Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Measures To Promote Sustainable Conditions In The Singapore Property Market By Ensuring Prudent Borrowing And Moderating Demand

Date 29/09/2022

Market interest rates have risen significantly. They are likely to increase further in future, which will affect borrowing costs for home purchases. To ensure prudent borrowing and avoid future difficulties in servicing home loans, the Government will tighten the maximum loan quantum limits for housing loans. 

 

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