Tag Archives: Loans

Latest Singapore Property Loans News

Lifting curbs 'not key to property sector's outlook': Lawrence Wong
The property market's long-term prospects are not dependent on whether market cooling measures are lifted but the overall state of the local economy, said National Development Minister Lawrence Wong. Real estate industry players have … The Government …
Read more on The Straits Times

Big PH firms turn to real estate in Europe
Scholten noted that ING had over 220 dedicated real estate financing experts in eight of the most liquid markets in Europe, teams in New York, Australia, Hong Kong, and Singapore. “Our global connectivity and local presence are particularly relevant to …
Read more on Inquirer.net

Billionaires, Former Billionaires Outed For Offshore Wealth By The Panama Papers
One of the world's largest data leaks, called the Panama Papers, is shedding light on the world of offshore financing, used frequently by many of the richest and most powerful around the globe. An anonymous source reportedly tipped off … Two years …
Read more on Forbes

Latest Singapore Property Loans News

From despair to desire to help others in debt
Harassed by loan sharks and overwhelmed by debt, Ms Santha K. M. swallowed 15 to 20 paracetamol pills and went to sleep, expecting never to wake up again. The 54-year-old was lucky to survive the ordeal last … It was money that the customer service …
Read more on The Straits Times

MAS eases monetary policy, to stop Singapore dollar from rising
After the 6.2 percent expansion recorded in Q4 last year, Singapore's economy stalled in Q1 and registered a flat growth on a quarter-on-quarter seasonally adjusted annualised basis, the advanced estimates by the Ministry of Trade and Industry revealed.
Read more on PropertyGuru Singapore

Daily Briefing: Luxury home prices slump; SME loan targets HDB shop owners
It can get tiring, our daily grinds to earn enough dough to pay the mortgage, upgrade to a bigger place or a higher property class. Fortunately, if we need to get away for a weekend, Singapore is located within easy reach of fun and relaxing destinations.
Read more on Singapore Business Review

Latest Singapore Property Loans News

Singapore bank lending dips in February
Loans and advances through domestic bank units amounted to S$ 596.2 billion last month, down from S$ 600.2 billion in January. Meanwhile, housing and bridging loans in stood at S$ 185.3 billion last month, staying at the level as that in January. These …
Read more on PropertyGuru Singapore

New programme launched to train chartered business valuer
"We have also positioned Singapore as an intellectual property hub, and one area we are encouraging is the use of IP as collateral for loans and financing. In order for banks and financial institutions to determine how much to lend many will need to …
Read more on The Straits Times

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 Property Loans News

CBA joins crackdown on foreign property buyers
ANZ said loans are originating from across China, Hong Kong, Malaysia, Singapore and Indonesia. But the bank, which has a network of affiliates and operations across the region, said it had no record of some of the companies claiming to paying the …
Read more on The Australian Financial Review

Real Estate Downturn Does Not Bode Well For Architects And Engineers
The economic downturn has affected the real estate market in Singapore and the people working in it. Architecture and engineering firms are at risk of facing worse redundancies for their staff this year compared to last year. The number of people that …
Read more on Yahoo Singapore News

Singapore's Non-Oil Exports Plunge Most in Three Years in March
Billionaire investor George Soros said Wednesday that China's credit-fueled economy resembles the U.S. in 2007-08 before the global financial crisis and most new loans are going toward servicing bad debt and keep loss-making enterprises alive. Andrew …
Read more on Bloomberg

Latest Singapore Property Loans News

CITY DIARY: Why is an ex-SAS and MI6 operative wining and dining bankers in
Organisers of today's Commercial Retail Estate Finance spring conference at Allen & Overy's City offices, an annual snoozeathon for property investment types, have desperately tried to jazz up their dull-as-ditchwater schedule by naming each talk after …
Read more on This is Money

BUSINESS IN BRIEF 21/4
The TPP was signed by economic ministers from Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam in New Zealand on February 4, 2016. The TPP is now undergoing a …. Likewise, Nguyen …
Read more on VietNamNet Bridge

5 Next-Level Investments 20-Somethings Should Be Making Now
Not only are the returns in these countries extremely high, the prices are low enough that many Millennials should be able to afford them as second homes. In growing countries like Nicaragua and Cambodia, it's possible to buy apartments in the …
Read more on Elite Daily (blog)

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 Singapore Property Loans News

Singapore Air Low-Yield `Bugbear' to Benefit on Weak Dollar
The central bank's move is bad for domestic consumption and property, but potentially good for bank margins, said Mixo Das, an equity strategist at Nomura Singapore Ltd. “On the one hand, some currency weakness helps competitiveness for exporters, but …
Read more on Bloomberg

Daily Markets Briefing: STI up 0.3%
Although the STI managed to put on more gains last Friday to close above the important 2919 support, overall volume was flat at just under 1.3b units traded; average value/unit also slipped sharply to S$ 0.68 from S$ 1.00 the previous session. As such …
Read more on Yahoo News

Resilient CapitaGreen shields CCT as office rents slide
Majority of leases secured at the property will expire beyond 2018, which DBS said will protect the asset from the anticipated spike in office supply from 2016-2018. "While leases signed in 2014 have begun operations, we note that most tenants who …
Read more on Yahoo News

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