Not all is rosy in Singapore’s housing market. Illustration: SCMP

Singapore’s worrying trend of homeowners defaulting on mortgages

  • Even as new home launches are seeing brisk demand, the number of homeowners in the Lion City defaulting on their mortgages is on the rise
  • Amid a rise in mortgagee sales and a slowing economy, private homes continue to be built, prompting analysts to warn of an oversupply
Topic |   Singapore

TOP PICKS

Not all is rosy in Singapore’s housing market. Illustration: SCMP
READ FULL ARTICLE