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DBS expects its property-related foreclosures to remain in low single digit until end-2023
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Foreclosures happen as a last resort when an owner is unable to service his loan and the bank repossesses the property.
ST PHOTO: LIM YAOHUI
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SINGAPORE – Property-related foreclosures are at a record low at DBS, said the bank, and it is confident that the numbers will remain in the low single digit until year end.
Foreclosures happen as a last resort when an owner is unable to service his loan and the bank repossesses the property.
