By Darren Ong (guest contributor) In Singapore, before you apply for a housing loan from banks or any financial institution (FI), you have to first determine the maximum housing loan amount you can borrow, which in turn determines how much upfront cash or CPF fund you need to set aside before you commit to any purchase of Singapore property. On the 5^th of July 2018, MND, MAS and MOF jointly announced that the LTV limits will be tightened by 5% for all housing loans granted by financial institutions (FI), as part of a package of measures to cool the property market in Singapore and keep housing price increases in line with economic fundamentals. In simple terms, the LTV limit simply means the loan amount as a percentage of the property’s value. For example, if your LTV limit is 60%, this means you can only borrow $600,000 from the bank for a property valued at $1,000,000....