30/09/2022
“New Property Cooling Measures” - 30 Sept 2022
1. Prudent Borrowing - FI
* MSR (Residential): 3.50% to 4%
* TDSR (Residential): 3.50% to 4%
* TDSR (Non- Residential): 4.50% to 5%
2. Prudent Borrowing - HDB
* HLE MSR: 2.60% to 3%
* LTV: 85% to 80%
HDB loan will continue to be priced at 0.10% + OA rate.
3. Moderate demand in HDB Resale Market
* Private property owner/ ex-private
property owner: to wait out 15 months,
prior to granting an option to purchase for
resale flat
Senior > 55 years old, downgrading to 4 room flat or smaller, will not be affected.
Kindly contact Ei-leen @ 80313693 to find out more ☎️
Ministry of National Development