Notices
 Last Revised Date: 29 November 2013

Notice 633 Bridging Loans for the Purchase of Immovable Properties

Conditions banks must meet when disbursing bridging loans for property to individuals.

Issued pursuant to:

Banking Act (Cap. 19) section 55

Applies to: Full Bank (Locally Incorporated) , Full Bank (Branch) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated)
View Notice Notice 633 Bridging Loans for the Purchase of Immovable Properties (241 KB)

This notice applies to all banks. It sets out the requirements for banks granting bridging loans to individuals, including bridging loans to be used for the purchase of an HDB flat.

Amendment Notes

01 Dec 2013
MAS Notice 633 (241 KB) dated 29 November 2013 takes effect.
01 Dec 2013
MAS Notice 633 dated 01 April 2010 is cancelled.
07 Apr 2010
MAS Notice 633 dated 01 January 2003 takes effect.