In Singapore, the three major listed banks are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). Since their respective ... ( read original story ...)
Singapore, World Bank ink MOU to promote sustainable urban development
SINGAPORE, July 9 (Xinhua) -- The Singapore Land Authority (SLA) and the World Bank inked a Memorandum of Understanding (MOU) on the sidelines of the World Cities Summit 2018 on Monday, to promote the ... ( read original story ...)
No rationale for new property cooling measures, says REDAS
The Real Estate Developers’ Association of Singapore (REDAS) sees no rationale in imposing new property cooling measures considering that the Singapore property market is still in the “early stages of ... ( read original story ...)
Singapore raises ABSD rates and tightens home loan limits
The measures were imposed over rising prices and demand. The Singapore government will raise Additional Buyer's Stamp Duty (ABSD) rates and tighten Loan-to-Value (LTV) limits on home purchases as a wa... ( read original story ...)
New property cooling measures in Singapore: a cause and effect analysis
The first week of July 2018 was a rollercoaster ride for the Singapore property market. First, on Monday, the Urban Redevelopment Authority (URA) released 2Q 2018 flash estimates that indicated a stro... ( read original story ...)
Singapore Property Stocks Tank on Fresh Government Blow
SINGAPORE—Shares of Singapore’s real-estate developers plunged and major banks fell sharply Friday after the government unexpectedly announced fresh clamps on private residential property. The governm... ( read original story ...)
Singapore Developer Stocks Fall After Surprise Property Curbs
Singapore property and bank stocks led declines on the benchmark stock index Friday after the government unexpectedly tightened property curbs to cool a market the central bank described as euphoric. ... ( read original story ...)
Singapore Developer Stocks May Fall on Surprise Property Curbs
Singapore property stocks are set for knee-jerk declines Friday after the government unexpectedly tightened property curbs to cool a market the central bank described as euphoric. The announcement lat... ( read original story ...)
Property market euphoria calls for caution, Singapore central bank chief
Developers, banks and home buyers should be cautious about the property market euphoria said Ravi Menon. Mr Menon who is the Managing Director of Monetary Authority of Singapore (which is Singapore’s ... ( read original story ...)
How mortgages have a critical impact on presidential elections
The study, “Mortgage Market Credit Conditions and U.S. Presidential Elections,” by Columbia professor Charles W. Calomiris, co-written with Adonis Antoniades of the National University of Singapore, includes a county-by-county analysis of the 2008 ... ( read original story ...)
The Best Fixed Deposit Accounts in Singapore
Today, every bank in Singapore is competing for your dollar with high interest savings accounts, so it’s actually possible to earn 2% or 3% p.a. on your savings. What a time to be alive!Does that mean the era of fixed deposits is over? Well, don’t ... ( read original story ...)
Singapore Property Game – The Winner Takes It All
I used to see property investment as a means to achieve financial freedom. That was also the drive to build my first property portfolio in the 2000s. Sixteen years later, my knowledge of the subject has increased more than tenfold. Now I finally understand ... ( read original story ...)
Singapore bank loans up 5.48% to $667.89b in May
Business and consumer loans grew 5.78% and 5.01% respectively. Singapore bank lending jumped by 5.48% in a year from $633.22b to $667.89b in May 2018, the Monetary Authority of Singapore (MAS) revealed. Loan growth compared to April 2018 was flat at 0.11%. ( read original story ...)
Singapore property market remains positive despite near-term weakness
An Insights report by DBS said that it is positive on Singapore property in the medium to long term, but that near-term sentiment weakness remains. The bank expects demand to be sustainable in the medium to long term on strong economic growth driven by ... ( read original story ...)
9 ways property investors can earn big from office spaces
When it comes to investing in commercial property in Singapore, office spaces are often considered a category that only veteran property investors can handle. It’s one of the more volatile property types, but often one of the most rewarding in terms of ... ( read original story ...)
6 scary rental scams Singapore landlords fall prey to
But did you know that landlords in Singapore are the targets of scammers posing as legit tenants? For those of us who are renting out your property or thinking of doing so, we’ve compiled a list of rental scams that landlords of residential properties ... ( read original story ...)