Singapore Commercial Housing Loan

Singapore Commercial Housing Loan

We look at various Singapore commercial housing loan conditions and terms in Singapore. It is taken from a bank / financial institution in Singapore as an example for your knowledge. Details of Singapore Commercial Housing Loan plans and packages will vary between banks.

Singapore Commercial Housing Loan is provided for personal use and not for investment purposes.

Singapore Commercial Housing Loan Features and Benefits:
Financing all types of completed or under construction residential
properties.
Minimum loan amount is SGD200, 000.
Quantum of financing (QOF) up to 80%.
Legal fee and valuation fee subsidy.
Free fire insurance for 2 years.
Enjoy loan tenure up to 40 years, or 70 years of age, whichever is earlier.
No processing fees.

Singapore Commercial Housing Loan Benefits:
Option of term loan and overdraft.
Customer with OD facility only required to service interest.

Singapore Commercial Housing Loan Terms & Conditions Apply.

Singapore Commercial Housing Loan Eligibility:
21 years old & above.
Any of the applicants must earn more than $24,000 per annum.

Singapore Commercial Housing Loan Requirements:
Copy of NRIC/Passport of all Applicants & Owners.
Income Documents.
Latest Computerised Payslip (salaried).
CPF Statement – Latest 12 Months Contribution History (salaried).
2 Years Income Tax Assessment (self-employed).
Option to Purchase or Sale & Purchase Agreement (for new purchase).
Loan Statement from Existing Bank/Financial Institution – Latest 12 months (for refinancing).
Latest CPF Withdrawal Statement for Existing Property to be Refinanced/to be Sold.
Evidence of Sale of Existing Property (if applicable).
Singapore Commercial Housing Loan Tenancy Agreement (if applicable).


Singapore Commercial Housing Loan details subject to change.



Singapore Housing Loan Rates subject to change.

Housing Loan Rate