Do take note that SPR/ Foreigners have to seek approval from SLA's Land dealings unit before they purchase any landed property in Singapore (other than in Sentosa).
Thus if you are purchasing alone as a SC, you will be subject to additional buyer's stamp duty. If you have any outstanding housing loan, you can only loan up to 50% (still subject to TDSR). If not, you can obtain up to 80%.
Why not let my banker advise you on your in principle approval first so you can gauge how much loan you can obtain.
Hope to hear from you soon!
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171
(W): www.yttan.com Read More