What is Total Debt Servicing Ratio (TDSR)?
Total Debt Servicing Ratio (TDSR) is a cooling measure introduced by the Singapore government to limit individuals from spending too big a proportion of their monthly income on debt repayments. At present, the TDSR is set at 55%, after the government tightened the threshold by 5 points on 16 December 2021. Since property loans are large liabilities for many, TDSR ensures that borrowers practice financial prudence, and are not over-leveraged for their purchases. What is Total Debt Servicing Ratio (TDSR)