Tag: property

“Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” said its head for Asia-Pacific ratings Elena Okorochenko during a conference in Singapore on Wednesday (13 September). SEE ALSO: Hong Kong Finance ... ( read original story ...)

SINGAPORE: Singapore property prices are set to jump 10 per cent by the end of next year, according to United States banking giant Morgan Stanley. The bank’s in-house experts expect private home prices to start rising next month – instead of early next ... ( read original story ...)

The optimistic outlook for the property market is partly due to the slew of en bloc deals since May 2017. Morgan Stanley has released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this ... ( read original story ...)

Four banks are now offering this type of mortgage following the recent drop in interest rates. In a bid to take advantage of Singapore’s recovering property market, four lenders here are now offering three-year fixed-rate home loans, reported the ... ( read original story ...)

Nonetheless, the foreign buyers seem to be slipping out of the driver’s seat, when it comes to Singapore property. More locals are now buying, and they seem to be predominantly owner-occupiers. According to Cushman & Wakefield director Christine Li ... ( read original story ...)

Analysts expect the Singapore economy to grow by 2.5 percent this year, unchanged from their previous forecast, according to a Monetary Authority of Singapore (MAS) survey. For Q3 2017, gross domestic product (GDP) is expected to increase by 3.1 percent. ( read original story ...)

This comes as Singapore developers came out strong in the collective sales market and private land deals, even as foreign developers crowded them out in government sales of residential sites, the report said. SEE ALSO: Developers pay more for sites amid ... ( read original story ...)

Some large Singapore developers, which are diversified across asset classes and markets, are sitting on small residential inventory compared to their smaller peers after years of derisking their residential portfolio in response to property cooling measures. ( read original story ...)

These areas include Paya Lebar Road, Jurong West and Woodlands. Tay believes that the higher DC rates reflects the chief valuer’s optimistic outlook for the Singapore property market in the next six months. “(It) gives a strong hint of what can be ... ( read original story ...)

SINGAPORE - Bank lending rose 5.9 per cent year on year in July, slowing from June's 7.6 per cent growth, which was the fastest in more than two years as both business and consumer loans improved. Loans were also higher for the 10th straight month ... ( read original story ...)

SINGAPORE, Aug 31 (Reuters) - Singapore's total bank lending in July fell 0.5 percent from June, due to a decline in loans to businesses, central bank data showed on Thursday. Loans and advances by domestic banking units in the city-state amounted to S$632 ... ( read original story ...)

To sip on cocktails from The Other Room’s new secret menu, you’ll first have to try all 30 of its signature drinks Singapore homebuyers have had ... that means you need to fork out more cash in home loan repayments every month. That could explain ... ( read original story ...)

The proportion of foreign property buyers in Singapore remains low, data shows. With the Additional Buyer’s Stamp Duty (ABSD) and strengthening Singapore dollar, foreign demand for homes in Singapore remained muted even as private home sales soared 50 ... ( read original story ...)

Singaporeans account for close to 80 percent of private home buyers here. Local buyers have been driving Singapore’s resurging residential property market, accounting for 77.6 percent of private home buyers during the first seven months of 2017 ... ( read original story ...)

Claims bank is blocking access to evidence in separate case Georgian billionaire Bidzina Ivanishvili sued Credit Suisse Group AG in Singapore, New Zealand and Bermuda, alleging the bank must have known about the actions of a former employee who forged ... ( read original story ...)

The three listed banks in Singapore are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). The banks make up close to 37% of the Straits Times Index (SGX: ^STI) and are loved ... ( read original story ...)