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I'm a Singapore Citizen and currently living overseas. I am interested to buy a condo in Singapore and would move back in a few years time. Do I need to have a bank account in Singapore in order to apply for mortgage loan?
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11 Answers

Hi friend,

I served one fellow Singaporean in similar situation like you last year.

Yes you need to have a Singapore bank account.

If you have further query, feel free to contact me ,

Steven Wang
OrangeTee
khim.wang28@gmail.com
 +65 9169 5023  (whatsapp for quick response) Read More
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Hi Sir/Madam

Yes, eventually you will need bank account in Singapore to serve your loan
I will be glad to assist with details calculation and timeline
No agent fee from private property buyer

As I won't be able to pm you first due to pdpa, appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here http://bit.ly/2tzIQ1a to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

PropNex Realty Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Good afternoon,

Yes you will require a bank account here to service the mortgage installments. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Top 600 Achievers in Year 2017 (Top 10%)
ERA Top 300 Achievers in 3rd Quarter 2017 (Top 5%)
SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
FB: facebook.com/ASAProp
W: ivanng10.com/clientreviews
(Client's Testimonials)

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! ** Read More
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Hi, for the initial stage, there isn’t a need to open an account yet. I’m marketing a few new launch projects currently and hope to be able to assist you further too.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Tan Pei Cheng (Pei)
Hi,
I am keen to assist you.
Feel free to contact me@ 97100155 .
I would like to explain to you more.
Pei Propnex Read More
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Hey! Yes you'll need to.

Hope to be in touch further.

Thanks!
Jim Tay
Mobile: 83337213 
Email: me@jimtay.com
Learn more at: www.jimtay.com Read More
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Hi

To apply for a mortgage loan, the bank will need to assess your ability to pay back the loan. Your employment will be one of the criteria. If you furnish with the proper documentation on your employment ie working with goggles, the chances of getting a loan are much higher.

If you do "pledge", you will need to open an account with the bank. Regardless, it will be proper to speak to a banker who is a profession in this field.

Should you need a recommendation of a banker, you may text 9620 0827 . Attached a link for your reference. https://tinyurl.com/y39sn9gp

Regards

Gavin Read More
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Dear Sir/Mdm,

You will not need a bank account in Singapore to take up a mortgage loan. I have assisted several of my clients who are Singaporean and residing overseas to purchase a residential property in Singapore.

Please feel free to contact me so that I can give you an overview of the purchase process and guide you through the loan application. I can gather your requirements better and provide you with suitable recommendations for the projects to purchase.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide to buying Residential Property:
http://bit.ly/buypropertyguide
Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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Lee Chun Peng Adnic
Dear Sir/Madam,

I have helped my clients who have similar concerns smoothly transit back to Singapore. Purchase their property/ies, leased out, manage it and even divested some of their properties due to change of plans. If you are looking for a hassle-free experience, contact me at 96722265 .

Thank you.
Adnic
ERA
Associate Division Director. Read More
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Robbie Chen Chee Howe
Hi,

You may not need to have a bank account at the point of your purchase, but you will definitely need one eventually, as your monthly mortgage will be through the bank.

Should you need require 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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