Government imposes new curbs on property buys through debt servicing framework

[hyom]

how is singapore household debt to GDP at 279%?

Singapore 2012 GDP is 345 billion
I take singapore household debt to be 2013 Q1 Liability under household balance sheet, which is 267 billion

the ratio i got is 0.77

You are sharp. You took the data straight from the source while people like me assume that if the source is from UBS, it must be true. Felt like a fool to conduct analysis based on faulty data.

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Singapore's household debt - total consumer loans of Domestic Banking Units - stood at 279 per cent of the total gross domestic product in the first quarter of this year, up from 177 per cent in the corresponding quarter in 2007.

Thanks. Another sharper fellow.