Activities… Singapore Primary home sales soar 82% 4 May 20174 May 2017 The recent government figures on private home sales signal a turnaround in the market. Figures showed that, in the primary market, developers sold 1,780 new private homes last month, the…
Activities… Joint Statement for property measures by MOF/MND/MAS 10 Mar 201710 Mar 2017 Ministry of Finance (MOF) has issued a joint press release with MND and MAS with regard to property measures. 1. Additional Buyer’s Stamp Duties (ABSD) and Loan to Value (LTV)…
Economics… TDSR framework exempted from home mortgage refinancing 1 Oct 201629 Nov 2016 MAS announced in September that borrowers may be exempted from Total Debt Servicing Ratio (TDSR) framework when refinancing their homes. The TDSR rules still apply to new housing loans. The…
Condos… In another report, private home prices may drop up to 15% over the next 2 years 20 Dec 2015 In yesterday's BT, an article reported OCBC's projection of private home prices here to slip between 5 to 15% over 2016-2017. In the same article OCBC projected that primary home…
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