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The volume of sales of private houses in Singapore in August fell by 64% compared with July to 616 objects, which is the lowest level in six months, Bloomberg reports. The agency notes that such a low figure indicates that the measures taken by the state began to operate after in the first half of the year prices in the Singapore real estate market grew by more than 7%. Under the new rules, the conditions for issuing mortgage loans for those who get them for the first time have become tougher. In addition, the stamp duty on the acquisition of real estate by foreigners was increased from 15% to 20%. It is noted that a sharp decline in sales in August was observed after their too high growth in July, caused by the desire of buyers to purchase real estate before the introduction of new rules by the state.
Intel Corp. (INTC.O) announced on Monday that Chief Engineering Officer Murthy Renduchintala would leave the company on August 3. The semiconductor manufacturing company said that it would reorganize its technology, systems architecture, and ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
KYC Policy