You are here


Slower growth in home loans expected from cooling measures

Loans growth of the three local banks for 2018 is likely to fall to 6-7 per cent from 7-8 per cent, say analysts

Thursday night's frantic sales at showrooms, which netted over 1,000 transactions, will make this a bumper month for the three local banks' loan growth. However, later months are likely to be quiet as sales slow down, analysts said.


HOME buyers will be hit hard by the latest property cooling measures since the lower borrowing limits require them to stump up a lot more cash, say bankers.

With the new set of cooling measures comprising a reduced loan-to-value (LTV) limit and increased additional buyer...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to