MAS Restricts Loan Tenure for Residential Properties   Singapore, 5 October 2012…The Monetary Authority of Singapore (MAS) will restrict the tenure of loans granted by financial institutions for the purchase of residential properties. MAS’ move is part of the Government’s broader aim of avoiding a price bubble and fostering long term stability in the property
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Quick Look at Property Transaction in Q12013 Total residential property transaction in Q12013 was at $10,282,480,769.The home loan transacted in the same period was at $4,573,900,000. Compared to Q42013, the property loan transacted was at $11,101,782,886. The home loan transacted in this period was $5,909,600,000. There was a drop at 19% in the home loan
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The top popular rates in April are dominated by SIBOR packages. These packages are applicable to completed properties. Talk to our mortgage consultant to find out how you can proceed to apply for these attractive mortgage loan packages. We will be pleased to help you on your home loan for new purchase and refinance request
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National Development Minister Khaw Boon Wan has hinted several changes to come, such as subsidies for executive condominiums, in a national conversation session on housing issues. Khaw said the government loses “hundreds of millions” of dollars when constructing public flats amid calls from some quarters for land costs to be taken out from the pricing
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According to the estimated transaction data released by The Housing and Development Board (HDB) and Urban Redevelopment Authority (URA), Resale Price Index (RPI) for Q12013 reflects a 1.2 percent increase from Q4 2012. This is the lowest quarter-on-quarter growth since Q1 last year. The Q1 price index of private homes is 1.1 points higher than
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1)      Commercial and Commercial Loan Market Since the implementation of the 7th Round Property Cooling Measure in January this year, LoanGuru has noticed a change in the property purchase sentiment in Singapore. The local investors have started to move out of the residential property market and started looking into Overseas and Commercial Properties. Based on
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The top popular rates in March are dominated by SIBOR packages. These packages are applicable to completed properties. Talk to our mortgage consultant to find out how you can proceed to apply for these attractive mortgage loan packages. We will be pleased to help you on your home loan for new purchase and refinance request
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Changes in the First Quarter of 2013 The Government has announced a number of changes affecting housing policy since the beginning of the year. 1)      Population White Paper that lays the master plan for infrastructural planning for up to 6.9 million population by the year 2030 2)      Property Cooling Measure controlling the specific nationality in
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New Schemes Announced to Help Singles In a bid to prevent a property bubble and fix the temporary imbalance in housing, the government will ramp up its construction of Build-to-Order (BTO) flats with another 25,000 units to be launched this year. Mr Khaw also said BTO flat prices are kept separate from the resale HDB
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Latest News: After 50 years of public housing, it is good to revisit some key policies. That is what National Development Minister Khaw Boon Wan spoke about in his budget debate speech today in Parliament where he outlined a slew of new plans to make housing more affordable and accessible for all Singaporeans. In a
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