Singapore has implemented multiple cooling measures to ensure a stable property market and prevent speculative buying. Here are the main measures in detail: Loan-to-Value (LTV) Limits Additional Buyer’s Stamp Duty (ABSD) Total Debt Servicing Ratio (TDSR) Seller’s Stamp Duty (SSD) Mortgage Servicing Ratio (MSR)- PR/ Singaporean ony Property Loan Tenure Limits Foreign Ownership Restrictions Complete step by step guide to Singapore property investment

Determines the maximum loan a buyer can take relative to the property price. Example: A first-time Singaporean buyer can borrow up to 75% of the property value; buyers with an existing loan can borrow less (45–55%). Purpose: Prevents over-borrowing and reduces financial risk. Complete step by step guide to Singapore property investment

Extra tax on top of the standard Buyer’s Stamp Duty (BSD). Singapore citizens: 0% first property, 17% second, 25% third/subsequent. Singapore PRs: 5% first, 25% second, 30% third/subsequent. Foreigners: 60% for any residential property. ( Non- ETA member ) Foreigners: 0% for any residential property. ( FTA member ) - Citizen from USA, Norway, Switzerland, Iceland, Liechtenstein ) Complete step by step guide to Singapore property investment

Limits total debt repayments to 55% of gross monthly income, covering all loans (mortgages, car loans, personal loans). Purpose: Prevents over-leveraging and ensures affordability. Complete step by step guide to Singapore property investment

Tax on sellers who dispose of property within a set period to curb flipping. Sold within 1 year: 12% of property price Sold within 2 years: 8% Sold within 3 years: 4% After 3 years : 0% - Dated from the OTP date Complete step by step guide to Singapore property investment

Caps mortgage duration to reduce financial strain. Example: Maximum 35 years or until age 65–75 (whichever is lower). Complete step by step guide to Singapore property investment

Certain properties (e.g., landed homes, some executive condos) restricted to Singaporeans/PRs. Purpose: Preserves affordability for locals and controls foreign-driven demand. Complete step by step guide to Singapore property investment