The financial sector for Singapore, which also includes the mortgage sector, has been given more preparation time for the impending benchmark Zion Road Condo rate rise now that the United States’ central bank has indicated that the earliest time for an increase would not likely occur until September.
High Park Residences Interest
While this will lessen the uncertainty that is being felt by some Singaporean High Park Residences exporters as they grow closer to the near term, many experts are of the view that the benchmark interest rate for Singapore could experience movements that are a bit erratic until it is able to stabilize as it gets closer to the end of 2015 for CEL Fernvale Condo.
Following the Thursday, June 18th announcement that was made by the US Federal Reserve, the three month SIBOR (Singapore Interbank Offered Rate) stayed at its unchanged 0.82%, whereas there was a slight strengthening …