The 7 Myths of Home Financing that prevents Singapore home owners from being richer

  You probably have some sort of reviews on your finances every so often. Of the numerous items that we look at, one of those closest to our hearts, and may often always be at the back of my minds as well, is our home sweet home, and the…

US Fed secures interest rate hike

After months of speculation, the US Federal Reserve has finally raised its benchmark interest rate by 0.25%, a collective vote which saw the key rate increase from 0.5% to 0.75%. While this hike was considered a conservative one, rates might…

US Fed secures interest rate hike

After months of speculation, the US Federal Reserve has finally raised its benchmark interest rate by 0.25%, a collective vote which saw the key rate increase from 0.5% to 0.75%. While this hike was considered a conservative one, rates might…

HDB property taxes lowered for 2017

Image Credit: Jnzl HDB flat owners, rejoice! According to the Inland Revenue Authority of Singapore (IRAS), your property tax next year will be lowered. Owners of all private property will either see a decrease as well, or no changes made to…

HDB property taxes lowered for 2017

Image Credit: Jnzl HDB flat owners, rejoice! According to the Inland Revenue Authority of Singapore (IRAS), your property tax next year will be lowered. Owners of all private property will either see a decrease as well, or no changes made to…

HDB loan vs Bank loan : Comparison of similarities & differences

Image Credit: Bernard Spragg Real estate purchase is easily one of the biggest financial commitments we will undertake in our lifetime. We spend the next 20-30 years contributing a portion of our salary to the repayment of the amount. The good…

HDB loan vs Bank loan : Comparison of similarities & differences

Image Credit: Bernard Spragg Real estate purchase is easily one of the biggest financial commitments we will undertake in our lifetime. We spend the next 20-30 years contributing a portion of our salary to the repayment of the amount. The good…

SIBOR and SOR see increase after months of stagnancy

Image Credit: Ken Teegardin With Trump as President-Elect, there is a likelihood that his administration could encourage spending to fuel inflation, and an 80% chance that interest rates will hike in December. Closer to home, Singapore’s…

SIBOR and SOR see increase after months of stagnancy

Image Credit: Ken Teegardin With Trump as President-Elect, there is a likelihood that his administration could encourage spending to fuel inflation, and an 80% chance that interest rates will hike in December. Closer to home, Singapore’s…

Singapore company in billion-dollar deal with consortium that includes Warburg Pincus

Image Credit: Bernard Spragg First it was Neptune Orient Lines, then SMRT. Now a third Singapore listed company, ARA, is soon to be bought out by an association of investors in another billion-dollar deal. These investors include Warburg Pincus…