Chart of the Day: Singapore housing loan growth sluggish at 0.4%

As overall loan growth rose 6.4%.

According to Barclays, loan growth was driven by the general commerce and business sector (i.e. trade finance) up 6.4%, while housing loan growth slowed to 0.4% m/m in May.

On 28 June 2013, The MAS introduced a Total Debt Servicing Ratio (TDSR) 60% limit on property loans to individuals and fine tuned loan to value (LTV) limits on housing loans to prevent circumvention of tighter LTV limit on second and subsequent housing loans.

Here's more from Barclays:

We believe the latest measures will further strength credit underwriting standards of the banks.

As loan growth (1.2% m/m) again outpaced deposit growth of (0.5% m/m), system (ACU+DBU) loan to deposit ratio rose to 99.8%, another record high since 1999. ACU LDR reached 109.8% while DBU LDR reached 97.8%. Despite the high LDR, we believe Singapore is still one of the most resilient markets in EM Asia to liquidity outflows

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia