What the Negative Swap Rate Means For You

In a surprising development, the Singapore dollar Swap Offer Rate (SOR) turned negative for the first time on August 10th due to inflows into the Singapore dollar. In this article we’ll explore what the SOR is, why it turned negative, and what impact that has on the banks, borrowers and depositors. What is SOR? SOR…

Singapore Property News This Week #6

Here’s our summary of the important residential, commercial and industrial news this week. We hope this helps you to save time catching up on the news! RESIDENTIAL Slower GCB sales due to gap between offer and asking price Widening gap between offer and asking prices has decreased GCB sales. For example, asking price for a…