Housing Loan

Purchasing a property in Singapore can be a daunting task, especially when it comes to financing. Whether you're a first-time homebuyer or a seasoned property investor, understanding the financing options available to you is crucial to making the best decision for your financial future. In this guide, we'll take a look at the different ways to finance a property purchase in Singapore, what to look out for...

More potential home-buyers are coming forward to get in-principle approval for loans, even before committing to property purchases. Industry players say this has been the trend since the Total Debt Servicing Ratio (TDSR) framework was introduced in June this year. Banks are now doing more to help ease the demands on potential home buyers and give them peace of mind during their house hunt. For...

Property analysts said the new property loan curbs could cause housing demand to drop by up to 15 per cent over the next few months. On Friday evening, Singapore's central bank introduced a Total Debt Servicing Ratio (TDSR) framework and tighter Loan-to-Value (LTV) limits on housing loans. Analysts said these new rules, which take effect on Saturday, will hit property investors the...

The Monetary Authority of Singapore (MAS) has set new home loan rules which discourage lenders from making property loans that result in individual borrowers using more than 60 per cent of their monthly incomes to service debt. The central bank said in a statement on Friday that the new rules will take effect from Saturday. "The TDSR (total debt servicing ratio) will apply to loans for the purchase...

The Monetary Authority of Singapore could be about to slash the Mortgage Servicing Ratio (MSR) for private residential properties in a further bid to moderate home prices, PropertyGuru understands. The move, which sources have indicated will be announced imminently, is another bid to moderate home price growth which recorded a spike at the end of last year. The Urban Redevelopment Authority’s (URA)...

A SPIKE in the three-month Singapore interbank offered rate (Sibor) may spell higher housing loan rates for some, but mortgage experts say there is no cause for worry given the low base enjoyed by home owners for the past few months. The benchmark Sibor, the rate at which banks lend to each other, for three months fell as low as 1 per cent in August. Amid recent financial turbulence, it soared from 1.76...