The Leading Professional and Representative Body for the Real Estate Industry

The Leading Professional and Representative Body for the Real Estate Industry



Daily News – 11 Oct 2022 (Tue)


Singapore to review housing policies, leave measures to encourage more people to have children: DPM Wong
Singapore: The Government will review housing policies and leave measures to better support Singaporeans in starting families, Deputy Prime Minister Lawrence Wong said on Monday (Oct 10).

The return of the strata retail market
The retail sector took a beating from the pandemic-led recession of 2020 and the social mobility restrictions that characterised much of 2021. As the nation pivots to endemic living, the strata-retail market is slowly but steadily trending on the radar of investors, offering a ray of hope that the worst is over.

Buying a home with a pricey home loan can still make sense
Interest rates are rising – the three-month compounded Singapore Overnight Rate Average (Sora) has soared from under 0.2 per cent per annum at the start of the year to nearly 2.2 per cent as at value date Oct 7, 2022. A floating rate home loan that is pegged at 1 per cent plus three-month Sora will now cost around 3.2 per cent per annum.




IMF, World Bank warn of increasing risk of global recession

Powell set to rebuff pressure on Fed as finance chiefs meet

London’s most expensive mansion is on sale again

UK to auction more offshore wind sites to the highest bidder

UK facing ‘painful’ cuts to fix public finances: study

‘Not chump change:’ Home prices in Canada strain affluent budgets

Australia hopes to fend off recession despite global economic dangers: Treasurer

China’s rare policy support fails to spur Golden-Week holiday property sales

Hong Kong’s property market is tumbling as unsold homes pile up

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