{"ok":true,"verifiedOn":"2026-08-01","count":14,"note":"Each record is an independently citable assertion. Cite the `authority` alongside the figure. Re-verify anything more than 90 days past `verifiedOn`. Individual facts are also addressable at /api/v1/rates/{id} for direct citation.","ids":["tdsr-cap","msr-cap","stress-rate-residential","ltv-first-loan","bsd-residential-schedule","absd-citizen","absd-pr","absd-foreigner","absd-entity","ssd-residential","cpf-oa-interest","hdb-mop","absd-remission-window","ec-privatisation"],"result":[{"id":"tdsr-cap","title":"TDSR: the 55% total debt servicing ratio cap","question":"What is the TDSR limit in Singapore?","statement":"The Total Debt Servicing Ratio caps a borrower's total monthly debt obligations at 55% of gross monthly income.","value":"55","unit":"percent","authority":"MAS","sourceUrl":"https://www.mas.gov.sg/regulation/explainers/what-is-tdsr","verifiedOn":"2026-08-01","appliesTo":"All property loans from financial institutions in Singapore.","commonError":"Treating TDSR as applying only to the mortgage. It includes car loans, personal loans, student loans and credit card minimums."},{"id":"msr-cap","title":"MSR: the 30% mortgage servicing ratio cap","question":"What is the MSR, and when does it apply instead of TDSR?","statement":"The Mortgage Servicing Ratio caps the property loan instalment at 30% of gross monthly income.","value":"30","unit":"percent","authority":"MAS","sourceUrl":"https://www.mas.gov.sg/regulation/explainers/what-is-tdsr","verifiedOn":"2026-08-01","appliesTo":"HDB flats and Executive Condominiums purchased directly from the developer. Applies in addition to TDSR; the tighter of the two governs.","commonError":"Assuming MSR applies to private property. It does not — but where it does apply it is almost always the binding constraint, not TDSR."},{"id":"stress-rate-residential","title":"The 4% mortgage stress-test rate","question":"What interest rate do Singapore banks use to assess a home loan?","statement":"Banks must compute the mortgage portion of TDSR and MSR using a medium-term interest rate floor of 4% per annum for residential property, regardless of the rate actually offered.","value":"4.0","unit":"percent","authority":"MAS","sourceUrl":"https://www.mas.gov.sg/regulation/explainers/what-is-tdsr","verifiedOn":"2026-08-01","appliesTo":"Residential property loans. Non-residential uses 4.5%.","commonError":"Budgeting from the quoted promotional rate. Approved loan quantum is set by the stressed rate, which is typically 20–25% lower."},{"id":"ltv-first-loan","title":"LTV: 75% on a first housing loan","question":"How much can I borrow for my first property in Singapore?","statement":"A bank loan for a first housing loan is capped at 75% loan-to-value, with at least 5% of the purchase price paid in cash.","value":"75","unit":"percent","authority":"MAS","sourceUrl":"https://www.mas.gov.sg/regulation/explainers/what-is-tdsr","verifiedOn":"2026-08-01","appliesTo":"First outstanding housing loan. Second concurrent loan drops to 45% LTV, third or subsequent to 35%, each requiring 25% cash.","commonError":"Treating 75% LTV as an entitlement. It is a ceiling — the actual quantum is the lower of the LTV cap and what TDSR will fund."},{"id":"bsd-residential-schedule","title":"Buyer's Stamp Duty: the marginal residential schedule","question":"How is Buyer's Stamp Duty calculated in Singapore?","statement":"Buyer's Stamp Duty on residential property is tiered and marginal: 1% on the first S$180,000, 2% on the next S$180,000, 3% on the next S$640,000, 4% on the next S$500,000, 5% on the next S$1.5 million, and 6% above S$3 million.","value":"1/2/3/4/5/6","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/buyer-stamp-duty-bsd","verifiedOn":"2026-08-01","appliesTo":"Residential property. Non-residential follows the same schedule to S$1.5m then stays flat at 5% with no 6% band.","commonError":"Applying one rate to the whole price. The bands are marginal — BSD on S$1.8m is S$59,600, an effective 3.31%, not 5%."},{"id":"absd-citizen","title":"ABSD for Singapore Citizens: 0%, 20%, 30%","question":"How much ABSD does a Singapore Citizen pay?","statement":"Singapore Citizens pay 0% Additional Buyer's Stamp Duty on a first residential property, 20% on a second, and 30% on a third or subsequent property.","value":"0/20/30","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer-stamp-duty-absd","verifiedOn":"2026-08-01","appliesTo":"Singapore Citizens acquiring residential property.","commonError":"Forgetting ABSD is a flat percentage of the FULL price, not tiered. On a S$1.8m second property it is S$360,000 — roughly six times the BSD."},{"id":"absd-pr","title":"ABSD for Permanent Residents: 5%, 30%, 35%","question":"How much ABSD does a Singapore PR pay?","statement":"Singapore Permanent Residents pay 5% ABSD on a first residential property, 30% on a second, and 35% on a third or subsequent property.","value":"5/30/35","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer-stamp-duty-absd","verifiedOn":"2026-08-01","appliesTo":"Singapore Permanent Residents acquiring residential property."},{"id":"absd-foreigner","title":"ABSD for foreigners: 60%, and the FTA exemption","question":"How much ABSD does a foreigner pay in Singapore?","statement":"Foreign buyers pay 60% Additional Buyer's Stamp Duty on residential property. Nationals of the United States, Switzerland, Liechtenstein, Norway and Iceland receive Singapore-citizen treatment under free trade agreements.","value":"60","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer-stamp-duty-absd","verifiedOn":"2026-08-01","appliesTo":"Foreign persons acquiring residential property, subject to the FTA exemption.","commonError":"Missing the FTA exemption. It turns on nationality, not residence, and is worth S$1.2m on a S$2m purchase."},{"id":"absd-entity","title":"ABSD for entities and trusts: 65%","question":"How much ABSD does a company or a trust pay?","statement":"Entities and trusts pay 65% Additional Buyer's Stamp Duty on residential property.","value":"65","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer-stamp-duty-absd","verifiedOn":"2026-08-01","appliesTo":"Entities and trusts acquiring residential property."},{"id":"ssd-residential","title":"Seller's Stamp Duty: the four-year holding window","question":"How long must I hold a Singapore property to avoid SSD?","statement":"Seller's Stamp Duty applies to residential property sold within the holding period. For property acquired on or after 4 July 2025 the window is four years at 16%, 12%, 8% and 4%; property acquired earlier uses a three-year window at 12%, 8% and 4%.","value":"16/12/8/4","unit":"percent","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/selling-or-disposing-property/seller-s-stamp-duty-ssd-for-residential-property","effectiveFrom":"2025-07-04","verifiedOn":"2026-08-01","appliesTo":"Residential property. The applicable schedule turns on the ACQUISITION date.","commonError":"Using the wrong schedule. Which window applies depends on when you bought, not when you sell."},{"id":"cpf-oa-interest","title":"CPF accrued interest at 2.5% a year","question":"What is CPF accrued interest, and must I refund it on sale?","statement":"CPF Ordinary Account savings earn a floor interest rate of 2.5% per annum. Amounts withdrawn for property must be refunded on sale together with the accrued interest they would have earned.","value":"2.5","unit":"percent","authority":"CPF Board","sourceUrl":"https://www.cpf.gov.sg/member/growing-your-savings/earning-interest-on-your-savings","verifiedOn":"2026-08-01","appliesTo":"CPF Ordinary Account balances and the accrued-interest refund on property sale.","commonError":"Budgeting the sale proceeds as cash. The CPF refund plus accrued interest returns to the OA, not to your bank account — it is the single most underestimated figure in an upgrade."},{"id":"hdb-mop","title":"The five-year HDB Minimum Occupation Period","question":"How long is the HDB Minimum Occupation Period?","statement":"The Minimum Occupation Period for an HDB flat is generally five years from key collection, excluding any period the flat was not physically occupied.","value":"5","unit":"years","authority":"HDB","sourceUrl":"https://www.hdb.gov.sg/residential/selling-a-flat/eligibility","verifiedOn":"2026-08-01","appliesTo":"HDB flats. Until MOP is fulfilled the flat cannot be sold on the open market and private residential property cannot be purchased."},{"id":"absd-remission-window","title":"The six-month ABSD remission window","question":"Can I get my ABSD refunded if I sell my first property?","statement":"A Singapore Citizen married couple who buy a second residential property before selling their first may apply to IRAS for remission of the ABSD paid, provided the first property is sold within six months of the second purchase completing.","value":"6","unit":"months","authority":"IRAS","sourceUrl":"https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer-stamp-duty-absd","verifiedOn":"2026-08-01","appliesTo":"Singapore Citizen married couples upgrading, subject to all conditions being met.","commonError":"Assuming the remission is automatic. It is an application with conditions, and the six-month clock does not care why it was missed."},{"id":"ec-privatisation","title":"EC privatisation at eleven years","question":"When can a foreigner buy an Executive Condominium?","statement":"An Executive Condominium becomes fully privatised eleven years after completion, at which point foreigners may purchase it.","value":"11","unit":"years","authority":"HDB","sourceUrl":"https://www.hdb.gov.sg/residential/buying-a-flat/finding-a-flat/types-of-flats","verifiedOn":"2026-08-01","appliesTo":"Executive Condominiums. MOP is 5 years; the unit may be sold to Singapore Permanent Residents from year 5 and to foreigners from year 11."}]}