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Mortgage growth in Dec hits record low

Overall bank lending is also expected to stay soft in 2019, reflecting cautious business sentiment

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The Singapore property market has gone through several rounds of cooling measures to tamp down demand.

Singapore

MORTGAGE growth in December likely slowed to a record low, as property cooling measures continue to bite. Against this backdrop, overall bank lending is also expected to stay soft in 2019, reflecting caution in business sentiment.

Home loans grew at just 2 per cent in...

sentifi.com

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