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Close to 10% of Singapore mortgages, or over S$15b, under debt moratorium

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Published Tue, Jul 28, 2020 · 09:50 PM

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    Singapore

    THE three local banks in Singapore are estimated to have granted payment deferments to more than S$15 billion worth of mortgages as at the end of June this year.

    All in, the total value of deferred mortgages in Singapore make up almost 10 per cent of all outstanding mortgages.

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    Singapore banksMonetary Authority of SingaporeSingapore mortgages

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