Singapore sheds household debt as housing market slows: HSBC | / Property news / Singapore sheds household debt as housing market slows: HSBC

Singapore sheds household debt as housing market slows: HSBC

Fresh property news selection on August 6. 2019, Tuesday.

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Household debt as a share of Singapore’s GDP already fell below the 70% mark.

The high-debt markets of Singapore and Malaysia are leading their Southeast Asian peers in the decline of the stock of household debt as a share of GDP over the years, according to HSBC.

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