Property
Singapore — Property: Mortgage Availability
Foreigners can obtain mortgages for private property in Singapore, typically up to 70-75% Loan-to-Value (LTV) on a first private residential property (provided loan tenure is 30 years or less and ends before age 65), and lower LTV limits (around 50%) for subsequent properties. All loans are subject to the Total Debt Servicing Ratio (TDSR) cap of 55% of gross monthly income, stress-tested at a 4% interest rate — enforced by every MAS-licensed bank. Banks assess eligibility based on Singapore or global income, typically requiring 6-12 months of bank statements.
VerifiedGovernment / official sourceMonetary Authority of Singapore (MAS) — MSR/TDSR rulesLast reviewed: 2026-07-20
Key facts
- Foreigners can access up to 70-75% LTV on a first private residential property (30-year max tenure, ending before age 65).
- LTV drops to roughly 50% for subsequent properties.
- TDSR cap: 55% of gross monthly income across all debt obligations, stress-tested at a 4% interest rate — applies to every MAS-licensed bank.
- Banks assess eligibility based on Singapore or global income, typically requiring 6-12 months of bank statements.
Required documents
- 6-12 months of bank statements
- Proof of income (Singapore or global)
- Employment/income documentation
Common mistakes
- Assuming the same 70-75% LTV applies to a second property — the limit drops materially (to roughly 50%) for subsequent purchases.
- Underestimating how the 55% TDSR cap, stress-tested at 4%, constrains borrowing capacity relative to actual current interest rates.