New cooling measures announced: An attempt to cool the hot property market and how it may affect you
The Singapore government has announced new cooling measures, in a response to rising interest rates and record-high home prices. Some of these, such as a higher floor rate for measuring debt servicing ratios, were long expected; but others, like an increased wait-out period for resale flats, came as a surprise. Here’s what you need to know: First, for property loans...
Source: asiaone.com