Tag: property

Economists have raised their forecasts for Singapore’s economic growth in 2018, as they upgraded their views on private consumption as well as wholesale and retail trade, a central bank survey showed on Wednesday. Singapore’s gross domestic product is ... ( read original story ...)

A floating rate is a home loan where the interest rate is pegged to the SIBOR or SOR. The SIBOR is the Singapore Interbank Offer Rate, what the SOR is the Swap Offer Rate. These are rates which are public knowledge so there’s a level of transparency. ( read original story ...)

SINGAPORE - Bank of Singapore's global market head for Greater China and North Asia, Derrick Tan, has taken on the additional role of chief executive of its Hong Kong branch since March 6, the private banking arm of OCBC Bank said on Monday. He replaces ... ( read original story ...)

In 2018, Singapore was ranked as the most important property market in ASEAN by Morgan Stanley's research. Given this, it is not surprising that Singapore is also home to some of the most expensive properties in the world. But just how nice and expensive ... ( read original story ...)

So what makes a good rental property investment? For answers, we looked at apartments and condominiums across Singapore that commanded gross rental yields of 4% and above, to identify their common characteristics. Current gross rental yields are calculated ... ( read original story ...)

(Photographer: Sanjit Das/Bloomberg) SINGAPORE Finance Minister Heng Swee Keat announced a range of tax increases in his budget, including a surprise hike in property levies, as he seeks to shore up savings to cope with a rapidly aging population. ( read original story ...)

Singapore’s ultra-wealthy population surged to 1,400 individuals ... which is lifting GDP as well as stock and property markets. ( read original story ...)

A homeowner in Singapore was horrified to see his naked body on a property listing site after taking a photo of his room while undressed. For months, neither the homeowner or his agent was aware that the x-rated picture had been posted online until ... ( read original story ...)

SINGAPORE remains a favoured destination for property investments among the world's ultra-wealthy, taking the fifth spot based on an overall global ranking by Knight Frank. In the property consultancy's Wealth Report 2018, Singapore is the third most ... ( read original story ...)

Home loan interest rates have been at historical lows since 2008, after the Global Financial Crisis. However, interest rates have been steadily climbing. Remember that the historical interest rate for Singapore home loans is close to four per cent ... ( read original story ...)

The startup, led by founder Jonathan Lui, has raised S$2.75 million (US$2 million) to date Soho’s founder Jonathan Lui In a small and competitive real estate market that is being fought over by two rival property marketplaces 99.co and PropertyGuru ... ( read original story ...)

In April 2014, our second Meet the Blogger session was held in the small lecture theatre at Marketing Institute of Singapore. I used the occasion to launch my new book No B.S. Guide to Property Investment and officially announce the setup of Property Club ... ( read original story ...)

As Singapore residential property prices look set to rebound following several years of decline, since its peak in 2013, many may expect rental prices to follow suit. While the rationale for this may be simple – higher property price must equate to ... ( read original story ...)

From street level, number 2 Wilby Road in Singapore’s affluent Bukit Timah seems, if anything, nondescript compared to its grandiose neighbours. Foliage tumbles from the front garden over a wooden fence, while an unkempt, once-white pillar modestly bears ... ( read original story ...)

The Singaporean government has increased the top marginal Buyer’s Stamp Duty (BSD) rate for residential properties to 4% to ensure that Singapore’s “tax system remains progressive”. The tax will be applicable on the portion of residential property ... ( read original story ...)

As its housing market testifies, Singapore — often hailed as the beacon of Asian free-market capitalism — is a tightly controlled economy. That the government has been able to preside over a boom in private house prices without an unaffordability ... ( read original story ...)