New Loan Measure

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MAS introduce New Debt Servicing Ratio to take effect on 29 June 2013.

What are your thoughts & views for this?

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

Lower Resale volume

Fewer Deals

Has the latest cooling measures taken effect?

The number of resale transactions for non-landed private residential units has decreased, compared to May 2012. Perhaps with the introduction of the additional buyers stamp duty could have taken effect on the number of transactions.

HDB releases 8000 flats

HDB releases 8000 flats for sale. These flats includes balance flat and BTO (build to order) flats.

With about 3100 balance flat on offer in the various towns in Singapore, buyers will have a chance to buy a ready built or close to completion flat. Demand are expected to be high for such flats.

The BTOs flats being offered by HDB are in Choa Chu Kang, Hougang, Jurong West, Sembawang and Woodlands.