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…