Notices
 Last Revised Date: 28 June 2021

Notice 1106 Residential Property Loans

Rules for merchant banks when granting residential property loans to individuals and non-individuals.

Issued pursuant to:

Banking Act (Cap. 19) section 55

Applies to: Merchant Bank (Locally Incorporated) , Merchant Bank (Branch)
View Notice Notice 1106 Residential Property Loans (676.6 KB)

This notice applies to all merchant banks in Singapore. It sets out the rules for merchant banks to comply with when granting residential property loans, including limits on loan amount, conditions for loans, and tenure of credit and refinancing facilities. 

See explainers:

Amendment Notes

1 Jul 2021
 MAS Notice 1106 (676.6 KB) takes effect.

18 Feb 2020
MAS Notice 1106 (Amendment) 2020 (551.6 KB) takes effect.

06 Jul 2018
MAS Notice 1106 (Amendment) 2018 (571 KB) takes effect.

10 Feb 2014
MAS Notice 1106 (Amendment) 2014 takes effect. MAS Notice 1106 last revised on 10 February 2014 (333.9 KB).

28 Aug 2013
MAS Notice 1106 dated 27 August 2013 takes effect.
28 Aug 2013
MAS Notice 1106 dated 13 January 2011 and last revised on 28 June 2013 is cancelled.