The Singapore government will be reducing the supply of private residential units due to falling demand. In a press statement, the Ministry of National Development (MND) said that there is a large supply of around 44,000 private housing units in the pipeline. There are also around 24,000 existing private housing units that remain vacant. The demand […]
Tag: foreign portfolio investors
IKEA partner Ingka Group invests in Indian home furnishing startup Livspace
India-based home design and renovation platform Livspace has received funding from Ingka investments, the investment arm of Ingka Group. Ikea partner with Ingka Group
DBS property loans shrink 40-50% following cooling measures
Since the implementation of the property cooling measures last July, DBS property loans segment shrunk by 40 to 50 percent.
Singapore top investor in India during PM Modi’s tenure
Singapore has retained the top position as an investor during Prime Minister Narendra Modi’s tenure and in 2017-18 its investments at USD 12,180.29 billion exceeded the total FDI inflows from all the other nine countries in the top 10.
OPIC commits USD125mn to mid-size Indian companies in health, energy, tech, agriculture, services
Shortly after financing Grameen Impact with USD5mn for lending small and medium enterprises, the US funding arm OPIC has committed USD125 mn to support growth capital to mid-size Indian firms in the healthcare, energy, technology, agriculture, and service sectors.
Indian govt thinking of dollar deposit scheme for NRIs to halt Rupee’s fall
Trying to arrest the continued slide of the Indian rupee, the nation’s government is reportedly considering a dollar deposit scheme for non-resident Indians (NRIs) to increase dollar inflows.
Singapore private home prices increase despite cooling measures
According to a flash estimate from URA, private residential prices increased 0.5 percent in the three months that ended September 30.
Flipkart Internet gets SGD 655 mn fund infusion from Singapore ahead of Diwali season
Flipkart Internet, the online marketplace arm of the Walmart-backed company in India, has received an over SGD655-million (INR3,462-crore) investment from Flipkart Marketplace, Singapore, as per regulatory documents in India.
64 percent decrease in private home sales in August, lowest in six months
Only 616 units were sold in August, plunging 64 percent to the lowest in six months.
CEA issues guidelines for overseas real estate investments
With the upsurge in overseas investment in the real estate market from Singapore over the past few months, especially among the Non-Resident Indian community, the island nation’s Council for Estate Agencies’ (CEA) has published a guide on buying foreign properties.
