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Posts Tagged ‘housing loans’

More property market measures announced

The Government has announced more measures to maintain a stable and sustainable property market, reported Channelnewsasia.com.

From Friday, the holding period for imposition of Seller’s Stamp Duty (SSD) will be raised to four years from the current three.

The SSD rates would also be raised while the Loan-To-Value (LTV) limit would be lowered to 50% on housing loans for property buyers who are not individuals.

The LTV limit would also be lowered to 60% for individual property buyers with one or more outstanding housing loans.

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Singapore Nov bank lending up 1.7% from Oct

Total bank lending rose 1.7% to $318.5 billion in November from $313.3 billion in October, central bank data showed on Friday. Housing loans to consumers rose 1.7% to $110.9 billion from $109.1 billion in October.

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Singapore October bank lending up 1.3% from September

Total bank lending in Singapore rose 1.3% to $313.3 billion in October from $309.4 billion in September, central bank data showed on Tuesday.

Housing loans to consumers rose 2.1% to $109.1 billion from $106.9 billion in September.

 
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Singapore Sept bank lending growth fastest since 2008: Update

Total bank lending in Singapore rose 2.08% to a record $309.41 billion in September from $303.12 billion in August, central bank data showed on Friday.
 
It was the fastest monthly percentage increase in bank lending since May 2008.
 
Housing loans to consumers rose 1.7% to $106.87 billion from $105.08 billion in August.
 
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Sept bank lending up 2% from August

Total bank lending in Singapore rose 2.0% to $309.41 billion in September from $303.12 billion in August, central bank data showed on Friday.

Housing loans to consumers rose 1.7% to $106.87 billion from $105.08 billion in August.

 
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Singapore August bank lending up 1.5% from July

Total bank lending in Singapore rose 1.5% to $303.12 billion in August from $298.69 billion in July, central bank data showed on Thursday.

Housing loans to consumers rose 1.5% to $105.08 billion from $103.57 billion in July.

 
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Singapore June bank lending up 1.4% from May

Total bank lending in Singapore rose 1.4%to $296.63 billion in June from $292.49 billion in May, central bank data showed on Friday.

Housing loans to consumers rose 2.6% to $101.13 billion from $98.55 billion in May.

 
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Housing loans to drive bank lending, says Citi

Bank lending growth in Singapore likely to continue for rest of this year, driven by demand for housing loans, says Citigroup, according to Dow Jones.

Total loans in May +8.0% on-year, +1.5% on-month, with housing loans +20.7% on-year, according to latest official data.

“We expect double-digit mortgage growth to sustain through year-end despite several rounds of property cooling measures. The property rally should also trigger a recovery in the construction loan cycle which, together with broader investment spending, should aid further recovery in business lending,” Citi says.

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Singapore May bank lending up 1.5% from April

Total bank lending in Singapore rose 1.5% to $292.49 billion in May from $288.05 billion in April, central bank data showed on Wednesday.

Housing loans to consumers rose 2% to $98.55 billion to in May from $96.61 billion in April. 

 
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Singapore April bank lending up 0.6% from March

Total bank lending in Singapore rose 0.6% to $288.05 billion in April from $286.3 billion in March, central bank data showed on Monday.

Housing loans to consumers rose 1.7% to $96.61 billion April from $94.96 billion in March. 

 
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Singapore March bank lending up 0.5% from Feb

Total bank lending in Singapore rose 0.5% to $286.3 billion in March from $284.8 billion in February, central bank data showed on Friday.

Housing loans to consumers rose 1.4% in March to $94.96 billion from $93.6 billion in February. 

 
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Singapore February bank lending up 0.5% from January

Total bank lending in Singapore rose 0.5% to $284.8 billion in February from $283.3 billion in January, central bank data showed on Wednesday.

Housing loans to consumers rose 0.9% in February to $93.6 billion from $92.8 billion in January. 

 
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Singapore February bank lending up 0.5% from January

Total bank lending in Singapore rose 0.5% to $284.8 billion in February from $283.3 billion in January, central bank data showed on Wednesday.
 
Housing loans to consumers rose 0.9% in February to $93.6 billion from $92.8 billion in January. 
 
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Singapore Jan bank lending up 0.7% from Dec

Total bank lending in Singapore rose 0.7% to $283.3 billion in January from $281.3 billion in December, central bank data showed on Friday. 
 
Housing loans to consumers rose about 1.5% to $92.79 billion in January from $91.43 billion in December. 
 
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Singapore December bank lending up 1.12% from November

Total bank lending in Singapore rose to $281.3 billion in December from $278.2 billion in November and from $275.4 billion in October, central bank data showed on Friday. 
 
Housing loans to consumers rose 0.56% to $91.37 billion from $90.86 billion in November. In October housing loans were recorded at $89.1 billion. 
 
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Singapore Nov bank lending up 1.01% from October

Total bank lending in Singapore rose 1.01% to $278.2 billion in November from $275.4 billion in October, central bank data showed today. Housing loans to consumers rose almost 2% to $90.86 billion from $89.1 billion in October.
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Oct bank lending down 0.2% from Sept

Total bank lending in Singapore fell 0.2% to $275.4 billion in October from $275.9 billion in September, central bank data showed today. Housing loans to consumers rose 2.4% to $89.1 billion in October from $87.1 billion in September and $85.1 billion in August.

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Sept bank lending up 0.5% from Aug: MAS

Total bank lending in Singapore rose 0.5% in September to $275.9 billion from $274.6 billion in August and $271.8 billion in July, central bank data showed today. 
 
Housing loans to consumers rose 2.3% in September to $87.1 billion, from $85.1 billion in August. 
 
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