On 1 December, the Monetary Authority of Singapore (MAS) noted in its annual financial stability review that, as a result of an gradual uptrend in unsecured credit charge-off rate in Q3 2019, more households could “face difficulties in their housing payments” in the coming months. Examples of unsecured credit are credit cards and personal lines...
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New HDB Build-To-Order (BTO) flats in Singapore’s prime locations, such as the upcoming the Greater Southern Waterfront, may come with “cooling measures” that limit resale prices, said National Development Minister Desmond Lee. He told Lianhe Zaobao on 29 November that he feels that the ‘lottery effect’ of well-located HDB flats, which could result in “windfalls”...
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