SINGAPORE - The property market fever is largely attributed by residents in the northern and eastern parts of Singapore as stated by Credit Bureau Singapore

People in the parts of Tampines, Katong, Bishan and Ang Mo Kio took out two or more property loans.

In top spot some 3,263 consumers from Hougang, Punggol and Serangoon Gardens charts the multiple loans list

Hillview cluster saw the biggest spike of 78.8 per cent while in all top five districts, the cluster grew more than 50% from last year

They are now 38,520 borrowers this year compared to 23,541, a jump of 64 per cent

The number of new property loans approved also increased by 12 per cent to 50,514 approvals