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I'm SPR and Australian citizen. I'm interested to buy private property to rent out as a form of investment. Am I eligible to borrow money from Singapore bank if I'm currently working and residing in Australia ? If yes, what is the maximum percentage can I borrow ?
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1 Answer

Robin Chua
Replied
Hi KK,

Good day, hows it going? Pertaining to your question, you are eligible for a loan from Singapore bank for a property if you are currently working.

For your second question, it will be best advised by a mortgage specialist. However, with my 2 cents worth of knowledge, it depends on your job nature and income in Australia. Typically, if the bank agrees to the loan, it will be around 70%.

Hope it helps.

Best,
Robin Chua
 98784688 
robin@propertyrar.com Read More
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