Malaysian group Genting has emerged as a strong contender to unseat an incumbent Macau casino operator for a new license, analysts and executives say, unleashing possibly the biggest shakeup in the …
Singapore wakes up to new property cooling measures: Housing loan limits tightened
SINGAPORE – The maximum amount of money home buyers can borrow to purchase their homes will be tightened with immediate effect, so that borrowers avoid future difficulties in servicing those loans.The …
Singapore tightens property curbs to tame demand as rates rise
Singapore has unveiled a package of measures for the property market, including tightening lending limits for housing loans in response to a rise in interest rates, as well as new steps to moderate …
Shares of Singapore property developers fall after new cooling measures
Developers may push back some launches, says a property analyst after authorities announced stricter borrowing criteria for home loans.
Singapore tightens property curbs to cool demand
The Reuters news agency had earlier reported record numbers of Singapore public housing apartments were sold at more than 1 million Singapore dollars ($697,739). The government implemented a broad …
Singapore introduces property cooling measures, with stricter borrowing criteria and tighter limits for HDB loans
Private home owners will now have to wait 15 months after they sell their property before they can buy an HDB resale flat.
Singapore tightens property market curbs to combat rising rates, demand
Singapore unveiled a package of measures for the property market, including tightening the maximum loan quantum limits for housing loans in response to a rise in interest rates, and new steps to …
Singapore Developer Stocks Decline on Property-Cooling Measures
By Justina Lee Shares of Singapore developers fell Friday morning, after Singapore authorities issued new measures aimed at moderating housing demand.
Entrepreneur squeezed by Lebanon’s economic collapse threatens to burn down bank — to get his own money out
Abdallah Al-Saii spilled gasoline over the floors of his hometown bank, and threatened to use his lighter to burn it down unless he got his cash. “I had $400,000 deposited at the bank, but since …
Al-Bab residents demand houses back from Turkish-backed forces in Syria
Demonstrations were organized against the Turkey-backed Free Syrian Army in the city of al-Bab, during which protesters demanded that the factions return their houses and farms that had been seized …