Greater Help for Low Income Singles to Buy New Flats

For more information visit: http://www.straitstimes.com/breaking-news/singapore/story/hdb-launches-more-500-two-room-flats-third-will-be-reserved-just-singl

Source: The Straits Times, HDB 

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MAS Debt Servicing Ratio

Hello Everyone,

I'm sure you are aware of the recent update of the Monetary Authority of Singapore and I the link below.

Impact*

This impact will result in decrease speculation of property prices within Singapore.

MAS Debt Serving Ratio: http://www.mas.gov.sg/news-and-publications/press-releases/2013/mas-introduces-debt-servicing-framework-for-property-loans.aspx

*This is my personal perspective and please do not take my forecast as an advice as it is merely to be used as a reference only. Please take other factors into consideration when looking at the overall property market.