This is some blog description about this site
Recently, Urban Redevelopment Authority (URA) has released 1Q2016 statistics and it clearly shows that our property market is still weak and can potentially see further price correction, in consumer’s favour.
The prolonged price struggle between property developers and consumers has occurred since the introduction of the total debt servicing ratio (TDSR) and developers are growing weary, as the end does not seem to be anywhere near (kudos to the government).
THE US Federal Reserve's quantitative easing programme is officially dead, but its ghost will continue to haunt the US stock market - at least until the Fed's next move becomes clear.
US stocks and bonds fell slightly on Wednesday after chairwoman Janet Yellen's Federal Reserve confirmed that its bond-buying exercise would be consigned to the crypt on Friday - Halloween.
For six years, the Fed's sorcery in the bond market had helped to keep mortgage and loan rates at historic lows. Now, the economy and stock market must contend with the ghouls of rising rates without Ben Bernanke or Janet Yellen's magic wand. For those who had expected a concession to the recent weakness in world markets and manufacturing data, the Fed's tone was frighteningly hawkish. While Ms Yellen's rate-setting board reiterated a promise to keep rates low for a "considerable time", the assessment of the economy was almost glowing.
European labels fast-growing in Singapore.
According to Savills, Orchard Road maintained its status as one of the most desired locations for new brands to penetrate the Asian market. International fashion brands such as Cath Kidston, Ugg and Religion set up their first Singapore stores in the Orchard Road precinct.
Manpower curbs to have a negative impact on demand.
According to Jones Lang LaSalle, occupancy rates remained firm in 4Q13, due to newly completed projects opening at full occupancy.
In the Primary submarket, Robinsons Orchard, formerly The Heeren, opened with six floors of retail and F&B space and 380 new brands, of which more than 280 are exclusive to Robinsons Orchard. Bedok Mall and Westgate Mall, two malls by CapitaMalls Asia, opened just in time for the Christmas holiday in the Suburban submarket, at full or near full occupancy, respectively.
SINGAPORE - Consumers and businesses borrowed more from banks in August than they did in the same month last year although recent new rules on lending appear to be reining in loan growth.
Total bank lending, regarded as a key indicator of economic activity, grew 15.4 per cent to $540.8billion in August compared with the same month last year, according to preliminary Monetary Authority of Singapore figures yesterday.
Japanese investment bank Nomura has declared that the global financial crisis is finally over, announcing: "The end of the end of the world" is here.
But if there is any lesson that should linger from the 2008 crisis, it is that danger lurks in exuberance.
Indeed, even as developed economies slowly get back on their feet, global markets are one step ahead of them.
