PROPERTY
FINANCING
Property financing is an integral part of a property transaction. We
want our clients to get the best loan packages available. Based on your
investment objectives, you may want a loan with no lock-in period versus
one with a lower interest rate. Choosing a suitable property loan package
can enhance your investment returns or save you thousands on interest.
It is only prudent to give serious thought on the property loan package
to go for.
More options
We work with every bank and financial institution in Singapore. We give
you more options, impartial advice and thus better property loan packages
at no cost to you!
Impartial advice
In considering the best property loan package, beside interest rates,
there are other factors such as lock-in periods, amortization methods
and special features or perks that you will have to take into account.
It can be tough choosing a property loan package that best suits your
needs. We will compare and analyze packages so that you get the best
deal.
Better loan packages
Property
loan packages change all the time. You may have decided on a particular
package but a better package may be launched before you accept the letter
of offer. We constantly monitor the market to ensure you get the best
property loan package at the time of signing. Once you
take up your property loan through us, we will update you on better
refinancing packages that come along. There is no need for you to worry
about not getting the best property loan anymore.
FAQs
Can I take a loan if I am a foreigner? What is the maximum financing
(loan) amount?
As
a foreigner earning foreign income, you can loan up to a maximum of
80% of the purhcase price of the property subject to property valuation
by the lenders. From our experience, majority of our clients can secure
loans of 70%.
Can I take a loan if I am a foreigner?
As an established
real estate agency, we can help you secure a loan for property purchase
from one of the major banks.
What
is the maximum financing (loan) amount?
As
a foreigner earning foreign income, you can loan up to a maximum of
80% of the purhcase price of the property subject to property valuation
by the lenders. From our experience, majority of our clients can secure
loans of 70%.
What are the types of bank loan available?
The loan can be fixed rates or floating rates.
What are the other
expenses involved in investing in Singapore properties?
- Legal
fee - You have to pay for a one-time legal fee of about $3000 SGD
per transaction. However, the bank usually provide full legal subsidy
if you take up a loan subject to the bank's terms and conditions.
- Renovation
costs
- Furnishing
costs
Reference
: Monetary Authority of Singapore (MAS)
