WhatsAppNew Rules and Regulation
Singapore Property Market · August 2026 Update
EC household income ceiling raised to S$18,000
The monthly household income ceiling for eligible buyers of new Executive Condominium units has increased from S$16,000 to S$18,000, subject to the applicable land-sale tender date.
For new units in EC projects where the land-sale tender closes on or after 24 August 2026.
The revised ceiling does not apply to balance units in existing ECs or new units in ECs with land-sale tenders awarded before 24 August 2026.
The ceiling is based on the total income of all persons listed in the EC application. The property developer will guide buyers on the supporting income documents required.
Effective from 24 August 2026. Eligibility remains subject to all prevailing HDB Executive Condominium conditions.
SSD
Seller's Stamp DutyFor residential property bought on or after 4 July 2025, rates are 16%, 12%, 8% and 4% when sold within the first, second, third and fourth year respectively.
BSD
Buyer's Stamp DutyResidential BSD is progressive: 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% on the remainder.
Calculated on the purchase price or market value, whichever is higher.ABSD
Additional Buyer's Stamp DutyCurrent headline residential rates include: Singapore Citizens—first home 0%, second 20%, third and subsequent 30%; Permanent Residents—5%, 30% and 35%; foreigners—60%.
TDSR
Total Debt Servicing RatioTotal monthly debt repayments, including the proposed housing loan, generally cannot exceed 55% of gross monthly income.
Other conditions and exemptions may apply.LTV
Loan-to-Value LimitEligible first housing loans may finance up to 75% of the lower of purchase price or valuation. Lower limits can apply based on outstanding housing loans, loan tenure and borrower age.
The approved loan amount also remains subject to income and credit assessment.Information is a general guide based on prevailing published rules as at August 2026. Individual eligibility, exemptions, remissions and loan approval may differ.