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The PropertyGuru - August 23, 2013

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The PropertyGuru Description:

Editor: PROPERTYGURU-GROUP

Categoría: News

Idioma: English

Frecuencia: Fortnightly

The PropertyGuru is Singapore's only dedicated Property Newspaper providing Property Owners, Investors, Property Agents & Property Developers latest & exclusive in-depth industry news, fresh perspectives & insights to local & regional Residential & Commercial Property trends & data, alternative investment tips & home improvement ideas.

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En este número

Over-borrowers well off
The finances of households in Singapore are generally in
such good shape that even those
who over-borrowed are unlikely to default on their loans even if
interest rates rise, said Lawrence
Wong, a director on the board of the Monetary Authority of Singapore (MAS).
In Parliament last week, Wong reiterated that only five to 10
percent of mortgage borrowers in the country have a Total Debt
Servicing Ratio (TDSR) of more than 60 percent of their monthly
income.