5 Things To Know Before Buying a Second Property In Singapore

For a start, here are 5 things you need to cover before you buy your second property in Singapore: 1) Your eligibility to buy ... taken from HDB or banks to purchase HDB flats, the monthly mortgage repayment instalment cannot exceed 30% of a borrower ... ( read original story ...)

Why Singapore’s Central Bank Has No Key Rate

Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank is ... ( read original story ...)

Developers send Q1 property investment sales to new high

A FLURRY of land-banking activities by developers propelled Singapore's property investment sales market to its strongest quarter in the first three months this year. Preliminary estimates by property consultancy JLL show that some S$10.84 billion worth of ... ( read original story ...)

Singapore property auction sales in Q1 up 31% at S$19.97m

THE number of properties sold in auction sales rose to 11 units in the first quarter of 2018, from eight in the corresponding quarter a year ago. This was despite the number of new properties put up for sale staying unchanged year-on-year at 63 units in ... ( read original story ...)

Singapore private home prices jump, strengthening recovery

SINGAPORE (Nikkei Markets) -- Prices for private property in Singapore rose at a faster-than-expected pace in the first quarter, suggesting that the exuberance in the land market may have begun to filter through into related areas. For the January-March ... ( read original story ...)

DBS urges Singapore property buyers to be cautious

With more than 30,000 units in the pipeline and with more government land sales, Singapore property buyers are urged to be more cautious. 15 companies have submitted tenders for commercial and residential site at Holland Road. The Urban Redevelopment Board ... ( read original story ...)

Singapore bank lending edges up in February

SINGAPORE - Bank lending in Singapore rose slightly in February from the previous month, reversing January's dip, according to preliminary data from the Monetary Authority of Singapore on Thursday (March 29). Loans through the domestic banking unit - which ... ( read original story ...)

Singapore February bank lending rises 0.1 percent from month ago

SINGAPORE, March 29 (Reuters) - Singapore’s total bank lending in February rose 0.1 percent from the month earlier, on the back of increased loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the ... ( read original story ...)