Tag: property

The Wellington-based cloud accounting software developer this week signed deals with the Hong Kong Shanghai Banking and the Development Bank of Singapore to bring the Asian lenders into Xero's expanding 'financial web'. The HSBC deal will let Hong Kong and ... ( read original story ...)

SINGAPORE: The Government’s tweaks to some residential property measures on Friday (Mar 10) are a timely move, but observers said these adjustments are unlikely to have a significant impact on the local property market. Even as the announcements marked ... ( read original story ...)

The Monetary Authority of Singapore (MAS) announced today it has completed a proof-of-concept trial of using distributed ledger technology (DLT – of which the blockchain is a type) to power domestic inter-bank payments. The announcement was made during ... ( read original story ...)

SINGAPORE, March 10 Singapore is cutting stamp duties sellers are required to pay on residential properties and easing some rules on borrowing thresholds, as part of a slight relaxation of property curbs imposed since 2009 to rein in the market. Volumes of ... ( read original story ...)

SINGAPORE: OCBC Bank is piloting a robo-advisory service for investors to help them monitor and manage their investments, using an algorithm-based formula. The online platform will offer clients direct advice on balancing investment portfolios without ... ( read original story ...)

Throughout our years as Mortgage Brokers in Singapore, we have come across many couples, men want to leverage (mostly) while women want to keep their home safe and want to pay down debt. The differences in behaviour could be traced to evolutionary ... ( read original story ...)

But borrowers worried about the potential effect on interest rates can lock in decent mortgage rates to see them securely through the next decade. According to rate scrutineers at Moneyfacts, three years ago there were only eight 10-year fixed-rate home ... ( read original story ...)

Apply BUC Home Loan here through us a Mortgage Broker and get $100 voucher* offered by our partners. (Check for Eligibility) Now that 3 banks have joined the war, will there be more? Buying a House in Singapore has never been more exciting. As long as ... ( read original story ...)

SINGAPORE's property market remains high on the agenda of Asia's ultra-rich, notwithstanding the cooling measures still in place. Its commercial properties are a top consideration for Asian ultra high net worth individuals (UHNWIs) keen on this asset class ... ( read original story ...)

Singapore has been ranked by Asian ultra-high-net-worth individuals (UHNWIs) as the second most preferred destination to acquire a residential property overseas after the UK, revealed Knight Frank’s latest Wealth Report. This comes as concerns over ... ( read original story ...)

Mortgage Broker, should I use one? How a mortgage broker can save you time and money? Mortgage brokers are specialist that are well versed with the banking loan process and have access to hundreds of mortgage and loan packages across many banks. Mortgage ... ( read original story ...)

SINGAPORE - Bank lending in Singapore dipped by a marginal 0.04 per cent in January from a month ago, after rising 1.1 per cent in December, as business loans weakened skightly. Loans through the domestic banking unit - which captures lending in all ... ( read original story ...)

If you are considering purchasing a home in Singapore, you have two options: HDB or private properties. For those buying a HDB flat, which represents about 80-90% of the market, deciding on whether to get a HDB concessionary loan or a HDB bank loan can be ... ( read original story ...)

Rates on two, five and 10-year fixed deals have fallen following a surge in late 2015, when Mark Carney, Governor of the Bank of England, made comments suggesting that a rate rise was imminent. Now, they appear poised to head back up again. Wholesale ... ( read original story ...)

For instance, if the property is worth S$800,000 and you took out at mortgage loan of $560,000, your LTV is 70%. In Singapore, most banks offer mortgage loans up to a maximum of 80% LTV, while HDB loans can get you up to 90%. The amount the bank can lend ... ( read original story ...

Singapore’s property demand remains "very resilient," supported by factors including low interest rates and a stable economy, National Development Minister Lawrence Wong said. “Our economy is still growing, so I think demand is still healthy and our ... ( read original story ...)