Sunday, June 30, 2013

Singapore introduces new property loan curbs - Yahoo! Singapore News

The slew of cooling measures has evolved Singapore's real estate scene, such that PSF alone will not always represent the best option. Although indirect, this article brings forward a refreshing perspective to this subject. Read on..

Straits TimesSingapore introduces new property loan curbsYahoo! Singapore NewsThe Monetary Authority of Singapore said in a statement that, from Saturday, financial institutions should not grant any property loan that exceeds a total debt servicing ratio (TDSR) of 60 per cent. Loans granted above that threshold will be ...UPDATE 1-Singapore takes further steps to cool property marketR...Singapore introduces new property loan curbs - Yahoo! Singapore News

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