Move to ease pressures on country’s struggling banks comes as Kremlin shows first signs of concern about plunging currencyThe rouble rose 10% on the foreign exchanges after Russia’s central bank announced a range of measures to ease pressures on… Source: http://www.theguardian.com
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Executive condominium sales spiked in November: URA
The number of executive condominiums sold last month rose sharply to 855 units, up from 90 units in October, according to data from the Urban Redevelopment Authority. Source: http://www.channelnewsasia.com
Singapore government to release land for about 3,020 private homes in first half of 2015 confirmed list
The Ministry of National Development (MND) announced on Thursday the first half 2015 (1H2015) Government Land Sales (GLS) Programme, which will comprise 6 confirmed list sites and 13 reserve list sites. Source: http://www.straitstimes.com
Mortgage brokers grab market share from cost-conscious banks – FT.com
Brokers are taking a bigger slice of the mortgage market as new affordability regulations raise the costs of direct lending for banks and building societies. Intermediaries’ share of mortgage lending grew to 62 per cent in the three months to Source: http://www.ft.com
Refinance your Australia / New Zealand Property Loan at only 1.76%! | Mortgage Supermart Singapore
Your existing mortgage interest rateNew Interest rateDifferenceYearly Savings (Comparison based on $500,000, 25 yrs tenure)3 months Sibor + 2.5% = 2.9%1.76%1.14%$7,706 Offer Valid for:Refinancing of Australia and/or New Zealand Property Loans.Minimum loan amount of AUD >$500,000 and/or NZD >$500,000.Applicable for Singapore Cit… Source: http://www.mortgagesupermart.com.sg
Downtown home prices in Singapore take a big hit
The Straits Times – Get breaking news and latest on Singapore, Asia and the rest of the world, plus commentaries, features, videos and photos, at straitstimes.com. Source: http://www.straitstimes.com
Fed renews zero rate pledge, but hints at steeper rate hike path
WASHINGTON (Reuters) – Fed repeated its assurance that rates would stay ultra-low for a “considerable time” even after the bond-buying stimulus program ends… Source: http://www.reuters.com
Financial markets seem to be in a world of their own
Investors have largely ignored disappointing growth and geopolitical tensions but their optimism is probably misplacedThis has been an unusual year for the global economy, characterised by a series of unanticipated economic, geopolitical, and… Source: http://www.theguardian.com
What $1,500 in Rent Gets You in 11 U.S. Cities
From a closet in New York to a house in Missoula, here’s what $1,500 per month can get you in 11 different U.S. cities. Source: mashable.com
Ensuring no HDB town is left behind
SINGAPORE – Housing Board upgrading programmes got a boost yesterday.The Government announced fresh moves to spruce up more neighbourhoods, touch up ageing flats and replace old lifts.These enhancements are aimed at keeping ageing estates in good condition, National Development Minister Khaw Boon Wan said yesterday. Source: news.asiaone.com
Resale prices of private homes up 0.4% in August: Singapore Real Estate Exchange
Property- August’s price gain was led by the city area and city fringes, which reported increases of 4.8 per cent and 1.5 per cent respectively. -BT Read more at AsiaOne Source: business.asiaone.com
HDB resale prices slump for 7th straight month: S’pore Real Estate Exchange
SINGAPORE – Resale prices for Housing Board flats continued to slump for the seventh consecutive month in August, marking a new low since January 2012. Source: http://www.straitstimes.com
HDB resale prices continue to fall in August: SRX – Channel NewsAsia
HDB resale prices dipped 1.1 per cent compared to July, affecting three- and four-room flats, according to the Singapore Real Estate Exchange. Source: http://www.channelnewsasia.com
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