MAS Total Debt Servicing Ratio (TDSR) Rules w.e.f 29 June 2013

1. Consider monthly repayment of new loan & all existing debt
2. Applies to all home loans for the purchase of SIngapore & overseas properites (individual & companies)
3. TDSR is capped at 60%
4. Calculation of new loan repayments using 3.5% for residential property loans
5. All borrowers to be mortgagers
6. Guarantors to be co-borrowers
7. Income-weighted average age of borrowers to be used for joint borrowing
8. Discount variable income & bonuses by at least 30% ("haircut")
9. Asset based lending needs to be pledged

Current Singapore Property Investment Ruling w.e.f 12 Jan 2013

SSD rates imposed on industrial properties & land bought & sold within 3 years of the date of purchase:

a) 15% if the property is sold in the first year of purchase

b) 10% if the property is sold in the second year of purchase

c)  5% if the property is sold in the third year of purchase 

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Lawrence Poh
Real Estate Entrepreneur and Investor
CEA Licence No.:
L3008022J / R028125I
+(65) 9388 7807