Just to get some views here as I have often heard that Banks generally do not ask for top up due to drop in valuation. But just read on yahoo that some owners have been asked to do so. Anyone has seen this happen before?
"Some fire sales last year occurred because buyers were asked by banks to top up their loans due to a decline in the valuation of their properties and instead of putting in additional cash, they decided to exit their investment, Han said."
Link:
https://sg.finance.yahoo.com/news/si...224157898.html