MAS new regulation from 6 Oct 2012 onwards. Summary by Home Loan Singapore Pte Ltd: 1. Max Loan Tenure Capped at 35 yrs. 2. 80% for 1st property if loan tenure lesser than 30 yrs or below 35yrs, 3. 60% loan for 1st property if loan tenure more than 30yrs or exceeds 65 years old. 4….
Allow singles to buy but …
Analysts propose restrictions, sociologists ask for housing policies to be delinked from Government’s pro-family stance by Woo Sian Boon Updated 12:29 PM Aug 28, 2012 SINGAPORE – Allow singles to buy a new Build-to-Order (BTO) flat with another single friend or relative. Limit the sizes of the flats that singles can buy directly from the…