by George Goh | Feb 5, 2023 | Investments, Property Markets
The Business Times, 1 Feb 2023, Wed 11:26 AM SHAKY property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices. Reports this week have shown the US...
by George Goh | Sep 28, 2022 | Economic Growth, Financing, Investments
The Business Times, 17 Aug 2022, Weds 5:52 AM By Yong Jun Yuan CONSTRUCTION companies have been on a tear this recent half-year on improved earnings following the relaxation of Covid-19 restrictions on the inflow of migrant workers. But the industry may be sailing...
by George Goh | Sep 28, 2022 | Investments
The Business Times, 15 Aug 2022, Mon 10:56 PM By Leslie Yee 2021 was a good year for housing developers in Singapore. Excluding executive condominiums, developers sold 13,027 private homes in 2021 as private home prices rose 10.6 per cent from a year ago, according to...
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 | 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, 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...