Tag: property

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: 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 ...)

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 ...)

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 ...)

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 ...)

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, 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 ...)

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 ...)

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 ...)

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 ...)

“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 ...)

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 ...)

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 ...)

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 ...)

Quoine joins about 10 firms specializing in cryptocurrency and payments services whose bank accounts have been shut in Singapore, where the financial regulator oversees only some activities related to the industry. Japanese authorities are taking a more ... ( read original story ...)

Seven banks in Singapore, including DBS Bank, OCBC and United Overseas Bank will be offering cashless payments in Singapore via NETS' QR code platform by mid-2018. The top three lenders will be joined by HSBC, Maybank, Citibank and Standard Chartered Bank ... ( read original story ...)