24 Mar '17, 10am

Making sense of the property tweaks | Property Market

Making sense of the property tweaks | Property Market

“This (TDSR tweak) gives people greater flexibility to borrow money against the value of their homes. However, the amount they wish to borrow must be 50 percent or less than the total value of their property / properties pledged as collateral. As such, in terms of whether this would translate into real estate demand, it would likely only promote property purchases by asset-rich individuals. CBRE Research feels that this will affect a small portion of property owners.”

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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