As banks increase their fixed rate home loans from 2.75% per annum to 3.08% per annum, residential sales are expected to decrease.
In the second quarter of 2022, private residential prices already rose by 3.5%. According to property experts, this will increase more up to 6% to 8%.
MAS recorded a huge loss in the last financial year due to the rising Singapore dollar, lower investment gains, and higher interest expenses. However, Singapore is still on track to come within the GDP growth forecast for this year.
Condo resale prices in Singapore continue to increase. Meanwhile, the volume of sales dropped to 17.2%.
Investing in gold in Singapore may seem daunting, and at times, even antiquated. However, you’ll be surprised at how this can elevate your investment portfolio. If you’re wondering how to invest in gold, this guide is for you.
Since you were a kid, you've probably been told the importance of saving money. However, it's just one part of the equation. No matter what stage you are in your life, you must know how to invest.