3 portfolio management strategies to adopt, Money News,These 3 portfolio management strategies can help you better manage the risk-reward profile of your investment portfolio. Portfolio management is an important skill in investing. Take on too much risk and you may be left with sizeable losses. Tak
Property market update: Private home sales dip while prices keep climbing, Money News,2021 continues to be an interesting year. First-time homeowners continue to keep their fingers crossed, hoping for a break; while at the same time sellers wonder if now’s the time to sell (if you sell high, you mig
13 banks settle Singapore interest rate case for $124 million, Money News,Thirteen banks have agreed to pay $91 million (S$124 million) to resolve civil antitrust claims that they participated in a conspiracy to rig benchmark Singapore interest rates, adding to a settlement with six other financial
7 things to know about the 2022 BTO launch sites, Money News,2022 will be an interesting year, with the debut of the Prime Location Housing (PLH) flats, as well as demand being at a peak. On top of that, HDB has promised to ramp up production starting this year, to avoid the increasingly burdensome
Should right-sizing be part of your retirement plan? , Money News,Perhaps the children have moved out, or perhaps right-sizing was part of your retirement plans all along. Whatever the case, it's time to sell — and if you've done well for yourself, you might be wondering: why do you have t
Couldn't get your BTO flat of choice? Here are 5 alternative steps to take, Money News,The BTO launch exercise is over, and the dust has settled. Amid the debris, you get the dreaded email, telling you in a few curt lines that your application is unsuccessful. Before you throw something at the
Top 10 ETFs in Singapore: The total beginner's guide to investing in ETFs, Money News,Most of us have a vague idea that we should be investing at least some of our money to make it grow, but no one ever sits us down and outright tells us how exactly to do it. If you've been dutifully putti
World economy to top $136 trillion in 2022 for first time: Report, Money News,LONDON – The world's economic output will exceed $100 trillion (S$136 trillion) for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 eco
HDB BTO November 2021 overview: Choa Chu Kang, Hougang, Jurong West, Kallang/Whampoa, Rochor and Tengah, Money News,Update as of Nov 17, 2021: This article has been updated to include information released during the November 2021 BTO launch. The HDB BTO Nov 2021 exercise will offer 4,501 BTO flats i
The evolution of HDB floor plans over the years – are they for better or worse?, Money News,From the days of HDB terrace houses to today’s tiny flats, the concept of an HDB property has changed over the years. We see it quite often on the faces of older Singaporeans: Whenever someone is buying their
A guide to navigating CPF after losing a loved one, Money News,It’s never easy to talk about death. There’s still a stigma around this topic as we are all afraid to face the reality of losing someone we love. And if we have to deal with the loss, dealing with matters like finances would probably be
This Singaporean investor in her 30s owns 47 properties around the world – we break down 5 of them , Money News,In 2020, I met this fascinating lady when I was out socialising. Let’s call her Ms Dollar. There were so many reasons why she left such a huge impression on me, but what truly took the cak
Working class: The differences in work culture between the public and private sectors, Money News,It’s natural to have reservations about making a switch from the public to private sector or vice versa — you don’t know how hard a time you’ll have adapting to a new work culture. But Giet Koh didn’t l
Why this Dunman Road site could attract developer bids of $1.3b, Money News,Property developers are plagued by depleted land banks this year; so it’s not surprising we’ll see more competition for GLS sites. However, the upcoming Dunman Road site is likely to come with a daunting price tag – at poten
7 condos that averaged over $300k in profit you might not know about, Money News,Whether it’s a legacy or a retirement plan, the motive to buy private housing can often be the return on investment. We know that, for some owner-investors, it’s less about a nice view and a pool; and more about having
Everything explained: Euro hits parity with US dollar for first time in 20 years. Why does it matter?, Money News,For the first time in two decades, the exchange rate between the Euro and the US Dollar has reached parity. It has fallen to its lowest level since 2002, even briefly dipping just below
The cash-flush amateurs hunting game cards, handbags and art, Money News,LONDON – Stocks, bonds and commodities? Old hat. Once the preserve of the super-rich, or just the eccentric, all kinds of unusual investments from vintage handbags and shares in fine art to rare Pokemon cards are now the happy
4 key lessons we've learned from analysing 2,480 transactions from the 2007/08 property highs , Money News,Is it possible to make money from your property, even if you buy it at a peak? We last looked at this among buyers from 2013; but to corroborate it, we also looked at the 2007/8 peak. The
Premium credit cards: Which gives high income earners the best value?, Money News,Premium credit cards come with premium price tags and perks. But are they worth your hard-earned money? Premium credit cards are fancy: they come with perks, benefits and all the bells and whistles that regular credit
What's forex trading, and how to get started in Singapore, Money News,Forex trading is volatile, fast-paced and risky, but some traders have found great success with it. Here’s what you need to know before getting into forex trading. For those who find the stock market not quite thrilling or fa
In a hurry to move? Here are 23 new launch condominiums that will reach TOP in 2021/22, Money News,There are just some people that don’t like buying just from a showflat model – they need to see the actual product. Some others may have time constraints and need to move in by a certain date – this co
What a global recession means for you and how to protect yourself, Money News,There’s no sugarcoating it: The Singapore economy has started to lose steam in recent months. In August 2022, the Ministry of Trade and Industry revised Singapore’s GDP forecast for 2022 to 3 – 4 per cent, down from the pr
How can SMEs survive Covid-19?, Money News,The outbreak of the coronavirus has slowed the global economy and most companies are in a state of flux. As this epidemic evolved to a pandemic, it is projected that this ordeal may last for at least a year. In the face of this uncertainty, many Small Mediu
Horoscope signs guide: How astrology might affect your personal finances, Money News,\”Are you a Scorpio? You seemed really careful with your money.\”, my financial consultant friend asked. \”Yup, I am a Scorpio. What's that got to do with my finances?\” He replied that astrology although not scien
When to use a personal loan for education, Money News,When a study loan is not applicable, Singaporeans can use a personal loan to fund education and school fees. Furthering your education and improving your skills are vital for advancing your career in highly competitive Singapore. However, profess
FTX CEO looking at all options as Binance deal collapses, Money News,NEW YORK – FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday (Nov 9). The proposed deal between Bankman-F
Singtel flags macro-economic headwinds into 2023 despite upbeat H1 growth, Money News,Singapore Telecommunications (SingTel) on Thursday (Nov 10) said the company may have to bear the brunt of further macro-economic challenges that are expected to persist into fiscal 2023 despite posting a 23 per ce
Your go-to guide for bridging loans in Singapore , Money News,Check out how this short term loan could help you make large sum payments easily — plus a number of things you should always look out for before taking the plunge. Save for the 1 per cent of us, we mere mortals are probably very familiar
Planning on getting a high-interest savings account? Here's why now is the best time, Money News,The 2020s has been a turbulent and volatile decade for all of us, despite being us only surviving for three out of the ten years. In 2020, A global pandemic caused a massive crash in the stock marke
Record $1.418m Dawson flat: Was there really any better alternative?, Money News,SkyTerrace @ Dawson just set a new record for the most expensive resale flat, at $1.418 million. That begs the question: Is the price unreasonable? As some readers are bound to point out, $1.418 million could fetch the
7 key requirements to make your property a retirement asset, Money News,Home prices are at a peak in 2021, and the Additional Buyers Stamp Duty (ABSD) has raised questions on whether a property is a great investment. Whether you're a landlord or owner-investor, it's clear that the property
Malaysia's Najib seeks to depose Goldman Sachs, ex-banker in 1MDB defence, Money News,KUALA LUMPUR – Former Malaysian prime minister Najib Razak asked a US court on Tuesday for permission to seek documents and testimony from investment bank Goldman Sachs to help in his defence against criminal
CPF moves to make before 2021 ends: Enjoy tax relief and grow your retirement savings, Money News,Would you believe it? 2021 is coming to an end in about three months. Congratulations to all of us for making it through this tumultuous year. As much as my year has been a mess, I decided to ensure tha
Additional Buyer's Stamp Duty: What is ABSD & how much do I need to pay? (Dec 2021), Money News,When you buy a home, you’re not just paying for that nice new flat or apartment. There are actually quite a few other things you’ll be spending thousands on, including interest payments for your home
3 insights from the recently announced Phase 2 Cross Island Line MRT stations you might have missed, Money News,Six new MRT stations, set to be completed by 2032, have been announced as part of Phase 2 of the Cross Island Line (CRL). They are Turf City, King Albert Park, Maju, Clementi, West Coast a
Razer executive-led group offers to take firm private, valuing it at $4.3 billion, Money News,BENGALURU – Razer said on Thursday (Dec 2) that a group led by its top executives proposed to take the gaming hardware maker private in a deal that values the Hong Kong-listed company at HK$24.7 billion (S$
3 types of bank accounts you should consider opening this new year, Money News,Getting stuck in mile-long ATM queues is one of the more frustrating moments in a Singaporean’s life—especially when just one metre away, there’s a rival bank’s ATM machine that’s so deserted it seems haunted. But avoidin
Investing in 2021: 9 stocks to consider buying for the New Year, Money News,What a year 2020 has been. It has changed our lives in many ways that we would have never thought of. Due to the pandemic, the stock market this year has been on a rollercoaster ride as well, plunging quickly and recovering
How much insurance coverage should you have in Singapore?, Money News,It doesn’t matter how old you are or how much income you earn every month — everyone needs insurance. Most people already know that, but how much insurance coverage do you need? The hard truth (ha ha) is that too many Singaporeans
Making your first overseas real estate purchase: 8 tips by an ex-international property marketer, Money News,“Let me make cars. You stick to making tractors.” Just these 9 words uttered by Enzo Ferrari changed the course of supercars forever. He was speaking to none other than the now world-famous f
8 old freehold shopping centres you can surprisingly buy a home in, Money News,Before the popularity of online shopping, many Singaporeans would have been to Queensway Shopping Centre to browse all the sporting shoes on offer. While the shopping centre has seen better days, it still remains relative
Koufu founders, a husband-wife duo, make an offer of 77 cents per share in cash to privatise company, Money News,SINGAPORE – Koufu Group's founding shareholders are proposing to privatise the company at 77 cents per share in cash through a voluntary conditional offer that values the foodcourt o
Grab says delivery business softening, still 'laser-focused' on profitability, Money News,Singapore's Grab Holdings Ltd on Thursday (Aug 25) slashed its gross merchandise volume (GMV) outlook for the year, blaming a strong dollar and cooling demand for food delivery services as consum
Grab in talks to go public in nearly $54b Spac deal: Sources, Money News,BENGALURU – Grab Holdings is in talks to go public through a merger with a special purpose acquisition company that could value the ride-hailing giant at nearly US$40 billion (S$54 billion), people familiar with the matter said
3 tests you have to pass before buying your next stock, Money News,Every week, there will be stocks trading at or near their 52-week low prices. Some of these low stock prices may be opportunities. In Singapore, there has been no shortage of potential opportunities over the past month. For those who
3 new pay-as-you-go insurance plans to consider in 2021, Money News,Micro insurance allows you to get coverage for literal cents. But do these three new pay-as-you-go plans make cents for you? Insurance is a funny thing: you don’t need it, until you do. Contradictory, we know, but this is also why s
How worried should you be about Singapore's $64.9b budget deficit in FY2020?, Money News,If Singapore were a person, I would objectively say that Singapore is someone who is rather financially savvy. Instead of spending impulsively on frivolous wants and racking up huge debts , Singapore has lo
Budget 2022 property tax: How much more it'll cost you and how it'll affect the market, Money News,In the recent budget 2022 announcement, the government said it would raise property taxes starting next year. While the increment isn’t significant for most homeowners, it adds to a series of
5 spacious 3-bedder condo units for families that need space (under $1.5m), Money News,Prices per square foot are climbing, but the overall quantum isn’t increasing much. What does that mean for the Singapore private property market? It’s simple: homes are getting smaller. Many of us long for the ho
Netflix rocked by subscriber loss, may offer cheaper ad-supported plans, Money News,Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortun
Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners, Money News,In an effort to fight inflation and cool consumer spending, the US Federal Reserve has increased its interest rate by 75 basis points – its highest rate hike since 1994. Th
4 truths about property agent commissions that you need to know, Money News,Property agent shenanigans are much more toned down these days, thanks to the internet/social media. It also helps that buyers/sellers are much more educated than before, and are able to provide more resistance. However, thi
5 tips to overcome retrenchment and get your career back on track, Money News,Suffering a retrenchment during a recession can be unnerving. Here's what you can do to get your life and career back on track
HDB loft flat at Dawson snapped up for $1.32m, breaks Queenstown resale flat record , Money News,Rare HDB flats on the market usually command sky-high resale prices. This time, a five-room loft unit in SkyTerrace @ Dawson was recently sold for over $1.32 million, setting a new record for resale HDB
How I met my housemate: Are more people co-sharing apartments due to higher per square foot rent?, Money News,It seems that the starting age for young adults to buy their first home is increasing in accordance with rental prices, forcing more to adopt the title of co-tenant in order to afford their
7 potentially undervalued Singapore blue-chip stocks, Money News,After being a major laggard in 2020, the Straits Times Index (STI) is finally waking up from its slumber. Year-to-date (as of March 26), the benchmark index for the Singapore stock market is up 11.1 per cent, outpacing all the major wo
Indonesia to tighten rules for crypto exchanges, ensure more local control, Money News,JAKARTA – Indonesia's trade ministry plans to issue a new rule governing crypto asset exchanges, requiring two-thirds of the board of directors and commissioners to be Indonesian citizens and reside in the co
PayPal says it is currently not pursuing Pinterest acquisition, Money News,PayPal Inc said it is not pursuing an acquisition of Pinterest Inc at this time, after several media reported last week that it was in talks to buy the digital pinboard site for as much as $45 billion (S$61 billion). The late
Japanese beer maker Asahi announces first price hikes in 14 years; shares jump, Money News,TOKYO — Shares in Asahi Group Holdings surged on Wednesday (April 27) after the Japanese beer maker announced its first price increases for canned beer in 14 years and a range of other price hikes to cope with
Wife of Fragrance Group's founder buys GCB for $65m – and it's not the couple's first, Money News,There's been plenty of movement when it comes to the Good Class Bungalow (GCB) market in recent times, with one transaction involving a GCB in Bishopsgate. Lim Wan Looi, the wife of
Scrip dividend scheme: Why getting paid in shares is one wise investment move, Money News,Cash or shares — which would you pick for your dividends? Here’s what scrip dividends are and reasons for investors to choose either option. What’s the scrip dividend scheme? Some companies give out dividends t
Warren Buffett dumped all his airline stocks. What you need to know, Money News,Warren Buffett announced in its 1Q20 briefing that the conglomerate, in a stunning move, has sold all its airline stakes in the current quarter, worth slightly north of US$4 billion (S$5.7 billion) as of end 2019. This w
Alternative careers during the pandemic – how much can you earn?, Money News,Covid-19 may have robbed you of your job, but there are new careers to be found – if you know where to look. Now well into its second year, the Covid-19 pandemic not only wreaked havoc around the planet, but also destroyed
Crypto exchange giant Coinbase gets Singapore licence, Money News,SINGAPORE – Coinbase, the largest crypto exchange in the United States, says it has received approval from Singapore's central bank to offer payment services. The in-principle approval, which the central bank started giving out t
Rare HDB terrace flat in Whampoa sold for record $1.268m, Money News,2021 has been a record year for million-dollar flats. A 49-year-old Housing Board terrace house in Whampoa tops the list after being sold for $1.268 million this month, making it the most expensive HDB resale property to switch own
4 things I like about Budget 2020, Money News,Singapore's Budget 2020 has probably come in within expectations after so many test balloons were floated in the weeks leading up to the Finance Minister's speech in parliament on Tuesday (Feb 18). At $10.9 billion, this year's budget defi
What should you do about the market correction? Nothing., Money News,Last week, more cases of COVID-19 were reported outside of China causing markets to take a hit for several days, with the S&P 500 booking the worst week since 2008 and officially going into correction territory (i.e., a market
3 stocks I am avoiding during this crisis, Money News,The bear market has taken many by surprise due to its speed and ferocity. Many stocks have been viciously sold down to multi-year lows. Value investors who are looking for bargains will probably salivate at the buffet of cheap stocks available. A
Singapore inflation rate 2022: What is it and why does it matter?, Money News,OK, confession time. Even though I know that Inflation is Very Bad and I should do all I can to stay ahead of it, I must confess I haven’t a clue what the Singapore inflation rate actually is. Well, until recently when it
Pound falls to 37-year low , Money News,LONDON — The pound on Friday (Sept 16) tumbled to a fresh 37-year low on the US dollar, and a 17-month trough on the euro, after weaker-than-expected figures of retail sales added to worries about the health of Britain's economy. The pound fell more than
How to save even more money during this circuit breaker, Money News,Since you currently don’t have transport expenses (unless you’re an essential worker, of course) and aren’t able to eat out, you might find that you’re saving quite a bit of money during this circuit breaker. But where is all that e
3 investor biases that could trip you up, Money News,Investors go through the whole gamut of emotions when they enter the stock market. The daily fluctuations can elicit a wide range of feelings ranging from greed to abject fear. The reason for this is simple: any activity that involves money (be it
Is Kopar @ Newton or Fourth Avenue Residences a better choice for 2-bedroom unit?, Money News,Hi, Stacked homes team, Firstly, I’d like to say I’m a big fan of the editorial and want to say thank you for all the education and information provided. As a first-time homebuyer, it’s been such a great he
Sony hikes PS5 price on economic pressures, rising rates, Money News,TOKYO – Sony said Thursday (Aug 25) it was hiking the price of its PlayStation 5 games console in Europe, Japan and Britain due to rising interest rates and other economic pressures. Sony is raising the price of the disk drive-equi
What are licensed moneylenders and what to look out for when borrowing from them?, Money News,Licensed moneylenders are commonly seen as they sprout all over the country, come knocking on your neighbour’s doors, and are seen all over heartland neighbourhoods. In this article, we consulted Credit Bur
5-room flat second HDB unit in Ang Mo Kio to cross million-dollar mark, Money News,A winning combination of view, size and proximity to an MRT station recently made a five-room flat in Ang Mo Kio cross the million-dollar mark. It was sold for $1,008,888 in November. The unit is located at Block 310b
Nearly all ECs resold in the past 15 years made a profit averaging $300k, Money News,4,263 or 99.9 per cent of the executive condominium (EC) units sold in the resale market between 2007 and end-August 2022 yielded an average gross profit of $295,904 each. Most of these units were sold less than 10
Crypto lender BlockFi files for bankruptcy, cites FTX exposure, Money News,Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday (Nov 28), the latest industry casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlie
What is the Supplementary Retirement Scheme? Best SRS account promotions 2019, Money News,I've been dreaming about retirement since the day I started working. So the Supplementary Retirement Scheme (SRS), as dry as it sounds, is more interesting to me than an H&M sale. The SRS is a governme
Dysons sell ‘bungalow in the sky’ for $62m at a loss, Money News,A year after splashing out $73.8 million on Singapore's most expensive penthouse, James Dyson, 73, is selling the property for $62 million at a loss. The luxury apartment at Wallich Residence occupies the top three levels of the 6
Want to elevate your property investing knowledge? Here are 7 terms you should know, Money News,From enjoying food to queuing, Singaporeans have many common love interests. At the very top of Singaporeans’ love interests is our love affair with property. If given a chance, every Singaporean wants to
Will rich foreigners still want your prime district condo in 2022?, Money News,As of December 2021, there’s been an ongoing debate on whether Singapore property is still attractive to foreigners. Some believe the answer is a definite no, with stamp duties hiked by a whopping 10 per cent; yet others
How much does it cost to live in Singapore's 3 hottest HDB estates?, Money News,HDB flats in Punggol, Sengkang, and Choa Chu Kang are in high demand this year, as all three towns came out with the highest resale registered application counts in Q1 2021. These popular HDB estates are growing in
How to climb the ranks if you work in one company for a long time, Money News,In an age where job-hopping is commonly encouraged, it can be hard to imagine working for the same company for more than a couple of years. But loyalty can and does pay off at the right organisation. Vivian Chua first star
Personal loan vs debt consolidation vs personal line of credit: What's the difference?, Money News,Getting a loan from a financial institution can be tricky for those unfamiliar with finance in general; since there are many different jargon and products and services that serve different purpose
China slams the brakes on Ant Group's US$37 billion listing, Money News,HONG KONG/NEW YORK – China suspended Ant Group’s $37 billion (S$50 billion) listing on Tuesday, thwarting the world’s largest stock market debut with just days to go in a dramatic blow to the financial technology firm found
Does having an electric vehicle affect your car insurance?, Money News,Short answer? Yes, having an Electric Vehicle affects your car insurance policy. Long answer? Here are the details. Electric Vehicles are quickly gaining traction in Singapore, with the number of electric vehicles here more than
A $45k HDB renovation breakdown: A couple share how they created a modern minimalist abode, Money News,For first-time homeowners looking to renovate their home, it’s often like navigating a maze. From choosing the right ID, to knowing how to compare quotes, or just trying to figure out if you are ge
All you need to know about income tax in Singapore, Money News,It's that time of the year again. This tax period YA 2020, you will be paying taxes for the income earned last year in 2019. So, we put together a checklist of the details you need to know when filing your income tax. Taxes are cons
5 things to know about Genting Singapore's latest earnings, Money News,A decade ago, Singapore witnessed the opening of two integrated resorts (IR), a first for the island. These were Resorts World Sentosa, owned and operated by Genting Singapore Ltd, and Marina Bay Sands, built and operated by
How to avoid falling victim to credit card fraud when shopping online or travelling overseas, Money News,According to data from ride-hailing service provider Grab, Singaporeans are the most well-travelled in the Southeast Asian region. Another survey conducted in 2018 revealed that Singaporeans are
Irwell Hill Residences review: Surprisingly expansive grounds + good entry price, Money News,Score: 81 per cent Unit Efficiency 4.5/5 Unit Size 3/5 Quality of Fittings 4/5 Design 3/5 Variety of Facilities 3.5/5 Quality of Facilities 4.5/5 Surrounding Amenities 4.5/5 Developer 4.5/5 Transport Links 5
3 Warren Buffett quotes to help you survive a market crash, Money News,With decades of investing experience under his belt, Buffett knows more than a thing or two about market crashes. With a rough ride ahead of us, who better to take advice from than the Oracle of Omaha himself? As the threat of CO
5 expat enclaves and their all-inclusive rental rates , Money News,Expat enclaves are an unofficial part of the Singapore real estate industry; but that doesn’t change the reality on the ground. Some parts of our island are just more popular among groups of foreigners than others. Whether you’re a f
Should Facebook shareholders be concerned over regulations?, Money News,Facebook has faced growing scrutiny among regulators. Here are my thoughts on what will happen if it is further regulated or forced to break up. Most of us don't go a day without using Facebook or Instagram. But despite its
Meta to keep facing Apple privacy pinch, TikTok heat for now, Money News,Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price target
Should I sell now and buy back later?, Money News,When markets are going down, it is easy to say, Since stock prices are falling, I'm going to sell now and then buy back cheaper later! Trust me, I've made that (noob) mistake before. And guess what? The markets went up and I lost my chance.
Uniqlo owner to hike prices in sign of shift for Japan, Money News,TOKYO – Clothing retailer Uniqlo will have to raise prices of some products due to higher costs for raw materials and shipping, its owner said on Thursday (Jan 13), becoming a high-profile example of Japanese firms throwing off a dec
Want to sail the high seas? What you need to know about renting vs buying a boat, Money News,With so many islands to explore around Singapore and the allure of having the freedom to travel by sea, owning a boat in Singapore can seem like a luxurious way to relax from the hustle and bustle of the cit
FTX founder Bankman-Fried says filing for bankruptcy was a mistake, Money News,BENGALURU – The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticised regulators. Bankman-Fried said later on
Singapore property: JP Morgan says a fall of 10% is likely. To buy or not to buy now?, Money News,JP Morgan recently came out with a Singapore Property sector report which I like to share some of the key salient points with everyone. You can find the PDF report at the end of this article. Following
Why is a million-dollar flat reasonable to some homeowners in 2022? , Money News,We're nine months into 2022 and already, more resale flats have crossed the $1 million mark than the whole of 2021. Mind you, 2021 already saw a record number of million-dollar flats, so we've truly reached a
Jeff Bezos, Elon Musk top Forbes' record-setting billionaire list, Money News,NEW JERSEY – Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon.com founder Jeff Bezos topping it for the fourth consecutive year, the media company said on T
19 million-dollar flats sold as HDB resale prices rise in June, Money News,SINGAPORE – The Housing Board resale market bounced back quickly last month, with prices continuing to climb and more flats changing hands as tightened Covid-19 measures were eased. HDB resale prices rose for the 12th straigh
Hin Leong Trading's $1.14b cover-up scandal: What Singaporeans need to know, Money News,It appears Hin Leong can’t catch a break. On Tuesday (May 12), Ocean Tankers, a subsidiary of the scandal-plagued Hin Leong Trading had reportedly filed for judicial management. According to a notice on the
4 unlikely stocks with growing profits, Money News,Singapore is facing its worst economic downturn since independence. With forced border shutdowns and movement restrictions caused by the Covid-19 virus, it’s expected that many businesses will suffer from falling revenue and plunging profits. Howeve
Understanding interest rates: How you can use it to save even more money, Money News,Low interest rates are here to stay. For the time being, at least. Here’s what you need to know about interest rates and how you can make the most of it. As we are mired in one of the worst recessions in history (fr
Can we really do good while investing?, Money News,Are we really able to do good while investing? This question irked me at the time I was thinking of making a career switch to investing. I wanted a career that was both fulfilling and enabled me to make a difference to the world at the same time. Th
Best handyman services in Singapore for all your home fix needs, Money News,Looking for a quick and affordable fix for your broken home appliance? Read our handyman guide to get the best handyman service for your home fix needs. From time to time, things in your home break down. But it’s a real pity
August HDB BTO: Larger flats in Ang Mo Kio, Tampines most popular, Money News,SINGAPORE – Larger flats in the mature estates of Ang Mo Kio and Tampines were the most popular in the August Build-to-Order (BTO) sales exercise. As at 5pm on Monday, close to eight first-time applicants were vying for ea
Here's how to do a CPF top up and get up to 3% cashback, Money News,[UPDATE: Feb 4] As of Jan 27, Grab announced on its website that PayNow payments to the following merchants are no longer supported: Singtel Dash wallet top up Payments to IRAS Payments to CPF Board Sadly, this means that you c
Musk sells nearly $9.5b in Tesla shares amid Twitter legal battle, Money News,Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion (S$9.5 billion) worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle wit
Should investors be worried about the Wuhan virus?, Money News,Sadly, the Wuhan Virus is proving more devastating than earlier expected. The latest figures this morning showed that the death toll had already risen to 170, with more than 7,800 cases confirmed. These numbers are almost certain to mush
SkyTerrace@Dawson review: Greenery living in a central location, Money News,SkyTerrace@Dawson brings a new level of family living in the HDB market, with its greenery and direct access to the Park Connector. It's pricey, but for what it offers, there are few to no others like it. Reviewed by Re
August 2022 HDB BTO in-depth review: Bukit Merah, Money News,If you want to live close to the city centre, look out for the Bukit Merah BTO. In the August 2022 HDB BTO launch, HDB will be offering two projects in this mature estate. August 2022 Bukit Merah HDB BTO at a glance Location Along Alexandr
What 2 top-performing funds have in common, Money News,The Mawer Global Equity Fund and Fundsmith have handsomely outperformed the market since inception. Here's how they did it. If you thought that professional investors can easily beat an unmanaged basket of stocks, think again. According to
Is index investing really passive?, Money News,Wallstreet terms index investing as a passive strategy. But is investing in an index fund truly passive? Personally, I don’t think so. The finance community often use the term “passive investing” to apply to investing in index funds. But is investing in
Singapore stocks news: Singapore Press Holdings (SPH), Mapletree Logistics Trust, ComfortDelGro, and more, Money News,Here’s a selection of Singapore-listed companies that released noteworthy announcements this week or towards the end of last week. ComfortDelGro Corporation Ltd ComfortDelGro is plan
Is housing still affordable to the average Singaporean in 2022?, Money News,Home prices are at record highs in 2022, and now we face the threat of higher interest rates; we’re not surprised that home buyers are starting to get anxious. This leads us to that old battleground of divisive opinions: how
Cryptoverse: The early birds betting bitcoin's bottoming out, Money News,As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent ju
4 things to look out for in a renovation loan, Money News,A renovation loan can supplement your savings when doing up your home. Learn how it works, what it can be used for, as well as key pointers to consider when shopping for a renovation loan. Now that you’ve finally gotten the keys to your nest,
Touring West Coast landed estate: 999-year landed homes that are less crowded and near many schools, Money News,In response to another reader’s request, I went down to West Coast to tour the landed houses there. This is an area that I’m quite familiar with, as my Mother has been working there my ent
MAS removes caps on dividend payments by local banks, Money News,SINGAPORE – The Monetary Authority of Singapore (MAS) said on Wednesday (July 28) it was removing caps on dividends paid by locally incorporated banks and finance companies, which were introduced amid an uncertain economic outlook earl
How to be a CPF multi-millionaire in uncertain times, Money News,With economic damage and financial market volatility, people in Singapore are still worried about their job security and their future more than ever. With so much uncertainty in the current environment, how can anyone even begin to thi
Operator-run HDB rental scheme for joint singles – take it or leave it?, Money News,HDB launched the Joint Singles Scheme Operator-Run (JSS-OR) Pilot on Dec 17, 2021. Not to be confused with the Joint Singles Scheme (JSS), the JSS-OR program is an alternative model that allows for singles to submit
Singapore slaps 35% additional buyer's stamp duty on residential property transfers into living trust, Money News,SINGAPORE – Transfers of residential properties into a living trust will be subject to an additional buyer's stamp duty (ABSD) of 35 per cent from Monday (May 9), the Ministry
Buyers willing to pay up to 27% more for OCR integrated developments, Money News,A limited supply of integrated developments in the suburbs has made them even more attractive to buyers and tenants, leading to higher prices and rents than other condos in the Outside Central Region (OCR). According to
Insurance riders in Singapore: Which ones do you actually need, Money News,Just when you think you’ve compared insurance products thoroughly and found the absolute best one for your needs, you scroll down and realise that there are these things called “riders” to choose from. What they heck are they
Can you make money in today's stock market?, Money News,You've probably heard of the phrase – no one is perfect. When it comes to investing, this phrase rings truer than most other endeavours. In the realm of sports, you have tennis greats such as Roger Federer. He has dominated tennis cha
Here are the pros and cons of making voluntary CPF top-ups in 2020, Money News,When deciding to top-up funds into our CPF accounts, there are many things we need to consider. In a world grappling with the Covid-19-induced health and economic uncertainties, we really need to make good personal financ
Bankrupt FTX's new CEO outlines fund abuses, untrustworthy records, Money News,The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor accounting at the collapsed crypto exchange on Thursday (Nov 17), describing it as a \”complete
Make money doing what you love: 5 hobbies you can monetise, Money News,Living in the Hustle Era, millennials often feel the need to monetise their hobbies. This can be attributed to a few factors. A 2019 Deloitte Millennial Survey revealed that \”only 26 per cent of respondents expect economic condit
How should you prepare for the economic fallout of Covid-19?, Money News,Covid-19 has caused financial markets to tank and slowed economic growth around the world. Some economists are predicting recessions across major economies. These can be scary times for everyday consumers. In this article, we h
Should I buy J Gateway even though the HSR is cancelled?, Money News,Hi there! I’ve been a follower of your page and I’ve benefited much from your analysis of the private property landscape in S’pore. Data driven and no upselling like some sites! I’m currently single and 33 years old and looking to
Best premium credit cards for high-income earners in Singapore, Money News,Premium credit cards come with all the perks and benefits of regular credit cards, plus a few extra bells and whistles. Designed specially for affluent Singaporeans who make at least S$120,000 a year, they naturally also come
Your stocks have risen, should you sell?, Money News,You've dug down, done extensive research, and ended up with stock that has made a handsome profit. Congratulations! Not many people can claim to have done well in investing, so give yourself a pat on the back. However, we are now faced with a
Which blue-chip companies make attractive investments?, Money News,Blue-chips have been battered and bruised by the recent market crash. Many have hit 10-year lows, while others have halved during the space of less than a year. There has been a sharp rebound in the last four weeks though, taking the
Yishun executive flat sells for $1.038 million, Money News,An executive flat in Yishun has joined the million-dollar club when it was sold for $1.038 million in February 2022. This marks a first in the estate, as well as the first time in four years for a flat in a non-mature estate to be sold for a
One key factor to protect your wealth during a crisis, Money News,As the saying goes – tough times don't last, but tough people do. The same applies for businesses. It sure feels like investors are in the midst of tough times right now, with the Covid-19 virus outbreak upending supply chains an
MSCI and SGX licensing breakup: Will SGX stock dividends be affected, Money News,On May 27 (Wed), Singapore Exchange (SGX) announced that the contract for the license agreement it has with MSCI Inc. will not be renewed beyond February 202. This means that aside from MSCI Singapore Index products, th
How to be prepared for your first new launch condo booking day (ballot process + timeline), Money News,So we’ve seen a number of guides on what to do when hunting for the ‘ most suitable ’ new launch unit. We’ve also touched briefly in the past on the timelines of purchasing both new launch and resa
Property jargon of the day: Rest of Central Region (RCR), Money News,Everyday, 99.co takes a piece of property jargon and demystifies it. Today, we’re looking at the Rest of Central Region (RCR), the sandwiched area of Singapore property. What is the RCR? While HDB flats are commonly classified by t
Asia's central banks forced to play catch-up in global rush to raise rates, Money News,SINGAPORE – Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies. M
5 disadvantages of using dollar-cost averaging into a downward market , Money News,For those following the stock markets, we have already seen Covid-19 severely impact global stock prices. Since the start of 2020, the S&P 500 in the US is down 28.7 per cent, Hong Kong's Hang Seng Index (HSI
HDB November 2021 BTO in-depth review: Choa Chu Kang, Money News,Update as of Nov 17, 2021: This article has been updated with more information released during the November 2021 BTO launch. In this November 2021 BTO launch, HDB will offer 4,501 flats across nine projects in two mature and four non-m
Alex Residences review: Glorious 40th floor infinity pool, Money News,Alex Residences offers buyers an opportunity to reach the hubs of Outram Park and Buona Vista quickly given the nearby Redhill MRT, but it does have a lot of competition in the vicinity. Project: Alex Residences District: 03 Addre
Top electric vehicle ETFs to consider in 2022, Money News,We have seen rapidly increasing adoption of Electric Vehicles (EVs) worldwide and EVs emerging as practical transport solutions in recent times. Arguably, this dare I say, the EV revolution has been pushed on by the efforts of Tesla and other
The real financial cost of critical illnesses in Singapore, Money News,Battling a critical illness can be tough. It is a long-term affair and can put a large stress on one’s finances and emotional health. From the medical bills involved in the treatments for critical illnesses to facing difficulties
Realistic reasons why you should buy life insurance in your 20s (not 40s), Money News,The mid-20s is the age when the majority, if not all, Singaporeans start to be financially independent. It is this period when you have minimal savings, and have to start paying for your bills. Given that you’re pr
Singapore Airlines swings to profit as passenger traffic improves, Money News,Singapore Airlines (SIA) swung to a first-quarter net profit of $370 million, it said on Thursday (July 28), after a fourteenfold increase in passenger traffic year on year thanks to an easing of Covid-19 travel restrictio
How has Singapore's pawn shop market changed during Covid-19?, Money News,In recent years, Singaporeans have been acquiring more loans through pawn shops. While traditional loans are still the more popular choice, pawn shops can be attractive due to their quick cash disbursal without a credit c
Pinnacle@Duxton flat is now the most expensive HDB flat, sold for $1.39m, Money News,A five-room resale flat at Pinnacle@Duxton was sold for a whopping $1,388,888.88 last March. According to Christine Sun, Senior Vice President of Research and Analytics at OrangeTee & Tie, the transaction marks
Temasek portfolio surges to record after market rally, Money News,SINGAPORE, July 13 – Singapore's Temasek Holdings reported a 25 per cent rise in its portfolio value to a record $381 billion in the year ended March 2021, with gains powered by a global equities rally and the public listing of s
A first-time homebuyer's journey: My personal review of Windermere EC, Money News,As someone wiser than me once said, first impressions can be deceptive, and my viewings at The Esparis and Windermere Executive Condominium (EC) developments last week all but confirmed this. Given The Esparis’ lo
Google Pay brings more ways to earn rewards and cashbacks this month, Money News,Google is bringing you five holiday offers via the Google Pay app that will earn you rewards and cashbacks from now until Dec 31. These are: Spend and transfer more to receive more Collect a scratch card for each of the
Want more dividends? Here are 3 things you should look out for, Money News,Dividends form the core investment strategy for income-seeking investors. While many companies do pay regular dividends, these pay-outs may fluctuate over the years depending on both the state of the economy and financial per
Riviere condominium review: Luxury riverfront living with proximity to the tranquillity of Singapore's waterfront, Money News,Our verdict 81 per cent Overall rating Riviere is poised to benefit greatly from the upcoming Great World station along the Thomson-East Coast line. Its proximity to the
6 new launch executive condominiums 2021, Money News,With condo resale prices increasing for 14 straight months, homebuyers may want to consider executive condos (ECs) as one of the most coveted properties to upgrade to. ECs are a hot favourite amongst HDB upgraders, especially current homeowners wh
Ultimate list of 23 HDB executive maisonettes: Location, price, size, and are they worth buying?, Money News,HDB executive maisonettes or, as we’re fond of calling them, the “penthouse of public housing”, are full of mystery. You probably know that among all the different segments of HDB housing, it
POSB Everyday Card review: A cashback credit card with no minimum spend requirement, Money News,The POSB Everyday Card looks like a plain ol’ auntie card, but don’t be fooled by its ho-hum exterior. It’s actually one of the best cashback credit cards for cash rebates at Sheng Siong and Watsons. That
Disney's streaming growth counters Netflix dip, yet inflation looms, Money News,Walt Disney Co eased concerns on Wednesday (May 11) about the future of streaming video by picking up 7.9 million new Disney+ customers, although the company warned supply chain disruptions and rising wages could pr
Thailand probing potential losses for users of crypto platform Zipmex, Money News,BANGKOK – Thailand's Securities and Exchange Commission said on Monday (July 25) that it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily
14 condos you can get with $1.5m within 1km of popular primary school in the North-East, Money News,There’s no two ways about it – education is a big part of Singapore. As much as other cultures like to joke about Asian parents and their fascination with their kids becoming lawyers and doctors, ther
Singapore Airlines expects to inch closer to pre-pandemic capacity by 2022-end, Money News,Singapore Airlines Ltd (SIA) said it expects passenger capacity to reach about 81 per cent of pre-pandemic levels by December as flyers rush to the skies after the easing of Covid-19 curbs. The upbeat forecast
From Dogecoin to Cardano: Should you take altcoins seriously?, Money News,There remains a persistent undertone of skepticism whenever the topic of cryptocurrency is brought up, and for a good reason. Bitcoin — the defacto standard for cryptocurrencies — has its laundry list of reasonable criticisms.
$700k to $300m: What you can learn from this sports gambling expert as an investor, Money News,You may have heard recently that Brentford FC was recently promoted to the Premier League. And if you aren’t a football fan, let me clue you in – that’s like hitting the en bloc lottery multiplied by 100,0
Bank stocks in Singapore are likely to survive this recession, Money News,Bank stocks in Singapore have been massively sold down. However, I think they are well-positioned to ride out the recession. Here’s why. With a recession looming, it is no surprise that bank stocks in Singapore have been massi
Ultimate guide to digital multi-currency accounts (2021), Money News,Disrupting the foreign currency exchange space, digital multi-currency accounts give the notion of ‘travelling light’ a brand new meaning. With more digital multi-currency accounts making their way to Singapore, the days of monitor
Are higher floor units better in terms of profitability?, Money News,Did you know that in the UK, it wasn’t too long ago that living in a tall building was considered to be the opposite of luxurious living? But that’s slowly changing. Increasingly, tall buildings are being regarded as a sign of luxu
Why 2020 is a bad year to enter the workforce, and what fresh graduates can do about it, Money News,The Class of 2020 is graduating into an epidemic. Our final weeks at school are a fiasco of disruptions and remote learning, ameliorated by the recent S/U announcements for those in NTU and NUS. But n
HDB resale prices continue to climb in September; record 45 million-dollar flats sold, Money News,SINGAPORE – Prices of Housing Board resale flats climbed for the 27th consecutive month in September, with a record 45 units changing hands for at least $1 million in a month. HDB resale flat prices gre
Bitcoin takes breather after retreat from record near $80k, Money News,TOKYO – Bitcoin consolidated around $60,000 (S$80,000) on Monday, taking a breather from the weekend’s record high as investors prepared for inflation worries and US stimulus spending to propel it even higher. The world’s most po
How to prevent bankruptcy amid the Covid-19 pandemic, Money News,With the world economy running into a state of uncertainty amid the Covid-19 pandemic, many people are realizing the need for maintaining good financial health and managing their funds more effectively. This also includes the subject o
Grab sees rebound in ride-hailing as offices reopen, Money News,Grab Holdings Ltd, Southeast Asia's No. 1 ride-hailing and food delivery firm, on Thursday (May 19) forecast a rebound in its rideshare and food delivery businesses as economies recover from a pandemic-led slump, sending its US-lis
The rise of the Central Bank Digital Currency (CBDC) and what it means for Singaporeans, Money News,TL;DR: Central Bank-Digital Currency explained CBDC is the digital form of fiat currency that is issued and regulated by a country’s central bank or monetary authority. There are two main types of CBD
Netflix heads for worst day in 2 decades as investors hit 'not for me', Money News,Netflix Inc shares lost over a third of their value on Wednesday (April 20) after the company reported its first drop in subscribers in a decade, leaving Wall Street questioning its growth in the face of fie
Save for your child's education with an endowment insurance plan, Money News,A common woe for parents is funding their children's future. One way to tackle this concern is to use the various endowment insurance options in Singapore properly. It's expensive to raise a child here, and t
6 actionable steps to compare between a new launch and resale condominium , Money News,We’ve covered the basics of new versus resale condos before, but now let’s get further into specifics. In practice, you’ll end up choosing between a mix of new and resale condos in a given neighbourhood; or you ma
Why don't stocks fall as fast as earnings?, Money News,Some investors may be wondering why stocks have not fallen more. The S&P 500 in the US has rebounded sharply in recent days and is now down by just 15 per cent year-to-date. Yet US companies are expected to see their earnings decline mu
NFT marketplace OpenSea slashes 20% of jobs, Money News,Non-fungible token (NFT) marketplace OpenSea has cut 20 per cent of its workforce to reduce costs in the face of a prolonged slump in digital asset markets, the New York-based company said on Thursday (July 14). OpenSea, the largest NFT marketp
Bitcoin recoups some losses in Asia after plunging on Chinese crackdown, Money News,HONG KONG, June 22 – Bitcoin regained some ground on Tuesday (June 22), a day after touching a two-week low after China’s central bank reaffirmed a crackdown on cryptocurrencies and restricted trading channels for Ch
How financial planning will change post Covid-19, Money News,According to a survey done by OCBC, many here do not have enough savings to allow them to maintain their current lifestyle beyond 6 months if they were to lose their jobs. Elliott Danker & Manisha Tank speak to Tan Siew Lee, Head of We
10 mega-sized condos in Singapore for families that need space, Money News,One of the silver linings of the pandemic is the rediscovery of time for people. Less commuting has resulted in people spending more time at home, and through that, many are reevaluating what their needs are from a home. Chie
Futu Moomoo Singapore review (2021): Worth it for the free Apple share?, Money News,Futu Moomoo might sound like the brandname of a new type of flavoured milk, but it’s actually an online investment brokerage. Even the lactose-intolerant can partake! Moomoo is a stock trading platform that’s new to
This co-living operator has figured it out and could be the last man standing, Money News,It seems like co-living has truly gained traction in Singapore, even as more expats (the main demographic of co-living spaces) are leaving Singapore. Due to social distancing measures, construction delays and w
Best CareShield Life supplement comparison: Should you upsize your CareShield Life with Aviva, Great Eastern or NTUC Income?, Money News,At the risk of sounding too privileged when I say this, I sometimes face this dilemma when ordering a meal at a fast-food restaurant. My finger will hover over the
He thinks that staying organised is crucial to keep up with the demands of life, Money News,In SBO Quick Word, business owners and professionals share a slice of their industry, business, and life over a quick email interview. In this article, Brien Chua, the founder of HOUZE, believes that staying
7 golden rules of dividend investing , Money News,Getting passive dividend income every month is a dream come true for many, particularly if that income more than offsets one's expenses. It is like achieving the \”Holy Grail\” of dividend investing. All of our talks and dream about it but alas, f
5 types of money marriages, Money News,On Weekend Mornings, Glenn van Zutphen speaks with Andrea Kennedy, Certified Financial Planner to find out 5 types of money marriages she has identified over the years. Glenn van Zutphen: What does money marriage mean to you? Andrea Kennedy: When you're de
Is it worth getting pet insurance for your dog?, Money News,You might or might now be a new pet owner but you're wondering if you should get pet insurance for your dog. You have heard many things about pet insurance: the coverage is not comprehensive enough, the scope of eligibility is extremel
Solidarity Budget 2020 – $600 solidarity payment, 75 per cent co-funding for wages & more, Money News,By now, you should be pretty dang shaken by the social and economic impacts of the Covid-19 pandemic. If not, then you and your circle are very privileged. Many Singaporeans are struggling to make e
5 misconceptions that may be stopping you from refinancing your home loan, Money News,Singapore is a nation that has a high homeownership rate of 87.9 per cent. This means almost every home in Singapore is proudly owned by a Singaporean. But despite the high homeownership rate, there is still a know
Will Clement Canopy, Lake Grande or The Centris be a better choice with a $1.2m budget?, Money News,Dear Stacked team, Firstly, thank you for the great articles on Stacked and have been following your articles weekly. Would like your kind opinion as I have plans for property purchase plans this year
'Now I pay almost $700 less per month': 4 homeowners share how they are dealing with the rising interest rates , Money News,With interest rates now sitting at over four per cent, and the potential for further hikes on the horizon, Singaporeans homeowners are beginning to feel the heat. Fro
Why should I care? A millennial's take on Budget 2020, Money News,Millennials are quickly making up a significant proportion of the adult population in Singapore. While we (I'd like to think I'm a millennial as well, thank you very much) tend to be labelled as spoilt and out-of-touch
Buying a HDB flat at 24: The inspiring story of Lisa and her struggle to provide for her family, Money News,Adulting is never easy, especially when circumstances don't give you much choice. Today's story is a really special one as we'll be touching on a Singaporean's journey and
Stock investment ideas: Singapore-listed companies that are rated as a 'buy', Money News,There are many ways to generate investment ideas. Some might use stock screeners while others get ideas by tapping on the collective wisdom of a community . There are also investors who read analyst re
Denied a personal loan? How to improve your credit score now, Money News,The Credit Bureau Singapore (CBS) and the Moneylenders Credit Bureau (MLCB), collects and manages consumer credit data. They give each Singapore consumer a credit score that indicates how likely you are to default on your debts
Covid-19 vaccine compensation: All you need to know about the Vaccine Injury Financial Assistance Programme, Money News,Vaccination is a crucial tool in the world’s fight against the Covid-19 pandemic. Scientific studies around the world have shown that vaccines have a significant effect in reducing
4 sure signs your budgeting approach needs to change, Money News,Frustrated about seeing your savings plans fall short of your expectations every year? Well, the devil may lie in the details. Successive failed plans are a clear sign that your current budgeting strategy is not in sync with your reali
If you invested $10k in Bitcoin, Tesla or the 'best' Singapore REIT 2 years ago, what would that be today?, Money News,“Passive income” Or in other words, investing in assets and making free money while you sleep. To the new investor, the idea itself might seem ludicrous. But to weathered
OCBC to trim salary credit bonus interest on 360 account from July 1, Money News,Amid a weakened interest rate environment and the challenging macro climate, OCBC will reduce the salary credit bonus interest for customers on the OCBC 360 savings account from July 1. For balances up to $35,000, the s
Retirement planning in Singapore: A starter guide for confused millennials, Money News,When you think “retirement”, do you imagine travelling the world, cruising on your own yacht, and being surrounded by Playboy bunnies/boy toys? Sorry, but retirement in Singapore isn’t quite as cushy as that, unle
Evergrande chief's luxury assets in focus as his company scrambles to pay debts, Money News,HONG KONG – As developer China Evergrande Group scrambles to meet its debt obligations, its founder is freeing up funds from luxury assets including art, calligraphy and two high-end homes, according to
Buffett's Berkshire bets on Big Pharma, invests in 4 drugmakers, Money News,Warren Buffett’s Berkshire Hathaway Inc said on Monday it has begun investing in the stocks of four large drugmakers, betting on an industry that could benefit when the world begins emerging from the coronavirus pandemi
6 new launch condos with discount potential, Money News,Property prices may have been increasing over the past one year. But that doesn’t mean you won’t be able to find a bargain. Among the new launch condos with an approaching ABSD deadline, we’ve narrowed down a few that we think developers may la
I won $573k from Toto and this is what I did with my money, Money News,Patience paid off — to the tune of more than half a million — for a 58-year-old Singaporean man who regularly bets on Toto. The day was Dec 16, 2017. I was on my way to work when I decided to stop by an NTUC outlet at Dawson Plac
The Evergrande crisis: 4 things to know about the Chinese property developer, and whether it'll impact Singapore's property market, Money News,Over the past one week, the spotlight has been on Evergrande, the second-biggest property developer in China. From videos of home buyers and credit
Is 2022 the best or worst time to upgrade from an HDB flat?, Money News,Looking ahead in 2022, one question is likely to stand out: Is it a great time to upgrade, given record high resale flat prices? Or is it, conversely, the worst time to upgrade, given that property prices are high across the boa
Career development in organisations: An essential service for enterprise transformation, Money News,Enterprises are under immense pressure to evolve new business models within a short period of time. Analysing the impact of Covid-19 on global businesses across industries, consultancy firm McKinsey r
Here's what your CPF full retirement sum might look like when you're 55, Money News,In Singapore, we’re trained to think about our long-term future and retirement from the day we start working. This is when we see regular contributions from our monthly wage going into our CPF, namely the S
5 DBSS projects with the most affordable 5-room flats, Money News,Ever since the last record-breaking $1.4 million resale HDB sale in Henderson, the conversation on whether HDB prices are getting out of hand has been all homebuyers can talk about. For some, it’s hard to accept that HDB prices can co
Welcome to the million-dollar club: 4-room flat in Tiong Bahru sold for $1.158m, Money News,Yet another HDB flat has crossed the $1 million mark. This time, it's in Tiong Bahru. A 936 sq ft four-room flat at 10B Boon Tiong Road was sold for a whopping $1.158 million in June, according to proper
We make $220k per year and our executive condo just reached MOP – is it the right time to sell now to move? , Money News,I'm kinda stuck in dilemma right now, whether I should sell my EC (Brownstone) which just attained the Minimum Occupancy Period (MOP) or stay with it until the market stabili
Temasek writes down $377m investment in FTX, Money News,SINGAPORE – Singapore state investor Temasek Holdings said it would write down the value of its entire investment of $275 million (S$377 million) in collapsed crypto currency exchange FTX, in the latest move by FTX's investors. \”In view of
Financial Times picks first female editor Khalaf as Barber signs off, Money News,LONDON (Reuters) – Roula Khalaf will become the first woman to edit the Financial Times in its 131-year history after Lionel Barber, Britain's most senior financial journalist, said he would step down. Barber said
November 2022 HDB BTO review: Tengah, Money News,Singapore's newest HDB town and former military restricted area, Tengah, is set to launch 2,070 flats across two Build-to-Order (BTO) projects along Tengah Garden Avenue in the Plantation District, making up around 21.7 per cent of the total unit
A guide to SIA shares and dividends, Money News,Singapore Airlines (SIA) is not merely our national airline, it is Singapore’s pride and joy. An icon that flies our flag high (literally), proving to the world that even a tiny country like ours can be a global leader. But alas, Covid-19 has laid our
US Fed jacks up interest rates again, hints at smaller increases ahead, Money News,WASHINGTON – The Federal Reserve raised interest rates by three-quarters of a percentage point again on Wednesday and said its battle against inflation will require borrowing costs to rise further, yet signalled it ma
Ultimate Robo advisors Singapore guide. Key facts you need to know (2020), Money News,Robo advisors are digital platforms that use algorithms to automate your investment portfolios. The usage of algorithms instead of active human management is the key reason that fees are generally lower than that o
5 important pointers you might have missed from DPM Heng Swee Keat's fortitude budget 2020 speech, Money News,Yesterday, Deputy Prime Minister (DPM) & Finance Minister Heng Swee Keat unveiled the Fortitude Budget , which amounted to 49-pages, including annexes. With the sheer breadth of mea
Great Eastern travel insurance review: Covid-19, promo, premiums, Money News,Great Eastern's travel insurance plans were once upon a time one of the most popular options in the market, but that was way back when everyone wore huge-a** shoulder pads. Now that the field has been disrupted by so m
5 new launch RCR condos with units below $1.5m (2021), Money News,Covid-19 or not, the Singapore private property market has been on a roll. And with the eye-popping prices of new prime region condos, most of us will have to settle for the next best alternative: city fringe or Rest of Central Region
How should you view the HDB PLH model: A Singaporean perspective, Money News,With plans to develop prime areas like the Greater Southern Waterfront (GSW), there is an urgent need to come up with a new modus operandi for public housing to continue ensuring that public housing in Singapore remains aff
An $80k HDB renovation breakdown: How this couple achieved a cosy dark modern theme at home, Money News,It is often said that paint is the most affordable way to make a drastic change to a space. Especially when you convert to a dark mode, the vibe that you create is one of incredible cosiness (with
10 stunning, profitable condo transactions in the past 5 years, Money News,Despite the big losses that we wrote about from those who bought in 2017, the reality is that the majority of people who bought back then would be really happy with their decision. Just look at the tables of losses versus gai
4 important lessons from the Thomson Road building demolition. Yes, it's about en-bloc, Money News,There was a bit of a shocker this week, when the government announced the demolition of 68 to 74 Thomson Road. While this is an old building, it’s also a freehold property; and because of its good
6 tips to maximise your profits when selling your HDB flat , Money News,Despite a few hundred agents and websites explaining how your HDB flat is a great “stepping stone”, upgrading is never as easy as it sounds. You need to make enough from selling your flat that you can cover the CPF refund, as we
6 blue chip stocks trading at 10-year lows, Money News,As the Covid-19 pandemic rages on, stock markets around the world have continued to swoon. Singapore has not been spared. A virtual lock-down has been imposed here, with bars, cinemas and tuition centres ordered to shut to curb the spread of the
Treasure at Tampines review: Affordable pricing at the expense of privacy, Money News,Our Verdict: Treasure at Tampines 75 per cent Unit Efficiency 4/5 Development Facilities 3/5 Surrounding Amenities 4/5 Developer 3.5/5 Transport Links 4/5 Price 4/5 Affordable entry price but possible overcrowding
Singapore growth to moderate further next year, global inflation seen easing: MAS, Money News,SINGAPORE – Singapore's economic growth is expected to moderate further next year, tracking a slowdown in its major trading partners, while global inflation is expected to ease in 2023, the head of the
68 new-launch 1-bedroom condos and their worst-case-possible rental yields, Money News,2021 will prove to be an interesting year. In the aftermath of Covid-19, it’s not certain if and when foreign tenants will be returning to Singapore. At the same time, a new surge of HDB upgraders means there are
Renovating your investment property: What you absolutely must know , Money News,For homeowners, renovation is straightforward – do what you like, as long as it’s within budget. Investors, however, need to balance between the bottom line and a unit that’s pleasing to tenants (if they’re landlords). A
Latest fresh poly graduate salary guide for 2022: Here's how much poly graduates are earning, Money News,If you are a polytechnic graduate, potential polytechnic student or know someone in these two categories, listen up. On Jan 13, 2022, the results of the 2021 Polytechnic Graduate Employment
Is Zoom Video Communications overvalued?, Money News,Zoom Video Communications Inc has been on a roll this year. The video conferencing software provider has been one of the main benefactors of the Covid-19 pandemic. In the quarter ended 30 April, 2020, Zoom’s revenue increased by a mind-boggling 16
7 easy hacks to save on rental rates in 2022, Money News,As we mentioned in a previous article, rental rates are at a six-year high, and are still likely to increase. 2022 is proving kind to landlords, but not so much to tenants. In this environment, tenants need to do everything they can to lock in
City View @ Boon Keng DBSS review: Million-dollar city fringe living with great views and convenience , Money News,Project: City View @ Boon Keng HDB town: Kallang/Whampoa Address: 7–9 Boon Keng Road Developer: Hoi Hup Sunway Development Lease start date: January 2011 No. of units: 714 City View @ B
3 reasons to like Elite Commercial REIT's maiden acquisition, Money News,Few REITs have been fortunate enough to escape unscathed from the Covid-19 pandemic. There are even fewer that have been able to thrive this year. Elite Commercial REIT (“Elite”) is one of the fortunate ones. The REIT’s po
The real cost of food delivery in Singapore, Money News,How much more are you really paying when you order from foodpanda, GrabFood or Deliveroo? If online food delivery was a convenience before, the Covid-19 pandemic has surely turned it into an essential service. Online food delivery became the ma
Southeast Asia internet economy to hit $1.35 trillion by 2030, report says, Money News,SINGAPORE – Southeast Asia's internet economy is forecast to reach US$1 trillion (S$1.35 trillion) by 2030, as tens of millions more people take up online shopping and embrace food delivery, an industry repor
Cancelling your BTO over the ridiculous wait? Here's all you need to know, Money News,If you’ve had enough of the huge delays caused by Covid-19 in the construction of your upcoming Build-To-Order (BTO) flat, you can now cancel it without incurring any penalties. To all the newlyweds who’ve bee
Touring Opera Estate: The remaining affordable freehold landed enclave, Money News,It’s been quite a journey touring all the 5 estates on the “cheapest freehold landed estates in Singapore” list. For those who are new, here’s a list that I’ve visited thus far: To cap it off, Opera Estate is a huge e
Personal loan promotions in Singapore 2021, Money News,Different banks have different names for it but the personal instalment loan is one of the most common loans you can find on the market. The principle is the same: you borrow a specific sum, pay a one-time processing fee (which is sometimes waiv
Credit card housekeeping: 3 reasons to cancel unused credit cards, Money News,If you’ve been religiously playing the miles game, you may have accumulated quite the collection of credit cards along the way. Whether you got them because of the sign-up bonus, the sign-up gift or simply because you like
Fortune favours the bold: 10 SMEs that rose above the Covid pandemic, Money News,Even as Covid-19 continues to batter Singapore’s economy, some homegrown companies have bloomed in the adversity. Ten towkays talk about how their firms navigated the crisis with a combination of luck, persistence and f
A guide to meme coins and whether they are worth the risk, Money News,Meme coins are all the rage now, especially among younger investors. Find out whether these humorous cryptocurrencies are a serious investment or if they are just a bad joke. Everyone loves a good meme, no matter your age or natio
Can the zero-waste movement save you money?, Money News,Sometimes it can be expensive to be environmentally conscious. However, the zero-waste movement can actually save consumers money. In this article, we examine a few ways shoppers can reduce their environmental footprint without breaking the ban
Here's how to earn that extra money by lending your Singapore shares, Money News,As investors of stocks, we make money through capital gains and dividends . However, did you know there’s another way to get some side income through the Singapore shares we hold under our CDP accounts? Enter the S
Shophouse versus bungalows: Which are better investments?, Money News,If you’ve explored the more hipster-ised parts of Singapore, or happen to live near historic areas, you may have noticed flashier shophouses. From boutique hotels to serviced apartments to restaurants, shophouses are starting to m
Singapore Green Plan 2030: 7 money-saving initiatives to adopt today , Money News,Singapore’s Green Plan 2030 is a “national sustainability movement” which aims to turn us into a more eco-friendly country over the next decade. It includes things like the planting of trees, making the public sector g
How to buy US stocks in Singapore (2020): 3 best investment brokerages, Money News,What with 11.11 and Black Friday, November is truly the month of sales. But you know which one I’m most looking forward to? The potential storewide sale on US stocks right after the US presidential election, on Nov 3.
Should you pay your HDB downpayment with cash or CPF?, Money News,Let’s just say that if you’re able to mull over your downpayment options, you are in a privileged financial position indeed. Will your cash be put to good use? Here we’ll take a deeper look. In Singapore, nothing is more divisive than
Stop focusing on investment returns: Here's what you should focus on first instead, Money News,Most of us would know that the stock market took a huge dip in March last year. Those who managed to dip their toes into the stock market back then would most likely be sitting on pretty decent gains
7 Telegram channels Singaporeans should be following for the latest in personal finance and investing, Money News,As a rising alternative to WhatsApp, Telegram boasts enhancements such as unlimited server storage, convenience, privacy (where phone numbers cannot be tracked in a group) and capability
Is Frasers Hospitality Trust considered a steal at its share price of $0.49?, Money News,Frasers Hospitality Trust is the first global hotel and serviced residence trust to be listed on the Singapore stock exchange in 2014. At the time of writing, Frasers Hospitality Trust’s share price (technically
This volunteer mentors FDWs on how to manage their finances, Money News,Ever thought of volunteering but unsure of how to start? For Clare Tong, it was a simple Internet search that allowed her to cultivate this passion. \”Since secondary school, I've participated in Community Involvement Projec
3 rock-solid blue-chips yielding more than your CPF Ordinary Account, Money News,It’s natural for investors to seek safety during a crisis. Blue-chip companies are one such source as they comprise companies that are large, well-capitalised and have a track record of weathering multiple crises. But n
Where do these $1m HDB flats keep coming from? , Money News,It is quite crazy if you were to think about it. The very first HDB flat to hit this magical million dollar mark was an executive apartment at Block 149 Mei Ling Street in Queenstown. This unit was sold for $1 million in 2012. Now in Oct 20
Best mobile phone insurance: Coverage & cheapest plans (2021), Money News,I’ve always considered myself to be a careful person and I take good care of my belongings. That is until I accidentally dropped my Smartphone in a huge bowl of miso soup recently. It all happened so quickly I was petrified —
Markets remain turbulent as the world fights a pandemic, Money News,In the wake of the Covid-19 pandemic, we're seeing high volatility as the markets react to rapidly unfolding global events. On Friday, March 13, US President Trump declared a national emergency causing the S&P 500 to lose 1
How Samsung's ownership may change as heirs take over from late Chairman Lee, Money News,South Korea’s powerful Lee family faces a battle to maintain control of Samsung Group, the country’s biggest conglomerate, following the death of patriarch and group Chairman Lee Kun-hee. From the astronomi
6 lesser-known townhouses in north of Singapore for more space, Money News,Townhouses are a rare breed of having a landed home feel (and space), without having to compromise on facilities and security. If you’ve been following this series, I’ve recently covered townhouses in the West and East of Sin
Why your credit score is holding you back & how to fix it, Money News,Your credit score may seem like a distant and abstract number that doesn't affect you very often. In fact, credit scores have a significant impact on your lifestyle. Your home, your vacations, even your dating life can be neg
CPF contributions got limit? What Singaporeans need to know about yearly CPF contribution caps , Money News,“Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty,\” said Theodore Roosevelt. This is the quote I think of when it comes to understanding our Central
SORA, not SIBOR, could be the new norm for housing loans in Singapore, Money News,SIBOR has a new competitor: SORA. Here’s what home buyers need to know about SORA. If you haven’t already heard, the Monetary Authority of Singapore (MAS) has recently introduced a new benchmark interest rate known as
5 digital currencies you can invest in besides bitcoin (And their performance in 2020), Money News,After Bitcoin’s dizzying rise to a record US$40,000 (S$53,000) in January 2021, digital currencies or cryptocurrencies are starting to capture public attention. From around US$7,000 at January 2020, Bi
Infant care vs babysitter vs nanny: A guide to the costs of different childcare options in Singapore, Money News,Before my child was even born, my husband and I were researching on every childcare option there was and visiting them one by one. This was because I was deadly terrified of not having a
Crypto-loving South Koreans bet on Luna rising from ashes, worrying regulator, Money News,SEOUL — Reckoning they have little to lose with prices so ridiculously low, South Korean speculators in recent days have piled into Luna, a cryptocurrency that lost 99.99 per cent of its value last week after i
Singapore is only gateway city in Asia Pacific with 'relatively affordable' housing: Report, Money News,Singapore is the only gateway city in the Asia-Pacific region where housing is deemed relatively affordable and attainable, a new report has found. This is when compared to the most popu
How to avoid confirmation bias in investing, Money News,Psychological biases are the human tendency for us to make decisions in an illogical way. The concept was introduced by psychologists Daniel Kahneman, Paul Slovic, and Amos Tversky in the early 1970s. Kahneman later won a Nobel Prize for his wo
NoonTalk debuts on Singapore Exchange at 22.5 cents, above IPO price, Money News,MEDIA entertainment company NoonTalk has debuted on the Singapore Exchange (SGX) Catalist board at $0.225, 2.3 per cent above its initial public offering (IPO) price of $0.22. This gives the stock a market capitalisatio
New cooling measures announced: An attempt to cool the hot property market and how it may affect you, Money News,The Singapore government has announced new cooling measures, in a response to rising interest rates and record-high home prices. Some of these, such as a higher floor rate for measuring d
Is your new launch near a popular primary school now? 122 new projects updated with the new home-school distance changes, Money News,One of the biggest concerns among home buyers is school proximity. Even if you don’t have children yourself, it’s well known that schools are part of the “secret sauce
Porsche overtakes Volkswagen as Europe's most valuable carmaker, Money News,BERLIN — Porsche took pole position as Europe's most valuable automaker on Thursday (Oct 6), overtaking former parent Volkswagen as the price of the sportscar maker's newly-listed shares sped higher. Although
'Investing gave me the confidence to leave my corporate job', Money News,Sin Ting, 33 is the Chief Client Officer at Endowus, a a Singapore-based financial technology company that allows you to invest your CPF, Supplementary Retirement Scheme (SRS) money, and cash savings. Like many others
5 life lessons with Joffrey Thin-Gris of The Aviary Hotel, Siem Reap , Money News,While we might not be going anywhere at the moment, we can still dream. Here is some life advice from one of Siam Reap's finest hotel's General Manager. The saying \”I'm happy if you're happy\” cannot
7 growth sectors to consider investing in for 2021 and beyond, Money News,As cliche as it may sound, time really flies… We are already in December and just a few weeks away from 2021. If you are looking to do a Michael Steinhardt by resetting your portfolio or simply wish to invest in new companies
Estimated price ranges for the flats in the November 2021 BTO launch, Money News,Now that we’re in November, we’re in the BTO season again. This time, we’ll be seeing an estimated 4,480 units being launched across eight projects in Choa Chu Kang, Hougang, Jurong West, Kallang/Whampoa, Rochor and Ten
Singapore digital bank licenses: Who are the contenders?, Money News,The Monetary Authority of Singapore (MAS) is putting five digital-banking licenses up for grabs, and the race to obtain these licenses are heating up. Two of the digital-banking licenses will be full licenses, while the other three
6 spacious townhouses in central Singapore that are ideal for families, Money News,For many people in Singapore, living in central Singapore is a dream. But as if Singapore isn’t already small enough, its central areas, are even smaller and the housing prices in this area, unfortunately, reflect tha
Singapore Press Holdings’ share price drops below $1: 5 things you should know about its full-year 2020 earnings, Money News,Singapore Press Holdings Limited or SPH, has just released its fiscal full-year 2020 (FY 2020) earnings report. It wasn’t a pretty picture. Although total revenue inched down
Ki Residences review: Unblocked views, privacy, but you need a car (for now), Money News,Stacked rating: 74 per cent Unit Efficiency 4/5 Unit Size 3.5/5 Quality of Fittings 4/5 Design 4/5 Variety of Facilities 4.5/5 Quality of Facilities 4/5 Surrounding Amenities 3/5 Developer 4/5 Transport Links 2.
12 best cashback credit cards in Singapore (2023), Money News,Collecting air miles for your jet setting lifestyle admittedly sounds sexier than trying to scrounge for cash rebates. But if you're still one of those people who believe that cash is king, getting card benefits in cold, hard cash is
Is Singapore going through a recession? Wait, what's a recession?, Money News,Recently, there’s been much talk about an impending recession in the news. The crypto market has crashed. The stock market in a close second. Recession is an alarming word. With all these articles swirling around, it’
Touring Windsor Park Estate: Freehold landed living close to crazy rich Asians, nature and amenities, Money News,Windsor Park Estate made the news in 2020 when 2 Good Class Bungalows (GCB) in the estate were sold for over $20 million during the circuit breaker. In fact, one sold for $21.68 million f
Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdown, Money News,SHANGHAI – Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, after Beijing last Friday (Sept 24) issued a blanket ban on all cry
7 penthouse units at $1.5m or under in 2020/21 for more spacious living, Money News,Waking up with a penthouse view is on many a bucket list; or just having a living room you could play tennis in. Unfortunately, most Singaporeans are priced out of these high-end properties. But as we’re fond of poin
Multi-generation HDB resale flat in Yishun sold for a record $1.063m, Money News,A 1,765-sqft multi-generation HDB resale flat at 666 Yishun Avenue 4, completed in Dec 1987, has just been sold for $1.063 million ($601 psf), setting two Singapore all-time-high records: The first-ever million-dollar m
Who are the winners and losers every time central bank rates go up or down?, Money News,The central bank is an integral part of the financial and economic system of a country. It plays an important role in ensuring the stability of the financial system by fulfilling certain roles, such as issuing mo
Money talks: The digital media specialist who is aiming to save $80,000 by next year, Money News,We speak to a 30-year old Digital Media Specialist who currently has $60,000 in savings and is hoping to reach $80,000 by 2021. Occupation: Digital Media Specialist Industry: Mass Media Age: 30 Education
Retirement planning: What happens when we live to 100?, Money News,According to a survey , more than 85 per cent of the 800 respondents have severely underestimated their retirement needs – with funds that would at most only last them till they’re 78 years old. For reference, the average life expect
Meyer Park up for fifth collective sale at $420 million, Money News,Freehold condo Meyer Park is up for its fifth collective sale at a guide price of $420 million. The development sits on a site area of around 96,670 sqft (8,981 sqm) with a gross plot ratio of 2.8. This translates to an achievable g
The real cost of returning to office, Money News,The convenience and absolute joy of getting out of bed at 8:50am to attend 9am Zoom meetings at your dining table, dressed in an office shirt and sport shorts, is sadly coming to an end. In a recent announcement made by Lawrence Wong, co-chair of the
Investing in Exchange Traded Funds (ETFs): A newbie's guide to getting started, Money News,Exchange Traded Funds (ETFs) have become a popular investment vehicle amongst both new and seasoned investors. Find out what they are, the types available and how you can get started. The ETF market is bo
Financial planning tips for newly married couples in Singapore, Money News,When you say, “I do,” you’re saying yes to a lifetime of commitment in sickness and health and also for richer or poorer. Managing money as a married couple differs from when you were single. When you’re single, all you had t
Crypto coin riding Squid Game high craters after dizzying rally, Money News,A cryptocurrency named after the wildly popular Netflix drama Squid Game crashed to almost zero value on Tuesday (Nov 2) after a dizzying rally pushed it to almost $2,800 (S$3,778) last week. The so-called squid token's
Singapore expected to tighten monetary policy as price pressures persist, Money News,Singapore is likely to tighten monetary policy this month, the fifth time in a row, amid persistent inflation in the Asian financial hub due to global supply chain disruptions and a tight labour market. All 16 econo
My thoughts on Elite Commercial REIT, Money News,Elite Commercial REIT is the first REIT listing in Singapore in 2020. I know this article is a little late as the REIT is currently already trading. However, if you are still considering buying units in the open market, here are some factors to consid
Understanding the economic reasons why nurses are paid less than temporary swabbers and swab assistants, Money News,About two weeks ago, a particular job ad by the Health Promotion Board (together with NTUC’s e2i) and went viral, but perhaps not in the way the posters intended. The ad was for Swabbe
Will my condominium en bloc? 7 commonly overlooked reasons why it may fail, Money News,An en-bloc sale is an ideal, windfall scenario for many property investors. But while it’s happened for numerous people, buyers of old properties need to be cautious – when all things considered, there’s often mor
How to prepare financially for life's unexpected challenges, Money News,Whether it's a small mishap, such as a fender bender or a big life event, such as a medical diagnosis, you'll likely encounter an unexpected challenge at some point in your life. Not only do these curveballs take
Facebook metaverse properties: A beginner's guide to buying virtual real estate, Money News,Been slaving way to buy your first property? Well, here’s news for you — we might soon have to worry about buying virtual real estate, too. Mandopop singer JJ Lin recently spent $120,000 on digital prope
Yahoo appoints Hollywood actress Jessica Alba to board, Money News,Yahoo on Monday (June 13) named six people from the tech, media and financial industries to its board, including Hollywood actress Jessica Alba, as the company aims to diversify its offerings to compete with bigger players. Yahoo, wh
A $13k condo renovation breakdown: How this creative homeowner self-designed and decorated their 732 sq ft home, Money News,Renovating a relatively small space can be quite challenging. You have to be creative with your design choices in order to really make the most of the space. The approaches var
What are fixed income investments, and how they fit into your portfolio, Money News,For investors who want to take on less risk with more modest returns, fixed income investments (also known as bonds) could be what you’re looking for. Here’s how they fit into your portfolio. In today’s world of meme
Can Autodesk climb further after its 44 per cent jump in 2019?, Money News,Autodesk shares climbed 44 per cent in 2019. Its shift to a subscription model has reaped rewards but are its shares too expensive to buy now? Software-as-a-service (SaaS) is fast-becoming the go-to business model for softwar
Tony Fernandes resigns as acting group CEO of AirAsia X, Money News,KUALA LUMPUR – AirAsia’s Tan Sri Tony Fernandes has stepped down from his role as acting group chief executive of AirAsia X (AAX) with immediate effect, saying that he wants to focus on other commitments, according to the company’s
3 famous stock frauds you may have never heard of… and key lessons for investors, Money News,The Enron scandal has become the face of financial fraud in the world, surpassing all of history’s accounting fraud cases in terms of corporate malfeasance and auditing failures. Enron’s malice, together wit
6 things I'm certain will happen in the financial markets in 2021, Money News,There are so many things that can happen, but here are six things that I’m certain will happen in the financial markets in 2021. In December 2019, I published 6 Things I’m Certain Will Happen In The Financial Markets
Furniture, renovation and stamp duties: Things to include in your budget for your first home, Money News,We have finally gotten to the last part of our three-part article. In our first article, we went through the different ways to pay for the house, and in our second part of the article series, we
HP to cut up to 6,000 jobs over next 3 years, Money News,HP Inc said on Tuesday (Nov 22) it expects to cut up to 6,000 jobs by the end of fiscal 2025, or about 12 per cent of its global workforce, at a time when sales of personal computers and laptops are sliding as shoppers tighten budgets. The PC
Every major (and minor) U.S. stock market crash since 1950, Money News,The US market was in freefall over the past week as news reported that the spread of the coronavirus had finally contacted the West. The epidemic has now reached the US, Canada, and Europe. Outside of China and South Korea, Italy
8 investment books to read to change your financial life, Money News,Here are eight books to read if you’re looking to up your investment game. There’s a certain image associated with being an investor – flashy cars, slick hair, thousand-dollar suits, nightly steak dinners – you know, the classic do
August 2021 BTO launch: Ultimate guide to choosing the best unit, Money News,It’s that time of the year again – the mad rush to select your BTO unit. This time, it’s the much anticipated August 2021 BTO launch, with 4,989 units across five estates on offer. These are spread across seven projects in
Is the new PLH model fair? Here's the collated response from 175 people, Money News,The PLH model is one of the biggest changes we’ve seen to the housing market, since the first cooling measures. When news of the new model came out, we ran a poll on whether or not our followers felt certain pol
A first-time homebuyer's journey: My search for waterfront views with review of Waterfront Isle, Money News,With all the time we’re spending at home thanks to Covid-19, I had briefly entertained the idea of moving to Sentosa when prices fell below the Singapore mainland. Gorgeous views, low-den
DBS Black Visa Card review: Is it an ideal card for shopaholics?, Money News,Your parents might think it's bad luck to wear black. But that sure hasn't hurt DBS Black Visa Card's popularity. The card itself looks pretty sleek and is marketed as ideal for shopaholics, letting you earn
November 2022 HDB BTO review: Queenstown, Money News,Approximately 3,250 flats will be launched across three projects in Queenstown for the November 2022 HDB BTO launch. The new flats in the estate comprise around one-third of the total number of flats to be launched. It also includes the highly ant
Grocery shopping hacks to help you save money amid inflation and rising GST, Money News,I remember when I was young, and my parents took me out grocery shopping at a nearby FairPrice. Back in those days, I needed help to lift a 10kg bag of rice. Nowadays, my parents are the ones who need help with l
High cost of living: 8 things that will get more expensive in 2022, Money News,Just when you thought life couldn’t get any worse, the government drops some very ominous hints that they’re going to raise the GST very soon. In the lead up to Budget 2022, which will be delivered on Feb 18, the GST hike
Debunking 'high risk, high return', Money News,Is 6 per cent annual returns high or low? It depends! How much risk was taken to deliver that 6 per cent in returns? If you're comparing returns of different investment products, you should be looking at how much risk it took to achieve t
What are Singapore treasury bills and are they a good investment?, Money News,We all know by now that it's not the best idea to leave our excess cash in a bank savings account. After all, with some savings accounts giving as low as 0.05 per cent per annum interest, the meagre returns are insuff
5 best cashback cards in Singapore for recurring bill payments (2021), Money News,Eat, sleep, work, pay bills, repeat — that’s pretty much life in Singapore. But did you know you can pay many telco, medical and utilities bills by credit card and earn some cashback on them? That allows you to take ad
The Wuhan virus threat: Why you should not abandon the stock market, Money News,The Straits Times Index hit 3,281 points two weeks ago. Since then, it has been downhill for Singapore's market barometer, falling 4 per cent over the period. From its 52-week peak, the STI has tumbled close to 8 pe
Will the stock market crash again with a second wave of Covid-19 outbreaks?, Money News,As countries are opening up after months of Covid-19 lockdown, cases of infection started to rise again. As of 22 July 2020, there are 15 million cases as compared to 7.5 million one month ago. This wave of infec
Hougang Capeview review: Great unblocked river views + amenities, Money News,Project: Hougang Capeview HDB Town Hougang Address: 476A-C, 477A-C Upper Serangoon View Lease Start Date: March 2016 No. of Units: 781 Hougang Capeview was launched in the November 2011 BTO exercise. Back then, some people
Ark Invest: How to choose & buy Ark ETFs in Singapore, Money News,Ark ETFs (exchange traded funds) have been gaining lots of interest globally, especially since 2020 and going into 2021. Given the state of the global economy right now, any investment vehicle that’s not likely to tank is worthy of in
6 possible Cross Island Line MRT stations and condominiums that might benefit, Money News,The Cross Island Line (CRL), once completed, will span a whopping 58 kilometres. It’s a huge boon to the Singapore private property market, as some condos that are currently inaccessible will now have MRT acces
'Free money' for banks as investors pile into fractured gold market, Money News,LONDON – Banks are making huge profits from gold as investors flood into a market fractured by the coronavirus crisis. The world’s largest 50 investment banks are on track to double their income from precious m
Wealth tax: How it could affect Singapore’s property market, Money News,There has been growing debate in different societal circles, including within the government, about the pros and cons of a wealth tax in Singapore. This isn’t unique to us, of course. In other countries such as the US, the UK, a
HSBC Advance Credit Card review: Is this one of the better cashback cards in Singapore?, Money News,The HSBC Advance Credit Card doles out up to 3.5 per cent cashback on everything, which is a real godsend for people who simply can’t keep track of seven different credit cards for different purposes.
Full list of where to spend your NS55 credit vouchers, Money News,From July 2022 onwards, national servicemen will be eligible to claim $100 in vouchers to celebrate NS55. But where are the best places to use them in SG? Who is eligible for the NS55 voucher? Serving National Service (NS) is often on
What you need to know about banks raising fixed home loan rates above 4%, Money News,SINGAPORE – Home loan rates have shot past the 4 per cent mark after DBS Bank, OCBC Bank and UOB raised their fixed-rate packages on Tuesday (Nov 15). Of the three local banks, UOB now has the highest rates, with it
Fire movement: How to retire early without financial worries, Money News,The financial independence, retire early (Fire) movement is a movement whereby people try to work hard, invest and live frugally. All this is done in hopes of having a happy early retirement without any financial woes. This com
BTS fever and Big Hit Entertainment: Does K-pop band BTS beat other global musicians?, Money News,Korean pop music (K-pop) has become one of the biggest global phenomena and has allowed South Korean culture to become a major driver of global culture. BTS, the most popular K-pop band in the world at
Here's why the resale levy shouldn't be waived or reduced, Money News,Recently, the issue of resale levy was thrown into the spotlight. Earlier in May, TODAY had published an opinion letter by a reader urging the HDB to relook at the resale levy. He explained that he has been living in his
2021 ultimate new launch cheat sheet: 116 condominiums take-up rate and breakeven, Money News,When we did our last ultimate new launch cheat sheet in February 2020 (view here), I don’t think many people would have predicted then how the property market would have moved as much as it had in the past
In-principle approval for loans: What's the difference with actual approvals?, Money News,In-principle approval doesn’t guarantee an approved application. In-principle approval — a conditional approval — gives consumers a better sense of their application’s eventual outcome without having to pu
5 best unlimited cashback credit cards in Singapore (2022), Money News,Many cashback credit cards are like those fast food ads featuring massive burgers oozing with juice. You buy one, only to discover that the real product looked more like a deflated balloon. They can promise a super generous 15 pe
Should you convert your term life insurance to whole life insurance?, Money News,From straightforward coverage to affordable premiums, term life insurance is an easy option for many Singaporeans in need of life insurance. However, there may come a time when you want to consider investing in a whole
SGX is abolishing quarterly reporting: The good, the bad and the unknown, Money News,On 9 Jan, Singapore Exchange Limited, or SGX, made a huge announcement – quarterly reporting for listed companies would now be abolished and will no longer be a requirement for listed companies unless they are assoc
HDB November 2021 BTO in-depth review: Jurong West, Money News,Update as of Nov 17, 2021: This article has been updated with information released during the November 2021 BTO launch. HDB will offer 4,501 flats across nine projects in two mature and four non-mature estates in the November 2021 BTO sa
Is it necessary to buy travel insurance?, Money News,Travel insurance sounds like something meant to fleece kiasi people of their hard-earned cash. Many of us pay for travel insurance before we get on that plane. But why don't we buy travel insurance when we go to JB or Malaysia for a massage?
Can't stand your job but can't seem to quit? Here are a few tips for you, Money News,Everyone has days when you just feel you are going through the motions at work and you don't feel motivated to do your best. However, it could be a cause for concern if you keep feeling bored and rest
FTX's Bankman-Fried, Tom Brady and other celebrity promoters sued by crypto investors, Money News,US crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including NFL quarterback Tom Brady and comedian Larry David, claiming they engaged in decep
6 ways to reduce your monthly expenses… Without compromising on your lifestyle, Money News,While I was thinking up ideas for this article on how to save money, I realised that there were already a lot of tips out there on the Internet to help you save on your monthly expenses, but almost all of th
Li Chun 2021: Best savings accounts for kids to deposit ang bao money, Money News,Good fortune — and good ol’ money parenting — awaits us as Li Chun inches closer! To prepare for the big day, we’ve gathered savings accounts that’ll give your kids the best headstart on their finances. It’s (almost) t
How much will retiring in Malaysia cost?, Money News,My parents have often talked about retirement in Malaysia. Think living in a landed property, eating good food that's close to home, cycling and exploring nature as you enjoy the good life… And they aren't wrong with Malaysia being the t
8 freehold waterfront condos in District 12 (Balestier/Toa Payoh) that won't break the bank, Money News,If you’ve been following my series on affordable waterfront housing (which so far has spanned from HDBs to condos and cluster houses), you might have noticed that the vast majority of waterfr
Are stocks cheap enough to buy now?, Money News,Markets have also been swooning since the week before (Feb 24 – 28), with the USA experiencing its worst week since the Global Financial Crisis when the Dow Jones Industrial Average crashed 12.4 per cent. Our local Straits Times Index fared just slight
How billionaire Jack Ma fell to earth and took Ant's mega IPO with him, Money News,SINGAPORE/HONG KONG/BEIJING – They say talk is cheap. Tell that to Jack Ma. Corporate China’s shiniest star was just days away from seeing his Ant Group list on the stock market in a record $37 billion (S$50 bill
My journey as a single home buyer in Singapore: Why I bought my 3-room HDB flat and spent $29k to renovate it, Money News,We all know what it’s like for singles to buy a home in Singapore. Other than the prohibitive, and quite frankly, arbitrary minimum to be 35 years of age, the other problem is th
Alibaba mum on Singles Day sales tally, says in line with 2021, Money News,SHANGHAI – Alibaba Group opted not to disclose the final sales tally of its annual Singles Day shopping festival for the first time since it started the event in 2009, saying only that results were in line with last year. Las
3 undervalued companies with company buyback activities in October, Money News,For a start, undervalued companies are deemed to be trading in the open market at a price presumed to be below the companies' true intrinsic value. Moreover, an undervalued stock is also believed to be priced too low
3 implications the Ang Mo Kio Sers has on future Sers, Money News,For a long time, to have your flat Sers-ed is like getting a windfall, akin to striking Toto or 4D. Through the scheme, the government acquires HDB flats from owners for redevelopment. In return, these owners are compensated and get a
Unpaid mortgage loan: The case between Maybank and the estate of a deceased woman, Money News,What happens when someone takes up a housing loan, passes away without a will, and the deceased’s next of kin chooses not to carry on repaying the mortgage loan? What will the bank do? Well, in June 2022, a
Earn up to $22k per month as a manager at Ikea Singapore, according to job listing, Money News,[UPDATED, Oct 9] Unlike many other businesses which have been hard hit by the coronavirus pandemic, Ikea Singapore is planning to hire 200 people for its upcoming Jurong outlet, reported The Straits Times.
What should you consider before asking your boss for a pay raise?, Money News,Asking for a pay rise can feel like an awkward thing to navigate. Even more so, as employers have shown wage restraint in the last two years of disruption and workers have accepted a wage cut or freeze in return for job se
Fancy owning a piece of Singapore's history? Rare plot at Oxley up for sale, Money News,A rare residential property will soon be on the market — a bungalow in one of Singapore's prime districts. The two-storey building at 5 Oxley Rise sits on a plot with a land area of 117,230 sq ft and is
6 potential money wasters to avoid when buying property, Money News,Property is one of those purchases where “small extra costs” do matter. Even a few extra square feet can run up to thousands of dollars, so the Singapore property market rewards the detail-oriented. However, most new buyers only kno
Can these 2 blue-chip companies successfully turnaround?, Money News,The economic toll arising from the Covid-19 pandemic has been nothing short of staggering. Even blue-chip companies have not been spared this carnage. While the local banks have been the more obvious businesses to suffer due to a w
Digital nomad remote working: How much it costs to work from another country (2022), Money News,The pandemic has magically transformed hordes of people into digital nomads. Some companies have even downsized offices in order to save on rent and told employees to work remotely on a permanent basis. I
Gojek denies report on merger talks with Grab, Money News,SINGAPORE – Indonesian super-app player Gojek is refuting a report that it is holding talks on a potential merger with Grab, a spokesman told The Business Times on Tuesday (Feb 25). Earlier in the day, The Information reported that the two de
Are luxury or mass-market condos better investments in Singapore?, Money News,Are luxury or mass-market condos better investments in Singapore? There are two conflicting theories we often hear in the Singapore private property market. The first is that luxury condos, such as those in prime areas, ar
Can you still afford a mature-estate HDB flat in 2020?, Money News,It’s BTO launch time, and once again your eyes are being drawn to places like Bidadari and Bishan. But a part of you may be thinking: this is all a fantasy right? Even if the balloting works out, the flats there look way out of budge
11 biggest land size freehold condominiums in Singapore for more spacious living (500,000 sq ft and up), Money News,Whether you’re upgrading or getting your first home, 2021 is a tough year. Prices are high, and it can be hard to find a three or four-bedder within your budget. At the risk of soundin
Electric car insurance Singapore: 5 things Tesla & other EV owners need to know, Money News,Driving a car in Singapore can be quite a chore because of the island’s many traffic lights 一 for a country this small, there are over 2000 traffic lights scattered throughout. This sort of start-stop driving
Should I buy a centrally located DBSS or a condominium in Pasir Ris? , Money News,Hello there Stacked Homes, Good day to you. Our 4 room BTO just MOPed after 5 years. Just want to hear your opinion on the next home for us. Will you recommend us getting a DBSS like Natura Loft or getting a condo in P
OCBC 90°N Card review: Is this one of the better air miles credit cards?, Money News,For the longest time, OCBC simply did not have a decent air miles credit card in their lineup. Sure, there's the OCBC Voyage Visa Infinite, but that's for those with super-high incomes ($120,000 to be exac
No Claims Discount (NCD) Protector: Should you buy yourself this car insurance rider?, Money News,A No Claims Discount Protector can help you preserve years of careful driving, allowing you to continue saving up to several hundred dollars a year. Auto insurance is mandatory, and it can be pretty exp
5 factors to negotiate besides price when buying a resale flat in 2021, Money News,With resale flat prices at an eight-year high, most buyers in 2021 are focused on negotiating the price. While that’s the crux of the purchasing decision, haggling over numbers sometimes draws attention from other thi
Another world? Virtual assets insulated from cooling risk appetite, for now, Money News,LONDON – Global markets have had a rocky start to the year as the prospects of tighter monetary policy prompted investors to ditch risky assets – but the fast-growing world of \”metaverse\” investing has been runni
4 easy ways to spot bad neighbours before buying an HDB unit, Money News,Picture this: You just moved into your new HDB apartment. It's everything you were looking for in a new home. You congratulate yourself on a good buy when suddenly, you hear dogs barking next door and loud banging noises u
3 shares that will benefit when phase 3 kicks in, Money News,The fight with the Covid-19 virus rages on around the world. The good news is that, here in Singapore, the number of cases has been falling drastically to single-digit levels. On some days, the government has even reported zero community c
Woodlands and Pasir Ris see first million-dollar resale flats, Money News,SINGAPORE – Prices for Housing Board resale flats edged up for the 23rd consecutive month in May even as fewer units changed hands, suggesting that demand is continuing to outstrip supply, according to flash data from real est
The property unicorn: 5 duplex apartments with lift access to both floors, Money News,Many people like the idea of a duplex apartment (just like an HDB Maisonette). You often get separate living spaces so it’s more private, and sometimes you might even get a high ceiling in the living/dining area –
Do HDB flats on lower floors have poorer resale value?, Money News,With resale Housing & Development Board (HDB) flats continuing their relentless ascend to record prices in nearly a decade, it seems that owners can do no wrong, regardless of which floor their flats are located on. But did you k
10 shocking loss-making condo transactions since 2017, Money News,Conventional wisdom will point at the property market cycle and tell you that 2017 was the best time to buy in the last five years. After all, it was the lowest point in the residential property price index and for most people who bou
We have $400k in cash and stay in a condo while renting out our HDB flat – what options are there to avoid ABSD while upgrading to a larger home?, Money News,Dear Stacked Homes, My wife and I have been reading your articles and find them to be very insightful. So we decided to seek some advice on th
Are 1-bedroom units a good investment?, Money News,It’s probably no surprise to hear that one and two bedroom units in a new launch are always the first to sell out. You don’t even have to look too far for evidence on this either. To give you an example, recent new launches like Midtown Modern (90 p
Premiums? Sum assured? Here are the terms you need to know about life insurance in Singapore, Money News,Insurance terms can be confusing for some of us, especially when we first start buying insurance. Despite many insurance agents and financial advisors throwing in the benefits of what their compa
Investing in property in Singapore: Singapore property tax and buying guide, Money News,For most ordinary Singaporeans who aren’t CEOs, ministers, investment bankers or heart surgeons, there are two main ways to get rich quick — win the lottery, or buy Singapore property and hope its value skyrocket
What do the stars say about your finances in 2020? , Money News,We get that this is a little late post, but aren't you a little curious to know how this year is going to turn out for your finances. We bet you are! So, will you be minting money or is it going to be a tough year financially for y
How much would it take to pay off your flat by 30, 40, 50 or 55?, Money News,For many Singaporeans – heck, for many people across the world – paying off the mortgage early is a common aspiration. We get it too: most of us don’t like the thought of owing money, especially on something as major as our
What is an Initial Public Offering (IPO) and how do you invest in one? , Money News,Every now and then, the Business Times publishes big news about some company's upcoming IPO (Initial Public Offering). This might sound like just another meaningless acronym, but for those who follow the goings-
3 great investing lessons from my favourite Warren Buffett speech, Money News,Warren Buffett is one of my investing heroes. He’s well known for producing incredible long-term returns at Berkshire Hathaway since assuming leadership of the company in 1965. What is less well-known is that he ran his ow
Should I refinance from an HDB loan to a bank loan?, Money News,After almost seven years of consecutive decline, the HDB resale market seems to have turned a corner. They hit a 10-year high as of Q3 2020; and there’s a good chance the momentum will continue. Perhaps you’ve been tempted into a resale
How much of my salary should I invest?, Money News,There are many ways to decide how much of your salary goes to investments. At the end, it all comes down to what your financial goals are. Many Singaporeans want to know how much of their salary should go to investments. There are many approaches to
Southeast Asia's Grab slumps in US debut after record SPAC deal, Money News,SINGAPORE – Shares in Grab, Southeast Asia's biggest ride-hailing and delivery firm, slid more than 20 per cent in their Nasdaq debut on Thursday (Dec 2) following the company's record US$40 billion (S$54.8 bi
Touring Villa Verde: Affordable terrace houses for about $2 million in Choa Chu Kang, Money News,I'd been meaning to check out Villa Verde for some time because well, for a landed house in Singapore, it's \”cheap\” (or shall we say less expensive?) Coincidentally, someone left a comment on m
Ultimate list of 23 HDB jumbo flats: Location, price, size, and are they worth buying, Money News,“Spacious” is probably not what one would think of when describing most housing types in Singapore. Unless you are one of the fortunate ones staying in a landed home, you might have felt a little crampe
12 affordable properties within 1km of top primary schools in Singapore, Money News,Are you really a Singaporean parent if you don’t get caught in the kiasu trap when it comes to enrolling your child into a top primary school? While it’s natural for every parent to want what’s best for their childre
Covid-19: The power of human ingenuity and resilience, Money News,While the world is obsessed over the downsides of the Covid-19 virus, it's good to also take a moment to think about what we, as humans, have achieved in just the last century alone. Medical and technological breakthroughs, upgra
1-room HDB flat in Tiong Bahru for sale at $1.5m, Money News,On the hunt for an HDB flat but fancy a unit with a touch of history? A one-room flat in Singapore's very first public housing estate in Tiong Bahru has been put up for sale this week. At 117sqm, the ground floor unit at Block 64 Tion
Can Singapore telcos ride the 5G wave?, Money News,A new technological wave is emerging in the telecommunications (telco) sector. Its roots originate from the fourth-generation (4G) networks that have all but seeped into every aspect of our lives. Yes, we are talking about next-generation, or 5G net
Cash management accounts with good interest rates and high liquidity in Singapore, Money News,Amidst this low-interest-rate environment, the banks have cut the interest rates for OCBC 360; Standard Chartered JumpStart; DBS Multiplier; and CIMB FastSaver multiple times this year. With bank accounts a
Hong Kong firms scoop up properties from Chinese developers in distress, Money News,HONG KONG – After years of expansion in Hong Kong, cash-strapped Chinese developers are reducing their presence in one of the world's most expensive property markets, allowing firms in the financial hub to scoop
Hitting the SERS jackpot: How this Singaporean timed his HDB flat purchase just right , Money News,To many Singaporeans, the Selective En-bloc Redevelopment Scheme (SERS) is one of the best possible outcomes for their HDB flat. The compensation is generous, your lease is topped up to 99-years again,
August 2022 Ang Mo Kio HDB BTO: What's the estimated price for the 3Gen flats?, Money News,In the upcoming August 2022 BTO launch, we’ll see 3Gen flats being offered in Ang Mo Kio. It’s also the first time in two years that we see these flats being offered through the HDB BTO exercise – the las
Punggol BayView review: Waterfront living with amenities at your doorstep, Money News,Project: Punggol BayView HDB Town Punggol Address: 322A-D, 323A-D, 325A-B Sumang Walk No. of Units: 1,096 Despite Singapore being an island, you don’t get all too many developments that boast waterfront views – whi
Disney is selling its Sandcrawler office in Singapore for $175m , Money News,And it’s not simply any other Sandcrawler. Based on a report by Bloomberg, it appears that the Blackstone Group is interested in purchasing Lucasfilm’s building in Singapore for about US$132 million (S$175 million). At leas
Are REITs really a 'smarter pick' than property?, Money News,With Real Estate Investment Trusts (REITs) in Singapore now looking good value for money after an initial Covid-19 drop in March 2020, investors have started putting money into them again. And they would be encouraged by measures
Dakota Crescent maisonette sold for a record $1.05 million, Money News,Following last week's news about HDB resale maisonettes and a loft unit breaching the million-dollar mark in Bukit Timah, Tampines and Punggol, we have another maisonette reaching that mark. An HDB resale maisonette was rece
Options trading guide: An option for advanced investors to profit, Money News,Options trading can bring impressive short-term profits, but investors should proceed with caution. Here’s what you need to know to decide if options are for you. Once the domain of expert traders, options trading have see
Renting vs owning: 4 headaches of homeownership, Money News,Despite the high initial cost, purchasing a home is a way to build wealth and can be a significant long-term investment. Renters, on the other hand, miss out on building equity in their home. While there are certainly financial advantages t
Could the Keppel Corporation takeover offer by Temasek be in jeopardy?, Money News,On Tuesday, Bloomberg reported that Temasek Holdings may be prepared to walk away from a bid for control of Keppel Corporation Limited. The news comes as Keppel continues to struggle amid a sharp oil and gas downturn
The pros and cons of buying a private property as your first home, Money News,With home prices high across the board, there will be some buyers who are now wondering if 2022 is the right time to commit to a private property. A resale flat can seem to offer more space at a lower cost, but with eligib
2 e-commerce stocks growing faster than Amazon, Money News,Covid-19 has ravaged economies and upended countless lives. For some, it may feel as if we have been forced into an economic time machine that is fast-forwarding trends and behaviours that would have taken many years to play out. One such be
![[UPDATED] Unity Budget 2020 – no GST increase for 2021, up to $1,600 GST vouchers & more, Money News](https://media.asiaone.com/sites/default/files/styles/article_top_image/public/original_images/Apr2020/070420_gst_tbt.jpg?itok=sg7qCTLJ "[UPDATED] Unity Budget 2020 – no GST increase for 2021, up to $1,600 GST vouchers & more, Money News")
[UPDATED] Unity Budget 2020 – no GST increase for 2021, up to $1,600 GST vouchers & more, Money News,Perhaps one of the most anticipated announcements of Budget 2020 was that of the Goods and Services Tax (GST) in Singapore. In Budget 2018, Finance Minister Heng Swee Keat announced plans to increase
Selling your condo before TOP? Here's what you should know about sub-sale and SSD, Money News,Seller’s Stamp Duty was introduced more than a decade ago in 2010 in a bid to curb speculation and disincentivize house flipping in the real estate market. Since then, sub-sales of condos have been ste
Best credit cards for buying groceries: Maybank Family & Friends Card vs Citi Cash Back vs CIMB Visa Signature Card, Money News,Want a cashback credit card that lets you rack up rewards on groceries and more? Take your pick from Maybank Family & Friends Card, Citi Cash Back and CIMB Visa Signatu
5 credit card fees in Singapore you should know about, Money News,Credit card fees are often talked about, yet rarely properly understood. How are these fees affecting your credit card spendings? Read on to find out! Many would consider getting a credit card as a rite of passage to the first steps o
Why these 4-room HDB resale flats near the CRL Phase 2 stations show absolute potential, Money News,Over the past few weeks, there has been a spate of good and bad news. One good news is that the new 6 Cross Island Line Phase 2 MRT stations were announced, so homeowners near those stations will have
'Who will bite?' 5-room HDB flat in Queenstown asking for $6,500 rent , Money News,HDB rents, as we all know, have been climbing up for the last couple of years. And in yet another indication of the sizzling HDB rental market, one optimistic landlord has decided to ask for what seems quite
2 blue-chip companies that slashed their dividends, Money News,Blue-chip companies are generally recognised as being large, stable and consistent. These are companies that have enjoyed many years of growth and amassed an impressive track record. However, blue-chip companies are not immune to economi
Tiger Brokers review: New kid on the block with low commissions, Money News,Tiger Brokers has seen tremendous growth in account openings since joining the big boys in Singapore in 2020. Check out what they’re all about and why they’ve made waves in the investment and trading community. It’s not ever
Are we seeing more Hong Kong residents buying or renting properties in Singapore?, Money News,Even before Covid-19 was declared a pandemic in March 2020, Hong Kong was already in crisis with pro-democracy street protests, curfew rumours and disruptions to commuters due to the controversial extraditi
Waterway Woodcress review: Affordable Waterfront living with inconvenient commutes, Money News,Waterway Woodcress review: Affordable Waterfront living with inconvenient commutes Project: Waterway Woodcress HDB Town Punggol Address: 665A-C, 666A-C, 667A-C Punggol Drive Lease Start Date: February 2016
Living in a shophouse: Figment Alexandra House review, Money News,Did you know that lobsters were once prison food? What we now see as a delectable, decadent treat was actually once termed as the “cockroaches of the sea” because it was just over abundant. And it wasn’t just prison food, it was even
Elon Musk's Tesla races ahead of rising costs with price hikes, Money News,SAN FRANCISCO – Tesla Inc results surged past Wall Street expectations on Wednesday (April 20), as higher prices helped insulate the electric vehicle maker from supply chain chaos and rising costs. The results also shoul
How to get a little richer with the magic of compound interest, Money News,Have time on your side? Hone in on compound interest. Learn how compound interest works and why you should ride on it to grow your wealth. When it comes to the topic on growing wealth, there’s no escaping the fact that compou
A $3.5 million budget and 4 options to choose from in Bukit Timah – here's what this family picked, Money News,M & W have got it all planned out for their kids. As they are alumni of both ACS and SCGS, they naturally wanted their kids to follow in their footsteps and go to the same schools.
How to invest during this Covid-19 period, Money News,Markets are volatile and earnings are likely to sink. Nobody knows when the economy will return to normal. How can we approach investing during Covid-19? “Fear incites human action far more urgently than does the impressive weight of historical e
Ninja Van raises $781m in funding round, adds Alibaba as investor, Money News,SINGAPORE – Logistics provider Ninja Van added Alibaba Group as a new investor as it raised $578 million (S$781 million) in a late stage funding round, the Singapore-based firm said on Sunday. Existing investors to partici
Around 5,000 HDB flats to be built in Mount Pleasant: National Development Minister , Money News,SINGAPORE – Around 5,000 new Housing Board (HDB) flats will be built on the Old Police Academy site in the Mount Pleasant area, with the first Build-To-Order (BTO) project to be launched within the next
Everything you need to know about debt consolidation loans in Singapore, Money News,How many active loans do you have? If you have multiple loans, debt consolidation might be right for you. Wasting no time, let’s dive right into what debt consolidation is all about. As the name implies, debt consoli
What it costs to invest, Money News,Fees are incredibly important to consider when choosing a financial advisor, because they have a direct impact on when you will be able to achieve your investment targets. Lower fees will enable you to earn higher returns and reach your financial goals sooner. It&
Best savings accounts for working adults in Singapore (2021 edition), Money News,This article was first published on July 3, 2017 and updated on Jan 5, 2021 to reflect the latest interest rates. When you start working, choosing the best savings account is one of the first financial decisions that yo
CPF Life: The complete guide to payouts, plans & minimum sums in 2022, Money News,If you’re in your 30s like I am, retiring in Singapore is the stuff of nightmares. By the time our retirement rolls around, the old folks selling cheap hawker food and kopi will be long dead and gone. What will life be
Meta slashes hiring plans, girds for 'fierce' headwinds, Money News,Facebook-owner Meta Platforms Inc has cut plans to hire engineers by at least 30 per cent this year, CEO Mark Zuckerberg told employees on Thursday (June 30), as he warned them to brace for a deep economic downturn. \”If I
Missed out on the BTO? Look out for HDB's Open Booking of Flats next week, Money News,HDB's BTO and SBF aren't the only ways you can apply for public housing. Less talked about is Open Booking of Flats, which allows you to apply for a flat at any time of the year (hence the name). You
How to file your personal income tax in 2022, Money News,If you’re working in Singapore, chances are, you probably need to pay tax. Here in Singapore, we follow a progressive personal income tax rate that starts at 0 per cent and maxes out at 22 per cent for employment and self-employment incomes ab
Pay more attention, Ethereum co-founder says of crypto crash, Money News,DAVOS, Switzerland – Ethereum's co-founder Gavin Wood said cryptocurrency investors need to be more aware of what is backing their holdings after a market rout which wiped more than $800 billion (S$1.1 billion) off their v
Standard Chartered BonusSaver Account review: 1 of the higher interest rate bank accounts out there, Money News,Technically called the Standard Chartered Bonus$aver Account, not Bonus Saver, the account name says it all — a bonus for savers. In fact, this current account is one of the higher interes
A condo built specifically for the elderly in Singapore? 5 features we'd like to see in such a development, Money News,Let’s face it: Singapore’s unofficial senior care body has become HDB. When it comes to housing for retirees, there’s an overwhelming assumption that most people can sell their
Court told Musk's $77 billion pay wasn't for punching a clock, Money News,WILMINGTON, Delaware – A Tesla Inc director and a former executive took the stand on Monday (Nov 14) and defended Elon Musk's US$56 billion (S$77 billion) pay package against a shareholder's claims that the
5 more affordable DBSS flats under $800k in 2021 , Money News,The Singapore property market has been rife with conversations about the $1.295 million resale flat in Bishan. This record-breaker was a Design, Build, and Sell Scheme (DBSS) flat, and it’s the most expensive HDB transaction to date (yes,
HDB's Proximity Housing Grant (PHG) for resale flats: All you need to know, Money News,All hail HDB’s Proximity Housing Grant (PHG) — the government’s way of encouraging Singaporeans to stay close to their families and maintain a robust intergenerational support system! Here’s the basics about
3 companies that have outperformed the Straits Times Index, Money News,As we enter the fourth month of the Covid-19 pandemic, it's becoming clear that businesses that are exposed to travel, tourism and hospitality have been hit badly. However, some businesses have fared better than others. In f
Highest paying jobs in Singapore 2022: Job roles, industries & highest paying degrees, Money News,We know that there are various factors that contribute to a good job. Beyond passion and having a good boss, a job must be able to help us put food on the table. Especially for those who are big on char
Why I won't buy Grab stock, Money News,You would’ve probably heard by now that Grab will become a listed company through a merger with Altimeter Growth Corp, a special purpose acquisition company (SPAC). The merger is expected to be completed by July 2021. Once the deal goes through, Grab will
Singapore is still stuck in a bear market: 3 things you need to know, Money News,The Covid-19 pandemic is the single most devastating economic event in the last 11 years. To put things in perspective, Singapore is seeing its worst GDP contraction since independence in 1965, falling by 13.2 per cent
Freehold vs leasehold landed property: Exploring the gap and how prices have moved over the years, Money News,Over the past year, demand for landed homes has gone through the roof. Around $2 billion in transactions have already been recorded for 1H 2021, with 245 sales. This is the highest amount we
GetGo car sharing review (2022): Prices, promo, fuel and the new Ioniq 5, Money News,If the recent ridiculous Grab and Gojek prices have brought you here to this article, welcome to the club! It's time to dig out your license card… and make your BBDC/ SSDC/ Ubi driving school tuition fees'
Cash over valuation (COV): The complete guide for every homebuyer and home seller, Money News,It has been a while since many of us last heard of Cash Over Valuation, but in 2021, COV has returned for a rousing encore. Cash Over Valuation, colloquially known as COV, is now back under the spotlight, e
5 lessons from the best investing speech, Money News,Surprise! The best investing speech I've ever come across is not from Warren Buffett or other well-known investing legends such as Peter Lynch, Benjamin Graham, or John Neff. It's from the little-known Dean Williams. The speech, Trying T
Why 2020 could be the best year to start your investment journey , Money News,If you started your investment journey in January 2020, your portfolio would surely be in the red today. If you had started your investment journey in 2018 or 2019, chances are that your portfolio will also be in the red.
4 practical ways to use supply and demand for property research, Money News,Supply and demand – it’s basic economics. It’s the reason why Hermes can sell $10,000 Birkin bags (which may sound incredulous to some), and yet still garner a long waiting list along with a booming resale market. Or why cer
3 ways to counter a high interest rate on your personal loan, Money News,Have you thought about purchasing a new car, buying a home, or financing a wedding recently? Or perhaps you would like to have more cash on hand or have a way to fund your child’s education. Maybe you even have high credit card
3 best credit cards for petrol discounts at Esso, Shell, SPC & Caltex (2021), Money News,Using a credit card for petrol in Singapore is practically compulsory for any seasoned driver or motorcyclist. Petrol credit cards get you such a huge discount that it doesn’t make sense not to use them — if you
10 most affordable new-launch 4-bedroom units under $1,540 psf for families, Money News,Big units are in this pandemic season. It’s especially telling, as our recent piece on affordable 4 bedroom units in the resale category was very well received. On the ground, sales for bigger units have been mov
Are Lulelemon shares too expensive?, Money News,To say that Lululemon has been on a hot streak is a major understatement. The Canadian athletic apparel maker's revenue and earnings per share soared 21 per cent and 34 per cent respectively in the first nine months of 2019. Consequently, market p
What factors are necessary for a possible en bloc or collective sale?, Money News,Earlier in September 2021, Flynn Park at 18-22 Yew Siang Road went en bloc at $371 million, making it the largest collective sale of the year. Brokered by Savills Singapore, the buyer (a joint venture between Hoi Hup R
May 2022 BTO launch review: Ultimate guide to choosing the best unit , Money News,There's no question about it – the May 2022 BTO launch is going to be hotly contested. There will be 4,583 Build To Order (BTO) flats across five estates that will be launched – with the main draw the two projects
CPF housing withdrawal limits: What you need to know, Money News,If you're reading this, chances are you're probably relying on — or intending to rely on — your Central Provident Fund (CPF) to pay the monthly mortgage instalments for your property. However, there's a limit on how much
Cryptoverse: Bitcoin miners get stuck in a bear pit, Money News,Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with a surefire path to profit: Hook powerful computers up to cheap power, crack fiendishly complex maths puzzles and then sell newly min
Former FTX CEO Sam Bankman-Fried says he 'didn't ever try to commit fraud', Money News,NEW YORK – Sam Bankman-Fried, the founder and former CEO of now-bankrupt crypto exchange FTX, attempted to distance himself from suggestions of fraud in his first public appearance since his company
3 things to know about MediShield Life premiums & coverage changes in 2021, Money News,A lot has changed in the past year, but the upcoming changes to the government’s health insurance scheme, MediShield Life, might have gotten lost in the noise. While the system has undergone little tweaks every no
5 scenarios that can disqualify you from getting HDB BTO first-timer applicant benefits, Money News,When it comes to the HDB BTO application, being a first-timer applicant gives you a lot of benefits. Not only can you qualify for a higher grant amount, but you get more priority too (Read: Better cha
Gen Z entrepreneur earned $300k by the age of 23, Money News,Lenney Leong, CEO & Founder of Get Customers grew up in a humble family where scrimping and saving was necessary to get by. He started working at the age of 12, selling bottled water, dabbled in starting various different businesses, b
Parc Oasis review: Convenience, views and facilities in Jurong at an affordable price, Money News,Project: Parc Oasis District: 22 Address: 35 to 53 Jurong East Avenue 1 Tenure: 99-year Leasehold from 1991 Number of units: 950 Site area: 739,104sqft Developer: Marco Polo Developments (Wharf Estates
Is drinking latte really costing you $1 million and the chance to retire well? , Money News,CAN WE ENJOY OUR LATTE AND STILL RETIRE WELL? If you are like millions of people around the world who spend a $5-6/day, 5 days a week, on a nice cup of latte, is that an act of financial irresponsibility that
Here's why the Basic Retirement Sum isn't something Singaporeans should be worrying about, Money News,Depending on who you believe, you may think our CPF savings are like Russia. You know it's there, I know it's there. But very few Singaporeans have actually travelled there and e
Touring Sembawang waterfront landed houses and 9 landed living costs to note, Money News,Last week, I headed over to explore the waterfront landed homes at Pasir Ris. In short, I concluded that they are close to nature, have a beautiful waterfront but are a tad crowded (at least the nearby beach and
Singapore June core inflation hits 13-year high, tightening risks in focus, Money News,SINGAPORE – Singapore's key consumer price gauge rose at its fastest pace in more than 13 years, official data showed on Monday (July 25), increasing pressure on the central bank to consider tightening moneta
Goldman Sachs CEO Solomon pays price of 1MDB scandal, Money News,NEW YORK – Goldman Sachs Chief Executive David Solomon’s annual pay fell by $10 million (S$13 million), or 36 per cent, in 2020, according to regulatory disclosures filed Tuesday, reflecting the bank’s role in Malaysia’s 1MDB scandal.
Buy now, worry later? Are consumers more likely to overspend with BNPL?, Money News,The beginning of the Covid-19 pandemic has accelerated Singapore’s transition into an increasingly cashless society, and even with measures being largely lifted to return life to normalcy, it is still commonplace to
East Coast Road coffee shop up for sale for $22.8 million, Money News,Another freehold coffee shop in Singapore is up for sale for millions. This time around, it's in the east. The non-conservation freehold property at 936 East Coast Road is up for sale via an expression of interest (EOI) exerc
![[UPDATED] Budget 2020 – measures to cushion impact of Covid-19 on key sectors, Money News](https://media.asiaone.com/sites/default/files/styles/article_top_image/public/original_images/Apr2020/070420_sg_st.jpg?itok=iyE2-CbX "[UPDATED] Budget 2020 – measures to cushion impact of Covid-19 on key sectors, Money News")
[UPDATED] Budget 2020 – measures to cushion impact of Covid-19 on key sectors, Money News,One of the key themes of this year's Budget 2020 announcement by Finance Minister Heng Swee Keat is the Covid-19 coronavirus outbreak in Singapore. It came at an unfortunate time, as an economic downturn w
6 reasons to review your insurance portfolio every start of the year, Money News,Besides setting new year resolutions and financial goals for 2021, here’s a reminder why an annual review of your insurance policies is a #Need. It’s the start of yet another new year — cue new found determination to st
9 often overlooked costs that can eat into your condominium profits, Money News,New homeowners often focus on the price of the property, but not the additional fees, stamp duties, and recurring charges. It’s a common mistake to think these “miscellaneous” costs don’t amount to much – in fact, they c
Tim Cook earned over 1,400 times the average Apple worker in 2021, Money News,Apple Inc boss Tim Cook's pay in 2021 was 1,447 times that of the average employee at the tech giant, a filing on Thursday showed, fueled by stock awards that helped him earn a total of nearly US$100 million (S$135 mi
Rental rates peaking at a 6-year high: What are the impact of cooling measures?, Money News,Property rental prices in Singapore have swelled to a six-year high and are expected to continue rising. Among the most affected by this increase are expatriates, who make up the majority of renters. Accordin
Telok Blangah Ridgeview review: Peaceful, with greenery and sea views, but not near MRT, Money News,Project: Telok Blangah Ridgeview HDB Town Bukit Merah Address: 70A-C Telok Blangah Heights Lease start date: May 2017 Number of units: 492 Telok Blangah Ridgeview was launched in 2012 together with De
New central condos cheaper than city fringe ones in 2022? Here are 4 simple reasons why, Money News,The CCR has long maintained a reputation as Singapore’s prime region, where one finds the most luxurious – and pricey properties. But in 2022, prices of new RCR condos have started to rise further, an
Magazine-worthy HDB terrace flat in Queenstown on market for nearly $1 million, Money News,Ever seen photos of a home online and feel like moving in on the spot? Instead of regular snapshots, a property agent has uploaded magazine-worthy photos of a terrace house recently listed for sale. From the p
May 2022 HDB BTO in-depth review: Queenstown, Money News,Missed out on last August’s Queenstown BTO ? Then you might want to consider balloting for this May 2022 Queenstown BTO. 860 units here will be up for grabs in the next HDB BTO launch. May 2022 Queenstown BTO at a glance Location Along Ghim Mo
Single and living with parents: Is it possible on a $600 monthly budget in Singapore?, Money News,If you're staying with your parents after graduation, is living on just $600 a month feasible if you want to save for your future? While most young adults can't wait to leave their parents
FOMO vs JOMO – The financial pros & cons, Money News,When it comes to life, there’s no one correct way to do it, hence the saying to each her/his own. That being said, our lifestyle directly impacts our financial situation, so in a sense, who we are plays a huge role in shaping the way we handle our
Mori condo review: Good layouts, freehold, convenient location… if you like Geylang, Money News,Our verdict 79 per cent Overall rating Mori is a freehold new launch condo in District 14 with an interesting wabi-sabi concept, a rooftop swimming pool and well planned unit layouts. Our considerations
Affordable ways to cover damaged floor tiles without removing them, Money News,One of the best ways to cultivate a happy life is to create a happy home. When renovating the home, most people think of painting the walls or updating appliances. But covering up damaged floor tiles can also give your ho
5 lessons from Chuck Akre, a modern-day investing great, Money News,Chuck Akre is fast-becoming one of the investing greats of this generation. His Akre Focus Fund (the retail class) has achieved an annualised return of 16.72 per cent since its inception in Aug 2009. The fund's return easily ou
5 interesting aspects of OCBC's quarterly earnings that investors should know, Money News,OCBC Ltd is the final major bank to release its quarterly earnings, after DBS Group Holdings Ltd and United Overseas Bank Ltd. Investors are closely watching the numbers for all three banks to identify sig
10 things we learned about Temasek's portfolio from CEO Ho Ching's Facebook posts, Money News,Under normal circumstances, Temasek would usually announce its annual results around this time every July. However, Covid-19 has led to severe disruptions to operations for every organisation this
4 ways URA's new move to curb shoebox units in central areas could affect the Singapore property market , Money News,The last time the Urban Redevelopment Authority (URA) moved to curb shoebox units (one-bedder units, generally defined as 510 sq ft or smaller) was back in 2018. At the time, the
Ethereum breaks past $4,000 to set a new record high, Money News,Cryptocurrency ether broke past US$3,000 (S$4,000) on Monday (May 3) to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ever greater use in a decentralised future f
What should you do with your stocks now?, Money News,Making the right decisions in investing was never easy, even under normal circumstances. Reviewing which companies to buy or sell to achieve an optimal portfolio requires a delicate balance of analytical skill and experience. The Covid-19 pandemic
What you need to know about passing on your wealth through property, Money News,Maybe you own a condominium or an HDB flat and you want to think about how you're going to leave that property to the next generation. Will you need a will, a family trust or life estate? Maybe you're a foreign
Freelancer insurance: A guide for gig economy workers in Singapore, Money News,Compared to their full-time salaried counterparts, freelancers miss out greatly on medical benefits and paid outpatient sick leaves. Here are insurance plans that’ll save the self-employed in Singapore all the heartache (
Park View Mansions in Jurong goes en bloc, sold for $260 million, Money News,On June 20, Park View Mansions in Jurong was launched for collective sale by public tender. The asking price? $260 million. Just over a month has passed and the condo has been snapped up by Chip Eng Seng Corporation, KSH Ho
Your stock is down 50 per cent, what should you do now?, Money News,So, you invested in a stock. You had high hopes. But alas, the stock disappoints and falls 50 per cent from where you bought it at. You are now stuck with a difficult decision. Should you bite the bullet and sell? Or should you doub
Japan's unorthodox household goods champion rides a pandemic boom, Money News,MIYAGI, Japan – Iris Ohyama, whose goods are ubiquitous in Japanese homes, has relied on its usual offbeat methods during the Covid-19 pandemic and US-China trade tensions to ride the teleworking wave and bring produc
5 ways the property market in Singapore has changed since your parents' era, Money News,For Singaporeans, property is much more than just an asset class. It is a key part of the government’s strategy to create a cohesive community with well-thought-out social integration policies. At the same t
Singapore Airlines aims to raise up to $1 billion in US bond deal: Sources, Money News,SYDNEY – Singapore Airlines (SIA) is aiming to raise US$500 million to US$750 million (S$677 million to S$1 billion) in a US dollar bond deal, according to two sources with direct knowledge of the matter. The sour
Touring Haus@Serangoon Gardens: Bustling landed living near a plethora of amenities for about $3 million, Money News,Serangoon Gardens is one of the most popular landed enclaves in Singapore. So when I learned about Haus@Serangoon Gardens, a 99-year leasehold, 97-unit residential enclave on a 28,402
Grab launches GrabPay Card – the region's first numberless payments card, Money News,Grab, the company behind the ubiquitous Grab app, today announced the launch of GrabPay Card – the region's first numberless payments card – powered by Mastercard. Users will be able to make purchases at s
Axiata, Telenor win approval to form Malaysia's top mobile operator, Money News,KUALA LUMPUR – Malaysia's communications regulator on Wednesday (June 29) approved a merger between the mobile operations of Axiata Group and Norway's Telenor ASA, in a deal that will form the South-east A
Daily Leverage Certificate (DLC) shorting SIA shares are now worth $0, Money News,On May 6, 2020, Singapore Airlines (SIA) started trading on its ex-rights shares. On that day, SIA shares rose more than 20per cent. Retail investors who bought the 5x Short SIA daily leverage certificate (DLC) saw the
SIA announced a massive half-year loss: 5 things investors should know, Money News,It’s been one of the toughest years in history for Singapore Airlines Limited, or SIA. That’s an understatement. As the Covid-19 pandemic swept through the world, it has caused numerous airlines to ground their fleets
Best women's health insurance plans in Singapore and what they offer, Money News,More than just a buzzy health insurance plan, those catered for women offer female-specific coverage for conditions and procedures that women are more inclined to have. According to the Singapore Cancer Society, ov
5 highest-yielding Paya Lebar condominiums under $1.4m, Money News,Paya Lebar Quarter (PLQ) has turned the area into a new commercial hub, and a major property hot spot. Unfortunately, it may be tough for a new investor to get a piece of the action now; prices in Paya Lebar have soared over the past
9 tips to save more money in this Covid era, Money News,We could all do with a little more in the bank every month, especially when times are tougher than ever and the economic outlook remains bleak. Short of taking up more side gigs, one way to ensure you stay in the pink of financial health would
5 best crypto ETF alternatives for Singapore investors (2021), Money News,Is there a cryptocurrency ETF? It might surprise you to learn that the answer is no. Although there are ETFs (exchange traded funds) for almost anything you can think of — tech companies, shopping malls, gold, cows, whatever —
A list of all the new launch condo promotions in 2022 , Money News,With some new launches facing the ABSD deadline in 2023, and the announcement of the cooling measures in December 2021, it was only a matter of time before developers had to start introducing promotions in order to move some units. F
Can't seem to save money? Here are 7 easy ways to get rich, Money News,We all know the importance of saving and putting aside enough emergency cash for a rainy day. However, paying for living expenses in Singapore and bills means this can be easier said than done. Thankfully, there are differen
Touring Pasir Ris: By the sea 'freehold' condominiums for under $2 million (and above 2,000 sq ft), Money News,A while back, I wrote about freehold waterfront condos at Balestier (most waterfront properties in Singapore are 99-years leasehold in nature). The feedback from my Mom, who grew
Smart money advice from financially successful women, Money News,You might have been working for some time now, but your bank account still looks relatively… well, not well-padded, considering how much you earn and how many years you’ve joined the workforce. The reason? You might not have been keepi
'I have a $3 million budget – is Reviere or The Hyde a better option?', Money News,Hello there, I am an avid follower of Stacked Homes, I really like the content and the videos produced! My wife and I are looking for a new property and we have narrowed it down to the following: 1) 2-bedroo
Singapore's Shopee changes the game in Brazil's e-commerce sector, Money News,Sea Ltd's Shopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering
Touring Sembawang Hills Estate: An affordable freehold landed enclave with a hawker centre, Money News,If you didn’t already know, only 5 per cent of Singaporeans live in a landed home. Hence, it’s almost everyone’s dream, and ambition to live in a landed home. I’ve covered a fair few in my cheapest
How to evaluate a company's management team, Money News,I spend a lot of time to evaluate a company’s management team in my investment research process. I’m also often asked by people I meet what I look out for in management. There’s no formula, but I tend to look for company leaders who have a
Complete Singapore parents' guide to childcare subsidies for their little one(s), Money News,The rising cost of living in Singapore has made raising a child a relatively expensive affair. Fortunately for us in Singapore, there are a slew of childcare subsidies to help parents defray costs relat
5 reasons to like CapitaLand Retail China Trust's latest acquisition, Money News,CapitaLand Retail China Trust, or CRCT, has announced an expansion of its investment strategy, hot on the heels of Mapletree North Asia Commercial Trust’s own expansion of its investment mandate. As a recap, CRCT i
Is it the right time to buy REITs now?, Money News,REITs seem to have been hit harder than other shares in the market by the coronavirus outbreak. At first, it might seem a little odd, given that REITs are viewed as an alternative to fixed-interest instruments such as bonds… … And with interest rate
August 2022 HDB BTO overview: Ang Mo Kio, Bukit Merah, Choa Chu Kang, Jurong East, Tampines and Woodlands, Money News,Now that the May 2022 BTO and SBF sales exercises have ended, it’s time to look at the location of the upcoming BTO projects to be launched in August! For starters, there will be aro
Grab sees no big layoffs despite weak market, Money News,SINGAPORE – Grab , Southeast Asia's biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chi
How a robust investment portfolio can protect your wealth and help you retire, Money News,No one will care about your money more than yourself. Therefore, for my family, the role of capital allocator falls squarely on my shoulders. Capital allocation is a skill that you can acquire over time, throug
3 advantages you have as an investor which you might not know, Money News,Gaining an edge in investing is not easy. But you may have advantages that you may be unaware of. With advancements in technology and connectivity, anyone can easily get their hands on reams of information. The internet has, a
MAS dispels misconceptions on Binance following FTX collapse, Money News,SINGAPORE – As long as cryptocurrency exchange Binance is unlicensed in Singapore, it has to continue to not court users here, the regulator said on Monday (Nov 21), after the world’s largest exchange by trading volume rolled b
6 things I did that helped me save 60% of my entry-level salary, Money News,I’ve always been intrigued by the idea of early retirement. Perhaps it’s my idealistic brain speaking but I’ve always imagined my life to be more than just a building block of the rat race, flowing along the rest and chasing
HSBC launches $1.4 billion lending fund for female entrepreneurs, Money News,SINGAPORE – HSBC Holdings said on Thursday (May 12) it was launching a $1 billion (S$1.4 billion) lending fund to invest in female-owned businesses over the next 12 months. \”The level of funding received over time by female
Tightening in focus as Singapore's August inflation stays elevated, Money News,SINGAPORE – Singapore's key consumer price gauge rose again in August at its fastest pace in more than 13 years, official data showed on Friday, driving market expectations the central bank will consider another
Grab considering secondary Singapore listing after US SPAC merger: Sources, Money News,Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion (S$53 billion) SPAC merge
Will landed homes continue their momentum in the Singapore market for 2021?, Money News,The landed property market saw a strong pick up in Q4 2020. Back then, we heard plenty of market watchers speculate that landed prices had to come down soon; it just took time for Covid-19’s effects to bite. Well
4 upcoming ECs in 2022 for sandwiched buyers to look at, Money News,With private property prices still on the high (we’ve obviously yet to see the effects from the latest cooling measures ), Executive Condominiums (ECs) are the only hope for some buyers this coming year. So far, there are just four
Potential buyers for Chelsea Football Club can approach UK government: Minister, Money News,LONDON – Anyone interested in buying Chelsea Football Club can approach the British government and make a proposal, the government said on Friday (March 11) after it sanctioned current owner Roman Abramovich
Touring Frankel Estate: Freehold living in the East for foodies next to a park connector, Money News,This week, we’re back in the East at Frankel Avenue. My first thought on seeing the area was “Hmmm, this reader has a bigger budget!” If you’re wondering why, the tour of Frankel Avenue was actually
Most Twitter shareholders vote in favour of sale to Musk, sources say, Money News,A majority of Twitter Inc's shareholders have voted in favour of the social media company's US$44 billion (S$61 billion) sale to Elon Musk, people familiar with the tally said on Monday (Sept 12). The deadlin
Starting out as a freelancer: Here's how you can manage your money like a pro, Money News,While working for yourself means having lots of freedom to set your schedule or choosing your clients you would like to work with, it also means you are solely responsible for delivering your work and mana
15 Singapore-listed companies that are likely to withstand the tough economic conditions, Money News,The coronavirus has battered many economies of the world, including that of Singapore. Our small economy could see its worst-ever recession if what the authorities have projected comes true. The Mini
3 emotions that get in the way of your comfortable retirement, Money News,Investing is one of the best routes to secure a comfortable retirement . However, as with any journey, the road can often be bumpy. Stock markets fluctuate regularly and can remain volatile for long periods. Even great compani
A keen investor's guide to cryptocurrency (2021), Money News,Cryptocurrency is having its day in the sun, as investors take advantage of the market’s momentum. Here’s everything you need to know about this virtual currency before you purchase your first coin. For more than a year now, you would
SkyParc @ Dawson review: Possibly the best unblocked views in a central area and close to nature, Money News,SkyParc @ Dawson offers residents with an opportunity to own a high-rise flat with stunning greenery views in a central location, however, it's not the most convenient in terms of MRT ac
Singapore-based influencer marketing platform with celeb Will Pan among its investors secures $4.8 million investment, Money News,Partipost, Asia’s fastest growing crowd influencer marketing & commerce platform, has secured an investment of US$3.5 million (S$4.8 million). SPH Ventures led the ro
Analysing 3 condo floor plans in Bukit Timah: Which is the best family friendly unit?, Money News,Unlike buying a home if you’re single, buying a home for your family is a whole different proposition. Why? Put simply, you no longer have to contend with just what you want – you now have to account fo
Here's how to get your car loan approved quickly, Money News,Unless you are financially blessed, chances are you do not have the disposable income to pay for your car. That’s what car loans are for. But applying for one can be frustrating, especially if you are unaware of the prerequisites. You
Lower demand in HDB resale market in August; prices rise for 26th straight month, Money News,A slower buying sentiment may be setting in among HDB resale flat buyers. According to 99.co and SRX flash report on the HDB resale market in August 2022, 2,323 transactions were recorded last month, represe
What is an NFT? A beginner's guide to creating and buying NFTs in Singapore, Money News,In the past year, NFTs have caused quite the big media hoo-ha. Bored Ape Yacht Club, CryptoPunks, Doodles… unless you've been living under a rock or stranded without a phone on a remote island, at least
The ultimate Singaporean's guide to surviving a recession, Money News,Winter is coming… And just like how Singapore is a year-round summer island sparred from natural disasters, Singaporeans have been experiencing a cushioned impact from global issues plaguing the world today. On May 1, 2022, P
UOB raises fixed home loan rates to 3.85%, following DBS' move, Money News,SINGAPORE – Home loan rates in Singapore on Tuesday hit as high as 3.85 per cent, a level not reached in many years UOB fired the latest salvo in raising home loan rates, launching two-year fixed rate packages at 3.75 pe
We own an executive maisonette and a condo – should we sell our maisonette to buy another condo or sell both to buy a landed property?, Money News,Hi stackedhomes! I have been following and reading your articles religiously as I enjoy the different perspectives that you bring to the table. We are cu
Flush with cash, Singapore Airlines to spend $3.86b redeeming convertible bond, Money News,Singapore Airlines Ltd (SIA) said on Tuesday (Oct 25) its strong cash position would allow it to spend $3.86 billion to redeem convertible bonds issued in 2020 that helped it weather the halt in travel during
Upgrading to a private property? 4 reasons why you should sell your existing property first before buying a new one, Money News,Moving from one home to another can be a cumbersome process. Besides the obvious inconvenience of having to renovate, pack and shift home, it’s also a process that has to b
12 tallest skyscrapers in Singapore and around the region, Money News,Ever wondered why, in movies and TV shows, Godzilla never attacked Singapore? In 2021’s Godzilla vs Kong, the 120-metre-tall monster attacked Hong Kong instead. Maybe one reason is that Hong Kong, like many cities in the Southeast
Here's how Stanley Ho's wealth compares to Asia's richest, Money News,Known to many as the Godfather or King of Gambling, self-made billionaire Stanley Ho died on Tuesday afternoon (May 26) at the age of 98. The patriarch transformed Macau from a sleepy outpost to overtaking Las Vegas
The long-distance race of financial security: Tips from a trillion-dollar fund manager, Money News,When it comes to financial advice, you could listen to someone who helped steer more money than almost anyone else on the planet. When he was chairman and CEO of investment giant Vanguard Group, Mr Jac
Malaysia's Petronas agrees to grant larger revenue share to Sarawak state, Money News,KUALA LUMPUR – Malaysia's energy giant Petronas said on Monday (Dec 7) it had agreed to a commercial settlement that grants Sarawak state a higher revenue share of oil and gas produced in the state. Under
How this 12-year-old started investing at age 7, Money News,One of the key regrets for investors is not starting earlier and investing sooner in their lives. Rishi Vamdatt has no such regrets, as he started to invest in the stock market at age seven and started promoting financial literacy online th
Here's how much monthly allowance Singaporeans give their parents, Money News,\”How much do you give your parents every month ah?\” This was a question a couple of my friends and I had when we first graduated and got our full-time pay. Yet it was a question that has always been answered sheepishl
Regular Savings Plan (RSP): What they are and the best ones to invest in, Money News,Think of them as a souped-up savings account, to kickstart your investment portfolio from as little as $100 a month. Here’s a look at what RSPs are and why they’re great for easing into your investment journey. With
Best home fibre broadband plan in Singapore 2021, Money News,With so many of us working from home this circuit breaker, having a steady and fast Wi-Fi signal can make or break your entire day. Singapore boasts one of the world’s highest Internet penetration rates and the Internet services market is
Which districts have the highest increase and decrease in prices over Covid-19?, Money News,2020 and 2021 have been exceptional years for the Singapore property market, thanks (or no thanks) to Covid-19. While prices have mostly risen across the board, some districts have performed better than other
Singapore's crypto aspirations shaken by Three Arrows collapse, Money News,HONG KONG/SINGAPORE – Singapore's ambitious cryptocurrency sector, by some measures Asia-Pacific's largest, faces an uncertain future after the recent collapse of crypto fund Three Arrows Capital, a high-profil
Parc Komo review: Resort-like, freehold, but location not for everyone, Money News,Stacked rating: 70 per cent Unit Efficiency 4/5 Development Facilities 4.5/5 Surrounding Amenities 2/5 Developer 4/5 Transport Links 2.5/5 Price 4/5 Resort-like living for Easties With its low-lying 5-storey blocks, f
Millennials have spoken: These are the worst money worries this year in 2020, Money News,Jokes about expensive brunch habits aside, millennials are actually a financially savvy bunch. However, Covid-19 has thrown this group for a serious loop this year. These are their top money worries for 2020 and
Smart ways to save on funerals, Money News,Losing a loved one is an emotionally challenging time. In addition to dealing with a wide range of emotions, you may be feeling extra stressed if you have to prepare the funeral arrangements. Due Singapore's limited space, 70 per cent of funerals invol
Messy divorces and matrimonial assets: Real lessons of couples and their properties, Money News,When divorce itself is already an emotional affair for any individual, it can get even more stressful when it comes to the division of assets , such as a matrimonial home, or the custody of children. Whil
Breaking down the costs of development: Is property development unsustainable in Singapore?, Money News,There’s a common misconception today that property developers are the cause of higher property prices in Singapore. After all, it seems obvious that developer pricing is the main factor in a condo
Bitcoin slides below $27,900 to lowest since December 2020, Money News,SAN FRANCISCO – Bitcoin dropped below US$20,000 (S$27,900) on Saturday (June 18) to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates. The biggest cryptocurre
Covid-19 questions: Should I defer my insurance premiums and mortgage payments?, Money News,TLDR: It depends, and probably not for your property loans. MAS has recently announced that you can apply to your banks and insurers to defer repayment of your property loans and premiums for (life and health
How long does it take to double your money in Singapore?, Money News,The power of compound interest We often hear that compound interest is the eighth wonder of the world. But how powerful is it, really? In this article, we see how a higher interest per cent rate per year would mean the requirement
Best travel insurance policies for places prone to natural disasters (2022), Money News,Here in Singapore, our idea of a natural disaster is “ponding”. But if you frequently travel to places like Japan, Taiwan or Bali, which are located on the Pacific Ring of Fire, you might already have experienced
Dividends can't lie; how you can use the dividend yield theory, Money News,Most of you would have heard of dividend growth investing, buying companies with a good track of growing their dividends. This is a solid way to grow your income over time. However, buying a dividend-growth company can t
How to rent a property during the circuit breaker: Tips for landlords, Money News,The Covid-19 pandemic has disrupted nearly all aspects of life. This is especially true for those dealing with property matters, as the Circuit Breaker represents a significant obstacle to the real estate industry. As
Amazon's Bezos tops Forbes richest list, pandemic knocks Trump lower, Money News,Amazon Chief Executive Jeff Bezos topped Forbes’ list of richest Americans for the third year in a row, while US President Donald Trump’s ranking dropped as the coronavirus pandemic slammed his office buildings, ho
Guide to Supplementary Retirement Scheme (SRS) and tips to maximise it, Money News,Primed to let you enjoy income tax savings, your SRS account can offer you so much more for a sweet retirement. As we approach the end of yet another year, the topic of SRS — short for Supplementary Retirement Scheme
Qualcomm suggests a consortium to buy Arm, Money News,Qualcomm is considering to team up with other companies to acquire Arm. According to the Financial Times, Qualcomm CEO Cristiano Amon stated that his company was planning to invest in Arm, and work with rival companies to buy the chip designer. A
Should you trust your broker for stock recommendations?, Money News,Buying shares requires the help of a broker or remisier to act as a middleman for the transaction to go through. These intermediaries bridge the gap between buyer and seller and help to facilitate the flow of trades through stock ex
Are the Ang Mo Kio and Tengah residential GLS sites worth waiting for?, Money News,Perhaps you’ve seen all of 2020’s launches and nothing appeals to you; or perhaps your timeline for getting that condo is a few years down the road. In any case, don’t just look for the named, upcoming developments. S
How to find stock investment ideas in high-growth industries, Money News,A key part of being a successful active investor is your ability to unearth investment ideas that will generate alpha: excess return you earn beyond the market index. If you're unable to generate alpha over the long term,
Singapore Airlines Limited: Is there a faint glimmer of light for the airline?, Money News,SIA has announced that it will further rationalise staff numbers as it continues to cope with the unprecedented global aviation crisis. The airline’s capacity expected to remain below 50 per cent till the end
CPF Basic, Full and Enhanced Retirement Sum: How do they affect you?, Money News,Every salaried employee in Singapore makes CPF contributions each month, but the CPF system is understood by few. There are more fun things to do with those precious post-work hours than to spend it on the CPF Board
3 stocks I will buy now with $10,000, Money News,As we get used to living with changed habits amidst the Covid-19 pandemic, it’s also time to think of what lies ahead. What will life be like after factoring in changes to lifestyles and routines? Which industries and sectors will remain unscathed, or
Grab tells staff it's 'in a position to acquire' after Gojek merger report, Money News,SINGAPORE -The chief executive of Singapore ride-hailer Grab told employees in an internal note on Thursday (Dec 3) that the firm is in a position to make acquisitions, following a report it is clos
A home-buying journey: Family sold Pinnacle@Duxton 5-roomer to be closer to Bukit Timah schools, Money News,Everyone has a home-buying journey, whether it’s their first or final home. For Chi Sim and his wife, a couple in their 40s, their journey has just come full circle. A few years after moving b
Global regulators to target crypto platforms after FTX crash, Money News,LONDON – The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such \”conglomerate\” platforms will be the focus for 2023, the new chair of global securities watchdog International
7 condos in District 9 you could possibly own for $1.6m or less, Money News,While District 7 may have taken the headlines in recent months, you can’t deny that District 9 is still a top area on most Singaporean’s wish list of places to live at. So despite online shopping ruling the roost when it com
4,501 BTO flats launched, including 960 Rochor units under new PLH model, Money News,SINGAPORE – A total of 4,501 Build-To-Order (BTO) flats were launched for sale by the Housing Board on Wednesday (Nov 17), including 960 units in Rochor – the first project under a new prime location public housing
2 key SGX-listed ETF changes investors should know, Money News,Good news for Do it Yourself (DIY) investors who invest in Exchange Traded Funds (ETFs) on the Singapore Exchange (SGX). Singapore Exchange Limited will be implementing two important changes to the Singapore ETF market, which has grown c
How much savings do you need to retire in Singapore?, Money News,I’ll start this article by saying there’s probably no correct answer as to the amount “the average person” needs to retire in Singapore. We are not all robots living identical lives. Some people are happy with just hitting the CPF basi
Temasek's new investment platform to target local, mid-sized firms, Money News,SINGAPORE – Singapore state investor Temasek Holdings has set up a new investment vehicle initially targeting local firms valued at $1 billion to $5 billion, as Singapore seeks to ramp up investments in fast-growing
UOBAM Invest review: Late to the robo advisor game, but is it any good?, Money News,Robo advisors are a trendy way to invest without actually having to do much work. Although rather late to the game, UOB’s new product, UOBAM Invest, is one of the few local bank-owned robo advisors in Singapore and i
ByteDance founder donates $104m amid China billionaires' charity rush, Money News,BEIJING, June 22 – The founder of TikTok owner ByteDance will donate 500 million yuan (S$104 million) to the southeastern Chinese city of Longyan for education, the city government's education bureau said on
Hoolah, Rely & other credit card instalment plans to ease your payment pains, Money News,Been eyeing that new iPhone 12 or Secret Lab chair, but afraid to dip into your savings in these dark economic times? We always advocate making smart financial decisions and spending within your means. But if yo
These 11 horror stories will get you woke about your personal finance, Money News,Rich lessons you could pick up from some of our readers, who have gone through sobering money fiascos and lived to kindly tell their tales. As we prepare to don a masquerade and indulge in a round of trick-or-treating,
Buying a gaming console? Here are the best credit cards to get your Xbox Series X Or PlayStation 5, Money News,Planning to get the latest-generation gaming console? Here’s the best way to maximise credit card rewards on your purchase. The ninth generation of video game consoles is finally here, with
You have enough to pay off your home loan early; but should you?, Money News,It is a miracle! For years you’ve slogged away at your home loan, thinking you were never going to get it paid. Then lo and behold, long before even your 55th birthday, you check the mortgage and realise: hey, you can repay
10 biggest property losses besides James Dyson's $11.8m penthouse loss, Money News,You must have heard the news by now. British Billionaire James Dyson has sold his Wallich Residence penthouse at an eye-watering loss of $11.8 million. [embed]https://www.facebook.com/ChannelNewsAsia/posts/101578
I bought the condo I was renting; It was my best move ever, Money News,Singapore is a nation with 92 per cent home ownership, and most of us don’t rent. So when Erica and her partner moved into a two-bedder, it was intended to be temporary; they just wanted to get out from under the parents’ roof, u
How insurers and banks are helping you survive Covid-19 (whether quarantine or debt), Money News,2020 will go down in the history books as a challenging year for many. Governments across the world — including Singapore — have implemented circuit breaker measures to flatten the curve and prevent heal
HDB BTO November 2020 launch in non-mature estates — Sembawang and Tengah, Money News,HDB BTO launches in non-mature estates have the reputation of being cheap but ulu. The November 2020 batch of launches is no different. BTO flats in non-mature estates are significantly more affordable than their m
4 recession-resistant stocks with a fortress balance sheet, Money News,In this article, I will introduce 4 recession-resistant stocks with a fortress balance sheet. Not only are they Covid-19 resilient, meaning that the negative impact of the coronavirus outbreak to their income is marginal or might
Tips to thrive as a freelancer in Singapore, Money News,Freelancing is a great way to earn a living while having a flexible schedule and lots of exposure in multiple industries. Freelancers are also able to decide where they want to work. This flexibility allows people to work on multiple projects s
Top US stocks grabbing the headlines as Redditors take on Wall Street, Money News,If you’re one of the millions tuned in to the action in the market fuelled by r/WallStreetBets, get your popcorn ready. Here’s a look at the US stonks that have been grabbing headlines the past week with their lottery-
HDB November 2021 BTO in-depth review: Rochor (under the new PLH model), Money News,Update as of Nov 17, 2021: This article has been updated with information released during the November 2021 BTO launch. This November 2021, HDB is launching 4,501 units in the upcoming BTO sales exercise. On top of t
Touring MacPherson Garden Estate: Possibly the cheapest freehold landed estate in Singapore (under $2.5 million), Money News,MacPherson Garden Estate is a small cluster of landed houses whose claim to fame is being amongst the cheapest freehold landed enclaves in Singapore. This is, of course, why I
5 key consequences of rising mortgage rates in 2022, Money News,The median interest rate for home loans is set to double in as little as six months, and it would seem the era of cheap mortgages is coming to an end. Apart from a predictable rush for HDB instead of bank loans (for those who can get th
Singapore Deposit Insurance Corporation (SDIC) explainer: How it safeguards our hard-earned savings, Money News,SDIC — our fail-safe in case financial institutions in Singapore collapse. Here’s what you need to know about the company that insures your deposits up to $75,000. Keeping our hard earned
How I unlocked financial freedom, Money News,The New Savvy is an online platform aimed to empower women achieve financial happiness. After going through some financial difficulties, Former CEO Anna Vanessa Haotanto taught herself about personal finance and investing. At age 29, Anna alone managed to
Online banking: Tips to prevent cyber attacks and safeguard your money, Money News,The Internet has brought us an unprecedented level of convenience but not without new dangers. Fraudsters are increasingly taking advantage of our online habits to run scams on unwitting victims, stripping them of mil
Sea looking to raise $8.5b in Southeast Asia's biggest fundraising, Money News,HONG KONG – E-commerce and gaming company Sea Ltd is looking to raise $6.3 billion (S$8.5 billion) in a share and convertible bond sale in Southeast Asia's largest ever capital raising, tapping growing investor
Why you should rethink any expensive property investment seminars, Money News,By now, you’ve probably seen the YouTube ads warning you about declining HDB flat values; or the older ads claiming you can own multiple properties with no money down. Most recently, a certain education company has come un
A leasehold landed went for $32k in Singapore – here's where to find the cheapest landed homes in 2022, Money News,When it comes to landed properties, the truth is that the overwhelming demand is for freehold homes. But in 2022, with interest rates, as well as private homes, soaring, that may s
What's a 'fair price' for HDB to buy back flats constrained by the Ethnic Integration Policy?, Money News,HDB recently announced that from March 8, 2022, the Housing Board will buy back flats from owners who have difficulty selling them due to the Ethnic Integration Policy (EIP). The
Concession passes for working adults: Are they ever worth it?, Money News,Many graduates who step into the working world realise they spend much more money than they previously did as a student. One reason for this is higher work-related expenses, like purchasing office wear and transport expenses o
Hyflux and its directors, including Olivia Lum, under criminal investigation for corporate governance breaches, Money News,SINGAPORE – Troubled water treatment firm Hyflux is under criminal investigation for false and misleading statements, as well as non-compliance with accounting standards, the au
Shorter vs longer home loan tenure: What is best for you?, Money News,I would think that for most of us, the biggest loan we would need to take in our lifetimes is a housing/mortgage loan. And unless you are a Crazy Rich Asian with the money to pay for your home in cash, the decision to take up a ho
A guide to leasehold and freehold properties, Money News,It is the age-old private property investment debate; Leasehold vs Freehold. What are the key differences and is one truly better than the other? On Prime Time's Powering Your Property segment, Rachel Kelly and Shezad Haque spoke to Nicho
What cancer can teach us about investing, Money News,Cancer and investing are topics that seem so distant. But you can learn a lot about something by studying other areas and finding parallels. There's an important lesson that cancer can teach us about investing. Simple way to win cancer Robert
Polygon (Matic Network) explained: Why did billionaire Mark Cuban invest in this blockchain platform?, Money News,Although Ethereum is currently the blockchain development platform of choice, it is not without its flaws. Users of the blockchain network have to contend with scalability issues like lo
Covid-19 relief: Compilation of government financial assistance schemes, Money News,Unemployment during this Covid-19 outbreak is a very real thing. The government recently announced the supplementary resilience budget 2020, setting aside an extra $48 billion to support the economy. A huge chunk of
From broker notes to memes: How the stock market went viral, Money News,Stockholm – “Stocks only go up”, concludes a video montage of televangelists, dancing Ghanaian pallbearers, and Donald Trump’s personal pastor repeatedly saying she can hear the “sound of victory”. The tongue-in-cheek meme, desi
FOMO Pay review: What is FOMO Pay, how does it work, & is it safe?, Money News,Been diligently following financial news even on your annual leave week? You would have read that this new “FOMO Pay” sprouted out of nowhere and joined the DBS Digital Exchange, allowing businesses to accept cryptocurren
5 best money remittance services in Singapore, Money News,The best money remittance platforms provide low fees, transparent pricing and some nifty features. When you need to send money back home to your loved ones, banks may be one of the first options that pop to mind. Sure, banks offer robust netw
These 3 blue chip stocks are perfect for your CPF investment account, Money News,Every Singaporean's CPF ordinary account (OA) offers a 2.5 per cent interest that is relatively risk-free. That's great. However, the 2.5 per cent interest may barely cover inflation that ranges from 2 per cen
Are you spending too much money on insurance?, Money News,Every other day, we see news and reports about car accidents, illnesses, break-ins and all other unfortunate events on the internet and social media. Looking at all the bad news, wary Singaporeans may start looking at ways to protect themselv
Clavon review: Best 2 bedroom layout so far, Money News,Stacked rating: 75 per cent Unit Efficiency 4/5 Unit Size 3.5/5 Quality of Fittings 3.5/5 Design 3.5/5 Variety of Facilities 3.5/5 Quality of Facilities 4/5 Surrounding Amenities 3.5/5 Developer 4.5/5 Transport Links 3/5 Driving Accessibility 4
Go splurge with your first paycheck: Sharon Au explains why that's okay, Money News,What do you do with your first paycheck? For some, a large chunk of it goes towards paying off student loans. Other people might put the cash into a piggy bank in case of a rainy day. So when we caught up with h
August 2022 HDB BTO in-depth review: Choa Chu Kang (Keat Hong Grange), Money News,BTO season is upon us again, and in this Aug 2022 HDB BTO review, we'll be covering the quiet town of Choa Chu Kang. A population of 169,000 residents call the sleepy, serene estate home. Located at the north-west
A guide to avoiding common money mistakes in Singapore, Money News,There are plenty of mistakes you can make with your money, whether it’s overspending or ignoring debt till it piles up. Here’s a handy guide to avoiding all these in the first place. Humans have the tendency to act irrationally, just
Your 3-step cheat sheet to prepare yourself for the next bear market, Money News,We all know that the stock market moves in cycles. What goes up has to come down and what comes down, has to go up. According to data from the National Bureau of Economic Research, an American private non-profit researc
5 new retirement realities for the millennial Singaporean, Money News,In an era of low interest rates, the traditional strategy of saving and stashing away your monies in higher-interest rate accounts is dead in the water. With various banks slashing their interest rates multiple times in 2020 – the
Airbnb to shut domestic business in China from July 30, Money News,HONG KONG/SHANGHAI – Vacation rental firm Airbnb Inc said on Tuesday (May 24) it will shut down all listings and experiences in mainland China from July 30, joining a long list of Western internet platforms that have opted out of the
Singapore's Whampoa Group to invest $141m via fund for digital assets, Money News,SINGAPORE – Singapore's Whampoa Group, a multi-family office with investments in global tech firms, aims to deploy about US$100 million (S$140.5 million) through a venture capital fund in start-ups in the bur
Million-dollar HDB resale flat transactions: Will they be affected by the new cooling measures?, Money News,2021 saw a double-digit price growth of 12.5 per cent for HDB resale flats, as well as a record number of million-dollar flats sold within the first five months of the year. In the same year,
7 HDB towns in non-mature areas with flats creeping towards a $1 million price tag, Money News,With a record number of million-dollar flats sold, some Singaporeans are starting to wonder if it's ever going to be the norm. That day won't be anytime soon, as million-dollar flats are still a
CIMB FastSaver account review: A no-frills savings account, Money News,These days, saving up in Singapore is all about knowing how to jump through hoops to get the most interest from banks. You might even have caught yourself buying nonsensical things to hit minimum spend so that you can get more in
Home insurance 101: What exactly are you paying for?, Money News,The whole idea of purchasing insurance is to protect yourself, loved ones or certain assets for unintended losses due to accidents. One such asset would definitely be your home. That's because in Singapore, a home is perhaps one o
How much Singaporeans need to save now to retire at 55 or 62 years old, Money News,The official retirement age in Singapore is 62, and the re-employment age, at 67. This means that your employers cannot ask you to retire before that 62 and re-employment must be offered should you wish to continue wo
3 pieces of financial advice for private-hire drivers and other new economy contractors, Money News,With the rise of tech startups like Grab and Airbnb, a lot of people have been taking up new jobs in the recent years either as a full-gig or as a way to earn supplementary income. Though these jobs c
Single-pay vs multi-pay critical illness plans, Money News,Critical illnesses such as cancer are known to be the major causes of deaths amongst Singaporeans. These conditions are not only difficult to heal but also expensive to treat. Depending on the treatment required, the medical bills can easily
A no nonsense explanation on why cars in Singapore are so expensive, Money News,This article was first published on 7 April 2016 and updated with the latest information. In Singapore, there is no such thing as getting a good car deal that makes financial sense. A car, even a \”cheap\” one, is a luxury
How to find a job during a recession, Money News,The writing is on the wall. The post Covid-19 economy is likely to be hit by recession resulting in a massive loss of jobs. So how will you navigate these uncertain times? Let's find out. Covid-19 has brought the world to its knees. Not only has
Are luxury branded watches a good investment?, Money News,When you think of the word investment , what comes to your mind? Chances are you might be thinking of the more popular asset classes like: Equity/Stocks/Shares Bonds Property/ Real Estate Investment Trusts (REITs) Commodities Cash Alternative
With Gucci bags and Dyson appliances, Evergrande wooed retail investors, Money News,SHANGHAI – Lured by the promise of yields approaching 12 per cent, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's top-selling developer, tens of thousands of investors bought weal
IPO for label of K-pop group BTS set to be South Korea's biggest in 3 years, Money News,SEOUL – Big Hit Entertainment, the management label of hugely popular South Korean K-Pop group BTS, priced its initial public offering (IPO) at top of its range on Monday (Sept 28), in South Korea's lar
5 cheapest cars in Singapore that you can buy in 2020, Money News,After COE prices for CAT A hit a low of $23,568 in Dec 2018 and hovered at the $25,000 to $26,000 range at the start of 2019, the rest of 2019 saw COE prices creeping upwards. Jan 2020 saw COE prices for CAT A at $35,010, or about $10
3 reasons to keep investing even in a downturn, Money News,Last month, we entered into Bear market territory in record time. In less than a month, the stock market U-turn dramatically and we are back in Bull market territory, characterized by a 20 per cent appreciation from the low point. Investors
Why you should maximise your CPF LIFE before other private annuity plans?, Money News,Today, an average retiree is expected to spend $1,154 a month in retirement expenses and this is going to increase over the years. Thus, ensuring that we have a steady stream of income in our retirement becomes eve
5 lesser-known upcoming residential hotspots in the Singapore property market, Money News,While the usual prime spots remain unchanged (Orchard Road, Marine Parade, etc.), fresh developments have drawn the spotlight to other neighbourhoods as well. There are some upcoming property hotspots, which ha
Participating insurance policies rate change 2021: How this affects you, Money News,Come July 1, 2021, the projected rate of return for participating policies will be reduced. Here’s how this projection has a very real effect on the products that insurers offer. On June 3, 2021, the Life Insurance A
Which music streaming service offers the most value?, Money News,Music streaming is becoming a way of life. In our fast-paced society where convenience is highly valued, music streams faster and relinquishes the need to store tracks on devices. Projections suggest that the music streaming industry w
How young families can maximise government benefits, Money News,As Budget 2020 draws closer, there's been talk about what's in store for Singaporeans this year. So far, we've heard there will be provisions for promoting volunteerism and assisting seniors with their retirement needs. T
The prize behind Singapore's digital bank licenses, Money News,The race is heating up for Singapore's five digital-bank licenses. In Aug last year, the Monetary Authority of Singapore (MAS) started accepting applications for two full licenses and three wholesale (restricted) licenses. Bidd
Dasin Retail Trust share price at $0.81: Is this a buy?, Money News,Dasin Retail Trust is a property trust with a share price (technically known as unit price for REIT s and property trusts) of $0.81 at the time of writing. At that unit price, Dasin Retail Trust is valued at a price-to-book (PB) rat
6 most affordable newly launched 4-bedroom condos going into 2022, Money News,There’s no avoiding the fact that 2022, like the previous year, is still going to be a pricey time to be buying a home. Even new cooling measures are more likely to slow price increases, rather than bring big discounts. Fo
'Since Covid-19, I went from making $100 an hour to nothing', Money News,Gisele Woon has been running MagicPainters, a face-painting service, since 2014. But just as the company was beginning to enjoy steady success, the Covid-19 pandemic brought business to a screeching halt. The 24-year-
US tech mogul Robert Brockman charged in record tax evasion scheme, Money News,WASHINGTON – Technology executive Robert Brockman has been charged in the biggest tax evasion case in US history after fellow billionaire Robert Smith turned against him to avoid prosecution himself, the Justice Departmen
Should you rush through your home loan repayment before interest rates rise?, Money News,Mortgage interest rates are on the way up in 2022. Yes, we’ve heard this before, way back in ’18, but that doesn’t mean the prediction was inaccurate. Covid-19 was unforeseen and prolonged the period of low rate
We ranked the bottom 10 Singapore districts by appreciation, Money News,2021 has been rough on first time home buyers, as well as new investors. With property prices rising across the board, you’d be hard-pressed to find discounts, or even just a bigger condo. But property is always about specifics,
Is the Watertown waterfront view worth a premium over Parc Centros and A Treasure Trove?, Money News,Hello Stacked, I really love the content that you have put up. Great stuff! I am currently contemplating between Parc Centros, A Treasure Trove and Watertown. PC top in 2016, ATT in 2015 and WT in 20
You can now buy a home without selling any of your Bitcoin with crypto mortgages. Here are the pros and cons, Money News,Take a guess which year this was written: When asked which payment method they used most often, 43 per cent of Singaporeans preferred cash, as compared to three per cent who used
What does it mean if your financial advisor has achieved MDRT?, Money News,Insurance agents often throw around the term \”Million Dollar Round table\”, or MDR especially in recruitment drives designed to make their jobs look attractive to potential new agents. But what does the term really mean? And i
Why HDB and private home prices are still projected to rise in 2021, Money News,“Crisis is opportunity”, we’ve heard time and again about Covid-19, the Global Financial Crisis, etc. For those eyeing the Singapore private property market, however, the saying over the past year has been “Where is the
What you need to know about en-bloc sales in 2021, Money News,For those who remember the en-bloc fever of 2016/17, the current Singapore property market may look a little depressing. Back then, a certain Stirling Road plot (today Stirling Residences ) made history by selling for $1 billion; and Shun
The cost of having a newborn baby in Singapore – delivery charges, doctor's fees and everything else, Money News,Congratulations! If you’re reading this, you’re either (a) expecting your first child (because if this is Baby Number two or three, you would not have the time to read) or (b) planni
How we scored a near-200% gain from a stock hidden in plain sight, Money News,Every week, there is a stock out there hitting its 52-week low. In other words, there is no shortage of cheap stocks. These are not hard to find. But low prices alone do not make a stock worth buying. Ideally, the company
Dollar cost averaging: The secret to hassle free investing?, Money News,Investing has become a common method for working adults aspiring for financial freedom. Yet, many of us may be less inclined to invest due to the popular misconception that investing is for the rich and is time-consuming. Accord
Best credit card promotions 2021 – Free money, CapitaLand vouchers & more, Money News,I have to admit, I’m a complete sucker for credit card promotions. These days, even the best credit cards in Singapore compete so hard for new customers, they practically rain Apple AirPods, Nintendo Switches, Capi
7 affordable 4-bedroom condos for $1.1m or cheaper (for bigger families), Money News,As many homeowners know, the trade-off between price and space is a painful one. It’s a real issue with HDB upgraders especially: let’s face it, it doesn’t feel like an upgrade if you’re going from a 950+ sq. ft. fl
10 common misconceptions about home buying in 2022, Money News,If you last bought a home a decade or more ago, today's property market might give you a headache. A lot has changed since then, so brace yourself for some major differences. On top of that, there are some age-old misconceptions abo
With the economy tanking, are your stocks overvalued?, Money News,Economic forecasts are looking terrible at the moment. Yet, stocks are rising, putting investors in a conundrum. Should you sell your stocks now? Or are shares still cheap? There's no easy answer. Advanced estimates from the Mini
The guide you need to refinance your home, car or other loans in Singapore, Money News,What’s the meaning of refinancing? It is to finance something, typically a home or car or big-ticket items, with another new loan, usually at lower interest rates in order for an individual to save money in the lo
GST voucher & U-Save 2021: How much will you get & when?, Money News,The GST voucher is something that many Singaporeans look out for every year. But many don’t know how much they’ll get from the government, and when the GST voucher payout date is. Some of us don’t even know if they qualify — lagi w
How much does it truly cost to maintain a car in Singapore?, Money News,Cars in Singapore are famously expensive. Besides the ridiculously inflated selling prices, there is also a whole list of other costs involved in keeping your car. Here’s our breakdown on how much it costs to keep a car in Singa
The complete guide to transfer of HDB ownership , Money News,Are you a HDB owner or a proposed owner-to-be? Either way, here’s everything you need to know about the conveyancing procedure. If you’re a HDB dweller, there may come a time in your life when you find a need to appoint another owner or si
The ultimate CPF guide 2022: Contributions, interest rates, minimum sums & calculators, Money News,Can you really say that you know where your money goes every month? If you don’t understand what’s happening to that precious chunk of your salary that goes into your CPF accounts through CPF contribut
Couple earning $180k per annum wonders if they should sell their EC for a profit of $650k to buy 2 condominiums or just 1 larger HDB, Money News,Hello Stacked, I enjoyed all the videos and articles produced by Stacked. It is very enriching and informative, especially to newbies like myself when it c
A deep dive into the modus operandi of a renovation contractor scammer and how to deal with one, Money News,Last month, we did a story on a renovation contractor who has allegedly failed to complete renovation work on time (and for one case that we know, failed to start). The contractor is supposedl
MAS rebukes crypto fund Three Arrows Capital, Money News,SINGAPORE – Singapore's financial regulator has accused embattled crypto hedge fund Three Arrows Capital of exceeding its assets threshold and providing false information. Three Arrows (3AC) is one of the highest profile investors hit by
How do you start your own MNC if you have a day job? Inderjit Singh shares his secret to success, Money News,Inderjit Singh is best known as being the former PAP Member of Parliament of Ang Mo Kio GRC for 30 years but he has been an ardent champion of Entrepreneurship and a serial entrepreneur himse
LGBTQ+ guide: Things you should know about buying an HDB flat, Money News,Many would agree that Singapore is leading the world in so many areas. However, one area it has much to catch up with is the attitude towards the LGBTQ+ community. With 80 per cent of Singaporeans living in public HDB flats, i
Going freelance? Here's how you should plan your CPF & finances for 2022, Money News,Back when I started freelancing full-time in 2014, the only friends who were free to meet up with me at midnight were home tutors. Fast forward to 2020 and it seems like everyone is a freelancer. The growing gi
How does Covid-19 change your miles strategy?, Money News,The concern is understandable. I, myself, have had second thoughts about this, but I’m convinced to stay the course. After all, the travel industry has to bounce back eventually, and no matter how grim it looks now, it’s only a matter of time
What's next for Singapore's hospitality REITS?, Money News,For many investors, REITs are seen as a stable and predictable income-generating asset class. But that has changed in the era of Covid-19. Income-seeking investors have relied on REITs as a stable source of dividends for many years
What is the perfect number of stocks to have in your portfolio?, Money News,When it comes to stock investing, there are two broad approaches/strategies: passive investing and active investing. The passive strategy is where you invest in a basket of stocks via exchange-traded funds that commonly trac
Sultan Plaza back up for collective sale with $360m price tag, Money News,Sultan Plaza is back on the market again in what appears to be the first-ever en bloc attempt since the new cooling measures kicked in. The development’s previous en bloc attempt was first launched in January 2019 and carried
First major condo in 8 years in Ang Mo Kio sees 98% sold on launch day, with some families buying more than 1 unit, Money News,SINGAPORE – AMO Residence, a joint private residential project between developers UOL Group, Singapore Land Group and Kheng Leong Company, sold over 98 per cent of units dur
HDB loan vs bank loan: Which is better? 5 things to know before you commit, Money News,Choosing financing for your home is like a game of “Rathers“. You know, where everyone tackles hard questions like “Would you rather be whipped naked down Orchard Road, or rely on the MRT for transport?” But unlik
4 insights from OCBC's latest earnings, Money News,The last of the three big banks, OCBC Bank (SGX: O39), reported its first-quarter earnings last week. Just like the other two banks, OCBC's net profit was impacted by increased allowances for potential bad debts. With more businesses suffe
How much does it really cost to live within 1km of a popular primary school?, Money News,When it comes to buying an HDB flat in Singapore. There’re plenty of things to think about. And if you’re planning to have kids. You’ll probably want to live within a 1km radius of the primary school of your cho
Does paying for the number 8 in your unit number mean more profits? We look at 26 years of data, Money News,As a Chinese, my behaviour and thoughts are influenced by superstitions and beliefs that my parents and relatives planted in me, while I was growing up. Yet, I was not alone, as I observed the
6 reasons why your credit score is bad, Money News,Most of us will never think about our credit score until our credit card application or home loan gets rejected. \”Credit score? Does Singapore have credit score system?\” Yes, we have credit score ratings in Singapore too. It's not an American r
Singtel warns of inflationary hurdles while Airtel turnaround buoys Q1 profit, Money News,Singapore Telecommunications Ltd on Wednesday (Aug 24) warned of a challenging operating environment due to rising inflation and interest rates after posting a 41 per cent jump in June quarter profit. Companies
Which HDB BTO launch in August 2021 should you apply for?, Money News,A typical Singaporean journey consists of a few big financial milestones . And one of the most expensive milestones would be getting our own apartment. Most of us would probably be eyeing an HDB BTO flat for a start. Given how cra
What happens when my HDB flat's lease expires? HDB SERS and VERS redevelopment schemes explained (2020), Money News,What Howard Phillips Lovecraft, the father of modern horror has recognised is that the humans are uniquely vulnerable to uncertainty. I would think that this is why many Singapore
No Signboard's Mom's Touch restaurants issued letter for owing money, Money News,Restaurant operator No Signboard has received letters of demand from the landlords of two of its fast-food outlets, for more than $176,000 in arrears of rental and other monies owing. Its board is of the view
Skypeak @ Bukit Batok review: Spacious grounds, good amenities, but not near an MRT station , Money News,Project: SkyPeak @ Bukit Batok HDB Town Bukit Batok Address: 292A-C Bukit Batok East Avenue 6, 293A-D Bukit Batok Street 21 Lease Start Date: Around 2017 No. of Units: 1,430 SkyPeak @ Bukit Batok
Singapore's Grab says revenue nearly back to pre-pandemic levels, Money News,Singapore’s Grab, which has evolved from a ride-hailing app operator to offer services such as food delivery and insurance, said on Thursday its third-quarter group revenue had risen to more than 95 per cent of pre-Cov
Asia's media and entertainment industry heading for V-shaped recovery?, Money News,Over the past year, the entertainment sector has been one of the worst-hit industries globally. Live concert and movie box-office sales collapsed as theatres shuttered in the wake of nationwide lockdowns and coro
Temasek Holdings sees impact investing at tipping point, Money News,SINGAPORE – Singapore’s Temasek Holdings believes that impact investing has reached an inflection point, with the coronavirus pandemic highlighting deep social imbalances that have intensified the need for such forms of investments.
How to build the best passive income portfolio for your future self, Money News,$5,000 a month in passive income is a dream for many Singaporeans. Here’s how you can build your own passive income portfolio today, so that you can sit back and relax in the years to come. Passive income is income you e
5 new-launch 4-bedroom condos in the Core Central Region for under $2,500 psf, Money News,The Core Central Region (CCR) is never going to be the most affordable area for homes. But the Singapore private property market is nothing but diverse; and even in this region, there are new launches that – co
How FTX bought its way to become the ‘most regulated’ crypto exchange, Money News,WASHINGTON — Before it collapsed this month, FTX stood apart from many rivals in the largely unsupervised crypto industry by boasting it was the “most regulated” exchange on the planet and inviting closer scrutiny from
Life hack: How to save money on… everything, Money News,A recent YouGov study found that out of the eight key issues mentioned by Prime Minister Lee Hsien Loong in his National Day Rally speech this year, economic challenges due to inflation and rising costs of living was most likely to be ranked
Employee's insurance benefits: What should your company be giving you?, Money News,What should you look out for in the insurance benefits your company will be providing? Here's what you can expect to find, before you sign on the dotted line. When it comes to joining a new company, besides
Unit analysis for Parc Residences @ Tengah (August 2020 BTO), Money News,Parc Residences @ Tengah was launched during the August 2020 BTO sales exercise. It is the first BTO development launched in Park district, one of the 5 housing districts in Tengah new town. We look at what to expect in this si
URA wants property developers to be more transparent, asks home buyers for feedback, Money News,The Urban Redevelopment Authority (URA) is asking the public for comments and feedback on proposed amendments to Housing Developers Rules (HDR) such as what they should (or should not) include in advertis
Why every Singaporean needs an emergency fund – and how you can build yours, Money News,Almost every financial advisor you meet will ask if you have an emergency fund in place. You know what the unfortunate thing is? Too many Singaporeans don’t have one! If you’re not too familiar with what an emerg
Musk's all-nighters at Twitter raise concern for Tesla investors, Money News,SAN FRANCISCO — In 2018, Elon Musk was working through the night and sleeping at Tesla Inc's factories in California and Nevada as the company struggled to ramp up production of the Model 3. On Monday (Nov 14), Mu
The $20b jet dilemma facing Boeing's CEO, Money News,Boeing Co CEO Dave Calhoun faces a multibillion-dollar dilemma over how to rebuild sales in its core airliner business that has sparked an internal debate and put the future of the largest US exporter on the line, industry insiders say. Boein
4 ways women are better with money than men, Money News,As we move towards deeper levels of a gender-equal society, here are some things that women are doing better than men when it comes to finances. Viewing the attributes of the male and female sexes as competition is juvenile. However, appreciati
4 unexpected money sources to tap into during circuit breaker, Money News,The extension of the community circuit breaker brings renewed worries. With more businesses forced into a longer shutdown period, the risk to jobs and livelihoods increase. The Monetary Authority of Singapore has just confirme
How much do you need to earn to reach CPF Basic Retirement Sum (BRS)?, Money News,Every now and then, I’d hear news or see articles talking about CPF . If there’s a topic that would always pique the interest of Singaporeans, this is would be it. I’ve seen the numbers of CPF retirement sums floating
What the GameStop fiasco can teach us about investing, Money News,To the moon. Diamond hands. You may have heard or seen these terms recently. If you haven’t and are wondering, “simi lai eh?”, these terms originated from the r/wallstreetbets community on Reddit, referring to a stock that’s about to
'Sell 1, buy 2' or just buy a bigger condo unit?, Money News,With a bumper crop of resale flats hitting the market, and prices rising across the board, it seems the Singapore private property market is in upgrading mode; and so much for the coronavirus. This inevitably brings up the upgrad
Is there still a chance of cheaper HDB resale flats in 2021?, Money News,2021 has been one of the toughest years for first-time homebuyers; and for those who want resale flats, it gets worse. Take a deep breath, because as of Q3 2021…resale prices are now officially worse (higher) than they were eve
Singapore public transport fares increase: Here are 5 ways you can save money on bus and MRT fares, Money News,Unless you have been living under a rock, you would have heard the news that there will be a public transport fare hike taking effect from Dec 26, 2021: And frankly, this fare hike is a bum
A guide to financing your first home, Money News,The Monetary Authority of Singapore (MAS) has warned Singapore households to carefully assess their ability to meet mortgage obligations, as households have amassed a larger pile of debt than they had before Covid-19 struck. So, what do homeowners nee
1,679 sq ft penthouse at Copen Grand sold for $2.173m, a record for new-launch ECs, Money News,Much has been said about Copen Grand – the first executive condominium in Tengah Town. Less than a week after its sales gallery opened on Oct 7, the 639-unit project saw around 20,700 visitors throng its s
Here's how to pick strong dividend companies that can survive recessions, Money News,In these tumultuous times, investing in the stock market may seem daunting. With many stocks being battered down, they could be selling at enticing dividend yields, giving investors a massive headache when it c
Mungerism – 5 timeless quotes from Charlie Munger about investing, Money News,Charlie Munger is the business partner of Warren Buffett at Berkshire Hathaway. Although Munger doesn't share as much of the spotlight as Buffett, his investment approach is said to have keenly influenced Buffett over
How did US stocks fare when America stumbled?, Money News,Healthy is not the best word to describe the condition of the US right now. The US accounts for around 28 per cent of all the Covid-19 cases in the world, despite making up just 4 per cent of the global population. Its economy – the world
HDB BTO launches in 2021 (Bukit Batok, Tengah, Kallang – Whampoa, Toa Payoh – Bidadari), Money News,The February 2021 HDB BTO launch will feature an estimated total of 3,550 new BTO units, spread over 7 locations across Singapore. November 2020’s HDB BTO launch too soon for you and your bae? Well, t
Best credit cards for paying insurance premiums in Singapore 2022, Money News,Premiums for medical insurance or life insurance can run into the hundreds each year or, if you're a bit older, thousands. That's why it's so worthwhile signing up for a credit card that rewards you when you
Govt to match CPF top-ups for half of those aged 55-70, Money News,SINGAPORE – A total of 440,000 people will be able to receive matching amounts of up to $600 annually for cash top-ups made to their Central Provident Fund (CPF) retirement accounts, under a new scheme which kicks off this year. They
6 ECs with units less than $1m and more than 1,000 sqft + big price gap , Money News,To some Singaporeans, resale ECs are guaranteed money-makers: they’re halfway to full privatisation, there’s no Minimum Occupation Period (MOP), and no upfront Additional Buyers Stamp Duty (ABSD) if you’re upgrading
6 best crowdfunding platforms to kickstart your business, Money News,Crowdfunding might just be the thing you need to turn your business idea into reality. Raising business capital is never an easy or straightforward task regardless of how entrepreneurial one may be. Here’s where crowdfunding can ma
12 areas with the most affordable 40-year-old resale HDB flats in Singapore, Money News,What’s a home buyer to do, in a time of rising prices across the board and Covid-19? The answer may lie in older resale flats. While lease decay is an issue, these flats also tend to be larger, more affordable, a
Netflix in talks for advertising tie-ups, Money News,Netflix Inc is in talks with several companies for advertising partnerships, co-CEO Ted Sarandos said on Thursday (June 23), as the streaming titan looks to plug slowing subscriber growth by rolling out a cheaper plan with ads. Media reports from
One-North Eden review: Attractive rentability with an element of ownstay, Money News,Score: 75 per cent Unit Efficiency 4/5 Unit Size 3.5/5 Quality of Fittings 4/5 Design 3.5/5 Variety of Facilities 2.5/5 Quality of Facilities 4/5 Surrounding Amenities 4/5 Developer 4/5 Transport Links 4/5 Driving A
Credit cards for foreigners working and staying in Singapore worth applying for, Money News,Picking the right foreigner credit card for your needs and spending habits isn’t rocket science. Here, we’ve sussed out credit cards deserving of your attention. Whether you’re looking to settle in Singapore
Is the new DBS reverse mortgage loan good for the asset-rich, cash-poor retirees? , Money News,DBS and CPF have tied up, to create the new DBS Home Equity Income Loan. This helps older Singaporeans to monetise their property assets, without having to sell. The concept behind this loan isn’t new (ban
The future of digital real estate and the metaverse: Should you invest?, Money News,The Metaverse is the latest buzzword, with some investors now rushing to buy digital real estate. As with most novelties, the current buyers are trying to get in on the ground floor – purchase while the public is sti
From bags to watches: Are alternate investments worth dipping in?, Money News,In 2020, the prices of many traditional assets went up after the pandemic dip. Ranging from enquiries to cryptocurrency to property. However, traditional assets are not the only things that have seen a rise in prices and a
How to help your children become early investors, Money News,As parents, our focus tends to remain on ensuring that our kids receive the best of education, feel emotionally stable and turn out to be polite, law-abiding citizens. We also leave no stone unturned when it comes to providing them a finan
The MAS wants Singapore banks to cut their dividends. What does it mean for investors?, Money News,On July 29, 2020, the Monetary Authority of Singapore (MAS) released a statement recommending that Singapore banks (i.e. DBS, OCBC, and UOB ) cap their FY2020 dividend per share at 60 per cent of their
Can I take a personal loan? Find out with these 7 questions, Money News,Take a moment to find out what personal loans are, and learn what to do if and when you need them. A personal loan is an unsecured loan that you can use for pretty much whatever you want. You can use it to finance a medical emer
Who will win the video streaming wars?, Money News,I cancelled my StarHub cable TV subscription more than three years ago to save some money by signing up for Netflix. I'm not the only one within my social circle to do so. In fact, many Singaporeans have done the same. StarHub has lost over a t
Pain is part and parcel of long term investing, Money News,Much ink has been spilt about the great benefits of investing in the stock market. We constantly read about the power of compounding, how investing in stocks can help you beat inflation and the beauty of passive income from dividends. But th
Meyer Mansion review: A freehold condominium along East Coast that provides enviable unblocked views, Money News,Occupying a location that has attracted Singapore’s most discerning individuals for more than a century, Meyer Mansion boasts all the benefits and comforts of the modern world — and yet,
3 reasons donating money can be good for your wallet, Money News,Singapore has one of the highest GDP (in PPP) per capita worldwide. Despite this, Singaporeans tend to donate less than those in other wealthy nations . However, donating money to charity is a great way to spend some of the additional
What is the best performing tech stock during the pandemic? (Hint: It's not Zoom), Money News,A smaller and lesser-known company has dethroned Zoom Video Communications (NASDAQ: ZM) as the best performing tech stock during the Covid-19 pandemic. With a market capitalisation of US$8.7 billion (S
Singapore Airlines raises $663m in US dollar debt debut, Money News,HONG KONG, Jan 14 – Singapore Airlines has raised $500 million (S$663 million) in its first US dollar bond issue, which the company will use to buy new aircraft as the global aviation industry prepares for a post-pandemic travel reb
Single and 35 years old? Here are your HDB options (BTO + resale affordability calculations), Money News,The Singapore public housing market, while often regarded as one of the most successful in the world, comes with one little glitch. A common complaint is that for single Singaporeans – or couples
Crypto firm Celsius pauses all transfers and withdrawals between accounts, Money News,Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to \”extreme market conditions\”, the company said on Monday (June 13), in the latest sign of pressure in the cryp
3 easy methods to conduct your own property valuation in Singapore, Money News,Is valuation an art or a science? It’s an age-old question that has been asked many times, and while you’d get a mix of different responses depending on who you ask, I think most would agree that it is definitely a combin
Do you really need critical illness insurance? Here are 4 reasons why you probably do, Money News,When you’re young and healthy, it’s easy to think that you’ll always stay that way. While that might be the case if you’re lucky, did you know that almost one in every four people in Singapore develop c
Ultimate compilation of cheapest movie tickets & promos in Singapore, Money News,As much as we love TV streaming services like Netflix, it’s hard to beat the experience of going to the movies. Imagine enjoying the latest Hollywood blockbuster on the big screen with your favourite snacks and drink in
Best fixed deposit rates in Singapore (July 2022): DBS, UOB, OCBC and more, Money News,Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park your money with
All 5 new launch executive condos on the market in 2021 (February update), Money News,Upgrading to a condo might sound great – but if the thought of upfront Additional Buyers Stamp Duty (ABSD) and a high quantum are off-putting, remember you always have the option of an Executive Condominium (EC). T
Elon Musk's Twitter ownership begins with firings, uncertainty, Money News,Elon Musk became Twitter Inc's new owner on Thursday (Oct 27) firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the
Here's how much you earn as compared to your neighbours, Money News,I remember when I was younger, I went to a friend’s place for a Christmas gathering. It took me a while to get there, having to weave through several lanes filled with glamorous-looking residences that looked like they came str
S'pore Robo advisors: High cash management rate just a marketing ploy to get your money?, Money News,Singapore Robo advisors: The chase for higher yield offering In today’s low-interest-rate environment where major banks in Singapore have cut the interest rates on their high-interest rates savi
A beginner's guide: How to buy Bitcoin and other cryptocurrencies in Singapore, Money News,Unless you have been living under a rock, there’s a high chance that you may have heard of a little cryptocurrency called Bitcoin (commonly abbreviated as BTC). Especially after a filing with the US Secur
3M cuts 2022 profit outlook amid decline in mask demand, Money News,MINNESOTA – 3M on Tuesday (Apr 26) trimmed its full-year profit outlook as demand for its disposable N95 masks slumped in the face of waning Covid-19 cases and the industrial giant continues to grapple with surging inflation. The bi
6 upcoming luxury new launch condominiums in 2021, Money News,March 2021 saw a surge in new condo sales; 1,293 units as opposed to 645 in February. Now that alone isn’t surprising – the Chinese New Year period is usually slow, so the month after always sees a big surge in sales. What’s interesting i
Grow your wealth mindfully: Everything you need to know about ESG investing, Money News,ESG investing has been on a roll in recent years. Find out how you can craft a portfolio that’ll align with your beliefs while keeping your wealth accumulation plan on track. It’s crystal clear that the world is
5 factors that Singapore investors need to consider before investing in bonds, Money News,2020 has proven to be a tricky year to invest in the financial markets. After witnessing one of the worst stock market crashes in recent times, where broad country indexes such as the S&P 500 declined by ab
CPF Matched Retirement Savings Scheme: Who is eligible & how it works, Money News,Topping up your parents’ CPF Retirement Account has long been a way to offer financial support to family members. Now, you might be able to get money from the government when you do it. The CPF Matched Retirement Savin
Safe-haven assets in 2022: What are they and how can you invest in them?, Money News,Market volatility can shake investors’ faith, particularly in risky investments such as stocks — which is why many investors tend to shift their money towards safer investments when markets grow uncertain. The unsta
Is CapitaLand Mall Trust oversold because of Covid-19?, Money News,As we continue our month-long hibernation, one can only pause and reflect at how our world and society have been immeasurably impacted. Covid-19 has accelerated the global mega trends taking place prior to this crisis. E-commerce pla
2 blue-chip companies for your retirement portfolio, Money News,When it comes to your retirement, having peace of mind is a top priority. After spending almost half a lifetime working, it’s great to be able to look forward to your golden years. Having a robust retirement portfolio can help you get t
Budgeting your tips when you go overseas, Money News,How many times have you looked at your credit card bill and were shocked to find you spent way more on your trip than what you anticipated? As you look through the charges, you notice that the small charges for a souvenir here or a cafe visit adde
Can you still invest in REITs with just $1,000?, Money News,Whether you are young or old, it’s always important to have a habit of saving money. With your savings socked away for a rainy day, you can slowly but surely build up a small pool of money. This pool can be used for emergencies such as job
Financial giants tiptoe into TikTok, Money News,NEW YORK – As TikTok accounts focused on money gain huge followings, stodgy financial firms are wedging themselves into youth-oriented social media platforms for a piece of the action. Independent \”FinTok\” influencers like Mark Tilbury (@marktilbury, 7
He believes that IoT is here to stay despite security challenges, Money News,A quick word with Edmond Looi, director of DVUCA, an Internet of Things solution provider. LET'S START WITH THE COMPANY'S NAME. HOW DO YOU PRONOUNCE DVUCA? It is pronounced D-Vuca. DOES IT STAND FOR ANYTHING? VUCA
Best investment sign-up promotions in Singapore (2021), Money News,Here are 8 investment sign-up offers that can save you money and boost the growth of your portfolio. Everybody loves a good deal, and when it comes to investing, the best deals are the ones that give you free money. If starting an in
Singapore trading platform recognises crypto assets of accredited investors, Money News,SINGAPORE – Singapore-based private securities platform ADDX said it has become the first financial firm in the city-state to recognise cryptocurrency in their assessment of assets of high-net worth clients. The
What investors don't get about Netflix, Money News,As one of the best performing stock of the 2010s, it is no surprise that Netflix is also one of the most talked-about stocks on the internet. But despite the seemingly endless discussions online, I still think there are some aspects of the comp
11 proposed developer changes to help homebuyers, Money News,URA is proposing some amendments to the venerable Housing Developers Rules. This set of laws covers a whole range of topics, from the way properties, are marketed, to the way you book a new launch unit. We will be going through each of the
How endowment insurance plans work: Terms and conditions you need to know, Money News,In a recent complaint, a man who owned a 10-year endowment insurance plan in Singapore claimed to experience a 5 per cent drop in bonus and end up receiving $25,000 less in maturity value. Is it truly possible for
An A to Z of the supplementary Resilience Budget 2020, Money News,Yesterday, Deputy Prime Minister and Finance Minister Heng Swee Keat delivered a supplementary budget to greatly enhance the support given to Singaporean households and companies amid the deepening COVID-19 crisis. Here are 26 importa
Breaking down the relaxed regulations on REITs in Singapore, Money News,The MAS has increased the gearing limit for REITs in Singapore and extended the deadline for REITs to pay out at least 90 per cent of their distributable income. In light of the challenges that real estate investment trusts (REI
3 lessons learnt from 1 painful investing mistake, Money News,I've made my share of mistakes while investing that ended up as expensive lessons. In this article, I share one particularly painful mistake and three lessons that I took from it. What happened? In October 2015, I bought shares of Ch
Will coronavirus kill the commercial REITs?, Money News,Almost instantaneously, Covid-19 has changed the way we work, live, and play. For one, the office is no longer the traditional space as we know it. Tobi Lutke, founder and CEO of Shopify, daringly went on to declare in a recent tweet that \”offi
$330k for a leasehold landed property? Here's where to find the cheapest landed homes in Singapore, Money News,It’s commonly known that landed properties are the most expensive form of property. However, what’s less known is that the landed segment is a two-part market: in no other segment is t
February 2023 HDB BTO overview: Jurong West, Kallang/Whampoa, Queenstown and Tengah, Money News,February 2023 HDB BTO sales exercise: This time, we have 4,428 flats available for balloting. Units are spread across four HDB towns: Jurong West, Kallang/ Whampoa, Queenstown and Tengah. (Do note that th
6 policy changes implemented in Singapore by Jan 2020 that will affect you financially, Money News,The year 2020 heralds many exciting milestones, many of which were announced some time ago and have far-reaching implications for the lives of Singaporeans and their personal finances. #1 INCREASE IN M
Dividend stocks vs growth stocks vs value stocks: Which is the best investment strategy for you, Money News,When it comes to investing in stocks, I would think that majority of investors are looking to fulfil two main objectives: Buy stock and sell it at a higher price for capital gains Buy stock fo
Do's and don'ts of a Debt Consolidation Plan, Money News,Observe these do’s and don’ts when using a Debt Consolidation Plan (DCP) to manage overwhelming credit card debt. When debt coming from multiple credit cards becomes too much to handle, a Debt Consolidation Plan (DCP) can help rebuil
American Express True Cashback Card review: A low-effort card with no limit on cashback, Money News,The Amex True Cashback Card is a super low-effort gives you 1.5 per cent cashback on virtually anything you spend on, and there is no limit to how much cashback you can get every month. What’s more, i
How to lower your car insurance premiums when working from home in Singapore, Money News,Covid-19 has brought about many negative changes in our world, but some would say there have also been a few upsides: A slower pace of life and the opportunity to work from home. Often the latter also means less
What impact do the units for sale at Sim Lim Square have on Singapore nightlife?, Money News,Mention Sim Lim Square, and for some, it'll conjure up images of shady salespeople trying to rip off unsuspecting customers (who are less tech-savvy) trying to purchase electronic goods. The notorious m
Smart look at the week ahead: US jobless on the rise, Money News,Just about every piece of economic data will probably be pushed to the side-lines, unless it has something to do with Covid-19. Anything that happened before the pandemic is almost irrelevant. Anything that happened afterwards could be
I lost $5,400 in a rental scam in Singapore – here's my story and how these scammers work, Money News,The property rental market is booming in 2022, and tenants are fighting tooth and nail for affordable accommodation. This sort of scenario is fertile ground for rental scams: tenants who are in
Benefits of a healthy credit score in Singapore, Money News,Credit score is often a rarely talked about topic in personal finance. Interestingly, the Monetary Authority of Singapore (MAS) has authorised only two credit bureaus to issue credit reports and credit scores. These are the Credit Bureau of
3 growth stocks you should not miss out on, Money News,As a Smart Investor, our job is to find companies that can grow through adversity. The hallmark of a growth company is a strong and recognisable brand name, a sturdy competitive moat and the ability to evolve and latch on to new trends. Of cours
Touring Namly Estate: Freehold spacious landed homes near good schools in a central location, Money News,Last week, I toured Frankel Estate (as requested by a reader) and noted how it had some similarities to Sixth Avenue. This week, another reader asked for a tour of Namly Estate, so off I went to
Buying a property with a foreign spouse in Singapore? Here’s all you need to know, Money News,One of the most overlooked groups of buyers is Singaporeans with foreign spouses. From stamp duty rates to housing type restrictions, this group faces more headaches than the typical home buyer. Did you kno
Looking ahead at 2020: An investor's guide, Money News,In 2019, the slowing global economy, the US-China trade war, Brexit and President Trump's impeachment dominated headlines. The media painted a dismal picture of these events and markets reacted erratically over the course of the year.
5 investing mistakes that are easily avoidable, Money News,It’s natural for many investors to focus on their recent wins and good investment decisions that they made. On the other hand, it is rare for investors to put their mistakes up for scrutiny. However, it’s only through the admission of errors
5 HDB flats built in the 90s with unique layouts, Money News,As someone who writes about real estate, I’ve visited more than my fair share of HDB developments in Singapore. While some have been quite conventional, there have been some that have surprised me with just how distinct they are. So if you
Will cheaper house loans for you spell trouble for Singapore banks?, Money News,The US Fed Reserve moved to lower interest rates to zero overnight, in what was the largest single-day rate cut since the Global Financial Crisis (GFC). If interbank interest rates in Singapore were to decline in tandem,
7 CNY 2022 part-time jobs: Where to earn money if you are too free, Money News,So, you’ve got a bit of time on your hands over the Chinese New Year break. You’d like to make a bit of spare cash, but no, you’d rather not try to do so by gambling with a herd of shouting Chinese aunties and uncles. Why
We reveal how much property agents in Singapore are really making, Money News,With commission rates of around 2 per cent (it can even be 3 to 4 per cent for new launches), there’s an impression that property agents are rolling in dough. Many clients certainly feel that way, with the average commissi
Sky Eden @ Bedok condo review: Convenient living in a mature estate, Money News,Our verdict 78 per cent Overall rating Formerly a shopping mall known as Bedok Point, Sky Eden @ Bedok is the only new launch development in the neighbourhood over the past decade. Despite having a site area of less than
Should you stay invested or hold off until better times?, Money News,The Covid-19 pandemic seemingly still weighs heavy on sentiment, highlighted by the US Republicans unveiling their latest 1 trillion dollar Covid-19 stimulus bill and the geopolitical tensions between the US and China still on the
Does higher income equal more happiness for Singaporeans?, Money News,Just the other day, I came across this study from the Lee Kuan Yew School of Public Policy Institute of Policy Studies (IPS) entitled Lived Experiences in Singapore: Key Findings From The World Values Survey on our Seedly communit
Buy 3-room flat now, own 2 properties later: 7 reasons why these flats are an underrated choice, Money News,Among Singaporeans, there's an unspoken agreement that – if you buy an HDB flat – you should go for the largest flat type you can get. It's not always just about having more space or
Are good views worth the premium? Here's a short study on 6 different condominiums, Money News,Most of us know that units with a better view (which also tend to be higher-floor units) come at a premium. But this is also one of the features that’s hardest to quantify. How much would a future buy
Turf City lease expires end-2023 to make way for housing. Here's what it's like to live there, Money News,Singapore Land Authority (SLA) and URA announced on Sept 30 that tenancies at Turf City will be extended till Dec 31, 2023. This marks the final lease extension before the land is prep
How much does it cost to be trained as a yoga teacher?, Money News,If it isn't obvious by now, you'd realise that the writers here at Seedly LOVE yoga. We've written extensively about Free Yoga Classes in Singapore, and even on how to open a yoga studio in Singapore. Truth to be told,
What should you check when buying a tenanted property in Singapore?, Money News,You’ve found the ideal property that’s five minutes from work and the children’s school, but there’s just one issue: a tenant is living there, and his lease only expires almost 10 months from now. That’s a long time to w
Everything you need to know about HDB fire insurance in Singapore, Money News,You may have heard of instances of fire breaking out in houses, shops, buildings etc in the newspapers, media channels, or even from your family and friends. Just recently, a fire had robbed a family of a precious family m
Watch out for these 5 key red flags to avoid shocks like AirAsia , Money News,Recently shareholders of AirAsia Group Bhd and Atta Global were shocked to learn that key executives in their respect companies were caught up in claims of severe misconduct. Last week, AirAsia's name came up in a UK
Top 10 Singapore districts with the highest PSF appreciation, Money News,Property in Singapore is really an ever-changing market. If you haven’t been in touch with the property market for the past few years, you may be totally lost at all the new rules, cooling measures, and just how much prices hav
Shophouses are the next hot real estate investment, Money News,In 2005, a shophouse in Duxton Hill transacted at $385 psf (pictured, above). That same shophouse is now valued at $3,000 psf. Shophouse and boutique hotel specialist with List Sotheby’s International Realty Simon Monteiro explains the a
Cuscaden Peak seeks to win over shareholders in tussle for SPH, Money News,Cuscaden Peak, which trumped a bid to take control of Singapore Press Holdings (SPH), is seeking support from SPH's shareholders to vote against its rival's offer as it aims to seal the deal, a senior executive told
Man who says he invented Bitcoin wins fight over $73.9 billion in the virtual coin, Money News,NEW YORK – A computer scientist who has claimed to be the inventor of Bitcoin largely prevailed on Monday (Dec 6) in a Florida jury trial over whether the estate of a former business partner deserved half
May 2022 HDB BTO in-depth review: Yishun, Money News,If you didn’t manage to snag a flat in last February’s Yishun BTO, you might want to consider balloting for this year’s May 2022 Yishun HDB BTO. HDB launched a total of 5,330 BTO units in May, with Yishun making up 640 units. That’s around 12 per
DBS, OCBC or UOB: Which bank gives you the greatest dividend yield?, Money News,Our local banks are known to offer solid dividends. Here’s how much shareholders would have received in 2020 by investing in each of these banks. DBS, OCBC and UOB are the banks that locals would be familiar with, being
5 foolproof ways to improve your credit score, Money News,At some point in most Singaporeans' lives, they would inevitably have to take out a bank loan — be it to buy a house, a car, set up a business, pay for their higher education or their kids' education. In times of emergency when a la
4 ways to end 2019 on a good financial note, Money News,It isn't uncommon for a financial plan to not shape up as you might have wanted it to. There are several factors that can contribute to the failure of a financial plan, and there are more than a handful of articles that speak about how you
How freelancers can manage their finances like a pro, Money News,Coffee meetings at 11am, yoga sessions in-between conference calls, attending networking/Zoom drinks daily, this is the life you imagine as a freelancer. While calling your own (work) time is a dream of many, the grass isn't alway
Nov 2020 BTO Sembawang: Unit analysis for Sun Sails, Money News,Sun Sails was launched during the Nov 2020 BTO sales launch. We take a look at this Sembawang BTO in our analysis and see which unit you should go for when selection starts in January next year. Overview We visited the site during a wee
Robinhood, gateway to 'meme' stocks, raises $2.85b in IPO: Source, Money News,NEW YORK – Robinhood Markets, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year's \”meme\” stock trading frenzy, raised US$2.1 billion (S$2.85 bi
Old HDB flats are being snapped up by young Singaporeans, but why? , Money News,In the past year, we’ve seen a renewed surge of interest in younger couples who are buying older (40+ year old) HDB flats. This runs contrary to attitudes from five years ago, when HDB flats were often criticised as “99-
Amex KrisFlyer credit card: Is it worth applying for if you're looking for the perfect air miles credit card?, Money News,The Amex KrisFlyer Credit Card is one of the cards officially co-branded with Singapore Airlines KrisFlyer, making it super easy to use since miles you earn are credited dir
Strategise your BTO application: Is it more advantageous to apply for your HDB BTO flat later in the BTO application period?, Money News,You can check the number of applications received for the February 2021 BTO launch and the number is updated at 8am, 11am, 2pm and 5pm daily. The final count of th
4 upsides to managing your own money, Money News,Many people engage financial advisers to manage their money for them, but if for whatever reason doing so isn’t an option for you right now, it’s perfectly OK to manage your money on your own. In fact, there are a couple of upsides to doing it by your
UOB One account review: Go for it if you hate maths, Money News,If you're looking for a day-to-day savings account that will give you more returns than just 0.05 per cent p.a., there are plenty of options available in Singapore. The problem is, most of them require you to jump through hoops, an
How changes to Grab rewards from March will affect you, Money News,Looks like all good things eventually come to an end. Grab is reportedly set to reduce the amount of points you can earn per transaction and increase points needed to claim rewards from March 2, 2020, onwards. Currently, a Platinum G
3 women break through gender barriers in finance and business, Money News,I'll be honest, March 8 was never a special day for me. As a man, International Women's Day always felt fairly distant. Other than the occasional greetings to the ladies around me, I didn't usually think too muc
Money Muse: She took on 9 tuition jobs to finance her overseas exchange programme, Money News,Money Muse is AsiaOne's maiden series of profile interviews with financial and investment bloggers where we learn more about what they do, how they started writing, their motivations as well as lessons
3 blue-chip stocks that are perfect for your CPF Investment Account, Money News,Singapore’s Central Provident Fund (CPF) scheme provides a safe oasis from the Covid-19 pandemic. The CPF Ordinary Account (OA) pays out an interest rate of 2.5 per cent per year and has been doing so for many decades. A
How does 2020's low interest rates impact your property purchase?, Money News,If you have been on the lookout for a home this year, you’ve probably heard this many times by now. Now is a good time to buy, as the costs of borrowing money is so much lower. Put simply, a $1 million mortgage spread
Perennial acquires Big Box mall for $118m, plans to convert it into business park, Money News,SINGAPORE – Former Big Box shopping mall in Jurong East has been acquired by Perennial Real Estate Holdings for $118 million, said the developer on Friday (Dec 4). Over $70 million is expected to be investe
Best savings accounts 2021: Highest interest rates for working adults, Money News,2020 has not been the best for of years if you have your money in a savings account with high-interest rates. As the world reels from the impact of Covid-19, central banks around the world have been cutting their bench
5 best robo advisors to auto-pilot your investments in Singapore, Money News,Robo advisors are an increasingly popular choice among the younger generation of investors. But with more choices than ever, which should you choose (and why)? Here are our top five picks. As of 2020, Singaporean robo advis
Life insurance in Singapore: The basics of whole life and term insurance, Money News,This whole insurance thing really does take a while to wrap your head around. The words \”whole life insurance\” and \”term insurance\” don't really mean or explain very much to the average person. The typical Sing
I'm a working adult: What type of insurance do I really need?, Money News,Insurance can feel like a huge topic to tackle. Schools never taught us about it, yet we are expected to ace it like a pro after graduation. With the multitude of options and plans available, it can get intimidating tryin
8 investment masters to follow in 2021 for a solid portfolio, Money News,Follow these eight investment masters for tips and insights on starting a successful investment portfolio. If there’s one thing 2020 has taught us, it’s the importance of being prepared for a rainy day (or, more like a rainy ye
Bank loans vs licensed moneylender: Which is better?, Money News,From big-ticket purchases to emergency expenses, many often turn to take up personal loans to fund such purchases. When deciding to take up personal loans in Singapore, you will be faced with two options: Whether to acquire a bank pers
High number of bids for Dairy Farm Walk and Bukit Batok West EC GLS, Money News,URA and HDB have closed the GLS tender earlier today on March 8 for the Dairy Farm Walk and Bukit Batok West Avenue 8 EC sites. Both sites attracted several bids, with seven bids for the Dairy Farm Walk site and nine bid
Russia slips into default zone as payment deadline expires, Money News,LONDON – Russia looked set for its first sovereign default in decades as some bondholders said they had not received overdue interest on Monday (June 27) following the expiry of a key payment deadline a day earlier. Russia has st
Understanding balance transfers: How much can you really save in interest?, Money News,You may have read about how a balance transfers can act as a zero-interest shortcut to paying off debt. But like all debt management tools, a balance transfer has its own unique set of pros and cons. Here’s everyt
Top tips to maximise rewards on your credit card spend, Money News,As a long-time credit card user and savvy spender, having the knack to earn and maximise all the rewards that come with this little piece of plastic are part of your muscle memory. We all know how cashback works — when you charge eli
Link REIT is frontrunner to buy several malls, including Jurong Point: Sources, Money News,SINGAPORE — Link Real Estate Investment Trust, Asia's biggest REIT, has emerged as the frontrunner to buy a portfolio of assets from Singapore shopping mall owner NTUC Enterprise Co-operative Ltd, multipl
Warren Buffett sold Goldman Sachs – are banks overvalued?, Money News,Last Friday, Berkshire Hathaway (NYSE: GS), Warren Buffett's company, revealed that it had sold 84 per cent of its position in Goldman Sachs (NYSE: GE). Buffett's move to sell a high-profile bank gained a lot of attentio
HDB loan vs bank loan: Which one should you pick?, Money News,Choosing between a HDB loan or bank loan is never a straightforward decision. Your financial situation and personal preference will almost invariably play a big part in helping you and your partner decide on the loan that suits your requi
New condos that saw prices fall soon after completion: What went wrong?, Money News,We all say we want a running start to our home values; but we don’t mean a running start off a cliff. Sometimes though, that’s exactly what happens: The price looks like it’s going to hike up all the surrounding prop
Here's how much the cheapest condos and HDBs have risen in price since 2020, Money News,With private home and resale flat prices rising across the board, is a cheap home even possible in 2022? It’s a tough year for first-time home buyers, and even HDB upgraders have been slowly starting to be p
Personal finance lessons we can learn from this millionaire janitor, Money News,To be a millionaire, you need to have a high-paying job or be a businessman. At least that’s what we commonly hear. But there are people who have quietly amassed wealth even with an ordinary job. Enter Ronald Read. I rec
International Women's Day: 10 female finance & investment blogs to follow, Money News,These days, Singaporean women are just as likely to be seen making stacks of cash or investing in assets, as they are raising kids or cooking for the family. That said, with a gender wage gap of 16.3 per cent
With cooling measure restrictions, would buying overseas properties be viable?, Money News,Hot on the heels of every cooling measure announcement in Singapore, the recent one being Dec 16, 2021, some of you may see e-mailers promoting overseas property projects trying to get your attention. Ever sin
Here's what you can do to better yourself while staying home, Money News,While we don’t know how long this “partial lockdown” will last, what we can control is how we choose to respond during this crisis and how we spend our time. As much as you’re tempted to just Netflix and chill this whole m
Apple stocks getting sliced: What investors need to know about Apple's upcoming stock split, Money News,On July 30, 2020, Apple released its third-quarter results for 2020. In classic Apple fashion, the company announced ‘one more thing.’ Apple’s 2020 stock split In an unexpected move, Apple an
How big of a 'windfall' is a prime region HDB flat?, Money News,Resale flat sellers have had some grim looks over the past few days. With potential new resale restrictions brewing, it’s been a big talking point over whether we’re seeing the end of high priced prime region HDB resale flats.
How to obtain a cashier's order in Singapore: Step-by-step guide, Money News,What on earth is a cashier’s order? You may not have seen one, you have never needed one but chances are, you are going to need it someday when you are truly #adulting. When it comes to large expenses such as the down
COE analysis: Will the 100k mark be crossed for the first time since 1994?, Money News,SINGAPORE – The first Certificate of Entitlement (COE) bidding exercise for March 2022 saw premiums rise across the board once more, with the larger Cat B and Open categories now firmly ensconced well into the $90
Beginner's guide to CPF Retirement Sums (and how to get there), Money News,Singaporeans turning 55 this year are exhorted to have at least $90,500 in CPF savings (excluding Medisave) in order to meet the Basic Retirement Sum. Even more panic-inducing, if you’re 30 years old currently, the Basic
Short squeeze madness: 3 things you can learn from GameStop's stock going up 345% in 3 weeks, Money News,About four months ago, GameStop Corp’s stock price was just $6. It was also one of the most shorted stocks in the US stock market, with more than 138 per cent of its traded/float shares sold
Tesla loses $174b in value amid Musk Twitter deal funding concern, Money News,Tesla Inc lost $126 billion (S$174 billion) in value on Tuesday (April 26) amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout
UOB's latest results: 8 things you need to know, Money News,All three local banks reported their second-quarter earnings last week. Granted, it was not a pretty picture but investors should have seen the carnage coming. Covid-19 has swept through the globe like a cyclone and left a path of dest
CPF interest rates: Minimum 4% on Special, MediSave, and Retirement Accounts extended till 2021, Money News,Breaking news! Since Jan 1, 2008, the Government had committed to providing a 4 per cent interest floor rate for Special, Medisave, and Retirement Account (SMRA) CPF monies for two-year period
Credit counselling & debt management programmes in Singapore: How can they help?, Money News,Singaporeans are used to being self-sufficient and never relying on hand-outs. While that's definitely made us resilient, it also means that we end up feeling like we have no one to turn to when we run
3 cashback and rewards programmes Singaporeans should already know, Money News,Shopping and dining are the favourite pastimes of many Singaporeans. Nothing beats the thrill of getting more bang for the buck with discounts, gifts and promotions from their spending, and this could be why cashback and
50 new-launch condominiums with balance units remaining in September, Money News,New launch condo units are still moving fast, despite the increasingly higher prices. If you’ve been keeping a close watch over the numbers, it is quite shocking to see how quickly the units have moved. There were a few
7 cancer insurance plans with best benefits suited to you, Money News,If you’re a Singaporean, statistically, cancer is the most worrying cause of death. And although medical technology has greatly increased our chances of surviving cancer, the impact on our finances can be dire. Here’s why you shou
Insurance savings plans: Singlife Account vs GIGANTIQ vs SingTel Dash PET, Money News,Featuring greater flexibility with high-interest yields, meet the new generation of insurance-savings hybrids. If you’ve ever been torn between saving money and having insurance protection, you’d be glad to know th
How much can each candidate spend on the Singapore General Election, Money News,The big news yesterday is that the Singapore General Elections will be held on July 10, 2020. In total, 93 seats will be available across 17 Group representation constituencies (GRCs) (4-members and 5-members) and 14 Sin
5 essential tips to get rid of debt in 2021, Money News,Cliched as it sounds, one of the first steps to getting out of debt is to actually realise and acknowledge that there’s a debt issue that needs to be resolved. Once you’ve done that and evaluated the level of debt you’re in, consider half the j
9 best air miles credit cards for globetrotters , Money News,Ah, the air miles credit card. Clearly the most glamorous of all credit cards. Every time you use one, you're reinforcing your image as a globetrotting, wanderlusting, jet-setter. But more importantly, you earn frequent flyer miles at
Unique District 10 Jalan Jelita bungalow for sale for $20.5m by private offer, Money News,A District 10 bungalow at Jalan Jelita has just been offered for sale for $20.5m. At $3,402 psf, the property is accepting private offers and sits in an extremely exclusive neighbourhood, shared Kevin Lim, Chie
Is it time for your parents to downsize their home?, Money News,As our parents get older, it can be harder for them to keep up with the chores and maintenance of their home. If they are living alone they may not even need a home as big as their current one. Still, many individuals are fiercely prote
4 insights from ComfortDelGro's latest business update, Money News,Last week, ComfortDelGro Corporation Ltd (SGX: C52), or CDG, released a business update. Within it was a description of the group's business performance for the first quarter of the fiscal year 2020 (1Q 2020), as well as ho
I'm a Singaporean millennial: How much CPF do I need to retire?, Money News,I was recently looking through my parents’ finances as part of their year-end finances review. Being the one who is oddly interested in numbers and all things finance, I was the appointed kid to advise on their upcoming
How to save money when buying a resale flat, Money News,Given the recent excessive demand for homes in Singapore, even first-time applicants are having a harder time securing a BTO flat for themselves despite the extra balloting chances given to them. That’s when most couples, especially those who c
Why I own Berkshire Hathaway shares, Money News,I've owned Berkshire Hathaway shares for more than eight years. There are good reasons why I continue to hold shares of Warren Buffett's conglomerate. Berkshire Hathaway is one of the 50-plus companies that's in my family's portfoli
Here's how the sellers stamp duty has affected boutique condos, Money News,Have you ever wondered why things in limited quantities are so weirdly appealing? Just attach the word “exclusive” to any product and it seems to take on a whole new light. So much so that entire businesses are built upo
A guide to bankruptcy in Singapore (and 3 lessons to learn), Money News,When I was growing up, my dad and uncle would often joke about having to declare bankruptcy and putting their children up for sale as child servants to some mean, wealthy stranger. The only life lesson (if you could call it that
3 dividend stocks I will buy with $5,000, Money News,You don’t need a lot of money to get started investing. When I started my investment journey way back in 2004, my capital was a grand total of just $2,000. Back then, REITs were still a new asset class in the market. I used that $2,000 and applied
Elon Musk spars with Bernie Sanders, offers to sell more Tesla stock, Money News,Tesla Inc Chief Executive Elon Musk got into a spat with Bernie Sanders on Sunday (Nov 14) after the US senator demanded the wealthy pay their \”fair share\” of taxes. \”We must demand that the extremely wealthy pay their
5 worthy financial goals to attain by 35, Money News,Wondering what adulting looks like? These 5 financial goals will guide you nicely towards being a respectable, fully-formed adult. There’s a sort of magic associated with the age of 35. At this age, you’re typically considered to be at your peak,
How much do you really save by booking your vacation early?, Money News,Getting a great deal on your holiday is difficult, especially when airlines and hotels seemingly change their pricing at a whim. Conventional wisdom maintains that the best time to book your trip is around two-three months in ad
Best robo advisors in Singapore: How to choose the right one?, Money News,Everyone and their mom has been telling you that you REALLY ought to start investing this year. But you’re not the most financially-savvy person, nor are you not rolling in dough. How exactly, then, do you get started? One of
China's planned anti-sanctions law for Hong Kong unsettles financial sector, Money News,HONG KONG – Global banks and other financial institutions in Hong Kong are scrambling to find out details of China's planned imposition of an anti-sanctions law on the city, and trying to understand how
Feb 2022 HDB BTO in-depth review: Tengah, Money News,In the upcoming Feb 2022 BTO launch, 1,270 units will be launched across two projects in Tengah. Here’s everything you need to know about the Tengah BTO. Feb 2022 Tengah BTO at a glance Location Along Tengah Garden Avenue and Tengah Boulevard Alon
Property jargon of the day: Letter of Intent, Money News,Every day, 99.co takes a piece of property jargon and explains it in English. Today, we’re looking at the Letter of Intent (LOI) for all you tenants: What is a Letter of Intent (LOI)? In the property market, an LOI is a prelude to another bind
What happens if you're under-insured against critical illness?, Money News,When critical illness strikes, medical costs are not the only thing to worry about. The long road to recovery could cause significant financial stress, such as income loss and childcare-related expenses. At first glance,
DBS, SIA & Sheng Siong: Beginner's guide to blue chip stocks in Singapore, Money News,DBS, Singapore Airlines, Keppel, Singtel, CapitaLand, ComfortDelGro and Sheng Siong are just a handful of the many blue chip stocks Singaporeans will recognise. Here’s why they’re so popular and how you can in
The revamped GrabRewards: Here's why I think it sucks, Money News,Grab has recently revamped their GrabRewards system, and I think it sucks. The changes kick in March 2, 2020. How should we consumers react? What it means for consumers: your earning rates and point redemptions will be affected (
SIA share price soared 14% after possible vaccine news: Is the airline stock a buy?, Money News,The Singapore stock market rose to levels not seen since early-June this year as investors cheered the news of a potential vaccine defeating the coronavirus pandemic. On Nov 10, Singapore’s stock market b
OCBC hit by $330m extra capital requirement for phishing scam, Money News,SINGAPORE – Singapore's central bank said it has asked Oversea-Chinese Banking Corp Ltd (OCBC) to keep an additional $330 million in capital for operational risk after hundreds of its customers were hit by an SMS phishing
Infectious diseases insurance: Best plans to protect yourself, Money News,Infectious diseases like Covid-19, Dengue and Zika are probably deadlier and more prevalent than most realise. What are some of the top insurance plans that protect against these invisible killers? The topic of protecting your
Virgin Australia falls to virus crisis, appoints administrator to find investor, Money News,SYDNEY – Virgin Australia Holdings Ltd (VAH.AX) on Tuesday succumbed to third-party led restructuring that could lead to a sale, making Australia's second-biggest airline the Asia-Pacific region's b
Better Buy: Propnex vs. APAC Realty, Money News,Singaporeans have a long-standing love affair with owning property. As the nation modernised over the past 55 years, the value of its real estate has followed suit. This trend has made millionaires of those who invested in property during those early y
Keppel in $3.4b deal to privatise SPH after media business is hived off, Money News,SINGAPORE – Keppel Corp is proposing to acquire Singapore Press Holdings (SPH) through a privatisation offer after the hiving off of SPH's media business. The offer, which values SPH at $3.4 billion, will see SP
Singapore crypto billionaire looking to buy $48.8m GCB as trustee for 3-year-old, Money News,Zhu Su, Singapore crypto billionaire and his wife, Tao Yaqiong Evelyn, were recently granted an option to buy a GCB in Yarwood Avenue for $48.8 million. This property will be bought in trust under their thre
I started planning for my retirement at 25: Here's how I did it, Money News,Retirement planning is such an unsexy phrase. When I think of that, I imagine an old wrinkly person squinting at documents in front of an advisor who is nicely suited up. Yep, something like that. Being a time-starved m
An unknown investing giant's fascinating insights, Money News,Walter Schloss is one of the true greats in investing. But he's relatively unknown. Here are fascinating insights from a speech he gave many years ago. Walter Schloss is one of my investing heroes. He's not too well-known,
Should you upgrade to a condo, or just a bigger resale flat?, Money News,So your five year Minimum Occupation Period (MOP) is up, and you know what the whole internet screams at you to do: upgrade! Sell one, buy two! Buy a prime district condo, it’s more affordable than you think! Etc. Except at thi
Meadows at Peirce, Thomson Grand or Thomson Impressions: Which is the better 2-bedroom apartment in Thomson?, Money News,Hi, I’m a big fan of your articles and analysis. I’m currently looking for a 2BR apartment in the Upp Thomson area for my own stay and I’ve taken an interest in Meadows at Peirce,
Touring Loyang Villas: Shophouse-styled terrace houses in Changi from $1.8 million , Money News,If you've always wanted to live in a landed house, but have a limited budget (and don't mind living in the East), Loyang Villas is definitely an area that you should pay attention to. It is one
Unable to meet TDSR and MSR limits? Here are 6 things you can do, Money News,You’ve got your income documents, your bank statements, your valuation…and then the email comes saying your loan application is rejected. The TDSR and MSR can be shockers, especially to home buyers who purchased their prope
3 investing mistakes, Money News,Investing is easy. Dead easy. But we, investors, sometimes like to make things much harder than they need to be. Perhaps a little voice inside our head is telling us that it should really be more complicated. The Chinese have a name for that – they call it “drawing l
7 major risk factors when counting on an en-bloc sale, Money News,“Don’t worry,” some sellers might tell you, “older properties mean more en-bloc potential”. And that’s how some buyers end up with 40+ year old properties, that they struggle to sell when said en-bloc doesn’t come to pass. Due to the
Ho Ching to retire as Temasek CEO on Oct 1, Dilhan Pillay to take over, Money News,SINGAPORE – Temasek Holdings announced on Tuesday (Feb 9) that its chief executive officer Ho Ching will retire from the state investment firm and step down from its board on Oct 1. She will be succeeded by Temasek In
Price and volume changes for neighbourhood condos when an integrated-MRT condo comes to town, Money News,A few months ago, we covered whether it is worth paying a premium for integrated or mixed-use condos, such as The Centris, North Park Residences and The Woodleigh Residences. These are 99-year le
August 2022 HDB BTO in-depth review: Tampines, Money News,One of the projects in the HDB BTO August 2022 launch offering five-room flats is the Tampines BTO. So here’s where you might want to apply if you’re looking for a bigger space. August 2022 Tampines HDB BTO at a glance Location Along Tampines
How much money are bloggers making during this pandemic?, Money News,Earlier, I’d written a post about why there’s no better time than now to start a blog. I’m sure there are a lot of sceptics wondering if blogging really is feasible and if you can really make money blogging with this terrible econo
Shoebox units: A performance review over the past 10 years, Money News,Go into any showflat as a single, and the first unit you’ll be guided to is the shoebox units; more pleasingly called a “compact unit” these days. These units – which are typically defined as 500 sq. ft. or under – are often mark
Management Corporation Strata Title (MCST) – what is it?, Money News,MCST, which stands for Management Corporation Strata Title , refers to the managing body of a condominium or any compound which has multiple owners and shared facilities. In Singapore, MCSTs are usually associated with private resi
Could Singapore investors be affected by China Evergrande's debt crisis?, Money News,Made in China jokes aside, people who trade Chinese stocks know that you have to stay on your toes at all times. Sure, they can offer explosive growth potential, but there’s always the risk that the company wil
Inspired by GameStop, Malaysian retail investors look to prop up medical glove shares, Money News,KUALA LUMPUR, Jan 28 – Malaysian retail investors are looking to buy stocks of medical glove makers to drive up their share prices and squeeze out short sellers, drawing inspiration from the recent rall
Critical illness plans vs early critical illness plans: Which should you get, Money News,Cancer, heart attack and stroke are amongst the most commonly diagnosed critical illnesses. Here’s a look at two types of critical illness plans in Singapore. Despite nearly 1 in 3 deaths attributed to heart dis
Choosing the best kids' savings account to grow your child's money in 2022, Money News,Kids in Singapore know they've got to think about the future. In between those battles with Pokemon and afternoons at the playground, they're worrying about the PSLE or how they're going t
Resale condo prices up by 0.8% in March 2022, with the highest price increase in the OCR, Money News,Prices of resale condos have increased for the 20th straight month, with a month-on-month increase of 0.8 per cent. According to the 99.co and SRX report on the resale condo market, the OCR market se
US stock market: Is it a bull, a bear, or a bull in a bear?, Money News,The US stock market's rebound in recent weeks has analysts and investors questioning whether 2022's deep downturn has ended, but how to spot an expiring bear market or a new bull market is not something everyone on Wal
UOB One Card review: Get a maximum of 5% cash rebate on everything, Money News,The UOB One Card is hands down UOB’s favourite entry level credit card – especially for those with a UOB One account too. The credit card owes its fame to its key proposition: A maximum of 5 per cent cash rebate on everyt
Touring Thomson Garden Estate: Find freehold landed homes from $2.8 million, Money News,Not far away from Teachers’ Housing Estate and Sembawang Hills Estate is another of the “cheapest freehold landed” enclaves in Singapore, Thomson Garden Estate, where there are about 480-500 houses depending on w
Should you buy meme coins like Shiba Inu (SHIB)?, Money News,Even today, Cryptocurrencies as a whole are still wild volatile, speculative investments. Many experts warn that you should only invest money that you can afford to lose with good reason. According to the Bitcoin Volatility Index, an index
2 strategies to consider when clearing crushing debt in Singapore, Money News,Get yourself back in the black by attacking your greatest enemy within debt: interest rates. At some point or another, everyone has some debt. This is common in an affluent, vibrant society such as ours, where participatio
Which is a better buy?: Frasers Centrepoint Trust vs Starhill Global REIT, Money News,The Covid-19 pandemic has negatively impacted retail REITs by varying degrees. During the circuit breaker from April to early June, malls have been forced to temporarily shut. When Phases I and II of safe reopening
How should we deal with 'unfairness' of prime region HDB flats?, Money News,Before you fork out $20,000 or $30,000 in Cash Over Valuation (COV), you should pay close attention to what National Development Minister Desmond Lee has been saying. Amid various discussions on Covid-19, mortgages
Temasek-backed oil rig builders in mega merger amid sector downturn, Money News,SINGAPORE – Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cop
Here's how much the new stress-test interest rates will affect home affordability, Money News,Following the increase in interest rates, the authorities have introduced a few cooling measures effective today (Sept 30) to restrict borrowing by home buyers. The main measure is the increase in the
Shares of retail favourite AMC nearly double, company woos investors with free popcorn, Money News,Shares of retail investor favourite AMC Entertainment Holdings Inc nearly doubled in price on Wednesday (June 2), extending a breathtaking rally and reinvigorating the meme stock phenomenon that has ca
Millennials, how much do you know about credit?, Money News,The concept of credit may seem like a modern day invention but it is believed that crediting is as old as the invention of the wheel. The earliest known instance of crediting happened in Sumer (modern-day southern Iraq) 3500 BC. In the year
Feb 2021 BTO unit analysis: McNair Heights (Kallang/Whampoa), Money News,Released during the Feb 2021 Sales Launch, McNair Heights is situated along a busy Balestier Road in the Kallang/Whampoa district. If you’ve ever wanted to live the high life, this BTO is it—two of its three blocks are 40 store
Chinese President Xi Jinping decided to halt Ant's IPO, reports Wall Street Journal, Money News,NEW YORK – China's President Xi Jinping personally decided to pull the plug on Ant Group's US$37 billion (S$50 billion) initial public offering, the Wall Street Journal reported on Thursday
'Investing' in Singapore lottery? The math behind Toto and 4D in Singapore, Money News,Big Sweep, 4D, Toto… so many ways to win at the Singapore Pools. On the Feb 11, 2022, the $16 million snowballed Toto Hongbao grand prize will mark the largest prize ever in Singapore Pools’ history. On
The ultimate cheatsheet: Cheapest stock trading/brokerage houses in Singapore (2021), Money News,As investors, I would think that at a basic level, all of us would want to maximise our investment returns. But, there are a few things in our way. For one, we cannot avoid risk when it comes to investin
5 habits to build now to retire rich, Money News,When it finally becomes time to exit the workforce, everyone wants the freedom to pursue their passions and spend time with their friends and family. Retirement should be a period of reduced stress, cherished memories, and cultivating hobbies that you
What to do after you win the TOTO lottery or receive a huge inheritance in Singapore, Money News,Regardless of the state of the economy, something you can always count on is snaking queues outside Singapore Pools outlets in the lead-up to TOTO jackpot draws. With the possibility to win life-changing
Meta shares plunge 20% as Facebook feels heat from Apple – and TikTok, Money News,Facebook owner Meta Platforms Inc's shares plunged more than 20 per cent late on Wednesday (Feb 2) as the social media company posted a weaker-than-expected forecast, blaming Apple's privacy changes and incre
Citi, Fave, convertCASH: New BNPL players enter the Singapore market (July 2021), Money News,Citibank, Fave, and convertCASH have joined in on the BNPL action. Here’s what their services are offering and how they fare against their competitors. Buy now, pay later (BNPL) services exploded onto the sc
Ultimate guide to REITs in Singapore (2020), Money News,In this ultimate guide to REITs in Singapore, I will be providing comprehensive coverage of all things REITs here in sunny Singapore, ending the article by identifying top REITs in Singapore to buy today based on three different methods. Introd
February 2021 HDB BTO sales launch: Location guide – Bukit Batok, Tengah, Kallang/Whampoa, Toa Payoh (Bidadari), Money News,Every year, new couples and families wait in anticipation for the newest crop of HDB Build-To-Order (BTO) launches. With property prices on the rise and resale prices hitting t
Toshiba plans to split into three after wave of scandals, Money News,TOKYO – Toshiba Corp outlined plans on Friday (Nov 12) to split into three companies in an attempt to appease activist shareholders calling for a radical overhaul of the Japanese conglomerate after years of scandals. A rare move in
How much the government spends on each Singaporean child until they enter the working world, Money News,The moment a baby first lets out loud cries that herald their entry into the world, parents are on the hook for taking care of everything their child needs, at least until they complete their tert
11 fun (and lesser-known) facts about car insurance for you car owners, Money News,Read this before you purchase your dream car. Some of these facts can help you to decide on a better car insurance plan or even ‘hack’ your way to a cheaper premium. For all to-be car owners, besides shopping for your
Singapore-based crypto lender Vauld suspends withdrawals, Money News,HONG KONG — Singapore-based crypto lending and trading platform Vauld said on Monday (July 4) it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattled crypto industry. Vauld CEO Da
After Elon Musk's ultimatum, Twitter employees start exiting, Money News,Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for \”long hours at high intensity,\” or leave. In a poll o
Singapore census: Household incomes higher, but does more money mean more problems?, Money News,Ultra high income earners can suffer from the same problems as the rest of us. Here’s why and how. The latest Singapore population census had some pretty encouraging findings. Encompassing some 150,000 ho
Thinking of buying REITs? Check these 3 signs first, Money News,Historically, owning physical property seemed like a good bet to weather a downturn. After all, the whole idea of investing in property is that it’s supposed to hold its value through economic cycles. However, the Covid-19 pandemic has
Development Charge average rate for landed residential sector rose 4.8% after previous 6.3% increase, Money News,The Ministry of National Development (MND) has released its half-yearly revision to the Development Charge (DC) rates across multiple property groups. Imposed on property developers, Deve
Which corporate credit card should small businesses use for their operations?, Money News,Are you a small business owner? If you are, we know that you have lots on your plate. From strategic decision-making to managing employees, there are many responsibilities that you hold. If you struggle to cont
Elon Musk's SpaceX poised to become most valuable US start-up, Money News,NEW YORK — Billionaire Elon Musk's SpaceX is poised to become the most valuable US start-up as its valuation rose to over US$125 billion (S$173 billion) in an ongoing share sale in the secondary market, sources famil
Think property prices will fall in 2022? Here's the 1 statistic that may indicate otherwise, Money News,It's incredible how fast Singapore's property market can change. Back in September 2019, we were warned of a massive housing glut, with around 31,948 unsold units. At the time, anal
3 recent rule changes to floor area, land betterment and remnant land that will likely affect future property prices and en bloc sales, Money News,Over the past few weeks, several developments have taken place that many analysts predict will impact future property prices. If you're a homeowner
Recently MOP-ed 5-room HDB resale flat at Sembawang sold for record $745k, Money News,A 5-room HDB resale flat at Sembawang has just been sold for $745,000 this month – an all-time high for a 5-room flat in the HDB town. At 1,216 sq ft, the price psf works out to be $612. The flat is located within
Our resale HDB flat buying journey: $700+k home at SkyTerrace@Dawson, Money News,From the long wait for Permanent Resident (PR) status, to the process of house hunting, finding an HDB flat can be a challenge. But this week we spoke to A, who recently managed to find a new home with a foreign (now PR
The dangers of short-term trading, Money News,Do you have the mindset of a trader? That's the advertising catchphrase for an online broker that is marketing aggressively around Raffles Place. The advertisement makes short-term trading sound like a lucrative and exciting proposition. But in real
New private home sales surged in July, despite viewing restrictions – here's why, Money News,You’d think that, with the return to Phase II restrictions, the number of property sales in July would be lower. As proof that nothing is truly predictable in real estate, we’ve seen the opposite. The n
Financial questions to ask your partner before you get serious, Money News,In a survey on married people in Singapore, 90 per cent of couples said they had financial disagreements about half the time. Whether you're considering moving in with your partner, getting married, or having a family to
4 financial ratios I use to find great companies to invest in, Money News,When I started investing 10 years ago, I can remember vividly how confused I was when it came to analysing a company’s financial statements. There are so many ratios out there and I was not sure which ones I should use. In the
High interest? Savings? What bank account should you open and why?, Money News,With mounting inflation and an impending recession, it is now more imperative than ever to save up for a rainy day. While you’re at it, you want to make sure you’re earning the best interest rates. A savings account is an
Planning to buy a property in 2020? Here are 5 trends you should look out for, Money News,Some months ago, property prices hit a 5-year high, which gave rise to increased concerns over the widening affordability gap between private housing prices and wages. Some reasons for the rising prices in priv
3 steps you can take when a bear market hits, Money News,It's been a turbulent two weeks for the stock market. And that is an understatement. It has been more than two months since the news of Covid-19 surfaced. The reality of the virus' impact is starting to sink in. From the epicentre in
UOB Preferred Platinum Visa Card review: Don't underestimate this unassuming card, Money News,The UOB Preferred Platinum Card is a very unglam credit card. But underneath that boring-a** navy blue exterior is a pretty good rewards card that lets you earn 4 miles per $1 on most of your daily exp
Fixed deposit vs Singapore Savings Bonds: Which should you go for?, Money News,With inflation at an all-time high, people in Singapore are on the lookout for investment instruments with higher interest rates and low-to-moderate risks. After all, the stock market isn't particularly stable in 202
Compilation of updated savings account interest rates amid Covid-19 recession (May 2020), Money News,In case you haven’t got the memo, the world is in recession. Last month, the US Federal Reserve slashed their rates to almost zero in a desperate bid to shore up their crashing economy. Singapore ban
Is it worth paying a premium for pre-war and post-war flats in Tiong Bahru? We break down the numbers, Money News,Tiong Bahru flats have made headlines for its steep prices despite its relatively low lease remaining. A Straits Times article published in Aug 2020 highlighted a $1.1 million dollar fou
Property agent confessions on closing deals for the ultra rich, Money News,Recently, we’ve heard about Crazy Rich Asian kind of property purchases by ultra high-net-worth individuals in Singapore. This is as the world is seeing an increasing number of the ultra HNWI — a 9.3 per cent increase from 55
Protect your wealth: 4 red flags that should make you cringe, Money News,Stock picking is not just about identifying strong companies. You should also be wary of red flags that signal that a company should be avoided. Picking the right stocks can be a fun and rewarding activity as long as the invest
Vaccination in Singapore – a guide to costs and government subsidies, Money News,As the world waits with bated breath for the Covid-19 vaccine that will save us all, here’s a gentle reminder that Covid-19 isn’t the only disease that can befall us right now. The Ministry of Health (MOH) recently anno
Can you get loans without a bank account?, Money News,Need a loan but not sure if it’s possible without a bank account? You’re not alone. Find out more about the documents required, how loans are disbursed and whether or not you have options despite the lack of a bank account. In today’s day and age
HDB price guide: 4 most expensive HDB estates in 2020, Money News,With headlines proclaiming that HDB resale prices hitting a 8-year high in 2020 and private property prices increasing by 2.2 per cent , Singaporeans’ interest in property is undoubtedly on the rise in spite of the Covid-19 pandemic.
What happens if your housing loan deductions reach your CPF Basic Retirement Sum?, Money News,When buying a house, some of us would use our CPF savings to pay for our housing loans. But the thing about CPF is that it’s for retirement, so there’s a limit to how much you can use it for housing. Since
How you can use ang baos to teach kids financial literacy?, Money News,Kids of all ages love Chinese New Year (CNY) – there's no doubt about it. They get to feast on delicious goodies and collect lucky ang baos (red packets), after all. My 9-year-old daughter, for one, is always very intrigued
Subletting HDB flats? These 5 assumptions could land you in trouble, Money News,There can be several reasons for renting out your HDB flat, such as to earn more cash to cover your monthly expenditure or for passive rental income while you're living in another property (e.g. a condo/a child'
Thank you, next: 5 signs that you should switch to a new insurance agent, Money News,Financial advisors get a bad rep. Thanks to an onslaught of memes they’ve become the butt of the joke. The punchline usually ends with unsuspecting folks being cornered to buy insurance under the guise of an ex-scho
Some second-level spending philosophies, Money News,When I shared my annual expense last week, I was not expecting much negativity. This was because it was not the first time I shared these kind of figures. Things are as it is. You could imagine that there is a household having 2 breadwinners earnin
6 things that will happen in the financial markets in 2020, Money News,There are no guarantees in the world of investing… or are there? Here are six things about investing that I'm certain will happen in 2020. THERE WILL BE SOMETHING HUGE TO WORRY ABOUT IN THE FINANCIAL MARKETS Peter Lynch is t
How you can help victims of Australia's bushfires, Money News,With at least 30 people and millions of animals dead, Australians are reeling from the devastating fires that have been sweeping through parts of the country since October. With the wildfires causing unthinkable damage, scorching mil
How to earn $500/month in passive income as a student in Singapore, Money News,As a student living in Singapore, a monthly allowance of $100 just isn’t enough. You could easily spend it all in one afternoon at a restaurant or shopping for a pair of sneakers. Many of your friends may work part-time j
Buying a BTO flat in 2021? Here are 5 important changes you should be aware of , Money News,It’s BTO season right now with the launch of the May 2021 BTO flats . As of the time of writing, the number of applicants is more than 5x oversubscribed for three-room flats and above – and by the end of toni
How to avoid financial scams in Singapore, Money News,Singapore has an excellent reputation as being one of the safest countries in the world, and was once described by CNBC as a city where \”shops don't even lock up\”. However, despite a decrease in violent and serious property crime, scams incr
Why I'm not buying SIA shares even after Temasek promised to save it, Money News,Much ink has been spilt on the whole Singapore Airlines Ltd (SGX: C6L) fiasco. The latest news now is that Temasek, one of the Singapore government's investment arms, has stepped in to provide our country'
I sold my freehold penthouse unit for $1.75m during the pandemic. Here's how., Money News,In Dec 2019, after almost 9 years of staying in Gallery 8 – a small freehold development located in the East Coast area – we decided to sell and move on to the next stage of our lives. As my family starts
Step-by-step guide to cheque deposit: How to make sure it doesn't get bounced, Money News,Cheque payers and payees, check out our cheque-list on how to cash in and not be on the receiving end of a bounced cheque. Whether you’re the payer (the person issuing the cheque) or the payee (recipient o
Meta raises $13.8b in first-ever bond offering, Money News,Facebook-parent Meta Platforms Inc said on Tuesday (Aug 9) it had raised $10 billion (S$13.8 billion) in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business. The offering would help Meta, t
7 ways to lower car maintenance costs from petrol, accessories to insurance, Money News,Car prices in Singapore are no small sum, but aside to the upfront costs, there are also regular car maintenance and servicing costs that you have to factor in when you own a car. In order to lower car maintenanc
Goldman Sachs to pay $165m to Singapore over 1MDB corruption scandal, Money News,SINGAPORE – Goldman Sachs Singapore will pay US$122 million (S$165 million) to the Singapore Government for its role in the 1Malaysia Development Berhad (1MDB) bond offerings corruption scandal. The penalty is believed
Cheapest travel insurance: Promo codes for NTUC, FWD and Sompo travel insurance, Money News,I have a love-hate relationship with travel insurance – it's the umbrella I know I should bring out, yet am always tempted to leave at home. Whether or not you should get travel insurance is up to you, b
Mobile data roaming: What are your cheapest options when travelling?, Money News,Let's face it: we'd be helpless without our phones, especially when travelling. Imagine wandering the streets of a foreign land without Google Maps, WhatsApp, Instagram, Facebook and Trip Advisor, without any
Want to save more in 2020? 5 ways to resist consumerism and spend less, Money News,Living in Singapore, you're constantly bombarded by advertisements, from bus stops, MRT to shopping centres in every district. It can be pretty tempting to needlessly spend in a capitalistic society but consumeri
Singapore reportedly planning to boost local stocks with Temasek Fund – which companies could benefit?, Money News,Bloomberg reported that Singapore is planning new measures to boost its domestic stock market by investing in local and regional mid-cap companies. Here’s what you should know about the
New all-time high: 5-room resale HDB flat in Dawson sold for record $1.418m, Money News,Keeping up with the most expensive HDB flat ever sold is proving to be a challenge, as flats all over Singapore keep fighting valiantly for the title. As of July 2022, we have a new record — a five-room HDB flat
Best bill & tax payment services that still earn you rewards & miles in Singapore, Money News,How does the ability to earn miles, cashback or rewards points on bills and tax payments sound? Find out the nitty gritty details about charging such payments to your credit card. As much as the truth hurts
What makes a leader: Dirk van Quaquebeke, Founding Managing Partner at Beenext, Money News,Dirk van Quaquebeke is a founding managing partner at BEENEXT, a Singapore based early stage venture capital firm investing in India, Southeast Asia, Japan, and the US. He has been living in Asia since 2009 an
The economic storm is here, Money News,I rarely talk about personal finance as that's a whole different topic from talking about investing altogether. At the same time, I would like to take this opportunity to talk about the real life implications about the coming slowdown to investors which ha
BP boosts dividend after profit hits 14-year high, Money News,LONDON – BP's second-quarter profit soared to $8.45 billion (S$11 billion), its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production. The strong perf
This property agent bought a condo and Porsche at 22, made first million by 24 , Money News,The name Jervis Ng may not ring a bell but he might be a familiar face to some, especially if you surf videos on YouTube regularly. The real estate agent fronts more than a few videos marketing different mid
November 2021 BTO launch: Ultimate guide to choosing the best unit , Money News,Welcome to the last BTO guide of the year – our November 2021 BTO Launch Guide to help you choose the most suitable unit. This time, there will be 4,501 units across six estates on offer including the first Prime Locatio
School campuses in Balestier and Queenstown to be redeveloped into residential housing: Will they become PLH sites?, Money News,Three sites in Balestier and Queenstown are scheduled for redevelopment into residential housing developments under the Urban Redevelopment Authority’s (URA) 2019 Master Pl
Singapore to assess Covid-19 impact on digital bank bidders, Money News,SINGAPORE, June 3 – Bidders for five Singapore digital bank licences on offer will have to factor in how the Covid-19 outbreak has impacted their funding and profitability plans, as the central bank kicks off interviews with app
3 REITs with dividend yields above 3%, Money News,When choosing a suitable REIT to invest in, a few important factors need to be taken into account. The first is that the REIT should embody characteristics that enable it to remain resilient during times of financial stress. This trait could take the
The 'metaverse' bet: Crypto-rich investors snap up virtual real estate, Money News,What do you do with a $69 million (S$92 million) artwork that doesn't physically exist? That's the question faced by the Singapore-based investor calling himself Metakovan, who made headlines last
Smart look at the week ahead: US slowdown, Money News,Welcome to the first look at the week ahead for 2020. The Singapore blue-chips earnings season doesn't start until next week when Singapore Press Holdings will post first-quarter numbers on 13 Jan. Before then, there are economic numbers apl
6 major property trends to watch in the Singapore property market in 2022 , Money News,With the start of the new year, some first-time homebuyers in Singapore are understandably nervous: Home prices are at record highs across the board, and it's uncertain if late cooling measures from last Dece
Rental tenancy agreements in Singapore: 5 things you must know, Money News,On paper, renting an apartment seems straightforward enough. You view a property within your budget that you like, you sign the tenancy agreement, and you move in. Simple, right? Well, not quite. There are many horror stories
Personal loans during tough times – 5 purposes you should never use them for, Money News,A personal loan may seem like a possible solution to our immediate financial concerns during this trying Covid-19 outbreak. In a recent MoneySmart survey on personal loans, we found that job security and cash fl
BTO analysis: Which unit to choose for Kebun Baru Edge at Ang Mo Kio, Money News,Like Dakota One , Kebun Baru Edge at Ang Mo Kio was similarly popular in the August BTO launch, attracting almost 12 first-time applicants for their five-room flats. And it’s no wonder, seeing as the estate is surrounde
Borrowing money by young Singaporeans soars during pandemic, Money News,SINGAPORE – Personal debt among young adults here has been rising during the Covid-19 pandemic, and the situation could worsen once interest rates start to rise. Credit Bureau Singapore data showed that while credit card borrowi
EA rumoured to be exploring a sale or merger, Money News,Electronic Arts (EA) is said to be exploring a sale or merger. According to Puck, the video game company has held talks with several potential buyers or partners which include Apple, Amazon and Disney. EA reportedly approached Disney in March
SkyVille @ Dawson review: Convenience in a centrally located area with breathtaking views, Money News,SkyVille @ Dawson seems to have it all – convenience, greenery views and direct access to the park connector. But it is quite a dense development which may not be for everyone. Reviewed by Reuben on
Common investment pitfalls, Money News,Investing can be hugely rewarding. But we need to be able to navigate behavioural tendencies that may cause poor investing decisions. Taking control of your own finances can be hugely rewarding. But it is also permeated with investing mine traps that could pote
7 important FX tips for retail traders, Money News,Forex (foreign exchange or FX) trading can be a profitable venture for those that know what they are doing. Once you have a handle on the basics of foreign exchange markets, these considerations could help you while making forex trades. For individu
How to get $1 million at 65 using your CPF, Money News,Singaporeans have a love-hate relationship with their Central Provident Fund (CPF). If you’re wondering what it is, it’s basically a social security system that is meant to be a retirement savings plan. Think of it as a safety net of sorts which
How to make your baby a millionaire using CPF, Money News,How much do we need to make a baby a millionaire? $64,350, to be exact, needs to be contributed to a baby’s CPF Special Account (SA) at birth to make them millionaires. Many Singaporean parents do not know that every Singaporean baby has a CP
Citi PremierMiles Card review: Citi Miles that never expire, Money News,The Citi PremierMiles Card used to be in the spotlight for the longest time: It was considered one of the most popular Citibank credit cards, and once upon a time, some even regarded it as the best miles credit card in Singapore
Haidilao to close or suspend 300 restaurants this year, Money News,Hot pot chain giant Haidilao International Holding said it will be shutting down or suspending the operations of around 300 poorly performing restaurants, after having expanded aggressively in the last two years . Some restaurants wi
4 key factors to keep in mind to secure your SME loan in Singapore, Money News,As a small business, it is not uncommon that cash flow will be tight. In such circumstances, small businesses may turn to Small and Medium Enterprises (SME) loans to finance their expenses. While there are numerous loan c
Forbes' 50 richest in Singapore: Grab co-founder Anthony Tan drops out of list, Li Xiting holds on to top spot despite shrinking wealth, Money News,SINGAPORE – Surging inflation has not left Singapore's billionaires unscathed, with their collective wealth dropping by more than 20 per cent
How to invest in property: 5 contrarian ideas to get you started, Money News,“When everyone else is buying you should be selling, and when everyone is selling you should be buying.” That seems to be the most common perception of what “contrarian” investing means. Over the years, this term seems to g
4 companies that continued to grow earnings despite the pandemic, Money News,It has been a tough five months for many businesses since the outbreak of Covid-19. But some companies have done better than others. Governments have been forced to shut their economies down to contain the spread of this de
5 reasons why some businesses fail, Money News,Nobody starts a business thinking about failure, yet there's so much to learn from the poor choices people make or the bad situations they put themselves in. While local figures are not available, 20 per cent of businesses in the US wind up in the
What does the government do with our CPF monies?, Money News,Ever since I started working, I’ve got a love-hate relationship with the Central Provident Fund (CPF). Hating how my paycheck looked significantly smaller due to these compulsory contributions, but loving it whenever I received my yearly C
Netflix shows that you can watch to learn about the world of finance, Money News,This article was originally published on June 21, 2017 and updated with new recommendations. For those who are sick of the usual Hollywood blockbusters or chick flicks, but can’t bear to stop watching television, it’s t
Amber Park review: 32,500 sq ft rooftop facilities perched 22 levels up, Money News,Overall rating: 78% A new launch with a gorgeous, modern architecture in D15. Amber Park's modern design certainly draws attention to itself. Its 600m rooftop jogging track is also advantageous for those who wan
Want to buy flat? Read our guide to HDB's new portal, Money News,Buying a flat can be a tedious and frustrating process. Whether it’s a BTO or resale flat, the amount of research and calculations required can turn even the most patient ones into the most pek chek. However, things are about to g
Condo resale prices increase for 14 straight months, Money News,Condo resale prices have risen for the fourteenth consecutive month, increasing by 1.0 per cent in September 2021. According to our flash report on the condo resale market in September 2021, prices have increased by 1.1 per cent for uni
Virtual real estate plot sells for record $3.3 million, Money News,LONDON – A patch of virtual real estate in the online world Decentraland sold for a record US$2.4 million (S$3.3 million) worth of cryptocurrency, the buyer crypto investor Tokens.com and Decentraland said on Tuesday (Nov 23). Decent
Here's why you should save your ang baos for your future home instead of spending it straightaway, Money News,As soon as the clock strikes midnight on Christmas day, gold baubles and frosty wreaths are swapped out for mandarin oranges and glaring red lanterns. Santa Claus turns into the God of
Why 2020 is a good time to refinance your home loan and what to look out for, Money News,2020 has been a challenging year for most people with the Covid-19 global pandemic causing an economic slowdown for most countries, including Singapore. However, if there is one silver lining, it is that interes
'It's a joke': Retail investors shocked as China halts Ant Group's IPO, Money News,HONG KONG – Mom-and-pop investors who put in bids worth a record $3 trillion (S$4.1 trillion) in China’s Ant group – equivalent to Britain’s annual economic output – were stunned after regulators a
16 condominiums near a nature reserve or park that will help boost your mental health , Money News,“One with nature” You may have heard that phrase being uttered at many a new launch project today. There’s a reason why developers are increasingly focusing on the green and nature aspects of their pro
Microsoft nearly overtakes Apple as world's most valuable company, Money News,SAN FRANCISCO – A surge in Microsoft's shares nearly unseated Apple as the world's most valuable company on Wednesday (Oct 27), a day before the iPhone maker reports its quarterly results. Fuelled by strong
Elon Musk reverses again, ready to buy Twitter at original $63b price, Money News,NEW YORK – Billionaire Elon Musk is proposing to go ahead with his original offer of US$44 billion (S$63 billion) to take Twitter Inc private, a securities filing showed on Tuesday (Oct 4), signalling an end to a legal
'So ridiculous but owner is so lucky': 4-room Bendemeer flat rented out for record $4,600, Money News,In yet another indication of the robust property market, one 4-room HDB flat was recently transacted for a substantial $4,600 earlier this month. Real estate agent Anne Ho posted on TikTok
Founders of Singapore rubbish collector 800 Super close to sale deal, Money News,SINGAPORE – The founders of Singaporean rubbish collector 800 Super Waste Management, backed by private equity firm KKR & Co, are nearing a deal to sell the business which could value it at around $300 million (S$41
Singapore housing the most affordable in Asian cities? New report reveals shocking news, but not everyone agrees, Money News,In a Reddit post today, it was pointed out that Singapore has the most affordable housing in Asian countries. That’s a pretty provocative statement, especially in 2022 when ho
Why investors tend to make bad decisions, Money News,I recently read the book The Behavioural Investor by Daniel Crosby. Crosby is a psychologist who specialises in behavioural finance. Through his years of research, he found that humans tend to make bad investing decisions simply because of the way
Hero Lai Lo: Super budgets save the day, Money News,It's a bird! It's a plane! It's a super budget! No! It's FOUR SUPER BUDGETS that will tide us through the Covid-19 crisis! We zero in on the hero stats of these Fantastic Four (named after the qualities that Singapore needs to g
Budgeting in Singapore: Here's how to live on $600 a month as a young working adult, Money News,Back when we were students, we largely survived on a shoestring budget and relied on funds from our families, student loans or even part-time jobs. But, after we graduated and started working, we mig
Analysing unprofitable condos: 6 reasons why Urban Vista has performed poorly, Money News,It’s been nearly a year since we last wrote our article on the 13 condos with the most unprofitable transactions. How time flies. I’ve previously gone into further detail with why Stellar RV and The Tennery per
Are properties near Desker Road investment-worthy?, Money News,While it’s not as flamboyant as Geylang, many Singaporeans may also know that Desker Road is a red-light area. But as areas like Bugis* and Keong Saik Road demonstrate, these locations can clean up over time. And when they do, those stil
2 blue-chip stocks that are too cheap to ignore, Money News,Investors who are looking for cheap stocks are in luck. The market crash in March has pushed valuations down to attractive levels for many companies. The indiscriminate selling has been merciless to all stocks, whether they are REITs, blue-
Sign-on bonus and starting salary for Home Team 2021 (police, civil defence, ICA, prison service and Central Narcotics Bureau), Money News,Singapore’s Home Team comprises 10 agencies, which includes one Ministry HQ, seven departments, and two stat boards. No. Name of agency under Home Team Type of a
Mum of 4 shares how young families can reach their financial goals, Money News,When you start a new family, you are excited to plan everything you want to do together. You must already be occupied with thinking about places you’re going to live, or where your kids will go to school, or the family ac
Why this family with 3 kids bought and overhauled an HDB Executive Apartment rather than getting a condo, Money News,When cyber security specialist Daren (now 39) got married, the couple moved into their first home – a 4-room BTO in Punggol. It was a nice location and they got their apartment within
Ang Mo Kio Sers: Go for the replacement site or ballot for the Ang Mo Kio BTO?, Money News,Straits Times and CNA recently reported that those affected by the Ang Mo Kio SERS can get priority if they apply for the Ang Mo Kio BTO in the upcoming August 2022 HDB BTO exercise. BTO priority for residents
Highest paying jobs in Singapore 2021: Which jobs pay 6-figure annual salaries?, Money News,I firmly believe that comparing ourselves to others is a pointless exercise. Only tiger parents engage in that kind of toxic crap. Yet here I am, writing this article about the highest paying jobs in Singapor
Budget 2022 Singapore preview: What will it bring?, Money News,As a personal finance platform in Singapore, one of the year’s most significant events is the Singapore Budget. The reason for this is simple. The budget will have a material impact on the personal finances of everybody living in Singapo
5 life lessons with Sophia Chan, co-founder of Maiko Singapore, Money News,More life lesson's from some of Singapore's greatest business minds. SOMETIMES LIFE TAKES AN UNEXPECTED TURN AND THAT'S OKAY I had the opportunity to study in a reputable primary school, but as a child, that di
6 alternative investments to diversify your portfolio, Money News,The Covid-19 pandemic and resulting economic crisis are stark reminders that a diversified portfolio is key for growth If there is one mantra that all investors should follow, it has to be ‘diversify thy portfolio’. For one, you’re sa
4 things that make February the ideal month for saving money, Money News,We human beings are strange. We wait for 12 months to pass to make new promises, and tend to forget our promises as time goes by. While there a few people who actually succeed in meeting their yearly goals, some find it hard to
Quarantine reading: 7 investing books recommended by experts, Money News,Due to the current circuit breaker, many individuals are looking for productive ways to pass the time. At the same time, there has been increased interest in investing giving the recent market volatility. As we've recommen
OCBC Bank dividends & share price guide: Is it worth buying?, Money News,With share prices that are trading under expectation, and better-than-expected dividend yield, OCBC Bank could be well worth adding to your portfolio. The Overseas Chinese Banking Corporation – more popularly known as OCBC Bank
CKA and CAR: Why you have to pass these tests before investing in Specified Investment Products, Money News,If you’ve already tried investing in Singapore, you might have come across something called a CKA (Customer Knowledge Assessment) or CAR (Customer Review Account) test. CKA and CAR are two for
Freehold condo The Beaumont launched for collective sale, Money News,The Beaumont, a freehold residential development opposite TripleOne Somerset, is up for public tender from Dec 10 onwards, according to their exclusive marketing agent Savills. The development comprises 64 units spread across a fiv
The rise of $100 million net worth individuals: Why Singapore's luxury property market still has room for growth, Money News,At this stage of cooling measures, there’s growing concern that even Singapore’s stable climate might put off foreign property investment. The Additional Buyers Stamp Dut
4 affordable waterfront resale condominiums in District 19 for more scenic views, Money News,Did you know that globally, waterfront views are priced at a 40 per cent premium ? But apparently, because Singapore is an island, waterfront views here are priced at just a 7.7 per cent premium (all the bet
Central Horizon review: Extremely convenient but dated-looking , Money News,Project: Central Horizon HDB Town Toa Payoh Address: 79A-E Toa Payoh Central Lease Start Date: April 2009 No. of Units: 1,158 Central Horizon HDB is an interesting development due to its history. Unlike most HDBs today, Cent
Gone in 8 minutes: Semi-detached house sold for $3.4m in online auction, Money News,Many would deliberate when they're buying a house, but one Singaporean family snapped up their new home in just eight minutes. The semi-detached house at 69 Toh Tuck Road went under the hammer for $3.4 million a
We sold our District 10 home on Carousell: Here's how we did it, Money News,Selling your home is one of the most stressful things to manage. In fact, many have told us they enjoy buying far more than selling. As such, most prefer to use a property agent (that way you don’t need to bear with buy
Resale HDB flat prices reach a record high for Q1, but there's hope for buyers yet, Money News,Let’s start with a bit of bad news for homebuyers: Resale flat prices ended Q1 2022 at a record high. This is, in fact, the highest we’ve ever seen in around a decade – we’ve even beat the previous pe
Sector review – Real Estate Investment Trusts (REITS), what metric do we look out for, during this pandemic?, Money News,Real Estate Investment Trusts (REITS) are companies that owns, operates, or finances income-generating real estate. REITS pool the capital of numerous investors together in a coll
HDB resale prices hit new record high after rising 8.9% in 2021: Flash data, Money News,SINGAPORE – The resale prices of Housing Board flats climbed for the sixth consecutive quarter to exceed their previous peak in the second quarter of 2013 by 0.7 per cent, flash estimates showed on Friday (Oct 1)
First jobbers, which savings account is best for you? 7 questions to ask yourself, Money News,What a thrill it is to receive your first paycheck! Now, you're finally an independent, self-sufficient adult. You're no longer a dependant who needs pocket money anymore. Good on you! There might
The crest condo review: Giant pool + bigger than usual units, Money News,Our verdict: 77 per cent Unit efficiency 3.5/5 Unit size 4/5 Quality of fittings 4/5 Design 3/5 Variety of facilities 4.5/5 Quality of facilities 4/5 Surrounding amenities 3.5/5 Developer 4.5/5 Transport links 3.5/5 Driving acc
Do you really need a 5-room HDB flat?, Money News,Getting your first property and not sure how many rooms you want to have? Not sure about the differences in size and floor area between 3-room, 4-room and 5-room flats? Check out this handy guide that will help you decide how much space you really ne
Keppel Electric: Comparison and review of Keppel electricity plans, Money News,Since the launch of the Open Electricity Market (OEM) in 2018, one of the most popular electricity retailers is Keppel Electric. Similar to Sembcorp Power, Keppel is a listed company and a household brand name, so it does
3 ways to save money amid rising inflation in Singapore, Money News,After being hit with a global pandemic, worldwide recession, and an ongoing international conflict, it is no wonder that Singapore is experiencing a huge rise in inflation. As of June, our core inflation (this excludes accommodation
Singapore's Temasek joins Facebook-backed Libra project, Money News,SINGAPORE – Singapore state investor Temasek Holdings has joined the Facebook-backed Libra digital currency project which has faced intense scrutiny from global regulators worried its launch could erode national control over mo
Looking to en-bloc? Key financing issues to consider if it's your first time , Money News,En-bloc sales aren’t always a pot of gold. For investors or homeowners who are well-prepared, it can be a smooth process; but homeowners, especially those who never intended to move, can find it an inconve
REITs with overseas properties: Yay or nay?, Money News,Mapletree North Asia Commercial Trust and Eagle Hospitality Trust, two REITs that are listed in Singapore with overseas assets, have been in the news for all the wrong reasons. If you are not familiar, Festival Walk, one of Mapletree North Asia
Singapore's local banks: Where do they go from here?, Money News,Banks offer a window into seeing how economies and businesses are faring. That is why I like to take a peek at our local banks' earnings and commentaries. Our big three banks are represented by DBS Group Holdings Ltd (SGX: D0
URA is asking questions about property agent commissions, here's how it could affect you, Money News,Property developers have been grumbling of late, and we’re not talking about potential new cooling measures. The gripe has been about property agent commissions, and how they’ve been growing ove
CPF Enhanced Nomination Scheme (2022): What happens to my CPF after I die?, Money News,We’ve come a long way from the GiveMeBackMyCPF days. Now that Covid-19 has thrown the stock market into turmoil, people are actually rushing to give CPF their money, with CPF top-ups reaching a new annual record o
5 best cryptocurrency exchanges to use in Singapore 2021, Money News,So you’ve heard about Bitcoin, Ethereum and Dogecoin giving their investors some truly incredible returns. If you’re feeling major #fomo, here are some of the top cryptocurrency exchanges available for aspiring crypto-investors in
The best mobile business apps to have, Money News,From accounting and expenses to data management and human resources, here are 10 of the best mobile business apps you can find. EXPENSIFY Expensify is one of the biggest mobile expense providers in the world. Why we hear you ask? Well, it's not
Definitive guide to using your CPF to repay your home loan installments for HDB flats and private property, Money News,Times are tough. Singapore is staring at an upcoming recession, with the Singapore Government projecting Gross Domestic Product (GDP) to fall 4 per cent to 7 per cent this year. Une
Gold hits over 1-week high as dollar dips, Money News,BENGALURU – Gold prices touched a more than one-week high on Monday (May 23), as an easing dollar supported greenback-priced bullion, although rising US Treasury yields capped gains. Spot gold rose 0.3 per cent to US$1,850.39 (S$2,500) an ounce a
Life insurers adapt pandemic risk models after claims jump, Money News,LONDON – A coronavirus pandemic which lasts five years, another pandemic in a decade, and ever more transmissible variants are among the scenarios life insurers are predicting after Covid-19 claims jumped more than expected in 20
Uniquely Singaporean ways to accumulate wealth, Money News,Nothing spells Singaporean more than topping up our CPF Special Account. Here are 7 things we do to accumulate wealth that only Singaporeans can relate to. 2020 will not only mark the 55th year of Singapore’s independence, but also go down a
Singapore banks trounce third-quarter profit estimates, wealth management shines, Money News,SINGAPORE – Singapore's top lenders, DBS Group and Oversea-Chinese Banking Corp, posted lower than expected declines in third-quarter profit on Thursday on the back of strength in their wealth managemen
Fixed deposit vs Singapore Savings Bond (SSB) vs Savings Account: Where to put your money?, Money News,Three very low risk instruments available for you to park your hard earned cash — which should you choose? Here’s a look at the current rates and the perks of each option. The serious recession, th
What is MediShield Life: Premiums, coverage, deductibles and claims, Money News,When you fall sick, what’s the first thing you do? Complain about how expensive healthcare is in Singapore? Well, after doing that, the next thing you should do is to see how MediShield Life can help you. But what is Med
Bitcoin slips after Elon Musk fired off tweet hinting at a breakup with the cryptocurrency, Money News,Bitcoin slipped more than three per cent on Friday after Tesla boss Elon Musk fired off a tweet hinting at a breakup with the cryptocurrency, though it remains on course for its best weekly gain in
3 things you must know to survive a market meltdown, Money News,As stock markets around the world tumble into a bear market, I am reminded of the experience I went through more than ten years ago. For investors old enough to remember, the Global Financial Crisis was raging during 2008-2009. It was s
Are property valuations a hidden culprit in rising property prices?, Money News,An often overlooked, but important, element of home loan financing is the valuation. For anyone buying a resale private property, the valuation can impact the initial cash outlay, the stamp duty, and which bank gets chos
Diary of a private investor: When will this nightmare end?, Money News,It seems that some of us might have turned into amateur epidemiologists. We think we know more about the deadly Covid-19 pathogen than even medical experts do. More worryingly, there are some political leaders out there who think
BTO analysis: Which unit to choose for Champions Bliss and UrbanVille @ Woodlands, Money News,There were two BTOs launched in Woodlands during the August 2020 BTO sales exercise: Champions Bliss and UrbanVille @ Woodlands. This analysis will briefly compare both sites while also looking at which are
Everything you need to know about escrow services, Money News,In a property transaction, there’s a lot at stake. To ensure the seller keeps to his end of the bargain, setting up an escrow would hold both parties accountable until the terms of the contract are fulfilled. Dabbling with escrow typicall
CDC vouchers Singapore – Who's eligible & where to use them in 2021, Money News,Budget 2021 was more about sticks than carrots, but one of the few things to look forward to is the $100 CDC vouchers (Community Development Council vouchers), to be distributed to all Singaporean households. But wa
DBS, OCBC and UOB: How did they perform in 3Q 2021?, Money News,Financial updates for the 2021 third quarter (three months ended Sept 30, 2021) from Singapore's listed banks have been filed with the Singapore Exchange. DBS, OCBC and UOB financial performance For the uninitiated, those banks are
Do not agree to an en-bloc sale until you read these 5 factors, Money News,Despite the blow of cooling measures in December , it doesn’t change the fact that developers are facing depleted land banks today. So we can still expect more interest in collective sales, just don’t be expecting many mega-d
Buyer's and seller's stamp duty: What you should know, Money News,Update as of Jan 12, 2022: This article has been updated to include the latest ABSD rates, in light of the recent cooling measures announcement. Stamp duty – it’s one of the many additional but often-overlooked costs associa
A Singaporean's step-by-step guide: Applying for your first HDB BTO (November 2021 BTO sales launch), Money News,Curious about the November 2021 HDB BTO sales launch prices? Looking to BTO soon? The prices for the November 2021 HDB BTO Sales Launch are finally out! Non-mature estates HDB BTO No
6 interesting freehold apartments under $1,400 psf you might be able to buy , Money News,Singaporeans have always had a long-drawn obsession with freehold properties. So much so that for some people, there can be no reasoning with them on the freehold vs leasehold debate — even if the argument is ba
Temasek shifts president, CFO in management shuffle, Money News,Singapore's Temasek Holdings said on Wednesday (Oct 26) President Tan Chong Lee will resign to take up the role as chief executive officer at its fund management firm 65 Equity Partners. In a slew of management changes announced by
2 major challenges for Grab and Razer's digital bank dreams, Money News,Everyone is waiting with bated breath for the results of Singapore’s first digital bank bids. To recap, back in December last year, the Monetary Authority of Singapore (MAS) announced that it will be liberalising the bankin
Everything you need to know about the HDB BTO payment timeline, Money News,Buying a BTO flat is almost a rite of passage for new couples in Singapore. But with the excitement of owning a home, comes the scary part: The BTO payment timeline to pay for the flat. That’s why our top advice for prospecti
Working from home because of covid-19? Here are 7 ways to reduce costs, Money News,Your company has announced that they'd be implementing a split-team operations and you're one of the lucky ones who have been bestowed the privilege to work on your bed at home. Since you're practically
Christmas trees Singapore: 9 places to buy live trees & how much they cost (December 2021) , Money News,Want to make your home look more festive this Christmas season? Then put down that vacuum cleaner and forget about Marie Kondo-style minimalism. All you need is to stick a bauble-filled Christmas
17 cheapest and newest BTO flats that have MOP-ed in 2022, Money News,2022 has seen a bumper crop of flats reach their MOP; around 31,000+ flats to be precise. Good news for home buyers who can’t wait for four to five years for a BTO flat, but there’s one problem: Many of these newer flats are at a
How to buy US shares in Singapore, Money News,As remarkable as Singapore is as a first world financial hub, our local stock market is rather… humdrum. And the main reason for that is – with 5.6 million people – the Singapore market is just too small. So unless a home-grown Singaporean company is abl
6 fastest-selling new launch condos, Money News,New launches are a bit like the Premier League matches of the property market. Behind the scenes, there’s always an undercurrent of nerves as developers – and their marketing teams – see whether their multi-million-dollar ventures are going to pan out.
Here's how to start over financially from zero after a setback, Money News,If there anything that the Covid-19 pandemic has taught us, it’s the fact that life can be so fragile and unpredictable. Who would have thought that a virus that is about 500 times smaller than the size of a hair can wre
Best student credit cards in Singapore (2021), Money News,We study the best credit card picks to help you save on what you might already be spending on in your student life. Read this: Students are eligible for credit cards too! Sure, most of your expenses will be on food, fashion, entertainment, tr
The ultimate financial checklist to get ready for 2020, Money News,In just a few days time, 2020 will be upon us! The start of a new year is always a great time to take stock of our personal finance. And, therefore, we give you a 7-point checklist to help you get ready and take on 2020. 1. RESTRUCTU
9 things to know about Tesla before investing in 2020's hottest stock, in 2021, Money News,One of the hottest, most traded stocks in 2020, Tesla’s share price only knows one way — upwards. Here’s what you need to know about the world’s most well-known electric vehicle maker. Tesla is a company
Should you rent to multiple tenants or a master tenant?, Money News,You have your property all ready to rent out. You’ve reviewed the listing photographs, you’ve read the rules twenty times over, and you’ve gone through the Tenancy Agreements you’re going to use. But if you’re like most new landlord
15 cheapest SIM-only plans in Singapore: Circles.Life, MyRepublic, Zero1, RedONE, Vivifi, Simba, Changi Mobile, Money News,Anybody who cares about saving money should sign up for a SIM-only data plan. These plans, as the name suggests, come with only a SIM card. That means no new handset every two y
5 reasons why your credit card application was denied, Money News,If you’re applying for a new credit card, maybe even your first one, you may have a lot of questions. One major one could be: Can my credit card application get rejected? Will this hurt my credit score? What can I do to get accepted?
Rich mainland Chinese snap up luxury homes in Singapore despite tax hikes, Money News,SINGAPORE – Wealthy mainland Chinese have been the top foreign buyers of expensive private properties in Singapore this year as the city-state reaps the benefits of post-pandemic reopening and a relatively strong c
Here's how Singaporeans can protect themselves from unethical retailers, Money News,From promotional spa packages, to free trials at fitness centres and car grooming workshops, it is the innate nature for many to find the best bargains and to get more bang for their buck. However, there are tim
South Korean boy investor with 43% gains is new retail trading icon, Money News,SEOUL – Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming the next Warren Buffett after earning stellar returns of 43per cent from a hobby picked up
Chinese New Year budgeting (2022): How much does it cost to follow tradition?, Money News,As one half of a young, married couple who's just moved into our own place, I am only just starting to realise that Chinese New Year (CNY) costs a truckload of money. Up until last year when my folks ran t
A first-time homebuyer's journey: My review of 1 Canberra EC and the wider Canberra/Yishun area, Money News,Have you heard of the Yishun curse? I hadn’t till this year, when I forwarded a Yishun property listing to a good friend who immediately texted back “NEVER, NEVER move to Yishun”. This fr
May 2022 HDB BTO overview: Bukit Merah, Queenstown, Toa Payoh, Yishun and Jurong West, Money News,Towards the run-up to the Feb 2022 HDB BTO launch, we weren’t just anticipating the site plans, prices and names (will it contain “Parc” or “Residences”?) of the BTO projects. We were also looking forwa
Rents for HDB flats and condos continue to rise in June as demand surges, Money News,SINGAPORE — Rental prices for homes here continued to rise last month, with HDB rent climbing for the 24th straight month and private apartment rents increasing for the 18th straight month. HDB rents increased by 2.
Bukit Timah maisonette sold for record $1.28m, highest in the estate, Money News,A resale HDB maisonette has been sold for S$1.28 million, setting the record for being the most expensive resale HDB flat in Bukit Timah. Spanning 146 sqm, or around 1,572 sq ft, this translates to a price psf of $814.
Has BTO lost its shine amidst construction delays from Covid-19?, Money News,In Singapore, the common wisdom for homeowners is to start with a Built-TO-Order (BTO) flat for your first home. Once your BTO meets its five year minimum occupation period (MOP), you can then make your next property move:
I own 3 condos in my 40s: Here's what it's like, Money News,For most Singaporeans, owning multiple properties is a classic “shake leg and collect money” scenario. This week, however, we talked to Jasmine (she prefers to exclude her surname), who explains how it’s anything but. In her 40s,
Buying the dip: Should you invest in the stock market now?, Money News,The geopolitical war between Russia and Ukraine rages on. And things aren’t looking too great for the stock market with the Federal Open Market Committee increasing interest rates to combat inflation in the US. For those of us in
Pine Grove and Dunman Road GLS sites: Analysing both condo sites, Money News,The upcoming Government Land Sales (GLS) sites are expected to draw many bidders, as developers’ land banks are dwindling. We think the ones to watch these days are the Pine Grove (Parcel A) and Dunman Road GLS sites. Both
Google, Apple top ranking of Singapore's best employers: Survey, Money News,SINGAPORE – Employers' overall management of the Covid-19 crisis in Singapore was generally seen positively by employees, although some did better than others, according to the results of a survey published on Tues
From $354 million to $313 billion: 5 lessons from how Temasek invests, Money News,You have to hand it to Temasek Holdings. Since its inception in 1974, Temasek has grown its investment portfolio’s net portfolio value from $354 million to $313 billion as of March 31, 2019. For the uninitiated, Temase
What really drove Singaporean real estate prices down during Covid-19?, Money News,Singapore’s housing market is among some of the most expensive in the world. However, with the outbreak of the Coronavirus, Singapore’s real estate market, which has been strong over the past few years, has experience
Government bailouts and what they mean for shareholders, Money News,US airlines finally got something to cheer about. Earlier this week, US senate leaders came to an agreement on a US$2 trillion (S$3 trillion) stimulus bill. A whopping US$60 billion of that will be used to bail out struggling US air
StarHub is facing a perfect storm: What's next for the troubled telco?, Money News,StarHub Ltd (SGX: CC3) has not been having an easy time. Since TPG Telecom won the license for the fourth telco back in December 2016, pressure has been building for the incumbents. Mobile virtual network operato
Can money buy true love?, Money News,\”Papa, can money buy true love?\” – How do you answer this profound question when your teenage kids raise it to you? As a personal finance writer who contributes to DollarsAndSense and elsewhere, this is by far the most controversial topic that I have ever attempt
Should you repay your personal loan early?, Money News,Banks in Singapore charge a small fee if you repay your personal loan early. But in these two situations, it might just be worth it. Sometimes, life throws us a curveball and we find ourselves in need of extra money. Thankfully, Singapore’s comp
Most popular credit cards in Singapore (2021), Money News,Wondering which credit card to apply for? Here’s a round-up of the top 5 most popular credit cards in Singapore to get you started. Which are the most popular credit cards in Singapore? Depending on what you value and what you spend each mont
How to properly plan your timeline when upgrading to a resale condominium, Money News,One of the main hassles of upgrading that many people don’t think about is the timeline. From getting the sale proceeds of your flat, to being able to move in on the right date, there’s always the risk that you cou
SaxoWealthCare review: Is this the best robo advisor in Singapore?, Money News,Robo advisors are having their moment in the sun, now that MAS has banned cryptocurrency trading services from advertising in Singapore. Ads for robo advisors are plastered everywhere, including SBS buses and taxis. Keen
8 best investment apps to use right now, Money News,From personalised stock lists to latest news, customised portfolios and community discussions, here are some of the best investment apps to download. There are a great many mobile apps out there that, one way or another, cater to the needs of activ
Singapore keeps monetary policy on hold amid patchy recovery, Money News,SINGAPORE – Singapore’s central bank kept monetary policy settings unchanged on Wednesday (April 14) and said the accommodative stance was appropriate due to a benign inflation outlook and global economic uncertainties caused b
4 types of credit cards with lifetime annual fee waivers, Money News,Imagine never having to call to waive your credit card annual fee… ever. That’s the dream, isn’t it? Here are four ways to get lifetime annual fee waivers. Most credit cards in Singapore come with annual fee waivers for only the fi
Which districts have seen the strongest gains since Covid-19?, Money News,It may sound like a bit of a strange title, given that most people wouldn’t expect to associate gains with the word Covid-19, but this is the current situation we find ourselves in. If you’ve been following the news, you’ll no
The Watergardens at Canberra review: Affordable PSF entry but far from city , Money News,Our verdict 73 per cent The Watergardens at Canberra represents an affordable entry for a new launch condo today. It is very much a family-friendly option as long as you can accept the further away location. Our
Grab hires SATS CEO Alex Hungate as chief operating officer, Money News,Singapore-based ride-hailing and payments firm Grab on Monday (Oct 4) named Alex Hungate, the CEO of in-flight catering services firm and airport ground handler SATS, as its new chief operating officer, with effect from January
Fed interest rate hike: What this means for Singaporean homeowners, Money News,While most of Singapore was sleeping, the US Federal Reserve raised its interest rates yet again. Known to the common man as The Fed, the whispers of interest rate hikes have been swirling around the financial sector for
How much you could earn as a freelancer, Money News,Freelancing is becoming a way of life for many people in Singapore, especially as the cost of living has increased. Luckily, there are many freelancing opportunities in Singapore and just a little commitment of your spare time and existing assets w
10 prudent things you can do with your travel fund if Covid-19 has derailed your trip, Money News,With a steady stream of Covid-19 government travel advisory trickling in, you might be taking one less overseas trip this year. But with a few extra hundred dollars saved, it's a good time to stock
5 life lessons with Blinq CEO Bob Chua, Money News,Think working in the fashion industry is all glitz and glamour? Founder and CEO of luxury fashion online marketplace, BlinQ, Bob Chua, talks us through the five key principles that have driven him to success. THINK DIFFERENTLY As entrepreneurs, we a
Natura Loft DBSS review: A condo-looking HDB flat with excellent amenities, Money News,Project: Natura Loft HDB Town Bishan Address: 273A-B, 275A Bishan Street 24 Lease Start Date: Aug 2011 No. of Units: 480 If Natura Loft sounds familiar to you, it could be because it has been making headlines for
How to sell your HDB DIY-style, and save on property agent commission, Money News,Planning to put your home on the market? If you’re curious about going the DIY route and keeping the 2 per cent commission for yourself, here are the steps you need to take. Selling your HDB without the help of an agen
Keppel sticks to final $3.74b bid for SPH despite superior offer, Money News,Keppel Corp maintained on Tuesday (Nov 16) its revised offer of $2.351 per share to buy Singapore Press Holdings, excluding its media business, a day after Cuscaden Peak swooped in with a superior bid for the media and real
CPF top-ups hit all-time high of $4b in 2021: Should you top up your CPF too?, Money News,There was a time when #givemebackmycpf was a thing. These days, people are voluntarily giving their money to CPF instead. In 2021, CPF top-ups hit a new annual record of $4 billion, with more than 220,000 peopl
$3.1 million profit in 3 years? Here's how condo sub-sales have been performing, Money News,With the introduction of Sellers Stamp Duty (SSD) years ago, the idea of rapid house-flipping has more or less petered out. But “rare” doesn’t mean “never” – and in the currently thriving property market
4 reasons why some Singaporeans still use debit cards, Money News,Here are 4 great reasons why debit cards could still deserve a spot in your wallet
Renting to expats? 6 key factors to note for better returns , Money News,Expats are the common tenant demographic that landlords think about. However, landlords looking at this demographic face intense competition; and the properties that cater to expats are often on the pricier end. This can mean l
What to look out for at a resale condo viewing: A step-by-step walkthrough, Money News,For any first-time homebuyer, looking to buy your first home is always going to be a daunting experience. Especially if you are looking at the resale market, you absolutely have to make a trip down (or several) to
After recent Cluny Hill GCB purchase, Haidilao co-founders and families now have 3 GCBs near each other, Money News,Over the weekend, Sichuan hot pot chain Haidilao International’s co-founder Shi Yonghong, was reported to have paid $50 million for a Good Class Bungalow (GCB) at Cluny Hill from Dr Le
What is a debit card and how does it work?, Money News,With similar payment capabilities as credit cards, yet none of the high interest charges, debit cards are an increasingly popular choice among debt-wary Singaporeans. According to a recent Straits Times report, debit cards have seen a surge in p
Where to find the cheapest resale flats in Singapore?, Money News,Despite new cooling measures , there’s no immediate relief for resale flat buyers. Let’s be frank: prices aren’t going to drop just because of minor loan curbs in the short term, and ABSD is more of an issue for the private market. So
POSB SAYE account review: Earn additional interest on your monthly savings, Money News,POSB SAYE (Save As You Earn) is a special savings account that allows you to earn additional interest on your monthly savings. The game-like mechanism compels you to save regularly every month, making it easy to s
Unity, Resilience, Solidarity Budget 2020: Here's how much S'pore households will be getting (and when) to help tide through the Covid-19 crisis, Money News,Three days after Prime Minister Lee Hsien Loong announced elevated “circuit breaker” measures to contain the Covid-19 spread in Singa
We spent $25,000 to raise our child in the first year, Money News,HOW MUCH DOES IT COST TO RAISE A BABY IN SINGAPORE? Nate turned one recently and in total, we calculated that we've spent $25,000 on key essentials for his first 12 months of life. Here's how our breakdown looks like: I'
Digibank apps: Which bank has the best all-in-one experience?, Money News,Digibank apps are likely some of the most used apps on your mobile device if you’re one who enjoys staying on top of your finances. Find out which bank’s mobile app offers features that make customers’ experience that much mor
10 things you need to know before you invest in Amazon shares, Money News,Jeff Bezos steps down on July 5, 2021 as the CEO of Amazon. Here are 9 things investors and non-investors need to know when putting your money into Amazon shares. A stock that needs no introduction, Amazon is undoubtedly the t
House hunting advice: Is Glyndebourne or The Equatorial the better choice for a freehold condo in Stevens?, Money News,Hi Stacked Homes, Wanted to get your views on freehold condos around Stevens. I noticed that many of those that are launched around 2010 or so (during the recovery period I assume)
Best travel insurance with Covid-19 coverage for children, Money News,As sensible readers, we know you wouldn't dream of going abroad without travel insurance. Especially, not now that rona is a thing. Well, if you're a parent travelling with kids who will no doubt insist that you sacrific
How much will you really earn by selling your home?, Money News,The first step to any successful property transaction is in the calculation. A well-evaluated financial plan will ensure that you have considered all the costs and essential components before deriving the decision to sell and at what pr
Samsung's Lee leaves behind US$21b wealth for inheritance, Money News,SEOUL – Lee Kun-hee, South Korea’s richest person and chairman of Samsung Electronics Co, died on Sunday, leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance t
6 common mistakes to avoid right-sizing to HDB flats, Money News,With private property prices at a peak, some Singaporeans may decide this is the time to right-size and make a big contribution to other financial goals. While it’s not a bad idea in 2022, do make sure you’re up to date on all the rule
Walk-up apartments: Treasures or traps?, Money News,More than one Singaporean (or expatriate) has been ambushed with a walk-up apartment. You’re told a particular property is spacious, it’s got a great location, low price, etc. but then you arrive and find out the one problem: No elevator. We find i
Citi Lazada credit card review – is it only good for Lazada shoppers?, Money News,From the unexpectedly popular UOB KrisFlyer card to the newly introduced GrabPay credit card, there have been quite a few branded credit cards launched in the market. Here’s one more to add to the list: the Citi Lazada
Coronavirus: Who wins and who loses in the business world, Money News,Who comes out on top after the global pandemic clears? Although it is far too early to say what life will be like once the global pandemic that is Coronavirus abates, as we adjust to our new normal, it has become hugely apparent t
How much is Zoom worth? , Money News,2020 has been a write off for so many businesses. The likes of travel, retail, hospitality and F&B have all been so severely hit that it's hard to imagine anyone coming out of this global pandemic on top. Well think again. What do we spend our days doing
My CNY wish list for improving Singapore's retail bonds market for investors, Money News,Singapore Exchange's regulatory arm, SGX RegCo, announced recently that it has established a working group of industry professionals and investors to review the regulatory framework for Singapore'
August 2022 HDB BTO in-depth review: Ang Mo Kio, Money News,If you’ve been looking for bigger space, but find that the ones on the resale market have been too expensive, look out for the Ang Mo Kio HDB BTO in the August 2022 launch. Not only is it offering 5-room units, but also 3Gen flats. August 2
Cryptoverse: Shrimps and whales keep bitcoin afloat, Money News,The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter. These two contrasting groups are both HODLers – investors in bitcoin as a long-term proposition who refuse to sell their
Credit Suisse looks to speed up cuts as revenue outlook worsens: Sources, Money News,ZURICH – Credit Suisse is looking for ways to accelerate cost cuts announced just weeks ago as client outflows and a slowdown in activity weigh on its revenue outlook, three people with knowledge of the talks said.
Temasek buys Bridgepoint's Element Materials in $9.4b deal, Money News,LONDON – Singaporean state-owned investor Temasek has acquired Element Materials Technology Group from Bridgepoint, the London-listed private equity firm said on Tuesday (Jan 25). The terms of the deal were not disclosed but
I won't save $100k before 30 and that's okay, Money News,I know what you’re thinking… Another article about saving $100,000 before you hit the big three-zero? Before you click away, hear me out. I am sure you would have come across or heard about people who have managed to hit this impress
Can Alibaba Health Information Technology transform China's pharmaceutical industry?, Money News,WHAT IS ALI HEALTH INFORMATION TECHNOLOGY? Alibaba Health Information Technology Limited (AliHealth) was formed in 2014, after Alibaba and Yunfeng Capital Ltd., a private-equity firm set up by Aliba
One thing that won't change in the stock market, Money News,Ray Dalio published an article in July 2019 that captured plenty of attention from the investment industry. When Dalio speaks, people listen. He is the Founder, Chairman, and Co-Chief Investment Officer of Bridgewater Associates, an in
Are your stocks on SGX's blacklist?, Money News,Singapore-listed companies are now given the option to move away from quarterly reporting (QR). But not every company will get that option, especially if they are earmarked as \”risky\”. Since 2003, companies with a market capitalisation above $75 m
How much does it cost to get dental braces and Invisalign in Singapore?, Money News,An attractive smile can transform a person’s looks. Having nice teeth can be a huge confidence booster. This is why many Singaporeans may want to get braces for their teeth. From metal to ceramic braces to clear alig
Couple buys Marine Parade HDB flat for over $1m despite 51 years left on lease, Money News,Living by East Coast Park is a proposition that will interest many. But be prepared to fork out a premium as property in this area ain't cheap, especially those sea-facing ones. This applies to HDB flats
Should 'sandwiched Singaporeans' rent first, or buy the cheapest condo they can afford?, Money News,Should you rent or buy? With homeownership rates in Singapore at a staggering 90.4 per cent, you might think that this scenario isn’t something that many people would experience. After all,
15 most profitable condos by transactions, Money News,We last wrote about the 13 condos with the most unprofitable transactions (sorted by region) in Singapore. And with condo prices going up everywhere, it can seem like there’s “no wrong choice” right now. But remember that things can change fast i
These 3 REITs are still cheap. But are they worth buying?, Money News,The REITs sector took a big tumble back in March when the stock market crashed. Back then, fear was swirling over whether REITs would be forced to drastically cut their distribution per unit (DPU) to weather the Covid-19 storm. Wh
What happens to my HDB after I die? Understanding the CPF Home Protection Scheme, Money News,When we talk about insurance, the Home Protection Scheme is one that is easily overlooked. Especially for couples and young families with new BTO flats, this is a scheme you should know of, as it serves as a
Cryptoverse: Elon Musk frees the bird and the dog coin flies, Money News,SINGAPORE – It's no joke. Elon Musk's acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame. Dogecoin's price doubled after the Tesla tycoon completed t
A detailed comparison of the 7 new launch condos at Holland Village and unit picks, Money News,These days, you can’t walk more than 10 minutes around Holland Village without seeing a new condo for sale. It probably isn’t a surprise to anyone too, given that there were a ton of en bloc deals happenin
3 key things investors should know about UOB's latest earnings report, Money News,United Overseas Bank Ltd, or UOB, released its earnings a few days ago. It was the second bank to release earnings after DBS Group Holdings Ltd. Total income for UOB remained flat year on year, while net profit pl
How you can control your debt in 2020, Money News,Before 2019 draws to a close, it's time for you to evaluate how much debt you still have. If your debt burden is higher than 40 per cent of your income, it can be quite overwhelming. However, with 2020 bringing a fresh chance for you to emerge d
How does having fewer big property agencies affect homebuyers?, Money News,It was just in 2017 that OrangeTee and Edmund Tie & Company announced a new joint venture called Orange Tee and Tie (OTT) to form the third biggest property agency in Singapore with more than 4,400 agents. How things have
5 ways we're already planning for our retirement without realising it, Money News,If you're in the workforce and think Singapore is an expensive place to live, try doing it without an income. That's exactly what retirement is – when you continue to have similar daily living expenses w
What happens to your CPF grant monies when you sell your house?, Money News,As Singaporeans, we are all appreciative of the substantial grants we receive when we buy an HDB flat. However, some of us might ponder a little more about the three-letter acronym of \”CPF\” in the name of the grant – \”Enhanc
3 tips to save on healthcare in Singapore, Money News,Singaporeans are known to enjoy high-quality healthcare and live long lives–beating the global life expectancy average by over 12 years. The country ranks number one out of 188 nations in the United Nations' health goal rankings. However, th
166 million-dollar HDB resale flats sold in the first half of 2022, Money News,31 HDB resale flats were transacted for at least a million dollars last month, according to the 99.co and SRX Flash Report on the HDB resale market in June 2022. This brings the total number of million-dollar flats sold i
Does a high COE price mean a higher car resale value?, Money News,Generally, when COE prices start climbing, used car dealers start bumping up the price of their used car listings on Sgcarmart. Naturally, car owners would also expect the value of their cars to spike. However, this trend has not been
Why the US stock market has gone up over the past decade, Money News,Since the start of 2010, the US stock market — as measured by the S&P 500 — has nearly tripled, from 1,124 points to more than 3,300. This meteoric rise in US stock prices has prompted plenty of commentary within the investment
Ki Residences, Phoenix Residences, or The Arden: Which 3-bedroom is better if you have a $2m budget?, Money News,Hi, I will share more background on my scenario. I am looking for a condo that can house six persons (myself, my wife, my mum, two toddlers, and a helper) thus space is quite important an
How did this Singaporean make $24b during Covid-19?, Money News,The answer is more obvious than you might think When the rest of the world is financially suffering from the ripples of Covid-19, this Singaporean entrepreneur is facing quite a different balance sheet. As the virus hit, the two things
16 condos within 1km of popular primary schools in the East ($1.5m budget), Money News,For all you young parents out there, we understand you want the best for your children – and that includes getting your child into the best primary school possible. But as with many things in life, there will alwa
Musk says $61 billion Twitter deal on hold over fake account data, Money News,Elon Musk tweeted on Friday (May 13) that his US$44 billion (S$61b) cash deal for Twitter Inc (TWTR.N) was \”temporarily on hold\” while he waits for the social media company to provide data on the proportion of its fake acc
Money Muse: Always invest in and pay yourself first, says young dad, Money News,Money Muse is AsiaOne's maiden series of profile interviews with financial and investment bloggers where we learn more about what they do, how they started writing, their motivations as well as lessons gleaned throu
Are subsidised phone plans worth getting compared to SIM-only plans in 2021?, Money News,By now, most of us already know that SIM-Only plans are cheaper compared to subsidised phone plans. This is logical since SIM-only plans do not provide any phone subsidies, which means they can offer a lower mon
We review May 2021 HDB BTO launch sites (Tengah, Woodlands, Bukit Merah, Geylang), Money News,With the February BTO launch covered, the next centres of attention are Tengah (again), Woodlands, Bukit Merah, and Geylang. This makes for an interesting group of launch sites for May 2021, with much debat
5 best investment brokerage promotions (2021): Free Apple shares & more , Money News,Investment brokerages and Robo advisors are a dime a dozen these days. For us as potential customers, that’s good news, as it means they’re now fighting tooth and nail for a slice of the pie and doling out some swee
What is share value, and how does it affect en bloc sales proceeds?, Money News,Long before the inception of the Building and Construction Authority (BCA), Singaporeans resolved their neighbourly differences through kampong spirit. Which, according to my grandmother, involves situations like nailing
US interest rates hit 14-year high in inflation battle, Fed chief Powell vows to 'keep at it', Money News,WASHINGTON – Federal Reserve Chair Jerome Powell vowed on Wednesday (Sept 21) that he and his fellow policymakers would \”keep at\” their battle to beat down inflation, as the US central
Twitter CEO Agrawal tells employees company not 'held hostage' by Musk offer, Money News,SAN FRANCISCO – Twitter Chief Executive Officer Parag Agrawal sought to reassure employees during an all-hands meeting on Thursday (April 14) that the company was not being \”held hostage\” by news of El
33 new-launch condos near their ABSD deadline in 2022 and 2023, Money News,With the new condo supply at a current low, the chances of a discount are slim in 2022. But if there’s one thing that could still pressure developers into discounts, it would be the Additional Buyers Stamp Duty. While this wa
2,000 new units for GLS sites in 2021: We review the 4 new additions , Money News,Some eyebrows were raised last week, when the supply of Government Land Sales (GLS) sites was hiked. In the first half of the year, the government had been quite conservative with supply, on the back of Covid-19. Yet f
What do rich Singaporeans spend their money on?, Money News,Just a short drive around Singapore will show you how very wealthy this Little Red Dot really is. From the mansions on Nassim Road to the fact that Singapore has more billionaires per square capita than anywhere else in the world just shows
Popular Queenstown, Jurong East to have BTO flats for first time in decade, Money News,SINGAPORE – For the first time in almost a decade, some 610 build-to-order (BTO) flats in Queenstown, Singapore's oldest town and one of the most sought-after mature housing estates, will be launched for sale
Insurance claims in Singapore: How they work & what you need to submit, Money News,The first thing most people do when they need to make an insurance claim is to send a panicked WhatsApp message to their insurance agent. But your agent is only human and might not always be able to grant your every w
Yong An Park unit is the most profitable resale unit in Q3 2021, earning $8.7m in profit, Money News,In September, a 25th floor unit at Yong An Park unit in River Valley was transacted for $12.5 million. Given that the sellers had bought the unit for $3.8 million back in 2000, they earned a whopping
90% of Ukrainian population could face poverty in protracted war: UNDP , Money News,GENEVA – Nine out of 10 Ukrainians could face poverty and extreme economic vulnerability if the war drags on over the next year, wiping out two decades of economic gains, the UN Development Programme (UNDP) said on W
Opportunity costs of using your CPF to finance your home loan, Money News,For many Singaporeans homeowners, paying off their home loans using their CPF seems to be the default option. This could possibly be attributed to the lack of understanding of CPF. A common misconception is that your CPF is mo
Is Domino's Pizza Inc a good investment?, Money News,Domino’s Pizza Inc shareholders have been massively rewarded over the past decade or so. Can the company continue to deliver? Many of us would have heard of Domino’s Pizza before but did you know that Domino’s has also been a great stock to o
Your stock has risen 20%. Should you buy more, hold or sell?, Money News,March saw the sharpest stock market decline in history. But in April and May, investors experienced a bit of a recovery from the market's lows. And now, in just the first three days of June, we are witnessing a stunning ra
Are new launch big bedroom units getting more expensive?, Money News,I’m sure most of you would know the drill by now when it comes to general new launch pricing. Small units equals higher PSF, big units equals lower PSF. In the past few years where there has been added emphasis on smaller units to
Dependants' Protection Scheme (DPS): Eligibility, premiums & how to claim, Money News,When a Singaporean young adult starts earning a full-time salary, it’s almost a rite of passage to get bombarded with mail from banks and insurance companies. At the same time, CPF will also send a letter rega
HDB BTO, EC & DBSS: What's the difference?, Money News,Over the past several weeks, we've seen record-breaking sales of HDB resale flats, particular the ones from DBSS (Design, Build and Sell Scheme) developments, like the $1.36 million Natura Loft resale flat in Bishan and the $1.295 mill
How to cancel your credit card: Citibank, DBS, Standard Chartered and OCBC, Money News,The world of credit card benefits is so fickle. Benefits change like the wind – your proudest 8 per cent cashback benefit can get removed anytime. What was once your beloved go-to credit card with the best promoti
Should you invest in Initial Public Offerings? , Money News,For the uninitiated, an initial public offering (IPO) is a process whereby a private company offers its shares to the public for the very first time. Once the company become listed, its shares are traded on the stock market. Many investors
Here's what you can do legally as recourse if a company owes you money in Singapore, Money News,In tough financial times such as the one we find ourselves in, the last thing we need is to be owed money by companies whom we engage with for goods or services. This is true whether we're consu
Japan's finance minister vows 'appropriate steps' to tackle volatile yen moves, Money News,TOKYO – Japanese Finance Minister Shunichi Suzuki said the government will take appropriate steps against excessive currency market volatility, following the yen's slide to a fresh 32-year
Citibank Cash Back Card review 2022: Get up to 8% cash rebate on everyday spending categories, Money News,The Citibank Cash Back Card is one of the most eye-catching cashback cards in Singapore, promising up to eight per cent cash rebate (huat ah!) on everyday spending categories. In contrast, the a
Grab-led GXS rolls out Singapore's first digital bank, Money News,GXS Bank, the digital bank joint venture between ride-hailing firm Grab Holdings and Singapore Telecommunications, on Wednesday (Aug 31) launched Singapore's first digital bank and bundled it with a savings account. The GXS
CPF Special Account (SA) Shielding: How you can perform this retirement 'cheat code', Money News,If you’re living in Singapore, the planning of your finances and your retirement cannot exclude your CPF. From the day you start working, you’ll be contributing to your CPF Ordinary Account (OA
Upgrading from a BTO flat to a 1,550 sq ft executive apartment: How a couple did it with a $50k reno budget, Money News,For some people, their first home may just be their forever home. But for others, the unpredictabilities of life can really change, and you can outgrow your existing house more qui
This is what our grandparents did to manage risk and save money, Money News,Back in those days where insurance or investments were inaccessible to ordinary folks and collaterals were hard to secure, tontine schemes – or \”hweis\” and \”duit kutu\” as your grandparents may have called them – was one of t
What you should know about ComfortDelGro Taxi's first ever full year loss, Money News,Comfortdelgro Corporation Ltd (SGX: C52), or CDG, is a land transport conglomerate with a total fleet size of 41,600 buses, taxis and rental vehicles. Yesterday, the group announced an extension to the rental
Are you making the most of your credit card points?, Money News,Here's something that may surprise you – contrary to popular belief, most miles card don't actually earn you miles. Unless you're holding a cobrand card like the KrisFlyer UOB Credit Card, AMEX KrisFlyer Ascend or AMEX Kr
The best fixed deposit promotions in Singapore (June 2020), Money News,Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park your money with a bank. Think o
3 Singapore stocks to consider buying right now with $10k, Money News,Now with the coronavirus battering the global and local economy alike, and bank interest rates getting lower and lower, investors might be wondering where can they put their spare cash into. Wonder no more. If you have $10,000 tha
Vaccine Injury Financial Assistance Programme: How much will MOH be insuring for serious side effects related to Covid-19 vaccination?, Money News,Last week, the Ministry of Health (MOH) announced that it would be introducing a vaccine injury financial assistance programme (VIFAP) to provide financi
$60 million please: Chinese national forks out 8-figure sum for 4 condo units on Orchard Boulevard, Money News,Owning a private property in Orchard is the epitome of luxurious living in Singapore. A Chinese national went a step further when he purchased four units from 3 Orchard By-The-Park, all at
In China, homebuyers occupy their 'rotting', unfinished properties, Money News,GUILIN, China – For six months, home for Ms. Xu has been a room in a high-rise apartment in the southern Chinese city of Guilin that she bought three years ago, attracted by brochures touting its riverfront view
Singapore Airlines pursues Air India stake to expand market presence, Money News,Singapore Airlines Ltd (SIA) said on Thursday (Oct 13) it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigg
Here's how your dividends can help to generate even more dividends, Money News,There’s probably nothing more joyful than hearing that “ka-ching” when a dividend cheque lands in your bank account. Of course, the days of receiving dividends in the mail are numbered as electronic transfers eventua
A first-time homebuyer's journey: List of 27 ECs with big units and a review of Citylife @ Tampines, Money News,Having viewed a number of ECs in the last few weeks, it seems that the developments with a fewer number of units (lower-density) generally tend to be older ones. More recently-built E
What The Beatles can teach you about finance, Money News,The Beatles and finance — sounds disconnected? Well, turns out you can adapt their approach to music to your finances. Curious? Read on! No, we're not going to say \”All You Need Is Love\”. This article has more to do with what one can lear
The definitive Singapore neighbourhood guide: Is the Bukit Batok neighbourhood more than just a quarry?, Money News,To help you find the best place to live in, we decided to create this Definitive Singapore Neighbourhood Guide series. Where we lay out the facts of the neighbourhood and evaluate it
Here's how to invest with just $2,000, Money News,Investing does not require a lot of money. But while it is possible to start with just a few hundred dollars, it might not be comfortable for those who have started working only recently, according to Hazelle Soon, co-founder of The Joyful Inves
Touring Hillview Garden Estate: A freehold landed estate in Upper Bukit Timah with prices from $3 million, Money News,It is notoriously difficult to find an affordable, freehold landed house (or even a reasonably-priced leasehold landed one!) in Singapore, especially in Bukit Timah, which has many G
Inflation in Singapore hits 13-year high, expected to continue rising, Money News,SINGAPORE – Consumer prices in Singapore continued to climb in July and core inflation hit a 13-year high, with economists saying respite is still months away. Core inflation, which excludes costs of private transport
7 cheapest new-launch condos with 3 bedrooms under $2 million in 2022 , Money News,With even OCR new launches priced at $2,000+ psf, it's an unofficial truth that HDB upgraders are mostly priced out. The chances of getting a family-sized condo unit, with a quantum of $2 million or under, seem t
Is now a good time to buy a property?, Money News,As the world economy plunged into a crisis during the Covid-19 pandemic, Singapore has reportedly entered a recession. With the second-quarter gross domestic product (GDP) taking a 41.2 per cent dive, Singapore's economy has also contracted by 1
NYON review: Peranakan-inspired boutique condo, Money News,Stacked Rating: 77 per cent Unit Efficiency 4/5 Unit Size 3.5/5 Quality of Fittings 4.5/5 Design 4.5/5 Variety of Facilities 2.5/5 Quality of Facilities 3.5/5 Surrounding Amenities 4.5/5 Developer 4/5 Transport Links 4.5/5 Driving Accessibil
Home-school distance new rule: Why we'll see greater competition in some neighbourhoods, Money News,When the Ministry of Education (MOE) announced changes to the home-school distance (HSD) rule in early September 2021, there’s a general assumption that parent-hopefuls would scramble to secure a
3 key risks when investing in REITs (and how to avoid them), Money News,Real estate investment trusts, or REITs, have done extremely well as an asset class. Since the very first Singapore REIT, Ascendas REIT, was listed back in 2002, there has been a slew of IPOs for different REITs covering a wide
Which S-REIT could face a cashflow problem?, Money News,It has been a nightmarish two weeks for Real Estate Investment Trust (REIT) investors in Singapore's stock market. Almost every S-REIT was massively sold down, with many losing more than 50 per cent of their value. Investors who invested o
MAS Payment Services Act: Why DBS Vickers is allowed to trade crypto while Binance.com is banned, Money News,A couple of weeks ago, Binance International (Binance.com) made the headlines in Singapore because it was ordered by the Monetary Authority of Singapore (MAS) to cease providing payment servi
UOB Priv Miles Credit Card review: Generous miles conversion for both local and overseas spending, Money News,The UOB Priv Miles Card is one of the best air miles credit cards in Singapore with high earn rates of $1 = 1.4 miles (local) and $1 = 2.4 miles (overseas). This is all the more impressive c
What you need to know about MAS' newly-announced bank loan and insurance premium payment deferments, Money News,As part of efforts to complement the government's relief measures for individuals and companies as a result of the ongoing Covid-19 situation and resulting economic impact, the M
Where does the money from fines go to in Singapore?, Money News,Fines are commonly used as deterrence to enforce rules and legislations in Singapore. A monetary punishment for breaking a law or a rule, fines can be issued to anyone including legal entities. Some examples of fines in Singapore that c
What are assets and asset classes? AsiaOne launches financial video series Moneywise, Money News,Want to learn more about personal finance and investing through fun and easy-to-consume videos? Now you can with Moneywise, AsiaOne's new monthly video series hosted by Steven Peeris, a market analy
Chip makers have a message for car makers: Your turn to pay, Money News,The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two years are easing – at a new and permanent cost to the car companies. What had been “war room operatio
3 ways to boost your brain power & your wallet, Money News,If you're like many Singaporeans, you may turn to nutraceuticals, vitamins, and other supplements in hopes of improving your memory and cognitive function. Unfortunately, there's a lack of robust evidence that shows that these are
Singapore hospitality REITs stand to benefit from Budget 2020, Money News,Hospitality Trusts suffering lower occupancy due to the Covid-19 outbreak will soon get some relief from the Singapore Government. Budget 2020 is granting a 30 per cent rebate for the accommodation and function room components
3 reasons why I think this stock will do well, Money News,It’s not often that you encounter a company that offers a mix of growth and dividends . Especially during a pandemic that has depressed Singapore’s growth to its lowest since independence. Singapore Exchange Limited, or SGX, is one such compa
Why are landed home sales hitting new highs despite Covid-19?, Money News,If you’re like most people, you might guess the most expensive property segment – landed property – will fare worst in the downturn. After all, who would buy a bungalow or Semi-D in Singapore’s worst economic situation to date
What's driving the aggressive bids for the Tanah Merah and Yishun GLS sites?, Money News,Given the current Covid-19 crisis, you’d think developers would want to play it safe. After all, who would dare to make aggressive bids for Government Land Sales (GLS) sites, when we don’t know how the mark
How to make babies millionaires in Singapore (Using CPF!), Money News,Recently, I was honored to be interviewed by Michelle Martin, MoneyFM 89.3 on “Becoming a Multi-Millionaire the Singapore Way”. One of the ideas that I introduced “Make Baby Millionaires (MBM)” by topping up your child’s CPF Speci
We make $350k per year and are both 30 – which of these 3 condos is best with primary schools in mind?, Money News,Happy to say I am an avid follower and reader of your site as it provides really helpful insights to home ownerships in Singapore. I am reaching out to you in hopes that you might provi
Most expensive 4-room resale flat: Pinnacle@Duxton unit sold for $1.37m, Money News,A 1,001-sqft 4-room (Type S1) flat at the 46-48th floor of Blk 1D of Pinnacle@Duxton has just been sold for $1.37 million ($1,368 psf) in October 2022. The sale has made it the most expensive 4-room HDB resale flat i
What happens if you lie about your medical history when buying critical illnesses insurance in Singapore?, Money News,Reflected in an 85 per cent critical illness protection gap in Singapore, it is apparent that many Singaporeans overlook the importance of or are unaware of the benefits of critical
Singaporeans worry most about unexpected expenses – here's how to deal, Money News,Are you financially fit? Check out five simple ways you can uplift your financial fitness to be in better shape. In the second half of 2020, HSBC conducted a FinFit Index study across 1,200 respondents to uncover
Which debt should you pay first? Road to being debt free, Money News,Paying off debt isn't easy. Many of us have struggled only to pay the minimum amount each month or found ourselves surrounded by multiple sources of debt. Singaporeans have more access to different lines of finance than ever b
Jeff Bezos pledges $1.35 billion to biodiversity, conservation efforts, Money News,AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. Amazon founder Jeff Bezos pledged on Monday (Sept 20)
HDB resale volume drops by 24.1% in October, prices increase by 0.5%, Money News,Following 28 months of price growth in the HDB resale market, price resistance may be kicking in. As reported in the 99.co and SRX flash report on the HDB resale market in October, prices of HDB resale flats increased b
The Fed's coronavirus Fed rate cut could affect your mortgage rates, Money News,In an effort to stem the economic and financial impacts of the coronavirus, the US Federal Reserve announced that it would reduce its target interest rate by one-half percentage point, to 1-1.25 per cent. While it w
Top 10 Singapore districts with the highest property appreciation, Money News,How much can change in 10 years? If you’re in a small, fast-paced country like Singapore, the answer is “to the point of unrecognisability”. Today, Orchard has been dethroned by Beach Road in terms of price per square foot
CPF Shielding Hacks (Special Account & Ordinary Account): Do they really make sense?, Money News,Today, many more people in Singapore are becoming aware of their CPF accounts and interested to find out how to optimise their funds in there – which can be a substantial sum. One increasingly popular tr
More newly launched condominiums that are close to TOP in 2022, Money News,Time flies, doesn’t it. It’s crazy to think that we have been living with the pandemic for nearly two years at this point. The glut of en bloc and land sales from 2017/2018 seems like such a long time ago now, but we are begi
Where to find the cheapest 5-room resale HDB flats in 2022, Money News,It’s been more than a year since we last looked for the cheapest 5-room flats; and given that 2021 to 2022 has seen significant changes, it’s high time for an update. While the most affordable HDB towns haven’t changed much (save
First-time landlords take note: Here’s how much you need to save before buying a rental, Money News,So your Minimum Occupation Period is finally up, and you’re ready to plunge into an investment property; or maybe you’ve got your eye on a well-located one-bedder in town. The first rental property is
No plans to delist? SIA says it has funds that will enable them to re-emerge as Covid-19 pandemic recedes, Money News,SINGAPORE – Singapore Airlines (SIA) had sought and obtained overwhelming shareholder support to raise funds through its Mandatory Convertible Bonds (MCB) and rights share issues – f
5 things I learned from the 2020 Singapore Airlines AGM, Money News,The airline industry has been one of the hardest hit due to international border closures caused by Covid-19. For the first quarter of FY20/21, Singapore Airlines (SIA) reported a net loss of $1.123 billion.This is compared to the $
DBS Altitude card review 2021: The air miles card for fresh grads and young working adults, Money News,Yet another DBS credit card? You’ll want to pay attention to this one though. The DBS Altitude Card is one of the most popular air miles credit cards for fresh grads and young working adults. You e
10 key factors to help you pick the ideal new launch condominium unit, Money News,The hard (or fun?) part is over. You’ve found your ideal condo development – it’s near to the MRT, there’s a 50m infinity lap pool, and the clubhouse has a karaoke room, lounge area, and even a foosball table. What mor
What is the annual value of your property?, Money News,Amidst all the announcements in last week's Budget 2022 speech, one caught our attention — there's going to be an increase in property tax rates. The good news? It's only going to affect properties with an annual value of over $30
Best frequent flyer plans to upgrade your travels in 2022, Money News,Being a part of a good frequent flyer programme is the key to travelling in comfort. Earning miles and climbing tiers, can allow you to enjoy lounge visits and business class seats without spending a single extra cent. Now that tr
Unliveable Sydney homes going for millions in Australia housing boom, Money News,SYDNEY, June 23 – Sydney houses with crumbling walls, shredded ceilings, and bathrooms and kitchens stripped of fixtures are getting snapped up for millions as buyers try to grab a slice of Australia's soaring prop
Philip Morris's 5.5 per cent yield incurs virtually zero dividend withholding tax, Money News,PHILIP MORRIS: A SIN STOCK AIMING TO DO GOOD To some, Philip Morris is considered a \”SIN\” stock that they will not engage with a 10-foot pole. Well, this is a cigarette stock that aims to achieve a \”sm
Have $138m to spare? Combine these 5 Marina Bay units to make a super penthouse, Money News,SINGAPORE – Five penthouses at the 99-year leasehold Marina Bay Residences have been put on the market collectively, with an indicative price of $138 million. When combined, they will create a super penthouse
If your HDB flat is MOP-ing this year, is it still a good time to upgrade?, Money News,When you purchase a HDB flat, you’re required to complete the Minimum Occupation Period (MOP) of 5 years before you’re allowed to sell your flat on the open market. If you’re a HDB dweller whose flat is up for MOP
5 failed property predictions that everyone thought would come true (thanks to Covid-19), Money News,As Covid-19 was the most major event in the country (and possibly the world at the time), it’s inevitable that many of the causes below are directly or indirectly linked to the pandemic. We’ve often
Cooling measures show minimal impact on resale flat prices in 2022 – what's going on?, Money News,The news of cooling measures in December 2021 came as a relief to many, but January’s numbers have thrown a wet towel over some homeowners’ hopes. Resale flat prices seem to be higher despite the c
3 easy analogies to understand the stock market, Money News,The word “analogy” is defined by the Cambridge Dictionary as a “comparison between things that have similar features, often used to help explain a principle or idea.” It is a useful way for us to understand a topic that’s complicated or new
August 2022 HDB BTO in-depth review: Choa Chu Kang, Money News,BTO season is upon us again, and in this August 2022 HDB BTO review, we’ll be covering the quiet town of Choa Chu Kang. A population of 169,000 residents call the sleepy, serene estate home. Located at the north-westernmost point of Sing
Best personal loans for foreigners in Singapore, Money News,What are your options as a foreigner living in Singapore if you need to apply for a personal loan? We break it down for you. Editor’s note: Personal loan and bank rates are subject to change. The information reflected here is accurate as of
Here's why you don't have to be afraid of changing jobs amidst a bad economy, Money News,When the economy is weak, it may be more difficult to secure a job when companies are cutting back on expenses but this doesn't mean that your job-hunt is doomed to fail. We share with you tips on
URA Master Plan for property buyers: How to read and understand it, Money News,The first thing savvy property buyers do when researching to buy a unit, house or project they’re interested in is to check the URA Master Plan. Created by the Urban Redevelopment Authority (URA), the Master Plan is the “
Bots vs bodies: Are Singaporeans ready to go fully digital for insurance?, Money News,Compared to banking, retail, and even F&B, the insurance industry has been rather slow to embrace digitisation. That said, Covid-19 was probably the kick in the butt insurers needed to get up to speed. These da
10 university degrees with the highest starting salary in Singapore (2024), Money News,A university degree in Singapore isn't cheap. For example, a bachelor's degree from the National University of Singapore (NUS) can cost you anywhere from S$8,250 a year to S$30,200 a year. Given the cost
REITs and the power of cheap equity, Money News,I've been studying real estate investment trusts (REITs) for some time. One thing that I noticed is that access to cheap equity is an often overlooked but powerful tool for REITs to grow. \”Cheap equity\” is a REIT's ability to raise money at a
Is the Singapore property market slowing down?, Money News,In a flash estimate done by the Urban Redevelopment Authority, prices of private residential properties have increased by 3.8 per cent in Q3 of 2022. This is in contrast to a 3.2 per cent increase in Q2 and a 0.7 per cent increase in Q1 2022
Oil prices just turned negative: What should investors do now?, Money News,The Covid-19 pandemic has led to unprecedented measures being imposed. With travel grounding to a near-halt, the demand for oil has also plummeted. The resultant glut in oil supplies has caused the oil price to crash to a 21-
What makes a leader: Celine Tan, Chief Operating Officer & Partner of The ATE Group, Money News,Celine has more than a decade of experience in branding, marketing, communications and retail, particularly in the F&B, luxury and fashion industries. The Ate Group – a notable brand strategy and comm
Loans, CPF and grants: 3 ways to help finance your very first home, Money News,Congratulations! If you are reading this, you are properly considering buying a home for yourself and your family. As a big ticket item with high long-term commitments, purchasing a house for the first time can be a huge
Holland V condominium price war (Hyll on Holland vs Leedon Green): Should you jump in? , Money News,The Singapore private property market is on an uptrend , to the point where even new cooling measures are being considered. Despite all that, even in this supposedly strong seller’s market, some new l
Is there a 'magic formula' to pick stocks?, Money News,The sceptic in you might decry that this sounds like an internet scam from one of them shady wealth coaching gurus . But the creator of this “formula”, Joel Greenblatt, really called this investing strategy a Magic Formula in his updat
What's a credit line and when is it a better option than credit cards, Money News,A credit line is a type of unsecured loan that you can draw on when the need arises, for up to four times your monthly income, or more if you make over $120,000 annually. Also known as a personal line of credit, y
Endowus review: Investing your cash, CPF and SRS money at low fees, Money News,With access to leading fund managers globally, Endowus allows the everyday investor to grow CPF, cash and SRS at a low cost. Here’s what Endowus has to offer amidst the competitive investment landscape. What is Endowus? E
UOB KrisFlyer credit card review 2022: Is this the best miles card in Singapore?, Money News,It’s been a while since I got excited over a new air miles card – not since the BOC Elite Miles Card since 2019 – and even longer since I felt any positive emotion towards UOB. But now that our favourite loc
7 commonly missed factors by homebuyers that could be a real pain in the future, Money News,I know of a friend who bought a condo a few years back. On paper, it matched all his criteria – the overall location, layout, facilities, and size was great. However, there was a small detail that he did not
Singapore stocks that may face a liquidity crunch, Money News,By now, you might have heard that Singapore Airlines Ltd (SGX: C6L) is being saved by Temasek who promised to inject capital into the debt-ridden company. But our flag carrier is not the only company that may need saving. Many local busin
Best personal loans in Singapore with the lowest interest rates (2021), Money News,CIMB, OCBC and HSBC offer the lowest interest personal loans in Singapore. Find out more about these loans which you can find on SingSaver. Whether it’s due to an emergency or simple cash flow management, most of us w
From a HDB undersupply to interest rates hikes, here's why the new cooling measures were necessary, Money News,There’s been much talk and chatter around the new cooling measures. Understandably so, as housing is always such a touchy topic for many people. So far there have been lots of contribu
Buy-now, pay-later plans: Are they really worth it?, Money News,In Singapore, over 1.1 million people have used a Buy-Now, Pay-Later (BNPL) solution when buying something online or in stores. These plans allow you to purchase things immediately and pay off the bill in smaller, monthly instalments. W
MAS proposes measures on crypto trading, stablecoin, Money News,SINGAPORE – To put a check on cryptocurrency speculation by retail investors, the Republic’s regulator is proposing a list of rules that will not only make it harder for users to start digital asset trading but also ensure industry play
Crypto platform Zipmex files for bankruptcy protection in Singapore, Money News,Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. Singapore-based Zipmex resumed with
Nestle pledges $1b to coffee sustainability plan, Money News,LONDON – Nestle will spend more than one billion Swiss francs (S$1.5 billion) by 2030 on efforts to source coffee sustainably, the food company said on Tuesday (Oct 4), more than double its previous pledge. The move provides more evidence
Buying insurance through digibank apps: Are they as good as your traditional insurance plans?, Money News,Insurance plans are traditionally bought online or via the assistance of a financial consultant. However, digibanks are making it easier than ever to get yourself insured. Insurance products on
Why expatriates should get international health insurance in Singapore, Money News,Living abroad may not be easy but it doesn’t have to be. In a bid to help you feel more at home, we have analysed the most important aspect for you: your safety as well as your family’s. From why you should get intern
Musk told banks he will develop new ways to monetise tweets, sources say, Money News,Elon Musk told banks that agreed to help fund his $44 billion (S$61 billion) acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and w
4 points to consider when choosing a digital wealth platform, Money News,The Singapore digital wealth ecosystem (commonly known as the robo-advisory space) has seen reasonable growth since its debut in 2016. Today, there are many players in the market. To name a few, there are newer financial servic
Buying properties in trust: What does it mean for property owners with children in light of the cooling measures?, Money News,Some people purchase properties to live in, while others buy them as investment pieces. For the latter, they usually have to contend with taxes and duties such as Additional
6 slow-selling new condo launches that became profitable later, Money News,A common marketing tactic in real estate is to slap \”selling fast\” on new launch websites. We tend to assume that what starts well will also end well — so any property that's selling out quickly must, by conventional thi
Tampines BTO analysis: Which unit should I choose for Tampines GreenCrest, Tampines GreenGlade and Tampines GreenOpal, Money News,Three Tampines BTOs were launched during the August 2020 sales exercise. They were Tampines GreenCrest, Tampines GreenGlade and Tampines GreenOpal. We take a look at thes
Chuan Park going for en bloc sale for $938 million, Money News,Chuan Park condo has been put up for sale through public tender by ERA Realty Network for an indicative price of $938 million. This comes after Flynn Park was sold en bloc in September for $371 million, making it the largest en bloc sale
Koufu's latest acquisition promises to bring in the dough, Money News,Koufu Group Ltd (SGX: VL6) is an established operator and manager of food courts and coffee shops in Singapore. The company also has a presence in both Malaysia and Macau. The group has two key business segments – outlet and
5 ways to optimise your CPF literacy (and learn to grow your money), Money News,Feel like you’ll have sufficient funds in your bank account when you retire? Probably not, if the Endowus Singapore Retirement Report 2021 is anything to go by. The survey not only found that 39 per cent of respondents a
New launch condo vs resale condo: 5 factors to consider when choosing between the 2, Money News,Buying a condo that you can call your own is an aspiration that many Singaporeans have. It is the 'defining' moment in your life that many have been waiting for to upgrade from your existing HDB
$1.2 million for a freehold landed property? Here are the cheapest freehold landed estates in Singapore, Money News,Landed properties show the biggest divergence, when it comes to freehold versus leasehold. Indeed, some buyers will tell you a 99-year lease defeats the entire purpose of buying a land
Alibaba looks to expand Lazada to Europe: Sources, Money News,SINGAPORE/SHANGHAI – Alibaba Group plans to expand its South-east Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities
Freehold coffee shop at Jalan Besar up for sale, with guide price of $28 million, Money News,A two-storey freehold coffee shop unit at Hoa Nam Building has been put up for sale via an Expression of Interest (EOI) exercise. The guide price of the property is $28 million. Its total strata floor area i
Why it's so difficult to tell when the stock market will peak, Money News,Here's a common misconception I've noticed that investors have about the stock market: They think that it's easy to figure out when stocks will hit a peak. Unfortunately, that's not an easy task at all
DBS Live Fresh Card review 2021: Not just another pretty card, Money News,Singapore's go-to bank DBS must really want to change up their mundane, workaday image – just look at the snazzy DBS Live Fresh Card. The cashback credit card got a huge makeover, thanks to sneaker artist Mr SBTG two year
Coin deposit machines in Singapore and 3 ways to avoid coin deposit fees, Money News,Hate dealing with coins and have been leaving them in a pile or fishbowl? You might be surprised that those mouldy, forsaken coins can add up to a lot of money. But first, you have to figure out how to deposit coins
I'm 45 and making $10,000 a month. Should I sell my condo to buy a HDB, or get a new launch instead? , Money News,Dear Ryan, I’ve been reading your articles and find them very informative. I would like to seek your advice on what I can do with regard to my property. I am 45 years old and single
What are the best ways to reduce mental healthcare costs?, Money News,About 1 in 7 Singapore residents has experienced a mental health condition in their lifetime – and this statistic is expected to rise, given the multiple challenges the still-ravaging coronavirus has brought about. Despite the pre
Uber turns cash flow positive for the first time, shares surge, Money News,Uber Technologies Inc reported positive quarterly cash flow for the first time ever on Tuesday (Aug 2) and forecast third-quarter operating profit above estimates, as more people rely on its services for transport and orderin
Bank of China savings account interest rate review: Inconvenient but rewarding, Money News,When you think of putting your life savings in a bank, chances are DBS Multiplier, OCBC 360, or UOB One savings accounts would come to mind first. You're familiar with the banks, probably already have an
3 dividend-paying stocks that are perfect for your retirement portfolio, Money News,When we think of retirement, most of us will picture an idyllic existence where we can engage in activities we enjoy without having to worry about money. Having the freedom to choose what you want to do when you reti
What's an insurance policy loan, and when should you cash in on it?, Money News,Policy loans can provide cash in a pinch, but can impact your insurance portfolio. Here’s what you need to know before applying for one. When a sudden need for cash arises, most of us know to turn to banks for a per
Non-mature estates vs mature estates: The truth and why it matters, Money News,Despite how Singaporeans like to refer to HDB flat locations as “mature” or “non-mature” like they’re some kind of cheese, HDB’s own classification of non-mature estates and mature estates is surprisingly unclear. In fact
Japan finance minister declines to say whether government intervened to prop up yen, Money News,TOKYO – Japanese currency authorities declined on Monday (Oct 24) to confirm whether the government had intervened in the currency market on Friday, signalling their determination to engage in a war of ne
Timeless Warren Buffett insights, Money News,I recently read the book Tap Dancing to Work. Compiled by Carol Loomis, Tap Dancing to Work is a collection of articles published on Fortune magazine between 1966 and 2012 that are on Warren Buffett or authored by himself. Even though some of these articl
Far East Hospitality Trust share price at $0.54: Is this a buy?, Money News,Far East Hospitality Trust ‘s share price (technically known as unit price for REITs and trusts) has plunged around 31 per cent, to $0.54 on June 16, 2020. Market sentiment surrounding Far East Hospitality Trust has certainl
A beginner's step-by-step guide: How to buy a HDB resale flat without an agent and save on fees, Money News,Sometime last year, my family and I moved house from an HDB resale flat in the Northeast to an HDB flat that was more central. Just as we were about to engage a property agent for our HDB
A review of 4 undervalued real estate investment trusts, Money News,With the recovery in stock market since the March sell down, we have seen a slew of Real Estate Investment Trust (“REITs”) that manage to stage a strong recovery in its share price. This has resulted in some of the REITs being overv
Singapore core inflation eases for first time in 8 months, Money News,SINGAPORE – Singapore's key consumer price gauge rose 5.1per cent in October, slightly less than forecast and marking the first easing in eight months, official data showed on Wednesday (Nov 23), due to smaller rises in price
Maybank Family & Friends Card review: Can it help you get the most out of your daily spending?, Money News,The Maybank Family & Friends Card has held its position as one of the best cards in the cash back category since 2019. If you're looking for a credit card to get the most out of your d
Selling your home during Hungry Ghost Festival: Is it any less profitable?, Money News,You may have heard of the excuse used by agents to account for a slow-moving month in August: \”Oh yes, it was the Hungry Ghost Festival, that's why\” For those who are unaware, the \”Ghost Festival\” (\”GF\”) fall
Olive Road GCB sold at record $50.2m to grandson of tycoon Wee Thiam Siew, Money News,The grandson of property tycoon and hotelier Wee Thiam Siew has bought a GCB at Olive Road for $50.2 million earlier in April. This transaction broke the record for the Olive Road GCB area previously set by the $36
Hedge fund Three Arrows being probed by US regulators: Bloomberg, Money News,Crypto hedge fund Three Arrows Capital (3AC), which filed for bankruptcy in July, is being probed by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on whether it misled inve
Tencent aims to become biggest shareholder of video streaming rival iQiyi, sources say, Money News,Tencent Holdings aims to become the biggest shareholder in video streaming rival iQiyi, said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-h
China ups economic stimulus in face of epidemic, Money News,We're barely into the new year and markets are bombarded with challenges we didn't even think we could imagine, from the possibility of another world war to an epidemic. But as we've consistently seen in the past years, marke
5 flat types that might be the next million-dollar HDB flat, Money News,There are more than a million HDB flats in Singapore. Among these, more than 500 have been able to command a whopping price of at least $1 million since 2012. Most recently, a 5-room HDB flat was sold for a record public housing
Property tax for HDB flats to increase, payment due in Jan, Money News,SINGAPORE – Most owners of Housing Board flats can expect to pay more in property taxes next year, as the Inland Revenue Authority of Singapore (Iras) will be revising the annual value (AV) of HDB flats in line with increase in m
DBS profit soars 32% to a quarterly record on rising interest rates, Money News,DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record high and gave a bullish outlook on Thursday (Nov 3) as higher interest rates boosted net interest margins at Southeast Asia's la
I was retrenched at 26 years old and I have no savings, Money News,I am a 26-year-old female and was retrenched in November 2020. It was an immediate termination. I was then an office manager/executive assistant earning $3,800 a month. You think retrenchment only happens to people in their mid-40s a
This is one industry that's thriving even during the pandemic, Money News,The Covid-19 pandemic reared its ugly head in the beginning of 2020. The year is almost coming to an end, yet the virus is still running rampant. There is also the constant threat of a new wave in Singapore. In some count
Shoebox versus resale flat: Which is a better first home? , Money News,So you’re a “sandwiched Singaporean”, and earn enough to buy a small private home or a resale flat; but not a BTO. It’s a common conundrum for those who earn just above the income ceiling for new flats. Before you take the plunge
Can you buy a commercial property before you complete your HDB MOP? Apparently yes, Money News,Most of us know that when we buy a BTO or HDB resale flat, we are required to stay a minimum of five years as part of the Minimum Occupation Period (MOP), before we can invest in a second residential prope
Cryptoverse: Bitcoin wants to break its bond with stocks, Money News,After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to br
7 areas with waterfront HDB flats for affordable scenic views, Money News,Thanks to the stunning surge in Covid case numbers, it’s been a little trickier arranging property viewings as people are understandably wary about letting strangers in at the moment. (I’m not dying to mingle myself, at this p
More property unicorns: 6 duplex condo units with lift access to both floors, Money News,In today’s endemic world, it seems that one of the key trends to emerge in Singapore is the desperate desire for more living space, something I myself am suffering from. Many of our most popular articles last ye
4 REITs that are primed to grow, Money News,The turbulence experienced in the stock market this year has led many investors to wonder if it still makes sense to invest in the stock market. After all, volatility has remained elevated and pessimism continues to reign as Covid-19 remains untamed. Yet,
Electronic sector stocks: Can they give you the growth you seek?, Money News,Electronics has seen a surge in demand with the advent of artificial intelligence, “smart” homes and the connectivity associated with the “Internet of Things”. This trend has provided a fillip to the industry and resulted i
Myra condo review: Freehold in a convenient location, Money News,Stacked rating: 69 per cent Unit Efficiency 3.5/5 Unit Size 3/5 Quality of Fittings 3.5/5 Design 3.5/5 Variety of Facilities 2.5/5 Quality of Facilities 3.5/5 Surrounding Amenities 4.5/5 Developer 3/5 Transport Links 4.5/5 Driving Acce
6 unconventional jobs in Singapore that pay surprisingly well (2021), Money News,The occasional lack of excitement in your nine-to-five work life may get you thinking: What if I switched my life around, and did something off the beaten track instead. Realistically, you’ll never do that, because ‘fun
Thomson View and Ampas Apartment: A tale of 2 en bloc attempts, Money News,Over the past week, two en bloc-related news surfaced: Thomson View, which is up for collective sale at a reserve price of $950m (its third fifth attempt? We lost count…) and Ampas Apartment, where a cancelled en bloc sale re
Chuan Park condo finally sold after 4 attempts at $890m, 5.11% lower than reserve price, Money News,After four attempts at a collective sale, Chuan Park condo has finally closed a deal via private treaty. The condo's previous collective sale, which launched this year on March 14 and closed on A
Singtel to offload US digital marketing unit for $331 million, Money News,Singapore Telecommunications said on Tuesday (July 26) it would sell its loss-making digital marketing arm Amobee to London-listed Tremor International for $239 million in a bid to sharpen its focus on core businesses. Singtel
Why we ditched that $1.6 million condo for a resale HDB flat instead, Money News,It’s nearly a cliche by now that every Singaporean’s dream is to buy a condo. Whether it is in the hopes of making money or to chill by the swimming pool on weekends, there’s no denying that the pull is strong. But is a
5 handy ways to use your property for retirement planning, Money News,It’s quite common to hear that “property is a good retirement asset”. But in practice, not every homeowner is clear on the role of their property in their retirement portfolio; many don’t have considerations beyond selling and dow
Cost comparison: Massage chairs vs massage services, Money News,If you enjoy the therapeutic benefits of massages, and find yourself seeking out a session every now and then, you may be wondering which is more cost-effective – dropping by your favourite massage place every once a while, or just taki
5 types of people who should get an endowment plan, Money News,Are you part of the endowment target audience? Find out if you are in need of an endowment plan and how they could help you achieve your financial goal. Endowment plans — like a lot of investment products out there — appeal to certain ty
Malaysia's Sunway to sell stake in healthcare unit to GIC: Sources, Money News,KUALA LUMPUR – Malaysian conglomerate Sunway Bhd has agreed to sell around a 15 per cent stake in its healthcare unit to Singapore sovereign wealth fund GIC for 700 million (S$226 million)- 800 million ringgit, two s
Cost of living in Singapore (2020): Is your salary really enough?, Money News,Singapore is always appearing at the top of those cost-of-living surveys. But how expensive is it really to live here? If you're a young working adult or potential expat thinking of accepting that job offer in Singapo
A simple framework for picking low-risk stocks, Money News,Risk management is an essential component of investing. We can try to reduce the risk of permanent loss by investing in low-risk stocks. Risk management is essential when building a stock portfolio. But it is impossible to remove risk comple
Neighbourhood estate guide: Why Tanjong Pagar will be even more desirable in the future, Money News,For a small country as we are, there are over 31 electoral divisions. Among these divisions, some are old districts with long history whereas some are newer towns built on modern town planning designs
Guide to SME grants and Covid-19 measures to support businesses in Singapore, Money News,As we adopt a phased re-opening approach, businesses are going to need all the help they can get. Here are all the Covid-19 measures and Small and Medium Enterprise (SME) grants available for businesses. Covid-1
Singtel flags $296m exposure in Australia tax case defeat, Money News,SINGAPORE – Singapore Telecommunications Ltd has estimated it faces A$304 million (S$296 million) in tax exposure, interest and penalties, after an Australian court dismissed its appeal against an assessment by the country's
The stock market correction is here: Time to hunt for bargains?, Money News,So, the Dow Jones Industrial Average has fallen 10 per cent over the past four days. As of Friday's close, the DJIA is down 14 per cent from its peak. The S&P 500, an index with 500 companies, is down almost 13 per
How to make money in any market, Money News,So there I was, standing at the bottom of a broken escalator on Scotts Road. If you know the Orchard area, you will probably know the one that I am referring to. That particular set of moving-steps seems to break down quite regularly, for some inexplicable
Do you have these 2 financial parachutes ready before you invest?, Money News,Have you ever skydived before? From what I hear from friends who've done it, skydiving is an exhilarating, once-in-a-lifetime experience. They talk about the excitement and anticipation you feel when you first board t
Car insurance in Singapore: All you need to know to get the cheapest rate (2022), Money News,\”Woo hoo! It's time to renew my car insurance, I'm so excited,\” said no one ever. Yes, we may love our cars – but the main reason we buy car insurance is that it's compulsory in Singapore. Unl
Here's how much CPF members have in their accounts: Where do you stand?, Money News,Perhaps it’s in our Asian blood, but there’s one thing that Singaporeans love: Competition. The desire to be number one in everything has led to a classic trait found in most of us. Being kiasu (fear of losing o
4 possible locations of future prime BTO flats under the Prime Location Public Housing model, Money News,With the evolving Prime Location Public Housing (PLH) model housing, we’ve cleared one barrier to having more central/prime area flats. One thing is quite clear: prime doesn’t just mean expensive
How much does it cost to rent a room or home in 2022?, Money News,With the wait for a BTO flat on an ever-increasing time, many newlyweds or couples might look towards renting in the meantime. Sure, renting might be an expensive sinkhole where your money goes towards someone else’s equity, but for s
Former NMP Calvin Cheng and NUS associate professor Ben Leong weigh in on housing policies and prices, Money News,Over the past week, in light of new record million-dollar HDB resale flats being sold and the Sept 30 cooling measures, many have given their assessment of runaway HDB housing prices and
IPO report card: How SGX IPOs in 2019 have fared, Money News,In 2019, there were 11 Initial Public Offerings (IPOs) listed on the Singapore Exchange (SGX). This is seven fewer than the 18 IPOs that listed in 2018, less than half the 24 IPOs in 2017. Based on the two IPOs that have listed in the firs
Which blue-chip is a better buy: CapitaLand or CDL?, Money News,Property developers are generally thought to be resilient as they own large amounts of physical assets. This portfolio of physical real estate is expected to hold their value through good times and bad. However, not all aspects of the b
How to become debt-free in 2021, Money News,Getting out of debt is tricky under normal circumstances, but even more so as 2020 exacerbated problems like unemployment, delayed payments, and other barriers to earning and saving money. However, 2021 will hopefully offer a fresh start to save and earn m
Best annuity plans for your retirement in Singapore, Money News,Let’s face it, securing a steady retirement income hinges on the decisions we make today. Here, we’ve gathered the best annuity plans in the market for your dream retirement. No one wants to be left stranded in their retirement years. H
7 smart ways to find condos with lower maintenance fees, Money News,Living in a condo is an aspiration for many people in Singapore. But sometimes, you can be too caught up with the actual price of it – and forget about the costs that you'll have to pay each month as well. One of which is the m
Gold hits another record high as Covid-19 fears, weaker US dollar boost demand, Money News,BENGALURU (REUTERS) – Gold rose to an all-time high on Monday (Aug 3) as a softer US dollar and fears over the global economic fallout from surging coronavirus cases lifted demand for the safe-haven metal. Spo
7 tallest HDB developments for those after stunning views, Money News,When it comes to HDB flats, buyers have several different criteria that matter to them. Most of the time, it’s about MRT stations, malls, or distance to schools. However, a much-overlooked factor is height. One of the best ways to
How Broadcom CEO Hock Tan shaped a tech giant through acquisitions, Money News,Once a poor \”skinny kid\” from Malaysia, Hock Tan was going head-to-head with a legendary US technology mogul for a transformative acquisition. Tan placed a call earlier this month to VMware Inc Chairman Michael Dell, also
I bought a $3m leasehold cluster housing home and I have no regrets, Money News,Cluster housing is a bit of an unusual property choice that most wouldn’t think about immediately. A lot of Singaporeans are inclined to ask “Why not just a fully landed home?” After all, cluster homes aren’t exactly che
HDB BTO launch in February: Bidadari, Bartley, Boon Keng, Bukit Batok, where should you apply?, Money News,You know you’re officially #adulting when you start thinking of retirement. Or getting a place of your own. While all of us wouldn’t mind living in a glorious mansion. Most of us are probably l
4 stocks with excellent growth prospects, Money News,It’s not easy to find companies that display long-term growth potential. Even more so when a pandemic threatens to permanently disrupt our way of life. Although it’s hard to tell how life will be like post-pandemic, the last nine months have given
Why OCR condos might dominate rental markets in 2021, Money News,A short while ago we pondered whether the Singapore rental market could stay its course . Given the impact of Covid-19, our rental market has held up remarkably well; at this point simply maintaining rental income / yields can be consi
Baffled investors fear nothing's off limits in China regulatory crackdown, Money News,SHANGHAI/SINGAPORE, Aug 3 – Bewildered investors in China's tech sector scrambled once again from regulators on Tuesday (Aug 3), fearing that a state media story that likened internet gaming to opium sign
Crazy rich Asian: Chinese national rents Good Class Bungalow at Queen Astrid Park for $200k a month, Money News,Ka-ching! Hear that cash register ring 'cause this deal is a pricey one. A Good Class Bungalow (GCB) at Queen Astrid Park, located in the affluent Holland Village area of Singapore, h
4 companies that pay quarterly dividends, Money News,One of the key reasons why people invest is to receive a regular stream of passive income. Dividends represent a company's distribution of its profits back to shareholders. While the Covid-19 pandemic has adversely impacted many companies
Is an executive condo still worth it: An analysis of 53 ECs, Money News,Just 2 years ago in 2018, a record was broken in the realm of executive condos in Singapore. [embed]https://www.facebook.com/ChannelNewsAsia/posts/10155396994782934[/embed] There was a big commotion about this Sumang Walk purcha
The best companies to work for in Singapore, Money News,Who are the biggest and best companies to work for in Singapore? How does one go about choosing where to work? Well, one way is by research and thankfully there is something called the Ranstad Employer Brand Research which is a global independe
Saving up for retirement: How much time do I have to save up?, Money News,Put aside all the “propaganda” you see online today on investing, trading and fanciful financial products. The first step towards financial freedom should always start with savings. If you are someone with a great level discip
Heng Swee Keat warns retail investors to steer clear of crypto, Money News,SINGAPORE – Crypto-assets like cryptocurrencies and non-fungible tokens (NFTs) are constantly evolving and highly risky but have the potential to transform the future of finance, Deputy Prime Minister Heng Swee Keat said on T
DeFi is on the rise: Here's what you need to know about decentralised finance, Money News,In 2020, the total value locked (TVL) of decentralised finance increased by 2,000 per cent. In 2021, decentralised finance is still on the rise. Before investing in this financial ecosystem, read ahead to
FTX debacle sparks investor rethink of battered crypto market, Money News,NEW YORK/LONDON – With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a sector already bruised by the bitcoin bubble bursting and closures of key market pl
Guide to subsidised healthcare for senior citizens in Singapore, Money News,Key highlights With the introduction of the Pioneer Generation Package (PGP) and Merdeka Generation Package (MGP), the elderly are now eligible for all enhanced CHAS benefits – regardless of their household income. CareShiel
Freehold residential tower High Point up for public tender, Money News,Located at 30 Mount Elizabeth next to Orchard Road (District 9), High Point condominium – a 22-storey tower with 57 apartments and two penthouses – is up for public tender. Completed in 1973 by developer Mount Elizabeth Pte. Ltd.
Box office rebounding as Cathay Cineplexes says future far from gloomy, Money News,Cathay Cineplexes said its future is far from gloomy while a proposed deal with Kingsmead Properties was put on hold. Speaking to AsiaOne, a spokesperson said Cathay is optimistic that the cinema business is picking u
What's the appeal of 99-year leasehold landed properties?, Money News,When people talk about landed properties in Singapore, whether it’s semi-detached houses or Good Class Bungalows (GCB), they often refer to the freehold ones. Less discussed is the leasehold landed property. Most of the time
7 best personal accident insurance plans under $150 in Singapore (2022), Money News,Everyone experiences bad luck now and then. Like when you don’t strike Toto, the MRT breaks down, or your HDB block didn’t get selected for en bloc. But what about if you get hit by some chao ah beng on an e-scooter,
4 in 10 Singapore businesses failed to use the pandemic to digitally transform themselves, Money News,A Workday study of nine APAC markets found that four in 10 Singapore businesses failed to take advantage offered by the pandemic and are finding themselves lagging in digital agility. According to t
WeChat Pay & AliPay: Workarounds for Singaporeans to set up China payment apps, Money News,We're all familiar with using contactless payment gateways to pay for goods and services in Singapore, anything from PayWave to GrabPay. However, you might have noticed a growing presence of WeChat Pay an
What to do with your KrisFlyer miles during Covid-19?, Money News,Take a drive down the PIE now, and close to the airport, you’ll see a rather sad sight — row after row of parked jets, waiting for the worst of the Covid-19 outbreak to pass. But you know what else is sitting idly? Your miles balance.
Understanding home bias amongst Singaporean investors, Money News,What is home bias? Home bias is the inclination for investors to invest the majority of their savings into local equities and bonds. The phenomenon was first highlighted by a research paper made by Kenneth French and James Porterba in
Buying property in Yishun? Here's what you need to know about this northern neighbourhood, Money News,Yishun is one of the most meme-worthy neighbourhoods in Singapore. It’s nicknames include “The Devil’s Ring” and to date, it’s the only neighbourhood to have inspired a website entirely about i
Could prime CCR condos start surging in demand after Q3 2021?, Money News,Overall home prices continued their steady upward pace in 2021; but property analysts have tipped private property prices to continue their rise as 2021 comes to a close. Prime region properties, which were lagging far behind
What happens if you find a winning TOTO ticket?, Money News,With the upcoming annual Hong Bao Draw taking place on 7 Feb 2020, there will inevitably be a buzz of excitement from Singaporeans looking to become overnight millionaire, and perhaps even some entertaining the (false) hope that they can th
StanChart moves to permanent flexible working, Money News,LONDON – Standard Chartered will make permanent the flexible working arrangements for most employees that were put in place during the coronavirus pandemic, it said on Thursday. The Asia, Africa and Middle East-focused bank said it aims for a
Birth control in Singapore – cost guide to contraception options, Money News,If you’re in a committed relationship and don’t want kids, or if you simply want to keep your family size modest, you might want to know — what are the birth control options in Singapore? How readily available are these con
HDB Sale of Balance Flats: Guide to SBF & open booking (Dec 2021), Money News,Although the SOP for buying an HDB BTO flat has been well-documented, buying a flat via HDB’s Sale of Balance Flats (HDB SBF) or the new open booking system is a little less talked-about. HDB SBF launches happen twice a ye
5 ways to cut costs during Chinese New Year, Money News,If you're one of those people who actually like Chinese New Year, good for you. But for many others in Singapore, CNY is a tiresome occasion where you are forced to answer nosy aunties' probing questions into your love life, or a publ
Are gambling and investing similar?, Money News,The Singapore Pools finally reopened its doors on the June 15, 2020, with 4D bets restarted on the June 24, 2020. This means that we have finally returned to the days where many Singaporeans like my Uncle John (name changed for privacy reasons) can rel
The Peak at Toa Payoh review: Convenient central living but pricey, Money News,The Peak @ Toa Payoh is probably one of the most well-known DBSS out there (apart from Natura Loft). This time – for a good reason. Being a mature estate with high plot ratios all around, The Peak @ Toa Payoh (true to its
How much dividends will you receive as a SIA shareholder after a 3-year hiatus?, Money News,The SIA group has declared it will pay its first round of dividends after three years. The group has previously suspended their dividend payout during the Covid-19 pandemic after the aviation industry was gra
Votorantim and Temasek launch $965m fund to invest in Brazil, Money News,SAO PAULO – Brazil's Votorantim group and Singapore's Temasek Holdings teamed up to launch a $700 million (S$965 million) fund to invest in Brazilian companies, they said in a joint statement on Tuesday (Aug 9). The i
A stronger Singapore dollar: What does this mean for Singaporeans?, Money News,Amid rising inflation that is expected to reach all time highs, the Monetary Authority of Singapore (MAS) recently announced its policy decision to boost the Singapore dollar. The MAS mentioned that it will recentre the m
I’m a freelancer and I save $800 a month, Money News,Retrenchment crushed me. But it also made me rethink my finances and career as a freelancer. I knew I had to get back up and fight the sudden hiccup to turn into a win. When Covid-19 reared its deadly head at the start of the year, like many fello
New EC, MOP EC, privatised EC – which is right for you? , Money News,Through our different social media channels, we are able to see on the ground what is the sentiment when it comes to Executive Condominiums (ECs). Some people will insist that only resale ECs are worth buying. Others will only want
Is HDB's Silver Housing Bonus scheme worth considering?, Money News,As our population ages, more and more Singaporeans are approaching their golden years. By helping them leverage the value of their existing property through schemes like Silver Housing Bonus (SHB) and Lease Buyback Scheme (LBS)
Collapsed FTX owes nearly $4.3 billion to top 50 creditors, Money News,Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors nearly US$3.1 billion (S$4.3 billion). The exchange owes about US$1.45 billion to its top ten creditors, it sa
Lease Buyback Scheme: A step-by-step guide to cashing out on your HDB flat, Money News,Unlocking your home’s value can be a powerful way to get your retirement income on track. Selling a portion of your lease back to HDB could do just that. In Singapore, there are a myriad of options to boost your r
StarHub takes majority stake in MyRepublic's broadband business, Money News,StarHub has just announced that it will be acquiring a majority share in a newly formed entity called MyRepublic Broadband, which will hold MyRepublic’s Singapore broadband business. The move is expected to see StarHub’
Condo, terrace house or HDB? Housing considerations for foreigners when moving to Singapore, Money News,According to Mercer’s 2019 Quality of Living City ranking, Singapore is ranked highest for quality of living in Asia-Pacific (25th worldwide). As one of the safest and cleanest countries in Asia,
5 ways to protect your crypto wallet from hackers, Money News,You’ve seen the news. Between 2018 and 2020, Singaporeans lost around $29 million to crypto hacks. Gasp! The crypto market is the Geylang of investments. It’s eccentric, highly risky and the kicker, it’s also an unregulated marketplace. W
We make $300k per annum – should we pay ABSD for a second property for investment when we own a 5-room HDB?, Money News,Hi StackedHomes, Foremost, thank you for your insightful articles and unbiased views on residential matters provided to the community and I believe many had benefited from it. Owni
November 2022 HDB BTO review: Bukit Batok, Money News,Those looking for larger flats within walking distance of an MRT, keep your eyes peeled for the Bukit Batok BTO project in this November 2022 HDB BTO launch. Situated in the West Region of Singapore and originally dominated by pineapple and rubbe
17 US companies most at risk from escalating US-China tensions, Money News,The war of words between the US and China is heating up. Shortly after signing executive orders to ban TikTok and WeChat which could take effect in September 2020, Trump says that he is now considering a ban on other Chinese-
4 REITs that can ride on China's Covid-19 recovery, Money News,As the fight against the Covid-19 virus rages on, China has emerged as a surprising winner. The coronavirus first made its appearance in the city of Wuhan back in January. Since then, China has moved swiftly to contain the pandemic
Is Haidilao a good stock to own? , Money News,Haidilao has been one of the top-performing stocks in Hong Kong this year. The premium hot pot restaurant brand's share price has climbed 79.4 per cent this year, compared to a 10.8 per cent gain for the Hang Seng Index. But historical share price p
10 surprising figures from CPF Board's 2020 Annual Report to know about now, Money News,Our interest piques whenever CPF news and and all things related to CPF are announced. The CPF Board’s 2020 Annual Report has just been published on their website, and we’ve combed through the data to pick o
How much is enough for retirement? , Money News,The financial world is on \”FIRE\”, with the word \”retirement\” rapidly becoming the buzzword of our generation. Over the last few years, the \”FIRE\” (Financial Independence, Retire Early) movement has been gaining momentum all around the world, with more
You may be the biggest cybersecurity threat to your company, Money News,If 2019 is any indication, it is clear cyberattacks pose a real danger to businesses – regardless of size or industry. According to a QuickView report, data breaches ran at a record pace in 2019, with almost 4,000 publicly discl
Are personal loans the answer to your money problems?, Money News,Money problems are no fun; they are stressful to deal with, difficult to talk about and could even strain relationships that matter. Should you consider utilising a personal loan to tide things over? Learn more about personal loans an
Adidas plans to sell struggling Reebok brand, Money News,BERLIN – German sportswear maker Adidas AG plans to sell or spin-off its underperforming Reebok brand, 15 years after it bought the US fitness label to help compete with arch-rival Nike Inc. Adidas said on Tuesday (Feb 16) it had decided to be
Singaporean payments firm Nium raises over $272 million to become 'unicorn', Money News,Singapore-based business payments firm Nium raised more than US$200 million (S$272 million) in fresh funds in a round led by tech investor Riverwood Capital, it said on Monday (July 26), as it joined th
26-year-old woman wins $108k at PropNex Monopoly Championship, Money News,Before joining the PropNex Monopoly Championship, 26-year-old Ng Lan Ying didn’t have much experience playing the board game. “Watching my fiance’s side of the family play got me very excited and interested, and that was why I
2 HDB loft units in Sin Ming, Punggol sold for around $1 million this month, Money News,With high ceilings and living quarters spread over two-storeys, loft-styled HDB flats resemble condominiums more than subsidised government housing. So it's no wonder they are popular and \”typically get snap
How older Singaporeans can continue using CPF to enjoy higher risk-free returns after age 55, Money News,For many Singaporeans and PRs, our 55th birthday marks the age we can finally withdraw some of our hard-earned savings from our CPF accounts. We can withdraw at least $5,000 from our CPF Ordinary
Quick takes from property analysts: How will the new cooling measures affect Singapore's property market?, Money News,Late Wednesday (Dec 15) night, the Singapore government announced a package of measures to cool the property market, with the changes taking effect from Thursday (Dec 16). The a
UOB Lady's Savings Account: Free medical coverage for all women, Money News,With the aim of helping women protect not just their wealth but also their health, UOB has partnered with Prudential Singapore to offer women a savings account that has their well-being at heart. In March 2020, UOB laun
5 city fringe (RCR) condos for under $1.2m near an MRT, Money News,Singapore may be decentralising, but your office is in the CBD or in town right now. And after years of getting up at 6am just to make it to morning meetings, you’re probably hoping your first condo can bring you a little more sleep,
For one Japanese salaryman, nearly a decade of $5.45 annual pay rises, Money News,TOKYO – Japanese accountant Masamitsu has not travelled or gone to the cinema in years and rarely eats out. Instead, his annual salary of about $34,000 goes to support his family and has risen by just US$4 (S$5.45) a y
No more early MOP for Sers replacement flat owners, starting with AMK site, Money News,99.co has recently found out from the HDB website that it has changed its Minimum Occupation Period (MOP) criteria for those who have bought a replacement unit through the Selective En Bloc Redevelopment Scheme (S
The Reef at King's Dock review: Singapore's first condo with a floating deck, Money News,83 per cent Unit Efficiency 3.5/5 Unit Size 3.5/5 Quality of Fittings 4.5/5 Design 4.5/5 Variety of Facilities 3.5/5 Quality of Facilities 4.5/5 Surrounding Amenities 4.5/5 Developer 4.5/5 Transport Li
10 companies that beat the Straits Times Index in the first half of 2020, Money News,The first half of 2020 has seen heightened volatility in stock markets across the globe, mainly due to Covid-19 fears and its subsequent impact on businesses. Nevertheless, many uncertainties including the ongoing U
November 2022 HDB BTO overview: Bukit Batok, Kallang/Whampoa, Queenstown, Tengah, Yishun, Money News,With the launch of the August 2022 BTO exercise, HDB has also unveiled the exact locations of the upcoming HDB BTO exercise in November 2022. Come November, we’ll have around 9,540 units up for ballo
A record of 45 million-dollar flats sold in September 2022, but all eyes on 4-room and smaller flats now, Money News,The cooling measures on 30th September seem timely, after the latest results. September 2022 has seen a record number of million-dollar flats sold in a single month, and rising prices
Amazon to lay off thousands of employees , Money News,Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday (Nov 14), in what would amount to its biggest such reduction to date. The cuts,
Why it's so hard to be a contrarian investor, Money News,Being greedy when others are fearful is easier said than done. Most investors may say they would do it but few actually practice it. In the last downturn, how many of us actually had the courage to buy stocks when everyone else was sellin
Bitcoin miners sell their holdings amid crypto winter's chill, Money News,Bitcoin miners have been forced to tap into their cryptocurrency stashes as a plunge in prices, rising energy costs and increased competition bite into profitability. The number of coins miners are sending to crypto excha
3 ways startups in Singapore should assess different financing options like SME loans, Money News,Life of an entrepreneur is a constant struggle between bliss and misery. Sometimes, startup founders are exuberant about the latest milestones they achieved; in other times, they find themselves in a co
Former actor James Lye joins Standard Chartered bank in senior role, Money News,Standard Chartered on Thursday (Oct 20) announced the appointment of James Lye as its global head of international banking with effect from Nov 1. In this newly created role, Lye will be based in Singapore where he will
Thinking of adopting a pet? Plan a budget first, Money News,It's hard to imagine any part of the economy that's benefited from the coronavirus, but Singapore's pet industry is one exception. The start of the circuit breaker inspired a tenfold increase in pet fostering, and as families
Downpayment for condo: How much do first-timers need in Singapore?, Money News,\”Buying a house in Singapore is easy!\” …said no one ever. The path to home ownership in Singapore is often a difficult, convoluted and arduous task. It's one that was made even harder with the advent of Covid-19, whi
These are the top 5 best-selling new condo launches of Q3 2020, Money News,Q3 has been an interesting time for the Singapore private property market. It’s gotten extra attention for two reasons: First, it’s following the Circuit Breaker in Q2, so market watchers are trying to pick up on the general
5 basic insurance policies to consider buying in Singapore , Money News,If 2020 has taught us anything, it is that there are many events that are out of our control, some of them potentially expensive. That’s why insurance exists — to offer financial support when disaster strikes. But it’s easy to g
Stashaway review: Is this popular robo advisor good for beginner investors?, Money News,You might have heard of a little robo advisor called Stashaway. OK, it’s not so little — this startup has been around since 2016 and has dominated the robo advisor scene ever since. With no minimum investment to
66 new launch condos near their ABSD deadline in 2022/23, Money News,With home prices at an all-time high, buyers are looking in every possible nook and cranny for a better deal. Here’s a flicker of hope for them: Developers close to their ABSD deadline are highly incentivised to move their last few
Lee Wei Ling sells Cluny Hill GCB for $50m to Haidilao co-founder Shi Yonghong, Money News,Co-founder of hot pot chain Haidilao, Shi Yonghong, has spent $50 million to purchase a Cluny Hill good class bungalow (GCB). And he purchased it from none other than Dr Lee Wei Ling, the daughter of the late
12 little-known things about CPF that most Singaporeans are still unaware about, Money News,The CPF system in Singapore is a valuable scheme. In fact, it is often cited at the international stage for being one of the best pension systems in the world, providing financial security for both individual
O.K. Lim's Bukit Timah GCB to be sold for $33.39m, Money News,Lim Oon Kuin, founder of the collapsed oil trading group Hin Leong, and his wife Tan Sook Eng, are selling their good class bungalow (GCB) in Second Avenue for $33.39 million. The buyer is Ng Poh Choo, wife of former executive chairm
Is it really mad to pay $1 million for a Woodlands HDB flat? We find out if there are better condo alternatives, Money News,I can’t help but notice that Singapore’s resale HDB prices have been performing inversely to the stock market (for the last few weeks at least). It was just earlier in May that
How to save money for a flat before your 35th birthday, Money News,Saving $300,000 for a flat in Singapore seems like a monumental feat. But if you start now, you'll be able to afford it by your 35th birthday. To put things in context, the median price of a 3-Room Resale Flat in Ang Mo Kio is $
Best grocery credit cards in Singapore 2021, Money News,NTUC Fairprice, Cold Storage or Sheng Siong? Also, which credit card to use at each supermarket? Here’s how you can make the most out of your grocery runs and be your own cashback king or queen. Grocery shopping is a regular routine for househo
Are you financially ready to be your own boss?, Money News,Being your own boss is undoubtedly exciting. However, I would liken starting your own business full-time without preparing financially would be like jumping out of a plane without a parachute. Sure, you might survive the fall. But, it would
SORA-pegged home loan: 5 key things to know if you're switching from SOR or SIBOR, Money News,The impending inflation and rise of interest rates are upon us, with the United States Federal Reserve looking to raise interest rates as early as March 2022. Singapore pegs its interest rates close to
4 expenses you could be earning credit card rewards for but probably aren't, Money News,Almost everything you spend on-from Starbucks coffee to Grab rides-can easily earn miles or cashback if you have the right credit card. Even still, many people neglect to use their credit cards for surprisin
5 tips for homeowners for the 2021 housing market, Money News,Over the past year, the average price for the public housing market increased 4.8per cent, an increase from the 0.1 per cent rise experienced in 2019. Even with the pandemic restricting activity across a number of industries, the housing
What's the difference between loan sharks and licensed moneylenders?, Money News,Licensed moneylenders in Singapore aren’t the same as loan sharks. They are regulated by the Registry of Moneylenders and aren’t allowed to do many things that loan sharks do. Did you know moneylenders in Singapore
Complete guide to CPF LIFE: Facts, myths and how to make it work harder, Money News,If you’ve been confused, frustrated, annoyed or even alarmed by how Singaporeans are made to work all the way till they’re 70, without even letting us have our money back, there’s a slight chance you might be a littl
Changes to definition of 'critical illness' in life insurance policies, Money News,The definition of “critical illness” in life insurance policies is set to change from August 26, 2020. In short, the definitions have been tightened to provide greater clarity. In August 2019, the Life Insur
8 investing skills you didn't know you could learn from Chinese New Year games, Money News,What can the likes of Blackjack, Mahjong, Dai Di and In-between teach you about investing? Here’s a look at the parallels between your Chinese New Year games and investments. Ahead of the festive Chinese
How does ABSD affect you if you're a Singaporean buying property with a non-Singaporean?, Money News,Buying property can be daunting and complicated, especially if it’s your first time. On the finances side, it’s not just the home loan that you need to take note of. There are also other (often
Writing a will: The why, how, and how much, Money News,Writing a will is not just for tycoons looking to head off family feuds over inheritance. It is, in fact, a legal tool that is useful no matter where you stand on the socio-economic scale. And perhaps best of all, writing a will is very affordab
Supplementary Retirement Scheme (SRS): What is SRS + what can you invest in & everything you need to know, Money News,Supplementary Retirement Scheme (SRS): What is SRS + what can you invest in & everything you need to know. If there’s anything more complicated than Additional Math… it’s got to
Running through a pandemic with Jim Weber, CEO of Brooks Running, Money News,NEW YORK – There is an old joke in the marathon community, that every runner is running away from something. That was certainly true for Brooks Running CEO Jim Weber, who had to pace his company through a global crisis that
Voluntary CPF Housing Refund: What is it, and should you do it too?, Money News,Emptying your CPF Ordinary Account (OA) to pay for property and service your mortgage is one way you can get some utility out of your CPF savings before you hit retirement age. But you might have heard voices whispering
Temasek pledges $5 billion for climate-focused investment platform, Money News,AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. Singapore's Temasek Holdings has committed an initial
Publicly listed company Lian Beng declines to reveal how much family members are paid, Money News,LIAN Beng Group has declined regulators’ request for the company to disclose the remuneration of employees singled out as family members of a director, the chief executive or a substantial shareholder,
We are in our 50s with $5m assets and earn $480k per year – should we keep our condo and decouple or sell it to purchase a landed home?, Money News,Hi Ryan, We have been avid readers of your Stacked Home articles, thank you for writing and sharing your knowledge with all. We are in a dilemma with so
Which fashion brands should you invest in? , Money News,These days, the dreaded \”buyers remorse\” is a thing of the past thanks to a plethora of re-sale websites, dedicated to finding new homes for your fashion finds. So, if cleaner and leaner wardrobe was one of your new years resolutions, Vestaire
How much should you pay for a home renovation in Singapore?, Money News,With the high levels of home ownership, undertaking a home renovation is a rite of passage for most Singaporeans. In fact, there's a high chance home renovation will rank among the top 5 expenditures in your lifetime. So ho
Grab launches new financial literacy programme for its driver and delivery-partners, Money News,Grab Singapore has launched a new financial literacy programme for its driver and delivery-partners. The programme, named FinLit, will be part of the GrabAcademy initiative which covers all aspects of its
A price analysis of 4 HDB BTO projects that have hit their MOP in 2022, Money News,We previously compiled a list of HDB BTO projects expected to MOP in 2022 and shortlisted some projects near the MRT. So this time, we’re looking at the resale prices of some BTO projects that have recently hit their
Are HDB flat upgraders getting priced out of new launches in 2022? , Money News,HDB upgraders have been a dominant force in the property market, over the past few years. As of the past year however, this may be changing – fewer HDB owners have bought private properties in 1H 2022, and the most notab
News Corp inks Australia Facebook deal, signalling truce after blackout, Money News,SYDNEY – Rupert Murdoch’s News Corp reached a content-supply deal with Facebook Inc in Australia, the companies said on Tuesday, a step toward settling a dispute that saw the social media giant briefly shut down thou
How to find great whiskey without breaking the bank, Money News,According to Fitch Solutions, a data and research firm, Singapore's alcoholic drinks sector is expected to recover in 2021, with spending projected to grow by 2.6 per cent annually over the medium term (2021-2025). It's likely
How you can save money on imported items before the 2023 GST, Money News,With GST set to be imposed on low-value goods from 2023, time is on your side for now. What cards should you use when buying things online from overseas? During Budget 2021, the government announced that the Goods and Services
URA awards 2 GLS sites at Slim Barracks Rise, Money News,URA has announced on Monday (Oct 11) that it has awarded two government land sales (GLS) sites at Slim Barracks Rise (Parcels A and B). Both are residential sites with commercial on the first storey. Parcel A was awarded to EL Development, whi
Will 1 Canberra, The Warren, or a small freehold condo in Potong Pasir be a better choice for a family of 4? , Money News,Hi stacked homes, I have just recently started property shopping, and I am very impressed by your insightful editorials. I would like to seek your advice on comparisons of a thre
I lost over 20% on my property investment in London over 9 years – here are my key takeaways, Money News,When we bought my London flat, my Mother and I had been comfortably settled in our family home for 30 years, and weren't expecting to move anytime soon. As I had already been in the UK for f
How to pick dividend stocks for your portfolio, Money News,Dividend investing can be a good investment strategy and a near effortless way to earn passive income. For instance, a $10,000 investment in a stock with a five per cent dividend yield will give you $500 in annual dividend income without you
AirAsia Food delivery: What credit cards to order with for big rewards, Money News,AirAsia Food Delivery has touched down in Singapore. Here’s everything you need to know, from its pros to credit cards to use to maximise rewards. It’s a sign of the times that airlines have had to resort to some unco
Do credit cards still have a place in your life?, Money News,From the news: debit cards are making a return to glory days, as consumers deal with debt. Can you still use credit cards to your advantage? With Covid-19 dragging on for as long as it has, it is no surprise that more and more consumers in
2 Singapore shares that could go on to crush the stock market, Money News,A proper investment thesis should include the company’s competitive moat, its catalysts, along with its risks. The moat protects a business from competitors and represents a key reason why the company is attractive to look int
Goldbell Group confirms acquisition of BlueSG, Money News,Goldbell Group (Goldbell) has confirmed its acquisition strategy with BlueSG on Friday, Feb 5, 2021. The firm will be fully taking over Singapore's leading electric car-sharing network by August 2021. Launched in 2017, BlueSG grew under
Singapore Budget 2021: Electric vehicles to go the extra mile with $30m support from govt, Money News,One sector that has definitely emerged stronger from the Budget 2021 announcement would be electric vehicles. Find out what initiatives there are in place for Singaporeans who wish to adopt a greene
Want to start trading cryptocurrency? Here's a step-by-step guide to how Xfers works, Money News,The days when Bitcoin was a goldmine have dissipated together with our mask-free pasts, but you might still be thinking of trying your hand at this whole cryptocurrency thing. After all, the governm
Alibaba's co-founder says no plans to sell South China Morning Post, Money News,Alibaba has no plans to sell Hong Kong's South China Morning Post, the e-commerce giant's co-founder Joe Tsai was quoted as saying in a letter to South China Morning Post staff seen by Reuters, following a
Treelodge@Punggol review: Greenery living with unique 5-room loft units, Money News,Project: Treelodge@Punggol HDB Town Punggol Address: 305A-B Punggol Road, 305D Punggol Drive, 306A-C Punggol Place, 306D Punggol Drive Lease Start Date: July 2012 No. of Units: 712 Treelodge@Punggol may not be the ol
Buying an HDB resale flat in 2022: How much do you need to be earning?, Money News,So… You looked at the latest May 2022 Housing and Development Board (HDB) Build-to-order (BTO) Launch and scoffed at the long wait times of 2.5 to 5.5 years. Or maybe you've applied countless times for a BTO flat
Gojek, Tokopedia merge in Indonesia's biggest deal, Money News,Indonesian ride-hailing and payments firm Gojek and e-commerce leader Tokopedia announced a merger on Monday (May 17) in a transaction that would create a technology powerhouse in the country's largest deal. Sources familiar wi
15 companies that will benefit from the Covid-19 Resilience Budget, Money News,The Covid-19 virus outbreak has upturned many economies and caused untold pain and suffering to thousands of people. Singapore is no exception. The latest flash estimates project that the Singapore economy contracted by 2
DBS, OCBC and UOB: Are Singapore bank stocks cheap?, Money News,Singapore’s three listed banks — DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) — have garnered plenty of interest among investors. Since December 2020,
5 bathroom renovation tips to make it worth the cost, Money News,Whatever the reason for your bathroom renovation, you should set yourself up for success by preparing for what could easily become a major financial commitment. Learn if your bathroom renovation is worth the investment and read our top
Secretlab CEO Ian Ang buys 2 properties for $51m, including Good Class Bungalow, Money News,With Secretlab rising to become a titan in the gaming world, CEO Ian Ang is certainly sitting on the throne of success. The company, after all, has come a long way since its foray into the ergonomic gaming ch
Samsung to invest $489 billion over 5 years in strategic sectors, Money News,SEOUL — Samsung Group will invest 450 trillion won (S$489 billion) in the next five years to accelerate growth in semiconductors, biopharmaceutical and other next-generation technologies, Samsung Electronics said. South Kor
When should you open a second bank account?, Money News,While the thought of opening a second bank account could be unnerving, the convenience and perks that you'll enjoy surely make it worth your while. For most Singaporeans, opening a second bank account is not something that comes to mind un
Billionaires who lost it all, Money News,They've made billions and they've lost billions – from illegal dealings to plain old bad investments, here are the billionaires who have fallen from their one per cent perches. ALLEN STANFORD Stanford enjoyed all the trappings that vast wealth bring
Best petrol credit cards in Singapore (2021), Money News,Nothing beats the kind of savings you get from pumping petrol across the causeway. But having these credit cards at hand should come close to the feeling. Owning a car in Singapore is already expensive. Your bank balance will thank you if you
Take this before you go: A must-read guide for budding investors, Money News,Investing is an essential skill to have, allowing you to manage your finances better and achieve life goals quicker. Here’s all you need to know before you take the plunge. It’s no secret that folks young and old alike enjo
What should I do with my Sembcorp Marine shares that are loss-making?, Money News,I participate in Seedly's community forums by answering investing-related questions. Recently, there was a question along the lines of \”What should I do with my Sembcorp Marine shares that are in the red?\” I thoug
What is value investing?, Money News,KNOW THE TRUTH ABOUT VALUE INVESTING So you are planning to start investing but do not know where to start? Maybe you have heard about a style of investing called value investing and you do not know what does it mean? Congratulations on taking the first step to t
CPF Investment Scheme (CPFIS): Should you invest your CPF money?, Money News,Come Oct 1, 2020, fund sales charge will be slashed to 0 per cent . And portfolio wrap fees will be reduced to up to 0.4 per cent . While this is welcomed news for CPFIS investors as this means lower investment costs. There
Singapore hospitality trusts seen as ripe for more take-private deals, Money News,SINGAPORE – Deals to take private Singapore's real estate investment trusts (REITs) are expected to gain momentum as the companies reel under rising interest rates and fierce competition to buy assets, bankers and
Thai Airways trying to sell 34 planes, Money News,SYDNEY, Nov 6 – Thai Airways International PCL said on Friday it was looking for potential buyers for 34 used Airbus SE and Boeing Co planes as part of its restructuring plan. The sale of the planes, which are narrowbodied and widebodied aircraft tha
HDB service and conservancy charges (S&CC): What you need to know (2023), Money News,A million flats spread across 24 towns house over 80 per cent of Singapore residents. For us who call our HDB flats home, we pay service and conservancy charges (S&CC) every month. Service & Conservancy Char
OCBC profit surges 31% in record quarter for Singapore banks, Money News,Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) joined its Singapore peers in beating market estimates and pumping out record quarterly profits as banks rake it in on higher interest rates. T
One mistake income-seeking retirees should not make, Money News,Retirees usually rely on dividends to provide them with a constant stream of passive income. Dividend yields that exceed inflation can prevent your wealth from being eaten away over time. However, there can be cases where there is too m
Can you afford a Sentosa property now that it's 'cheap'?, Money News,Let’s start with some numbers that we’ve gathered on Sentosa. Number of profitable/unprofitable transactions Condominium Detached House Terrace House Grand Total Breakeven 1 1 – 2 Gains 518 69 33 620 Loss 166 15 7 18
Best mortgage insurance in Singapore (2021), Money News,What if we can’t make our home loan repayments one day? With mortgage insurance, you can ensure that your outstanding loan amount is taken care of if misfortune or tragedy strikes. When we buy a home, the litany of insurance products deemed as
5-room HDB DBSS flat in Bishan sold for record $1.295 million, Money News,SINGAPORE – A five-room Housing Board flat in Bishan has changed hands for a record $1.295 million this month, smashing the previous high of $1.268 million lodged just last month. The 120 sq m unit at Block 273A Bishan Street
HDB to incur $270 million loss from Central Weave BTO project in Ang Mo Kio: Desmond Lee, Money News,SINGAPORE – The Housing Board will incur a development loss of about $250 million for the Central Weave @ AMK Build-To-Order (BTO) project that was launched in August, National Development Minister D
Buying or renting your own place in Singapore? Here's a guide to help you, Money News,So, you want to get a “bachelor pad”, which essentially, is a home for a single man to call his own. (For women, it’s usually referred to as a “bachelorette pad”, but in this article, we’ll use the former for
16 rare condominiums in the Core Central Region with conserved buildings, Money News,If you visited the Botanic Gardens recently, you might have noticed the beautifully restored Atbara (1898) and Inverturret (1906) bungalows at the Gallop Road extension. I’m so glad that after being in a state of di
Singtel to sell 3.3% stake in Bharti Airtel for $2.25 billion, Money News,BENGALURU – Singapore Telecommunications Ltd said on Thursday (Aug 25) it would sell a 3.3 per cent stake in India's Bharti Airtel Ltd to Bharti Telecom Ltd for an aggregate consideration of about $2.25 billion. Singtel,
10 things I learned from Warren Buffett’s 2019 letter to Berkshire shareholders, Money News,This the most coveted letter that investors look forward to each year. Having read them over the years, Warren Buffett’s investment principles have started to stick and grown on me over time. It’s these four
Singaporeans are selling coffee and nasi lemak from their HDB flats – here's what you need to know about running a home-based business, Money News,Beyond rental, resale, and just being a home, Singaporeans are always out to stretch what they can do with their flats. In recent years, more of us
AirAsia X gets shareholder go-ahead for restructuring plan, Money News,KUALA LUMPUR – AirAsia X shareholders have approved the Malaysian budget airline's debt restructuring, it said on Tuesday, allowing it to pursue a scheme it viewed as key to survival. Shareholders of the long-haul affiliate
Bitcoin tumbles amid crypto contagion fears after Celsius Network freezes withdrawals, Money News,WASHINGTON – Bitcoin fell as much as 14 per cent on Monday (June 13) after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing \”extreme\” market conditions, in
Home Protection Scheme (HPS) for HDB owners: What does it cover?, Money News,Besides their love for acronyms, the government also has a soft spot for schemes. And if you’re an HDB flat owner, the Home Protection Scheme (HPS) is one of the many schemes you might be forced to take part in. In a nutshe
Chinese New Year ang bao rates 2021: How much should you put in the red packets?, Money News,Red packet, or more affectionately known as Ang Bao, is a traditional monetary gift given among family and friends during Chinese New Year. In particular, CNY ang baos are given from the married to the unmar
Dalvey Estate GCB Area bungalow case: Former president Ong Teng Cheong's elder son sues sister-in-law, Money News,The 56-year-old elder son of ex-president Ong Teng Cheong, Mr Ong Tze Guan, has been reported to be taking his sister-in-law, Madam Wang Yi Yi, to court over an award-winning Art De
Is buying an e-scooter still worth it?, Money News,E-scooters are some of the most popular personal mobility devices in Singapore, as evident from a number of new e-scooter companies like Telepod, Neuron, Beam or Lime. However, buying your own may not be in your best interest unless you've cons
How bars and restaurants get you to spend more during Happy Hour, Money News,Here's how happy hour promotions help bars and restaurants boost their overall revenue – while keeping you happy
Cost of getting a Class 2B motorcycle license in Singapore, Money News,For some, motorcycles are a symbol of freedom and empowerment. For others, they're a fuss-free, cost-effective way to travel. No matter why you want to ride, here's how much it'll cost you. The recent ban of Person
Are these 2 stocks with double-digit dividend yields worth your attention?, Money News,Income-seeking investors naturally gravitate towards dividend-paying stocks . When comparing businesses that pay out dividends, you should be looking at the dividend yield rather than the absolute level of dividen
Why debt is not always a bad thing, Money News,Personal finance websites usually advise us to avoid taking on debt if necessary. They correctly point out that excessive debt can drain your cash flow, putting you at mercy of creditors such as banks and finance companies. However, an exception can be
How to choose the perfect HDB resale flat to buy, checklist included , Money News,I recently attended a friend’s housewarming party, which was held in his new HDB Resale flat. (I know, the irony is not lost on me.) And he was pretty happy with his flat — save for one small thing. This is a rough ske
Lasik vs contact lenses vs spectacles – which is best (and cheapest) for you?, Money News,Today, we'll focus on the pros, cons and costs of spectacles, contact lenses and LASIK
3 stocks hitting 52-week highs, Money News,There are stocks that are hitting a 52 week-high despite the pandemic. The strange thing about this Covid-19 crisis is that it has not impacted all industries in the same way. The unfortunate ones such as airlines and tourism have suffered. However, industr
3 best credit cards for women in Singapore, Money News,The modern Singaporean woman wears many hats – the corporate leader, mother, wife, or perhaps, carving her niche in a male-dominated domain. Whether you are paying for a business lunch, shopping for your next luxury bag or buying grocery for the
Can investing in the stock market make you a millionaire?, Money News,With all that’s happened in the world within the last ten years, you may be forgiven for thinking that it is tough to build your wealth. After all, we had the Global Financial Crisis back in 2008-2009 which decimated banks and fin
Money diaries: How a couple in their 30s making $16,500 a month spends their money, Money News,Are you saving as much as a late-30s couple earning $12,000/mth? How much are people really spending on their mortgages or parents’ allowances? Money diaries provides a micro, non-filtered view into local
Lasik Singapore price list: How much does Lasik surgery cost?, Money News,In the beginning, there were spectacles. Until then, if your eyesight failed you, your best bet was to squint. But now you can undergo Lasik and get your eyesight corrected in a fuss-free way. How much would this actually cost
3 stocks I never plan to sell, Money News,Every investor dreams of owning the next Amazon, where one stock, held for life would make a big difference to their portfolio. Such businesses should ideally have a strong competitive moat and a track record of consistent, steady growth. They should also de
It's clear – the rich in Singapore are buying cars like never before, Money News,I've made this joke many times – in the midst of the Covid-19 pandemic, people (especially the wealthier ones) are buying cars now because they have nowhere else to spend their money. A Forbes report earlier t
6 newly launched condominiums with actual price decreases in 2021 , Money News,The news is rife about Pasir Ris 8, and it may seem like prices are only going one way – up. Amid all the positivity, however, we have a little beacon of hope: some projects have seen lowered, rather than raised, prices a
3 US stocks you can buy with $14,000, Money News,The best stock to buy may not always come from Singapore. Many investors feel comfortable investing in only locally-listed companies but the truth is that there is a much wider breadth of companies in overseas markets. The growth profiles of some of t
Best online shopping credit cards in Singapore (2021), Money News,The best thing about online shopping is that you can refresh your wardrobe or gadget stash without contending with the downtown crowd and the commute. And with the heightened anticipation from the delivery, it makes the unboxing of yo
What is NBA Top Shot and what should investors know about it?, Money News,In recent months, NFTs have sent shockwaves throughout the global investment community. NFTs, also known as non-fungible tokens, are virtual tokens that certify an asset's authenticity on the blockchain. In only a few sho
Stock market: Should you sell in May and go away?, Money News,You might have heard about the famous saying in the stock market that goes: [embed]None[/embed] With May fast approaching, are you wondering if you really should sell in May and take a break from the stock market? We’ve got ya covered, ma
What to make of Singapore Airlines's FY19/20 earnings results, Money News,Last week, Singapore Airlines (SGX: C6L) announced a sobering set of results for the quarter ended March 31, 2020. SIA's latest earnings showed an operating loss of $803 million on the back of a 21.9 per cent fall in
Family of Haidilao co-founder and Singapore's richest man buys bungalow beside Botanic Gardens for $42m, Money News,SINGAPORE – The family of Singapore's richest billionaire, a co-founder of Sichuan hotpot chain Haidilao, is buying a freehold good class bungalow (GCB) in Gallop Road at the
HDB resale price increase: Why are prices rising & what does it mean for home buyers?, Money News,Singaporeans have been rushing to buy HDB resale flats recently. Here’s proof: a record-breaking 29 HDB resale flats priced at over $1 million were sold in November 2021. When the pandemic first started
3 important investing lessons I learnt last year, Money News,Admitting to our own mistakes is one of the toughest things for an investor to do. Why do I say this? Because it's human nature to believe that what we do is right. Most of us also tend to hold a strong belief towards how investing sh
4 ways to invest in yourself (and your financial future), Money News,Wealth is an accumulation of good decisions, and not only financial ones. You should be proactive today about setting yourself up for the best possible financial future. Here are 4 things to make sure you're doing so that you
4 smart ways to spend your first paycheck, Money News,Getting your first paycheck is something to remember. For most, we cannot forget how the crisp check felt in our hands when we first held it. It doesn't take long for disappointment to set in as we see taxes, CPF retirement deductions, and o
DBS faces potential culture clash as it scoops up distressed Lakshmi Vilas Bank, Money News,MUMBAI/BENGALURU/SINGAPORE – DBS Group’s move to take over troubled Lakshmi Vilas Bank will give Southeast Asia’s largest lender the boost in India it has long desired, but aligning the two banks’ business cu
Assessing annual value of non-rentable property: Bollywood Veggies' case against IRAS' Chief Assessor, Money News,Most of us know that our annual property tax is calculated based on its estimated gross annual rent (assuming that the property’s rented out to say, a ‘hypothetical tenant’). T
84% of new non-landed homes sold above $2,000 psf in September, Money News,On the back of two major launches in the Outside of Central Region (OCR), new home sales in September totalled 987 units, excluding ECs. This is a 125.3 per cent increase from August’s new home sales at 438 units. Last month
DBS profit rebounds, seen gaining as rates outlook improves, Money News,SINGAPORE, Feb 14 (Reuters) – DBS Group flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia's largest lender as pandemic-hit economies rebound and boost loan
Sea e-commerce unit Shopee to shut India operations, Money News,SINGAPORE – E-commerce and gaming firm Sea Ltd said on Monday (March 28) it is withdrawing from India's retail market just months after starting operations there, the second pullback this month in an overseas expansion drive, as th
Should you start buying insurance for all your luxury bling?, Money News,What happens if your prized jewellery, watches or branded bags get damaged in a fire? Here’s how you can insure your luxury possessions to save yourself from the financial heartache. When we think about insurance, we think abou
Amazon closes deal to buy MGM movie studio, Money News,WASHINGTON – Amazon.com Inc on Thursday (March 17) said it had closed its $8.5 billion (S$12 billion) deal to buy MGM, combining the fabled movie maker behind Rocky and James Bond with the online retailing giant as it looks to draw consumers thr
DBS Altitude Visa Signature Card review: Is this popular air miles card worth the hype?, Money News,Yet another DBS credit card? You’ll want to pay attention to this one though. The DBS Altitude Card is one of the most popular air miles credit cards for fresh grads and young working adults. You earn
3 dividend stocks with at least 150% growth for the past 4 years, Money News,For dividend investors, not only are they interested in the companies that could pay a steady stream of dividend, they are also keeping a look out on whether the company can boost their dividend payout in the long term. A c
Indonesia's Gojek reorganises management structure to spur growth, Money News,SINGAPORE – Indonesian ride-hailing company Gojek will reorganise its management team into two separate arms, the company said on Friday. From Jan 1, Gojek group CEO Andre Soelistyo will take charge of the company’s d
The best Singapore summer staycation and hotel credit card promotions to beat the heat, Money News,We have crossed the mid-year mark and are halfway into July. Whilst enduring this summer heat, start planning for a nice staycation to treat yourself and your friends or family. With the hotels and sta
This could disrupt your portfolio in 2020, Money News,2019 has seen its share of challenging events. As we begin a new decade, many investors are all but ready to embrace the new year. There has been no shortage of big events in 2019. The US-China trade war, which started in mid-2018, escalated in 2
Yen softens past 150 per dollar for first time since 1990, Money News,SINGAPORE/LONDON – The dollar hit the symbolic level of 150 yen (S$1.43) for the first time since 1990 on Thursday as the greenback was supported by Treasury yields trading at multi-year highs, keeping markets on high alert for in
Shopify, Amazon, Costco or Alibaba? A price-to-sales analysis, Money News,Investors often use the price-to-sales multiple to value a company. This makes sense as sales is a proxy for how much cash the company can generate for its shareholders (there’s no way to generate cash without sales). It is al
5 things to look for in REITs, Money News,Investing in Real Estate Investment Trusts (REITs) can be hugely rewarding. Besides providing investors with exposure to a variety of real estate, REITs also enjoy tax benefits and pay out regular and stable dividends (technically REIT dividends are called d
5 things you should know about Capitaland Integrated Commercial Trust before investing, Money News,CapitaLand Integrated Commercial Trust (CICT) is one of the biggest real estate investment trusts (REITs) in the Asia Pacific region and the largest REIT in Singapore by market capitalisation and total
TravellerShield Plus travel insurance review (2022): Should you buy travel insurance from DBS?, Money News,It should surprise no one that TravellerShield Plus, DBS’ travel insurance (or POSB’s travel insurance) is one of the most popular travel insurance brands in Singapore, since it’s so convenient
A brief history of 5-room BTO flat prices in Ang Mo Kio and their resale values, Money News,With HDB's Aug 2022 BTO exercise in full swing, you may be looking at its five-room offerings, such as the ones in Ang Mo Kio, Choa Chu Kang and Tampines. Among them, the indicated price range for Ang Mo
How to predict how much to pay for an HDB resale flat in 2022, Money News,Inflation has been the hot topic recently among investors. One type of asset that has “benefitted” from the tailwind of inflation happens to also be Singaporeans’ favourite type of investment: Property. Indeed, the prices of p
Warren Buffett's brainchild has a simple but unreplicable competitive advantage in the insurance industry, Money News,One of my heroes in the investment industry is Warren Buffett. His brainchild, Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), is one of the 50-plus companies in my family's
Value investing in Singapore: 10 SG value stocks that might make sense, Money News,There are a variety of ways to invest your money. A popular investment methodology popularised by various investing gurus such as Joel Greenblatt, Warren Buffett, Benjamin Graham has been the concept of Value Investin
5 things to know about Nanofilm Technologies’ IPO, Money News,Singapore Exchange Limited or SGX, has struggled to attract companies to list on its platform. The bourse operator only managed to attract six listings this year, and five of these took place in the first quarter of 2020 before the pandem
Estee Lauder to buy fashion label Tom Ford in $3.8 billion deal, Money News,Estee Lauder Cos Inc said on Tuesday (Nov 15) it agreed to buy US fashion label Tom Ford for $2.8 billion (S$3.8 billion), its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner's
Is it worth buying a resale HDB flat for rental income? Top 10 HDB towns by rental yield , Money News,One of the biggest advantages of HDB flats is their low cost, in comparison to the potential rental income. In terms of gross rental yield, the typical mass-market condo averages two to three per ce
Guide to Government support schemes for Singaporeans who are retrenched in 2020, Money News,Helping Singaporeans retain their jobs or find new ones amid the Covid-19 pandemic has been a national priority in 2020. For those who have found themselves retrenched in 2020, or are currently unemployed and
How Singapore's healthcare system works, Money News,In Singapore, we tend to have the attitude that healthcare is something to be sought only when you fall ill. We know about health insurance and MediSave, but that’s only half of it. It’s better to know how the healthcare system in Singapore wo
HDB prices in 2021: Up or down?, Money News,“Singapore residential property market remains resilient despite downturn.” “HDB resale prices up for the fifth straight month in Nov 2020.” “Number of HDB resale flats sold for at least $1 million hits new high, 72 in first 11 months of 2020.” Never mind
How to monetise your HDB flat for retirement in Singapore, Money News,For many HDB flat owners in Singapore, their home is built on a lifetime of savings. With the right planning, this asset can be used to create a financially comfortable retirement. While there are many possible ways to monetise an
Side hustle ideas for students: How to earn extra money while studying, Money News,Just a couple of years ago, I was a student who was scrambling to look for ways to earn my own keep. Or rather, just have enough money to pay for my meals and hostel fees. I knew that my peers were turning their hobbi
Waterway Cascadia review: Great views and architecture but lacks immediate amenities , Money News,Waterway Cascadia may be one of the more expensive HDBs in the Punggol area, but its scenic views of the river/greenery and its unique architecture is hard to argue against. What we like What we don
Expense tracking apps you should use: How to budget like a boss, Money News,It’s payday! Woo! Ever since I graduated from university and began my working life, one day I’ve always looked forward to is when my salary gets released. I start thinking about what should I treat myself to, scroll through
World at rising risk of recession as inflation hits consumers, Money News,LONDON – The global economy is increasingly at risk of sliding into recession, surveys showed on Tuesday (Aug 23), as consumers faced with generation-high inflation rein in spending while central banks are tightening policy ag
Best business credit cards in Singapore (2021), Money News,Different business credit cards exist to suit different business needs and goals. Consider your business spending habits, fees and charges along with perks when comparing business credit cards. Are you a business owner who’s looking for a bu
Best commodity asset of the decade and why Bitcoin might prosper in 2020 , Money News,I came across this pretty interesting diagram from visualcapitalist aptly called The Periodic Table of Commodity Returns. Its a really fancy table with a myriad of colours that caught my attention. The table basica
8 ways to accelerate your wealth in Singapore, Money News,What does it take for one to get wealthier in Singapore? Here are eight ways to get one, nay, eight steps closer to the holy grail of personal finance. Financial independence, retire early — also known as FIRE — is a popular financial goal of
Trust credit card review: The newest kid on the block, Money News,The latest kid on the block, Trust credit card was just launched barely two weeks ago on the Sept 5. It’s actually issued by a new digital bank (means they don’t have any physical shopfront or branch) called Trust Bank formed by Stand
5 ways to invest for the greater good, Money News,Ser Jing and I started The Good Investors as a platform to raise awareness on how investors can invest well for themselves while doing good for the world. These two objectives are by no means mutually exclusive. DRIVING GROWTH In his book Sapiens: a
How to move to Singapore without ruining your finances, Money News,So you've decided to move to Singapore in pursuit of new opportunities. Congratulations! However, Singapore has been named the most expensive city in the world and you've been worried about how you're going to cope fin
Best crypto trading exchanges in Singapore: 2022 crypto crash update, Money News,In May this year, all was headed down south in the Wild Wild West we call the crypto market. The crypto crash saw Bitcoin (BTC) fall to its lowest since July 2021. The third largest crypto, Tether's (USDT) price al
Are new ECs still attractive after the new cooling measures?, Money News,After the December 2021 cooling measures, the general consensus was that Executive Condominiums (ECs) would be more attractive. At the time, we broadly agreed with the sentiments (even though it was more to do with rising price
Why should I care? A working adult's take on Budget 2020, Money News,Deputy Prime Minister and Finance Minister Heng Swee Keat released Singapore's Budget statement for the financial year 2020 (FY20) yesterday, which would see an overall deficit of $10.9 billion. The Budget was aimed at re
What's behind the surge of new launch condo purchases in January?, Money News,At this point, the prediction of new cooling measures may have become a self-fulfilling prophecy. New condo sales surged month-on-month, between December 2020 and January of this year; and while the reasons are varied
You can buy a house in Japan for just $500. Here's what you need to know, Money News,Quite a number of Singaporeans dream of overseas properties, and a favourite aspiration is Japan. So with news of vacant Japanese homes going for around $500 – or even outright free in some cases – a number of
4 important lessons we learned investing in 2019, Money News,2019 has gone by in a blink of an eye. It has been a tumultuous year in the market, filled with the uncertainties of geopolitical events such as the US-China trade war, the UK (still) leaving the EU, and the now-withdrawn extradition bill
Top 6 tech IPOs to watch in 2020 and how to invest in them, Money News,Do you like parties? If you do, you’ll be glad to know that there are parties in the world of stock investing as well. I am talking about initial public offerings or IPOs for short. For the uninitiated, an IPO is the process wher
CapitaLand dividends & share price guide: Is it worth buying?, Money News,With its property development arm now privatised, CapitaLand is seeking new grounds with a sharpened focus on investment management. Here’s what investors should know about the move. In March this year, CapitaLand, known for p
Trying to raise Series A funding? 5 effective tips for entrepreneurs, Money News,Thanks to bootstrapping and private equity investors, your startup has been steadily growing, and your business is starting to gain traction among your target audience. With a growing customer base, you’re ready to expa
5 unpopular, slow-selling new launch condos in 2021: What's going wrong?, Money News,Despite the uptick in the property market, not all condos are doing well. Sometimes it’s due to oversaturation, like in Holland V , while other times it may be issues like unpopular unit layouts. That said, not
South Korea's Krafton, maker of hit game PUBG, tumbles on debut, Money News,SEOUL/HONG KONG – Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game PlayerUnknown's Battlegrounds (PUBG), fell as much as 20 per cent on their trading debut on Tu
Grab's Nasdaq debut to set tone for Southeast Asian tech listings, Money News,SINGAPORE – Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion (S$S55 billion) merger with a special purpose acquisition company (SPAC), i
The pros and cons of taking on debt to invest, Money News,Using debt to invest can boost returns on your investment, albeit with higher risk. We look at the reasons why people leverage and why it’s not for everyone. The idea of taking on debt to invest is not new to seasoned investors, and novice in
A complete list of 23 executive apartments: Where to find them, price, and size, Money News,Every decade in Singapore, our flats and condos alike seem to grow smaller. Space is at a premium; and for big families, it could be a tough call to spend over $1.6 million to fit into a sizeable three-bedroo
Haidilao boss Zhang Yong's net worth drops from $18.6b to $11.7b, Money News,Two years ago, he was Singapore's richest man. Now, Haidilao chairman Zhang Yong's net worth has fallen. According to Forbes, the 47-year-old restaurant tycoon's net worth was US$13.8 billion (S$18.6 bil
4 easy ways to lower your property agency commission, Money News,Buying or renting your new home is an exciting time. While you may be focused on the location, design of the house, and the monthly maintenance charges, try not to forget the commission fees you have to pay the agency. In Singapore, th
Dogecoin is crashing: Should you bank on Ethereum instead?, Money News,Ethereum refers to a decentralised, open-source blockchain technology which serves as a ledger to keep track of transactions. Ledgers are the foundations of cryptocurrency transactions and Ethereum’s native cryptocurrency is call
How do rising interest rates impact property prices and how to prepare for it , Money News,Unless you’ve been living under a rock, you’ve probably heard by now that 2021 saw the highest annual growth (10.6 per cent) in around 10 years – beating the previous peak in 2013. The rise in property prices
9 stocks to ride the cryptocurrency wave without owning any cryptocurrency, Money News,Bitcoin's price is on a tear…. Every other day, it seems to be hitting new highs. For the uninitiated, Bitcoin is the first decentralised digital money system that was introduced by Satoshi Nakamoto in a whit
Senja Parc View review: Unblocked greenery views but noisy environment, Money News,Reviewed by Reuben on Nov 17, 2021 Project: Senja Parc View HDB Town Bukit Panjang Address: 636A-C Senja Road Lease Start Date: Nov 1, 2015 No. of Units: 577 Senja Parc View is one of the newer HDBs in Bukit Panjang.
7 stunning sea view condos in Singapore, Money News,It's always a luxury waking up to the sight of the sea – blue skies and clear water stretching ahead endlessly. Imagine going for a five-minute stroll down the beach to rejuvenate yourself after a long day – it sounds like a dream! But you don
Fancy resort-style living on Caldecott Hill? Lee Hsien Yang is selling his bungalow for $16.8m, Money News,If you've got a taste for resort-style living in the prime district of Thomson, there's a property for you at the right price. Lee Hsien Yang is selling his two-storey bungalow for a
$1m properties: HDB versus condo, Money News,News of one million dollar HDB flats is popping up more frequently in Singapore. This begs the question, why spend one million dollars on a HDB apartment when with that money, you can break into the condo lifestyle? Is it really a wise choice? And what&#x
Nov 2020 BTO Toa Payoh: Unit analyses for Bartley Beacon & ParkView @ Bidadari, Money News,It has been a while since a BTO was launched at Bidadari. During the Nov 2020 sales launch, there were two: Bartley Beacon and ParkView @ Bidadari. We take a look at both sites and see which units to pick if y
Citibank Rewards Card review: Is this the best card for shopaholics?, Money News,The Citibank Rewards Card is one of the more attractive credit cards in Singapore for shopaholics, offering 10x rewards points (or $1 = four miles) when you shop online (excluding travel-related transactions). You can u
4 key issues to consider if you are planning for a second property , Money News,While the term “asset progression” is used loosely these days, one thing should be clear: there’s a huge difference between planning to sell and upgrade (e.g., moving from a flat to a condo), versus actually wanting to o
How freelance consultants can scale earnings without burning out, Money News,Freelancers are as busy and as profitable as they make themselves. For instance, expert freelancers that have had more experience can make more than novice freelancers for the same job. If you feel like you can be doing mor
3 key things you must know before you invest in CapitaLand, Money News,CapitaLand Limited (SGX: C31) reported a mixed set of results for its first-quarter 2020 business update. The diversified real estate conglomerate owns a wide variety of property types ranging from commercial and retail to lodgin
Property prices may get even more expensive in 2023: Why new land betterment charge rates will affect prices, Money News,When it comes to new launch prices, most Singaporeans are quick to pick up on the most obvious factors like land scarcity, agent commissions, or developer stamp duties. However, o
Jumbo HDB flats: Are they worth the price you're paying?, Money News,Unless you’re living it up in a mega-mansion, homes in Singapore are hardly ever considered sprawling. Both economical and spacious, jumbo HDB flats could be the answer to your space woes. Let’s face it, spaciousness is not a
10 most profitable condos based on their average performance since 2012 , Money News,The last time we did an article on profitable condos, this was by a ratio of the highest profitable-to-unprofitable transactions since 1995. But with the various cooling measures and different policies throughout th
Supplementary Retirement Scheme account hack: How depositing $1 today might help you retire earlier, Money News,Want to retire earlier? Get ahead of your retirement planning with this simple life hack that will only cost you $1. However, if you want to reap the benefits of this hack, you need to be
Gleaming mooncake deals for mid-autumn festival 2022, Money News,Even though the Mooncake Festival 2022 is still more than one month away, it is never too early to look for early bird discounts to save a few dollars. We have compiled a list of the best mooncake deals below ranging from traditional t
Why have motorcycle COEs reached record prices in Singapore?, Money News,SINGAPORE — If you’re a motorcyclist here, you probably heard on Wednesday the unpleasant news that motorcycle Certificate of Entitlement (COE) premiums have now reached the staggering high of S$11,751. Motorcycle industry insi
Japan's yen jumps on suspected Bank of Japan intervention, fails to keep gains, Money News,SINGAPORE – The Japanese yen made a thumping four yen jump for a second straight session on Monday (Oct 24) on suspected early intervention by the Bank of Japan, but struggled to hold its gains against a
13 condos with the most unprofitable transactions (By region), Money News,You’ve read dozens of stories about property tycoons and how housing is the best asset – but at the same time, you’ve heard whispered stories about properties sold at a loss. In Singapore, the former is louder than the latter;
Weibo chairman, state firm plan to take China's Twitter private: Sources, Money News,HONG KONG – Nasdaq-listed Weibo Corp's chairman and a Chinese state investor plan to take China's answer to Twitter private, sources told Reuters, sending its shares as much as 50 per cent higher on T
Financial minimalism: How to spend less and live more, Money News,Ever wished you had more time and money to spend on things you truly enjoy? I sure do. But in order to lead a happier life, we have to take intentional steps towards those goals. “Money doesn’t buy happiness” as they say, but having m
Where you can find a newish 5-room resale HDB for under $600k in 2022, Money News,As of 2022, the average price of a 5-room resale flat, island-wide, has reached around $612,520. This is the point where home buyers yell “No way”, because everything they’ve seen appears to be well past that price ran
How will Elon Musk pay for Twitter?, Money News,Elon Musk bought himself some time on Thursday (Oct 6), after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed US$44 billion (S$63 billion) buyout of the social media company by Oct 28. Now co
8 newly-launched condominiums with high-ceiling loft units, Money News,There’s just something about high-ceiling loft units that immediately evoke a sense of grandness to a space. While you could say it is a bit of a niche product (not everyone is willing to pay the premium for one), it does increas
Bitcoin jumps after Musk says Tesla could use it again , Money News,Bitcoin hit a two-week peak just shy of $40,000 (S$53,000) on Monday (June 14), after another weekend reacting to tweets from Tesla boss Elon Musk, who fended off criticism over his market influence and said Tesla sold bitcoin but m
China's biggest developer Evergrande is $300b in debt: Here's what overseas property investors need to know, Money News,Evergrande is China’s largest property developer and – at this point – possibly its largest real estate disaster. All of this has happened at a rapid pace – from red flag
Tips and tricks to getting a great rate when applying for a personal loan, Money News,Whether you need a personal loan for emergencies, to renovate your home, for a wedding, or for many other reasons, getting a personal loan in Singapore, consists of many different factors. There are many different
A detailed list of 13 DBSS projects and their prices today, Money News,The Design, Build and Sell Scheme (DBSS) is controversial to this day. Depending on who you ask, DBSS flats were either great, or a wasteful form of housing (in terms of expense). Whatever the opinion, one thing is clear: there a
Grab set to announce merger with US Spac at $53b valuation: Sources, Money News,SINGAPORE – South-east Asia’s largest ride-hailing and food delivery firm Grab Holdings is set to announce later on Tuesday (April 13) a merger with US-based Altimeter that is set to value Grab at nearly US$40 billion (S
Former Mediacorp site at Caldecott to become 67 $11m – $14m bungalows, Money News,Mediacorp has finally put up for sale the sprawling site that formerly housed the Caldecott Broadcast Centre in Andrew Road. The sale, via a public tender exercise, will close on Dec 9. Spanning 752,015 sq ft, the site
Best fixed deposits to lock in your savings in Singapore (2020), Money News,We give you the lowdown on how fixed deposits work, and round up the best fixed deposit offers in the market right now. Imagine if you could stash away all the money you received as gifts throughout the year, forget about it
Cashback vs miles vs rewards: Which is the best type of credit card for you?, Money News,Chase miles, earn cashback or hoard reward points? With a sea of credit cards out there, how do you compare and pick the best one for your choice of lifestyle? When it comes to credits cards, your spending habit
Australian family says no to millions to retain dream home, gets sandwiched by high-density housing, Money News,A family in suburban Sydney, Australia, has reportedly refused millions of dollars from developers so that they can remain on a massive strip of land they own and retain their dream house.
This super penthouse with its own pool and a view of MBS is going for $111m, Money News,Forget GCBs. If you're house hunting and have some deep pockets, you could be living the high life – literally – in this sprawling penthouse at Marina Bay Residences. The 23,263 sq ft apartment, which is rou
How to best manage your finances as a freelancer, Money News,Coffee meetings at 11am, yoga sessions in-between conference calls, attending networking/Zoom drinks daily, this is the life you imagine as a freelancer. While calling your own (work) time is a dream of many, the grass isn’t always greener
Balance transfers in Singapore: How they work & the best rates in 2022, Money News,We do not wish ill fortune on any of our readers, but should you ever find someday that you’re having difficulty repaying your credit card bills and that your accumulated interest is stuck in a sickening upward spiral
Can maid insurance help you save money in the long run?, Money News,According to the Ministry of Manpower, there are 246,300 foreign domestic workers working in Singapore as of January 2022, comprising almost 20.5 per cent of the foreign workforce in the country. Not only that, as the demand for for
Are new ECs too overpriced?, Money News,Units for the first Executive Condo launch of 2022 went on sale in April. North Gaia, situated along Yishun Close (across the road from the recent Yishun BTO launches) sold 164 units on launch weekend, or 27 per cent of its total 616 units. When compared to th
The math behind TOTO: Here's why it (statistically) doesn't make financial sense to play, Money News,Traditions that are mainstays of Chinese New Year in Singapore include: Home visitations, Lou Hei, gambling with friends and family, and the TOTO Hong Bao Draw. This year, the Group 1 prize
Why it's so difficult to short stocks, Money News,We run the risk of losing more than we can afford when we’re shorting stocks. So going short in the stock market can be far riskier than going long. Shorting is the act of investing in stocks in a way that allows you to profit when stock prices
Median income in Singapore projected to rise to $4,850 in 2022 & $5,000 in 2023: Can it keep up with inflation?, Money News,According to the latest data from the Ministry of Manpower (MOM) Singapore, the median gross monthly income from work plus Central Provident Fund (CPF) contributions went up by
With 2 new Lentor sites launched, we review Lentor's development in relation to nearby primary schools, Money News,Last week, URA released two new residential sites at Lentor Hills Estate for sale under its 2H2022 Government Land Sales (GLS) Programme. Lentor Gardens, a much larger site, is lau
Why I own DocuSign shares, Money News,DoucSign (NASDAQ: DOCU) is one of the 50-plus companies that's in my family's portfolio. I first bought DocuSign shares for the portfolio in Dec 2018 at a price of US$41 and I've not sold any of the shares I've bought. The purchase has worked
Timing the market: Is it a good time to enter the financial markets now?, Money News,Talking to our friends and clients, we discovered that many have put their investment plans on hold, citing the same concerns: That the markets may have bounced back too much, and they should wait to go in at lower
Standard Chartered Smart Credit Card review: What makes it so ‘smart’?, Money News,As Singaporeans living in a Smart Nation, heads bowed over our smartphones, our every move tracked by security cameras that are getting smarter by the day, the new Standard Chartered Smart Credit Card seems like it wo
All you need to know about the new CPF changes: How does it affect me?, Money News,In case you missed it, there was a debate on the changes to the Central Provident Fund (CPF) Act in Parliament on Nov 1 and the Amendment Bill has just been passed today (Nov 2). There will be various upcoming changes
We moved from a BTO flat to an executive apartment: Here's why , Money News,If you’re old enough to remember the 1980’s, you might recall Executive Apartments (EAs) were all the rage of the time; you might call them the ECs of their day. These were even larger than 5-room flats, and may have pa
Why inflation reminds us to start thinking about refinancing, Money News,Everyone scorns inflation. Who doesn’t hate the main factor that impacts our purchasing power and diminishes our quality of life? That’s why it’s important for us to recognise that the inflation that we are experiencing now is
URA changes development charges: What does it mean to property buyers?, Money News,For most home buyers, development charges (DC) are not something we’d consider important. This is something the property developers pay for, right? But long-time investors and market watchers know better – not only ar
‘It's pretty rundown’: Shop owners hope to retire with People's Park Centre up for collective sale, Money News,SINGAPORE – When Mrs Lee Qing Qing heard about plans for the collective sale of People's Park Centre, she saw it as a good opportunity to retire. The 68-year-old owner of two
Integrated Shield Plan riders now require co-payment: What you need to know, Money News,From April 2, 2021, all Integrated Shield plan riders will require 5 per cent co-payment, including renewals of existing IPs with full-riders. What does this mean for consumers and how will it impact premiums? Re
6 ways to grow your money without taking on a second job, Money News,Growing your money without having to take on a second job is actually very possible. And we’re not just saying it—this notion is shared by many people who grew their money via other different means. Read on for tips and tricks and
Sony to buy anime business Crunchyroll for $1.18b to expand global footprint, Money News,TOKYO/NEW YORK – Sony Corp will buy AT&T Inc’s animation business Crunchyroll for $1.175 billion (S$1.571 billion), the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef u
OCBC 360 account review: How good is it for earning interest?, Money News,If you’re gonna open a primary savings account in Singapore, you’re most likely going to go with one of the three local banks (DBS, UOB and OCBC). But how good is an OCBC savings account for earning interest? Let’s look at the
What's the maximum interest rate a licensed moneylender can legally charge?, Money News,When looking for the best personal loan, licensed moneylenders are a good alternative to banks. Quick, easy and convenient, licensed moneylenders speed up the process, turning what might take weeks into days
Who is the tenant's agent and should you engage one?, Money News,In a previous article, we’ve covered the two types of property agents in the rental market: Landlord’s agent and tenant’s agent. In general, renters are familiar with landlords’ agents as most rentals will inevitably engage one in
How to save money on your electrical bills and avoid other hidden fees, Money News,Singapore electricity tariffs are projected to rise by about 8per cent for Q3. The average monthly electricity bill for families living in a HDB four-room flat is projected to increase by $8.25 excluding GST to $111.6
The changes I’ve made to my portfolio during this crisis, Money News,Markets are volatile, parts of the world are in lockdown, and oil prices have plunged. This is indeed an uncertain time for investors. So what should we do now? I can't answer for everyone but I thought it would be useful to d
CPF MediSave Basic Healthcare Sum raised to $66k in 2022: What it means for you, Money News,If you've been doom scrolling the news lately, you might have noticed that the CPF Basic Healthcare Sum has been raised to $66,000 to 2022. Of all the CPF thing amajigs we're supposed to understand,
New launch or resale property: 4 considerations to think about in 2021, Money News,2021 is shaping up to be an interesting year, for those choosing between new and resale condos. A number of unusual factors (such as Covid-19 related delays) pose a risk for new launches, but new private home volumes
5 cluster housing projects with units at $2m or under, Money News,That landed property sure looks great…until you start thinking about how hard it is to keep the façade clean. And how much it will cost to repaint the gigantic house. And how you’ll still have to drive to the club or public swimming p
Asset-rich, cash-poor scenarios: Singaporeans review DBS' Home Equity Income Loan, Money News,In mid-August 2021, DBS announced its Home Equity Income Loan (EIL), which allows Singaporeans and PRs aged 65-79 with a fully paid private housing asset in Singapore to obtain up to a 30-year loan tha
Cluster house: All you need to know + 25 years of price trends, Money News,If you gave us Singaporeans the option of which type of residential housing we’d prefer, I’m guessing that a large portion of us would jump at the opportunity of living in a landed home. It’s a no brainer afterall right? Big
Dual-key condo: Analysing the pros and cons, Money News,Dual-key condo units first hit the market with the launch of Caspian by Frasers Centrepoint Homes back in 2009. Since then, developers have caught on, launching numerous projects across Singapore that feature dual-key units. Some new launch con
Creating a data-driven culture, Money News,WHAT IS BIG DATA? \”Imagine a giant toy box, filled to the brim with lego bricks, duplo blocks and your favourite characters. Sounds exciting right?\” \”You could build all sorts of things, castles, forts, fire engines and even pirate ships …\” \”… Say you wan
GST vouchers – U-Save rebates: How much will you receive?, Money News,U-Save rebates are here again. Here’s all you need to know about the latest round of payment. It’s October, which means it’s time for another GST Voucher – U-Save to help with your household utility bills. This rebate is especiall
Why HDB flat owners need to know about the Home Protection Scheme, Money News,The HDB Home Protection Scheme is an important tool for homeowners in Singapore. Here’s why. Owning a HDB flat is an important milestone for the vast majority of Singaporeans and Permanent Residents. It is also no small fe
How much cash can you withdraw in lump sum from your CPF Account at age 65?, Money News,Many of us may already know that we have the option to start our CPF LIFE payouts from age 65. What fewer of us may be familiar with is that we can withdraw another lump sum amount at 65 – on top of what we may h
How do the new EGM rules for en-bloc affect you?, Money News,Starting in January this year, the Land Titles (Strata) Act (LTSA) saw a small but important amendment: a limit to the number of proxy voters during en-bloc sales. This will forever change the nature of Extraordinary General Meetings (EGMs
Singtel posts decades-low annual profit, eyes new growth strategy, Money News,SINGAPORE – Singapore Telecommunications Ltd posted its lowest net profit in at least two decades on exceptional losses and outlined a strategy to focus on areas such as 5G and develop new growth engines in information-com
Covid-19 & home loans: Should you defer repayment? , Money News,Most consumers are concerned about the economic impact of the novel coronavirus on their finances. Homeowners are no different. These individuals face falling housing prices and the threat of a looming recession. Recently, the governmen
Financial health check: Do you know your debt asset ratio?, Money News,What is a healthy Debt Asset Ratio, and how do you achieve one? We all work hard for our money, so we can afford the life we want to lead. But in the midst of managing the demands of everyday life, we can forget to check in on ou
Start university on the right foot: The best student loans to fund your education, Money News,During this time of the year, students are receiving their university admissions and deciding which university they will attend in the coming academic year. It's an exciting time given the high expecta
Should I still keep my HDB flat if I'm buying a private property? Here are 5 factors to consider, Money News,Two decades ago, the answer to this question was almost always yes – it was the “default” move to rent out your flat, and use the rental income to cover the mortgage on a condo. In 2022
Aug 2020 BTO analysis: Which unit to choose for Dakota One at Geylang, Money News,If you’re reading this, you probably got a decent shot at getting a unit at Dakota One. If so, congratulations. This Geylang BTO launched back in August 2020 was one of the most highly sought after developments with th
5 best regular savings plans in Singapore 2022: Invest with $100 a month, Money News,Investing is like exercising daily, improving your cooking skills or sleeping earlier — we all know we should be doing it, but due to lack of time, discipline or knowledge, it sometimes falls to the wayside. Not kno
Car subscription or car ownership: Which one will save you money?, Money News,Car subscriptions have recently entered the automobile industry in Singapore, allowing people to drive their favorite cars without the high upfront costs that come with owning a car. With its term flexibility and all-inclu
Covid-19 travel insurance becoming a vacation staple, Money News,Covid-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline
All 20 units of luxury condo Eden sold for a combined $300m, Money News,SINGAPORE – Swire Properties of Hong Kong is selling all 20 units at its completed freehold luxury condominium Eden, at 2 Draycott Park, in a deal amounting to about $300 million, The Business Times (BT) understands. It is not c
Are you a rational investor?, Money News,The name for the human species is Homo Sapiens, which means the wise man. But over the last hundred years, psychological studies have found that we may not be that wise and rational. In economics, man is assumed to be rational, selfish and consistent. However
November 2022 HDB BTO review: Kallang and Whampoa, Money News,Around 5 per cent of the flats to be launched in the November 2022 HDB BTO sales exercise will be located in Kallang/ Whampoa. With only around 470 units available, this is the smallest project in this launch. November 2022 Kallang/ Whamp
China bans financial, payment institutions from cryptocurrency business, Money News,China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading. It was China's latest attemp
5 reasons why you shouldn't buy a stock just because a big-name investor owns it, Money News,Over the years, I've overheard so many investors claim that a stock is a 'safe' or 'good' investment just because Temasek or some other big-name investor has a stake in it. (On
What happens when you file for bankruptcy in Singapore?, Money News,Declaring bankruptcy is not a scenario many people would have considered when you plan your finances. Because few people see it coming, the people who become bankrupts rarely know what they’re subjected to and lose hope or do not kn
Keppel sweetens offer for SPH to $3.74b, Money News,Conglomerate Keppel Corp sweetened its bid to buy Singapore Press Holdings (SPH), excluding its media business, heating up the bidding war with state investor Temasek Holdings over control of the media and real estate firm. Singapore's Keppel
How to save and grow your money while serving NS, Money News,National Service is a rite of passage for all Singaporean males. It's an opportunity to grow physically and mentally as you undergo two years of mandatory military training. But did you know it's possible to grow your wallet as w
Visa supplier locator: Find and decode any credit card's MCC to get more rewards, Money News,Finding out the MCC (Merchant Category Code) is paramount to determining whether you receive your cashback or miles. Visa’s latest tool goes a long way in making this nigh impossible task a thing of the
Best cashback credit cards in Singapore (2021), Money News,The best cashback credit cards in Singapore help you save money on your daily spending in a convenient and easy way. Cashback credit cards offer perhaps the most straightforward type of reward for consumers. Simply charge your spend to a cas
DBS investigating after some customers say they were charged twice for credit and debit card transactions, Money News,SINGAPORE – DBS Bank customers have flagged a glitch in the lender's banking services, with several of them saying that they were charged twice for transactions made on credit a
Getting married in a year? You need to save $2,300 a month to afford an 'average' wedding, Money News,Back when I was planning my wedding, I learnt that flowers cost an arm and both legs. And what some wedding photographers charge for a day's work is more than what I earn in two years
3 investment tips you can use right away, Money News,Here at The Smart Investor, we believe that everybody can learn how to invest, smartly. Some time ago, we once invited some of our readers to share their most important investing lessons. Some of these lessons are timeless, and applicable at any p
HDB BTO launch August 2021 review: Tampines, Hougang, Jurong East, Queenstown and Boon Keng, Money News,It’s that time of the year again — no, it’s not National Day season, it’s the BTO Launch that’s happening in August 2021. The timing of this BTO launch seems so apt considering we’re going back to
Top 10 altcoins for crypto investors: Binance Coin, Cardano, Ripple, Dogecoin and others, Money News,Let’s say you already own some Bitcoin and Ethereum, and you’re looking to diversify your cryptocurrency portfolio — which altcoins should be on your radar right now? And why are altcoins even worth
Grab's sales jump 39% in Q1, ahead of record SPAC deal, Money News,SINGAPORE – Grab, Southeast Asia's biggest ride hailing-to-food delivery group's first-quarter adjusted net sales rose 39 per cent to a record $507 million (S$685 million) and the Singapore-based firm reduced its losse
The average Singaporean household income: Where do you stand?, Money News,We wrote about what is a good pay in Singapore , where a typical Singaporean worker’s average monthly salary stands at $5,877 (including employer CPF). While it is good to know where you stand when it comes to your individual
Can a Singapore PR buy a landed property in Singapore?, Money News,Here’s another question we sometimes get: Can a PR buy landed property in Singapore? It’s not as often asked as “Can a PR buy an HDB flat?” (which you can check out our article on it here ). But if you’re wondering about a PR’s eligi
How much savings should I have at 35 in Singapore?, Money News,A common question asked among many Singaporeans is, \”How much savings should I have by xx years old?\” Mostly, Singaporeans just ask this because they want to know if they're above or below the median. But the answer is not so straig
Shrinking 3-bedders in new condos: How much smaller can they go?, Money News,A recent report from Property Guru states that the size of three-bedder units has fallen; from around 1,700 to 1,800 sq. ft. in the 1980s, to around 1,000 sq. ft. today. It probably won’t surprise anyone that, as a general
HDB flat pricing 101: How and why does HDB incur a deficit every year?, Money News,SINGAPORE – The Housing Board’s deficit nearly doubled to a record $4.367 billion in the financial year ended March 31, from $2.346 billion the year before. The higher deficit is largely due to more Build-To-Order (BT
What you should do with your investments in an economic slowdown, Money News,We've seen economic growth decelerating globally over the past year. Specifically, in 2019, the US economy grew at a much slower pace than it did the previous year, and Singapore narrowly escaped a technical recession.
Best credit cards for paying utility bills in Singapore, Money News,Paying utility bills and mobile phone bills forms the standard fixture of our monthly expenditure – which you can use to your advantage. Since you already know how much you expect to spend every month, you can plan ahead to maximise
An inside look to why having an exclusive agent to sell your property is wise, Money News,For some homeowners, there is this strong belief that engaging multiple agents to market their home will be a great idea. “Since there are so many agents available and willing to take up my listing – why not I
Personal accident vs life & medical insurance: What you need to know, Money News,Do you need both personal accident and medical insurance? What about life insurance? We know — it can get confusing! We help clear things up in this article. Here’s the problem with insurance: there’s a huge gap between
National Day Rally 2022: 5 key highlights that will impact the property market, Money News,The National Day Rally Speech for 2022, like the past two years, has kept a cautionary tone. There’s not much in the way of optimism right now, not with geopolitical tensions at an all-time high, and the world
Here's how to make an income as a mum influencer, Money News,If you follow Singaporean mums Clara Chan (@chanclaraa) and Sherlyn Chan (@sherlynchanwp) on Instagram, then you probably have a good idea of what it takes to be a mum influencer. These self-made working mothers built their brands thr
I got my finances reviewed to see if I can own a condo by the time I'm 30, Money News,When I was a child, my family ran into some financial difficulties, so money (or the lackthere of) was always a tense subject. Because I regularly worried about not having enough, I'd routinely collect co
4 common money mistakes to avoid during Covid-19 circuit breaker, Money News,There’s no denying that it can get difficult to stay rational, what with our normal social activities thrown off the radar. The truth is our circumstances aren’t normal either. But there’s no reason why we should let our se
17 investing lessons learnt from managing my family's portfolio for 10 years, Money News,Nine years, seven months and six days . This is how much time has passed since I started managing my family’s investment portfolio of US stocks on October 26, 2010. 19.5 per cent versus 12.7 per cent. These
New launches that dropped prices in 2013/2014: How are they faring now?, Money News,2013 was the peak of the last property market, with all the havoc that often implies. As cooling measures swept in, many developments – especially new launches at the time – took a nose dive. Now if you’re buying in
How much do you need to earn to buy a new or resale Executive Condo (EC)?, Money News,Thinking of upgrading from an HDB flat, but find that buying a condo is too expensive? Your best bet is to get an Executive Condo. A hybrid of public and private housing, Executive Condominiums (EC) come with condo
Singtel's annual profit plunges to decades low on Bharti Airtel charges, Money News,SINGAPORE – Singapore Telecommunications' annual net profit plummeted about 65 per cent to the lowest in more than two decades and it did not provide forecasts for the current year, citing uncertainty due t
3 strong Singapore stocks to consider buying right now, Money News,I hear you. With more than 700 stocks listed on the Singapore stock market, it would be difficult to pick out the crème de la crème. Also, due to the uncertainties brought about by the pandemic, you might still be freaked out to inve
23.8% senior citizens by 2030: How Singapore's ageing population will affect physical real estate, Money News,We recently came across this article in Straits Times with quite eye-opening statistics on Singapore's ageing population: The proportion of Singapore residents who are seniors is e
Are foreigners really the major cause of the rise in property prices in Singapore?, Money News,Whenever private home prices start to soar in Singapore, there's a tendency to look toward foreign buyers. We were, for instance, subject to a slew of news reports about Chinese buyers rushing into th
Top 5 hottest HDB towns by resale volume (Q1 2021), Money News,Resale flat prices are at an eight-year high; but market watchers saw it coming as early as October 2020. At the time, the volume of resale transactions were at the highest point since 2010; and the momentum doesn’t seem to be slowing. T
3 REITs that grew their dividends, Money News,The Covid-19 pandemic has caused significant turmoil for businesses. As you may be aware, REITs have not been spared, as tenants are now facing increasing difficulties in servicing their rental payments as demand for goods and services has all but dried
The no B.S. guide on how to increase your HDB BTO ballot chances, Money News,Been applying for HDB BTO flats but can’t seem to get any? I feel you, bruv. Even with the HDB BTO launch in August 2020 , which had a bumper total of 7,862 new units available. Everything was oversubscribed. Application ra
Best rewards credit cards in Singapore (2022): Citibank, OCBC and DBS, Money News,If you love collecting points and redeeming them, then a rewards credit card will give you some added life satisfaction. These days, there's a lot more in banks' rewards catalogues than boring old NTUC vouche
Interactive Brokers Singapore review (2021): IBKR commission fees & more, Money News,Sick of working from home for a boss who’s using the pandemic as an excuse to increase your workload? Investing your money wisely can be your first step towards financial freedom and firing your boss. But before you
3 findings from DBS' latest earnings update, Money News,Earnings season is coming around again. This time around, though, many companies have opted for voluntary disclosures and operational updates based on the new risk-based framework set out by the Singapore Exchange. The three big banks in S
How you can beat professional investors, Money News,It's only natural for us to believe that individual investors don't stand a chance against professional investors. After all, the pros have access to research capabilities, analytical support, and technology that individuals don't. B
HDB downpayment guide: How much do you need for BTO, resale & EC?, Money News,Balloting for a BTO flat used to be the standard procedure for first-time home owners in Singapore. But these days, many are considering resale flats and executive condominiums (ECs) too. That’s largely because of recent d
10 things I learned from The Little Book of Value Investing by Christopher H. Browne, Money News,When it comes to books on investing, The Little Book of Value Investing is often cited as a great introductory book for someone who's looking to learn more about the concept of fundamental analysis
Robo-advisor vs financial advisor: Which is better?, Money News,I started out as an investment and personal finance clutz when I first joined Seedly. But thankfully, with the guidance of the Seedly team and the help of some useful investment guides , I was able to kick start my investment journey du
Chinese investors snap up Hong Kong property as new security law deters foreigners, Money News,HONG KONG – Mainland Chinese investors are scouring Hong Kong’s commercial property market for bargains after prices plunged 30 per cent, signalling a new wave of demand following anti-government protests
4 things to do with your children's ang bao money, Money News,CNY is just round the corner and here are some ways you can make full use of the ang bao money that your child will be receiving. Time flies, especially after the pandemic year in 2020. In just less than a month, the much-awaited Chi
Top ways to go on your dream vacation for less, Money News,While exploring exotic locations and solo trips have risen dramatically in popularity in the past year, Singaporeans are notorious for neglecting their well-deserved vacation days. While there can be a number of reasons why this is the case,
Credit Suisse found guilty in cocaine cash laundering case, Money News,BELLINZONA, Switzerland — Credit Suisse was convicted by Switzerland's Federal Criminal Court on Monday (June 27) of failing to prevent money-laundering by a Bulgarian cocaine trafficking gang in the country's first cri
Best fixed deposit rates in Singapore (August 2022): DBS, UOB, OCBC and more, Money News,Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park your money wi
One Pearl Bank review: Impressive architecture, great location, but could be impractical for some, Money News,Our verdict 80 per cent Overall Rating CBD Fringe Units with Impressive Architecture One Pearl Bank is a modern remake of the iconic Pearl Bank Apartments which was first built in 1976. Its
Why learning economics might help us to become a better investor, Money News,Would understanding world phenomena help us to make better decisions, both for our future and in our stock investments? I definitely think so. And so recently I've been spending more time reading into other disciplines
4 financial platforms to help you manage your money from home, Money News,As technology continues to advance, a number of Fintech products and services have been disrupting the traditional finance and banking industry. These Fintech platforms offer users more options for investment and trading, as w
Understanding Goldman Sachs' role in the 1MDB mega scandal, Money News,KUALA LUMPUR – Goldman Sachs on Thursday (Oct 22) reached a deal to settle a probe into the bank's role in Malaysia's 1MDB corruption scandal, which included total penalties of nearly US$3 billion (S$4 billion). Th
Money Muse: Investing is actually easier than you think, says this man , Money News,Money Muse is AsiaOne's maiden series of profile interviews with financial and investment bloggers where we learn more about what they do, how they started writing, their motivations as well as lessons gleaned t
3 companies with red flags and how to react, Money News,Investors who have spent enough time in the stock market would know that investing is not smooth sailing all of the time. As investors, our job is to recognise when things go wrong and proceed to rectify the mistake if the situation calls for i
You can 'lose money' when decoupling to buy a second property. Here's why, Money News,Decoupling is a uniquely real estate buzzword, just like “sell one, buy two”. Although it’s often bandied about as a way to avoid paying the Additional Buyer’s Stamp Duty (ABSD) when buying a second
The cost guide you need for planning your wedding in 2022 and 2023, Money News,With the relaxation of Covid-19 measures in Singapore, things are going back to normal as clubbing and KTVs are finally allowed to operate! Not to mention that you are now able to host bigger weddings too. But…planning a
Is owning a second property in Singapore worth the cost?, Money News,Singapore is a country where home ownership is so celebrated that many of us don't want to just own one property. We love home ownership so much that we even want to own multiple properties. When you think of private property
Worried about your stocks? Here are 4 things you should watch, Money News,Earnings season is upon us again. What makes this session different is that most companies will be reporting on negative impacts arising from the Covid-19 pandemic. Numerous businesses are struggling to adapt to a new reality
Facebook to invest $1.3b in news industry after Australia row, Money News,Facebook Inc on Wednesday (Feb 24) pledged to invest at least $1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content.
Are home prices finally cooling again in 2021? , Money News,2021 has been a tough year for buyers; especially first-time home seekers. We’ve seen prices rise in almost every property segment, from resale flats to condos to landed homes. The end of Q2 2021, however, may give buyers a glimmer of hope
3 ways to help you own a slice of the Greater Southern Waterfront, Singapore's hippest new address, Money News,Singapore may be an island, but with much of our coastline reclaimed and used for major industries like shipping and building a financial hub, actual seafront homes are rare these days
Seaside Residences review: Stunning unblocked sea views with a lovely pool , Money News,What we like What we don't like Stunning unblocked sea views Car parks and lobby areas could be more premium in design The view from the pool is fantastic Traffic noises from ECP Close to future MRT Project:
As autos go electric, Toyota chases hydrogen dream, Money News,AsiaOne has launched EarthOne, a new section dedicated to environmental issues — because we love the planet and we believe science. Find articles like this there. TOKYO – As UN climate conference delegates considered how to save the plan
3 glaring mistakes you should avoid making when investing, Money News,As the great investor Warren Buffett once quipped — investing is easy, but not simple. You see, understanding the principles of investing isn’t tough, but putting it into action requires courage, fortitude and discipline. Prudent
Bob Iger steps aside as Disney CEO, Money News,SAN FRANCISCO – Walt Disney said on Tuesday (Feb 25) that chief Bob Iger was handing off the top executive post after building the media-entertainment powerhouse into the undisputed Hollywood leader. Disney's board named Bob Chapek, a 27-year veter
Cars in Singapore are invariably depreciating assets — but do we regain some ground when COE premiums skyrocket? , Money News,Over the past six months, becoming engulfed in fury appears to have become the default reaction to the LTA's fortnightly Wednesday-afternoon announcements. It's und
3 things to like about Ascendas REIT's new acquisitions, Money News,In its latest business update, Ascendas REIT reported that an increase in the supply of industrial spaces in Singapore might put downward pressure on rental rates. The REIT has already taken steps to mitigate that risk by annou
'Great Resignation' sees more companies offer equity to staff, Money News,Companies in North America and Europe plan to give more employees an equity stake in their businesses to help retain talent amid a pandemic-induced \”Great Resignation\”, a survey showed on Wednesday (April 27). Global
3 attractive dividend stocks you shouldn't miss, Money News,Many companies pay a dividend, but not all dividend companies are attractive to own. A great dividend stock is one that not only generates a decent dividend yield but is also able to sustain its dividend payments. Companies with certai
Binance to commit $1.37 billion for crypto recovery initiative, Money News,Cryptocurrency exchange Binance said on Thursday (Nov 24) it was committing US$1 billion (S$1.37 billion) to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector. The move c
What could you gain by re-ordering your finances?, Money News,It has been some time since I shared some personal finance thoughts but I was triggered by two events so I would like to share something and see if they manage to help you or your loved ones. How do you really convince yourself or get som
Is this boutique freehold property at East Coast a good buy?, Money News,Question 1 Hi Stacked, My agent is proactively promoting 77 @ East Coast. Could I have some unbiased views on this property? Looking at the 1+1 or 2 bedders. My agent cited a good location (was looking for East side!), high ren
Bitcoin eases from 18-month low as crypto market stabilises, Money News,LONDON/NEW YORK — Bitcoin recovered on Wednesday (June 15) after diving to an 18-month low, buoyed by the US Federal Reserve's tough stance on inflation even in the midst of a market meltdown this week after crypto lender C
Minimalism: Save money and simplify your life in Singapore, Money News,Minimalism is a small but growing movement in Singapore. Minimalists believe that reducing the amount of objects you own and only purchasing things you absolutely need is essential for living life to the fullest. Some prominent m
How to make better investing decisions, Money News,The excerpt below is from a recent blog post of Tim Ferris, an investor and author. It talks about how we can make better-quality decisions in life (emphasis his): \”How can we create an environment that fosters better, often non-obvious, decisions?\”
Covid-19's impact on the STI: How are Singapore stocks faring – and should you invest now?, Money News,The 1st quarter of 2020 was not so great for stocks as the severity of Covid-19 global spread became apparent. Actually, according to CNN, the Dow Jones Industrial Average (DJIA), which began
What you need to know about income investing, Money News,There are a few different investing styles that investors can adopt, and each has its own merits. However, the most important thing for us to do as an investor is to pick one that we feel most comfortable with. That’s how we can sleep soundly
Singapore mulls tightening cryptocurrency trading by retail investors, Money News,Singapore is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies at a time when they seem to be \”irrationally oblivious\” about the risks, its central ban
Here's what it's like to live in Skypark Residences at Sembawang, Money News,Situated in the northern region of Singapore, Skypark Residences takes pride in its approximately 1,250 square metres rooftop park – where this Executive Condominium actually got its name. Having TOP-ed in 2016, t
What are the best financial products for your 20s?, Money News,You're in an exciting part of your life if you are in your 20's. At this stage, you are finishing up your education, beginning your career and setting up plans for your future. On average, people in their 20's are just sta
Warren Buffett's 'stupidity' and the opportunity loss , Money News,Before all the Warren Buffett's fans out there start stoning me, these are Warren Buffett's own words pertaining to a particular loss opportunity: \”In the earlier years, it's very clear – the answer is s
CPF moves to make before 2020 ends: Enjoy tax relief and grow your retirement savings, Money News,2020 is ending. In exactly 11 days. Congratulations to all of us for making through this tumultuous year. As much as my year has been a mess, I decided to ensure that my financial health was not in a me
5 life lessons with Francesco Galli Zugaro, CEO of Aqua Expeditions, Money News,FINDING YOUR \”WHY\” I believe that knowing your \”Why\” is an essential first step in figuring out how to achieve the goals that excite you and create a life you love living. Once you know your \”Why\”, you'll have the c
Best credit card promotions (March 2021): Free Apple Watch, Nintendo Switch & more, Money News,I have to admit, I’m a complete sucker for credit card promotions. These days, even the best credit cards in Singapore compete so hard for new customers, they practically rain Apple Watches, Nintendo Switc
Car financing 101: Understanding loan eligibility, Money News,Unless you are really financially blessed, most of us tend to not have the liquid cash on hand to pay for our cars in full. Most of us turn to car loans to finance our wheels – now isn't a bad time to actually seek one too, as intere
Malaysia's national airline group offers early retirement scheme, Money News,KUALA LUMPUR – Malaysia Aviation Group (MAG), parent of national carrier Malaysia Airlines, has offered employees early retirement as the company continues negotiations with creditors and lessors, state news agency Ber
How much you need in your CPF Retirement Account at 65 to afford the average retiree's expenses with CPF LIFE payouts?, Money News,The majority of us know that CPF LIFE will provide a lifelong payout in our retirement. While this is assuring, the question is whether we will receive enough CPF L
REITs ETFs vs unit trusts vs Syfe REIT+: Which REITs investing method should beginners choose?, Money News,For beginner investors with dreams of owning property, investing in REITs is a way of investing in property without the actual hassle and paperwork of being a landlord. Additionally, the struct
China gaming giants Tencent, NetEase invest in foreign studios, Money News,HONG KONG/PARIS – Chinese gaming giants Tencent Holdings and NetEase have extended their investment in overseas studios, with the former to take a stake in Japan's FromSoftware and the latter acquiring French developer Q
Freehold doesn't always mean it's better: A case study of Jardin and Gardenvista, Money News,Let’s start with a scenario. Condo A – freehold, nearer to an MRT station, and new. Condo B – leasehold, further away from an MRT station, and six years older in age. Now, based on these characteri
Economists cut Singapore growth forecasts, raise inflation: Survey , Money News,Economists have cut growth forecasts and upped inflation expectations for Singapore, according to a central bank survey, published on Thursday (Sept 1), with a global slowdown seen as the biggest risk to the trade-sensit
6 REITs currently yielding more than 8%, Money News,The current environment of uncertainty, caused by the Covid-19 pandemic, has continued to depress valuations of many REITs. In return, distribution yields are elevated as investors fear the worst. We previously wrote about three REITs that had dist
4 things we can learn from the Singapore Government's response to the Covid-19 crisis and apply to our personal finances, Money News,Yesterday, Prime Minister Lee Hsien Loong gave his fourth national address regarding the Covid-19 situation and the extension and expansion of the already stringe
4 government land sales sites worth paying attention to in 2021, Money News,Tampines and Tanjong Katong rank high on the list of desirable residential areas; so we’re not surprised these two recent Government Land Sales (GLS) sites are drawing investors. This is on the back of two other GLS sites th
What can a debt collector in Singapore actually do?, Money News,Although debt collectors in Singapore follow a code of conduct, it's not the same as having an actual law. It helps to be aware of what debt collectors can or cannot do. In theory, the Credit Collection Association of Singapore (CC
10 things I learned from the 2020 Keppel Corporation AGM, Money News,Keppel Corporation is a Singaporean conglomerate which has several affiliated business segments that operate in the following industries (the segments' percentage contribution to the group's FY2019 revenue in brackets): I
Credit cards with the best dining perks, Money News,If there’s one thing Singaporeans can all agree on, it’s that we love dining out. According to the NEA, 85 per cent of Singapore residents eat out at least one a week, with roughly 10 per cent doing so every day. Depending on your dining preference
Ultimate guide to MediSave: What can I use it for and how much can I withdraw?, Money News,As we grow older, the need for medical care increases significantly. Most of us are aware of how much healthcare costs can add up, and the last thing we would wish to do is to dip into our life savings when me
Work perks, job title and other things to nego for in your job, apart from salary, Money News,It's no secret that the more value you bring to your company, the more things you can negotiate for apart from salary. And if you've been working for a few years now and are considerably experienc
2 stocks that are smashing new all-time highs this year, Money News,The Covid-19 pandemic has dealt a harsh blow to many businesses. Border closures, movement control orders and strict lockdowns have adversely impacted a wide range of industries . As a result, hotels, airlines, retail and food and b
Money confessions: Are joint savings accounts relationship wreckers or boosters?, Money News,Couples come forth and bare their thoughts on combining their money along with their lives. Many a quip have been made about marriage, or relationships in general, like ‘what’s yours is mine, what’s mine is
Older HDB flats don't depreciate as quickly as you think. Here's what the numbers show , Money News,Common wisdom holds that, because of their 99-year lease, older HDB flats should see a steeper depreciation than newer ones. For many homeowners, it’s a good reason to sell and upgrade early
Citigroup adjusts pay scale for women in Singapore, Money News,It's the latest move from the group to address gender pay inequality. Proving that they do indeed have 2020 vision, Citigroup Inc. has adjusted the pay in Singapore for women who earned less than their male counterparts for doing th
Have vintage watches held value amid the volatile market?, Money News,The world may be in the midst of a pandemic and some shops may be shuttered, but rare jewellery and timepieces are still clocking demand. To find out more about the world of investing in timepieces and watches, Rachel Kelly is joi
Best fuss-free savings accounts with no conditions in Singapore 2021, Money News,We’ve previously seen the best saving accounts for working adults. Most of them come with different requirements, including salary crediting or credit card spend. But what if you’re just looking for a zero-effort, fuss-
The last tranche of 'en-bloc fever' homes from 2017: Here's how they've performed so far, Money News,You may recall that a few weeks back, we mentioned there’s a chance of a new en-bloc surge in 202. This is because the last tranche of en-bloc purchases from 2017 will be complete
China Evergrande shares halted, set to release 'inside information', Money News,HONG KONG – China Evergrande Group shares have been suspended from trading on Monday (Jan 3) pending the release of \”inside information\”, the embattled property developer said without elaborating. Evergrande, t
World’s leading luxury brands suspend business in Russia, Money News,PARIS – The world’s leading luxury brands said on Friday (March 4) that they planned to temporarily close stores and pause business operations in Russia. Birkin bag maker Hermes and Cartier owner Richemont were the first firms to a
Can an old condo be a better investment?, Money News,“Lease decay” is the buzzword that never seems to go away. On the HDB end of things, it leads to constant complaints that you “don’t really own your flat”. In Singapore’s private property market, it leads to comments like “99-year lease and so old
Razer Fintech launches new Visa prepaid card: Are you '1337' enough for it?, Money News,Razer Fintech has partnered with Visa to launch the prepaid Razer Card, which literally lights up when you pay. How do its features and rewards compare to other cards on the market? Razer Fintech has ne
Financial advice from our parents we should stop listening to, Money News,Our parents have a huge influence on us in many aspects of our lives, including the way we view our finances. I’ve been lucky to have picked up valuable personal finance habits from my parents, many of which have shaped me int
Neo Group Limited – evaluating a food catering solutions company using 4 financial metrics, Money News,Article highlights FY2020 net profits up 21.2 per cent year-on-year due to adoption of SFRS(I) 16 Leases. Decent Return on Equity (ROE) over the past 4 years. High leverage ratio above 2 times may
14 current mega developments and how they've performed , Money News,Mega developments saw solid demand in the past two years, from Normanton Park to Parc Clematis and Treasure at Tampines. In fact, if you are looking to buy such a unit today, you’d find slim pickings as most of the mega develop
House hunting during Chinese New Year? Virtual viewings are the key, Money News,With Chinese New Year just around the corner, many people are looking forward to celebrating with family and friends. The festival marks the beginning of a new moon and new lunar calendar, and what better time to get int
Biggest winners and losers of the new property cooling measures , Money News,The much-anticipated property cooling measures have struck, as of Dec 16, 2021. As the smoke clears, it’s become apparent who comes out on top of this; and who ends up having to uh, “review” their real estate plans for the
5 facts you should know before making a fomo property purchase, Money News,Pasir Ris 8 seems to have kicked the proverbial hornet’s nest, with the developer raising prices on some units from $1,400 psf to around $2,000 psf. Now, we’re seeing a slew of text messages claiming that you’d “better buy no
URA launches residential sites at Jalan Tembusu and Lentor Hills Road for sale, Money News,URA announced on Thursday Sept 30 that they have launched residential sites at Jalan Tembusu and Lentor Hills Road (Parcels A and B) for sale. All three sites have a lease period of 99 years. Location Jalan Te
5 ways to get the highest credit score in Singapore, Money News,How is your credit score calculated? More importantly, how do you make sure that it's in the best shape possible? Not to mention, if you are looking for a career in finance, your credit score is now more important than ever. The Mo
First million-dollar flats sold in Bukit Batok and Marine Parade in July 2022, Money News,Two more HDB estates have joined the million-dollar HDB resale club in July. Earlier in July, it was reported that a 47-year-old HDB flat in Marine Parade was sold for $1.01 million, making it the first million
Upcoming Executive Condo sites in 2022 to 2024: Which EC should you go for?, Money News,Executive condominiums (ECs) are pretty popular right now, but there are not many unsold units in the market. Currently, new ECs that have been launched are: Ola, North Gaia, Parc Canberra, Parc Central Residence
How many foreigners are really buying properties in Singapore? , Money News,Back in the property heyday of 2013, foreigners were often denounced as the driving force behind inflation. But today, with Additional Buyers Stamp Duty (ABSD) for foreigners at 20 per cent, foreign ownerships are at a 17-ye
Why you will never buy a property when there is a market crash, Money News,The stock market is the only market where people run away when things are on sale. A seemingly innocent sentence, but perhaps none truer than what is happening in the markets right now. Stocks, crypto, the shocking implosion
From EC to District 10 condo: How a couple's property investment decision evolved, Money News,Would you pay off an Executive Condominium (EC) in full, or buy a District 10 condo on loan? They’re vastly different approaches to real estate, and you might think we’re talking about two different bu
August 2022 HDB BTO in-depth review: Jurong East (Jurong East Breeze), Money News,After covering both the Choa Chu Kang and Ang Mo Kio BTO projects for the upcoming August 2022 HDB BTO review, we'll be looking at the highly anticipated Jurong East launch. If you're a die-hard Jurong fanati
Reclusive Chinese tycoon is now Asia's richest person, Money News,BEIJING: Until recently, few people had heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water. But reclusive Zhong S
An open letter to new retail investors, Money News,2020 so far has not been smooth sailing. A virus epidemic that was initially predicted to stay confined to one continent became a global pandemic. Equity markets went into freefall, oil markets are experiencing never-seen-before plunges, and even th
Singapore sees 2022 GDP at lower end of forecasts amid war, supply chain woes, Money News,SINGAPORE – Singapore's economy expanded more than initially estimated in the first quarter but annual GDP will likely be in the lower half of the government's forecast range, officials said on Wednes
Dogecoin tumbles after Elon Musk calls it a 'hustle' on 'SNL' show, Money News,Dogecoin lost more than a third of its price on Sunday (May 9), after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot on the Saturday Night
5 ways to turn your home into cash, Money News,From renting out a spare room to taking out a home equity loan, you have a number of options in your arsenal to monetise your biggest asset. You may already know that your property is an asset in which you can tap into and raise a significant amount of
Is it too late to get health insurance for your ageing parents?, Money News,As some of our ageing parents like to grouse, you can afford to die, but you can’t afford to get sick in Singapore. Health insurance is an important part of making sure that doesn’t happen to us. While some of us are confide
Designs on Asia: Growing wealth in a garden at Citibank's largest Wealth Hub in Singapore, Money News,Money doesn’t grow on trees, so the old adage goes – yet Citibank’s latest wealth hub is making flora and fortunes flourish in tandem. The bank’s largest wealth advisory centre to date and its
Better buy: Singtel versus StarHub, Money News,Times have been tough for the telecommunication (telco) industry. The Covid-19 pandemic has resulted in lower usage of IDD and roaming calls, impacting revenue for the mobile segment. Cable TV is also under siege from on-demand content providers such as
3 cheap stocks that should be on your investment radar, Money News,Everyone loves a great bargain, and the same logic also applies when it comes to investments. The idea of paying sixty cents for something worth a dollar is inherently appealing. When stocks are trading at cheap valuations , you can
Grab raises $398m for financial services arm, Money News,SINGAPORE – South-east Asian ride-hailing and food delivery giant Grab said on Thursday (Jan 14) it has raised more than US$300 million (S$398 million) from investors led by South Korea's Hanwha Asset Management for its fast-growing finan
Facebook invests $68m to build the 'metaverse' in responsible manner, Money News,Facebook Inc will invest $50 million (S$68 million) to partner with organisations to responsibly build the so-called metaverse – a digital world where people can use different devices to move and communicate i
7 condos that may benefit from the upcoming Tavistock and Serangoon North MRT stations, Money News,Two MRT stations on the upcoming Cross Island Line (CRL) will start operations in Q2 this year (both contracts worth a combined $861 million). The Tavistock and Serangoon North MRT stations will solve
What is a debt consolidation plan and how does it work in Singapore?, Money News,It’s tough keeping up with overdue payments on a single credit card, but it gets even worse when you’ve fallen deeply in debt with several creditors. There are too many due dates and payments to keep track of, and the s
2020 financial goals for any age, Money News,Goal setting is an important step in the journey towards being financially secure. No matter what your age, a goal keeps you rooted and helps grow your income and solidify your retirement plans. You could, however, be clear of your goals but not quite kno
Smart thought of the week: Joblessness, Money News,If the astonishing rebound of stock markets is anything to go by, then it probably means that we are well on our way to a recovery. It is almost as though the pandemic had never happened. But we know only too well that the coronavirus is still among
Unaffordable homes in Singapore are causing the younger generation to rent – is this a good idea?, Money News,In a recent PropertyGuru survey, two-thirds of Singaporeans aged 22 to 29 said they’re renting because home ownership is still out of reach. Indeed, this is a trend that’s been noticed since
Why Facebook shareholders shouldn't panic, Money News,I woke up last Thursday to a rude surprise. My shares of Facebook had fallen 6 per cent in a single trading session, following the company's 2019 fourth-quarter earnings results. A big jump in expenses during the quarter was the culprit
Sembawang landed house sold at $5.7m, highest in D27 in two years, Money News,A detached house in Sembawang was just sold for $5.7 million. This marks the highest transaction for a landed house in D27 in the past two years. Located at Jalan Serengam in Sembawang Springs Estate , the 999-year corner
Guide to buying a property in Singapore as a single and an introvert, Money News,Buying property can be daunting, and more so if you’re single. And even more so if you’re an introvert. In my mid-30s, I felt it was time to take a deep breath and dive into the property market. The government even sign
Here's how health wellness is like financial wellness, Money News,Getting started with managing your finances can be rather daunting in the face of financial goals like buying your first house, clearing debt that has spiraled out of control, or simply getting into the habit of saving so you hav
3 situations a personal loan could save you from further debt, Money News,Unless you need money to urgently purchase a bazooka, before your home gets overrun by a gang of marauding zombies, do not take up a personal loan. Yes, you heard us right, don’t do it. Taking out a personal loan is almost nev
With rising interest rates, should you refinance your home loan now?, Money News,We’ve been enjoying ultra-low interest rates for the past few years on our home loans. But with the Fed increasing interest rates by 0.5 basis points on May 4, 2022, the biggest hike in two decades, mortgage advisors in
4 essential tips to get your home ready for sale in 2021, Money News,I have to be brutally honest here. Your home is not the only one in the market. There are plenty of choices available and buyers can be nitpick on the smallest of issues and walk away. I have seen this happen dozens of times throug
Should you buy an 'ulu' condo? Here's how it compares with the overall condo market, Money News,There are two schools of thought regarding condos in “ulu” or less accessible locations. The first are the buyers who shun them as bad decisions – to them, the inaccessibility means limited
This month's Singapore Savings Bonds: Interest rates and how to buy, Money News,The Singapore Savings Bonds (SSB) is one of the more common options for Singaporeans to invest their money in as it usually offers a higher return as compared to bank fixed deposits. It is also one of the easier way
You won't believe how these famous people started their careers, Money News,They say we all have to start somewhere, and that includes the likes of the world's biggest business moguls. From waiting tables to babysitting, we reveal how some of the world's biggest household names got th
Best credit cards and payment options for insurance premiums in Singapore 2021, Money News,I’m someone who enjoys stretching my dollars and making the most of my spending. I always try to go for the best savings accounts, opt for the cheapest mobile plan, and look for ways to get rewards for the bil
GrabPay expands Linked Bank Account feature with zero-cost top-ups to more banks, Money News,Grab’s wallet and payments service, GrabPay, is expanding its Linked Bank Account feature in Singapore. This feature lets users top up their GrabPay wallet with partnered banks at zero cost, and funds are tr
5 things I wish I knew about saving & investing while serving NS, Money News,Just the other day, I was having dinner with my cousin who is currently serving National Service (NS) as a National Service Full Time (NSF). At the dinner, I was happy to hear about his experiences and find out more about h
Top 6 myths about personal loans, busted, Money News,Think you know all about personal loans? We’re here to bust the top 6 personal loan myths! Personal loans get a bad rep. Tell people you have a mortgage and few will bat an eye – they might even congratulate you. But mention personal loans and the
Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets here, Money News,SINGAPORE – China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analy
A depreciation cost guide for first-time car owners, Money News,Buying your first car is certainly an exciting milestone. But before you actually become a proud car owner, it is important that you crunch those car depreciation numbers and figure out if the car you’re eyeing will lead to a huge loss
Signs that you're paying too much for your home, Money News,When it comes to your personal finances, there's nothing as frustrating as finding out that you're overpaying for something. This frustration can turn to serious worry if you're overpaying for something as significant as
A guide to investing in art and the best platforms to start with, Money News,Appreciating fine art might be difficult to wrap your head around, but it’s easier than ever before to invest in it. Here’s how you can get started, even on a budget. “Invest in what you know” is a rule of thumb that most i
Here are 4 things you need to know about using Alipay (overseas and locally), Money News,Before Alipay opened its online payment systems to foreigners in early November this year, there were more than 30 million people who visit China annually but struggle to find alternative cashless payment method
Nov 2020 BTO Tampines: Unit analysis for Tampines Green Emerald, Money News,Tampines GreenEmerald, launched last month in the Nov 2020 BTO sales exercise, joins one of the many BTOs in the area. Highlights include a less than 10-min walk from the Bedok Reservoir MRT station on the Downtown Line and
Liquor lovers, here are 3 ways you can invest in rare whisky, Money News,Play your cards right and the water of life will do more than just lubricate awkward social gatherings or provide you and your buddies with a memorable evening. Alternative investments have been picking up steam in recent years
An international property marketer shares how to start investing in overseas property, Money News,I clearly remember the first time I felt invigorated to become a landlord and it was when I came across Robert Kiyosaki’s book, Rich Dad Poor Dad. This was a long time back when I was still a student (S
L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest, Money News,SHANGHAI/HANGZHOU, – Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oreal (OREP.PA) and Nestle NESN.
4 dividend-paying stocks I never plan to sell, Money News,For investors, there are few things more satisfying than the sound of dividends dropping into your bank account. After all, who wouldn't enjoy sitting back while cash flows in? Income-seeking investors liken a dividend flow to a tap that
City Vue @ Henderson review: Amazing views with sheltered walkway to MRT station at premium prices, Money News,Project: City Vue Henderson HDB Town Bukit Merah Address: 95A-C, 96A-B Henderson Road No. of Units: 1,232 City Vue @ Henderson first gained a ton of public recognition when photos of its tr
Warren Buffett is selling. Should you sell too?, Money News,Last week, the newswires reported that Warren Buffett sold US$800 million (S$1.1 billion) in Apple shares in the fourth quarter last year. That is a huge sum of money. But context matters. While Buffett sold US$800 million in shares of the
People's Park Centre up for second en bloc at $1.8b, Money News,It looks like en bloc sales are heating up again, as People’s Park Centre goes on the market for a guide price of $1.8 billion. This is its second attempt at a collective sale, with a 33.3 per cent increase in the asking price. Its
Singapore announces new property cooling measures including higher ABSD rates – here's what you need to know, Money News,SINGAPORE – Spikes in private housing prices and Housing Board (HDB) resale flat prices in Singapore have prompted the authorities to introduce a new round of cooling measure
What to look out for at a resale HDB viewing: A step-by-step walkthrough, Money News,I know the pains of the first-time HDB homebuyer in Singapore. It’s true that information on resale flats can be a bit scant, and a lot of it comes down to legwork. But the bigger problem is really that you don’t kn
British crime agency recovers $90 million of suspect money in Barclays accounts, Money News,LONDON, Nov 25 – Britain's National Crime Agency (NCA) on Friday obtained a civil recovery order relating to nearly 54 million pounds (S$89.9 million) of suspected criminal property held in accounts with
MoneyOwl review: The robo advisor platform that is a social enterprise, Money News,It sounds a little scary, but MoneyOwl brands itself as “Singapore’s First Bionic Financial Advisor”. No, that doesn’t mean you’ll be served by cyborgs. It does mean, however, that you’ll be able to obtain financial a
3 ways to save up on all-time-high petrol costs in Singapore, Money News,2022 has not been favourable for vehicle owners; the supply shock from the Russian oil ban that has arisen from the escalating Russo-Ukrainian conflict and the restricted Chinese oil refinery market caused by local lockdowns, a
Money lessons from popular TV series such as Arrow and The Vampire Diaries, Money News,They didn't just teach us key life lessons. They also taught us some key financial lessons. From Supernatural to Arrow and One Tree Hill, here's a financial lesson each from eight of the best CW shows ti
Here's how to earn as much as $2,000 while staying at home, Money News,Singaporeans rejoiced when Phase 2 started earlier last week. While the economy is slowly re-opening, we are advised to remain socially responsible. For most people, telecommuting remains a norm as we continue our lives with
11 Telegram channels Singaporeans should be following for the latest in personal finance and investing, Money News,As a rising alternative to WhatsApp, Telegram boasts enhancements such as unlimited server storage, convenience, privacy (where phone numbers cannot be tracked in a group) and the capab
City Index review: CFD & FX online brokerage with wide market access, Money News,With 4,500 CFDs and 84 FX pairs, City Index should meet the needs of most CFD and FX traders. Founded in 1983 as the trading brand of the NYSE-listed GAIN Capital, City Index is a leading global CFD and FX broker. It is
Overview of Feb 2022 HDB BTO: Geylang, Kallang/Whampoa, Tengah and Yishun, Money News,Now that the Nov 2021 BTO exercise has ended, let’s take a look at the projects offered in the upcoming Feb 2022 BTO. For this launch, we’ll see around 3,930 units up for grabs in Geylang, Kallang/Whampoa, Tengah a
CHAS card: Is the updated green CHAS card worth getting?, Money News,First introduced in 2000, the CHAS card was meant to help the elderly and disabled with their healthcare costs. But over the years, the government, realising that we ALL need help, has tried to cover more Singaporeans with this hea
7 ways to avoid ABSD legally in Singapore, Money News,Remember back in the 1990s? Those were the days when Singapore property investors strutted around, explaining how every home they bought made the next home purchase even easier. The rent from one property paid for the next property, the rent from
5 ways to cope with financial setbacks hitting Singaporeans hard amid Covid-19, Money News,Death and taxes are the only certainties in life, they said. But if there's ever a third that comes close, it's financial setbacks. We would all hit a snag – both self-inflicted and cyclical – at som
10 Singapore blue chip stocks yielding more than 5%, Money News,The STI index is in the bear market territory (update: still feels like we are in one when every other markets has rallied) and naturally, one would expect most of the STI component stocks to be trading more than 20 per cent off their r
3 things you didn't know you could pay for with your CPF, Money News,For Singaporeans, getting part of their paycheck deducted into their CPF accounts is a ubiquitous part of life. However, these deductions can be used to pay for a variety of things, ranging from home purchases to medical care
Singapore's hot housing market faces risk of cooling curbs, Money News,Ishwinder Kaur and her husband spent more than two years looking to buy their first home in Singapore, hoping property prices would dip during the hunt. The couple finally bought their apartment in December after prices rose
Singapore parents' guide to understanding (and maximising) their child's edusave and PSEA, Money News,Raising a child can be expensive. To support parents with the cost of raising their child, and help each child fulfil their fullest potential, there are various government schemes to provi
Dollar-cost-averaging vs lump sum investing in Singapore: Which should you choose, Money News,Are you better off spreading your investment capital over the long term, or making that lump sum investment today? Here’s a look at these two investment strategies and how they can work in sync. Dollar-cost
8 million-dollar flats sold in Toa Payoh in August; 5-room flat sells for $1.35m, Money News,SINGAPORE – Prices for Housing Board resale flats rose for the 26th straight month in August, with 33 flats changing hands for at least $1 million. HDB resale flat prices are up by 10.8 per cent year on year
Is buying a BTO flat first a 'waste of time'?, Money News,If your property investment plan ends with “…and then my children will own 10 condos”, you probably grasp the idea of wealth progression in property assets (and if you don’t, there are several hundred YouTube ads that will force-fee
8 secret CPF hacks and tips that all Singaporeans need to know, Money News,CPF: The bedrock of the Singapore dream Most salaried employees in Singapore would have 37 per cent of their income going to their CPF accounts. When broken down, that’s 20 per cent contributed by yourself and 17 per cent fro
Miles all locked up from 2020? Why not give these rewards a shot?, Money News,2020 and 2021 have made flight redemptions all but impossible. Find out how you can put your hefty stash of bank points to better use and give yourself a well-deserved treat. If you can’t remember the last time you went on
The Wuhan coronavirus and its impact on the markets, Money News,US markets had its biggest drop since Oct as growing concerns over the corona virus hit investor sentiments. The disease has killed at least 82 people in China and infected more than 2,800 people around the world. Investors are starting
Why slow money is better than fast money, Money News,It's only February. When we rang in the new year, who could have predicted that the novel coronavirus would reach our shores. None of us knows how the stock market will look like in the coming weeks or months. In case you'd like to read
GrabPay wallet update: You can now make transfers to your bank account. Here's everything to know, Money News,At long last, GrabPay allows you to cash out your balance. How does this work, and what are the implications? While the widespread adoption of GrabPay and the introduction of the GrabPa
Tuas Power Supply review: Comparison of Tuas Power electricity plans and promotions, Money News,Now that the Open Electricity Market (OEM) has been rolled out, all households in Singapore can switch away from SP Group and choose their preferred electricity retailer. There are currently 12 electricit
5 things I learnt from the Buffett Partnership Letters, Money News,I revisited some of the annual letters Warren Buffett wrote when he was a fund manager some 50 years ago. Buffett's teachings then are still relevant today. Many people may not know this. Before Warren Buffett became CEO of Berk
Hin Leong Trading to be formally shut down, Money News,SINGAPORE – The High Court has given the green light for the winding up of Hin Leong Trading, marking the end of the road for the collapsed oil trading giant after nearly a year of restructuring. In a hearing on Monday morning (March 8) before H
6 ways Covid-19 construction delays can impact property buying decisions , Money News,Covid-19 has resulted in further delays to housing projects in Singapore. To date, about 43,000 homes will face delays of six to nine months, and that's only for the HDB housing segment. In the private sector,
Why you should not always buy cheap stocks, Money News,Everyone loves a great bargain. The Great Singapore Sale often causes a rush at the stores as people jostle with one another to lock in big discounts. The same logic applies to the stock market, too. When stock prices crash, investors will swoop
Elon Musk donated over $7.7b in Tesla shares to charity, Money News,SAN FRANCISCO – Tesla chief executive Elon Musk donated a total of 5,044,000 shares in the world's most valuable automaker to a charity from Nov. 19 to Nov. 29 last year, its filing with the US Securities and Exchange Commissio
Russia-Ukraine war: What should investors do?, Money News,On Thursday(Feb 24) morning, Russian President Vladimir Putin ordered a full-scale invasion of Ukraine. Make no mistake about it this is a catastrophe as war takes a horrible toll on people. The loss of lives and massive destruction trump any
6 reasons why Lentor Modern sold 84% of its units during launch, Money News,Despite rising interest rates and cooling measures, Lentor Modern had a phenomenal showing during its launch weekend: 508 units were sold, out of 605 units total (around 84 per cent sold out). It's quite the reception f
Are electric cars cheaper to insure compared to petrol cars in Singapore?, Money News,Electric cars are up and coming in Singapore. With the government announcing plans to stop the sale of internal combustion engine powered cars by 2040, along with better incentives over the years, we will slowly se
Upcoming EC, condo launches in 2020 to consider if you are planning for a new home, Money News,If you are planning for a new home with your other half, 2020 might just be the right time for you. Apart from the usual BTO launches, there are a slew of Executive Condominium (EC) and condominium (condo)
Dairy Farm Residences review: 84m infinity pool and 40,000 sq ft retail, Money News,Our verdict 75 per cent Overall Rating Affordable home with doorstep conveniences at Dairy Farm Dairy Farm Residences allows you to combine the convenience of a mall and the allure of peaceful surroundings. However,
How does the CPF retirement sum work and how much do you need?, Money News,Already counting down the days to retirement… when you’re only 25 years old? Late nights at the office and crazy bosses can do that to you. Every month, you see a large chunk of your earnings disappear into your CPF accounts.
Your step-by-step guide to making your CPF nomination online, Money News,As we mentioned previously, making a CPF nomination is important as it provides the CPF member with an option to specify who will receive their CPF savings (the nominee), and how much each nominee will receive, upon their demis
Making financial sense of Singapore Airlines' massive fundraising, Money News,Singapore Airlines (SGX: C6L) recently announced a massive round of fundraising. In all, Singapore's national carrier is looking to raise $15 billion. The first slice of the fundraising involves a $5.3 billion ri
CPF Matched Retirement Savings Scheme: Another way to top up your parents' CPF, Money News,Topping up your parents’ CPF Retirement Account has long been a way to offer financial support to family members. Now, you might be able to get money from the government when you do it. The CPF Matched Re
Raffles Medical Group: A Singapore stock to consider buying in November 2021, Money News,Private healthcare provider Raffles Medical Group Ltd saw its shares fall recently. Over the past five days, Raffles Medical’s share price has tumbled 11 per cent to $1.39 at the time of writing. However, I thin
7 rare townhouses in the west of Singapore for those looking for space and facilities, Money News,Given the interest in bigger living spaces we’ve seen since 2020, it seemed appropriate to do a series on townhouses in Singapore. I suppose as, like real landed houses, townhouses (and cluster houses)
Global crypto regulation body likely in next year, top official says, Money News,LONDON/HONG KONG – Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency rules, a senior watchdog official has said. Ashley Alder, Chair of the International
5 HR tech trends that are game changers for small businesses, Money News,Emerging HR technology has transformed the way that we hire and retain talent. The pandemic has brought to light the importance of mental health awareness and how it can impact the workplace. Additionally, we’ve seen the rise o
5 things MapleStory has taught me about money and investing, Money News,Ah yes, MapleStory… The good ol’ days of killing snails in Maple Island and shouting “S>18 ATT WG @@@@@@@@@@@” in the MapleStory Free Market. If this sounds familiar, you’re probably an old-school mapler (MapleStory player) like
Best fixed deposit rates in Singapore (Sept 2022) – DBS, UOB, OCBC and more, Money News,Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don’t need to do anything to earn this interest, just park your money wit
Around Pasir Ris: Landed houses by the beach under $2.9 million, Money News,When you watch property videos on YouTube or Netflix, beachfront houses are always portrayed as the creme de la creme in real estate. I’ve always thought that we’d already destroyed all the beautiful waterfront landed houses
Will my HDB flat be worth $0 when the lease expires? , Money News,Probably one of the biggest questions most HDB buyers have is: What happens when the 99-year lease is up? Does it just go down to zero? Or will you have an option of extending the lease? A recent discussion on Reddit focused on this v
10 best home insurance plans in Singapore for HDB and private property (2023), Money News,Your home is probably the most expensive thing you own right now. (Not to be presumptuous, but I'm assuming you don't have a $3 million supercar or yacht.) So it makes sense to protect it. And in this
OCBC personal loan review: Interest rates, approval times and loan amounts, Money News,Being in debt isn't fun, and you definitely shouldn't be taking out personal loans for fun. But in certain cases, it can be a smart financial move-when you're saddled with high interest debt like cr
I've lived at Pine Grove at Ulu Pandan for 20 years: Here's my review of what it's like to stay in a huge development, Money News,If you are less familiar with the Ulu Pandan area, Pine Grove may just appear to be an HDB on the outside rather than a condo. It’s exterior design is defi
Best debt consolidation plans in Singapore 2020, Money News,If you’re caught in a cycle of mounting interest charges and your total debt level keeps piling up, it’s time to consider a Debt Consolidation Plan (DCP). Debt Consolidation Plans are a government-approved scheme offered by banks that combi
What is SGFindex, and should you bother setting it up? , Money News,The glory days of high-interest savings accounts are over, and we're left weeping over the ravages of our rapidly depreciating cash savings. The good news is that the DBS Multiplier Account has just added SGFindex as a way to e
Disney unveils first new cruise ship in a decade, dips toe into metaverse, Money News,PORT CANAVERAL, Florida — Chief Executive Bob Chapek introduced Walt Disney Co's first new cruise ship in a decade on Wednesday (June 29), the culmination of the first project the former theme parks executive
10 investments you can make with your Supplementary Retirement Scheme (SRS) Account, Money News,This article was first published on Dec 26, 2018 and was updated to include additional information. Started in 2001, the Supplementary Retirement Scheme (SRS) is a voluntary initiative that forms part of
Past your mid-40s and buying a property? Here are 5 things you must know , Money News,Perhaps you’re starting your homeownership journey late; or you’ve reached that stage in life where you’re ready to upgrade (or maybe even downgrade). Whatever the case, buying homes when you’re older takes a whole
Trump-tied stocks jump as former president launches 2024 White House bid, Money News,Shares of companies tied to former US President Donald Trump reversed course to fall on Wednesday (Nov 16), following a recent rally in the run-up to him launching a bid to regain the presidency in 2024. Trump made
Best alternatives to Savings Accounts in Singapore (2020), Money News,Ever since banks started reducing their deposit interest rates, we’ve started seeing a slew of non-traditional alternatives to savings accounts. Some popular ones you might have heard of are the Singlife Account, Dash EasyEarn, Et
The fascinating facts behind Warren Buffett's best investment, Money News,The Washington Post Company is one of the best – if not the best – investment that Warren Buffett has made in percentage terms. What can we learn from it? One of the best returns – maybe even the best – that Warren Buffet
Welcome to the club: Tampines sees first million-dollar resale flat, Money News,What do the likes of Pasir Ris, Marine Parade and Tampines have in common? They are mature estates that have joined the million-dollar Housing and Development Board (HDB) resale club this year – the latter is the latest
'Rare opportunity': 2-storey terrace house near River Valley Road up for offer at $7 million, Money News,Ever wondered what the interior of a $7 million house looks like? Well, here's your chance to take a look inside one of Singapore's multimillion-dollar properties — this one l
A value investor's guide to 'exploiting' the Singapore Savings Bond, Money News,‘You can park your money in Singapore Savings Bonds!’ I am sure you’ve heard something like that before. As investors, we want to keep a war chest of cash that’s ready to be deployed in the stock market wh
Are executive condominiums a better investment now with the new cooling measures?, Money News,Executive Condominiums (ECs) are more in demand than ever, given peak home prices in 2022. We’re expecting at least four EC launches before the year is out, and a big question now is how they’re impacted by
A comprehensive guide to the types of investments available in Singapore, Money News,Confused about investing? The world of investing can be scary, with so many technical jargons that can make your head spin. From exchange-traded funds (ETFs) and options to stocks and bonds, there is a huge selectio
When should you consider using a home equity loan?, Money News,You’ve seen the ads, or maybe had it suggested by a mortgage banker or two: take out a home equity loan, and you could be sitting on a six-digit pile of cash a few months later. Sounds too good to be true? It depends – home equity loans
Better buy: CapitaLand Mall Trust vs Frasers Centrepoint Trust, Money News,Singapore is well known as a shoppers’ paradise. Family outings at malls are a common weekend activity, and the island is dotted with malls of all shapes and sizes for the discerning consumer to choose from. That is also why
Rent analysis: Punggol tops list, with highest rise in median rent across HDB flat types, Money News,Singapore's rental market is on a tear, particularly in the 3rd quarter of 2022, which is no understatement. The signs have been there since 2020 when Covid-19 circuit-breaker, home-based school
6 ways you can (legally) reduce your income tax for YA 2021, Money News,This article was first published on Dec 17, 2018 and updated for YA2021. As the year draws to an end, it also means the window for reducing your tax bill for the Year of Assessment 2021 (YA 2021) is closing. This is because the
Musk sells Tesla shares worth S$5.5 billion, says no more sales planned, Money News,Tesla Inc Chief Executive Officer Elon Musk sold $4 billion (S$5.5 billion) worth of shares in the electric vehicle maker, US securities filings showed on Thursday (April 28), in sales likely aimed at helping finance
Non-Fungible Tokens (NFT): What they are and how people are making money off them, Money News,Bitcoin, schmitcoin. NFTs are the new hotness in the digital asset space, with investors taking serious notice since the start of 2021. Here’s the lowdown on what they are and how people are making money of
Most popular types of investment in Singapore (and how to get the most out of them), Money News,We know by now that simply relying on our monthly salary isn't going to put us on the fast track to retirement or keep up with inflation (last we checked, core inflation is 4.8 per cent!). Investing
4 serious consequences of skipping loan payments, Money News,If you take a loan, it should always be one you are in a position to repay. Defaulting on your loan may seem like an easy way out, but it can create problems that will plague you for years to come. Secured vs unsecured loans You can get bo
3 key points from SPH REIT's full-year 2020 earnings report, Money News,The year 2020 has been a horrid one thus far for retail real estate investment trusts ( REITs ), with the Covid-19 pandemic forcing shutdowns and movement restrictions that have stretched many retailers financially. Retail
Latest petrol prices in Singapore and all the petrol credit card discounts, Money News,Getting a car in Singapore is really complicated because of the 101 things to consider (mostly costs) that help you decide if you really need and can afford a car. Let’s be honest, you’ll first need to understand
Want to buy a HDB on a long remaining lease? 7 MOP-ed resale HDBs to consider in 2022, Money News,Are you on the lookout for a new home in 2022? Consider an HDB resale flat with a long remaining lease that has just hit its Minimum Occupation Period (MOP). Keen? Well, here are 7 resale HDBs that are
A beginner's guide to HDB loans (property cooling measures update), Money News,If you’re buying an HDB flat in Singapore, you often have the option of taking an HDB concessionary loan, better known as an HDB loan. Before you apply for an HDB loan, read our ultimate guide to everything you need
6 fatal life insurance mistakes that you could already be making, Money News,Life insurance is a complicated but important kind of insurance coverage. It mainly consists of two types — whole life and term life. Unlike other insurance plans, life insurance pays out only after the covered policyholder
Can Singapore Airlines survive the Covid-19 crisis?, Money News,It has been a scary two weeks. Especially for airline operators. Not only has the Covid-19 virus outbreak shown no signs of easing, but countries such as Italy, Spain, the UK and US are now seeing huge spikes in infection rates and deat
3 reasons why REITs can grow your wealth, Money News,Many years ago, a young friend of mine steadfastly refused to invest in REITs . His logic was that REITs should be relegated to the preserve of older, income-focused investors who desire dividend income. Being younger, his attention was fixated on
59.5% feel property prices are out of their range: Survey, Money News,99.co's Consumer Sentiments Study polled 790 respondents across various demographics to find out how people feel about the local property scene and what they think is worth the money and consideration when deciding to purchas
How well do you really know your mortgage agreement?, Money News,Most of us skip reading the terms and conditions of our mortgage. However, as housing loans account for More families could face difficulty with home loan payments though overall household debt fell: MAS in Singapore, it's importa
ThaiBev's $13.6b IPO of its brewery business. Is it a good deal? , Money News,Last week, Bloomberg published a report which says that Thai Beverage is considering an initial public offering of its brewery business in what could be the biggest listing in Singapore in close to a decade. The compa
Step-by-step guide to stock investing in Singapore, Money News,When you’re ready to start investing, the stock market can be a natural first place you turn to. Most Singaporeans, even if they never invested before, know about the stock market, or more specifically, the Singapore Exchange (SGX). The
How many stocks should you own?, Money News,One of the age-old questions in investing is how widely should we diversify. Unfortunately, it seems that even the best investors can’t seem to agree on this. Legendary investor Charlie Munger is famous for being a supporter of a concentrated portfolio. He
Housing types in Singapore: A comprehensive guide, Money News,Dwellings here, Dwellings there, Dwellings everywhere The jigsaw puzzle that is the Singaporean real estate market can be divided up, labeled, categorised, and sliced into various forms and types of housing types – or, dwellings. To make
3 money lessons to take away from the Covid-19 pandemic, Money News,The Covid-19 outbreak has greatly devastated careers and finances, what with the unprecedented number of people having lost their jobs, and businesses, forced to shut. And while these unnerving times might have made you reconsider y
Bedok's first million-dollar flat snapped up in a month, Money News,With an asking price of over $1 million for a HDB flat, it would have been understandable for prospective buyers to pause for thought before committing to such a purchase. But one month was all it took for a jumbo flat in Bedok
5 sea view condos you can own for under $1.5m (Q3 2020), Money News,Multiple viewings later, none of the condos you’ve seen excite you. There’s just something… drab about them. It’s a common phenomenon, and we know a possible cure: Try viewing a condo with a sea view instead. This is one of the most
World's biggest wealth fund puts Japan's Kirin Holdings on watch list over Myanmar link, Money News,OSLO – The Norwegian central bank said on Wednesday (March 3) it had put Japan’s Kirin Holdings Ltd Co on a watch list for possible exclusion from its $1.3 trillion (S$1.7 trillion) sovereig
River Peaks’ 4.6 oversubscription for 4-room flats shows Singaporeans are accepting of 10-year MOP, Money News,After day one of HDB’s BTO November 2021 launch, 4-room flats at Rochor’s River Peaks I and II have registered an application rate of 4.6. That’s 3,158 applicants for 680 4-room flats (so f
Elon Musk scores hat trick of Tesla compensation goals worth $31 billion, Money News,With Tesla's strong quarterly report on Wednesday (April 20), Chief Executive Elon Musk has scored a hat trick of performance goals worth a combined $23 billion (S$31 billion) in new compensation. The world
McNair Towers review: A conveniently located HDB in a quiet part of Boon Keng, Money News,McNair Towers is a recently-MOPed HDB located along the quiet McNair Road, adjacent to Towner Road in the Boon Keng Area. And if you’ve been following our reviews so far, you could very well guess how close it
Close to 14-year high: Singapore core inflation rises 5.3% in September, Money News,SINGAPORE — Consumer prices in Singapore continued to climb and reached a fresh 14-year high in September, on the back of higher costs of food, services and other goods. Core inflation, which excludes costs of privat
How much can you save over a month when you buy house brands at supermarkets?, Money News,When it comes to house brands, we previously we found out that the price differences do not necessarily vary as much even though these house brand products were initially introduced as a cheaper alternative to
Hit by commodity defaults, banks in Singapore develop digital trade registry, Money News,SINGAPORE – Some of the world’s biggest banks in commodity trade finance are creating a digital trade finance registry in Singapore to reduce risk of trade fraud and boost transparency after losing billions of d
Chuan Park up for collective sale for the fourth time, Money News,After the previous round of treaty negotiations fell through, private condo Chuan Park is attempting another round of collective sale. Although it managed to secure the green light from more than 80 per cent of its owners in October 2
Prime resale freehold condos cheaper than new 99-year suburban condos – too good to be true?, Money News,The year is 2017, the market is on a bit of a slowdown and you decide this is the right time to buy an investment property. You have always been a bit of a traditionalist, and you subscribe to th
Can resale condominiums maintain their momentum for the rest of 2021?, Money News,First-time buyers and upgraders were hit by more bad news, for end-June 2021. It was expected that a return to Phase Two (Heightened Alert) might cool prices a bit, and buyers aiming at the resale market were hoping ne
How investors can gain insights from 52 week low stocks, Money News,A stock near its 52-week low means that it is trading near the lowest price within a one year period based on the daily closing price for the security. Many value investors tend to show increased interest in 52-week low stocks becau
Declaring and paying alcohol duty: When and how you should do it, Money News,Most Singaporeans purchase alcohol at the Duty-Free Shop (DFS) to make the most of their duty-free alcohol allowance. That's because it is cheap– buying alcohol at DFS allows you to save up to about 2 times the price
OCBC 365 Credit Card review: An all-rounded cashback credit card, Money News,The OCBC 365 Credit Card is really boring, which is precisely why it is such a great all-round cashback credit card for anyone and everyone who spends on “the usual stuff”. The bonus cash rebates literally cover all ground
Can we expect Cash Over Valuation to keep climbing for HDB flats?, Money News,Late last year, property agents already alerted us to the issue of rising Cash Over Valuation (COV) in resale flat transactions. As of last week, news reports seem to affirm that COV is, indeed, creeping its way back into
Moving from a public rental flat to home ownership is not easy. Here's what it takes, Money News,In his recent National Day rally speech, Prime Minister Lee Hsien Loong highlighted the increased number of people moving into public rental flats. While the number was highest in the Malay communit
Les Maisons Nassim penthouse sold for $75m, possibly the most expensive apartment ever sold in Singapore, Money News,Someone has paid more than James Dyson to buy a penthouse in Singapore, making it the most expensive in Singapore. According to Business Times, a penthouse unit at Les Maisons Nassim
5 reasons why digital angbaos are the way to go this Chinese New Year, Money News,E-angbaos: Staying safe and winning free money? Count us in. With PM Lee endorsing digital angbaos with conviction — putting it out there that the process is ‘simple and fast’ no less — that’s reason enough for you to
Estate planning checklist: 7 important things to settle before you die, Money News,Not a lot of people like to think about dying, let alone plan for your death. But that’s exactly what estate planning is. It might seem morbid to make preparations while you’re still very much alive. But planning what
5-room HDB loft flat in Punggol snapped up for $970k, Money News,SINGAPORE – A five-room Housing Board loft unit in Treelodge @ Punggol changed hands for $970,000 last month, the sixth flat in Punggol that has fetched more than $900,000 since 2019. However, while million-dollar HDB resale deals now
All the hidden (and not-so-hidden fees) to know about when investing in stocks, Money News,From commission fees to custodian fees and GST, what other costs do you have to consider when making trades on the stock market? Here’s a look at the brokerage fees and market-level fees that you could incur.
6 most cost-effective ways to get Apple's iPhone 12, Money News,Earlier this month, Apple unveiled the iPhone 12 — which comes in 4 models: iPhone 12 mini, iPhone 12, iPhone 12 Pro and iPhone 12 Pro Max — along with new updates such as 5G connectivity, a faster processor, improved Night Mode, a
Revlon files for bankruptcy, blames supply chain snags, Money News,Cosmetics maker Revlon Inc has filed for bankruptcy, falling victim to global supply chain disruptions that pushed up raw material costs and prompted vendors to demand upfront payments. Known for its nail polishes and lipsticks, the
The other owners agreed to an en-bloc right after I moved in: Now what?, Money News,You could see from the dated exterior that the condo was old. Perhaps your property agent, or even the mortgage banker, made a face when they saw the remaining lease. But whatever the case, the old property was perfe
2 easy ways to save on your daily groceries and essentials, Money News,There is no doubt that consumer prices have been on the rise in Singapore. In fact, our core inflation increased at an all-time high rate of 2.4 per cent in January this year. You might have noticed that the prices of essential g
$6.84b property stamp duty collected in 2021 amid red-hot property market, Money News,Given the red hot property market last year, $6.84 billion in property stamp duty was collected in 2021. This is more than twice the stamp duty collected in 2020, and 67.7 per cent higher than what was collected pr
May 2022 HDB BTO stack analysis: Bukit Merah, Queenstown, Toa Payoh, Yishun and Jurong West, Money News,The thing about going for a BTO flat is that since the flats aren't built yet, you won't be able to see the exact locations of the flats. (This is unlike opting for a resale flat, whereb
Going for gold: How to invest in this commodity, Money News,With the worsening of bilateral ties between China and US, anaemic tech sector growth, a looming recession casting its pall over the global economy and record-high inflation around the world, there is now a greater need to find safe-haven a
Coronavirus: SIA expects full-year net loss for first time in its history, Money News,SINGAPORE – Singapore Airlines (SIA) expects to make a full-year net loss for the first time in its history as the coronavirus continues to hammer the global aviation sector. The SIA Group, which comprises national
The underrated advantage of paying your home loan in cash, Money News,Paying in cash when you can use CPF? There must be a method to this madness. And indeed, there’s a small demographic of home buyers who service that monthly loan out of their own pocket – even if they could tap the forced savings
The ultimate compilation of rental rates in Singapore: Which area is the cheapest?, Money News,Singaporeans are generally optimistic when it comes to investing in a property (until the property cooling measures). While Singapore may be an affordable place to live in if we omit the cost of housing an
Lentor Central, Lentor Gardens and Lentor Hills Road (Parcel B) released in 1H2022 GLS land sale, Money News,Three residential sites at Lentor – Lentor Central, Lentor Gardens and Lentor Hills Road (Parcel B) – have been released for application today by the Urban Redevelopment Authority (URA). The
GameStop CEO forfeits over 587,000 shares worth over $131m for not meeting targets , Money News,GameStop Corp Chief Executive Officer George Sherman has forfeited more than 587,000 shares as he failed to meet his performance targets, according to a regulatory filing on Wednesday (April 14). The forf
How TikTok may change property searches for some millennial and gen-alpha homeowners, Money News,In March 2021, real-estate agent Rochelle Atlas Maize was tasked to sell a 6,300-sqft house in Santa Monica, California for US$5.3m (S$7.2 million). She decided to put it up on TikTok and within two week
Median monthly income by occupation in Singapore: Here is what people in these roles are earning, Money News,Wondering how your monthly salary compares against that of your peers? Me too. Previously, we dived into the median salary in Singapore (news flash: It’s $4,680 as of 2021) as well as the med
Are BTOs still as profitable today? Here's how BTO profits have changed since 2002, Money News,It is a commonly debated topic: Should BTO flat owners be allowed to profit? Or should public housing be kept strictly as a way to house Singaporeans – and not as an “investment” vehicle. For better o
Cryptoverse: Ether holds its breath for the lean, mean 'merge', Money News,Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. That's the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects ar
HDB BTO launches in 2021: Bidadari, Queenstown, Geylang and more, Money News,SINGAPORE – About 17,000 Build-To-Order (BTO) flats will be launched in 2021, keeping the supply of new flats in line with what was launched this year. However, given the economic uncertainty due to Covid-19, the Housing Bo
Best supplementary credit cards to gift your partner or kids, Money News,Which 6 credit cards make for the best supplementary cards, and why. What are supplementary credit cards and how do they work? Supplementary credit cards allow credit card account holders to share credit card benefits and perks
Grab shares crash as revenue plunges on promotions, driver incentives, Money News,Shares in Grab Holdings Ltd tumbled 37 per cent on Thursday (March 3) after Southeast Asia's no. 1 ride-hailing and food delivery firm posted a wider quarterly loss and a worse-than-expected drop in revenue, hit b
Coronavirus: Burberry says bug hurting luxury demand, Money News,LONDON (REUTERS) – Burberry said the outbreak of the coronavirus was hitting luxury demand in China and Hong Kong, both important markets for the British fashion brand, sending its shares lower for a second day in a row. The label said
Guide to CPF housing grants for HDB BTO and resale flats, Money News,Thinking of buying your first property? You’re probably looking at an HDB flat and are wondering how in the world are you going to afford something that expensive. Thankfully, there are various HDB grants aka CPF housing grants whi
OCBC dividends: Everything you should know, Money News,Oversea-Chinese Banking Corp Limited is another popular dividend stock among Singapore investors. Right now, let’s look into the Singapore bank’s dividend yield, dividend history, and more importantly… … its dividend sustainability to understand
Guide to Investment-Linked Policies (ILP): What you need to know, Money News,A polarising life insurance plan that bundles insurance coverage with investment returns – we dissect investment-linked policies to see if such two-in-ones are good additions to your portfolio. What is an investment-linked
What is In-Principle approval for home loan and why you should get it before making an offer to purchase a property, Money News,Buying a property can be both an exciting but stressful experience. On one hand, viewing properties and visualising how you can transform each property into your dream home
5 condos with the best rental yield and lowest maintenance fees, Money News,You’ve bought your first condo unit for rental income, and all the numbers seem in order – you have your tenant, they’re paying the utilities, and the property taxes are more than covered. Then three months in, the maintenan
A first-time homebuyer's journey: My personal review of 3 resale condos at Pasir Panjang and tips , Money News,My last article ended with me concluding that our next home would most likely be a resale condo. As my mother and I want to remain in a familiar area, we decided to concentrate our sea
A surprising lack of bids for Bukit Timah and Hillview GLS sites: Are developers less confident?, Money News,The bids for two land plots at Bukit Timah and Hillview were a surprise to market watchers this week. These mid-sized plots in proven areas were expected to draw substantial developer attenti
Money talks: I'm a 27-year-old researcher who only shops when there are sales, Money News,Ever wondered what your salary and shopping habits are like in comparison to your peers? Money Talks is a new column by CLEO that takes an honest look at how young Millennial and Gen Z women spend their mo
4 tips for university graduates to clear tuition fee loans quickly, Money News,University tuition fees in Singapore aren’t exactly cheap, costing several thousands per year at least. Starting your young adult life under a debt of tens of thousands of dollars can be worrisome, and it’s understandable
What is the Annual Value of a property and how do I check mine?, Money News,The Annual Value of your property helps the government decide the wealth of a household. Based on this and other criteria such as assessable income, the government decides how much it should give and take from us folks. Exam
Point-of-sale? Unposted? What do all these terms in your bank statement actually mean?, Money News,At this point in your life, you might have received more bank statements than you think you'd like. At times, you wonder, \”What's the point?\” But when-touch wood-something goes amiss, you
CIMB World Mastercard review 2021: Unlimited cashback of up to 2% but there's a catch, Money News,Cashback credit cards are some of the most worthwhile cards to sign up for because they’re essentially giving you free money. Seeing as even McDonald’s charges for sauce these days, we’ll take what
5 well-known Singapore stocks I'd avoid in 2021, Money News,We recently featured several Singapore-listed companies to consider buying for the new year . They were hand-picked from a universe of stocks listed here and in the US as they have certain characteristics that I like. Flipping that log
Singapore's Pine Labs acquires Malaysia-based e-commerce platform Fave in $60m deal, Money News,KUALA LUMPUR – Singapore-incorporated merchant commerce platform Pine Labs has acquired e-commerce and fintech firm Fave in a cash and equity deal valued at over $45 million (S$60.3 million), for joi
The average Singaporean spends $1,000 per holiday. Here's a smart way to invest that amount , Money News,According to a survey conducted by online shopping and discount service website Picodi with 22,000 respondents, Singaporeans are the seventh biggest holiday spenders in the world, spending o
Biggest winners and losers of the latest cooling measures in 2022: How does this affect you?, Money News,With tighter loan limits and a 15-month wait for some for resale flats, the latest round of cooling measures is poised to shake up the property market. In these volatile and uncertain times, we’d
What will a US-Iran war do to stock markets?, Money News,News broke early yesterday that Iran has fired missiles at US troops stationed in Iraq, in retaliation for the death of a top Iranian general at the hands of the US military. Could Iran's latest move escalate into a full-blown war between
The ultimate family abode: Inside a freehold bungalow at Frankel Estate that's going for $28 million, Money News,For most millennials, moving out of mum and dad's place is seen as a rite of passage. But for those who prefer to live closer to your loved ones, this bungalow in Siglap has bee
How to start managing and investing your money, Money News,When I was 18, I made my first investment in the stock market. My uncle had opened a brokerage account for me and smirked, “Go ahead and play the market, this will be the best present anyone can give you.” “Ha,” I thought to myself, “We are
MAS eases rules on loan repayments: Will this affect our local banks?, Money News,Last week, the Monetary Authority of Singapore (MAS) and the financial industry released a raft of new measures aimed at relieving the financial burden for those struggling from the pandemic. The main gist behind this
Temasek portfolio surges to record high, Singapore replaces China as top investment destination, Money News,SINGAPORE – Singapore replaced China as the top investment destination for Temasek in its last financial year, when the value of its net portfolio rose above $400 billion for the first time de
Pros and cons of keeping your savings in your CPF special account, Money News,You may have heard about a Singaporean who accumulated a million dollars in CPF savings. Is it possible and what do you need to do if this amount is going to form the bulk of your retirement savings? What is CPF? CPF stand
The ultimate guide: Starting salary for fresh university graduates 2022 edition, Money News,Although the Covid-19 pandemic, which wreaked havoc on fresh university graduates' employment prospects in 2020 and 2021, has not been eliminated – things are looking up for the class of 2021. This is ac
3 tourism companies that may bounce back once the pandemic ends, Money News,Of the many industries that have been adversely impacted by the Covid-19 pandemic, one of the worst-hit has got to be tourism. The tourism industry had, in recent years, been booming due to higher disposable incomes and the
9 almost-effortless ways to save more money, Money News,With the economy slowing down, it’s important that we be extra careful with our spending. While you might not be feeling the full financial impact of Covid-19 just yet, it’s prudent to re-look your finances and start making savings where you ca
Loyal DBS/POSB customers: Which credit card should you add to your wallet?, Money News,The largest bank in Singapore, DBS was named the ‘World’s Best Bank’ in 2019. If you’re a loyal DBS/POSB customer and have no plans to switch banks, here are the credit cards worth your salt. As the economy grappl
All the new launch condo updates for 2021, Money News,It’s still early days in 2021, but it doesn’t look as if the property train will be slowing down much (we’ve detailed it more here ). 2020 has ended with private residential prices rising by 2.2per cent for the whole of 2020 , which while it is l
What is co-pay and how does that improve your health insurance?, Money News,With healthcare costs increasing steadily, it's understandable that both the cost of healthcare as well as health insurance are an increasing concern for everyone. One method to manage the costs of health insurance is c
Understanding personal loans: When should you use it? , Money News,Despite popular belief, personal loans are not just for emergencies meant as a last resort. In fact, with appropriate use, they can help you navigate many a gnarly financial situations. Here are the top six reasons to apply for a per
17 cheapest BTO flats that will MOP in 2022 and approximate prices nearby, Money News,The resale flat market is booming in 2022, with prices rising for 19 consecutive months as of end-January. But just because there’s a surge in demand, that doesn’t mean every buyer will settle for any old flat (and
Is the HDB BTO system still relevant? 8 outdated property practices that need to change in Singapore, Money News,We have seen perhaps more change in our real estate industry over the past decade, than in the past 30 or 40 years. From higher stamp duties, to a transformed resale flat market, there is
What's the difference between MediSave and MediShield Life: A 2-minute explainer, Money News,They sound the same, but their medical benefits aren’t. Wonder no more with these six key differences between Medisave and Medishield Life. Despite the extensive coverage regularly given to government p
5 overlooked credit card traps you may be falling into, Money News,Credit cards offer a great way to earn rewards and bonuses from nearly all kinds of spending, from shopping sprees to buying groceries and even booking your next vacation. While the benefits are undeniable, it's important to und
A list of 50 trendy walk-up apartments for alternative home buys, Money News,Walk-up apartments are getting increasingly popular right now, with larger condos being too pricey. It’s usually quite a niche choice, as they are a lot older in age and typically do not come with any facilities, to begin w
Best credit card promotions: DBS, UOB, Citibank, OCBC (November 2022), Money News,I have to admit, I absolutely love credit card promotions. These days, banks offering the best credit cards in Singapore compete so hard for new customers that they practically rain Apple products, staycations, cold ha
Emergency fund: How to build it the less painful way and where to keep it, Money News,Rule number one: An emergency fund must be available yet difficult to access. Learn how and where to build up your stash. An emergency fund is ideally six months’ worth of income that you leave untouched until life
2 stocks that are poised to do well despite the lockdowns, Money News,Covid-19 has changed how we live and commute. Unprecedented lockdowns across the world have severely restricted people's freedom of movement. These drastic measures have been implemented to stop the spread of the coronavirus.
Why are private home sales and HDB prices rising despite the recession?, Money News,From all the property news you’ve read, you might be inclined to think real estate is pandemic proof. As of August, new private home sales in Singapore are up for a fourth straight month – according to URA data, 1,30
ECs nearing 5-year MOP or 10-year privatisation: Eligibility, price and should you buy?, Money News,If you're in the market for an executive condominium, but unable to apply for one at launch, it could be due to several reasons. Usually, it's tied to your citizenship status, age or househo
Southeast Asia's Grab considering US IPO this year: Sources, Money News,SINGAPORE – Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told Reute
5 common financing issues for HDB upgraders and how to solve them, Money News,Ever since 2019, HDB upgraders have made up the bulk of private home buyers. A combination of rising demand, with record-high resale flat prices, has further made the past two years seem like an ideal time for those seekin
5 fast-selling new launches that were surprisingly unprofitable later , Money News,Nothing charges up a condo show flat like a \”selling fast\” sign, or hyped-up news of how it sold out over a weekend. But as we're about to see, not every condo that had a great launch ended up performing well. Be
MTR Corporation: Are long-term prospects at risk due to the Hong Kong protests?, Money News,Listed on the Hong Kong Stock Exchange since Oct 2000, MTR Corporation Ltd is a transport conglomerate that owns and operates Hong Kong's rail system comprising 10 railway lines serving Hong Kong Island,
SATS just reported its first quarterly loss ever: What's next for the stock?, Money News,Sats Ltd reported its first-ever quarterly loss since its listing back in May 2000. As a leading provider of food solutions, Sats provides airline catering and operates central food kitchens for food servic
Singapore blue-chip REITs latest earnings: What investors should know, Money News,The latest earnings from Singapore REITs are coming in thick and fast. Since the current financial reporting season started on July 1, a number of REITs have reported their earnings. Here, let’s look at the latest fina
We test out a new tool that tells you what your HDB flat is worth – here's how it works, Money News,It’s the most common query anyone has when it comes to buying an HDB – how much is the flat worth? Naturally, that’s a tough question to answer. While the majority of HDB flats do have the same l
Kan cheong about job security? 94% of employed Singaporeans are too, Money News,In the aftermath of Covid-19, unemployment has become a bigger possibility than ever. According to a YouGov survey published last month, 26 per cent of Singaporean employees currently experience job insecurity (aka the f
How much in GST vouchers (Cash, U-Save, MediSave) will I be receiving in 2021?, Money News,For Budget 2021, the Government announced an additional $200 GST Voucher -Cash and 50 per cent GST Voucher – U-Save. These are Special Payments that are on top of the regular GST Vouchers that you would be rec
Binance to stop Singapore users buying or trading crypto on main platform, Money News,HONG KONG – Binance, one of the world's largest cryptocurrency exchanges, said on Monday (Sept 27) that users in Singapore would no longer be allowed buy and trade cryptocurrencies on its main platform, to com
Balance transfer vs personal loan: Which is better for you?, Money News,Which is better for paying off debt: A balance transfer or a personal loan? Fortune is not always in your favour, no matter how hard you plan. Sometimes, you find yourself facing a growing credit card balance or a need for a qui
Covid-19: What has happened, where do we go from here?, Money News,You may call it a new world order if you wish, but the reality is that we are living in a world that is radically different from what we experienced just last year. The culprit, of course, is a microscopic virus known as Covid-19. Wh
Are investors overlooking Singapore's Straits Times Index?, Money News,The price chart comparison of the US’ S&P 500 index versus Singapore’s Straits Times Index (STI) says it all. Over the past five years, the S&P 500 index (as represented by the green line) has increased by 51 per cen
Insurance guide: What insurance should your elderly loved ones have in place as they age?, Money News,Trying to take account of insurance policies for your loved ones might have left you lost in the sea of wordy papers, confusing numbers, and forgotten login details. While we aren’t exactly able to
How did the crypto Terra UST and Luna coin crash happen?, Money News,Alongside futures and options, crypto has always instrumentally been one of the most volatile asset classes on any investment portfolio. Recently, a huge splash had rocked (and flipped over) many boats in the crypto market: the Ter
How hot is the Singapore property market in 2021?, Money News,You might have seen the various headlines of how hot the Singapore property market is. The weird confluence of factors like a pandemic, construction delays, and the realisation that a bigger home is necessary in the new normal of WFH (wor
3 ways to save money on your life insurance, Money News,There's more to saving money on life insurance than annual discounts or seasonal promotions. In fact, one of the most effective ways to reduce your life insurance premium is by leading a life that reduces your chances of actually needing t
Court says Musk recklessly tweeted that 'funding secured' for taking Tesla private, Money News,SAN FRANCISCO – A court said that Elon Musk's 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying \”there was nothing concrete\” about financing from
4 US stocks that have grown their dividends over the last decade, Money News,It may be hard to believe, but there are companies out there that have managed to grow their dividends for over a decade. For a company to do so, it has to be profitable over a long period of time. That’s easier said than d
Are shoebox units a good retirement option? Here are the pros and cons, Money News,To most Singaporeans, the term shoebox unit or compact unit is synonymous with property investment. Indeed, renting out a one-bedder is how many landlords get started on their property portfolio. What’s less commonly
Microsoft to gobble up Activision in $93 billion metaverse bet, Money News,Microsoft Corp is buying Call of Duty maker Activision Blizzard for US$68.7 billion (S$93.2 billion) in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future. The deal
Here’s what you should know about HDB’s upcoming open booking of flats, Money News,Didn't manage to get a good queue number from the past HDB BTO or Sale of Balance Flats (SBF) exercises? Here's another chance to buy subsidised housing directly from the HDB, via the open booking of flats e
Here's where you can find the biggest 5-room HDB flat in all 26 estates , Money News,By now it’s no secret that HDB flats have shrunk over the years. In fact, the size difference between a 4-room unit built in the 1980’s (average of 1,130 sq. ft.) is not far off from a 5-room unit today (averag
Grab in talks with Prudential, AIA for fintech investment: Sources, Money News,SINGAPORE – Southeast Asia’s Grab is in advanced talks with Prudential PLC, AIA Group Ltd and others as it seeks $300 million to $500 million in investment for its financial services unit, people with direct knowledge of
5 of the best things you could do with your investment dividends, Money News,Dividend investing is an excellent way to create an additional income stream and diversify your portfolio. Your next challenge: you now need to determine where your newfound income will be channeled towards. Crafting the id
5 things you should know about SIA's latest earnings, Money News,It has been an extremely tough period for airlines all over the world. The Covid-19 pandemic has curtailed air travel as countries erect travel bans and implement border closures. Singapore Airlines Limited (SGX: C6L), or SIA, is
3 stocks smart investors should include in their portfolios, Money News,When it comes to investing, working hard is not enough, you need to work smart. Smart investing not just in identifying great businesses, but also in having the right temperament to ensure long-term success in growing your wealt
EC vs resale flat: How much more can you end up paying?, Money News,Google ECs versus resale flats, and you’ll encounter any number of sites warning you that resale flats have poor appreciation compared to executive condos. This is actually true. We’ve said in previous articles that, for over almost
Alibaba overhauls e-commerce businesses, appoints new CFO, Money News,Alibaba Group Holding Ltd said on Monday (Dec 6) it was reorganising its international and domestic e-commerce businesses and would appoint a new chief financial officer. The changes come as Alibaba faces headwinds on multiple fro
Demand for prime-location BTO in Kallang/Whampoa at 16:1, Money News,SINGAPORE – The second Build-To-Order (BTO) project under the prime location public housing (PLH) model proved to be popular among home buyers, despite the strict buying and selling conditions, as all units have been oversubscribed
US sues to stop Facebook from buying Temasek-backed VR firm Within, Money News,WASHINGTON – The US Federal Trade Commission sought a court order on Wednesday (July 27) to block Facebook parent Meta Platforms from buying virtual reality (VR) content maker Within Unlimited. The FTC, in a request filed
New Toa Payoh, Bishan BTO flats oversubscribed by multiple folds, Money News,SINGAPORE – Undeterred by the high price tag, home seekers rushed for the five-room Build-To-Order (BTO) flats in Toa Payoh (Bidadari) – the most expensive units in the November sales launch. As at 5pm on Monday (Nov 23), t
Banks just released their new fixed interest rate home loan packages. What does this mean for you as a homeowner?, Money News,3.5 per cent and 3.85 per cent. Nope, these are not your next 4D numbers, but rather some of the latest fixed interest rate home loan packages from DBS, OCBC, UOB and HSBC. F
Netflix explores investing in live sports, bids for streaming rights: WSJ, Money News,Netflix Inc is exploring investments in live sports broadcasting and has recently bid for the streaming rights for sports leagues, the Wall Street Journal (WSJ) reported on Tuesday (Nov 8), citing people familiar w
3 things you need to know about Mapletree commercial trust before you buy, Money News,If you ever wanted to own a piece of a popular waterfront mall, look no further than Mapletree Commercial Trust or MCT. The REIT owns a portfolio of retail and commercial properties, including VivoCity, Mapletree B
OCBC, UOB report strong profit growth, loan losses decline, Money News,SINGAPORE – Singapore lenders Oversea-Chinese Banking Corp (OCBC.SI) and United Overseas Bank (UOBH.SI) beat quarterly profit estimates on Wednesday (Aug 4), driven by recovery in their core markets and lower provisions for loan
Pssst… Here are 6 things your real estate agent might not be telling you, Money News,From previously-unheard-of million-dollar HDB flats in heartland estates like Yishun to a record-breaking $200,000 rental for a Good Class Bungalow in Queen Astrid Park, there's little denying that Singapore&#x
3 things you must do if you're cash-strapped but want insurance coverage, Money News,If you just graduated and have entered the workforce, you may be wondering about getting insurance coverage. However, insurance can be costly and with so many plans on the market, getting a plan (or several) on
Bitcoin climbs towards all-time high after topping $25k, Money News,LONDON – Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 (S$ 25,500) for the first time in nearly three years. The world’s most popular cryptocurrency was last up 4.8 per cent at $19,225, jus
9 low-cost methods to retain tenants during Covid-19, Money News,The mental image that Singaporeans have of landlords is all wrong. If you’re like most people who have a second property to rent out, you’ll know what we mean: everyone visualises you as a towkay who can sit back and just let the money
Banks vs mortgage brokers: Which one should I use to refinance my home loan in Singapore?, Money News,If only shopping for a home loan was as fun as shopping for bags — or video games or a smartphone. Finding those discounts and getting a great deal is worth a few hours, right? But hunting for the r
Uber: Value stock or value trap?, Money News,Uber Technologies, Inc was once the most anticipated public listing of 2019. But since its initial public offering (IPO) last April, the ride-hailing giant has been a major letdown, with shares trading some 30 per cent below its IPO price. With that in mi
What's the difference between HDB loft units and executive maisonettes?, Money News,If you’ve been keeping up with property news, you may have heard that several HDB loft units were recently sold at record-breaking prices . A few were sold for over a million dollars, which is more expensive tha
Marketplace bug sees at least $1.3 million worth of NFTs sold below market price, Money News,LONDON – A bug in the largest NFT marketplace, OpenSea, allowed attackers to purchase at least $1 million (S$1.3 million) worth of NFTs across multiple different wallets for significantly below market price,
Rogue employee or Goldman scapegoat? Ex-banker's 1MDB corruption trial to kick off, Money News,NEW YORK – A former Goldman Sachs banker charged with helping to embezzle hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund will go on trial in the United States next wee
Nearly million-dollar 4-room HDB flats: Which are getting close?, Money News,The proliferation of million-dollar flats in the past decade is nothing short of incredible. Keep in mind that the first million-dollar flat, at Mei Ling Street in Queenstown, was only in 2012; and it was an eye-opener at t
Jack Dorsey chases crypto, fintech dream post Twitter, Money News,NEW YORK – At a packed Miami conference in June, Mr Jack Dorsey mused in front of thousands of attendees about where his real passion lay: \”If I weren't at Square or Twitter, I'd be working on Bitcoin.\” On Monday (Nov 29), M
US financial regulator to be questioned over FTX collapse by lawmakers, Money News,A leading US financial regulator is set to be grilled by lawmakers on Thursday (Dec 1) about the spectacular collapse of cryptocurrency exchange FTX and whether authorities could have done more to prevent it. In the f
AMC, BlackBerry shares jump as Reddit rally powers on, Money News,Shares of \”meme stocks\” AMC Entertainment and BlackBerry Ltd jumped in early deals on Thursday (June 3), extending a red-hot rally driven by small-time investors on online trading platforms. AMC's stock was last up 14.5 per cent
Incomes of Singapore residents rise above pre-Covid-19 levels, Money News,SINGAPORE – The incomes of Singapore residents rose above pre-Covid-19 levels this year, rebounding from last year when it took a hit for the first time in 16 years because of the pandemic. The nominal median income of residen
We pick out top 10 BTO projects that will MOP in 2022 , Money News,With the demand for ready-to-move-in homes during these pandemic times, many have been looking forward to 2022, where there’s a total of 36 BTO estates that will have reached the much-awaited MOP status. We recently compiled the full
How bad is the price gap between resale HDB flats and private condos in 2022?, Money News,While we’ve seen a record number of million-dollar flats, private home prices have also reached new peaks in 2022. In a recent news report, OrangeTee has even stated that new suburban condos now cost 53.6 per c
How to dodge Grab's newly announced $1 fee on GrabPay top-ups, Money News,From June 1, 2021, Grab will charge a $1 processing fee on all GrabPay wallet top-ups made with Visa credit cards. Does it really matter, and how can you avoid it? Grab recently announced that effective June 1, 2021, a $1
Singapore's GIC says global recession scenario possible, eyes Australia opportunities, Money News,SYDNEY – Singapore sovereign wealth fund GIC, one of the world's biggest investors, said it is factoring in the potential for a global recession and was prepared to stress-test its portfolio i
How much must you earn to pay off your property by 50?, Money News,Here’s a thought that will make any Singaporean heart turn cold: working past 50 to pay off a housing mortgage. Could you really still be attending 10am presentations, and typing mind-numbing reports in your mid-50’s, all because of
$340k for an apartment? Here are 6 surprisingly affordable homes you can find in old shopping malls, Money News,While we’ve yet to see the results from Lentor Modern, we’ve seen from the sales figures of integrated projects like Piccadilly Grand and Pasir Ris 8 that Singaporean’s just love their con
Singapore-based crypto hedge fund Three Arrows Capital has entered liquidation, source says, Money News,LONDON — Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday (June 29), in the latest sign of the market downturn hurt
Malaysia digital banking lures dozens of firms as fintechs expand in Asia, Money News,SINGAPORE – Southeast Asian ride-hailing-to-fintech group Grab and budget airline AirAsia were among more than a dozen bidders involving over 50 companies that are vying for digital banking licences in Malaysia, pe
Here's how you can sell your insurance policy in Singapore, Money News,You were probably told to buy insurance policies, but did you know that you can also sell insurance policies? Understandably, certain situations that arise may cause you to consider terminating your insurance policy. For exa
Why you should top up $1 to your Supplementary Retirement Scheme (SRS) account today, Money News,You’ve probably read or heard this piece of advice many times in the SeedlyCommunity or among your savvier circle of friends. “Top up $1 to your Supplementary Retirement Scheme (SRS) account to lock-in y
Landlords and tenants take note: Here's how Singapore's rental market has changed in 2021, Money News,2020 and 2021 have been some of the most unusual years in Singapore’s history. The combination of Work From Home arrangements, to the impact of the Circuit Breaker, have sent many scrambli
How can the Workfare Income Supplement (WIS) Scheme help me build my CPF savings?, Money News,The Government has rolled out several initiatives in a bid to keep its citizens afloat during this economic crisis. We’ve seen four different budgets rolled out in a span of a few months last year ( Unity B
Should you invest in a condo's commercial space? , Money News,With new cooling measures in place, some property investors are now considering alternatives – and one that feels close to home is commercial spaces inside condos. It’s not uncommon for many developments to have minimarts, clinics, c
What the latest US Fed rate hike means for Singapore, Money News,Federal Reserve chairman Jerome Powell signals his aim to crush inflation by raising interest rates for the third time in a row this year. This increase by 75 basis points augurs even more aggressive hikes ahead than investors had expe
Does your teenager really need a credit card?, Money News,Whether you’re thinking about issuing a supplementary card or applying for a student credit card, letting your teenager have their first credit card is certainly safer than carrying cash. On the other hand, leaving a credit card in the hands
2020's first REIT IPO: 3 important aspects of Elite Commercial REIT, Money News,Many Singaporean investors love having income from their stocks. In fact, it's no secret that many investors hold a portfolio of income stocks that provide steady dividend payments. Over the years, real estate
Best financial resources for single mothers in Singapore, Money News,Key highlights Single mothers can save on various pregnancy costs (including pre-delivery expenses) through the Medisave Maternity Package The government matches every single dollar a parent puts into a Child Development Account (C
Property agent as a career: We find out how much you have to spend before you can start earning, Money News,There are people who will look towards being a property agent due to the perks that entail. Some may be enticed by the flexible working hours, while others may simply want to be their own boss
HDB BTO launches in 2020 (for Aug and Nov), Money News,Get ready, because new HDB BTO launches are coming! This time, 8 projects, an estimated 7,820 new units, spread over 11 locations across Singapore will be up for sale in Aug 2020. The launch in August will feature 8 projects, namely Choa Chu Kan
Why are Singapore property prices returning to pre-Covid-19 levels so quickly? , Money News,There’s been some recent buzz over a report by Colliers, predicting a return to pre-Covid-19 levels for Singapore property. Before we get too excited, this isn’t specific to Singapore’s residential property s
GrabGCB: Anthony Tan's family splashes $40m out on new bungalow near Holland Village, Money News,If you know about the property market, you don't need reminding that the Good Class Bungalow (GCB) is the rarest housing one can get in Singapore. Unsurprisingly, that brings with it a hefty fe
FTX former CEO Sam Bankman-Fried's Bahamas penthouse on sale for $54m, Money News,Crypto exchange FTX International, its affiliates like FTX US and its trading firm, Alameda Research, have been in the news over the past few weeks. Founded in 2019, FTX was a leading cryptocurrency exchange besid
Musk's pay trial asks if Tesla's growth justifies $77 billion compensation, Money News,WILMINGTON, Del. – After five days of testimony, including three hours from Elon Musk, a Delaware judge will now decide whether Musk's $56 billion (S$77 billion) pay package from Tesla Inc was justi
Zoom forecasts upbeat revenue, expects boost from hybrid work, Money News,BENGALURU – Zoom Video Communications on Tuesday (June 1) forecast current-quarter revenue above estimates, as increased adoption of hybrid work models by companies is expected to drive steady demand for its video conferencing
Getting your groceries from JB: How much can I really save?, Money News,It has been a long time since we last stepped foot across the causeway. Who knew that we would ever miss the snaking queues at the customs, or long waits in the car just to get past the gantries? Bittersweet memories. Occasional
China fund managers embrace robots as competition intensifies, Money News,Chinese fund managers, grappling with a rapidly-growing list of publicly-traded securities and mountains of data, are rapidly embracing machine learning and other types of artificial intelligence (AI) to boost efficiency and b
What is risk adjusted return?, Money News,Many of us who have been actively managing our investments wants to know how well we've performed and if our investment returns are worth our time and effort. Knowing whether you've been doing a good job can be a challenge for some investors. It&#x
What are the fees you need to pay (besides the home loan) before selling your HDB flat?, Money News,You have completed the five-year Minimum Occupation Period (MOP), and your growing family is itching to move into a larger home. You have made up your mind — you are going to sell your current HDB fla
3 pandemic-resistant stocks for your watchlist, Money News,Businesses around the world are facing tremendous stress as countries curb travel, close their borders and shutter their factories. As such, it's probably fair to say that few businesses remain unscathed. These companies may be in indus
Singapore CBD Grade A office rents may rise twice as quickly in 2022, say real estate experts, Money News,Overall demand for Grade A office space in the Central Business District (CBD) could outpace supply next year and thus fuel rental growth that is at least double the 4.2 per cent increase in 202
You would need to shell out the dough for these hobbies, Money News,Think your weekly pilates class costs a lot? Think again as we reveal which hobbies really are breaking the bank. SKIING Skiing is one of those things that you either love or hate and if you love it, you had better dig deep into tha
Netflix names Microsoft as partner for ad-supported subscription plan, Money News,Netflix Inc said on Wednesday (July 13) it has selected Microsoft Corp as technology and sales partner for its planned ad-supported subscription offering, as the streaming giant looks to plug slowing subscriber growth
1 key ratio to check before you buy your next dividend stock, Money News,Investors in Singapore have a huge benefit from untaxed dividends. That makes our local stock market one of the best places to build a portfolio of dividend-paying stocks. However, not every stock is worthy of your investment d
Money Talks: I am a 28-year-old who earns up to 5 figures a month, Money News,Ever wondered what your salary and shopping habits are like in comparison to your peers? Money Talks is a new column by CLEO that takes an honest look at how young Millennial and Gen Z women spend their money. In today’s c
Salary guide for nurses in Singapore (2022), Money News,It's important to know your labour rights especially in a sector as critical and important as healthcare. If you're a nurse or you're looking to get started with a career in healthcare, check out our salary guide for nurses in Si
Best credit card hacks to go with your choice of 'buy now, pay later' service, Money News,While Buy Now, Pay Later (BNPL) services aren’t for everyone, savvy consumers can use them to maximise their credit card rewards. Here’s how. If you’ve been shopping online or in-store lately, you may
Some investors are crisis-buying properties. Should you?, Money News,How does a pandemic like Covid-19 affect property sales in Singapore? Joe Tng, ERA Executive Group Division Director: There will be a knee-jerk reaction initially. The majority of buyers will likely wait to see how Covid-19 pans ou
3 awful consequences of trying to invest your CPF money, Money News,You can’t touch your CPF money, so might as well try to invest it, right? Wrong. Here are three consequences of investing with your CPF savings. From Oct 2018 to Sept 2019, only 46 per cent of people who invested their CPF Ordinary
4 simple ways to know if you're overspending every month, Money News,It’s not impossible to get out of the paycheck to paycheck cycle. But it’s not always easy either. Once you figure out how much you’re spending, or overspending, it’ll be much easier to escape the reality of living from payche
Can SATS Ltd survive the Covid-19 crisis?, Money News,Covid-19 continues to spread like wildfire throughout the globe, infecting close to 370,000 and killing 16,000 as at the time of writing. In response, countries are imposing draconian travel restrictions to contain the pandemic's spread. The
What to look for in an older condo before you buy, Money News,New launch condos have a lot of psychological appeal, until you hear the horror stories – like Laurel Tree and Sycamore Tree condos going unfinished , or the $32 million lawsuit over defects at The Seaview. [embed]https://www.facebook.com
Best USD fixed deposits: A comparison of interest rates (July 2021), Money News,Not sure whether you should put your American dollar into a foreign currency fixed deposit in 2021? We’ve collated a list of the USD time deposit interest rates of the major banks so you won’t need to. Whether you’re sav
Tips and tricks on managing your finances as a university student in Singapore, Money News,How to plan your finances when university is starting soon Stepping into university marks a crucial milestone in one's financial journey. There are no fixed timetables, no assigned time slots for recess,
4 reasons why non-mature HDB flats are more attractive today: Will we be seeing more million-dollar flats in those estates?, Money News,It was once assumed that million-dollar flats were a phenomenon in the oldest mature towns only. But with prices rising for 26 straight months, many Singaporeans ma
Why you should never follow famous investors blindly, Money News,Financial markets all over the world have been in a state of turmoil in recent weeks because of the Covid-19 crisis. In uncertain times like these, you may look up to famous investors to emulate their actions. That's understandabl
What causes share prices to increase?, Money News,Share price appreciation and dividends are the primary drivers of returns for shareholders. In an earlier article, I discussed how stock prices are a function of future cash flows to the investor. In much the same light, investors sometimes value sto
Are HDB upgraders over-leveraging in today's hot property market? , Money News,According to JLL, the number of HDB upgraders moving to condos is currently up over 21 per cent from last year. The idea of a condo-buying spree, in the midst of a pandemic, seems worrying; and perhaps it should, giv
How to go green on a budget – and save $500/month, Money News,It is time to flick the “green switch” and take small steps to tackle climate change. To help promote eco-friendly living, Singapore has doubled down on its '30 by 30' goal, an initiative to produce 30 per cent of the country&#x
A bite-sized financial guide to children's dental hygiene, Money News,A trip to the dentist can easily amount to hundreds of dollars per visit . This is why maintaining your child’s dental hygiene from a young age is a necessary step to prevent hefty dental costs in the future. If you’re wonder
Money Muse: They gave up careers as a doctor and an engineer to educate investors, Money News,Money Muse is AsiaOne's maiden series of profile interviews with financial and investment bloggers where we learn more about what they do, how they started writing, their motivations as well as lessons
Your savings account sucks, here are some that don't – 2020 edition, Money News,Believe it or not, masses of Singaporeans are still using a POSB savings account and “enjoying” the standard POSB interest rates of 0.05 per cent p.a. on their hard-earned savings. You know what? That’s equivalent t
10 free property research tools to boost your chances of buying the right property, Money News,For such a small country, Singapore sure has a lot of property options and nuances – which can certainly be overwhelming for new home buyers and first-time investors. It doesn’t help that you can sometimes
Money confessions: I bought more than $700k in critical illness coverage while in my 30s — here's why, Money News,My name is Tan Shereen and I’m a headhunter in the financial sector. Despite being in my thirties, I’ve invested heavily in my critical illness coverage. Many may find it perplexing
32-year-old man snags 5-room Bishan flat for $1.07m, Money News,It took just three days, after viewing what would be his future home, for Wong Jing Yean, 32, to place a bid of $1.07 million — the highest bid for the Bishan HDB flat — on April 7. The unit is one of the 480 in Natura Loft, a Design, B
4 ways to grow your savings fast, Money News,While it's great to have a savings account, it's not news that typical savings account interest rates are quite low, making it tough to make a considerable return by just having your money lie there. Whether you have a lot of savings or not too
Ultimate list of 75 mixed-use developments: Where to find them and prices, Money News,Unless you absolutely love peace and quiet, most people prioritise convenience pretty highly on their must-have list. And while you may point out that it is really easy today to order food and groceries over delive
Option To Purchase: 5 things you might not know about (but really should), Money News,The Option To Purchase (OTP) is not something we think about often; at least until something goes wrong. Then we’re making sobbing noises, begging for our lost deposit, and fuming about “how the stupid thing can wo
When should you actually sell your stocks?, Money News,There’s a famous maxim in the investing world that goes like this: “Buying is easy, selling is hard.” We can spend weeks and months analysing a company . But when the company’s shares crash for temporary reasons, we might panic-sell in an instan
Citibank launches Citi Plus: What is it and who is it for?, Money News,To cater to the younger generation with their banking needs, Citibank Singapore has launched Citi Plus, its first digital wealth solution that extends from its Win in Wealth strategy. With this one-stop solution catered to the gr
The differences between bank account types you need to know, Money News,Not all bank accounts are made equal. We keep hearing about how bank accounts are “all the same”, but it’s not true. There are significant differences between bank accounts, and it’s important to pick the one that serves your pu
Samsung Electronics names Jay Y. Lee executive chairman, Money News,SEOUL – Samsung Electronics' de facto leader Jay Y. Lee was named executive chairman on Thursday (Oct 27), a symbolic move confirming that South Korea's most valuable company will be officially run by the third generation
5 tips for saving your child's future university tuition fees, Money News,At the end of the education rat race, all Singaporean parents hope that their child eventually does well enough to get into a good university and enrol in a course that ensures a decent future. To that end, parents are wi
Living on a top-floor unit: 5 potential issues that you hardly hear about, Money News,Many of us dream of living on the top floor, waking up to unblocked views every day. Given where they’re situated, these units also tend to be more breezy, bright and feel more spacious due to the higher ceiling he
3 key things to take note for dividend stocks, Money News,In Singapore, many of us dream of being financially free and the ability to retire with a stable, passive income. Investing in dividend-paying stocks has become one of the popular ways to achieve this goal. Imagine receiving a regular dividen
4 nostalgia-inducing en bloc exercises, Money News,With Singapore being a forward-looking city, the one constant you can count on is its ever-changing, ever-evolving facade. This city moves in an unceasing flux of facelifts, with many developers tendering en blocs for older developments. The real es
My journey into the metaverse: Here's what I've learnt from 345 hours of research, Money News,In 1994, Jeff Bezos was a Senior Vice President of a hedge fund, not a shoddy position by any measure. But he came across a staggering stat: the Internet was growing 2,300 per cent per year. It wa
Europe heading for recession as cost of living crisis deepens, Money News,LONDON – The eurozone is almost certainly entering a recession, with surveys on Monday (Sept 5) showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While there was some ea
3 REITs trading near their all-time highs, Money News,Real estate investment trusts (REITs) have suffered a beating in March when the market suffered a massive meltdown. As cuts in distribution per unit (DPU) started to happen, some investors started to doubt the viability of investing in REITs long
OCBC's Q2 profit jumps 28%, upbeat on outlook, Money News,SINGAPORE – Singapore's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a stronger-than-expected 28 per cent jump in quarterly profit and gave a robust outlook as rising interest rates pushed up its net intere
7 qualities you want in a property for asset progression, Money News,Asset progression, wealth progression, upgrading… we Singaporeans have all sorts of names for it, but the general idea is the same: using your existing property as a stepping stone, toward a bigger or more luxurious home (or just o
Cryptoverse: Messi takes on Ronaldo in fan coin world cup, Money News,The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cryptocurrencies, typically linked to sports teams like Barcelona or Brazil, has been charge
Top 10 old condos that have seen the highest gains since 2010, Money News,Sometimes you really just have to look past the dated exterior, peeling paintwork at places, and a facility list shorter than the list of countries we are currently allowed to travel to. The truth is that old condos still have
Number of million-dollar HDB flats breaks record, Money News,SINGAPORE – The number of Housing Board (HDB) resale flats sold for $1 million or more each has hit a new high, following 13 transactions done in November, according to data from real estate portal SRX released on Thursday (Dec 10). The 72
China's Ant Group launches digital bank Anext in Singapore, Money News,BEIJING — China's Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday (June 6) said it has launched a digital wholesale bank incorporated in Singapore, dubbed Anext Bank. Anext
FTX creditors may number over 1 million as regulators seek answers, Money News,Collapsed crypto exchange FTX outlined a \”severe liquidity crisis\” in US bankruptcy filings, which said the group could have more than one million creditors, as regulators opened probes and the crypto pain spread with the
Step-by-step guide: How to cancel your credit card (& why), Money News,The world of credit card benefits is so fickle. What was once your beloved go-to card for any type of spending can become a useless piece of plastic overnight. All it takes is a change of T&Cs, and bam, your relationship has
5 best monetisation platforms for content creators, Money News,Making a living as an independent content creator is increasingly popular in the gig economy, but which content monetisation platform should you choose? So Covid-19 is proving to be more persistent than we had hoped, and you’ve just abou
11 considerations to pick the best condo unit for you, Money News,If you’ve been following this Ultimate Guide from the beginning – congrats! You are now almost getting to the finishing line of buying your first home. Now here comes the slightly more complicated, but nevertheless fun part about buyi
An investor's guide to Singtel's dividend payouts, Money News,The oldest telco in Singapore has been issuing dividends ever since the turn of the millennium. Here’s all you need to know about its payouts and whether you’re getting your capital’s worth. To say that Singtel is a household na
The 'Netflix' tax: GST policy changes that will take effect in 2020, Money News,Sigh… We've only just started to forget about the goods and services tax (GST) hikes announced during the annual Budget 2018 and 2019 speeches, but alas! It's now time for them to take effect. A lot w
Singapore homeowners: Here are your options for lowering your cash outlay for monthly mortgage repayments, Money News,Amid the ongoing financial crisis brought about by the global Covid-19 pandemic, it is important to not just take care of our immediate needs, but also look beyond to ensure we can b
HDB valuation: How do I figure out how much an HDB flat is worth?, Money News,Are you a buyer looking to buy the perfect HDB Resale flat ? Or perhaps you’re a potential seller thinking of selling your HDB flat? You’ll probably want to know how much the HDB flat that you’re planning to buy or sell is
Why you shouldn't pay off your home loan early, Money News,A common financial goal amongst Singaporeans is to become debt-free. It is a deeply-ingrained mentality that having any kind of debt is terrible and should be avoided like the plague. While becoming debt-free may be a goal worthy of asp
Analysing unprofitable condos: 3 reasons why Stellar RV has performed poorly, Money News,You might have read our recent article on the 13 condos with the most unprofitable transactions. In the first two days it racked up nearly 50,000 page views – a sure sign if ever that there needs to be more said
Credit card welcome offers: A comparison of the best gifts, Money News,In all likelihood, you got a new credit card not only for its perks, but its can’t-miss signup gift. Here’s a look at some of the best ones being offered by banks in Singapore. Banks often use attractive welcome rewards as a mean
How will Covid-19 impact real estate? Here’s a comprehensive property market analysis, Money News,On labour, capital, and entrepreneurship post-Covid-19 crisis We've had a flurry of posts saying that the world is healing – dolphins heading back to Venice, elephants getting drunk in vineyards, a
5 reasons FLT-FCOT is a great merger, Money News,2019 is gearing up to be the year of REIT consolidations based on the prevailing belief that \”bigger is better\”. The latest proposed merger is between Frasers Logistics & Industrial Trust, or FLT, and Frasers Commercial Trust, or FCOT, which will
Should I use a credit card or multi-currency card for overseas spending?, Money News,Although Singaporeans love travelling abroad, they're a lot more hesitant about using their credit cards overseas. According to a recent JD Power survey, 70 per cent of cardholders wouldn't be willing to u
The real cost of your coffee habit , Money News,Only drink kopi from the coffee shop or love your latte from Starbucks? Well, it’s time to wake up and smell the coffee (pun intended) because this is what your daily caffeine habit is really costing you. If you ask me, the thought of starting my morni
How to mitigate the growing trend of negative cash sales, Money News,Property prices in Singapore have been heating up in the past two years, despite (or because of?) the Covid-19 pandemic. In fact, private property prices in Singapore jumped by 10.6 per cent in 2021 alone. HDB prices also showed a
Everything to know about US largest interest rate hike since 1994 and how it'll affect Singaporeans, Money News,The US Federal Reserve has been hiking up the interest rates for over a month and some of the effects have been felt throughout the world. Those who invest in the US market would have
Boat Quay shophouse for sale at $18.8m guide price, Money News,A conservation shophouse at 10 Lorong Telok has been put up for sale with a guide price of $18.8 million via an expression of interest. The 999-year leasehold property is located within the Boat Quay Conservation area. According to Hutto
3 listed pawnbrokers on SGX: What do we know about them?, Money News,Given the current bleak economic outlook, many people are having it hard to deal with either job retrenchments or a pay reduction. On the same note, small time business owners are also facing cash flow issues with a sharp dive in b
Running costs first-time car owners must consider, Money News,For most of us, buying car is the second most expensive purchase after acquiring a home. If it's your first car, then the outright cost is undoubtedly higher, since you don't have an existing vehicle to sell or trade-in to offse
HDB conservancy charges – All the costs in one place, Money News,If you are looking to buy a HDB or already own one, one of the costs that you will have to contend with as a homeowner is the HDB conservancy charges. In June 2018 this year, it was announced that all 15 town councils that are managed
The when and how of refinancing your home loan, Money News,Homeowners, refinancing your home loan at the right time may save you thousands. Here’s what you need to know. Just like how trends come and go, home loan rates can increase or decrease depending on market conditions. A lot of factors come i
$1.21m Bishan DBSS unit among 13 million-dollar HDB resale flats sold in January, Money News,SINGAPORE – The Housing Board resale market started the year on a strong footing as prices rose for the seventh consecutive month in January, according to flash data from real estate portal SRX released on T
Child insurance in Singapore — which policy should you buy & how much does it cost?, Money News,It’s every parent’s instinct to protect their child. We can’t help it. It’s human nature. How we go about doing this, though, can’t always depend on instincts alone. Careful planning and smart decisions a
Forget your password? It's good for your investments, Money News,Fidelity conducted an internal study and found that individual investors who did the best were the ones who forgot they had an account. There are many possible explanations, but the simplest is usually the most correct: these inve
I'm 27 and I accumulated my first $100k by investing and saving over 4 years, Money News,My name is Winnie A. and I’m 27 years old now. This is my story of how I worked towards accumulating $100K in four years. Like most wide-eyed fresh graduates, I accepted a job with reasonable pay and expect
Sompo travel insurance review: Comprehensive Covid-19 coverage at wallet-friendly prices, Money News,Sompo travel insurance has gone through some major changes since we've last talked about it. Let's first recap the basics of Sompo's travel insurance plans: Back then, Sompo's tra
3 ways Budget 2020 is different (and similar) to Budget 2019, Money News,Singapore's Budget 2020 was delivered at 3pm on Feb 18, 2020 by Finance Minister Heng Swee Keat. Minister Heng addressed many concerns for Singaporeans as the Budget 2020 was delivered at the nation's weakest economic
3 businesses with soaring profits despite the pandemic, Money News,The pandemic has revealed something very surprising. Unlike the majority of businesses that have suffered plummeting revenue, a small group of companies are thriving despite the virus. This fact makes this crisis different from The G
Are annual fee credit cards in Singapore worth it?, Money News,When shopping for a credit card in Singapore, you will come across two broad categories: Credit cards with annual fees and credit cards without annual fees (or that have easier fee waivers). In this article, we will discuss whether or no
Economic crashes & stock market crashes, Money News,One of the most confusing things in the world of finance at the moment is the rapid recovery in many stock markets around the world after the sharp fall in February and March this year. For instance, in the US, the S&P 500 has bounced 28 per ce
Pasir Ris One DBSS review: Fantastic location but with obvious flaws, Money News,Project: Pasir Ris One HDB Town Pasir Ris Address: 530A-D Pasir Ris Drive 1 No. of Units: 447 Pasir Ris One could just be one of the most infamous HDB’s in recent times. It has been criticised the moment residents moved
4 ways new regulations will mitigate risks for digital financial service users in Singapore, Money News,Risks and security issues crop up as payment systems develop and move toward digital platforms. Digital payment services become an important issue with an increasing number of digital banking serv
6 credit cards you should use as your ez-link card, Money News,Earn cashback, miles and rebates with an all-in-one credit card that can also double up as your ez-link/public transport card on trains and buses. Commuters can now tap any MasterCard/Visa credit card to pay for public transport under LT
SIBOR, SORA and SOR rates explained – how they affect your home loans, Money News,One of the biggest decisions you have to make when buying a home is… no, not what colour you want the walls to be, but what home loan to go for. The interest rates of floating rate home loans are usually pegged to the
PAG, Platinum among bidders for Advent's stake in Singapore's The Learning Lab worth up to $500m: Sources, Money News,BEIJING/SINGAPORE — Private equity firms PAG and Platinum Equity are among bidders vying for Advent International's stake in Singaporean tuition chain The Learning Lab
Why it's so important to clear your credit card debt during Covid-19, Money News,With Covid-19 hitting many sectors of our economy, citizens have inevitably suffered from the repercussions. This includes wage cuts, no pay leave or worse, unemployment. While the government has introduced measure
How to avoid overpaying your insurance in 3 steps, Money News,Who said the 10 per cent to 20 per cent rule is the end all be all? After crunching the numbers, our budget might say otherwise. Let’s find out here. Is your insurance too expensive? The simple answer is yes… if you’re struggling to keep
5 units with a private pool under $2 million, Money News,In a blink of an eye, we are now at the finishing end of 2021 — and yet it’s absolutely crazy that we are still in the midst of the pandemic. Some of you may be glad to see the back of 2021, as 2022 will be a seemingly fresh start. And so as t
5 travel companies that could survive the Covid-19 outbreak, Money News,Things have been pretty bad lately for our national carrier, Singapore Airlines Ltd. As the Covid-19, also known as the coronavirus, outbreak rages on, it announced a temporary suspension of flights till May. It has also impleme
Ant Group's botched IPO: The risk of investing in China, Money News,Earlier this week, the Ant Group IPO was suspended. It highlights an important risk of investing in China that investors need to know. Ant Group’s massive initial public offering (IPO) was stopped cold in its tracks earlier thi
5 shocking ways your credit score can affect your life, Money News,Your credit history can impact a lot of important things in your life – from getting a new home to getting your dream job. Here are 5 ways your credit history can affect your life: BUYING A HOME Before you start searching for your dr
Good Class Bungalow (GCB) house-hunting: Confessions from agents, Money News,For most of us, owning a private property (usually a condo) is a status symbol. For rich people, it’s owning a good class bungalow (GCB) . Within just two months, we’ve had tech CEOs from Razer, Grab, Secretlab and TikTok g
Is Singtel's Comcentre redevelopment similar to what McDonald's did in the US?, Money News,In Singapore’s rapidly evolving business landscape, industries need to constantly innovate in order to keep up and stay relevant. A company’s core business may no longer be sufficient to sustain a he
We bust 7 myths of buying an overseas property, Money News,Buying property abroad can be riskier, not least because you’re entering a real estate market – and legal jurisdiction – you may not understand as well. But at the same time, there sometimes is a tendency to exaggerate or misunderstand the e
What is Cash Over Valuation (COV) and why would you pay it?, Money News,We’re seeing a resale flat revolution. As of Q3, resale prices are rising at their fastest pace since around 2012, and transaction volumes are at a 10-year high. We have a more detailed discussion of this in our previous article
Direct purchase insurance: What to know before buying direct insurance, Money News,Buying life insurance no longer has to involve meeting up with an insurance agent at Starbucks. Direct purchase insurance (DPI) is a type of life insurance that you can buy directly from the insurer without having to
How to tell if your investment is a scam, Money News,Investment scams are on the rise. Here’s how to avoid falling victim and losing your life’s savings. Last year, at least $69.5 million was lost to scammers running over 1,100 investment scams in Singapore. That works out to an average loss of more
Thinking of co-owning a HDB flat with family? Read this first, Money News,It’s the perfect love story. You’ve finally met the person of your dreams. You both fall hopelessly in love, butterflies abound in your stomach, you can’t stop thinking about them, and you want to be with them forever. The day
7 things to know about the 2022 BTO launch sites, Money News,2022 will be an interesting year, with the debut of the Prime Location Housing (PLH) flats, as well as demand being at a peak. On top of that, HDB has promised to ramp up production starting this year, to avoid the increasingly burdensome
Temasek set to post record portfolio in global equities rally, Money News,SINGAPORE – Singapore state investor Temasek Holdings' portfolio value likely rebounded to scale a record in the year ending March, boosted by a rally in global markets and the public listing of some of its holdings. Anal
Syfe Singapore Review (2020) — Is This Robo Advisor Platform Suitable For You?, Money News,This article is not about whether or not using a robo advisor is a good idea. It’s for those who have already decided that they want to put their investments in the hands of one. Read on to find out why Syfe i
Cryptoverse: Ether snaps at bitcoin's heels in race for crypto crown, Money News,For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more realistic. The second-biggest cryptocurrency is taking market share from bitcoin ahead of an all-i
What should you do if you can't pay your credit card bill?, Money News,While it’s not ideal to leave unpaid balances on your credit card, here are some simple steps to help you minimise debt caused by accrued credit card interest. Whether it’s because of a period of financial difficulty or due
Step-by-step guide: Top-up your CPF SA using cash to grow your retirement fund & save on income tax, Money News,As we reach the end of the year, I spent the morning together with my fiancée going through our yearly finances, identifying where we could have done better. Overall it was pretty satisfac
Is it finally worth it to buy an electric car in Singapore?, Money News,The Singapore government once dismissed electric cars as a lifestyle purchase. But now that climate change is something that Singapore has started to pay attention to, some baby steps have been taken to make electric cars a bit
Touring Eastwood landed estate: Affordable 99-year landed living with an upcoming MRT and good amenities, Money News,Another week, another reader’s request! This week, we’ve had someone ask for a tour of Eastwood estate so off to the East I went. I had previously shortlisted Eastwood but, after view
