Daily Archives: July 24, 2013 (3 Articles Found)

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Private units under $1,000 psf still available

Private home units going for less than $1,000 psf may seem rare these days but there are still projects offering homes at this level. OrangeTee Research has pinpointed 10 developments with units below what has become a key…

Rising level of household debt worrying, says MAS

The rising level of household debt here is worrying and it is important that MAS “act now” to curb excessive borrowing, the central bank said yesterday. It warned that many consumers may have overextended themselves because of the…

MAS: Household debts worrying; Banks sound

It is the mushrooming debt pile of households, more so than banks’ exposure to it, that has driven MAS to action. As it stands now, 5 to 10 per cent of households already “have probably over-leveraged their property…

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