14/03/2025
SINGAPORE: In a move to cool Singapore’s public housing resale market, the maximum loan that home buyers can take from the Housing and Development Board (HDB) will be tightened from Tuesday (Aug 20).
This was announced late on Monday by HDB and the Ministry of National Development (MND) in a joint media release, which also provided details of the increase in the Enhanced CPF Housing Grant. Eligible first-time home buyers can get up to S$120,000 in support.
First-time home buyers, especially lower-income households, will be less affected by the lower LTV limit as they receive significant housing grants, say the authorities.