The recent surge in collective sales poses potential risks to the stability of the local property sector. Hence, market players should proceed cautiously, according to the 2017 Financial Stability Review (FSR) published by the Monetary Authority of ... ( read original story ...)
Singapore Home Prices Vulnerable to Rising Supply, MAS Says
(Bloomberg) -- The rising supply of homes and slowing population growth may undermine the recent recovery in Singapore residential property prices, according to the country’s central bank. Future development projects could potentially add 20,000 private ... ( read original story ...)
Singapore Property Prices Vulnerable to Rising Supply
The rising supply of homes and slowing population growth may undermine the recent recovery in Singapore residential property prices, the country’s central bank said. Future development projects could potentially add 20,000 private housing units over the ... ( read original story ...)
Singapore’s DBS Bank lowers India’s FY18 GDP growth to 6.6%
SINGAPORE: Singapore's DBS Bank today lowered India's GDP growth forecast for current fiscal to 6.6 per cent from the previous 6.8 per cent, citing that businesses were "still adjusting" to the new GST regime and there were "limited room" for fiscal support. ( read original story ...)
Singapore’s DBS Bank lowers India’s FY18 GDP growth to 6.6 per cent
Bank, however, expects that Indian economy will recover in fiscal 2019 and achieve a growth rate of 7.2 per cent. Singapore: Singapore's DBS Bank on Tuesday lowered India's GDP growth forecast for current fiscal to 6.6 per cent from the previous 6.8 per ... ( read original story ...)
Singapore joins trend of lower property debt
Thanks to higher real rates. The accumulation of debt due to property purchases might have eased as Singapore's real rates rose, Morgan Stanley said. The firm said Singapore's trends in debt-to-GDP have largely mirrored China’s, with negative real rates ... ( read original story ...)
Singapore stocks fall amid rising China borrowing costs, Malaysia equities gain
In Singapore, lenders DBS Group Holdings and United Overseas Bank lost 0.9% and 0.8%, respectively. Golden Agri-Resources shed 1.3%. The company reported earlier in the day that it was selling its Tianjin oil operations for $111 million. The Bursa Malaysia ... ( read original story ...)
Regulator apologises for ‘Basel IV’ bank rules delay
Singapore central bank boss Ravi Menon has apologised to banks for the lengthy delays to a new package of global regulatory reforms that may finally be agreed by December 7. Mr Menon, who sits on the supervisory body of the Basel Committee on Banking ... ( read original story ...)
Singapore Press : Bank of China, Lianhe Zaobao and UnionPay International launch new cards to drive Singapore’s cashless society vision
Singapore, 24 November 2017 - Bank of China Singapore Branch (BOCSG) today launched new co-branded credit and debit cards in partnership with Lianhe Zaobao, the Chinese flagship newspaper of Singapore Press Holdings (SPH), and global payments brand UnionPay. ( read original story ...)
Mortgage is Critical to Housing Policy, Says Alufohai
Alufohai proposed a modeling of Nigeria’s mortgage system after that of Singapore where its citizens obtain 20 to 30-year low interest mortgages to acquire houses through a pool of funds into which all workers must contribute 20% of their salary. ( read original story ...)
From policeman to property developer
At the recent PropertyGuru Asia Property Awards held on 7 November, Oxley Holdings’ executive chairman and CEO Ching Chiat Kwong was honoured as the Singapore Real Estate Personality of the Year by the editors of Property Report magazine. It’s a huge ... ( read original story ...)
Property trends in 2018
According to Cushman & Wakefield Singapore’s research head Christine Li ... that home prices across the city-state are indeed recovering, the PropertyGuru Property Index shows that asking prices of over 200,000 homes listed on the website have ... ( read original story ...)
‘Mortgage critical to realistic housing policy’
“The most efficient focus of housing policy is for the government to assist millions of Nigerians obtain lower-interest mortgages; this is how most citizens are helped to acquire houses in many countries with successful housing policy such as ... ( read original story ...)
Singapore’s Big Week In Blockchain Progress
According to reports in the Business Times, Singapore’s central bank participated in a three-hour-long meeting late last week with Hong Kong to discuss the initiative, which has a lot of concerns to consider before the rollout. Reports said officials are ... ( read original story ...)
Has the Singapore property market turned the corner?
According to the latest real estate forecast report published by the Urban Land Institute (ULI) and PwC, we’re seeing the end of the dark night of the soul for the local property scene as Singapore leapfrogs its way from near the bottom of the table to ... ( read original story ...)
Property agency expands into S’pore amid housing market recovery
London-based property specialist Chestertons and Singapore’s RHT Wealth Holdings have teamed up to launch a new real estate consultancy in the city-state that will serve as its gateway into the rest of the region. Known as RHT Chestertons, the company ... ( read original story ...)