SINGAPORE (Jan 12): RHB expects property prices to rebound by 3-7% in 2018, driven by an improving job market, strong surge in the en-bloc market and falling inventory levels. However, a soft rental market, rising interest rates, intense competition in ... ( read original story ...)
Singapore property prices expected to rebound 3%-7% so which stocks should do well?
Game Boy is back! Remake of 28-year-old retro console could be 2018's answer to the Nokia 3310 Robotics in business: Everything humans need to know SINGAPORE (Jan 12): RHB expects property prices to rebound by 3-7% in 2018, driven by an improving job ... ( read original story ...)
Singapore’s Frasers Property appoints Ilaria del Beato UK CEO
Frasers Property UK, a member of Singapore-listed Frasers Centrepoint, has appointed Ilaria del Beato as its chief executive officer. Del Beato brings with her nearly 30 years of real estate and finance experience, most recently as CEO of GE Capital UK. ( read original story ...)
Singapore to hear first case on legality of media streaming boxes
The organisation has been actively lobbying the Singapore government to block streaming software embedded in these media boxes. The Intellectual Property Office of Singapore told Bloomberg last year that it was not the medium (media boxes) but rather the ... ( read original story ...)
NRI Banker Named Central Bank Governor Of The Year For Asia-Pacific
SINGAPORE – An Indian-origin banker in Singapore has been named as the best central bank governor in Asia-Pacific for 2018, a media report said on Thursday. Ravi Menon, managing director of Singapore’s central bank Monetary Authority of Singapore (MAS ... ( read original story ...)
Home loan: What is SIBOR?
The Association of Banks in Singapore published a proposal on 4 December to improve the way it calculates SIBOR. SIBOR stands for Singapore Interbank Offered Rate, and is simply an interest rate that banks in Singapore charge to one another. While that may ... ( read original story ...)
DBS Bank to keep mortgage scheme
Paredes also said DBS Bank hopes to double the premium of its general insurance business in three years after entering into a 15-year regional general insurance distribution partnership agreement with Chubb in Hong Kong, Singapore, China and Taiwan. ( read original story ...)
Singapore property market rebound may extend through 2019
Analysts believe the four-year slump that has plagued Singapore’s property market may have come to an end as private home prices rose for a second consecutive quarter in the period ended-31 December. In fact, analysts at Credit Suisse expect home prices ... ( read original story ...)
4 reasons why refinancing using the cheapest home loan isn’t always the best move
Think of it as applying and getting a home loan a second time around – besides qualifying, you also need to pay conveyancing fees again. That means forking out between $2,000 to $3,000 to a law firm, to settle the paperwork. (You can try looking for a ... ( read original story ...)
Report: Average home prices in Singapore could rise by 17% over 2018-2021
Investment volumes to remain strong for Singapore, while home prices are forecast to rise. The prospects for the Singapore property market are bright, with investment volumes to remain strong and home prices forecast to rise, revealed a 2018 Asia Pacific ... ( read original story ...)
Singapore property seen on path to recovery after prolonged slump
SINGAPORE - Singapore's housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years. After hitting a record peak in the third quarter of 2013, a string of government ... ( read original story ...)
MAS seeks more details on loans for property projects
The Monetary Authority of Singapore (MAS) placed more scrutiny on the way banks are funding property development projects, by gathering more data from them via a new survey sent out last month, reported The Business Times. The move comes as developers made ... ( read original story ...)
MAS puts more scrutiny on bank loans for property development
A DBS spokesman told BT: "DBS remains vigilant to any signs of market weakness in the property market and we continue to exercise prudence when underwriting new loans." The group-level balance sheets of most Singapore-listed local developers have not shown ... ( read original story ...)
Singapore Property Rebound Just Starting as Prices Seen Jumping
(Jan 10): Credit Suisse Group AG and Morgan Stanley are calling the end of Singapore’s property downturn, after a second consecutive quarterly increase in private residential prices. Home prices may rise as much as 10 percent this year, according to ... ( read original story ...)
Daily Briefing: Noble sells power, gas unit for $168m; Analysts forecast 15% growth in property market
Analysts believe that 2018 will be the turnaround year for the Singapore property market. After 3 years of falling prices, analysts now forecast growth of between 3% and 15% for 2018. According to Alan Cheong, Savills Singapore’s senior director ... ( read original story ...)
Vietnam arrests fugitive tycoon deported from Singapore
SINGAPORE/HANOI (Reuters) - A fugitive Vietnamese property tycoon who is accused of spilling state secrets was arrested in Hanoi on Thursday after Singapore deported him, despite appeals that his life could be in danger in Vietnam. Phan Van Anh Vu ... ( read original story ...)