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Subscribe to this list via RSS Blog posts tagged in Singapore Financial Hub of Asian

Wanted: Ultra-rich property buyers

Posted by Property Launch Invest on Sunday, 11 May 2014 in Property News

Singapore ranks fourth among cities wooing the upper crust to invest in real estate, having attracted US$217b

SINGAPORE, long seen as a real-estate haven for the ultra-rich, has joined the league of top five cities in wooing the rich into putting their money into brick and mortar.

The biggest magnet is Hong Kong, which has attracted US$798 billion in real estate holdings from ultra high net worth individuals (UHNWI). London is second with US$676 billion, followed by Moscow (US$263 billion), Singapore (US$217 billion) and New York (US$164 billion).

Why Invest in Singapore?

Posted by Property Launch Invest on Friday, 25 April 2014 in Property News

Singapore is located in the heart of Asia, strategically placed at the cross roads of trade between the East and the West. A vibrant city- state of about 712.4 sq km, with a cosmopolitan population of 5.4 million people. Singapore is well regarded as a triple- A rated economy with strong growth potential- a sound, stable and winning location for investments as well as business.

Global investors and talents are attracted to work. live and play in Singapore by its transformation into a truly global metropolis. And many had decided to leverage on Singapore's growth by investing in real estate assests in the country. The last few years had seen an increase in foreign real estate investment in Singapore's residential and commercial property sectors.

MAS eases TDSR rules for some home owners refinancing loans

Posted by Property Launch Invest on Sunday, 20 April 2014 in Property News

The Monetary Authority of Singapore (MAS) has widened the existing exemptions from the Total Debt Servicing Ratio (TDSR) to cover the refinancing of loans for owner-occupied properties that were bought before the measure was introduced last year.

In a statement, the MAS said it had received feedback from borrowers who have faced challenges refinancing such loans.

Under the revised rules, a borrower who bought a residential property before the TDSR rules were introduced will be exempted from the TDSR threshold as long as the buyer occupies the home that is being refinanced.

Seventh Time Lucky for Singapore Property Measures?

Posted by Property Launch Invest on Monday, 30 September 2013 in Property News

Getty Images

Third time lucky for some, could it be a case of seventh time lucky for Singapore? The city-state has just unveiled its latest and most stringent measures to cool a sizzling property market, which has defied a slew of steps since 2009.

Late on Friday the Asian financial hub increased a tax on foreigners and corporates buying residential property via an additional buyer's stamp duty of 15 percent of the purchase price, up from the previous 10 percent.

PROPERTY LAUNCHES & INVESTMENTS

Property Launches & Investments

Wanted: Ultra-rich property buyers

Why Invest in Singapore?

MAS eases TDSR rules for some home owners refinancing loans

Seventh Time Lucky for Singapore Property Measures?