The maximum amount of money home buyers in Singapore can borrow to purchase their homes has been tightened so that borrowers avoid future difficulties in servicing those loans.

The authorities have also put in place several measures to ensure home buyers borrow within their means and to moderate demand in the property market.

In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Christine Sun, senior vice president of research and analytics at Orange Tee and Tie about the impact of the latest round of property cooling measures.

The maximum amount of money home buyers in Singapore can borrow to purchase their homes has been tightened so that borrowers avoid future difficulties in servicing those loans.
The authorities have also put in place several measures to ensure home buyers borrow within their means and to moderate demand in the property market. In The Straits Times’ The Big Story, Multimedia Correspondent Cheow Sue-Ann speaks with Christine Sun, senior vice president of research and analytics at Orange Tee and Tie about the impact of the latest round of property cooling measures.

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