Categories: 投资理财

CM 全籍: 1996 ~ 2013

CM太多,集中一下,方便大家查询:lol 从其它地方抄来;P
Singapore Property Measures – w.e.f. from 29 June 2013 MAS Introduces Total Debt Servicing Ratio (TDSR) framework for Property Loans The Monetary Authority of Singapore (MAS) have introduced a Total Debt Servicing Ratio (TDSR) framework for all property loans granted by financial institutions to individuals. A standardised set of guidelines to assess property buyers’ ability to borrow. This will require financial institutions to take into consideration borrowers’ other outstanding debt obligations when granting property loans. His total monthly repayments of his debt obligations should not exceed 60 per cent of his gross monthly income. The TDSR will apply to loans for the purchase of all types of property, loans secured on property and the re-financing of all such loans.
MAS will also refine rules related to the application of the existing Loan-to-Value (LTV) limits on housing loans. These refinements seek to ensure the effectiveness of the LTV limits that were put in place to cool investment demand in the housing market. In particular, they aim to prevent circumvention of the tighter LTV limits on second and subsequent housing loans.
In particular, MAS will require: borrowers named on a property loan to be the mortgagors of the residential property for which the loan is taken;”guarantors” who are standing guarantee for borrowers otherwise assessed by the financial institutions at the point of application for the housing loan not to meet the TDSR threshold for a property loan to be brought in as co-borrowers; andin the case of joint borrowers, that financial institutions use the income-weighted average age of borrowers when applying the rules on loan tenure.Sources : The Monetary Authority of Singapore (MAS)Singapore Property Measures – 8 March 2013 New Housing Measures For HDB Flat Minister for National Development Khaw Boon Wan announced in Parliament today several new housing measures to help first-timers, second-timers, divorcees, singles, and the elderly.
a) Extension of the Parenthood Provisional Housing Scheme (PPHS) to all first-timer married couples – To provide an additional housing option to first-timer married couples who are awaiting the completion of their BTO/SBF flats
b) Extension of the Parenthood Priority Scheme (PPS) to expectant mothers – To help first-timer married couples expecting children buy a home sooner
c) Quota of 2 and 3-room flats in non-mature estates Build-To-Order (BTO) flats for second-timers doubled from 15% to 30%; 5% of the 30% quota will be set aside for divorced/widowed second-timers with children below 16 – To help vulnerable second-timers right-size
d) Reduction in the time bar for divorced couples to each buy a subsidised flat from 5 to 3 years – To help divorced persons buy a subsidised flat earlier
e) New 2-room flats in non-mature estates for first-timer singles aged 35 and above, earning up to $5,000 monthly – To meet singles’ housing needs
f) Half of Studio Apartments set aside under Studio Apartment Priority Scheme (SAPS) – To provide greater assurance of success to elderly applicants right-sizing to a studio apartment (SA) near their current home, or near their married children
g) Two related measures on the subletting of HDB flats to non-citizen subtenants were also shared in Parliament: Plan to impose a quota on non-citizen subtenants renting entire HDB flats and bedrooms, andReduction of the maximum approved subletting period from 3 years to 1.5 years, for all new and renewal of HDB tenancy agreements involving non-citizensSources : Housing & Development Board (HDB)Singapore Property Measures – 25 Febuary 2013 (Budget 2013)Change Of Property Tax Structure The Government announced the introduction of progressive property tax rates for all residential properties from 1 Jan 2014 and 1 Jan 2015. The revised property tax structure will be phased in over two years starting from 1 January 2014.A) Owner-Occupied Residential Property TaxB) Non-Owner-Occupied Residential Property TaxC) Removing the Property Tax Refund Concession for Vacant Properties
With effect from 1 Jan 2014, the property tax refund concession for vacant properties (whether residential or not) will be removed. The tax treatment of all vacant properties will be streamlined as follows: a) Vacant residential properties will be taxed at the prevailing property tax rates for non-owner-occupied residential properties;b) However, residential properties undergoing repairs or building works for owner-occupation can be taxed at the owner-occupier property tax rates during the period of repairs or building works (for up to two years). This is provided that the property is owner-occupied for at least one year after the completion of the repairs or building works;c) Vacant non-residential buildings or those undergoing repairs to render them fit for occupation will be taxed at the prevailing property tax rate of 10% for non-residential buildings;d) Vacant land undergoing residential development for owner-occupation can be taxed at owner-occupier tax rates during the development period (for up to two years) if the property is owner-occupied for at least a year after the completion of the residential development. All other vacant land will continue to be taxed at 10% during the development period.e)The property tax treatment for residential properties undergoing demolition and reconstruction remains unchanged.
Sources : Inland Revenue Authority of Singapore (IRAS) Singapore Property Measures – 12 January 2013 A) Cooling Measures for the Residential Property Market The following measures will take effect on 12 January 2013:
1. Additional Buyer’s Stamp Duty (ABSD) rates will be: Raised between five and seven percentage points across the board.Imposed on Permanent Residents (PRs) purchasing their first residential property and on Singaporeans purchasing their second residential property.CitizenshipABSD Rate on
1st PurchaseABSD Rate on
2nd PurchaseABSD Rate on
3rd & Subsequent
PurchaseSingapore
CitizensExisting: NA
Revised: NAExisting: NA
Revised: 7%Existing: 3%
Revised: 10%Permanent
ResidentsExisting: NA
Revised: 5%Existing: 3%
Revised: 10%Existing: 3%
Revised: 10%Foreigners and nonindividuals
(corporate entities)Existing: 10%
Revised: 15%Existing: 10%
Revised: 15%Existing: 10%
Revised: 15%
2. Loan-to-Value limits on housing loans granted by financial institutions will be tightened for individuals who already have at least one outstanding loan, as well as to non-individuals such as companies.
3. Besides tighter Loan-to-Value limits, the minimum cash down payment for individuals applying for a second or subsequent housing loan will also be raised from 10% to 25%. 1st Housing Loan2nd Housing LoanFrom 3rd Housing
LoanLTV LimitExisting Rules
80%; or 60% if the
loan tenure is more
than 30 years or
extends past age 65Revised Rules
No changeExisting Rules
60%; or 40% if the
loan tenure is more
than 30 years or
extends past age 65Revised Rules
50%; or 30% if the
loan tenure is more
than 30 years or
extends past age 65Existing Rules
60%; or 40% if the
loan tenure is more
than 30 years or
extends past age 65Revised Rules
40%; or 20% if the
loan tenure is more
than 30 years or
extends past age 65Minimum
Cash
Down
PaymentExisting Rules
5% (for LTV of 80%)
10% (for LTV of 60%)Revised Rules
No changeExisting Rules
10%Revised Rules
25%Existing Rules
10%Revised Rules
25%Non-
Individual
BorrowersExisting LTV Limit
40%Revised LTV Limit
20%B) Cooling Measures Specific to Public Housing 1. Tighter eligibility for loans to buy HDB flats: MAS will cap the Mortgage Servicing Ratio (MSR) for housing loans granted by financial institutions at 30% of a borrower’s gross monthly income.For loans granted by HDB, the cap on the MSR will be lowered from 40% to 35%.2. PRs who own a HDB flat will be disallowed from subletting their whole flat.
3. PRs who own a HDB flat must sell their flat within six months of purchasing a private residential property in Singapore.
4. An additional measure will take effect on 1 July 2013 to tighten the terms for granting HDB loans and the use of CPF funds for the purchase of HDB flats with remaining leases of less than 60 years. Remaining
Lease
of HDB FlatUse of CPF fundsHDB Housing Loan> 60 yearsAllowed based on current
policy, i.e. status quo.Allowed based on current
policy, i.e. status quo.30 to 59 yearsAllowed, except for buyers
for whom the remaining
lease cannot cover them to
the age of at least 80.
The total CPF usage by the
household will be the prorated
Valuation Limit (VL)
based on the ratio of the
remaining lease when the
youngest buyer who can
use CPF turns 55 years old,
to the lease at point of
purchase.Allowed, if remaining lease
can cover the buyer* to the
age of at least 80.
Loan tenure will be the
shortest of: 30 years; 65 years
minus average age of buyers;
and balance lease at the point
of purchase minus 20 years.20- 29 yearsNot allowed.Allowed, if remaining lease
can cover the buyer* up to the
age of at least 80.
Loan tenure will be the
shortest of: 30 years; 65
minus average age of buyers;
and balance lease at the point
of purchase minus 20 years.