| 12.10.2012 - Singapore tightens property borrowing rules |
| Singapore has tightened its controls on real estate lending to quash symptoms of a property bubble. Singapore’s Monetary Authority said in an issued statement that it will enforce a maximum tenure of 35 years for new housing loans. "MAS' move is part of the government's broader aim of avoiding a price bubble and fostering long-term stability in the property market," the central bank said...............................................Full Article: Source |