With an estimated net worth of $10.1 billion, Saverin, 35, edged past property siblings Robert & Philip Ng, who have occupied the top spot as Singapore’s richest since 2010 and have an estimated fortune of $10 billion. A Singapore resident since 2012 ... ( read original story ...)
Singapore residential or commercial property market: Prepare yourself for the upturn
However exactly how big will the influence be, truly? Assuming the Sibor climbs by 200 basis indicate 3 per cent, monthly mortgage repayments for an owner of a second residence worth S$ 1 million will certainly increase from about S$ 1,750 to S$ 2,300 each ... ( read original story ...)
Singapore to redevelop Dakota Crescent: MND Minister Lawrence Wong
HDB flats will be built, whilst the central courtyard will be retained. One of Singapore's first housing projects, Dakota Crescent, will be developed by Singaporean authorities, Minister for National Development Lawrence Wong said. According to a Facebook ... ( read original story ...)
Singapore Bank Stocks: Time to Buy?
Analyst Krishna Guha has upgraded all three lenders to buy given the narrative of synchronized global growth and improving trade. Guha expects loan growth to pick up further in 2018, while margins may also pick up: Loan growth for the three banks has ... ( read original story ...)
Property: Home loan interest rates increase
The home loan benchmark, the three-month Sibor, or Singapore interbank offered rate, is up sharply. It was 1.21 per cent last Friday, up eight points from the previous Friday. The benchmark had been rising for five straight days. UOB expects the three ... ( read original story ...)
How Deutsche Bank staved off staff “exodus” to start hiring again in Asia
This time last year Deutsche Bank was facing turmoil in Singapore and Hong Kong. Now it’s busy hiring. How come? This time last year Deutsche Bank Wealth Management was facing turmoil in Asia. It had just suffered the significant departures of Ravi Raju ... ( read original story ...)
Singapore stocks extend losses on weak global cues; United Overseas Bank falls 1%
Singapore stocks fell on Wednesday, taking cues from weak Asian shares as uncertainty over U.S. policy kept many investors on the sidelines. Asian shares hovered near two-month lows as iInvestors are looking to final tax reform legislation in the United ... ( read original story ...)
Singapore land grab continues despite central bank warning
SINGAPORE (Nikkei Markets) -- Singapore's central bank may be concerned about growing risks in the property market, but its warning last week failed to dampen sentiment among developers, who drove land bids to a fresh record Tuesday. The aggressive bidding ... ( read original story ...)
Singapore Property Bulls Ignore Central Bank’s Warning Into 2018
These Eight Mid-Cap Stocks Are Hidden Gems, According To Ambit Capital Why Rivals Will Line Up At RCom’s Spectrum Fire Sale Don’t Raise The Income Tax Exemption Threshold Further: Arvind Subramanian India’s Big Job Creating Industry Is Dying A Slow ... ( read original story ...)
Singapore Property Bulls Ignore Central Bank’s Warning
Property stocks set for their best yearly gain since 2012 Singapore developers may extend their share rally into 2018 on a reviving home market, according to money managers and analysts, who say the central bank’s warning on a potential oversupply may ... ( read original story ...)
How to keep a cool head in the sizzling property market
The en bloc fever has hit Singapore for a while now, but it’s showing no signs of abating just yet. But don’t get overly excited at the prospect of making a small windfall from an en bloc deal: various ministers and property analysts have been urging ... ( read original story ...)
Keep cool in hot property market
Collective sale fever may be going strong, property prices are rising again and sales volumes are picking up, but regulators have given a clear warning that these signs may be more cause for caution than celebration. The Monetary Authority of Singapore ... ( read original story ...)
When to Refinance Your Home Loan in Singapore
Your home loan is probably the single biggest financial commitment you’ll ever take on, and one you could spend the next few decades paying for. Given the magnitude, you obviously want to ensure you lighten the load as much as possible. That’s why it ... ( read original story ...)
Why is my home loan being rejected
The bank will assess your credit rank, which is available from the Credit Bureau of Singapore (CBS). If your credit rank is BB or below, the bank may decline your loan. This usually happens because of repeated late payments, or because you sought large ... ( read original story ...)
Brokers’ Call: Singapore Property
We recommend an "overweight" stance on the sector, preferring stocks with exposure to the residential, hotel and office segments, which are expected to outperform as we head deeper into the upcycle. We are cautious on retail and industrial factory and ... ( read original story ...)
Allgreen scoops up 2 Singapore land parcels after 6-year hiatus
ROBERT Kuok's Allgreen Properties has scooped up land parcels in Singapore for the first time in recent years through two collective sale tenders in the upscale Bukit Timah area. It acquired Royalville for S$477.94 million and Crystal Tower for S$180.65 ... ( read original story ...)