How knowledgeable are you with housing loans? Do you know enough about TDSR? How good are you in negotiating with the banks? Dare to challenge yourself by taking a short 10-question quiz? 1. Please refrain from checking the answers in the internet. No cheating please! 2. Participant with the highest score stands the chance to win a special prize at the Understanding … [Read more...]
What Total Debt Servicing Ratio meant to kill
The Monetary Authority of Singapore (MAS) introduced the Total Debt Servicing Ratio (TDSR) framework for all property loans granted by financial institutions (FIs), with effect from 29 June 2013. In for the kill Computations of the TDSR affects properties that are residential or non-residential, individuals’ or companies', new applications or re-financed loans, and in or … [Read more...]
Property cooling measures – any more to come?
Hey, it's Friday. TGIF! Wait, it's Friday again. Will the government announce any new measures today to cool the property market? More than once, Friday has being picked for reporting such 'exciting' news. New policies mentioned today are likely to be made effective tomorrow, before everyone have a 'nice' weekend. For many who have a stake in the industry – be it … [Read more...]