Singapore Property Resources
The Loan-To-Value (LTV) limit determines the maximum amount an individual can borrow from a financial institution (FI) for a housing loan.
LTV refers to the loan amount as a percentage of the property’s value. For example, if an individual borrows $750,000 to purchase a property valued at $1,000,000, the LTV is 75%.
Therefore, when LTV is 45% (for second home loan), the purchaser will be expected to make a downpayment of 55% of which, minimum 25% must be in Cash. The balance 30% can be CPF or Cash+CPF.