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Consumer loans were up 0.5 per cent month on month to $259.62 billion in December, mainly driven by a steady uptick in h...
29/01/2021

Consumer loans were up 0.5 per cent month on month to $259.62 billion in December, mainly driven by a steady uptick in housing loans for the fourth straight month to $201.36 billion. This comes on the back of rising private home prices in Singapore.

Housing loans rose for the fourth straight month to $201.36 billion.. Read more at straitstimes.com.

Interest rates will stay near zero for the foreseeable future, Federal Reserve chairman Jerome Powell said on Thursday.
16/01/2021

Interest rates will stay near zero for the foreseeable future, Federal Reserve chairman Jerome Powell said on Thursday.

Powell also said it's "not the time" for exiting asset purchases.

According to Minister for National Development Desmond Lee, the government will be looking at a two-pronged approach to ...
01/12/2020

According to Minister for National Development Desmond Lee, the government will be looking at a two-pronged approach to regulating HDB flats in prime areas such as the Greater Southern Waterfront (GSW).

Goodbye, million-dollar HDB flats.

Understanding the very high Hdb loan rates..
19/11/2020

Understanding the very high Hdb loan rates..

The HDB concessionary home loan rate is pegged to CPF interest rates. But is that a good idea since bank loans are cheaper?

What happens during a Hdb property inheritance?
18/11/2020

What happens during a Hdb property inheritance?

We thank Mr Thomas Chan Hean Boon for his feedback (β€œCan HDB clarify its communication policy on flat inheritance?”; Oct 29).

Good time to buy? You decide..
12/11/2020

Good time to buy? You decide..

SINGAPORE β€” Singaporean Jason Chen recently bought a S$1.7 million three-bedroom apartment in a swanky condominium, upgrading his home in the middle of the COVID-19 pandemic which has triggered the country's worst ever recession.

Prices for non-landed homes in Sentosa Cove have tumbled almost 40% since the peak around 2010.- Straits Times
08/11/2020

Prices for non-landed homes in Sentosa Cove have tumbled almost 40% since the peak around 2010.
- Straits Times

​While private home prices continue to rise, there is one place in Singapore where you can buy a property for almost the same price as 14 years ago.. Read more at straitstimes.com.

Hdb getting more and more expensive and I'm sure a good housing loan package will help lower the costs.. Financity is he...
05/11/2020

Hdb getting more and more expensive and I'm sure a good housing loan package will help lower the costs.. Financity is here to help if u need it.. PM us.. πŸ˜ŠπŸ‘πŸ»

SINGAPORE - While Housing Board (HDB) resale volume dipped in October compared to the previous month, prices continued to rise, indicating that demand remained relatively robust amid the Covid-19 pandemic.. Read more at straitstimes.com.

New BTO up for grasp..
04/11/2020

New BTO up for grasp..

North, Central, East and West areas are covered in this November 2020 HDB BTO launch featuring Sembawang, Tengah, Bishan, Tampines, Toa Payoh (Bidadari)

WHILE overall sentiment in Singapore's real estate market improved in the third quarter this year, worries seem to be gr...
31/10/2020

WHILE overall sentiment in Singapore's real estate market improved in the third quarter this year, worries seem to be growing over possible government intervention for private residential properties.

WHILE overall sentiment in Singapore's real estate market improved in the third quarter this year, worries seem to be growing over possible government intervention for private residential properties. Read more at The Business Times.

Authorities from Singapore and Hong Kong said on Thursday that they have reached an in-principle agreement to establish ...
15/10/2020

Authorities from Singapore and Hong Kong said on Thursday that they have reached an in-principle agreement to establish the bilateral air travel bubble.

This is different from reciprocal green lanes or fast lanes that are meant for official and essential business travel.

Those travelling under the bubble will have no restrictions on their travel purposes and will not need to have a controlled itinerary. Travellers will also not be subject to quarantine or stay-home notice requirements.

However, they will need to test negative on mutually recognised COVID-19 polymerase chain reaction (PCR) tests. Travellers under this arrangement will also be required to go on flights dedicated to those travelling under the bubble.

SINGAPORE: If there is a spike in COVID-19 infection rates in Singapore or Hong Kong, the newly announced bilateral air travel bubble will be ...

September private home sales in Singapore hit two-year high Data released by the Urban Redevelopment Authority (URA) on ...
15/10/2020

September private home sales in Singapore hit two-year high

Data released by the Urban Redevelopment Authority (URA) on Thursday (Oct 15) also showed that September's sales rose 5.6 per cent compared to a month ago.

Year-on-year, the number of units sold was up 4.6 per cent, compared to the 1,270 units sold in September 2019.

One analyst attributed the demand to buyers having confidence from seeing how the Singapore property market has recovered from past crises.

SINGAPORE: Private developers sold 1,329 new homes excluding executive condominiums in September, marking the highest monthly sale in more than ...

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