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Today is Dec 12, 2017
Noena de Leon
Associate Group Director
PROPNEX REALTY PTE LTD
CEA Licence No.:
L3008022J / R018523C

noenadeleon@dwg.com.sg
Call (+65) 8180 4135
Property News

More facing problems refinancing homes due to TDSR

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Home owners looking to refinance their properties are finding it increasingly difficult to do so against the backdrop of falling property prices, stringent definitions of what constitutes income and the tedious paperwork involved.

SINGAPORE – Home owners looking to refinance their properties are finding it increasingly difficult to do so against the backdrop of falling property prices, stringent definitions of what constitutes income and the tedious paperwork involved.

Conservative property valuations also mean that only smaller loan amounts can be refinanced. With rising interest rates, more home owners are opting to switch from floating to fixed rates, or re-price to lower rates before the Sibor (Singapore interbank offered rate) spikes to a painful level.

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7 ways couples can manage their money without fighting

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By Daniel Tayconsultwho.sg

Couples often prefer to manage their money like how their parents did. However, a couple’s unique situation may require a style different from their parents’. Here are seven ways of managing couple finances:

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