With the implementation of cooling measures such as the Total Debt Servicing Ratio (TDSR) and buyer’s / seller’s stamp duties, buyer’s purchasing power and seller’s willingness to sell has been greatly constricted, causing a drastic drop in transaction volume and new home loan sales. Developers, real estate agencies and banks are feeling the chill
Sourced through Scoop.it from: www.mortgagesupermart.com.sg