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Singapore set for strong rebound in 2021: Report

Shoppers at Jem mall in Jurong East in June after the Covid-19 circuit breaker ended. While the Singapore economy is expected to bounce back starting in the second half of this year, service sectors will likely continue suffering until a virus vaccine is widely available to allow the lifting of curbs on international travel, says … Continue reading Singapore set for strong rebound in 2021: Report

HDB resale volume in July highest in two years; prices also up

Updated from : The Straits Times, 7 August 2020 The number of resale transactions of Housing Board (HDB) flats last month hit the highest in two years, even as prices crept up, according to flash data released by real estate portal SRX Property yesterday. An estimated 2,470 HDB resale flats were sold last month, a 0.7 … Continue reading HDB resale volume in July highest in two years; prices also up

Borrowers in jobs at risk face tighter processing for new home loans

Home buyers are reportedly facing tighter credit assessment when they apply for mortgages – especially if they work in sectors that have been severely affected by Covid-19.  ST PHOTO: CHONG JUN LIANG Updated from : The Business Times, 6 August 2020 HOME buyers are reportedly facing tighter credit assessment when they apply for mortgages – especially … Continue reading Borrowers in jobs at risk face tighter processing for new home loans

Changes to Indonesia’s foreign ownership of property could give it US$10b annual boost

Updated from : The Business Times, 4 August 2020 IT HAS been 15 years in the making, but the wait may well be worth it: the Indonesian government has finally tabled a draft law that will enable foreign investors to purchase and own property in the country with fewer restrictions. These regulations are included in the … Continue reading Changes to Indonesia’s foreign ownership of property could give it US$10b annual boost

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