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Hi there

I am a Singaporean living and working overseas, and my partner (non-Singaporean) and I are thinking about purchasing a place in Singapore. We own a place overseas.

Questions:

1. I understand that we are only able to purchase private property - is that right?

2. What kind of loans are we subject to? Because we are earning income overseas, do we engage a local (Singaporean) bank, or do we use our overseas bank?

3. What is the average borrowing capacity in Singapore?

Thank you.
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3 Answers

Lyna Song
Replied
Hi Mdm Kuan;

Yes,you are right,if you own a property overseas,you are not eligible to purchase a HDB according to the new ruling.You will need to get local bank loan,max of 70% of the purchase price only if you are a foreigner not working in Singapore(subjected to approval by banks).I have a few new projects that are very good for investment.. Feel free to contact me for more info..Thanks

Rgds;
Lyna from ERA
 96238442 
lynasong@hotmail.com
www.lynasong.myweb.sg Read More
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Able S.K Toh
Replied
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1
Upvote Upvoted
Able S.K Toh
Replied
----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1
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