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What is Total Debt Servicing Ratio (TDSR)?

Total Debt Servicing Ratio (TDSR) is a cooling measure introduced by the Singapore government to limit individuals from spending too big a proportion of their monthly income on debt repayments. At present, the TDSR is set at 55%, after the government tightened the threshold by 5 points on 16 December 2021.  Since property loans are

Million-dollar flats: Striking it rich with your HDB flat?

The days in which successful applicants of the Built-To-Order (BTO) are able to boast of being able to sell of their flats at “high resale prices” might soon be over. Over the past weeks, owners of BTO’s that have recently completed their Minimum Occupancy Period (MOP) of 5 years have taken to the resale market

Mature VS Non-Mature Estates: Which one trumps the other?

The maturity of an estate is often one of the key factors that people take into account when they are purchasing a property but many of you may also ask how mature an estate must be to be considered as a mature estate. Typically, an estate that has been around for more than 20 years