Total Loans and advances to residents in Singapore totaled SG$866.1 billion in October, with building and construction loans contributing SG$179.7 billion, according to data released by the Monetary Authority of Singapore on Friday.
Loans to businesses stood at SG$523.6 billion, while consumer loans rose to SG$342.5 billion. Housing and bridging loans represented around SG$241.4 billion of the total.