Stories By: iCompareLoan (312 Articles Found)

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SORA-based interest rates stability attracts 60% of property loan customers

Consumers and corporates in Singapore like the stability of SORA-based interest rates, with more than six in 10 respondents to a recent UOB survey saying they are open to choosing SORA-pegged products. UOB conducted an online survey in…

‘Eco Care’ home and renovation loan launched by OCBC offering lower rates and rewards

OCBC on Mar 31st, launched ‘Eco-Care’ Home and Renovation Loans which use BCA’s Tropical Home Energy Efficiency Assessment (THEEA) as the criteria to determine an applicant’s eligibility. This is the first time that the THEEA is used as…

Vicenta Lodge put up for en bloc sale with lowered reserve price

PropNex on Apr 21, announced that the freehold development Vicenta Lodge, at 16,18,20,22 Lorong Marzuki – about 400m away from Kembangan MRT station – will be put up for collective sale for $29 million via public tender on…

Singapore real estate performance investment expected to recover in coming quarters

Colliers Intl, on 15 Apr published its latest market research report that examines Singapore real estate performance investment in Q1 2021 and its prospects ahead. The report suggests improving investor sentiments and expects stronger sales in the coming…

Will Singaporeans be priced out of private property in the future?

EdgeProp reported earlier today that “word on the street is that all 20 units at Swire Properties’ luxury condo Eden at 2 Draycott Park have been sold to a single buyer”. Commenting on this news on his FB…

HDB will not give larger loan amount based on buyer’s pre-Covid19 income

MND Minister has confirmed that the maximum loan amount granted to a flat buyer is derived based on flat buyers’ current income to provide flat buyers with a realistic indication of their housing budget, and to prevent them…

Global data centre markets – Singapore and Sydney tops ranking

Sydney and Singapore have been ranked among the top ten global data centre markets globally, according to C&W’s 2021 Global Data Center Market Comparison report. Sydney featured as the biggest mover in overall rankings, moving up to third,…

Dusit Thani Laguna Singapore opens with eye on golfing community

Dusit Intl, one of Thailand’s leading hotel and property development companies, has officially expanded into Singapore with the opening of Dusit Thani Laguna Singapore in the heart of the renowned Laguna National Golf & Country Club, one of…

Daintree Residence condo sold 93% of units 1.5 years before completion

Since its launch 2½ years ago in July 2018, Daintree Residence condo has sold 303 out of 327 units with only 24 units remaining. The 99-year leasehold private condominium is scheduled for completion in 2Q2022. Phase 1 sale…

Proptech wave is building up in Singapore

A proptech wave is building up in Singapore – recently named the world’s third most innovative city in JLL’s Innovation Geographies study. Driving this is the Singapore government’s Smart Nation initiative that was kicked off in 2014, laying…

Why companies want proof buildings are healthy

Measuring and ranking a building’s health is increasingly in demand as the wellbeing of office workers moves to the top of the corporate agenda. Official building certifications have cropped up in Singapore, Australia and India, following on from…

Leasehold – what is it and how is it different between condo and HDB?

The majority of land in Singapore is government-owned. Where residential land is concerned, the bulk of that government ownership is divided between SLA and HDB. It may seem confusing to call what you think you have bought a…

Landlord-tenant dynamics are being changed by Covid-19 regulations

Hastily enacted regulations addressing a fast-unfolding pandemic have introduced a layer of complexity around leases between tenants and landlords. Governments worldwide have implemented a range of emergency legal and fiscal policies to help cushion the economic damage caused…

Residential demand revived by economic reopening and fiscal measures

As Singapore’s economy progressively started to reopen from early June, the residential property market enjoyed relatively brisk activity that translated into an appreciable uptick in transaction volumes. Edmund Tie’s senior director of research and consulting, Mr Lam Chern…

Office leasing market demand continues to be driven by certain sectors

Colliers Intl, on Oct 7th published its latest research report which examines the office leasing market demand, the performance of the Singapore office property market in Q3 2020 and its prospects ahead. Evaluating the data, Colliers Research notes…

Singapore real estate firms win prestigious international recognition

Two Singapore real estate firms won precious awards from Euromoney. Industry professionals from around the world participated in this year’s survey, for which over 2,700 valid responses were received. CBRE has been named the best Overall Agency in…

Digital platforms embraced by Propnex to effectively reach stakeholders

While showflats were shut, PropNex embarked on consumer outreach efforts via digital platforms to market and transact properties. These online engagements have translated to steadily rising sales in the period following the circuit breaker. Over the weekend of…

Covid-19 tested Office market says new research by List Sotheby’s

The Covid-19 pandemic have led to more than 80% of the Singapore workforce telecommute during the lockdown period, noted a recent research by List SIR. Businesses have made that leap to remote working, setting off a trend that…

Retail property market weakened as industrial sector showed resilience

Colliers Intl, on 20th Aug published two research reports which examine the market performance of the retail property market and industrial property sector in the first half of 2020 (H1 2020) and its projections for both sectors. It…

Freehold light industrial property for sale presents opportunity for savvy investors

Colliers Intl announced that it will put up a freehold light industrial property located at 14 Genting Road for sale via an EOI exercise for S$16.8 million on 6 Aug 2020. The indicative price is S$16.8 million translates…

Victory Point relaunched for sale at guide price of $13.5 million

JLL and Brilliance Capital on Aug 6th jointly presented Victory Point, a freehold corner mixed-use development prominently situated along Balestier Road, at its junction with Ava Road, for sale via public tender. Held under a single title, Victory…

Facilities management sector readies for digital transformation

DBS is helping Singapore’s facilities mgmt sector get ready for the post-Covid-19 digital economy. It announced today the industry’s first digital collection solution for recurring and one-off resident payments, including conservancy fees, facility booking fees and sinking funds.…

Degree for change – key to fighting climate change and protect asset values

Singapore’s prime office real estate in the financial district is susceptible to the risks of climate change as sea levels rise, requiring landlords and occupiers alike to take urgent action to protect asset values, according to CBRE’s latest…

Further interest rates cuts has potential to boost lackluster property market

The overall interest rate environment in Singapore is still considered low on a global scale and this is one major reason why Singapore’s property market will remain buoyant with any further interest rates cuts. If the Fed’s decides…

Refinancing commercial properties is a little bit different

Servicing your loan every month and seeing your bank balance taking a dip can be quite depressing. What if you had a chance to lower your mortgage payment or even raise more funds on your property? When the…

Proptech applicable especially in a crisis proves new partnership

MOGUL.sg has just announced that they have signed an agreement with OrangeTee & Tie (OTT). The announcement comes relatively timely during this circuit breaker period for the market where many property agents and buyers are homebound, showing that…

Mortgage brokers partner property agents to benefit their clients

It is typical for Mortgage brokers partner property agents because they have previously had a good experience working together. Throughout the home buying process, communication is key. A mortgage broker and real estate agent who have a good…

OCBC TDSR Waiver – Is it time to refinance home loan with OCBC?

If you are on the lookout for a refinancing package, now is the right time. Just last week, we shared with on our blog about SCB’s TDSR waiver. Today, we want to let you know that OCBC is…

SCB TDSR Waiver: Is It a good time to refinance with SCB?

If you are hunting for a new refinancing package for your home loan, listen up. That’s because there is a SCB TDSR waiver subjected to some conditions. Standard Chartered Bank (SCB) is offering relaxed TDSR rules for those…

Retail upheaval paints a bright future post Covid-19 crisis

Optimistic recovery for the retail industry as retailers and landlords evolve towards inter-dependent partnerships and accelerate digital transformation. Mr Leonard Tay, Head of Research at Knight Frank, provides retailers and landlords with areas of opportunities for business recovery…

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