You could say that the Singapore private property market has left many people puzzled. Despite Singapore seeing its worst recession in over 55 years, home sales and prices are rising across the board. HDB resale flats are at a 10-year high (volume wise), landed home sales are up 50 per cent, and private home prices continue a steady rise, quarter after quarter. Chalk it up to the reputation of Singapore properties as a safe-haven investment, or low interest rates (we detail it more here), but there’s no doubting the rising numbers. However, this situation also means it’s time to sound an alarm bell: that’s the often-overlooked risk of margin calls. While these are rare for mass-market properties, the potential of facing one rises along with the quantum; and particularly at stake at the high-end luxury and landed homes (both of which are more popular in this pandemic environment). What’s a margin call?...