How is TDSR calculated in Singapore?
Singapore’s property market is highly regulated, and borrowers must adhere to strict financial requirements in order to maintain responsible borrowing practices. One essential aspect of assessing affordability in the HDB or Private property market is the Total Debt Servicing Ratio (TDSR). The TDSR serves as a crucial framework implemented by the Monetary Authority of Singapore (MAS) in 2013. TDSR in Singapore serves to safeguard borrowers and promote sustainable lending practices. This article will help you understand how the calculation of