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Singapore Property HDB Flat, Private House, Apartment, Land etc...
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FAQ:

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*How many years for my flat to met the resale eligibility criteria  of  Minimum Occupation Period (MOP)我的非津贴组屋必须住满几年方能出售?

Answer: 

Resale Flat bought in the open market (without CPF Housing Grant Scheme)

a)Resale application submitted before 4 March 2010三月四日之前= 
HDB loan 贷款 者 2.5 years 年,其他 no HDB loan 1 年

b)三月 5 March to  八月 29 Aug2010 之间= 3 years 年,

c)after 30 Aug 2010 八月三十日之后 = 5 years 年.

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*What is the current Seller’s Stamp Duty (SSD)?

Answer: SSD rates  for residential properties which are bought on or after 14 January 2011, and are sold in the first, second, third and fourth year of purchase = 16%, 12%, 8% and 4%  respectively.

SSD rates  for industrial properties which are bought on or after 12 January 2013, and are sold in the first, second and third  year of purchase = 15%, 10% and 5%   respectively.

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*What is the current Loan-To-Value (LTV) limit ?

The measures will take effect on 12 Jan 2013

Limit of 35 years on the tenure of all loans for residential property

IF tenure exceeds 30 years; or

the loan period extends beyond the retirement age of 65 years.

For these loans, the LTV limit will be:

40%  30%for a borrower with one or more outstanding residential property loans

 and

60% 50% for a borrower with no outstanding residential property loan.

MAS will also lower the LTV ratio for residential property loans to non-individual borrowers from 40%  to 20% 

 

*What is the previous Loan-To-Value (LTV) limit  for first house loan?

Answer: 

  from 14 January 2011:

a) 50% on housing loans granted by financial institutions regulated by MAS for property purchasers who are not individuals1.

b)60% for property purchasers who are individuals with one or more outstanding housing loans2 at the time of the new housing purchase.

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from 06 Oct 2012:

a) 40% on housing loans granted by financial institutions regulated by MAS for property purchasers who are not individuals1.

b)60% for property purchasers who are individuals with one or more outstanding housing loans2 at the time of the new housing purchase.


c)40% for property purchasers who are non- individuals

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from 12 Jan 2013:

a) 30% on housing loans granted by financial institutions regulated by MAS for property purchasers who are not individuals1.

b)50% for property purchasers who are individuals with one or more outstanding housing loans2 at the time of the new housing purchase.

c)20% for property purchasers who are non-individuals



从2013年1月12日起

*所有住宅贷款不得超过35年
30年或65岁以下=80%,以上不得超过60%
第二住宅贷款
30年或65岁以下=50%,以上不得超过30%

*所有非个人住宅贷款 LTV 不得超过20%

*额外买方印花税(ABSD):
公民=第二套房7%,第三套房10%
PR=第一套房5%,第二套房10%,第三套房10%

非个人或外国人=第一套房15%,第二套房15%,第三套房15%

*工业厂房卖方印花税:1st year=15%, 2nd=10%, 3rd=5%

*住宅卖方印花税:1st year=16%, 2nd=12%, 3rd=8%,4th=4%,5th=0%

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 Additional buyer's stamp duty 




For purchases made jointly by two or more parties (eg a Singaporean with a PR, or a PR with a foreigner), the higher applicable ABSD rate will be imposed

 Additional stamp duty:  

From 8 Dec  2011 for private property

  • Foreigners – 10%

  • Non-individuals (companies and associations) – 10%

  • Permanent Residents buying a SECOND and subsequent home  - 3%

  • Singaporeans buying a THIRD and subsequent home – 3%  
    ==============================

    From 12 Jan  2013 for all residential property

    • Foreigners =15%

    • Non-individuals (companies and associations) =15%

    • Permanent Residents buying a FIRST HOME=5%, SECOND and subsequent home  = 10%

    • Singaporeans buying a SECONARY=7%,THIRD and subsequent home = 10%  
      ==============================

The additional stamp duty is in addition to the existing 3%.

The ABSD will be imposed over and above the current Buyer's Stamp Duty, which are 1 per cent on the first $180,000 of purchase consideration or market value of the property (whichever is higher), 2 per cent on the next $180,000 and 3 per cent for the remainder.

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