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Hi good morning, this is Nicole. I am a foreigner holding student pass here in Singapore. I would like to ask you a question if I can apply for bank loan to buy re-sale a condo without income?
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6 Answers

Hi Nicole,

There are 2 main parts in your posting:
(1) Foreigner: Yes, foreigner can purchase private property, strata unit; in other word, condominium or apartments, non-landed property unless receive a In-Principal Approval from authority.
Student pass not an issue, this is meant for rental purpose, stating your legal residence status.

(2) Bank loan: usually this is not possible as you can't prove you are able to repay or 'service' the loan without any regular income.

The other way of getting loan is to open a fixed saving account with a substantial amount. This is to act as a collateral to the bank, you may check with bank for different ways of doing it.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Hi,

Evidently, purchasing a property requires through and critical thinking. Let's catch up at 96659926  for me to work out a financial calculation breakdown for your purchase and share more insights on the transaction caveats as well as the price analysis of proposed private property types to help you make an informed decision. Do note that it is purely non obligatory and the only objective of the discussion should be to enlighten you on the differences, work out your finances to propose which projects you may wish to consider and aide in the price charting of units in the market.

Should you be keen on availing my consultation and services, do note that there is no agent fees involved and I will walk you through this whole tedious process of : explanation of procedure, shortlisting, negotiation, paperwork, establishing financial projections / application of loan, sharing of market insights, providing up to date transaction caveats & price analysis of properties as well as and handling all technical and legal matters at NO cost!

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com

#1 team of ERA in Singapore, Asia Pacific International for 2014.

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013/14
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
2015 April ERA Top Achievers
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Robbie Chen Chee Howe
Hi Nicole,

I think it is best if you can speak to a banker on loan matters. Should you need a referral, drop me a text, I can get a banker to assist you on this.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi Nicole, without any income from you, it will be very difficult to borrow any loan from the bank.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Nicole

I have experience in helping Foreigner buyer to purchase properties in Singapore and link them with reputable bankers for their loan
Please contact me at (65) 96608508  for non-obligation discussion
Thank you.

Warmest regards,

Silvia Yogisaputra (Silvia Yang)
PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Thea Hoi Shu Min
Dear Sir,

Good day to you! I would be more than happy to assist you in your house searching process. Feel free to give me a call at 81255537  or email me anytime in order to send you a report on your property. Hope to hear from you soon! Please contact me in order to give you immediate information when there is new listing.

Warmest Regards
Thea
 81255537  Read More
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