Changes at a glance
- 1. CHANGES AT A GLANCE Loan To Value Limits (LTV) 1st Housing Loan 2nd 3rd onwards Existing Rules 80% or *60% 60% or *40% 60% or *40% Revised Rules No Change 50% or *30% 40% or *20% *If the loan tenure is more than 30yrs Or extends past age 65
- 2. Minimum Cash Down payment Loan To Value Limits (LTV) 1st Housing Loan 2nd 3rd onwards Existing Rules 5% (for LTV of 80%) 10% 10% 10% (for LTV of 60%) Revised Rules No Change 25% 25%
- 3. Non-Individual Borrowers Loan To Value Limits (LTV) 1st Housing Loan 2nd 3rd onwards Existing LTV Limit 40% 40% 40% Revised LTV Limit 20% 20% 20%
- 4. Changes to ABSD 1st Purchase 2nd 3rd onwards Singapore Citizens Existing N/A N/A 3% Revised N/A 7% 10% Permanent Residents Existing N/A 3% 3% Revised 5% 10% 10% Foreigners/Non Individuals** Existing 10% 10% 10% Revised 15% 15% 15% **Corporate entities Sources: Ministry of National Development, Ministry of Trade & Industry, MAS