Updated September 2026. Rules, rates and eligibility can change. Use current HDB, CPF, IRAS, MAS, SLA and URA information for the exact transaction.
A current Singapore property glossary
- Option to Purchase
- The contractual option used in a property transaction. Its form, period and consequences depend on the property type and agreed terms.
- Loan-to-value
- The maximum loan expressed as a percentage of value or price, subject to current rules and the borrower's circumstances.
- Total Debt Servicing Ratio
- A borrowing assessment that considers monthly debt obligations against income under prevailing requirements.
- Mortgage Servicing Ratio
- A housing-loan assessment applying to specified property types under prevailing requirements.
- Buyer's Stamp Duty and Additional Buyer's Stamp Duty
- Acquisition taxes calculated under current IRAS rules, with liability depending on the property, buyer and timing.
- Seller's Stamp Duty
- A tax that may apply when specified property is disposed of within the prevailing holding period.
- Minimum Occupation Period
- A period during which applicable HDB owners must occupy the flat before specified transactions or uses are permitted.
- Home Financing Eligibility letter
- The HDB assessment used in the relevant flat-buying process. Check current scope, validity and conditions directly with HDB.
- Remaining lease
- The unexpired lease term, which can affect financing, CPF usage, demand and long-term value.
This glossary is a starting point. The operative contract, title, approved records and current official rules govern each case.