On a more complex level, you can also consider that the rate of inflation (the rising cost of goods) is around 3% in Singapore. Your property loan interest however, is far below this; home loan rates have been below 2% for more than a decade (although the ... ( read original story ...)
Singapore investors ramp up cross-border commercial real estate activity in Q1
according to a report from Real Capital Analytics (RCA), with a significant increase in property investments in Australian, Japanese and Indian markets. Singapore to Australia trade volumes ballooned by a whopping 141% to $3.5b over the past twelve months ... ( read original story ...)
Frasers Property, GIC and JustCo invest US$177m to build co-working space in Asia
Multi-national property company Frasers Property and Singapore’s sovereign wealth fund GIC have collaborated with co-working space provide JustCo to develop a co-working space platform across Asia. This sees all three companies investing US$177 million ... ( read original story ...)
Singapore’s ultra wealthy lured to shophouses despite lower yields
“With a positive outlook for residential, commercial and hospitality property sectors, shophouses which are hybrids of these sectors, could continue to appeal to boutique investors,” she added. Colliers Singapore and JLL Singapore are still actively ... ( read original story ...)
Property: Money matters you must know when moving home
... have to pay the Additional Buyers Stamp Duty (ABSD), if the second property is bought under the current property owner’s name. For Singapore citizens, the ABSD is seven per cent of the property price or valuation (whichever is higher). So if you ... ( read original story ...)
Singapore: Frasers Property Ltd (FRPL:SI) Heffx Technical Analysis
Overall, the bias in prices is: Downwards. The projected upper bound is: 1.99. The projected lower bound is: 1.85. The projected closing price is: 1.92. A black body occurred (because prices closed lower than they opened). During the past 10 bars, there ... ( read original story ...)
Frasers Property : GIC, Frasers Property and JustCo jointly invest US$177 million to develop co-working platform across Asia
SINGAPORE, 16 May 2018 - GIC, Singapore's sovereign wealth fund, and multi-national property company Frasers Property Limited ("Frasers Property"), are partnering with JustCo, a leading co-working space provider in Singapore, to develop a co-working space ... ( read original story ...)
Stocks to watch: Frasers Property, Keppel, Aspen
SINGAPORE - The following companies saw new developments that may affect trading of their shares on Wednesday (May 16): Frasers Property: Frasers Property, Singapore's sovereign wealth fund GIC, and co-working space provider JustCo are jointly investing US ... ( read original story ...)
SilkAir to adopt Singapore Airlines brand, get lie-flat business class
Singapore Airlines' regional arm SilkAir will be folded back into its parent airline, losing its 26-year old brand and adopting the iconic colours and Kris logo of Singapore Airlines. SilkAir will also adopt a lie-flat business class seat across its single ... ( read original story ...)
Singapore: UOB (UOBH:SI) Technicals Indicate a Bullish Trend
Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 30.69. The projected lower bound is: 28.44. The projected closing price is: 29.57. A black body occurred (because prices ... ( read original story ...)
Singapore Morning News For May 17
The Singapore Government made 244 requests to Facebook for information covering 310 accounts from July to December last year, according to transparency report released by the social media giant on Wednesday (May 16). Enterprise Singapore announced that ... ( read original story ...)
Mitsubishi Corporation, Krungsri and Standard Chartered Pilot Payments from Thailand to Singapore on RippleNet
Mitsubishi Corporation, Standard Chartered and Bank of Ayudhya (Krungsri) — a Thailand subsidiary of MUFG Bank — jointly announced a pilot test for payments between Singapore and Thailand with xCurrent. With production volume growing on RippleNet at an ... ( read original story ...)
Singapore private banking bonuses up by as much as 7% in 2017
Gone are the days of pure cash bonuses as bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares. As a growing number of Asia’s ultra wealthy are calling Singapore home, private banking continues to gain momentum in the ... ( read original story ...)
6 individuals issued prohibition orders for mis-selling investment products: MAS
A sixth individual, Zheng Xuemei, a 36-year-old former relationship manager from Citibank Singapore, was also issued a PO for the same offence. The actions taken against them follow a “series of wide-ranging investigations”, said the MAS. Between 2009 ... ( read original story ...)
Singapore non-oil exports recover to rise 11.8% in April, but electronics shipments continue to slide
SINGAPORE – After shrinking for two straight months, Singapore’s non-oil domestic exports returned to growth in April as rising non-electronic exports outweighed a slide in electronics shipments. Non-oil domestic exports (Nodx) surged 11.8 per cent in ... ( read original story ...)
Singapore Airlines beats expectations with highest profit in seven years
SINGAPORE (Reuters) - Singapore Airlines Ltd (SIAL.SI) on Thursday topped market expectations by reporting a 148 percent rise in full-year net profit to the highest level since 2011, as passenger and cargo revenue rose and it benefited from a ... ( read original story ...)