Daily Archives: July 15, 2013 (4 Articles Found)

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Singapore new home sales rise 23.8% in June, driven by demand for suburban units

Sales of new homes continued to rise last month, with home buyers picking up 1,806 units directly from developers. This was more than the 1,768 new units launched last month, figures from URA showed on Mon. June’s sales…

No to bank-developer tie-ups

The government is clamping down on a common practice where property developers and agents tie-up with banks to sell property: It has introduced a wide-ranging rule that will, among several things, stop banks from offering preferential interest rates…

MAS mulls more authority for credit bureaus

MAS is looking at possibly giving more teeth to credit bureaus so that banks can get, without too much delay, all the credit information needed to comply with the new 60 per cent TDSR when granting property loans.…

Sales at Vue 8 launch tempered by new home loan curbs

Just 50-plus units have been sold at Vue 8 Residence, a 99-year leasehold project in Pasir Ris. Market watchers attributed it to the general air of caution as well as the longer bank loan approval process under the…

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