Home prices and mortgage sizes in Singapore have climbed over the past five years, but buyers are increasingly using cash and CPF savings to fund their down payments.

Nearly 8 in 10 buyers of new private property launches took out loans of at least $1 million in the first half of 2026, double the proportion in 2021. Yet mortgagee-sale listings have also hit their highest half-yearly level since 2021

On The Big Story, Hongbin Jeong speaks with Clive Chng, Associate Director at Redbrick Mortgage Advisory, to find out why buyers are borrowing a smaller proportion of their property’s value, what’s driving the rise in mortgagee sales, and whether financial risks are building beneath Singapore’s property market.