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Changes at a glance
- 1. SUMMARY OF CHANGES TO THE LAWS OF PROPERTY PURCHASE IN SINGAPORE While every effort is made to ensure accuracy, SingaporeMortgageLoans.com, does not guarantee that the information provided is 100% accurate
- 2. 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% S *If the loan tenure is more than 30yrs Or extends past age 65 While every effort is made to ensure accuracy, SingaporeMortgageLoans.com, does not guarantee that the information provided is 100% accurate
- 3. 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% While every effort is made to ensure accuracy, SingaporeMortgageLoans.com, does not guarantee that the information provided is 100% accurate
- 4. 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% While every effort is made to ensure accuracy, SingaporeMortgageLoans.com, does not guarantee that the information provided is 100% accurate
- 5. 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 For more Information please visit our website at: www.SingaporeMortgageLoans.com While every effort is made to ensure accuracy, SingaporeMortgageLoans.com, does not guarantee that the information provided is 100% accurate