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Housing loans extend drop in May but overall lending rises on business loans: MAS data

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Housing loans extend drop in May but overall lending rises on business loans: MAS_sg data

UNSURPRISINGLY, housing loans in Singapore shrank for the fifth straight month in May. At S$202.54 billion, this is a 13-month low as cooling measures continue to work their way through the property market.

Preliminary data from the Monetary Authority of Singapore released...
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Housing loans extend drop in May but overall lending rises on business loans: MAS dataUNSURPRISINGLY, housing loans in Singapore shrank for the fifth straight month in May, as cooling measures introduced last July continued to work their way through the property market . Read more at The Business Times.
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