Here's a diagram for those having difficulty understanding the latest property measure

MAS tightens residential mortgage tenure.

The Monetary Authority of Singapore (MAS) has capped all new residential property loans at 35 years wef 6 October 2012.

For loans to individuals, if the tenure exceeds 30 years or if the loan period extends beyond the retirement age of 65, the loan-to-value (LTV) will be capped at 40% if the borrower already has one or more outstanding residential mortgage, and 60% if he has none.

 

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