A survey on potential home owners in Singapore found that older home buyers were more likely to use bank loans to finance their residential property purchase compared to younger home buyers. Other sources of loans available for potential home buyers include taking a loan from the Housing Development Board, which manage public housing in Singapore.
Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation
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PropertyGuru Group. (August 24, 2021). Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation [Graph]. In Statista. Retrieved May 06, 2024, from https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/
PropertyGuru Group. "Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation." Chart. August 24, 2021. Statista. Accessed May 06, 2024. https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/
PropertyGuru Group. (2021). Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation. Statista. Statista Inc.. Accessed: May 06, 2024. https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/
PropertyGuru Group. "Share of Home Buyers Who Preferred Using Bank Loans to Finance Their Residential Property in Singapore as of July 2021, by Generation." Statista, Statista Inc., 24 Aug 2021, https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/
PropertyGuru Group, Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation Statista, https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/ (last visited May 06, 2024)
Share of home buyers who preferred using bank loans to finance their residential property in Singapore as of July 2021, by generation [Graph], PropertyGuru Group, August 24, 2021. [Online]. Available: https://www.statista.com/statistics/1268625/singapore-bank-loan-preference-among-home-buyers/