SINGAPORE (Sept 2): RHB Research is keeping a “neutral” rating on Singapore’s real-estate sector as latest tweaks to property financing rules isn’t expected to increase demand for new homes.
On Thursday, the Monetary Authority of Singapore (MAS) it was fine-tuning the refinancing rules under the Total Debt Servicing Ratio (TDSR) framework to allow borrowers more flexibility in managing their existing debt obligations.
(See MAS refines TDSR rules for refinancing existing property loans)
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