...)
Woman held for fraudulent possession of property; 28 assisting in probe for breaching Covid-19 rules
SINGAPORE - A 37-year-old woman was arrested for fraudulent possession of property, the police said on Sunday (Jan 9). Separately, 28 individuals, aged between 23 and 72, are also assisting with ... ( read original story ...)
Bank supervisor stole $628,000 from branch in bid to borrow $25,000 from fake moneylender 25X the sum she hoped to borrow
A woman worked for a bank for nearly 20 years and rose to the rnk of supervisor at PT Bank Negara Indonesia (BNI), earning $4,200 a month. But then she got into debt and her debt pit just kept ... ( read original story ...)
In SIngapore, a high price to pay for some unvaccinated workers, ahead of new rule
Barely a day after the Government announced late last month that unvaccinated employees will be barred from their workplaces from Jan 15 even with a negative Covid-19 test result, Syuk was informed by ... ( read original story ...)
Types of Properties A Foreigner Can Buy In Singapore (According To The Residential Property Act)
PRs, are restricted in their residential property purchases The post Types of Properties A Foreigner Can Buy In Singapore (According To The Residential Property Act) appeared first on . ( read original story ...)
Jail for ex-bank employee who was targeted by scammers and misappropriated over $600k
The scammers asked her to pay more “fees” if she wanted her loan application to be approved. . Read more at straitstimes.com. ( read original story ...)
Total Debt Servicing Ratio (TDSR) and Mortgage Servicing Ratio (MSR): How Much You Can Borrow When Buying An HDB Flat
While measures such as restrictions on loan tenure and Loan-To-Value (LTV) limits do affect affordability, the two major measures that affect how much we can borrow to finance a mortgage are the. Read ... ( read original story ...)
Tencent to cut stake in Singapore tech group Sea
Chinese gaming and social media company Tencent has announced it will cut its stake in Singapore-based gaming and e-commerce firm Sea. ( read original story ...)