http://www.mas.gov.sg/News-and-Publications/Media-Releases/2016/MAS-Eases-Rules-on-Motor-Vehicle-Financing.aspx
Open Market Value of motor vehicle Maximum LTV* Maximum loan tenure Less than or equal to $20,000 70% (previously 60%) 7 years (previously 5 years) More than $20,000 60% (previously 50%