A Singapore Condo Blog: 2013

Sunday, September 22, 2013

UEM Sees Ringgit Drop, Singapore Curbs Aiding Property Sales - Bloomberg

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UEM Sees Ringgit Drop, Singapore Curbs Aiding Property SalesBloombergUEM Sunrise Bhd. (UEMS), Malaysia's second-biggest developer by market value, is betting the slide in the local currency and measures to curb property prices in neighboring Singapore will boost sales at its largest projects. UEM...UEM Sees Ringgit Drop, Singapore Curbs Aiding Property Sales - Bloomberg

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Friday, September 20, 2013

UEM Sees Ringgit Drop, Singapore Curbs Boosting Property Sales - Bloomberg

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UEM Sees Ringgit Drop, Singapore Curbs Boosting Property SalesBloombergUEM Sunrise Bhd. (UEMS), Malaysia's second-biggest developer by market value, is betting the slide in the local currency and measures to curb property prices in neighboring Singapore will boost sales at its largest projects. UEM may surpass its new ...and more »...UEM Sees Ringgit Drop, Singapore Curbs Boosting Property Sales - Bloomberg

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Wednesday, September 18, 2013

Singapore Home Sales Rebounded in August on Projects - Bloomberg

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Channel News AsiaSingapore Home Sales Rebounded in August on ProjectsBloomberg“We are seeing a gradual recovery after the July sales, which were a knee-jerk reaction to the loan measures,” said Nicholas Mak, executive director at SLP International Property Consultants in Singapore. “Now the market is adjusting to the new loan ...Singapore Urban Redevelopment Authority Said Home Sales Increased In AugustProperty Mentorall 7 news articles »...Singapore Home Sales Rebounded in August on Projects - Bloomberg

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Monday, September 16, 2013

Student Jason Tan wins Manhunt Singapore, property agent Gilbert Tang gets ... - Yahoo! Singapore News

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Yahoo! Singapore NewsStudent Jason Tan wins Manhunt Singapore, property agent Gilbert Tang gets ...Yahoo! Singapore NewsStudent Jason Tan, 20, won this year's Manhunt Singapore contest while property agent and freelance model Gilbert Tang won the senior category. Both of them walked away with the titles after competing against 22 other cont...Student Jason Tan wins Manhunt Singapore, property agent Gilbert Tang gets ... - Yahoo! Singapore News

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Saturday, September 14, 2013

Should You Invest In Property or Shares? - Motley Fool Singapore

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Should You Invest In Property or Shares?Motley Fool Singaporesingapore property We Singaporeans love our properties. Many hold on to the believe that since land is extremely scarce in Singapore, the only way for property prices to go is – North. Recently, a mixed-use commercial and residential plot at Yi...Should You Invest In Property or Shares? - Motley Fool Singapore

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Thursday, September 12, 2013

"Exciting possibilities" in store for Singapore property market: REDAS - Channel News Asia

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Channel News Asia"Exciting possibilities" in store for Singapore property market: REDASChannel News AsiaMr Chia, who is also the chief operating officer at property developer Far East Organisation, had warned in July that the Singapore property market is approaching an inflexion point in the real estate cycle. ..."Exciting possibilities" in store for Singapore property market: REDAS - Channel News Asia

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Tuesday, September 10, 2013

Singapore firms buy up Melbourne sites - The Age

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The AgeSingapore firms buy up Melbourne sitesThe AgeForeign investors are buying about 25 per cent of commercial properties offered in Melbourne's CBD, a record level, Savills Australia maintains. Two Singaporean listed companies have splashed out a combined $226.1 million to buy four Melbourne ......Singapore firms buy up Melbourne sites - The Age

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Sunday, September 8, 2013

S'pore ranked top in Asia for intellectual property protection - Channel News Asia

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Channel News AsiaS'pore ranked top in Asia for intellectual property protectionChannel News AsiaThe Intellectual Property Office of Singapore said Singapore's business-friendly IP regime has bolstered business confidence of international conglomerates. Companies such as Rolls-Royce, Proctor and Gamble, Bayer, Nestle, 3M and DHL have chosen ...Singapore best in Asia for intellectual property protectionPeople's Daily Onlineall 2 news articles »...S'pore ranked top in Asia for intellectual property protection - Channel News Asia

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Friday, September 6, 2013

Developers trim prices as new reality bites - Business Times (subscription)

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Business Times (subscription)Developers trim prices as new reality bitesBusiness Times (subscription)A case in point is the 445-unit Thomson Three condo in Bright Hill Drive, being developed by UOL Group and Singapore Land. "Without ... We now expect to price it at a more realistic level, at $1,350-1,400 psf," said Liam Wee Sin, president (property ...and more »...Developers trim prices as new reality bites - Business Times (subscription)

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Wednesday, September 4, 2013

Chinese investment funds target Singapore properties: CBRE - Business Times (subscription)

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Asia Property ReportChinese investment funds target Singapore properties: CBREBusiness Times (subscription)SINGAPORE is China's fifth-largest overseas destination for real estate investment using Chinese insurance funds, from 2007- 2013. According to the latest research by global property advisor CBRE, London is China's top investment destination via ...Chinese funds target foreign propertyBangkok PostChinese insurance funds look to invest in real estate abroadAsia Property ReportChinese insurers set to invest more in realtyThe Nationall 10 news articles »...Chinese investment funds target Singapore properties: CBRE - Business Times (subscription)

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Monday, September 2, 2013

Singapore grapples with new property market curbs - Global Property Guide

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Singapore grapples with new property market curbsGlobal Property GuideSingapore grapples with new property market curbs Foreigners in Singapore need to wait three more years before they can acquire property in spite a residential permit and restrictions on new mortgage loan tenure had been set by the country's Housing ......Singapore grapples with new property market curbs - Global Property Guide

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Saturday, August 31, 2013

Intellectual Property Industry Leaders Gather at Singapore's IP Week - Virtual-Strategy Magazine (press release)

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Intellectual Property Industry Leaders Gather at Singapore's IP WeekVirtual-Strategy Magazine (press release)IP Week in Singapore runs from August 26-30 and CONSOR Chairman Weston Anson is taking a prominent role as a speaker for three separate seminars. The gathering brings together 600-800 industry leaders to discuss and share how businesses, ...and more »...Intellectual Property Industry Leaders Gather at Singapore's IP Week - Virtual-Strategy Magazine (press release)

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Thursday, August 29, 2013

Property Stocks Decline on Latest Housing Curbs - Bloomberg

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AsiaOneProperty Stocks Decline on Latest Housing CurbsBloombergSingapore's property stocks fell, driving an index tracking developers to a one-year low, after the government tightened its public housing policy by reducing tenures for new loans and restricting purchases by foreigners. The Singapore property index ...Latest property measures will boost leasing activity, say analystsChannel News AsiaExpert views: New housing measures a step in right directionYahoo! Singapore NewsFresh Singapore Curbs on Pu...Property Stocks Decline on Latest Housing Curbs - Bloomberg

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Tuesday, August 27, 2013

Office Rents Rising in Hong Kong, Singapore - World Property Channel

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World Property ChannelOffice Rents Rising in Hong Kong, SingaporeWorld Property ChannelRents for office space in Hong Kong and Singapore increased during the second quarter of the year for the first time since 2011, according to the latest Jones Lang LaSalle office index. Rents in Singapore increase by 0.6 percent from the previous ...Raffles Place office rents rise in Q2 for first time since 2011: Jones Lang ...Straits TimesOffice leasing activity subdued in Asia Pacific as corporates remain cautiousProperty Wireall 4 news articles ...Office Rents Rising in Hong Kong, Singapore - World Property Channel

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Sunday, August 25, 2013

Taper terror may leave Singapore property intact - CNBC.com

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CNBC.comTaper terror may leave Singapore property intactCNBC.comSingapore's property market is unlikely to be hit too hard by the concerns about an unwinding in U.S. monetary stimulus which are giving Asian asset prices a drubbing, analysts say. Expectations that the cheap liquidity which has helped boost Asian ...and more »...Taper terror may leave Singapore property intact - CNBC.com

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Thursday, August 22, 2013

Singapore Property Market Immune to Fed Taper Terror - OANDA Forex (blog)

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Singapore Property Market Immune to Fed Taper TerrorOANDA Forex (blog)Singapore's property market is unlikely to be hit too hard by the concerns about an unwinding in U.S. monetary stimulus which are giving Asian asset prices a drubbing, analysts say. Expectations that the cheap liquidity which has helped boost Asian ......Singapore Property Market Immune to Fed Taper Terror - OANDA Forex (blog)

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Tuesday, August 20, 2013

75% of S'pore home buyers delaying property purchases - Channel News Asia

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Channel News Asia75% of S'pore home buyers delaying property purchasesChannel News Asia74 per cent of Singapore home buyers are delaying their property purchases, and 59 per cent of the respondents surveyed are confident prices will not decline. PHOTOS. Prospective home buyers looking at a condominium model in Singapore. Enlarge ...iProperty: Affordability remains major concern for Asian property buyersThe Star OnlineAmerican firms bullish...75% of S'pore home buyers delaying property purchases - Channel News Asia

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Sunday, August 18, 2013

Singapore New Private-Home Sales Plunged in July - Wall Street Journal

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Channel News AsiaSingapore New Private-Home Sales Plunged in JulyWall Street JournalSINGAPORE—Sales of new private homes in Singapore plunged in July to the lowest level in more than 3½ years, after recent government curbs on property loans da...Singapore New Private-Home Sales Plunged in July - Wall Street Journal

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Friday, August 16, 2013

Singapore's F&N unit makes top bid in state land sale - Reuters

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Singapore's F&N unit makes top bid in state land saleReutersSINGAPORE (Reuters) - The property arm of Singapore's Fraser and Neave (FRNM.SI) put in the top bid of S$924 million ($725 million) for a commercial site at a government land sale, the highest amount offered for state land since May 2011, the Business ...F&N Considering REIT for Serviced Ap...Singapore's F&N unit makes top bid in state land sale - Reuters

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Wednesday, August 14, 2013

When a Property Billionaire Turns Bearish - Yahoo! Singapore News

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When a Property Billionaire Turns BearishYahoo! Singapore NewsKwek Leng Beng, Chairman of City Developments Limited (CDL), a leading real estate developer in Singapore, did just that recently when he called buying land in Singapore at today's prices “suicidal” and predicated an up to 5 percent fall in property ...and more »...When a Property Billionaire Turns Bearish - Yahoo! Singapore News

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Monday, August 12, 2013

New Launch Property Showcases New Property in Singapore - SBWire (press release)

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New Launch Property Showcases New Property in SingaporeSBWire (press release)Singapore -- (SBWIRE) -- 08/07/2013 -- Home is where the heart is, a house's design, style and location is a true reflection of the personality and lifestyle of the people who live there. For most people their house is their inner sanctum, where they ......New Launch Property Showcases New Property in Singapore - SBWire (press release)

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Saturday, August 10, 2013

PE firm Northstar leads buyout of Singapore's biggest property broker ERA - Economic Times

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Economic TimesPE firm Northstar leads buyout of Singapore's biggest property broker ERAEconomic TimesSINGAPORE: Northstar Group, a private equity firm owned by Indonesian investor Patrick Walujo, has led a management buyout of Singapore's biggest property broker, ERA Singapore Pte Ltd, its second major deal in Singapore in less than a year and a sign ...and more »...PE firm Northstar leads buyout of Singapore's biggest property broker ERA - Economic Times

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Thursday, August 8, 2013

REFILE-PE firm Northstar leads buyout of Singapore's biggest property broker ERA - Reuters

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REFILE-PE firm Northstar leads buyout of Singapore's biggest property broker ERAReutersSINGAPORE Aug 7 (Reuters) - Northstar Group, a private equity firm owned by Indonesian investor Patrick Walujo, has led a management buyout of Singapore's biggest property broker, ERA Singapore Pte Ltd, its second major deal in Singapore in less than ...and more »...REFILE-PE firm Northstar leads buyout of Singapore's biggest property broker ERA - Reuters

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Tuesday, August 6, 2013

Singapore Land Bids 'Suicidal' With Rules, Billionaire Kwek Says - Bloomberg

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Business Times (subscription)Singapore Land Bids 'Suicidal' With Rules, Billionaire Kwek SaysBloombergCity Developments also said second-quarter profit rose 48 percent on asset sales and property development. Net income climbed to S$203.8 million ($161 million) in the three months ended June 30, from S$137.7 million a year earlier, it said in a ...Singapore's CityDev Q2 net profit rise 48%Business Times (subscription)STOCKS NEWS SINGAPORE-CityDev drops to near 6-week low; index easesReuters UKCity Developments 2nd-Quarter Net Profit Jumps 48% on One-Time Gains; Flags ...Wall Street Journal (India)al...Singapore Land Bids 'Suicidal' With Rules, Billionaire Kwek Says - Bloomberg

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Sunday, August 4, 2013

CapitaLand Warns of Singapore Property Market Headwinds (1) - Businessweek

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Straits TimesCapitaLand Warns of Singapore Property Market Headwinds (1)BusinessweekCapitaLand Ltd. (CAPL), Southeast Asia's biggest developer, said prices and sales of Singapore residential properties are expected to moderate because of government measures aimed at curbing speculation. The developer sold 139 residential unit...CapitaLand Warns of Singapore Property Market Headwinds (1) - Businessweek

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Friday, August 2, 2013

Singapore property sales seen bleak - Global Property Guide

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Singapore property sales seen bleakGlobal Property GuideSingapore property sales seen bleak Singapore's latest property cooling measure could further slash down sales as both buyers and sellers take a more cautious step treading the island-state's staggering property market, Southeast Asia's largest ......Singapore property sales seen bleak - Global Property Guide

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Wednesday, July 31, 2013

Singapore's property market approaching 'inflexion point': Redas president - Straits Times

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Channel News AsiaSingapore's property market approaching 'inflexion point': Redas presidentStraits TimesSingapore's property market has been achieving record prices recently but it could soon come to a turning point, the president of the property industry body said on Tuesday. "We are approaching an important inflexion point in the real estate cycle ...Property cooling measures to remain: SavillsChannel News Asiaall 1 news articles »...Singapore's property market approaching 'inflexion point': Redas president - Straits Times

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Monday, July 29, 2013

Singapore Consults On Property Tax Amendments - Tax-news.com

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Singapore Consults On Property Tax AmendmentsTax-news.comSingapore's Ministry of Finance is seeking public feedback on proposed legislative amendments under a draft Property Tax (Amendment) Bill 2013, which would give effect to policies announced in the 2013 Budget. The tax changes announced by Deputy ......Singapore Consults On Property Tax Amendments - Tax-news.com

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Saturday, July 27, 2013

Someone Attending The International Property Expo In Singapore Will Win This ... - Business Insider

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Someone Attending The International Property Expo In Singapore Will Win This ...Business InsiderThose attending the iProperty.com International Property Expo in Singapore, to learn about "the best property in Asia" can win a free house by attending. Guess where the house is located. One might think somewhere in Asia because that's the focus of ......Someone Attending The International Property Expo In Singapore Will Win This ... - Business Insider

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Thursday, July 25, 2013

Analyst: 9000 troubled units could be on market - Yahoo! Singapore News

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inSing.com NewsAnalyst: 9000 troubled units could be on marketYahoo! Singapore NewsUp to 9,000 Singapore private property owners could be forced to sell their homes if interest rates rise in the city-state, according to an analyst report published today. On the back of news that up to 10 percent of Singapore househo...Analyst: 9000 troubled units could be on market - Yahoo! Singapore News

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Tuesday, July 23, 2013

Singapore and Hong Kong overtake London as world's most expensive property ... - PrimeResi

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iExpats.comSingapore and Hong Kong overtake London as world's most expensive property ...PrimeResiHousing prices in Singapore and Hong Kong are considered the most expensive in the world, primarily due to higher property taxes implemented to cool the market, says Romesh Navaratnarajah, Senior Editor at PropertyGuru. Both cities are favoured by ...Property Taxes Push Up House Prices For InvestorsiExpats....Singapore and Hong Kong overtake London as world's most expensive property ... - PrimeResi

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Saturday, July 20, 2013

Singapore Chairs Asean Working Group On Intellectual Property Cooperation - Bernama

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Channel News AsiaSingapore Chairs Asean Working Group On Intellectual Property CooperationBernamaSINGAPORE, July 19 (Bernama) -- Singapore, represented by Chief Executive of Intellectual Property (IP) Office of Singapore (IPOS), Tan Yih San, assumed the Chairmanship of the Asean Working Group on IP Cooperation (AWGIPC) at its 41st Meeting in ...Singapore assumes chairmanship of AWGIPCChannel News Asiaall 2 news articles »...Singapore Chairs Asean Working Group On Intellectual Property Cooperation - Bernama

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Thursday, July 18, 2013

Check out these 5 biggest property deals in Singapore in Q2 - Singapore Business Review

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Check out these 5 biggest property deals in Singapore in Q2Singapore Business ReviewAccording to Savills, investment sales came to life in the last two weeks of June with the closure of some major deals. This last-minute surge brought the Q2 transaction volume to S$6.0 billion, 7% higher than the S$5.6 billion recorded in Q1. The ......Check out these 5 biggest property deals in Singapore in Q2 - Singapore Business Review

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Monday, July 15, 2013

Boustead Singapore to acquire Ausgroup property for S$39.36m - Singapore Business Review

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Boustead Singapore to acquire Ausgroup property for S$39.36mSingapore Business ReviewLtd. as trustee of Boustead Real Estate Fund, has on 10 July 2013, entered into a conditional put and call option agreement with Ausgroup Singapore Pte. Ltd., for the proposed acquisition of the property at 36 Tuas Road, Singapore 638505 together with ...AusGroup to sell Tuas facility to Boustead and lease it backStraits Timesall 5 news articles »...Boustead Singapore to acquire Ausgroup property for S$39.36m - Singapore Business Review

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Saturday, July 13, 2013

Official: Singapore Cooling Measures to Stay - World Property Channel

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World Property ChannelOfficial: Singapore Cooling Measures to StayWorld Property ChannelSince 2010, Singapore has introduced cooling measures to thwart rising home prices as incomes don't keep up. Measures that went into effect earlier this month mandated that a property buyer's monthly payment on a property loan cannot exceed 60 percent ...and more »...Official: Singapore Cooling Measures to Stay - World Property Channel

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Wednesday, July 10, 2013

Singapore property stabilising, cooling measures stay for now: fin min - Business Times (subscription)

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Business Times (subscription)Singapore property stabilising, cooling measures stay for now: fin minBusiness Times (subscription)[SINGAPORE] Singapore's hot property market has shown signs of stabilising but the government would like to see some softening of prices and is not ready to relax...Singapore property stabilising, cooling measures stay for now: fin min - Business Times (subscription)

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Monday, July 8, 2013

Retail property supply predicted to jump 22% between 2013-2015 - Singapore Business Review

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Retail property supply predicted to jump 22% between 2013-2015Singapore Business ReviewAccording to Nomura, island-wide retail property stock is expected by JLL to increase by 22% between 2013-2015F, with most of the 2013-2014F new supply in the suburban shopping area. Nomura notes that Jem (retail NLA 572,600 sq ft), which accounts for ......Retail property supply predicted to jump 22% between 2013-2015 - Singapore Business Review

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Saturday, July 6, 2013

Property news: Singapore imposes new restrictions - New Straits Times

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Property news: Singapore imposes new restrictionsNew Straits TimesCONTROL: In further efforts to cool the hot Singapore property market, the government has imposed new restrictions on property buyers. Buyers' monthly payment on a property loan cannot now exceed 60 per cent of their monthly income. “The TDSR (total ...Singapore banks to take borrowers' outstanding debts into account ...Property news: Singapore imposes new restrictions - New Straits Times

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Tuesday, July 2, 2013

STOCKS NEWS SINGAPORE-Index rises to 1-1/2-week high; property firms lead - Reuters UK

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STOCKS NEWS SINGAPORE-Index rises to 1-1/2-week high; property firms leadReuters UKSingapore's central bank on Friday introduced borrowing limit rules for property buyers, as part of the ongoing effort to keep a lid on real estate prices. The new rule will add to challenges residential property developers in the city-state face, said ...and more »...STOCKS NEWS SINGAPORE-Index rises to 1-1/2-week high; property firms lead - Reuters UK

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Sunday, June 30, 2013

Singapore introduces new property loan curbs - Yahoo! Singapore News

The slew of cooling measures has evolved Singapore's real estate scene, such that PSF alone will not always represent the best option. Although indirect, this article brings forward a refreshing perspective to this subject. Read on..

Straits TimesSingapore introduces new property loan curbsYahoo! Singapore NewsThe Monetary Authority of Singapore said in a statement that, from Saturday, financial institutions should not grant any property loan that exceeds a total debt servicing ratio (TDSR) of 60 per cent. Loans granted above that threshold will be ...UPDATE 1-Singapore takes further steps to cool property marketR...Singapore introduces new property loan curbs - Yahoo! Singapore News

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