Regulatory Alerts2020-11-06
Added
MAS Notice 825B Residential Property Loans
The Monetary Authority of Singapore issued Notice 825B to regulate residential property loans granted by finance companies. The notice establishes mandatory requirements for new and refinanced loans, specifically enforcing loan-to-value limits and loan tenure rules. These regulations apply to all finance companies operating in Singapore to ensure prudent lending practices.
Notices
Last Revised Date: 06 November 2020
Rules for finance companies when granting residential property loans to individuals and non-individuals.
Property Loans
Issued pursuant to:
Finance Companies Act (Cap. 108) section 30
Applies to:
Finance Company
View Notice
Notice 825B Residential Property Loans
(101 KB)
This notice applies to all finance companies in Singapore. It sets out the requirements for finance companies to comply with when granting new and refinanced residential property loans, including loan-to-value limits and loan tenure rules.
09 Nov2020 MAS Notice 825B (Amendment No. 3) 2020 (107.5 KB) takes effect.
06 May 2020 MAS Notice 825B (Amendment No. 2) 2020 (262.5 KB) takes effect.
06 Apr 2020 MAS Notice 825B (Amendment) 2020
(261.1 KB) takes effect.
18 Feb 2020 MAS Notice 825B dated 17 Feb 2020 takes effect.