Real-estate services provider SRX has launched a home loan platform that promises to help borrowers ease the task of filling up forms. SRX said yesterday that its myHome Finance service can do that by tapping MyInfo, a service by the Singapore Government ... ( read original story ...)
Property investment: Are potential profits an illusion?
On a more complex level, you can also consider that the rate of inflation (the rising cost of goods) is around 3% in Singapore. Your property loan interest however, is far below this; home loan rates have been below 2% for more than a decade (although the ... ( read original story ...)
Singapore investors ramp up cross-border commercial real estate activity in Q1
according to a report from Real Capital Analytics (RCA), with a significant increase in property investments in Australian, Japanese and Indian markets. Singapore to Australia trade volumes ballooned by a whopping 141% to $3.5b over the past twelve months ... ( read original story ...)
Frasers Property, GIC and JustCo invest US$177m to build co-working space in Asia
Multi-national property company Frasers Property and Singapore’s sovereign wealth fund GIC have collaborated with co-working space provide JustCo to develop a co-working space platform across Asia. This sees all three companies investing US$177 million ... ( read original story ...)
Singapore’s ultra wealthy lured to shophouses despite lower yields
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: Money matters you must know when moving home
... have to pay the Additional Buyers Stamp Duty (ABSD), if the second property is bought under the current property owner’s name. For Singapore citizens, the ABSD is seven per cent of the property price or valuation (whichever is higher). So if you ... ( read original story ...)
Singapore: Frasers Property Ltd (FRPL:SI) Heffx Technical Analysis
Overall, the bias in prices is: Downwards. The projected upper bound is: 1.99. The projected lower bound is: 1.85. The projected closing price is: 1.92. A black body occurred (because prices closed lower than they opened). During the past 10 bars, there ... ( read original story ...)
Frasers Property : GIC, Frasers Property and JustCo jointly invest US$177 million to develop co-working platform across Asia
SINGAPORE, 16 May 2018 - GIC, Singapore's sovereign wealth fund, and multi-national property company Frasers Property Limited ("Frasers Property"), are partnering with JustCo, a leading co-working space provider in Singapore, to develop a co-working space ... ( read original story ...)
Stocks to watch: Frasers Property, Keppel, Aspen
SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (May 16): Frasers Property: Frasers Property, Singapore's sovereign wealth fund GIC, and co-working space provider JustCo are jointly investing US ... ( read original story ...)
This Singapore bank is best-placed to cash in on the property boom
It has the greatest percentage share exposure to housing loans at 27.6%. UOB may be in the best position to take advantage of the recent pickup in the residential property market, according to RHB Research, as it has the greatest percentage share exposure ... ( read original story ...)
Meet the man whose website is revolutionising Singapore’s ‘inefficient’ property market
Singapore’s real estate market was a vexing obstacle to navigate until Darius Cheung, CEO and co-founder of the country’s homegrown housing website 99.co, helped transform the market with a user-focused approach to home hunting 99.co co-founder and CEO ... ( read original story ...)
Shophouses’ rising yields lure Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Shophouses’ rising yields are luring Singapore’s ultra wealthy
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: What to know if you are buying your first property as investment
Unfortunately, property prices are in a slump at the time ... Wrong. The rate of inflation in Singapore is around three per cent per annum, and your investment has not kept up with that. And this is after you’ve put up with various inconveniences ... ( read original story ...)
Daily Briefing: Singaporean e-commerce firm Carousell secures US$85m funding; DBS FHR-9 home loan rates to hike
Singapore may be called a boring city by the international ... If Sibor rises, the market interest rates rises, hence the bank will need to pay their fixed depositors higher interest rate. DBS FHR-9 is based on the 9-month fixed deposit rate. ( read original story ...)
OCBC Bank Launches Digital Transformation Programme For 29,000 Employees
With an investment of $20 million to train and develop the digital skills of all 29,000 employees of the OCBC Group globally, the OCBC Future Smart Programme is the largest-scale and most ambitious digital transformation initiative by a Singapore bank. ( read original story ...)