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Asked by Mr. CH L 2 Apr 2014

According to MAS notice 645 para 6, MSR of EC bought directly from developer is 30%. How about MSR for resale EC between 5 to 10 years? limit to 60% or 30%?

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Andrew Ngauw · Answer 1 · 2014-04-08T23:44:36+08:00

Andrew Ngauw

Replied 8 Apr 2014

Dear Sir, For resale EC of 5-10yrs old, its considered as private resale and as such only TDSR of 60% will apply. Hope the above has clarified your query on applicable loan limits. Andrew Ngauw 8188 8887 andrew.ngauw@gps.com.sg GPS Alliance Pte Ltd Read More

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