www.propertyguru.com.sg | 30 Aug 2013
Singapore's household debt during the first quarter was relatively high compared to other Asian countries at 77.2 percent of its GDP, revealed a report from Bank of America Merrill Lynch.
It then comes as no surprise that the government has implemented measures to ensure that Singaporean households do not over-borrow, and also cool the HDB resale market, the report added.
It then comes as no surprise that the government has implemented measures to ensure that Singaporean households do not over-borrow, and also cool the HDB resale market, the report added.
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