The document outlines changes to loan-to-value (LTV) limits and additional buyer's stamp duty (ABSD) in Singapore. Revised LTV limits for first housing loans remain unchanged, while 2nd and 3rd loans see reductions in percentage limits, and minimum cash down payments are increased. Additionally, the document provides updated ABSD rates for Singapore citizens, permanent residents, and foreigners/non-individuals, with significant increases for second and third property purchases.

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