27 Jun '14, 3am

#GlobalREBubble #Singapore #Mortgages 'Mortgagee Sale By Auction Up In 1H' @SGPropertyGuru

#GlobalREBubble #Singapore #Mortgages 'Mortgagee Sale By Auction Up In 1H' @SGPropertyGuru

The number and proportion of properties put up for mortgagee sale in Singapore by auction has increased since 2012. Of the 256 properties placed under the hammer in 1H 2014, 64 were put up by mortgagees, up from the 24 posted during the market boom in 2012, according to Colliers International. Colliers attributed the increase to the tepid activity level in the residential property resale market, which has been affected by the consecutive rounds of property cooling measures.

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

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