• Well, politics aside, people all over the world have a strong interest in seeing the U.S. Federal Reserve in economic recovery mode – including Singaporeans. The question is, will the SIBOR interest rate really rise as slowly as experts suggest? Because it was the 0% U.S. Fed interest rate that kept Singapore’s home loan …

  • If not, you might be considering a payday loan. What Is a Payday Loan?  A payday loan is a short-term, unsecured loan with a very high interest rate that people take to cover bills, rent, and other living expenses that can’t wait until your next payday. Typically, as long as you’ve got a job with a fixed monthly income, …

  • Thanks to MAS car loan restrictions (restriction is too kind of a word, I think strangulation describes it much better) and COE prices rising to ridiculous levels (Certificate FOR the “entitled” more like it), it’s no wonder car sales have dropped by almost 40%! But just having a look at our list, you’d be forgiven for …

  • The days when property was affordable and home loan applications were easy are long gone. It saved me a lot of frustration trying to make sense of how all these complicated regulations affect me,” said Mano Kathiravan, a satisfied user.

  • 3 Policy Changes That Would Seriously Improve the HDB Loan

    The HDB concessionary loan is supposed to make housing affordable – an objective it fulfilled until interest rates plunged. Then suddenly, the interest on a HDB loan rose way above that of a bank loan. ...

  • Do Not Call Registry: Banks and Insurance Companies Lose, You Win!

    The government’s new DNC (Do Not Call) registry is set to destroy cold calling…and vastly improve your life: What is the DNC Registry? The Do Not Call (DNC) registry is a free service for people who – bizarrely enough – don’t like interrupting dinner to hear about an exciting new interest-free loan. It’s run by the Personal …

  • 3 Painful Home Loan Mistakes to Avoid

    Thanks to MAS property financing regulations and stricter limits on borrowing, the home loan process is a lot like trying to outrun a huge boulder, Raiders of the Lost Ark-style – except the boulder is made out of paperwork you need to fill out. 1. Failing to Get an In-Principle Approval (IPA)  Don’t gamble away your …

  • How Private Property Widens Singapore’s Income Gap

    Yeah, I’m talking about private property, which is one of the biggest causes of Singapore’s income divide. In Singapore, private property defines wealth. For various reasons, private property tends to make the rich keep getting richer. But when it comes to home loan interest rates, most private property owners actually …

  • Private vs. Public Housing in Singapore: What are the Main Differences?

    If you want your own house in Singapore, then you are one bank loan away from rationing individual bee hoon strands. Check out MoneySmart’s primer on private vs. public housing, before making your purchase: Defining Private Property In Singapore, residential properties fall into two broad categories: public housing (HDB …

  • What Singaporeans Need to Know About Home Loan Refinancing in 2013

    Back in 2011, I was convinced banks installed revolving doors just for home loan customers. People refinanced more often than we got to change underwear in NS. It was an industry norm; you’d pick the cheapest ...

  • Can Middle-Class Buyers Still Afford a New Car Today?

    It didn’t take as much effort to knock the air out of Singaporean car buyers earlier this year. Once MAS added a tiered Additional Registration Fee (ARF) and slashed Loan-to-Value (LTV) limits and loan ...

  • Fistfighting Over Your HDB Loan (And Also, How Bank Loans May be Better)

    Your HDB Concessionary Loan was on the verge of approval, when the new cooling measure kicked in. And I understand if you were a bit upset. But on hindsight, telling the phone operator to meet face to ...

  • When is a Personal Loan the Best Option?

    Usually, when you’re one of two patients and the hospital’s down to one kidney. But life threatening ops aside, there are moments when a personal loan makes sense. Much more than easier, more expensive ...

  • So the final tweaks on car loans have come into play. Well it’s about time. Another month or two, and “loan sharking” would have become a requirement on a car salesman’s resume. In this article, we look ...

  • The New POSB HDB Loan: What’s The Big Deal?

    If you’ve been paying attention to the news recently, you’d have noticed that POSB’s got a new HDB home loan package that’s creating quite some buzz and getting HDB owners and buyers both excited and wary ...

  • 3 Useful Home Loan Tips in Singapore (2013)

    Our home loans market has changed dramatically since 2011. We have new cooling measures, and new restrictions on bank practices. As such, applying for a loan may not be as simple as before. But with a ...

  • On-Margin Call for Home Loans: What is It, and How Do We Avoid It?

    If you’re unlucky, you may be one of the few property owners faced with a margin call. This is when a bank asks for a cash top-up, as part of the requirements for your home loan. This often catches property ...

  • For many Singaporeans, our home loan takes up the lion’s share of our budget. As this usually goes on for 25 to 35 years, it makes sense to periodically review our home loan package. In particular, we ...

  • 5 Important Questions Before Getting a Personal Loan

    Ah, the personal loan: Prelude to successful investing, or dialing suicide prevention. Amongst all the financial options you can choose, this one is the deadliest. Use personal loans right, and they could ...

  • 1 Month Vs. 3 Month SIBOR: Which is Better?

    When picking a home loan package that is pegged to the SIBOR, you will typically be offered a choice of different rate structures: 1 month SIBOR, 3 month SIBOR, etc. This can be confusing to first-time ...

More »
 

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2513-0.0018-0.15%
    USDSGD=X
    1.7295-0.0016-0.09%
    EURSGD=X
    2.0927-0.0033-0.16%
    GBPSGD=X
    81.6606+0.3642+0.45%
    SGDJPY=X
    6.1962+0.0089+0.14%
    SGDHKD=X
    2.5888+0.0001+0.01%
    SGDMYR=X
    9,168.7041+43.6943+0.48%
    SGDIDR=X
    4.9722+0.0075+0.15%
    SGDCNY=X
    1.1730-0.0001-0.01%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,300.20-0.10-0.01%
    GCM14.CMX
    19.57+0.05+0.26%
    SIN14.CMX
    91.87-1.95-2.08%
    ^XAU
    2.99+0.01+0.22%
    HGK14.CMX
    103.81+0.06+0.06%
    CLK14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.62+0.02
    ^FVX
    2.63-0.01
    ^TNX
    3.46-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    1.28+0.025+1.99%
    N21.SI
    0.122-0.001-0.81%
    B22.SI
    0.595+0.005+0.85%
    E5H.SI
    2.20+0.010+0.46%
    JS8.SI
    0.98+0.070+7.69%
    B20.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.675+0.055+8.87%
    5VT.SI
    0.98+0.070+7.69%
    B20.SI
    0.19+0.013+7.34%
    5H0.SI
    0.113+0.008+7.62%
    5MM.SI
    0.96+0.055+6.08%
    U2T.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.096-0.011-10.28%
    S13.SI
    0.132-0.008-5.71%
    5BM.SI
    0.17-0.010-5.56%
    5WG.SI
    0.55-0.030-5.17%
    A05.SI
    0.123-0.005-3.91%
    J74.SI