The Business Times
business-time-50
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jul 28, 2020 · 09:50 PM

    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.

    Singapore banksMonetary Authority of SingaporeSingapore mortgages

    TRENDING NOW

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    Onitsuka Tiger has been a key growth driver for Asics in recent years.

    Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise

    The site in Peck Hay Road can yield about 315 private homes, according to URA.

    CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot

    DeepSeek’s rapid global rise proves that elite Chinese AI talents do not have to work for American companies to achieve massive success.

    The returnees: Inside China’s AI talent reversal

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More