As spot Sora trends downwards, floating mortgage interest rates may roll back to 2.00-2.50 per cent soon for home loans. The post Floating mortgage interest rates may roll back to 2 – 2.5% soon ... ( read original story ...)
Look Ahead 2023: Fewer BTO flats eligible for resale among property trends to watch; experts urge HDB upgraders to be cautious
First-time flat owners hoping to sell their homes this year will have less competition, with close to 50 per cent fewer flats completing their minimum occupation period in 2023 compared to last year. ( read original story ...)
Mortgage stress in Singapore is rising
As interest rates for home loans continue to climb, mortgage stress levels escalate. Two in five Singaporeans (40 per cent of Singaporeans) faced some difficulties in paying off their mortgage loans ... ( read original story ...)
Home loan rates will remain high before dipping in 2024. What should home owners do?
With rising interest rates, many home owners are now considering their circumstances and weighing the options. Read more at straitstimes.com. ( read original story ...)
Singapore private home prices increased 8.4% in 2022, slower growth than preceding year
SINGAPORE: Private home prices in Singapore rose by 8.4 per cent in 2022, compared with the 10.6 per cent increase in 2021, according to flash estimates released by the Urban Redevelopment Authority ... ( read original story ...)
Ramped up housing supply may slow rising property prices in 2023: Analysts
SINGAPORE: Property analysts expect property prices to continue climbing next year, but a strong supply of new homes may help moderate the anticipated spike. For new private homes, the jump could be ... ( read original story ...)
Commentary: Don’t be fooled by fake job offers in a tight labour market
The deceptions used by scammers to trap victims are never straightforward, and a nimble approach is needed to combat them, says Open Government Products’ Hygin Prasad Fernandez. ( read original story ...)
12 reasons to be happy (or scared) about the Singapore property market in 2023
From a new war in Europe, to record-high interest rates, to new cooling measures. There are definitely some bumps ahead in the coming year, but there's always ... ( read original story ...)
Singapore’s November core inflation rises 5.1%
SINGAPORE: Singapore's key consumer price gauge rose 5.1% in November, only slightly higher than forecast, official data showed on Friday. ( read original story ...)
Untold mystery of the luxury condo that was never built in Singapore: The Ferrari-themed Ferra in Orchard
Singapore's property development scene has a nearly 100 per cent rate of successfully completed projects. It's a rare occasion when a developer can't follow through, or willingly abandons a project ... ( read original story ...)
Divorced Indonesian couple in court fight over 3 ‘investment’ properties in central Singapore
SINGAPORE: A family court has granted the green light for an Indonesian woman to go ahead with her bid to seek her share in three Singapore properties she co-owned with her ex-husband and his brother. ( read original story ...)
HDB investigating ‘vacant’ BTO flats listed for sale on property portals; 53 such cases since 2017
Of these, 21 owners had their flats compulsorily acquired by the HDB, while the rest were issued fines or warnings. Read more at straitstimes.com. ( read original story ...)
Empty BTO flats up for sale on property portals, despite 5-year MOP rule for owners
SINGAPORE - At least three unrenovated Build-To-Order (BTO) flats that appear to have never been lived in before are up for sale on property listing portals, despite the Housing Board’s rule that flat ... ( read original story ...)
Singapore property prices may climb more slowly in 2023, say analysts | Video
Singapore's property market may see prices climb more slowly next year as homebuyers stay prudent in uncertain times, and more supply enters the market. Analysts anticipate prices to increase by up to ... ( read original story ...)
Analysis-Bank of Japan Gives an Inch, Investors Ready to Claim a Mile
But rather than providing breathing room, investors say it is likely to encourage more of the sort of pressure that has bent the bond market out of shape. "We haven't traded Japan today, which just ... ( read original story ...)
5 pro tips to consider when taking out a personal loan in Singapore
Mortgage specialists from MoneySmart can help you find out what's the best home loan in Singapore for you. HDB loans are a breed apart. These have a 30 per cent MSR (Mortgage Servicing Ratio) cap. ( read original story ...)