SINGAPORE: The Ministry of National Development (MND) and Housing and Development Board (HDB) on Monday (Aug 19) announced a set of measures to cool the resale market and to provide more support for ... ( read original story ...)
New property cooling measure to tighten HDB loan limits; larger grants for lower-income flat buyers
HDB will also provide more financial support for lower-to-middle income first-time home buyers by increasing the Enhanced CPF Housing Grant. The Ministry of National Development and HDB set out these ... ( read original story ...)
Loan-to-value limit for HDB loans lowered in new property cooling measure; eligible first-time buyers to get higher housing grant
SINGAPORE: The Ministry of National Development (MND) and Housing and Development Board (HDB) on Monday (Aug 19) announced a set of measures to cool the resale market and to provide more support for ... ( read original story ...)
Property groups should sell low-yielding investment properties, go slow in raising debt
ACCESS to debt appears fine for Singapore-listed property groups. Frasers Property announced in July that it had secured a sustainability-linked loan amounting to around S$904 million, comprising an ... ( read original story ...)
Asia markets take a breather after last week’s rally; inflation data and central bank decisions on deck
Traders will watch out for central bank releases, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting. ( read original story ...)
Housebreaking syndicates broke into 10 landed homes in Singapore since June and stole S$3.85mil: Police
SINGAPORE: International criminal syndicates have been breaking ... Long also faces one charge of fraudulent possession of property. The third individual – Wu Jinxing, 27 – is facing one charge of ... ( read original story ...)
Billionaire Jean Salata’s EQT Asia To Buy Singapore’s PropertyGuru For $1 Billion
The PropertyGuru app offers property listings across Singapore, Malaysia, Thailand, and Vietnam. EQT Private Capital Asia—an Asian buyout fund backed by Hong Kong-based billionaire Jean Salata—has ... ( read original story ...)
Singapore’s PropertyGuru Agrees To Be Taken Private By EQT AB In $1.1B Deal: Details
Once completed, PropertyGuru will go private, its shares will be delisted from the NYSE, and the company’s headquarters will remain in Singapore. Hari V. Krishnan, CEO & MD, PropertyGuru Group, said, ... ( read original story ...)
Johor-Singapore SEZ spurs interest in Johor properties
Discussions to finalise the JS-SEZ are set to take place at the Singapore-Malaysia Leaders’ Retreat. Read more at straitstimes.com. ( read original story ...)
Singapore home sales recover in July with more developer supply
Singapore’s new-home sales in July rose to the highest level since March, recovering from its weakest first half on record. ( read original story ...)
DBS Bank India Celebrates 30 Years with ‘India-Singapore Connect’
Singapore Connect' initiative. This program aims to strengthen the India-Singapore partnership by fostering dialogue and collaboration across sectors. Inaugurated in collaboration with CNBC-TV18, the ... ( read original story ...)
Common Mistakes to Avoid When Buying Property in Singapore
Many first-time buyers often overlook critical factors when purchasing property in Singapore, which can lead to costly errors. Understanding the unique market dynamics and regulations ... Read more ... ( read original story ...)
Singapore juniors most affected by Standard Chartered job cuts —report
"SG is the worst affected place. Surprisingly, MD's are unaffected, even though they say this is about costs," one junior banker said ... ( read original story ...)
President Tharman has been appointed co-chair of the World Bank’s High-Level Advisory Council on Jobs
SINGAPORE: President Tharman Shanmugaratnam of Singapore has been appointed Co-Chair of the World Bank Group’s... The post President Tharman has been appointed co-chair of the World Bank’s High-Level ... ( read original story ...)
Ho Bee Land posts $9.5m net profit, reversing last year’s loss
Meanwhile, Ho Bee Land reported a profit attributable to its owners of the company of $8.8m, a turnaround from the loss of $155.7m in H1 2023. The attributable profit translates to earnings per share ... ( read original story ...)
Singapore’s capital value growth weakens amidst new launch scarcity
Singapore ranked 23rd globally among cities with the strongest capital value growth for residential properties. ( read original story ...)