MSR and TDSR in Singapore: The Complete Guide to Buying HDB or Private Property

The Mortgage Servicing Ratio (MSR) limits monthly housing instalments to 30% of gross income for HDB and new EC buyers, while the Total Debt Servicing Ratio (TDSR) caps total monthly debt repayments at 55% for all property types. These measures safeguard affordability, curb speculation, and protect households from over-borrowing