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...
by George Goh | Aug 14, 2022 | Financing, HDB, Investments
The Straits Times, 25 June 2022, Sat 5:00 AM By Chor Khieng Yuit SINGAPORE – Home buyers in Singapore can expect pricier mortgages as local banks have already begun to raise interest rates on loans for Housing Board (HDB) flats. The move follows a 75-basis-point...
by George Goh | Aug 14, 2022 | HDB, Investments
The Business Times, 23 June 2022, Thurs 5:01 PM GLOSSY, cosmopolitan Singapore is playing host to a very unusual balancing act. The city is one of Asia’s most expensive property markets — and at the same time, boasts one of the highest home ownership rates in the...
by George Goh | Aug 14, 2022 | Financing, Investments
The Business Times, 21 June 2022, Tues 7:13 PM By Leslie Yee A BIG winner from the sale of the strata-held freehold Tanglin Shopping Centre for S$868 million that was announced early this year is City Developments (CDL), which owns 34.6 per cent of the share value and...
by George Goh | Aug 14, 2022 | Investments
The Straits Times, 19 June 2022, Sun 5:00 AM By Tan Ooi Boon SINGAPORE – Impose a tax and it’s pretty certain someone will devise a loophole, as is happening here, with crafty investors avoiding an anti-property speculation levy by allowing one buyer to...
by George Goh | Aug 14, 2022 | Commercial, Investments
The Straits Times, 16 June 2022, Thurs 7:01 PM By Isabelle Liew SINGAPORE – A coffee shop in Tampines changed hands for a record $41.68 million, and some tenants are thinking about terminating their agreements following a surge in rent. A firm called G&G...