
Borrow against your assets to invest?
What if someone suggest to you that you can borrow against the equity of your residential property(ies), shares, investment funds, bank deposits and other assets, at an interest rate of about one per cent? Normally, the maximum loan tenure is until age 75 and subject to the 60 per cent Total Debt Servicing Ratio (TDSR). However,...

Why is GIC betting bigger with our CPF?
I refer to “GIC beefs up real-estate portfolio with US$8.1b (S$10.58b) purchase of Ind Cor”. (BT, 3 Dec) Blackstone had plans for IndCor’s IPO which valued IndCor at about US$8 billion before GIC stepped in with its US$8.1 billion offer. By taking a 100% stake, should the market for industrial property turn sour, it would...

Town councils: Another ‘half the story’ clarification?
A picture is worth ten thousand words. We refer to the Ministry of National Development’s (MND) press statement on town councils’ surpluses and government grants. Kind of like “AIM”? Just like the AIM report – this also is like telling “half the story”. Breakdown of flats? Why not just give the breakdown of the...
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