MAS Notice 1106A Residential Property Loans Fact Sheet

Notices

Last Revised Date: 14 December 2022

Information merchant banks must include in the required fact sheet to borrowers before granting a residential property loan.

Property Loans

Issued pursuant to:

Banking Act (Cap. 19) section 55

Applies to:

Merchant Bank (Locally Incorporated)

,

Merchant Bank (Branch)

View Notice

Notice 1106A Residential Property Loans – Fact Sheet

(332.6 KB)

This notice applies to all merchant banks in Singapore. Merchant banks are required to provide and explain a fact sheet to borrowers stating key information such as the tenure of the residential property loan, loan amount and repayment schedule.

This notice outlines the information to include in the fact sheet and how it should be delivered and explained to the borrower through different channels.

For further guidance on the revised MAS Notice 1106A, please refer to Frequently Asked Questions (3 April 2023) (153.2 KB) .

15 Dec 2022

MAS Notice 1106A (Amendment) 2022 dated 14 December 2022 (995.5 KB) takes effect.

01 Jul 2021

MAS Notice 1106A dated 28 June 2021 (981.9 KB) takes effect. MAS Notice 1106A dated 12 December 2017 (189 KB) is cancelled.

01 Jan 2018 MAS Notice 1106A dated 12 December 2017 takes effect. MAS Notice 1106A dated 19 January 2016 (last revised on 29 September 2016) is cancelled.

01 Nov 2016

MAS Notice 1106A (Amendment) 2016 (212.8 KB) dated 29 September 2016 takes effect.

01 Apr 2016

MAS Notice 1106A dated 19 January 2016 (356 KB) takes effect. MAS Notice 1106A dated 30 November 2011 (625 KB) is cancelled.

01 Mar 2012

MAS Notice 1106A dated 30 November 2011 (625 KB) takes effect.