Monday, July 19, 2010

S&P: 'limited' risk for banks for their home loans

"Singapore households have strong balance sheets, underpinned by a high savings rate, low debt, and low unemployment," a report by Standard & Poor's (S&P) said.

An unabated rise in price is also unlikely, so the most likely scenario is the gradual grind upwards. Mid-end properties have already reached the previous peak, while high-end ones have yet to do so.

But recent actions suggests that high-end & luxury segment is starting to stir. Stay tune for new launches.

You might also like to check out:
1) Orchard View: http://orchardview.wordpress.com

2) The Lumos: Coming soon, drop me an email to be added to my mailing list

3) Grange Infinite: website coming soon, viewing strictly by appointment

4) Leonie Parc View: website coming soon, viewing strictly by appointment