Bank of Singapore factors in ESG in loan quantum assessment admin1 Tue, 07/13/2021 - 11:15 am Body Those secured by a mutual fund with an ESG rating of AAA or AA will have their advance ratio ... ( read original story ...)
Property agent admits role in backdating an Option to Purchase to evade stamp duties for buyers
SINGAPORE: In the first case of its kind, a property agent admitted on Monday (Jul 12) that he instigated his seller's agent into backdating an ... ( read original story ...)
Singapore property investment volume hits S$9.17b in H1 2021
According to CBRE Research, preliminary real estate investment volume in Singapore for the first half of 2021 came to S$9.17 billion, which is already 78.7% of 2020’s volume. Q2 2021 alone generated ... ( read original story ...)
Singapore, France central banks announce successful cross-border digital currency test
The Singapore and French central banks announced they have successfully completed a wholesale cross-border payment and settlement experiment using digital currencies in a test that has “broken new ... ( read original story ...)
In Southeast Asia, 11,000 bank branches are expected to close until 2030
As the entire banking industry shifts more and more to digital solutions and services and many, particularly tech-savvy customers have not seen the interior of a physical bank branch for quite some ... ( read original story ...)
Can you actually lose money with landed property in Singapore?
On Friday (July 9), the purchase of a $40 million Bin Tong Park Good Class Bungalow by Grab CEO Anthony Tan hit the headlines. This follows the purchase of a $36 million Good Class Bungalow (GCB) last ... ( read original story ...)
Can You ACTUALLY Lose Money With Landed Property In Singapore? We Look At Data From 26 Years
Today, the purchase of a $40 million Bin Tong Park Good Class Bungalow by Grab CEO Anthony Tan hit the headlines. This follows the purchase of a $36 million Good Class Bungalow (GCB) last week. ( read original story ...)
Singapore Property Dynasty Faces Climb After China Debacle
For Singapore’s richest property family, the turnaround of City Developments Ltd. is just beginning.A bungled Chinese investment has saddled the property developer with a $1.3 billion writedown, ... ( read original story ...)
Singapore property market not overheated, but prices closely watched: MAS
The Monetary Authority of Singapore (MAS) said it would remain vigilant to rising home prices even though the property market was not "overheated". ( read original story ...)
Rising property prices a key driver in wealth inequality, ills of ‘hereditary meritocracy’ exist, says head of Singapore central bank
A key driver in worsening wealth inequality in many parts of the world is the rising price of property and it is a worrying trend, the head of Singapore’s central bank said. Ravi Menon, managing ... ( read original story ...)
Canadian Bank Robber Jailed by Singapore for 5 Years Avoids Caning
A court in Singapore on Wednesday sentenced a Canadian man to five years in jail for robbing a bank in 2016, but he will not receive an additional sentence of six strokes of a cane due to the terms of ... ( read original story ...)
Singapore Billionaire Kwek Family Property Dynasty Is Challenged in China
Chongqing Sincere Yuanchuang Industrial Co., a cash-strapped Chinese developer owned by Singapore’s richest property family, may undergo a court-led restructuring after a bankruptcy application was ... ( read original story ...)
To Rent A Room or Studio Apartment in Singapore: 5 Factors to Help You Decide
To rent a room or studio apartment? That is the question. Renting in Singapore is gaining popularity among locals. Here are 5 factors to consider when deciding to rent a shoebox apartment or room in a ... ( read original story ...)
MOVES-Barclays nabs UBS banker Tan to lead Singapore private bank
ZURICH, July 6 (Reuters) - Barclays has appointed Evonne Tan, the head of private banking for UBS in Singapore, the British bank said on Tuesday, as it seeks to build upon its corporate and investment ... ( read original story ...)
Circuit Breaker 2020 vs Phase 2 Heightened Alert 2021: How Did the Singapore Property Market React?
The Government implemented Phase 2 (Heightened Alert) from 16 May to 13 June 2021. Although it did not completely halt property transactions (like the Circuit Breaker in 2020), it did somewhat dampen ... ( read original story ...)
New Condo Launch 2021 in Singapore: 5 Condo and EC Projects We’d Love to Live in
From this new condo launch in 2021 list, we asked our colleagues on the PropertyGuru team which condo and Executive Condominium (EC) projects they'd love to live in if money was no object. ( read original story ...)