SINGAPORE REAL ESTATE
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).
https://www.channelnewsasia.com/singapore/singapore-housing-policy-leave-helping-families-elderly-social-mobility-lawrence-wong-2999646
https://www.todayonline.com/singapore/singapore-review-housing-policies-leave-measures-encourage-more-people-have-children-dpm-wong-2015841
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.
https://www.businesstimes.com.sg/real-estate/property-2022-oct-issue/the-return-of-the-strata-retail-market
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.
https://www.businesstimes.com.sg/opinion/mobile-spotlight/buying-a-home-with-a-pricey-home-loan-can-still-make-sense
GLOBAL ECONOMY & GLOBAL REAL ESTATE
IMF, World Bank warn of increasing risk of global recession
https://www.businesstimes.com.sg/government-economy/imf-world-bank-warn-of-increasing-risk-of-global-recession
https://www.straitstimes.com/business/economy/imf-world-bank-see-rising-risks-of-global-recession
Powell set to rebuff pressure on Fed as finance chiefs meet
https://www.businesstimes.com.sg/government-economy/powell-set-to-rebuff-pressure-on-fed-as-finance-chiefs-meet
London’s most expensive mansion is on sale again
https://www.businesstimes.com.sg/real-estate/londons-most-expensive-mansion-is-on-sale-again
UK to auction more offshore wind sites to the highest bidder
https://www.businesstimes.com.sg/energy-commodities/uk-to-auction-more-offshore-wind-sites-to-the-highest-bidder
UK facing ‘painful’ cuts to fix public finances: study
https://www.businesstimes.com.sg/global-enterprise/uk-facing-painful-cuts-to-fix-public-finances-study
‘Not chump change:’ Home prices in Canada strain affluent budgets
https://www.businesstimes.com.sg/real-estate/mobile-spotlight/not-chump-change-home-prices-in-canada-strain-affluent-budgets
Australia hopes to fend off recession despite global economic dangers: Treasurer
https://www.businesstimes.com.sg/government-economy/australia-hopes-to-fend-off-recession-despite-global-economic-dangers-treasurer
China’s rare policy support fails to spur Golden-Week holiday property sales
https://www.businesstimes.com.sg/real-estate/chinas-rare-policy-support-fails-to-spur-golden-week-holiday-property-sales
https://www.straitstimes.com/business/economy/chinas-rare-policy-support-fails-to-spur-golden-week-holiday-property-sales
Hong Kong’s property market is tumbling as unsold homes pile up
https://www.businesstimes.com.sg/real-estate/hong-kongs-property-market-is-tumbling-as-unsold-homes-pile-up
https://www.straitstimes.com/business/property/hong-kong-property-market-tumbling-as-unsold-homes-pile-up