Tag Archives: Housing

China's little emperors prop up Aussie housing market

China's little emperors prop up Aussie housing market
“Without my parents, it would still be difficult for us to bear the large mortgage loans.” Han is among scores of buyers who with the backing of relatives in China are underpinning a housing market in Australia that's coming off the boil. More than …
Read more on The Edge Property Singapore (press release) (registration)

Latest Singapore Housing Loans News

THE YOGA TEACHER: Skills and mat are all that's needed
She lives with a cousin and another flatmate in a Housing Board unit near Geylang. She also rents a studio at a nearby shopping mall to teach groups, but did not want to comment on the rent. Freelancing really works for her because all she needs are …
Read more on The Straits Times

Latest Singapore Housing Loans News

News Roundup (26/03/16 – 08/04/16)
Prices of private residential properties in Singapore dipped by 0.7 percent in Q1 2016 from the previous quarter, according to flash estimates released on 1 April by the Urban Redevelopment Authority (URA). … “The government will maintain measures to …
Read more on PropertyGuru Singapore

Shenzhen's Banks Asked to Tighten Mortgage Loan Standards
The central bank research unit in Shenzhen, in the statement, also asked banks to not lend to any buyer who has borrowed mortgage loans twice in the past two years, or to those that have obtained credit for down payments from small companies or peer-to …
Read more on Bloomberg

OCBC offers lower mortgage rate — but for just 15 days
SINGAPORE — Aiming to capture a bigger slice of the home loan pie from its rivals amid the weak property market outlook and rising interest rates, Oversea-Chinese Banking Corp (OCBC) today (Feb 12) announced a mortgage package significantly lower …
Read more on TODAYonline

Latest Singapore Housing Loans News

China economic growth slows further
Nerves were rattled yesterday, however, when the yuan and other Asian currencies dropped sharply against the dollar after Singapore's central bank restrained appreciation in its currency to spur growth. But there were signs in today's data release that …
Read more on The Australian

Two Harvard Students Are Changing Lending in Southeast Asia
Traveling to the region during school breaks, the students raised $ 1.2 million from venture capitalists in Singapore and Jakarta to back their project, which also will earn them academic credit. They pooled another $ 400,000 on their own. Their biggest …
Read more on Bloomberg

UOB gets nod to sue over inflated home loans for Sentosa Cove condo
The sale price adjustments of the 99-year lease units breached housing loan cap rules set by the Monetary Authority of Singapore, UOB alleged. The bank also claimed it had been misled by Lippo Group subsidiary LMC and the other defendants, as it was …
Read more on The Straits Times

Latest Housing And Development Board News

Howard planning board tackles Downtown Columbia affordable housing plan
After more than a decade of debate on how to include affordable housing in downtown Columbia, the County's planning board is tackling a sweeping package of development proposals that includes nearly 1,000 affordable units tied into an increase in …
Read more on Baltimore Sun

Meet the judges
We thank our advisory board, who will select the Vanguard Award winners. Here they offer … Max Stier, president and CEO of Partnership for Public Service, former deputy general counsel for litigation at the Department of Housing and Urban Development.
Read more on Federal Times

Cleanup, land purchase may boost Cook County Hospital redevelopment cost
The board could vote on the plan as early as next month. Preckwinkle first … The old hospital building would be converted into a hotel, apartments and shops during the first phase of a more expansive development of the overall site that could take 15 …
Read more on Chicago Tribune

Latest Singapore Housing Loans News

FINTECH BRIEFING: Regulation threatens banks – Marketplace lenders form trade
Plug and Play runs 3-month fintech accelerator programs designed to encourage corporates to work with startups, and provides a co-working space that currently houses 400 startups. Corporate … R5's expansion is also important to Singapore. Regulators …
Read more on Business Insider

Bank loan or HDB loan to buy a home: Which is better?
But unlike a game of Rathers, home loan discussions are seldom accompanied by laughter and beer (unless you're awesome). No, picking a home loan is a … HDB concessionary loans are a provision for Singaporeans. The interest rate for a HDB loan is 0.1 …
Read more on AsiaOne

Latest Singapore Housing Loans News

Subprime-Housing Risks Raise Red Flags in China
NANJING, China—Government efforts to tackle a glut of vacant housing in China by spurring home lending have triggered a bigger problem: a surge in risky subprime-style loans that is generating alarm. Home buyers in China normally put … “Having …
Read more on Wall Street Journal

Singapore property market 'remains in down cycle'
Public home values in Singapore are stable in the first three months of 2016 with a marginal 0.1% decline – and are expected to remain flat in the tight financing and regulatory environment, says PropNex Realty. The first quarter HDB resale market …
Read more on OPP.Today

Latest Singapore Housing Loans News

Singapore Feb bank lending dips as general commerce loans slide
Housing and bridging loans in February stood at S$ 185.3 billion, similar to January's level. These loans totalled S$ 178.4 billion in February last year. Loans and advances in non-Singapore Asian currencies (ACU) totalled at S$ 533.0 billion in February …
Read more on Reuters

Latest Singapore Housing Loans News

Budget 2016: No Singaporean left behind
A new SME Working Capital Loan will also help SMEs get financial help, with the Government co-sharing 50 per cent of the loan default risk for loans of up to $ 300,000 per SME. Singaporean workers will also get more support, to help them grow and adapt …
Read more on AsiaOne

Bank Loan vs. HDB Loan: Which is Better?
HDB concessionary loans are a provision for Singaporeans. The interest rate for a HDB loan is … Otherwise, visit home loan sites like MoneySmart, which will display the interest rates of all the banks offering home loan packages. From there, you'll …
Read more on Yahoo Singapore News

Latest Singapore Housing Loans News

Age an obstacle to finding work: Senior job seekers
Some 1,500 jobs were available from 22 participating companies in the food and beverage, retail, logistics, security, healthcare, shipping and construction sectors, with many located in the western part of Singapore. Madam Tan Bee Keok, 48, who …
Read more on TODAYonline

Giving unwed mothers more benefits an inclusive move
Asked if he thought Singapore could be ready for more change, he said: "I think sentiments are changing and the next big move could cover housing – that is probably the need, the next most important area. "Am I saying that I support people to bear …
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Despite MAS move, Singdollar remains Fed-driven: analysts
The three-month Singapore interbank offered rate (Sibor) used to price home loans had fallen to one per cent from 1.25 per cent on Jan 19. It was little changed on Thursday. The more volatile three-month swap offer rate (SOR), used for commercial loans …
Read more on AsiaOne