A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters
A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters

Singapore house prices fall, central bank offers homeowners mortgage relief

  • Property prices have declined 1.3 per cent this year, and the central bank has announced a freeze on mortgage payment and cuts to credit card rates
  • The latest loan relief adds to several other fiscal and monetary measures the city state is employing amid a coronavirus induced economic downturn

Topic |   Singapore
A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters
A man jogs past blocks of private flats at Tanjong Rhu in Singapore. Photo: Reuters
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