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Hi, I would like to buy a private property in Singapore but i have another overseas property (malaysia) with an outstanding home loan (with malaysia local bank). Am i eligible to obtain a 80% home loan for the private property in Singapore? Should i disclosed it to the banker? How do the banks evaluate this situation?

thanks.
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3 Answers

Geryl Lim
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Wendy,

Talk to a banker to get an accurate information before your next move.

Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
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Aaron Chong
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Hi Wendy

It is up to you to disclose the overseas property to the banker or keep it to yourself. As for the loan issue in Singapore, you should be able to get 80% loan if this is going to be your first property in Singapore.

Pls feel free to let me know if you need any banker's contact or any other assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Toby Aw
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