Snippet from XinMSN October 20, 2011 Rising private property prices cannot be attributed solely to foreign purchases. National Development Minister Khaw Boon Wan said there are many factors at play; low interest rates and Singapore’s strong economic fundamentals among them. He told Parliament that locals account for more than four fifths of all private home [...]
With effect from September 1, 2011, all importers and manufacturers who supply registrable household air-conditioners and refrigerators in Singapore must register with the National Environment Agency (NEA). With this requirement, all registrable air-conditioners and refrigerators supplied in Singapore must meet minimum energy efficiency standards that are prescribed in the Environment Protection and Management (Energy Conservation) [...]
The US dollar has been depreciating against most currencies. While it is still the reserve currency in the world, holders of US dollars are seeing their value drop. China is one country which holds a lot of US dollar debt. It hurts them to see their investment in the US dollar going down. Likewise [...]
Snippet from Yahoo! By Liyana Low Sales of private homes, including executive condominiums (ECs), surged by 40 per cent in July from the level the month before as property developers launched projects ahead of the usually slow Hungry Ghost month. A total of 1,954 units were sold last month, figures from the Urban Redevelopment Authority [...]
Quick analysis for Management Councils – the tightening of supply at the mid level will impact the Condominium Manager/Property Manager level. It would be harder to hire and also result in higher wages for the Singaporean staff. While this is good for the staff, the Management Councils have to be prepared to pay more for [...]
Most people have a problem when it comes to the dollars and cents of purchasing a property. With the myriad of rules and regulations to protect the consumer, it is often confusing to navigate this straits. Before we explore the numbers, the first and foremost thing a buyer must remember is to buy for the [...]