Interest rate on credit cards in singapoe has always been around 24%, and that's when fixed deposits pay only 2% a year. Last i heard some local banks are now willing to finance only up to 60% of the purchase price of homes. Anyone here buys a home on 40% cash outfront? 
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대한민국. com SouthKorea.com
http://en.wikipedia.org/wiki/South_Korea
Last edited by touchring : 05-03-2008 at 03:26 PM.
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