21 Jan '15, 3am

#singapore #property Singapore banks facing a storm: Banks in Singapore will face a sev...

#singapore #property Singapore banks facing a storm: Banks in Singapore will face a sev...

Comment E-mail to friend Bookmark & Share Banks in Singapore will face a severe test as home prices drop while interest rates edge higher, according to media reports. UOB, for instance, sued the developer of Marina Collection in Sentosa Cove and some home buyers after 37 out of 38 units at the development defaulted. The gloomy situation is further exacerbated by rising interest rates. Notably, the three-month SIBOR, a benchmark rate which most mortgages are tied to, has increased almost half to 0.65 percent since the start of the year. Even prior to that, the Monetary Authority of Singapore (MAS) revealed that the non-performing housing loan ratio rose for the first time in three years, climbing by up to 0.4 percent in Q3 2014. Analysts caution that while more defaults are expected, there is no need to panic. “Anybody who has been punting, anybody who has been speculating ...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

Case of the S$2 mln furniture vouchers grips Si...

reuters.com 21 Jan '15, 9pm

SINGAPORE Jan 22 (Reuters) - Perks used by property firms in Singapore to entice buyers of luxury apartments are under scr...

Case of the S$2 mln furniture vouchers grips Si...

reuters.com 21 Jan '15, 9pm

SINGAPORE Jan 22 (Reuters) - Perks used by property firms in Singapore to entice buyers of luxury apartments are under scr...

Singapore Empty Homes May Climb to Highest Since 1998

Singapore Empty Homes May Climb to Highest Sinc...

my-property-report.com 21 Jan '15, 2am

Sam King had a pleasant surprise when the lease on his Singapore apartment came up for renewal late last year. For the fir...

Xiaomi increase prices of its Mi Power Banks

soyacincau.com 22 Jan '15, 2pm

If you’ve been itching to buy something, Xiaomi Malaysia will have an open sale starting from 28th January 2015 at 12PM an...

More Singapore Homes to Remain Empty as Property Sector Cools Down

More Singapore Homes to Remain Empty as Propert...

Residential buildings stand in public housing estates in the Toa Payoh district of Singapore, on Aug. 11, 2014. (Bloomberg...

3 economic advise from AWO: Hold out on politics and the internal squabbles first. Maybe later late afternoon,...

3 economic advise from AWO: Hold out on politic...

So overall, Malaysia has taken the right steps to review our economic & fiscal position and outlined the necessary strateg...

Interest rate effect may threaten #property pri...

twitter.com 21 Jan '15, 4am

To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

Rolexes snapped up in Singapore before prices c...

straitstimes.com 19 Jan '15, 10pm

Rolexes flew off the shelves over the weekend after the Swiss franc's surprise appreciation last Thursday sent Singapore's...

Singapore banks resilient against rising property risk: Fitch

Singapore banks resilient against rising proper...

channelnewsasia.com 30 Jan '15, 10am

SINGAPORE: The Republic’s banks are expected to weather the correction in the city-state's home prices as household debts ...

Rising interest rates and falling property pric...

wsj.com 30 Jan '15, 3am

A sharp jump in Singapore’s money market rates is threatening to make mortgages more expensive, a potential drag on an eco...

Singapore Property Sales Hit 6 Year Low: The Si...

nuwireinvestor.com 21 Jan '15, 2pm

Share RSS Print E-mail Comments The Singaporean government’s cooling measures have had a major impact: sales of new privat...

Singapore

Singapore

straitstimes.com 19 Jan '15, 7am

SINGAPORE -The drinking of alcohol between 10.30pm to 7am in public places, including parks and HDB void decks, could soon...

Antichrist Pope flees Philippine storm, cuts sh...

sg.news.yahoo.com 17 Jan '15, 4am

Pope Francis was forced Saturday to flee a fierce storm in the Philippines that killed a papal volunteer, cutting short a ...

Asia, Singapore, Geylang: Singapore - the beginning of 18 days of food and fun!

Asia, Singapore, Geylang: Singapore - the begin...

travelblog.org 20 Jan '15, 11am

Asia » Singapore » Geylang October 13th 2014 Published: January 20th 2015 EDIT THIS ENTRY 3 Bears 'Eng Seng' Mmmmm - amazi...