Economics – Katong Homes

Q1 Credit update: Mortgage loans up 20%

Credit Bureau just recently release a report on consumer credit behaviour and how people use credit balances, as well as their payment delinquency and default rates in both secured and…

Make Singapore land Great again! Courtesy of 38 Oxley Road

21 Jun 201725 Jun 2017

38 Oxley Road is the top Singapore address in the media right now. What is the big deal about centre of dispute of Singapore's first Family? How much does this…

De-licensed projects to use net prices in URA index

29 Nov 201629 Nov 2016

As reported in September 2016, for de-licensed private projects where the developers offered incentives and discounts to buyers, URA will not include such incentives into the prices when it compiles…

TDSR framework exempted from home mortgage refinancing

1 Oct 201629 Nov 2016

MAS announced in September that borrowers may be exempted from Total Debt Servicing Ratio (TDSR) framework when refinancing their homes. The TDSR rules still apply to new housing loans. The…

Singapore emerged as TOP asian economy in innovation.

26 Sep 201626 Sep 2016

Singapore has emerged as the top Asian economy in innovation, going by the 2016 Global Innovation Index (GII), bettering other top asian economies -- South Korea (11th), Hong Kong (14th),…

Commercial property…

Online financial comparison for home buyers

Business times and GET.com launched a new tool online to allow Singapore consumers compare financial information like home loans, credit cards and personal loans. The online tool can be found…

Singapore: no. 75 in city rankings

10 Feb 201610 Feb 2016

According to JLLs City Momentum Index (CMI), Singapore fell from 17th place in 2015 to 75th place in 2016. CMI is an index that tracks cities short-term socio-economic and real…

Q4 private home prices have the lowest dip in the past 2 years

5 Jan 201626 Jan 2016

The private residential prices in the island registered the lowest quarterly decline in more than 2 years for the last quarter of 2015. The drop of 0.5% in the URA's…

Nomura: softening of property prices have small impact on GDP growth

31 Oct 201511 Dec 2015

The softening in Singapore property prices would only have a relatively small impact on GDP growth, said Nomura in a report. Nomura made its calculations through a vector auto-regression (VAR)…

No quick recovery for Singapore property market: seminar

AS Singapore faces a "new normal" of slower growth and even stagnation risks, the property market is unlikely to stage a major rebound even if some cooling measures are relaxed…