Singapore continued to slide down the list of most expensive places in Asia for mid-market rentals, according to a survey by ECA International published yesterday. The country is now ranked eighth, down one notch from the previous year. In 2016, Singapore was placed fourth. Lee Quane, ECA International's regional director for Asia, said: "This
Home loans are getting more expensive as banks jack up mortgage rates again to as high as 2.05 per cent, the second increase in as many months, in line with sharply higher interest rates. This could dent some of the enthusiasm in the buoyant property market. One banker also warned that rising interest rates,
The recent unwinding of government measures is possibly one of many in the pipeline to stoke buyer confidence in Singapore’s property market scene. And like many locals, many foreigners are turning their attention to private residential properties here. As it is, buyer interest among foreigners have already picked up, even though very subtly. According
Paya Lebar as the up and rising precinct for commercial activities is taking shape seamlessly. Already, Paya Lebar Central is a vibrant commercial hub, true to Urban Redevelopment Authority’s (URA) 2008 Masterplan. With the recent series of developments, and more to come, Paya Lebar will join other commercial hubs like Tampines Regional Centre, Jurong
Singapore’s private residential property market seems to be gearing towards an upswing. This is the sentiment echoed by many industry watchers including banks, developers and market researchers. In fact, Morgan Stanley has gone as far as to project that property prices in Singapore will double by 2030. Prices will bottom out by next
