Tag: property

SINGAPORE: A Singapore property agency that marketed a US hotel project to an investor has been fined S$7,500, for failing to inform him in writing of the risks involved in buying foreign properties. The US developer was later charged with alleged ... ( read original story ...)

SINGAPORE investors ploughed more capital into real estate in the Asia-Pacific last year than a year earlier, with land and offices topping their list of purchases, even as their acquisition fervour back home continued to ease. Data from Real Capital ... ( read original story ...)

Alister Bennett, Managing Director of Singapore Lift Company (SLC), showing the prototype lift to reporters. (Photo: SLC) Singapore Lift Company (SLC) has launched the first composite lift in the world, paving the way for the city-state to manufacture a ... ( read original story ...)

Poor market sentiment has contributed to a drop in the number of registered property agents in Singapore. (Photo: CEA) There has been a continuous drop in the number of licensed real estate agencies and registered agents in Singapore, as more agencies and ... ( read original story ...)

Standard Chartered Bank Singapore chief executive Judy Hsu noted that this year, a cooling property market is likely to dampen the growth of the Singapore economy ("Bank chiefs eye growth areas to bank on amid volatility"; Jan 2). However, I urge the ... ( read original story ...)

Global Logistic Properties Ltd. has begun formally reaching out to potential bidders for the $7.8 billion industrial property owner, people with knowledge of the matter said. The Singapore-based company sent out an information letter to targeted bidders at ... ( read original story ...)

SINGAPORE prosecutors on Thursday filed 16 charges against the former local branch manager of Swiss-based Falcon Private Bank AG as part of an ongoing investigation tied to scandal-hit state investment fund 1Malaysia Development Bhd (1MDB). The bank, which ... ( read original story ...)

London’s property market is a favourite with Singapore’s affluent investors. But post-Brexit, the decision to invest in the UK has become complicated. While the British pound is now cheaper, making purchases more affordable, the prospects for an ... ( read original story ...)

The biggest stakeholders of United Engineers Limited (UEL), which has a market capitalisation of $1.7 billion, have officially begun evaluating buyer interest in the 105-year-old Singapore property conglomerate, reported Bloomberg, citing sources privy to ... ( read original story ...)

SINGAPORE (Reuters) - Singapore prosecutors on Thursday filed 16 charges against the local branch manager of Swiss-based Falcon Private Bank AG, as part of an ongoing investigation tied to scandal-hit state investment fund 1Malaysia Development Bhd (1MDB ... ( read original story ...)

SINGAPORE (Reuters) - Singapore prosecutors on Thursday filed 16 charges against the local branch manager of Swiss-based Falcon Private Bank AG, as part of an ongoing investigation tied to the scandal-hit Malaysian state fund 1Malaysia Development Bhd ... ( read original story ...)

"The one good thing is that interest rates were quite low." As recently as this summer, homebuyers had ultra-low mortgage rates on their side. Good news for any borrower, but especially for those in expensive housing markets like Los Angeles, Boston and ... ( read original story ...)

the time is particularly ripe to take that first dip into the local property pool. For foreigners in Singapore, however, it’s worth noting that strict government restrictions on foreign property ownership means that the pool that’s open to you is ... ( read original story ...)

It’s that time of the year where I take a look back at what’s happened over the past twelve months, then try and say something intelligent about the future direction of the property market over the next year. But this year I’m particularly ... ( read original story ...)

SINGAPORE Dec 30 Singapore total bank lending in November rose 0.4 percent from October, due to a rise in general commerce loans, central bank data showed on Friday. Loans and advances by domestic banking units in the city-state amounted S$610.6 billion ... ( read original story ...)

Many Singaporeans rode the property boom in the years from 2008 to 2013 to build a substantial level of wealth for themselves. But the last three years have been unkind to Singapore’s property market. The downturn in the real estate market is widespread ... ( read original story ...)