by George Goh | Aug 14, 2022 | Economic Growth, Government Announcements
The Business Times, 1 Aug 2022, Mon 5:52 PM By Tessa Oh THE S$7.4 billion loss recorded by the Monetary Authority of Singapore (MAS) in FY2021/22 was due to a “currency translation effect” and is not relevant to the regulator’s investment performance, which is...
by George Goh | Aug 14, 2022 | Financing, Investments
The Straits Times, 31 July 2022, Sun Home loan rates are rising, with three-year fixed rate packages offered by Singapore banks up by at least 1.6 percentage points from late last year’s 1.15 per cent per annum. As interest rates are likely to continue on their...
by George Goh | Aug 14, 2022 | Government Announcements, HDB
The Straits Times, 30 July 2022, Sat 10:02 PM By Tay Hong Yi SINGAPORE – The Housing Board expects to complete all Build-To-Order (BTO) projects that were delayed by the Covid-19 pandemic in two to three years. Giving an update on such projects on Saturday (July...
by George Goh | Aug 14, 2022 | Economic Growth, Government Announcements
The Straits Times, 27 July 2022, Weds 11:44 AM By Ven Sreenivasan SINGAPORE – Singapore’s inflation may have reached 13-year highs, but it is nowhere near the peak. Analysts reckon that given the uncertainties on the geopolitical front, such as the war in...
by George Goh | Aug 14, 2022 | Investments, Private Property
The Straits Times, 22 July 2022, Fri 5:23 PM By Grace Leong SINGAPORE – Private home prices rose 3.5 per cent in the second quarter, underpinned by a sharp turnaround in city fringe home prices and the continued strength of the landed market. This is higher than...
by George Goh | Aug 14, 2022 | HDB
The Straits Times, 22 July 2022, Fri 12:16 PM By Isabelle Liew SINGAPORE – Prices in the Housing Board (HDB) resale market have continued to climb, logging gains for the ninth consecutive quarter even as sales momentum slipped. Resale prices rose at a quicker...
by George Goh | Aug 14, 2022 | Economic Growth
The Straits Times, 19 July 2022, Tues 12:00 PM By Claire Huang SINGAPORE – Inflationary pressures, wobbly global growth and global tightening monetary policies have weighed on the central bank’s fiscal performance. The Monetary Authority of Singapore (MAS)...
by George Goh | Aug 14, 2022 | Collective Sale
The Business Times, 15 July 2022, Fri 4:53 PM By Corrine Kerk CHUAN Park has finally been sold via private treaty for S$890 million, after the tender for its collective sale closed on Apr 26 without bids. A source told The Business Times (BT) that the buyer is a...
by George Goh | Aug 14, 2022 | HDB, Investments
The Business Times, 14 July 2022, Thurs 5:33 PM By Nicholas Mak PRICES of HDB resale flats have increased steadily over the past two years. In 2021, the Housing Development Board resale price index jumped 12.7 per cent year-on-year, which was the highest annual rate...
by George Goh | Aug 14, 2022 | HDB, Investments, Private Property
The Straits Times, 9 July 2022, Sat 5:00 AM By Chor Khieng Yuit SINGAPORE – Moves by central banks around the world to raise interest rates to tame inflation are already fuelling sharp downturns in housing markets as buyers turn cautious in the wake of costlier...
