Singapore Property News This Week #143

Residential A breather for homeowners who bought before last June 29 With immediate effect from Feb 10 this year, the Monetary Authority of Singapore (MAS) has announced that refinancing of loans for homes bought before June 29, 2013 will be exempted from the total debt servicing ratio (TDSR) cap of 60 percent. The cap means…

Singapore Property News This Week #142

Residential Optimistic outlook for Riverbank @ Fernvale Sale of units at UOL Group’s 99-year leasehold 555-unit private condominium Riverbank @ Fernvale will begin next week. The average price indication is slightly over $1,000 psf. Prices of a 495 sq ft one-bedroom unit start from $476,000, or around $962 psf. A 947 sq ft three-bedroom unit…