Singapore Lowers HDB Loan Limit to Stabilize Resale Market

New measures aim to curb high-end public housing demand and support first-time buyers with increased grants.

HDB loan-to-value limit reduced from 80% to 75% to align with financial institutions.
Move targets higher-end resale market to prevent price inflation and potential housing bubble.
Enhanced CPF Housing Grant increased to up to S$120,000 for families and S$60,000 for singles.
Previous rounds of cooling measures and increased flat supply have moderated price rises.
Government continues to monitor market dynamics and adjust policies to ensure affordability.