SINGAPORE: Singapore's central bank yesterday tightened rules on residential property lending amid fears that the city state's real estate market could be heading into a dangerous bubble.
The Monetary Authority of Singapore (MAS) said in a statement it was imposing a maximum tenure of 35 years for new housing loans with effect from Saturday.
By AFP
Saturday, October 6, 2012
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment