Prevo

Policy evolution

Medium-term interest rate floor, bank loans

  • Prevo records 1 structured Medium-term interest rate floor, bank loans rule change, effective from 30 September 2022 to 30 September 2022, in the available archive; earlier history may be incomplete.
  • The current recorded rule became effective on 30 September 2022.
  • The rule before 30 September 2022 is recorded as that change's "before" values, without a start date.
  • No conflicting records between consecutive versions.

Partial archive: 1 structured Medium-term interest rate floor, bank loans change in the available records. Earlier or unrecorded changes may exist; this is not a complete history.

Create evolution brief

Current recorded rule, 2 October 2026

ParameterValueStatus
purchase or mwl, residential4%In forceIn force from 30 September 2022, recorded on Singapore raises property-loan stress-test floors, cuts the HDB housing-loan LTV limit to 80%, and introduces a temporary 15-month HDB resale wait-out.
purchase or mwl, non residential5%In forceIn force from 30 September 2022, recorded on Singapore raises property-loan stress-test floors, cuts the HDB housing-loan LTV limit to 80%, and introduces a temporary 15-month HDB resale wait-out.

Rule versions

  1. Before

    Earliest recorded state

    The rule before 30 September 2022

    Valid from
    Start date not recorded
    Valid until
    Until 29 September 2022
    Authority
    Monetary Authority of Singapore, Ministry of National Development, Housing & Development Board

    Recorded as the "before" values of Singapore raises property-loan stress-test floors, cuts the HDB housing-loan LTV limit to 80%, and introduces a temporary 15-month HDB resale wait-out.

    View full rule
    purchase or mwl, residential
    3.5%
    purchase or mwl, non residential
    4.5%

    Source

    Joint MAS/MND/HDB media release: Measures to Promote Sustainable Conditions in the Property Market by Ensuring Prudent Borrowing and Moderating Demand

    Ministry of National Development · Primary source · Published 29 September 2022

    Open original source

    Event checked against its primary sources on 13 August 2026. Each claim keeps its own verification status.

    6 recorded corrections to this event's records (correction). Record corrections, not policy changes.

  2. 30 September 2022Current recorded rule
    Announced
    29 September 2022
    Effective
    30 September 2022
    Valid from
    30 September 2022
    Valid until
    Until superseded: no later recorded change
    Authority
    Monetary Authority of Singapore, Ministry of National Development, Housing & Development Board

    2 parameters changed, 0 newly recorded, 0 unchanged.

    ParameterPreviousNew
    purchase or mwl, residential3.5%4%
    purchase or mwl, non residential4.5%5%
    Compare with previous
    • Changed purchase or mwl, residential: 3.5% to 4%
    • Changed purchase or mwl, non residential: 4.5% to 5%
    • 0 unchanged, not listed.
    View full rule
    purchase or mwl, residential
    4%
    purchase or mwl, non residential
    5%

    Source

    Joint MAS/MND/HDB media release: Measures to Promote Sustainable Conditions in the Property Market by Ensuring Prudent Borrowing and Moderating Demand

    Ministry of National Development · Primary source · Published 29 September 2022

    Open original source

    Event checked against its primary sources on 13 August 2026. Each claim keeps its own verification status.

    6 recorded corrections to this event's records (correction). Record corrections, not policy changes.

    Observed around this change (365 days)
    • Singapore private residential transactions, all types of sale: 20,079 before, 13,097 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Private Residential Property Price Index, All Residential: 180.9 before, 194.4 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Private residential units sold, all segments (uncompleted plus completed): 7,240 before, 4,073 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Uncompleted private residential units launched, all segments: 4,844 before, 4,190 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • HDB Resale Price Index: 163.9 before, 176.2 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Price index of non-landed private residential properties, Core Central Region: 141.2 before, 146.5 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Price index of non-landed private residential properties, Outside Central Region: 208.4 before, 225 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Price index of non-landed private residential properties, Rest of Central Region: 193.3 before, 208.6 after (Q4 2021, Q1 2022, Q2 2022 | Q4 2022, Q1 2023, Q2 2023)
    • Observed around the change, not attributed to it. The full view is on the before and after page.