Regulatory Alerts2025-08-21
Added
Notice 115 Residential Property Loans
The Monetary Authority of Singapore issues Notice 115 to establish regulatory rules for direct insurers granting residential property loans to individuals and non-individuals. The notice mandates compliance with specific limits on loan amounts, conditions for loans, and tenure of credit and refinancing facilities. These requirements apply to all insurers in Singapore under the Insurance Act 1966.
Notices
Last Revised Date: 21 August 2025
Rules for insurers when granting residential property loans to individuals and non-individuals.
Property Loans
Issued pursuant to:
Insurance Act 1966
Applies to:
Direct Insurer (Life)
,
Direct Insurer (General)
,
Direct Insurer (Composite)
View Notice
Notice 115 Residential Property Loans
(241.8 KB)
This notice applies to all insurers in Singapore. It sets out the rules for insurers to comply with when granting residential property loans, including limits on loan amount, conditions for loans, and tenure of credit and refinancing facilities.
See explainers:
Rules for New Housing Loans
Mortgage Equity Withdrawal Loan Rules
Refinancing Housing Loans
22 Aug2025 Notice 115 (Amendment No. 2) 2025 (255.6 KB) takes effect.
06 Apr 2020 Notice 115 (Amendment No. 2) 2020 (549.4 KB) takes effect.
18 Feb 2020 Notice 115 (Amendment) 2020 (548.7 KB) takes effect.
06 Jul 2018 Notice 115 (Amendment) 2018 (569.9 KB) takes effect.
12 Dec 2017 Notice 115 (Amendment 2) 2017 (205.5 KB) takes effect. 10 Mar 2017 Notice 115 (Amendment) 2017 (131 KB) takes effect from 11 Mar 2017. 10 Feb 2014 Notice 115 (Amendment) 2014 (331.9 KB) takes effect.