Daily Archives: July 25, 2013 (5 Articles Found)

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New lending rules will lead to cautious developer bidding

MAS’s latest move to encourage prudence in the home loans market will likely affect not just borrowers but also developers, according to Savills. Even before the central bank introduced its new rules, the US Federal Reserve hinted at…

Expect aggressive property launches

Developers may adopt more aggressive strategies when they launch projects over the next six months, although prices are unlikely to fall significantly, said Colliers Intl yesterday. It noted in a new report that builders that have paid for…

Property cooling measures give foreign buyers cold feet

Singapore PRs and other foreigners are buying fewer private homes. The number slipped for the second consecutive quarter in Q2 2013, according to a caveats analysis by DTZ. Conversely, the number of private residential properties purchased by Singaporeans…

Interest rate rise ‘could hurt many households’

More than 9,000 households in Singapore may have trouble paying off their mortgages when interest rates rise, a new report warns. Analysts from Religare Institutional Research made this calculation based on the statement by MAS on Tues. MAS…

S’pore 2nd-most expensive Asia city for expatriates

The Republic has moved up two spots to become the fifth-most expensive city in the world for expatriates, and the second-most pricey location in Asia. The city-state’s high cost of living is due to its strong currency and…

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