JustCo, a Singapore-based provider of shared workspaces, has just closed a series B funding round in which publicly traded Thai property developer Sansiri was the sole participant. The investment amount was not disclosed, but the Singaporean company said ... ( read original story ...)
Daily Briefing: Property agencies move towards mega mergers; Singapore’s oil problem is barely over
The property agency industry has been abuzz with recent mergers and how technology is disrupting the way agents do business. It started in June when PropNex Realty announced a merger with Dennis Wee Group (DWG) to form the largest agency in Singapore with ... ( read original story ...)
Singapore stocks edge lower as lenders drag
Singapore stocks edged lower on Tuesday ... It ended 0.01 percent higher on Monday, taking the year-to-date performance to about 14 percent. United Overseas Bank dropped 0.3 percent, Overseas-Chinese Banking Corp lost about 1 percent and DBS Group Holdings ... ( read original story ...)
Singapore’s Property Market: Is 2018 The Right Time To Start Investing In Private Properties Again?
Last week, URA reported that the private residential property index for 3Q2017 have increased by 0.5 per cent. This is the first time an increase has been seen, after 15 straight quarters of decline. Having endured a lacklustre market for four years, there ... ( read original story ...)
Singapore property recovery may leave agents behind
SINGAPORE (Nikkei Markets) -- Singapore's housing market is posting a strong recovery but the city-state's real-estate agents may not benefit much as newcomers in the property technology space displace them by matching buyers and sellers. The approach ... ( read original story ...)
ASEAN Landscape: Singapore
It appeared first on the Bloomberg Terminal. Singapore’s green shoots may require nurturing by central bank Singapore’s economy gained momentum in 2Q but remains vulnerable to domestic and external risks. Mortgage lending has picked up and the outlook ... ( read original story ...)
5 foreign nationalities snapping up Singapore property in 2017
Foreigners are making a comeback in Singapore’s residential property market after pulling back from it in 2012, following the implementation of the additional buyer’s stamp duty (ABSD). Based on the number of caveats lodged, statistics by the Urban ... ( read original story ...)
What is the cost of refinancing in Singapore and is it worth it?
They'll be happy to explain all the potential costs you might encounter, as well as help you find the best home loan refinancing options in Singapore. What else do you consider other than the cost of refinancing? Share your thoughts with us. ( read original story ...)
Singapore’s Central Bank Plans to Regulate Bitcoin Payments
The minister for the Monetary Authority of Singapore (MAS), the nation's central banking authority, has said the institution is working to create a regulatory framework for bitcoin payments. In response to a question on the matter from an MP, Tharman ... ( read original story ...)
Singapore central bank to spearhead harnessing of blockchain tech for interbank payments
The Monetary Authority of Singapore (MAS) has formed a consortium with The Association of Banks in Singapore (ABS) to develop software prototypes for decentralised inter-bank payments and settlements using the blockchain technology. According to a joint ... ( read original story ...)
Singapore Property Stocks Jump as Big Sales Buoy Sentiment
Shareholders of Singapore developers have another reason to rejoice: en-bloc sales are at a ten-year high, according to some estimates. A spate of en-bloc sales this week, or redevelopment deals in which a group of owners band together to sell apartment ... ( read original story ...)
Singapore stocks rally for second day as lenders advance
Singapore stocks gained for a second day on Friday ... It ended 0.78 percent higher on Thursday, taking the year-to-date performance to about 13 percent. United Overseas Bank gained 0.8 percent, Overseas-Chinese Banking Corp gained 0.4 percent and DBS ... ( read original story ...)
Singapore Central Bank Reveals 3 New Blockchain Payments Prototypes
Singapore's de facto central bank has disclosed new details about its research into financial applications of blockchain. The Monetary Authority of Singapore (MAS), along with the Association of Banks in Singapore (ABS) trade group, today unveiled a new ... ( read original story ...)
Nikkei Asia300 Index edges higher as Singapore property developers advance
MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Thursday, helped by Singapore property developers and positive U.S. cues. The Nikkei Asia300 Index rose 0.2% to 1,315.07. Trading was thin as markets in Hong Kong, China, and South Korea were ... ( read original story ...)
REDAS: Fast-paced land acquisitions at higher prices not sustainable
“With property measures in place, slow growth in Singapore’s population and manpower curbs, we do not see runaway demand in sales transaction volume and property prices in the next few years,” he said at the Redas Mid-Autumn Festival Lunch. In ... ( read original story ...)
New London landmark to launch in Singapore
UK developer St Edward will be exhibiting the first phase of its Royal Warwick Square development in London at St Regis Singapore next weekend (14 to ... a school and green spaces spread across seven acres. Property consultancy JLL’s forecast up to ... ( read original story ...)